10961 Meanderview Court Manassas VALast night the owners of the home I recently listed in Herons Bend reviewed 4 offers which came in over a 72 hour period.  This home wasn't the most expensive home on the market in Prince William County but priced at an even $500,000 it also wasn't the cheapest.  This is the second home I've put on the market in the last few weeks that had multiple offers quickly.

What does that mean for a buyer?  As the agent who called me this morning said "he who hesitates may lose out."  Now this doesn't mean throw caution to the wind and do something foolish.  However it does mean if you see a home that is what you are looking for you need to be ready to make a decision.  Sellers are more cautious now and are looking for solid buyers who have done more than fill out an application on the internet.  Sure that means more work for you but the payoff could be a ratified contract on the home you want in a competitive situation.

If you are looking for homes in Prince William County or anywhere in Northern Virginia don't be fooled by the national news.  Our inventory is not languishing.  Sales in our area are among the strongest in the country.  If a home is priced right and in good condition it probably won't be around for long.  If you are considering buying a new home give Cindy Jones and CJ Realty Group a call at 703-346-2213.  Let us show you how to be ready to make an offer when the home of your dream comes on the market.

                No Hassle-No Pressure-Just Straight Talk About The Northern Virginia Real Estate Market

If you are interested in learning more about the Northern Virginia Real Estate market including Alexandria, Arlington, Fairfax and Prince William Counties give Cindy Jones and CJ Realty Group, Inc a call at 703-346-2213. 

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12 Comments on Northern Virginia Buyers-Multiple Offers Are Real In All Price Ranges

FEB
18
2011
738,077 Points 231 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Cindy... I think this statement of yours says it all.. {"What does that mean for a buyer?  As the agent who called me this morning said "he who hesitates may lose out."  Now this doesn't mean throw caution to the wind and do something foolish.  However it does mean if you see a home that is what you are looking for you need to be ready to make a decision."}  Overall, good luck with this house, but it sounds like it will be gone very soon. 

jeff belonger
10:12am • #1
932,205 Points 73 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

This is a good reminder that perception is not always reality, especially in real estate.  Some areas of the country are doing quite well, glad to hear yours is one of them Cindy.  Like Jeff, I suspect this home will be sold quickly...best wishes.
10:31am • #2
532,055 Points 45 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Get off the fence!!! I can't say it loud enough, and hey if they want to make a foolish impulse buy...I'm there only kidding, only kidding
10:49am • #3
1,515,462 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

I'm finding more multiple offer situations in the single family home market, where last Spring we didn't have that.  And the townhouses in our County are still in demand, so in general, this is a great time for a Seller to sell.  Hard for a hesitant buyer to buy, though. 
12:52pm • #4
1,095,593 Points 93 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Cindy,

Working with the buyer right now who just learned that the hard way. Decent houses are moving quickly, market is changed.

Rich
4:26pm • #5
1,522,209 Points 162 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Jeff-it is under contract!  Still had a couple of calls today from agents who had printed out the MLS sheet prior to last night.  Snooze...gone!
7:22pm • #6
1,522,209 Points 162 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Anita-we see multiple offers on a number of properties.  I've been on builders sites this week and inventory is moving in new construction as well.
7:22pm • #7
1,522,209 Points 162 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Gerry-I don't think we see to much impulse buying but it also isn't the time to spend weeks thinking a home may still be there.
7:23pm • #8
1,522,209 Points 162 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Chris Ann-we do see a lot of inventory moving.  And the homes I've toured that aren't...there is a reason they aren't garnering offers.
7:24pm • #9
1,522,209 Points 162 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Rich-with low interest rates and low prices buyers who have been on the fence over the winter are starting to make their moves.
7:25pm • #10
FEB
21
2011
1,341,752 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Isn't it wonderful to be getting multiple offers again> We are seeing that down here in Florida as well!
8:35am • #11
FEB
23
2011
1,522,209 Points 162 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Barbara Jo-my last two listings have both had 4 or more offers. 
7:49am • #12

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Cindy Jones-Northern Virginia Real Estate & Military Relocation Services

Woodbridge, VA

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