SPOTSYLVANIA COUNTY REAL ESTATE MARKET STATISTICS – JULY 2010

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It Was Not a Great Month!

I thought it might be a good idea to let you see the July 2010 real estate market statistics for Spotsylvania County.  Bear in mind that the statistics for the Fredericksburg area (City of Fredericksburg, Spotsylvania County, Stafford County, King George County, and Caroline County) were not something to rave about.

Selling a home in Spotsylvania county right now could be a problem.  Reason being that there are so many short sales and foreclosures that have sold for less than true market value.  My advice to many people to whom I have sold a home, is to wait out this market before placing their homes on the market.  I really believe that time will heal this deflated market but the question remains when?  Homes for sale in Spotsylvania County are many.  Unfortunately, not many are “arms length” transactions.

If you need to contact us call (540) 368-3900 or email us FBurgRealty@gmail.com

Click Here For The Report

THERE’S A NEW GUY IN TOWN

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A GREAT WAY TO LOOK AT THE FREDERICKSBURG REAL ESTATE MARKET

The Fredericksburg Areas Association of Realtors (FAAR) uses the Metropolitan Regional Information Services (MRIS) as our multiple listing service (MLS).

One of the services recently added for our members is RBI (Real Estate Business Information) data concerning the real estate market for several areas in our coverage area.  The reports I use deal with information about home sales in the Fredericksburg area; this includes homes for sale in Fredericksburg, Stafford County, Spotsylvania County, King George County, Rappahannock County, Madison County, Orange County, Culpeper County, and Caroline County.