Chip and Becky's Northern Virginia Real Estate Update Blog
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Friday, March 16, 2012
Coming Soon - Redwood Lakes - Culpeper, VA
Priced at $249,900 this home features almost 3,000 square feet of living space on 2 levels and another 1,390 unfinished square footage in the basement. 4 bedrooms and 3.5 baths - will be held open this Sunday. Call or e-mail for more details.
Wednesday, March 14, 2012
Market Update - Centreville, VA
If you've been thinking about selling your home - now is the time. Our team listed a so-so town home last Friday. It was a foreclosure listing and needed some cosmetic repair before it would be ready for occupancy. By Monday afternoon, there had been over 50 showings and 11 contracts!! All, but one of the contracts was at or over list price. Buyers were willing to waive the inspection, appraisal, and financing contingencies - reminding us of the 2004 - 2005 market. We don't know how long these market conditions will remain, but as long as inventory remains low and interest rates remain below 4%, we think we're going to see a seller's market for the forseeable future.
If you're interested in learning more about our sales team, feel free to call or e-mail. We're here to help!!
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