Category Archives: NoVa Market Updates

Top 5 Home Sales in Prince William County Sept 2012

I’m frequently asked about the top selling homes (price) in Prince William County from curious neighbors and clients.  With over 348 square miles stretching from the Potomac River to the Bull Run Mountains the county offers a wide variety of neighborhoods.   A large percentage of the newer larger homes lie to the west in the […]

Foreclosure Update for Prince William County VA

It’s still a question hanging in the air.  Is there a shadow inventory of foreclosures being held by the banks?  Certainly the predictions (not mine) at the beginning of 2012 were that the market would be overwhelmed by this “shadow inventory” causing prices to fall once again in Prince William County VA. The latest statistics […]

The NOVA Real Estate Market-A Long Hot Summer

Northern Virginia Real Estate Market Update I realize it’s been a little quiet on the blog the last few weeks.  To be honest the hot weather market in Northern Virginia has me working overtime.  Not complaining at all. In the last few weeks we’ve closed the following properties: 525 Belmont Bay Drive Unit 303 (Belmont […]

Are Northern Virginia Buyers Fighting For Scraps At The Dinner Table?

Many of us in the real estate business in Northern Virginia have been talking about the lower inventory in our market this spring.  My recent waterfront condo listing in Belmont Bay resulted in 3 offers in a 24 hour time-frame and a lot of maneuvering for position at the table.   Talk with other agents […]

What’s Topped The Market in PWC So Far In 2012?

Unlike other areas of Northern Virginia where if you look at the Top 10 homes sales (by price) prices in Prince William County VA seem  comparatively cheap.   It’s also interesting to see the top sales so far in 2012 are grouped in the eastern part of Prince William County and in Woodbridge specifically. Seems hard […]

Active Listings Are Down But Check Out DOM

Market Update for Springfield VA Zip Code 22152 DOM is Realtor® speak for Days on Market. I’ll admit I’ve been slacking off from posts over the last month.  Mainly because the team is busy and also just came back from a Real Estate Technology Conference in Atlanta GA.  Started off this morning by taking look […]

Foreclosures Don’t Show Up On The Market Overnight

You’ve been driving around your favorite neighborhood in Springfield VA and see a piece of paper in the window that indicates the house in bank owned.   Unfortunately not every house you see with a sign in the window is available to view and in some cases it could be a long time before it is. […]

Should I Wait Till Spring to List my NoVa Home?

It’s winter, it’s cold and the thought of putting your home on the market when it gets dark before 5 PM seems daunting.  It’s a conversation that is repeated many times during the winter months with prospective home sellers in Northern Virginia.  Let’s just wait until the spring when there are more buyers looking for […]

Pending Sales Index on the Rise in NOVA?

Really…says who?  Actually it was the  National Association of Realtors® (NAR) pending home sales rose in October 2011.  Yes this is over 6 weeks ago but we are always off by about 30 days with reporting statistics in the MLS and across the nation. According to NAR  “The Pending Home Sales Index, a forward-looking indicator […]

The Occoquan River As You Rarely See It

Fortunately the Occoquan River is normally calm and a wonderful place for Prince William County residents to enjoy fishing and boating.  Right now residents need to be cautious and steer clear of the banks.  This is the way it looked this morning. This is a good time for anyone in Prince William County, Occoquan, Belmont […]