The Marine Corp 1/2 Marathon is this weekend! Above is a route map. Several roads will be closed from 6am-noon to accommodate the marathon participants. Please plan to avoid these roads accordingly.
I would also like to extend well wishes and good health to run of my favorite Marine Corp 1/2 Marathon runners, @craig42k! We will […]
My initial thoughts when seeing the April report was that we were seeing February prices finally closing in April and that I would see quite a few short sales and foreclosures on the list.
In April we had 15 homes sell in Fredericksburg City (22401). Of these, 4 were short sales and 5 were foreclosures. 4 of […]
A first class stamp now costs 44 cents, as compared to 42 cents yesterday. Why the increase? Well, the cost of doing business has increased. The postal service is still recovering from the inflated gas prices of last year, as well, as trying to stay afloat in this recession. With all the talk of cutting […]
Fredericksburg City:
95 days on market – this is 85 days less than in April 2008
Sellers received, on average, 90.50% of their list price when the home sold
There is 12.85 months of inventory on the market
13 homes sold in April 2009 – this is 1 more than in April 2008
The most popular price range was $100,000 and under and $200,000-$249,999
The median sold price was $210,000, compared to $277,500 in April 2008
4 homes […]
Happy Have a Coke Day! This is a very popular holiday among my followers on Twitter, so I decided to share it with my blog readers. Take some time today to savor the caffeinated goodness that is a Coke!
Did you know that Coke is not just for drinking? There are several ways to use this carbonated masterpiece […]
Well, I’ve been saying it for several months, but now USAToday is reporting that homes are starting to see multiple offers. In the past 6 months, 10 out of 11 clients of mine have found themselves in a multiple offer situation at least once during their home search. One client wrote 4 offers before finally being the […]
The real estate market is beginning to see a trend in the time it takes to close on a property. Unfortunately, it is taking longer to close than it has in the recent past. Gone are the days of 15-21 day closing periods. We are now seeing closing periods of 45-60 days on average. However, buyers in […]
It’s that time of year again! It’s time to celebrate Cinco de Mayo! First, a little history lesson, Cinco de Mayo does not celebrate Mexico’s Independence Day. Mexican Independence Day is September 16th. Cinco de Mayo celebrates the victory of 4,000 Mexican soldier against8,000 French soldiers on May 5, 1862. This battle was the first time the French […]
Fredericksburg City:
52 days on market – this is 144 days less than in March 2008
Sellers received, on average, 86.51% of their list price when the home sold
There is 11.36 months of inventory on the market
14 homes sold in March 2009 – this is 1 more than in March 2008
The most popular price range was $100,000 and under.
The average sold price was $235,850, compared to $265,100 in March 2008
Orange County
137 days on […]
April is Fair Housing Month! (I’m a licensed Fair Housing Instructor and I must say that Fair Housing is absolutely my favorite class to teach!) Why April? Well, two reasons. First, this is the month that Congress passed Title VIII of the Civil Rights Act of 1968. This Act prohibits discrimination in housing based on […]
