Lately The Woodbridge Virginia Real Estate Market Has Begun To Feel More Balanced For Both Buyers And Sellers.

Real Estate Agent with EXIT Realty Associates 0225018862

What a difference a new year makes! Last year and the year before trying to sell your home was a miserable experience for both the homeowner and the Realtor. Values were way down, buyers were few and far between and loans programs were scarce. However a lot has changed for the better. Lately Real Estate is beginning to feel more like a normal balanced Real Estate Market. Something we haven't experienced in a long time.

I've been making some "Happy Calls" to homeowners!   It's about time  

For homeowners who have equity in their homes ( those who purchased before 2003)  things are looking up. Homes are selling, loans are being granted and real estate is moving again. Many homeowners are beginning to realize it is a very good time to sell and move-up to a larger home. Or possibly downsize or relocate. Things you could only dream about doing over the past three years are now possible. That move you want, that house you want are now within your grasp.

For example in the past 30 days:

  • Calling the owners of  4106 Cardinal Drive to share with them "Their Home Appraised for $400,000!" Was a delightful call. Even with several short sales nearby priced much less, I suggested the try $399,900 since their home was so nice. The great news is the VA Appraiser agreed! We'll be heading to settlement within a two weeks!
  • I was able to give the folks at 11543 HillMeade Lane the great news. When I listed the home,just half a block away there was a  foreclosure listing similar to theirs that was priced under $140,000. I suggested they list at $259,900. "Their Home Appraised for $260,000!"
  • The folks at 12496 Sulky Ct were able to pack up and move to Illinois because no only did we get their price, we negotiated away closing costs because of multiple offers! The home appraised at $330,000! That home settled already.
  • Thursday night I called the owner of 5155 Bobcat Ct, and told them the buyers accepted their counter! So their home went under contract in just 7 days!

In each of those examples above were in neighborhoods where short sale and foreclosure homes were all around. However I am a firm believer that as your Realtor it is my duty to try and get you the most the market will bare. Each of the homes above were in excellent condition and well maintained. We priced the homes right at market of just a tad below to generate interest. It worked! Each of these owners are thrilled with the outcome and all will be moving soon.

Here is  TFP: "Tip From Peg"

If you are a homeowner who is not fortunate enough to have equity in your home. Selling by short sale may be your answer. There is no shame in selling by short sale. We list them and sell them just like every other house. The only difference is, we need your mortgage company to approve your short sale. So whatever you do, don't sell yourself short just because you are selling by short sale!

Do you need help? Would you like to work with a positive person who will help you get your home sold.

Then give us a call. You don't just get me, Erick and Company is a family real estate team.

                              You Can Reach me direct at 703-851-3085 or  contact me by email . 

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's. Exit 1st Choice Logo

Posted by
 Peggy James
 My direct #:703-851-3085
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Twins Selling Real Estate EXIT Realty Associates 8998 C Lorton Station Blvd, Lorton Virginia 22079 Equal Housing Opportunity Call 703-851-3085

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Harry F. D'Elia
Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

It seems like your local place is becoming more balanced. Great news

Apr 12, 2010 12:52 AM #1
Peggy James
EXIT Realty Associates - Woodbridge, VA
Woodbridge Virginia Area Real Estate Specialist

Good Morning Harry- it is a refreshing shift from where the Prince William County Virginia real estate maket was in 2008 and 2009. I hope the trend continues!

Apr 12, 2010 01:07 AM #2
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Peggy James

Woodbridge Virginia Area Real Estate Specialist
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