My Real Estate Blog

December 13th, 2008 9:52 AM
Well, the rates have definitely come down and hopefully that will spark some real buyers and not investors. They are hovering at 5% which is fantastic. This week in Oak Hill/Herndon, we have a total of 69 homes - same as last week almost. Four new homes were listed and one of those was a relist but no foreclosures or short sales this week. We had 3 homes receive a contract. When you dig into the specifics, two were foreclosures and one was a normal seller sold home - so we are still limping along and I would assume at this point - nothing will happen to improve the numbers till January. I hope that buyers will get out there and take advantage of the rates. They are some of the lowest rates that I have seen in my 17 year career in real estate. We need to help the economy get back on its feet.
Posted by Angela Mitchell on December 13th, 2008 9:52 AMPost a Comment (0)

Subscribe to this blog
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Top in Sales in Northern Virginia!!

Phone: Cell: Fax:

Setting the Sales Price | Free Home Valuation | Angela Mitchell | Client Feedback | Coming Soon Homes | My Sold Listings | Neighborhoods-Community Information | Utilities and Other Links | Search Va Homes | Selling Your Home | Home | Mortgage Saving Tips | ARM vs Fixed Rate Calc | Request Industry Info | Staging Your Home | Buying Foreclosures/REO's | Plumbing and Fixtures | Selling One, Buying Another | OakHill Market Update Blog

Copyright © 2012 Angela Mitchell Sells Northern Virginia
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.