Throughout many conversations with sellers over the last year or so, I have discussed where the market HAS to go, before a true recovery takes hold. Where the market has to go is to a place called affordability. In 2005 and 2006 home prices jumped far beyond what many people could afford, and ultimately reached […]
That is a great question. I threw away my crystal ball somewhere in 2007… but I kept my opinions. Here is what I do know for sure. There are segments of the Fredericksburg real estate market, along with other areas we service, like Woodbridge real estate, Dumfries real estate, and basically the eastern portion of […]
For several years now my real estate team has been a pioneer of sorts in the real estate industry. I say that because unlike a lot of Realtors, I have learned that the traditional real estate agent and the auctioneer do not have to be competitors with each other. Actually, we have done just the […]
There is so much misguided hype and misinformation regarding short sales in the media, on the Internet, and even by people in the real estate industry. But the real story is that short sales are a DRIVING force in the Fredericksburg real estate market today… and for the foreseeable future.
One of the reasons they are […]
Last 30 Days real estate activity – Fredericksburg Real Estate Market – Stafford County Real Estate Section
Activity for the last 30 days:
New Listings Added – 234 (78 of those new listings are already under contract and 2 have sold)
Average List Price – $309,754 Currently Under Contract All Listings – 463 properties
Average Contract Price – $249,085 Average Days […]
This report was just released by MRIS. MRIS is the MLS system that services the Fredericksburg real estate market, as well as Northern Virginia, among many other places. The report is titled “First Quarter 2009 Trends in Housing Report Highlights,” and provides some interesting opinion on what is happening in the Washington area housing market, […]
Home prices to double by 2015. I recently read that headline in an article contained within a newsletter from Fairway Independent Mortgage, where my friend and long time preferred lender Kim Thagholm is a Mortgage Planner. I read the article with a skeptical mind, and contemplated how this would play out in the Fredericksburg real estate market.
After […]
Last 30 Days real estate activity – Fredericksburg Real Estate Market – Spotsylvania County Real Estate Section
Activity for the last 30 days:
New Listings Added – 250 (70 of those new listings are already under contract and 2 have sold)
Average List Price – $311,570
Currently Under Contract All Listings – 468 properties
Average Contract Price – $228,450
Average Days on Market […]
Last 30 Days real estate activity – Fredericksburg Real Estate Market – Spotsylvania County Real Estate Section
Activity for the last 30 days:
New Listings Added – 250 (70 of those new listings are already under contract and 2 have sold)
Average List Price – $311,570
Currently Under Contract All Listings – 468 properties
Average Contract Price – $228,450
Average Days on Market […]
One of the common questions I am asked lately is what kind of activity is happening in the market. So, let’s spend the next couple of days answering that question here on the blog. I will address this by specific portions of the Fredericksburg real estate market, including the City of Fredericksburg, Spotsylvania, Stafford, King […]
