Fairfax County Budget Gloom
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Declining property values, prompted in part by the foreclosure crisis, have contributed to Fairfax County's gloomy budget forecast.
Foreclosure filings*
| Qtr. | '06 | '07 | '08 |
| 1st | 121 | 347 | 3,518 |
| 2nd | 128 | 640 | 3,881 |
| 3rd | 229 | 1,818 | |
| 4th | 115 | 1,722 | |
| Total | 593 | 4,527 |
SOURCE: RealtyTrac
*Foreclosure filings include default notices, auction sale notices and bank repossessions.
