2008-04-07yahoo.com

``The crisis has hit especially hard here in Loudoun County, Virginia, where upscale developments have supplanted horse farms over the past fifteen years.... Now the bill has come due. One out of every 69 households in the county was in foreclosure in the last three months of 2008, well above the national average of one filing for every 555 households, according to RealtyTrac... Housing prices in the county plummeted 8 percent in 2007, the sharpest drop in the region, according to the Washington Post. New home starts plummeted by 50 percent.''



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