According to the 12/11/2008 Richmond Times Dispatch

Foreclosures in Virginia continue to rise from a year ago, but the rate here is better than it is nationally.

One in every 567 Virginia households, or a total of 5,694, received a foreclosure filing in November, according to a RealtyTrac report released today. By comparison, one in every 488 U.S. households receiving a filing. Filings include notices of default, trustee sales and foreclosure sales, according to the online database.

Filings here rose 121 percent last month from November 2007, while nationally they increased 28 percent, according to the report.

This number shows the market in pre-foreclosures is still very active.  What this report doesn’t reveal is how many of these are upside down, or how many can have a deal made from them.