Northern Neck Real Estate

Come see what the Real Estate market is doing in one of Virginia's most beautiful regions.

Monday, August 28, 2006

More on the slow down

I hope everyone got to get out and do some of the things on my list this summer. School is getting ready to start up agian and that means fall is just around the corner.

Hopefully with gas prices comming back down into Earth's atmosphere things will pick up a bit. It's been a hot summer here on the Northern Neck, with several days reaching triple digit tempatures and upwards of 90% humidity. Days on the or should I say "in" the water were a sought after commodity these past few months. I am not sure what to make of this slow down. It could be the gas prices and heat, it could be rising interest rates, or it could be just that the market is returning to its normal self, something that we havn't see in the last 4 years. Whatever it is things in the area are slow but still ticking along. There is no particular price range that is doing better than any other. Sellers are having to come off of their asking price quite a bit now to make a sale.

Please feel free to leave a comment and let me know if this blog is helping anyone who is interested in the area.

Friday, August 25, 2006

a No-Go on the No-Neck

Just one word folks... SLOW!

Well summer is here but the buyers are not. Everywhere you look there are for sale signs but no one is buying. Even the lower priced starter homes are sitting on the market. So buyers know this... if you are serious about making a purchase in the Northern Neck now might be the time. There is a stall in the interest rate hike, and many sellers are having to come off of their asking price quite a bit if they want to sell, and there is plenty to choose from. You could probably line up all the real estate signs and I'll bet they would stretch across the Ches. Bay.

Ok sorry, but I have to do a little shameless self promotion here. Take a look at the link below.