va march 23: 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)
va march 23: 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)
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.
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