2012: Oakdale Crossing, Winchester, VA - October 2012 Sales Report
- 11/01/12 02:25 AM
The Oakdale Crossing, Winchester, VA, did not see a great deal of activity during the month of October. There were no new listings brought online, and pending sales were 2 for the month. No sales were closed in October.
Oakdale Crossing has been a highly desirable subdivision on the east side of Winchester. The low number of properties in play in Oakdale Crossing may be a sign that the neighborhood has recovered or is recovering from the economic downturn of September 2008.
The neighborhood is near numerous major highways, shopping and schools. It has been a great place to … (6 comments)
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2012: Rusty Wallace to be Firefighter's Parade Marshal - Winchester, VA - May 4, 2012
- 05/02/12 08:13 AM
OK, NASCAR fans, you've got one more great reason to join in the fun of the 85th Shenandoah Apple Blossom Festival. Rusty Wallace will be the Firefighter's Parade marshal this Friday evening. How cool is that?
Wallace retired from racing in 2005, but he hasn't been far from the spotlight. In 2005, he joined the ESPN channel as a co-host of "NASCAR Angels" program. Who could offer better insights into the sport than someone who has racked up a lifetime of track wins.
His on track win tally reached 55 major wins by the time he retired. That netted the … (6 comments)
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2012: Real Estate Trends in Winchester, VA - April 21, 2012
- 04/20/12 11:18 PM
Real estate in Winchester, VA has only seen minor changes during the first three weeks of April. The trend for 2012 has been a decline in distressed properties and an increase in fair market properties. At the beginning of April, there were 582 available listings. Today, there are 580 available listings. That is a minor change, but it does hint at a slowing of the market.
Winchester has increased in foreclosures from 4 on April 1 to 7, three weeks later. That may seem like a small number, but it is a 43% increase in lender owned properties. Short sales in … (8 comments)
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2012: Available Homes in Winchester, VA - March 23, 2012
- 03/23/12 09:30 AM
Market reports aren't always exciting or sexy, but they do give you a great snapshot of what's happening in a specific area at a specific time. When the national news is giving buyers and sellers one view of the real estate market it can skewed very fast. The reality is that all real estate is local.
The available homes for sale in Winchester, VA are increasing. The current available listings total 563 at week three of March 2012. Each week in the month of March has seen a change. This week, inventory is up slightly, distressed properties dropped another 1.2% and … (11 comments)
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2012: Short Sales in Winchester, VA - March 23, 2012
- 03/23/12 08:45 AM
The short sale market in Winchester, VA is beginning to show signs of a slight decline. When the real estate market took a hit in the Fall of 2008, REOs exploded onto the scene as the prominent available listings. As the the market has shifted back and forth, REOs are declining and short sales are the primary distressed properties.
Now, short sales in Winchester, VA have declined slightly, but they still make up 10% of the overall available listings. Between Winchester City and Frederick County, VA, distressed properties make up 17% of overall available listings in this third week of … (2 comments)
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2012: Short Sales in Winchester, VA - March 10, 2012
- 03/10/12 03:31 AM
The short sale market in Winchester, VA is showing signs of change, but it's hard to tell if it's good change, bad change or just change. The current available listings stand at 544. Of that number, 51 are potential short sales. That's currently standing at 9.1% of total active listings. Foreclosures make up another 6.65%. That foreclosure number is a declining number since February 2012.
The low number of short sales may only be masking what has been going on in the past months. The short sales that are currently under contract make up 41% of all listings that are pending. … (3 comments)
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2012: Foreclosures in Winchester, VA - March 1, 2012
- 03/03/12 11:10 PM
There are currently 45 available foreclosures in Winchester, VA. The Winchester, VA area saw a large increase in foreclosed properties right after the September 2008 market collapse. There where three waves of foreclosures. The first wave to be hit were the people who were living paycheck to paycheck. They were just keeping up when the market collapsed. Many of this group lost a job, or one family member lost a job, and that was all it took to take them to the courthouse steps.
The second wave was predominately the investors who had scooped up properties just before the market shot up in … (9 comments)
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2012: Available Short Sales in Winchester, VA - March 1, 2012
- 03/03/12 10:13 PM
The current available short sales in Winchester, VA as of March 1, 2012, stand at 51. The combined foreclosures and short sales make up 18% of current available properties on the Winchester / Frederick County market. There are 548 total properties listed as available. Of that number, 96 are distressed properties.
That number may seem high, but just two weeks ago short sales and foreclosures made up 20% of the current available listings. The bargains are still out there, but if this a new trend the Winchester / Frederick County market may be showing signs of a slow, but steady recovery.
… (0 comments)
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2012: Available Short Sales in Winchester, VA - February 20, 2012
- 02/19/12 11:06 PM
Short sales in Winchester, VA have continued to maintain 9% of the city of Winchester and Frederick County. Both areas have stayed consistent in their number of active short sales for the month of February.
The total number of active listings in Frederick County, VA currently stands at 441. Of that number, 42 listings are short sales. Frederick County short sales range from a 5 bedroom / 4.5 bath home currently listed at $589433 to a 2 bedroom / 1 bath bungalow at $69,900. There is a short sale for any budget.
The city of Winchester, VA currently has 117 … (4 comments)
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2012: Buying a Foreclosure in Winchester, VA - February 2012
- 02/19/12 12:11 AM
If you're thinking about buying a foreclosure in Winchester, VA you need to be aware that the volume is shrinking. Local foreclosures, or bank owned properties, have fallen to 45 between Winchester and Frederick County. The bulk of foreclosures are in Frederick County, and of course the largest population in the area is also in Frederick County, VA.
Frederick County currently has 38 active foreclosures. The price range of those foreclosures has a wide variance. On the lower end, a foreclosure can be purchased $76,000. That property is going to be an 880 square foot townhouse in Banbury Terrace. Ironically, … (2 comments)
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2012: Foreclosures in Winchester, VA - February 11, 2012
- 02/11/12 08:08 AM
If you thought you missed a great deal on a foreclosure in Winchester, VA, you would be wrong. Recent improvements in the local market have not eliminated the overall presence of foreclosures. The Winchester /Frederick County area currently has 38 listed foreclosures.
Of that number, Winchester City holds 7 of those foreclosures, and Frederick County holds the remaining 31 foreclosure properties. Prices range from $74,900 - $359,900. The high and low end foreclosures are in the Frederick County area.
An interesting phenomenon is starting to appear in the local foreclosure market. These properties are starting to sit on the market … (16 comments)
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The Oakdale Crossing, Winchester, VA, did not see a great deal of activity during the month of October. There were no new listings brought online, and pending sales were 2 for the month. No sales were closed in October. 
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