September was actually a good month for closings in all counties that I service.  What was slower was the number of showings per listing and the number of houses going under contract.  I expect to see this reflected in the October sold statistics, since most contracts take 30 days to close. We have seen a new […]

For the last few months every time you turn on the tv or open the newspaper or get online, all you see is news of the Bailout Bill.  So, who exactly is getting bailed out?  Is it the bank that made the risky loan, knew they were making the risky loan, and are now surprised […]

 
The 2008 Presidential Election will make history.  The United States will either have our first African-American President or first female Vice President.  Like the 2000 Presidential Election, every vote will count.  Virginia is already receiving recognition as a battleground state.  If you have not registered to vote yet, please click here.  You must have the documents postmarked at […]

Tag… I’m it!  I’ve been tagged!  Yeah me!  Who would have thought that someone wanted to hear me talk about me any more?  But Lisa Sanderson does!  That spunky REATOR from the Poconos is good people!  So here are 6 things about me you could care less about! 
1.  I am terrified of Hobbits.  Yeah, those […]

Days on Market                          Sales Price vs List Price

 
 
 
 
 
 
Months Inventory

Days on Market                        Sales Price vs. List Price

 
 
 
 
 
 
 
Months Inventory

Days on Market

 
 
 
 
 
 
 
 
Sales Price vs. List Price Ratio

 
 
 
 
 
 
 
Months Inventory

The housing market has been in turmoil for several years now and you have begun hearing news about reform.  The mortgage industry’s reforms and incentives are designed to improve buyer confidence and aid delinquent borrowers.  There are 5 key points to reforming the mortgage industry and in return improving the housing market. 

FHA modernization including […]

 
Fredericksburg City Council will be meeting again in the next few weeks to discuss limiting the sizes of new residential buildings in the downtown area.  The above picture is of 3 houses on Charles Street, near the train station.  This area is part of the historic district.  The home on the left was built in […]

Reassessments to Begin
Blue Ridge Mass Appraisals will be back out in full force next month, September, to reassess property values in the City of Fredericksburg.  In the past, property values were reassessed every 4 years, but in a motion passed in October of 2006 by City Counsel, Fredericksburg politicians voted to change reassessments to every […]