mris: Fredericksburg Virginia Real Estate Sales
- 03/28/10 10:35 PM
The month of March 2010 is just about over. About mid-April home sales statistics for March will be posted by the Metropolitan Regional Information Systems (MRIS) and the results will be promulgated worldwide via the Internet. Statistics will be generated and depending on which "spin" you want, it would have been a good or a bad month for real estate sales. All of us are asked, at least 100 times a month, "How is the real estate market?" My standard response was always "Unbelievable" (whatever that means). Sometimes it is better to show statistics that others fail to present to make … (4 comments)
mris: Fredericksburg VA Real Estate - The Spin Masters
- 11/09/07 11:05 PM
Several years ago, while listening to a radio program, the term spin master was used. Cannot believe, today, that I did not know the meaning. When I first heard it I asked a friend, who was in local radio, if she knew the meaning; her reply was that she had not. In my opinion spin masters make chicken salad out of chicken droppings. You hear them at work every time you listen to the news or read the newspaper. Yesterday I reviewed our local MLS (Multiple Listing Service), the Metropolitan Regional Information Systems (MRIS) statistics for the month of October. I was only … (8 comments)
mris: OK, So How's The Market This Month?
- 08/14/07 03:51 AM
You know it is great to have someone bright working with you! Homes for sale in the Fredericksburg VA area continue to languish on the market. The slowdown now is not unique to August. It is typical with people concentrating on getting the children back into school ("Hurray" shout all of you with school age children). My daughter, Dawn DeGroff, who works with me developed some information that I think is pretty interesting. There were 213 detached/single family homes sold in the City of Fredericksburg VA, Spotsylvania County VA, and Stafford County VA during the past 30 days (as of yesterday). 26% of them were … (3 comments)
mris: OK, So How's the Market Changed Over the Years
- 02/02/07 02:42 AM
Yes, Virginia, computers can do a lot to describe the real estate market. To begin with, I am not a mathematician. I know very little about statistics. I know even less about economics. Coming up with the data presented below is a result of my daughter's ability to use Excel and a multiple listing service that provides its members with too much statistical data. I thought that if I paid a dollar for a can of soup and sold it for three dollars I would make a 300% profit. Nope, it was a 200% profit. Shows how much I know. If you … (1 comments)
mris: "Flipping"
- 01/16/07 10:03 PM
Hopefully, "flipping" is a word familiar to most. At least I hope most know what I am going to write about here. And no, not flipping 'burgers! The end of the year, and the beginning of the new, finds many agents in our area (Fredericksburg Virginia) preparing paperwork to support their proof of the past year's production. There are some that use these numbers to validate their designations as top producers in their local associations. "Million Dollar Producers" they are called in some areas. Now that could be the subject of another blog. Wonder how much flipping we are going to see in the year … (4 comments)
mris: The Real Estate Market Is Always Slow This Time Of The Year
- 12/22/06 01:22 AM
Ever heard it said that the real estate market is always slow this time of the year? It there any truth to it? How do you determine if it is true? What are the signs you look for? Well, since we are not up to our ears in showing and listing property right now, we thought that we might like to examine whether or not our market (City of Fredericksburg, Spotsylvania County, Stafford County, King George County, and Caroline County) in Virginia is typical for the holiday season this year. Truthfully, we never knew whether or not it was always slow in November and December. We think we … (1 comments)
mris: Homes For Sale in Fredericksburg Virginia
- 08/13/06 11:16 PM
Homeowners in the Fredericksburg Virginia area can expect to see their homes take more time to sell than they did in 2005. Recent report (July 2006) from the Metropolitan Regional Information System (MRIS) shows that homes in the Fredricksburg area (which includes Stafford County, Spotsylvania County, King George County, and Caroline County) took almost three times as long to sell than they did in 2005. The news really does not get any better (except for seeing a 1.56% increase in average sold price) in other categories either. The average sales price as a percentage of average list price went from 98.76% to 95.24%. The total … (0 comments)
Musings about historic Fredericksburg Virginia in general with specific focus on homes for sale in Fredericksburg Virginia and the local real estate market.
The month of March 2010 is just about over. About mid-April home sales statistics for March will be posted by the Metropolitan Regional Information Systems (MRIS) and the results will be promulgated worldwide via the Internet. Statistics will be generated and depending on which "spin" you want, it would have been a good or a bad month for real estate sales.
;)
;)
