Not All Listings Sell - 05/25/07 07:58 PM
This train of thought started as I was talking with a friend in the real estate business and she said she's telling her clients that many of the houses currently on the market will not sell, period. I was taken aback by this. Not because she said something inaccurate. In fact, she's certainly correct. I just hadn't thought to put it as starkly as she did.
Then I got some data from my broker showing that only one in five homes is selling, period. Not that the other four take longer to sell. Not that they go on to sell with another … (0 comments)

Buyer's Guarantee - 05/13/07 07:09 AM
Since fear seems to be the driving force behind the lack of buyers in our market right now, I'm going to do what I can to change that! And I do know that one agent can't change a market! But I may make a difference for some buyers and, hopefully, for my sellers!
Starting today I am offering a guarantee to any buyer who buys any property with me as their agent, or to any buyer who buys any of my listings (regardless of their agent). I guarantee that if you own the property at least one year, and list with me … (4 comments)

April Market Conditions in Virginia Piedmont - 05/12/07 08:37 AM
The April numbers are out and they're not pretty! Here's a snap shot for the local five county area.
APRIL MARKET STATISTICS
 
These numbers by themselves don't reveal the entire story. The really bad news here is that inventory jumped substantially, across the board. In every jurisdiction we're very near our all time high for inventory. New contracts and solds revealed very little improvement. In fact, in Culpeper County solds dropped pretty dramatically. And year over year numbers look pretty dismal.
Sorry sellers, but there is absolutely no good news to be found here. I'll say it again. (And I know I sound … (2 comments)

Heroes or Dogs - 05/10/07 03:13 PM
I was speaking to another agent this week about the market and the conversation turned to the emotional satisfaction with what we do for a living. We both admitted that right now, in this market, there's much less emotional satisfaction than in years past. By and large, all of us are delivering a lot more bad news than good news these days. Many of us form emotional attachments to our clients. And, clearly, some of them are in trouble.
Don't get me wrong. This is not a pity party! And I know that compared to those clients who are really losing … (0 comments)

Lake Whippoorwill Subdivision Market Conditions - 05/05/07 03:33 PM
Lake Whippoorwill subdivision is located in Fauquier county on the DC side of Warrenton. There are approximately 130 homes here, almost entirely made up of colonials on large lots.
There are currently six homes for sale here. The prices range from $499,900 to $599,900. Actually, four of the six are listed for $599,900! The most recent listing has been for sale for 12 days. The longest any of these have been on the market is 323 days.
Eight homes have sold here in the last year. For those of you who have been following the subdivision market reports here, you'll notice this makes … (0 comments)

 

Julie Emery

Warrenton, VA

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Century 21 New Millennium

Address: 5451 Old Alexandria Tpke, Warrenton, VA, 20187

Office Phone: (800) 851-1563

Cell Phone: (540) 270-2742

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