REAL ESTATE PRICES IN NORTHERN VIRGINIA ARE IMPROVING. LOWER PRICES MEAN MORE BUYERS. Telephone activity has improved in the past few weeks and appointment calls are definately up. We are also receiving more calls for Short Sale listing information, a sign of the times. We are also receiving more inquiries from home buyers interesting in looking at foreclosed properties for sale. Foreclosures and Short Sales can be a good buy. We see list prices for these properties at about 10 to 25 percent or more below other homes for sale.
NORTHERN VIRGINIA REAL ESTATE MARKET AS OF MARCH 24, 2008, 7:21 p.m.
County ACTIVE 3/24 PENDING DEEDED PROP. SOLD 2/07 SOLD 2/08 Alexandria 1,066 121 45,032 194 108 Arlington County 1,124 151 64,303 234 143 Fairfax County 8,372 1,111 368,470 1,100 711 King George County 298 32 12,994 25 16 Loudoun County 3,529 416 119,464 407 282 Prince William County 5,938 1,019 137,791 398 332 Stafford County 1,503 346 49,522 127 89
FORECLOSURE AND SHORT SALE LISTINGS FOR SALE in NORTHERN VIRGINIA
| Alexandria | 12 | 8 |
| Arlington County | 7 | 13 |
| Fairfax County | 348 | 248 |
| King George County | 1 | 3 |
| Loudoun County | 189 | 139 |
| Prince William County | 570 | 264 |
| Stafford County | 39 | 31 |
FORECLOSURE FOR SALE IN LEESBURG
Ask about the Homefinders FREE Home Warranty and Home Inspection REBATE.
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.
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