Yesterday I was crossing my front yard with a camera in hand to go photograph our newest listing in Westridge Subdivision. A car pulled over and the woman rolled down her window and asked is that house coming on the market? I said it sure is. She looked puzzled and asked " why in the world would someone put their home on the market heading into the holidays and winter?"
I smiled and explained many people need to buy and sell homes regardless of the time of year. She looked at me with a puzzled look. I explained that actually in our current market conditions here in Eastern Prince William County Virginia, it may be the perfect time for homeowners to consider listing their home for sale.
For example. I pointed to the home in question. I explained that currently there are less than a dozen homes for purchasers to choose from in the Lake Ridge Virginia and surrounding area's when looking for a move-up home under six hundred thousand dollars. Inventory is very low right now in the Woodbridge Virginia area. With interest rates so low, and the home prices correcting. Many homeowners who have been thinking about purchasing a move-up home have watched home prices rise and are fearful that the historiacall low rates will soon be gone and they might be priced out of the market.
Check out the current inventory levels in the 22192 Zip Code area right now VIEW HERE
When Selling Your Home Keep in mind there is something I call The Winter Advantage.
The Winter Advantage is simply this. As fair weather sellers take their homes off the market for the fall and winter holidays. Who say, we'll come back on the market next spring means. Inventory dwindles.
- This means less competition for you the homeowner who needs to sell.
- Better terms ( chances are closing costs will be less or buyers may allow for a short rent back)
- Chances are you will get your price...when you price it at Fair Market Conditions.
- You may even expereince a multiple offer situaiton and be able to choose which offer is best for you.
If you have questions about the real estate market simply pick up the phone 703-350-4990 x104 and call me or Contact Me Now Here
Other Related Article:
- Those who choose to take their homes off the market till spring may be making a mistake
- Westridge Subdivision is a sought after place to live in Woodbridge Virginia
" 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.Still not sure I'm the right local professional for you? Check out my LakeRidgeVARealEstateNews blog or head on over to my LakeRidgeVAHomesForSale.com website to learn how I have others just like you sell or buy a home in the local area.
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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.
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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® .
Peggy - good points. Nothing like a little snow to tidy up the yard and add a bit of curb appeal. Can be a great equalizer.
Good Morning Larry, "tidy up the yard and ad a bit of curb appeal?" I've never thought it of it that way. Here in Virginia any amount of snow even a dusting can cause a total shut down. ( Stop laughing!) However, being so close to Washington DC and all that could or could not happen this year as well as the relocating people who get their orders soon. All need homes to buy and rent. Over the years December has been a very good month for closings. Everyone wants to sell in the current tax year.
Peggy, It always amazes me how many homes I close in November and December. Good luck with the great looking listing!
Peter,I agree.
However the house in the photo is mine. That said I am listing the one across the street and it is beautiful someone can actually move in before Thanksgiving!
Lucas- your welcome. With the rates being so low, and many homeowners not able to refinance. Some are just saying, fine we will just sell, move on with life and find another house at today's low rates. Isn't that something, people opt to move because banks will not refi their current loans. For some sellers, breaking even is enough. For other they just want to relocate and buy another home in a warmer climate such as your neck of the woods in Ft. Lauderdale and Miami. I just helped homeowners with a referral to Tampa Flordia.
Regardless. Where I work everyday and the types of homes I list means there is a new move-up home for someone who is ready to buy their next home.