luxury home market: Fall Typically Brings Falling Leaves. But That's Not The Only Thing That's Falling....
- 10/01/11 01:12 AM
Local loan officer Markita Aldridge Woods of WestStar Mortgage here in Lake Ridge Virginia breaks down all the changes in the mortgage arena as we head into fall. FHA Loan limits ( the amount you can borrow with low down payment) has fallen from $729,750 to $625,000!
This is going to impact our Luxury Home Market here in Prince William County Virginia. If you are facing a job transfer or you have an upcoming move on the horizon. Give me a call 703-851-3085. Let's talk about your options.
Government loan changes effective October 1st, will bring some tricks and some treats … (2 comments)
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luxury home market: 83% Of Resale Single Family Homes Sold In 22192 This Year Have Been Healthy Sales!
- 09/01/11 01:23 AM
I don't know about you, however I am tired of hearing bad news about the real estate market. So I did a little research for you this morning. Did my blog title surprise you? Well let me break the numbers down for you. The information below is taken directly from the MRIS database that Realtors use daily to help formulate a value when you are buying or selling a home in the 22192 zip code area.
Currently today September 1st, 2011:
In the 22192 Zip Code area their are 77 Resale Single Family Homes Active For Sale.
The … (4 comments)
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luxury home market: If Sellers Will Not Take a Contingent Contract, How Can I Buy The Home I Want?
- 06/05/11 02:10 AM
Question: "If Sellers Will Not Take a Contingent Contract, How Can I Buy The Home I Want?"
Dear Mr. Move-Up,
This is a question I get all the time. Homeowners like yourselves who have been bitten by the new home bug, know you can afford a larger home,and you know you need a larger home. The question is how can I accomplish this task?
Now that you are ready to start looking. You are hearing from builders,co-workers,local loan officers that very few sellers and new home builders are willing to accept contingent contracts.
Your frustration is noted. And you ask again … (0 comments)
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luxury home market: The Top Ten Reasons To List With Erick and Company When Selling Your Home in Lake Ridge Virginia
- 01/22/11 01:04 AM
When you call a Realtor® to list your home, it is important to ask them what are the Top Ten Reasons you should list with them.
When I am asked that question this is what I share with homeowners about the Erick and Company team.
We work Full Time and we are in the trenches of the market 24/7. Listen to Erick's Market Update We are Experienced Local Realtors® that are Tech Savvy .We use the latest technology to help you get your home sold.We use Text, iPhones and Video to communicate with home buyers here and relocating to the area. We are … (3 comments)
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luxury home market: Have You Ever Dreamed of Owning a Home On The Water? A Place Where You Can Dock Your Boat.
- 01/06/11 09:56 PM
Then your heart is going to begin to skip a few beats faster beginning startinig right now!
"This is a boaters dream home."
Are you ready?
Could you live with this view everyday?
What if I told you this home was right here in Eastern Prince William County Virginia?
Now lets talk features and benefits:
The Benefit of Beautiful Views and easy access to I-95! Located near Quantico Marine Base Boat Dock and Lift (room for three boats!) Navigable Water-Head to Old Towne Alexandria, National Harbor-no problem. Gorgeous Open Concept Home filled With Natural Light The home features bedrooms on every level … (2 comments)
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luxury home market: Working as a Buyers Agent For High End Buyers I Get To See The Best Homes In Prince William County Virginia!
- 11/05/10 05:04 AM
Again the other day, I was out house hunting with purchasers looking for a luxury home here in Prince William County VA. This is the best part about being a Realtor who works the higher end market. it is very rare that I run into homes in bad condition in this price range. Occasionally, we will run into a short sale home that has been stripped of light fixtures and appliances, however that is as bad as it gets.
Most of the time, Im working in communities such asLake Manassas, Cannon Bluff Estates, Featherstone Shores, River Falls and River Falls on The Occoquan, Meadowbrook Woods and … (5 comments)
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luxury home market: It Happens Daily, In The Grocery Store, In The Doctor's Office Or Walking Through Marshall's...
- 10/20/10 12:56 PM
Everywhere I go, people always ask me, "Peggy how's the real estate market doing?".
How's The Market?
