(Video Below) If you been out looking at properties or have been on my site to view listings, you have probably noticed that things have really changed in the Northern VA real estate market. About 80-90% of all homes that show as Active (for sale) actually have at least one offer on them or as many as 6+ in some cases. This is because most short sales show as Active in the MLS until the offer is ratified (accepted in writing) by the banks. With huge discounts in sales prices, rates at historic lows and first time home buyer tax credits, there has never been a better time to buy a home in Northern VA. Foreclosure too are flying off the selves like hot cakes. Take a look at an MLS search on my site.
Here's a brand new video that just came out within the last hour on NBC4 TV news that shows the market strength improving even in areas like the Woodbridge market. If you're serious about buying, it's a good idea to start sooner than later. Incredible...
Tuesday, April 7, 2009
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