Wednesday, April 6, 2011

We Need Sellers!

We need sellers!  It's true.  Inventory levels are very low right now in our area. 

Check out this article in the Washington Examiner talking about what a hot market the DC Metro area is!  It's true that sellers are now seeing multiple offers on competitive priced homes in good condition.  The charts below show the inventory levels (in grey) for Fairfax and Loudoun Counties.  The green line indicates the absorbtion level (note it is higher than the inventory level).  Basically, it means good listings are selling like hot cakes!

If you own property in Fairfax County or Loudoun County, or anywhere in Northern Virginia, this may be the time to try to sell.  The "stars may be aligning".  Call me today for a personal consultation.

If you're looking for a sneak peak showing you what nearby homes are selling for, check out this automated tool:  You do have to enter a good email address - the report takes a few minutes and is emailed to you after your request goes through... that is because it is tailored to the information you submit.  It's a pretty good tool, of course a human produced comparable market analysis is better... but if you're looking for an automated tool this one is pretty good.  (Oh, and no worries - you never get bulk email from submitting your email there. Promise.)

Vicky Chrisner

 Other posts that may be of interest to sellers:

1 - Preparing your home for the market
2 - Dear Sellers, I am confused (the importance of property condition)
3 - Showing Feedback
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