Lake Ridge Virginia Real Estate Help For Sellers and Buyers: Woodbridge Virginia Real Estate Market- Suffering From Lack Of Resale Inventory Heading Into Spring Market!

Woodbridge Virginia Real Estate Market- Suffering From Lack Of Resale Inventory Heading Into Spring Market!

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I've got a secret for any homeowner in the Woodbridge Virginia area who is reading this...

Prince William County Virginia is heading into a raging sellers market come spring. We need inventory to sell! Buyers are growing frustrated from the lack of inventory. I had two call yesterday saying " how come there are not very many houses for sale right now? My answer everything is Under Conract. So my advice if you are thinkng of buying a home. Get preapproved now and be ready to jump in the car when a home comes on the market that you like.

 

 

 

 

 

 

 

 Take a look at what Trulia.com data is showing: 

Listing Volume - Woodbridge

 

Follow Peggy James on Trulia.com

If you are thinking of Selling or moving up to a larger home,there has never been a better time in the past three years than right now. Learn why Winter is the best time to sell your home for top dollar. Call me today to see what your options are. Don't forget if you are selling your home and buying another home you Smay be eligible for the $6500 Move Up Buyer Tax Creidt. What could you do with an extra $6500 in 2010?  

         Curious What Your Home Is Worth?  Call me 703-851-3085 or or contact me by email .

Erick and Company services Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Manassas Park, Haymarket,Montclair, Dumfries, Occoquan, Dale City, Gainesville, Aquia Harbor, Garrisonville and Triangle area's . Note: if you need help selling your home by short sale we can help.
                                
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Peggy James-Exit 1st Choice Realty Woodbridge Virginia

 

 

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Contact Peggy James or Erick Blackwelder of Erick and Company of Exit  Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085(Peggy) 703-590-2252 (Office).Give us a call and we can "GET YOUR HOME SOLD FAST"to list your property for sale we service WoodbridgeLake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas,Gainesville, Garrisonville and Triangle area's.Basically all of Prince William County Virginia. Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City.

  

Comments

Hi Peggy. We're experiencing a similar situation in the Arlington/Alexandria/Falls church/Mclean area.

Not much new coming on and well priced homes going under contract quickly. If people are thinking of selling now is the time. I have noted before that sellers should not take this as sign to overprice. Those homes are still not moving.

Posted by Jane Jensen (Century 21 New Millennium) over 2 years ago

Hi Peggy,

 Great post. It is always interesting to read what is going on in other real estate markets. What do you think is responsible for this fairly unique situation?

 

Jane-Thanks for sharing.

 

Regards,

 Peter

Posted by Peter Ferrigan (New Media for Real Estate) over 2 years ago

Hi Jane,

I couldn't agree with you more. Throughout my real estate career, each time our real estate market shifts like this, the first thing to be negotiated away in an offer to a seller is the buyers closing cost assistance.

What are you all seeing in your area's?

Posted by Peggy James-Full Time REALTOR® I Serve The Lake Ridge Virginia Area (Exit Choice Realty) over 2 years ago

Hi Peter,

Thanks for stopping into comment today.

Well compared to Flordia where you are and where housing inventory is abundant, we have several factors that is creating the lack of inventory.

  1. Woodbridge is centrally located between Ft.Belvior and Quantico Military Bases
  2. Woodbridge is located less than 20 miles from the Pentagon and Ft. Meyers
  3. Woodbridge is within driving distance to the Navy Yard as well.
  4. Woodbridge is within a 45 minute commuting distance to Washington DC.
  5. Woodbridge Virginia is located in Prince William County VA which is much less expensive than towns closer to the city.
Posted by Peggy James-Full Time REALTOR® I Serve The Lake Ridge Virginia Area (Exit Choice Realty) over 2 years ago

Hi Peggy,

 Thanks for your response. It sounds like a great area. 

Have a nice Friday.

Regards,

 Peter

Posted by Peter Ferrigan (New Media for Real Estate) over 2 years ago

Peggy

That is great news.  We are starting to see the market heading in the right direction here in Charlottesville also.  I am not sure if we will have a sellers market by spring, but it is looking a lot better.

Posted by Dave Shockley Charlottesville Virginia Real Estate (Independent Contractor) over 2 years ago

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