Northern Neck Real Estate

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

Thursday, February 21, 2008

Long Time No Post...

Not a whole lot going on in the world of real estate at the moment. I think all this sub-prime mortgage mess has folks a little off kilter. However there are deals to be had. Forclosures are not a real big problem here in the Northern Neck but people still need to buy and sell homes and land for various reasons. Sellers have realized that we are in a full swing buyers market now (well, most sellers anyway) so that as brought prices down slightly. Listing prices are still about the same but SALE prices are a much lower percentage of list price than they used to be. Bottom line. If you are looking to buy now is still a very good time. If you are looking to sell, wait until things pick up or realize that your house may be on the market for a long time.

Good luck and as always if I can help you an anyway just contact me.

Allen

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