I've been sitting on the front seat of this roller coaster. If this was a war, I would be on the front line. I'm a realtor. I witnessed the foreclosures flood the market place, driving home values to record lows. I saw the peak in 2009 with the help of the Federal Homebuyers Tax Credit.  I now see the winter settling in.

Homebuyers cooled down once the news was released that an extension was placed on the Tax Credit deadline to April 30, 2010. Buyers now have their minds on Thanksgiving Turkey and Christmas.  I predict the market to be as hot as a firecracker in late February. The closing deadline on first time homebuyers and new 5 year previous owners will create a panic to purchase that perfect home.

My advice is simple. Don't wait. Keep looking now. Competition has dropped. Get an aggressive agent that will engage your transaction in a moment's notice. Sell your stock. Buy real estate. My company, Fredericksburg Homes, is a full service real estate agency based in Fredericksburg, VA. I specialize in residential, commercial, investment properties and nationwide relocation.

Tom Smith, Licensed Realtor
Century 21 Adventure, Inc.
Fredericksburg, VA. 22535
540-735-2266
tsmithc21@gmail.com
Fredericksburg Homes for Sale

 

Is End Near for Homebuyer Tax Credit?
08/30/2009
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The current homebuyer tax credit expires on December 01, 2009. Those wanting to participate in this program need a settlement statement or HUD 1 and need to close their real estate transaction prior to December 01, 2009. This means if you… more
Changing Markets
03/06/2009
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In our real estate business, it seems like there are two real estate markets. The first real estate market is the "distressed" market - foreclosed homes, REOs and homes being sold under a lender short sale. The second real estate market is the… more
Let's Bring Back "Made In America"!
02/06/2009
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We are seeing really tough times in today's market. There are bail outs now for Wall Street, banks, auto companies, and many others waiting in line. Our industry and factories are going out of business. Many good people are being laid off by the… more
PORTOBAGO BAY "AREA'S BEST KEPT SECRET"
02/01/2009
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Portobago Bay was named after the Portobago Indian Tribe, whom once used this beautiful land as home. Captain John Smith described passing vast indian settlements on his famous discovery of Virginia. He passed right by this beautiful area situated… more
Buy or Wait
02/01/2009
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I'm currently working with investors. I work as a Realtor for Century 21 Adventure, Inc. My market is in Fredericksburg, VA. It seems that most of my clients have decided to wait to purchase, thinking home prices will decrease another 20%. My… more
 
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Tom Smith

Fredericksburg, VA

More about me…

Century 21 Adventure, Inc.

Address: 10601 Courthouse Rd, Fredericksburg, VA, 22407

Office Phone: (540) 735-2266

Cell Phone: (804) 513-9179

Email Me



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