A news report in USA Todaythe other day showed a (Chart: Under Water Chart ) where home owners across America are under water on their mortgages. Of course we all know that California, Nevada and Flordia make the list. But did you realize that Prince William County Virginia is ranked #26 on that chart!
According to the report 47.4% of Prince William County Virginia homeowners are now underwater on their mortgages.
A news reporter called quoting this figure, like this was big news or something. I choose not to meet him, it was 7pm at night, dark outside. Seriously, we live here...we know exactly how bad the real estate market hit Dale City, Woodbridge and the Manassas Virginia area since 2008. No one has to rub salt in the wounds or make homeowners feel any more stressed than they already do.
"Please...let ne shed a ray of sunshine on this. The local news media always lead with the bad stuff. I believe homeowners need some glimmer of hope."
Yes, many homes sold for a loss as reported by Zillow here on this graph in the past year.
However if you simply ask a different question, the Zillow model will also show you that many homes sold for a gain in the past year in 22191,22192 and in 22193.
In the past year,I have sat across the settlement table on a lot of real estate transactions. I witnessed one of my homeowners writing a check for $17,000 to sell her home who could not qualify to sell by short sale. I've witnessed other sellers who have collected good sized equity checks at the closing table. I've also helped many short sale sellers sell and not have to pay one dime at the settlement table.
When you are ready to sell. My advice is call me. Let me take a look at your individual situation. In the meantime, you can Find out now what your home is worth. If you would like to schedule an appointment for me to come see your home contact me by email or call 703-851-3085.
Contact Peggy Jamesor Erick Blackwelder of Erick and Company ofExit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252(Office).Give us a call and we can "GET YOUR HOME SOLD FAST" to list your property for sale we service Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City, Gainesville, Garrisonville and Triangle area's .
" You would want to hire me as your REALTOR®, if you're looking for a high energy, positive, take charge,knowledgeable person that is passionate about helping you get what you want! "
That's me! I'm easy going, and prefer to communicate by email, text and I use the latest technology to not only to stay in touch with you, but to market homes for sale as well and to negotiate.
Check out the newest listings For Sale right now in our area. Click on the box below!
The area's I service in Virginia are Lake Ridge, Woodbridge, Manassas. If you live outside these area's let's talk. If you have found my information helpful and you like what you see, chances are if I cannot help you, I know another REALTOR® who can.
Tip: when reading any blog post, pay close attention to the date post was written as homes sell quickly. Call author for up to date information.
Do you need help? Have a question? Contact me now
Note: This real estate blog is written by me Peggy James and it is is my opinion and may not reflect the opinion of Exit Choice Realty 14067 Crown Ct, Woodbridge Virginia 22193.
I have been blogging since 2008 and I am a full time REALTOR® .