When in reality you know just as well as I do, when someone asks that question what they really want to know is:
How's the real estate market in my area How's the real estate market in my town How's the real estate market in my subdivision How's the real estate market on my street and the bottom line... How's the real estate market for a home like mine? Am I correct? Well you can rest easy. You can have the answers to … (0 comments)
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luxury home market: When I Suggest Dale City Virginia ..."Why Do Home Buyers Cringe and Immediately Say I'm Not Interested?"
- 10/01/10 12:30 AM
I listen intently to their reasoning and then we move on and we begin to search for homes and area's that they have their hearts set on. However, I always listen to what they are hoping to find. It as this point in the buying process, that I truly believe the purchaser may not be saying" NO", as much as they may be saying" I don't Know." ( They do not know enough to make an informed decision).
Dale City Virginia is not only a place,the postal service recognizes it ,as an entire zip code area. That zip code is 22193. So when you are searching on FranklyMLS.com or … (2 comments)
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luxury home market: Peggy- "Where are all the homes under 10 years old in Lake Ridge, Virginia?"
- 09/17/10 12:53 AM
Yesterday I was assisting a home buyer who has set their sites on Lake Ridge Virginia as the place they want to buy a home, raise their family and build their lives for the next ten years or so. They have been receiving automatic alerts for all the homes coming on the market in the Lake Ridge, Old Bridge Estates, Crestridge and Westridge homes.
Out of pure frustration yesterday, on a conference call they both said...
"Gosh where are all the newer homes in Lake Ridge, Virginia?"
We have our hearts set on a home with a big kitchen and sun-room across … (3 comments)
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luxury home market: Crestridge Home "Just Reduced to $524,900" in Lake Ridge Virginia
- 09/08/10 06:05 AM
Every once in awhile as a Buyers Agent I run across a home where you can tell there is a very motivated seller. Such is the case with 11732 Crest Maple Drive, Lake Ridge Virginia.
I showed the home the other day, and it was lovely. Very well kept, immaculate inside, beautiful cul-de-sac lot, high ceiling, spacious center island kitchen, luxury master bath, full finished walkout basement. This one is a show stopper!
Today,I was giving feedback to the listing agent Linda Welch of Re/Max Allegiance. She said, Peggy we have dropped the price again, and the seller … (1 comments)
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luxury home market: Totally Neutral Luxury Home "Just Listed" In Westridge Subdivision in Lake Ridge Virginia.
- 08/29/10 07:09 AM
A new listing just came on the market in one of the most sought after communities in Lake Ridge Virginia known as Westridge Subdivision. The interesting thing about this home is the size. It is one of the largest homes built in Westridge. It is the Surrey Model built by Long Homes. It features over 3540 finished square feet on the first two levels. You will immediately feel you have room for everything you own and then some.
This home is owned by a local Realtor. Now one thing for sure, when a Realtor puts their private home on the market, chances are.... it is going to show … (4 comments)
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luxury home market: Finally Being A Doctor Pays Off....
- 08/11/10 12:08 AM
Local Doctors will be pleased to learn that Bank of America is take a risk on you.I received an interesting email today from Jason Kilgo a local loan officer I know here in Woodbridge Virginia. Jason wanted me and you to know that the
The Doctor Loan Program is back!!!!! ONLY 5% DOWNPAYMENTNO PMI 720 Minimum credit score To get preapproved simply fill out this form
Jason KilgoMortgage Loan OfficerOffice: (540) 736-0212Mobile: (540) 834-6149Fax: (540) 736-0244Contact Me
Jason often visits our Exit 1st Choice Realty office in the Woodbridge Virginia area. Our office is less than a mile from Potomac Hospital and all of the professional … (7 comments)
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luxury home market: Eastern Prince William County Virginia Offers Some Amazing Acreage Communities..
- 07/21/10 08:01 AM
When relocating to the Northern Virginia area, many people say they want to be close to DC. That can be for commuting reasons and/or for social reasons. However it doesn't take long to figure out if you are looking for a home with a little land your going to have to head South or West of the beltway around Washington DC to get it.
Over the years we have always made a practice to sit down with relocating buyers and show them the big map on the wall in our office to help them get a feel for where they are, and where thier $ will … (2 comments)
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luxury home market: Learn How The High End Luxury Home Market Is Holding Up In Prince William County Virginia
- 07/14/10 04:26 AM
Over the past few weeks I have been working with several high end buyers searching for homes in the Prince William County, Virginia area. With that in mind, I thought you might like to learn how the current Prince William County, Virginia luxury home market is holding up in the first half of 2010.
