Lake Ridge Virginia Real Estate Help For Sellers and Buyers: February 2009

This was the busiest Presidents Weekend I can remember since 1996.  Our office helped several buyers negotiate contracts over the weekend. Each buyer we worked with was shocked at the amount of interest in each and every home.Not only were we encountering other Realtors and Buyers in many homes, in several cases we are running into multiple offer situations. Banks are requesting highest and best offers from the get go. Typically we do not see this level of activity untill well into March and April!  Why is it so busy?

Values are down...interest rates are historically low, and the $8000 tax credit is within reach for every first time buyer! What are you waiting for? Whether you need to sell or buy..it's time!

Here's proof the Spring Market has come early this year!  I did a little research  for you.According to MRIS database this morning ,the data shows that the resale activity is brisk! This does not yet reflect all the homes that received offers over the long weekend.

 288 Detached Homes have gone Under Contract since February 1st in Prince William County

• 5 homes priced between $600,000 and $800,000
• 11 homes priced between $500,000 and $600,000
• 30 homes priced between $400,000 and $500,000
• 66 homes priced between $300,000 and $400,000
• 63 homes priced between $200,000 and $300,000
• 98 homes priced between $100,000 and $200,000

Note: two years ago single family homes priced under $200,000 were a rare find in Prince William County. So you can see, buyers are out and in great numbers in Prince William County.

226 Townhomes have gone Under Contract since February 1st in Prince William County

• 2     Luxury Townhomes between $300,000 and $400,000
• 55   Townhomes priced between $200,000 and $300,000
• 100 Townhomes priced between $100,000 and $200,000
• 62   Townhomes priced between $40,000 and $100,000

10 Condo's have gone Under Contract in February 2009 in Prince William County.

If you've been thinking of selling your home, now is the time to get it on the market. We have a fantastic track record for getting homes sold fast, check out why

If you thinking of Buying a home, don't wait. Call us Erick Blackwelder today, or watch this video to learn more about who we are.

Remember it doesn't cost you a penny more to have a Top  Producing Successful Realtor like Erick Blackwelder help you Buy or Sell a home. Don't you want an experienced agent on your side?

Let us know how we can help you.Contact us now.

                                                        Call 703-590-2252

Contact Peggy James or Erick Blackwelder of Erick and Company of Exit 1st Choice Realty,14029 Crossing Way, Woodbridge VA 22192.VA. Realtors®, call 703-851-3085(Peggy) or 703-590-2252(Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's