The month of March 2010 is just about over.  About mid-April home sales statistics for March will be posted by the Metropolitan Regional Information Systems (MRIS) and the results will be promulgated worldwide via the Internet.  Statistics will be generated and depending on which "spin" you want, it would have been a good or a bad month for real estate sales.

All of us are asked, at least 100 times a month, "How is the real estate market?"  My standard response was always "Unbelievable" (whatever that means).

Sometimes it is better to show statistics that others fail to present to make a point.

On a whim, early this month, I searched the MLS to find out how many homes had sold in my primary market (the city of Fredericksburg, VA; Spotsylvania County, VA; Stafford County, VA; King George County, VA; and Caroline County, VA.

A total of 210 homes were sold in our region during February 2010.  Of that number 43 were labeled as short sales/potential short sales and 79 showed as being foreclosures.  The total of "distressed sales" comes to 122.

Being the mathematical genius that I am (NOT) I figured that distressed sales accounted for 58% of the February sales.

What kind of spin can one put on that?

What should be my answer be when someone asks "How is the real estate market in Fredericksburg Virginia?"

 

How Do They Get Away With It?
03/17/2010
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About a week ago I had to replace four tires on my Toyota Camry Hybrid. I had noticed a strange feeling in my steering and brought it to a store where I have purchased tires for another car. After spending $140 on the first tire and seeing little… more
Fredericksburg VA Real Estate
02/01/2010
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As written in my last post, I started up (actively) my own real estate company in Fredericksburg VA. Fredericksburg Realty Inc became a player in the Fredericksburg Virginia real estate market. Now that I look back on our track record since… more
There's A New Kid in Town
10/21/2009
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On the first of October 2009 a new face appeared on the real estate horizon of Historic Fredericksburg Virginia. Fredericksburg Realty is in business. The company was founded and operated by yours truly. Another ActiveRain blogger, Dawn DeGroff,… more
Turn Back the Pages of Time
07/29/2008
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OK, the housing market in the USA is in a major hurt. OK, sales prices continue to spiral down. OK, the government is stepping in to assist homeowners who are staring foreclosure in the eye. OK, new home starts are down. The decline of the market… more
A Momentous Occasion
05/27/2008
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On June 9th, 2008 my wife and I will celebrate our Fiftieth Wedding Anniversary. We married in Corning NY the day after I graduated from Alfred University in Alfred New York. My wife Carol was attending nursing school at Alfred and was studying at… more
Homes For Sale in Fredericksburg VA - The "Spin" on Real Estate
05/15/2008
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Earlier in the week I was asked to attend a meeting at the Fredericksburg Area Association of Realtors® conference room. Was told that a group was meeting to discuss a blogsite for the Association. Apparently, there were some that thought that… more
Sometimes You Need To Step Back For Awhile
05/01/2008
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Last Sunday evening I departed Fredericksburg VA for a meeting of the CyberProfessionals which was to be held in Pittsburgh PA. For the first time in a long time I was not driving. I had a wonderful chauffeur; fellow ActiveRainer Jim Crawford… more
Christmas in Fredericksburg VA
12/16/2007
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Am sure that many of you have seen the programs running on TV recently where some homes had beautiful (and very costly) Christmas decorations in their yards. As a matter of fact some would probably not define there yards as yards! Well, the other… more
"But I thought I got the kitchen sink! "
12/08/2007
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Lately, I have been looking at tons of videos added to real estate listings around the country. Some are really impressive and look like they were done by professional videographers (and some were) while others look like the ones I have done (and… more
 
Ed-2007

Ed DeChristopher, CRS©,Fredericksburg VA

Fredericksburg, VA

More about me…

Fredericksburg Realty, Inc.

Address: 910 Princess Anne St, Suite 211, Fredericksburg, VA, 22401

Office Phone: (540) 368-3900

Cell Phone: (540) 295-3515

Email Me

Musings about historic Fredericksburg Virginia in general with specific focus on homes for sale in Fredericksburg Virginia and the local real estate market. <!-- Start of StatCounter Code -->


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