A quick snapshot shows that there are currently 142 resale luxury homes actively being marketed For Sale in the Prince William County, Virginia MLS area. Of the 142 listings, there are only 10 short sales and 2 bank owned property. Does that surprise you?
The luxury market in our area … (2 comments)
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luxury home market: Some Great Townhome Buys In Woodbridge Virginia Heading Into July!
- 06/25/10 02:16 PM
Are you looking for a luxury townhome in the Woodbridge Virginia area? Well, there are so many wonderful homes opportunities waiting to be snapped up by you if you know where to look! Luxury Townhomes in the Woodbridge, Lake Ridge, Montclair and the Dumfries Virginia area can be priced anywhere from $225,000 on up to $300,000 depending on what you are looking for.
The first thing to consider when buying a townhome is what features do you want? What's important to you?
Ask yourself:
Do you want to live in a sub-division with a pool and tennis courts or not? Some communities in the area's where we … (2 comments)
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luxury home market: High End Home Inventory In Woodbridge Virginia Is In Short Supply...
- 06/11/10 02:22 AM
Currently high end home inventory is running low in the Woodbridge Area of Prince William County, Virginia. I have been working with two couples who are looking for a new place to call home. Unfortunately neither couple can wait for a new home to be built. And they have discounted most of the homes currently for sale for one reason or another.( see map below)
None have had that "this is the one!" feeling. With that said, if you are thinking of selling your high end home in the Woodbridge, Lake Ridge area, let me know. We have pre-approved purchases waiting. One family is looking … (5 comments)
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luxury home market: Would It Surprise You To Learn That Homes Over $500,000 Are Selling In And Around Lake Ridge Virginia?
- 04/22/10 12:45 AM
Today I was preparing a few market snapshots for homeowners who have contacted me about the value of their homes located in the Westridge Subdivision and another off Davis Ford Rd area in Woodbridge Virginia. While doing that it occured that some homeowners still think the market is horrible and there is no money for high end homes. Well, that is historical information! Back in 2008 and early 2009 very few homes sold or even came on the market. Money was scarce.
However money has opened up, people are relocating and we appear to be in a somewhat normal spring market. … (3 comments)
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luxury home market: Woodbridge Virginia Real Estate Market- Suffering From Lack Of Resale Inventory Heading Into Spring Market!
- 01/07/10 11:28 PM
I've got a secret for any homeowner in the Woodbridge Virginia area who is reading this...
Prince William County Virginia is heading into a raging sellers market come spring. We need inventory to sell! Buyers are growing frustrated from the lack of inventory. I had two call yesterday saying " how come there are not very many houses for sale right now? My answer everything is Under Conract. So my advice if you are thinkng of buying a home. Get preapproved now and be ready to jump in the car when a home comes on the market that you like.
… (6 comments)
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luxury home market: For Sale: House With Three Stall Barn In Seven Lakes Subdivision in Stafford Virginia
- 12/22/09 10:01 PM
Have You Ever Dreamed Of Owning A Home With A Barn? A place where you can keep your horses on your own lot, a place with a paddock two pastures for grazing? I see a lot of homes every month, however it is not very often that I see a home that hands down surpasses all others in it's price range!
25 Ruffian Drive,Stafford Virginia 22556
Is that property!
I asked Joy Doyle of Realty World the listing agent for this home, if I could share this property with my readers just in case you or someone you know may be looking for a home … (0 comments)
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luxury home market: Woodbridge Virginia Market Snapshot For The 22192 Zip Code Area. Homes Are Selling Fast This Winter!
- 12/05/09 10:51 PM
As we head into winter many homeowners think it is a horrible time try to sell your home in the Lake Ridge, Woodbridge, Virginia Area. Most think they should just wait until spring. Nothing could be further from the truth this year. "The Winter Advantage is fast at work and high end homes are selling quickly."
The Winter Advantage is when you take advantage of the slower time of year and the low inventory and use it to your advantage! While most folks settle in for a long winter dreaming of spring and getting the house ready to sell, you'll be smiling all the … (0 comments)
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Local loan officer Markita Aldridge Woods of WestStar Mortgage here in Lake Ridge Virginia breaks down all the changes in the mortgage arena as we head into fall. FHA Loan limits ( the amount you can borrow with low down payment) has fallen from $729,750 to $625,000!
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