August 2008- The Local Lake Ridge Virginia Real Estate Market Is Showing Signs Of Improvement
The good news is we gotten have several offers Ratified for buyers in the past week. The challenging news for many Buyers is, the market has heated up and we're running into multiple offer situations. Banks don't take escalation clauses, they only consider highest and best offers. So, if you've been waiting to time the market...It's TIME!
Reo ( Bank Listing) Agents are going crazy!
Let me show you what's happening:
I've just checked the 22192 area in the MRIS DATABASE. Here are the stats:
Right now Under Contract Waiting To Close There are:
47 Single Family Homes Under Contract
84 Townhomes Under Contract
3 Condo's Under Contract
Let me take that one more step further. Since June 1st, 2008: that's 2 1/2 months
90 Detached Homes have CLOSED CLICK HERE TO VIEW
19 Townhomes CLOSED CLICK HERE TO VIEW
0 Condo's CLOSED.
One More Step Further Currently This Is The Current Available Inventory:
100 Active Single Family Homes Available FOR SALE
187 Active Townhomes FOR SALE
40 Active Condo's FOR SALE
IF YOU'VE BEEN WAITING TO TIME THE MARKET-IT'S TIME!
Got a question? Just type out a comment I'll be right with you.....
Contact Peggy James or Erick Blackwelder of Erick and Company/Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's
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