As Realtors in the Fredericksburg real estate market, we very often find potential home buyers who iare looking to purchase a foreclosed home.  No problem with that, we have LOTS of them.  But, occasionally we meet a buyer who is adamant they want to buy a home at a “foreclosure sale,” or in other words on the courthouse […]

Fredericksburg real estate – Question and Answer Category
The question is “Do I have to have an 800 credit score to purchase a home? I have been told that if you don’t have an 800 credit score, you might as well not even try.”
Another great question, driven by lots of rumor, and media information… or misinformation.  […]

I began running some statistics this morning to determine what percentage of home sales in the Fredericksburg real estate market are derived from distress property sales… foreclosures, short sales, etc.  In the middle of running these numbers, I found that Bill Freehling, who writes the Business Browser blog had already run numbers for March.  In […]

Fredericksburg Real Estate – Question and Answer Category
Question: I am looking for a home to purchase.  I am looking on the Internet and finding homes, but when I call my agent, we find that most of the homes I found online are under contract.  Why is that?
This is a great question, and it presents a […]

I have been inspired to begin a new category of posts on the blog…. a question and answer category.  As Realtors, my team fields a lot of questions when working with clients.  Both buyers, and sellers.  We also field a lot of questions from our Internet presence as well. 
So, this new category is designed to […]

Fredericksburg Real Estate Market – STAFFORD COUNTY SEGMENT
Unsold properties currently on the market – 1115
Sold in the last 30 days – 134
Absorption rate – 8.3 months (time it would take to sell current housing inventory at current rate of sale.
Average Sales Price – $239,040
On average homes are dropping 9.3% from the original list price to the final sales price.  An […]

Fredericksburg Real Estate Market – FREDERICKSBURG CITY SEGMENT
Unsold properties currently on the market – 195
Sold in the last 30 days – 16
Absorption rate – 12.2 months (time it would take to sell current housing inventory at current rate of sale.
Average Sales Price – $226,691
On average homes are dropping 13% from the original list price to the final […]

Fredericksburg Real Estate Market – SPOTSYLVANIA COUNTY SEGMENT
Unsold properties currently on the market – 1275
Sold in the last 30 days – 139
Absorption rate – 9.2 months
Average Sales Price – $218,744
On average homes are dropping 13% from the original list price to the final sales price.  An average of 3.5% of that drop occurs from the final […]

I was among the first to rail of the potential dangers and major pitfalls of short sales a couple of years ago, when they first started popping up in the Fredericksburg Real Estate market.  And, to be fair, I still usually prefer that a buyer, especially a first time buyer, buy a regular resale or […]

Several people have asked about the makeup of my team, now that we have moved to RE/MAX Bravo.  Below is the team photo that we had made after our switch to our new company.  Pictured below from left to right are: Robyn Fisher, Jeff Edmisten, and Ruthie Buck