Northern Virginia Real Estate Blog

Monday, 30 November 2009

Stone Ridge Market Watch 11/23/09-11/30/09

STONE RIDGE MARKET WATCH 11/24/09-11/30/09

Relevant Real Estate Information for the Stone Ridge Community.

INTRODUCTION

We had 2 homes come onto the market this week. Additionally we had 2 homes go under contract, and 0 homes that sold this week.

As of today (November 30, 2009 10:30am) there are 5 active homes in Stone Ridge, 23 homes that are under contract, and 2 homes that have sold in the last 30 days.

Here is the breakdown of all active listings in the MLS:

Townhomes- 5 Active

1 Short Sale, 1 Regular Sale, 1 New, 1 Rental, 1 Foreclosure

Single Family Homes- 0 active

NEW LISTINGS

According to the MLS, there are 2 new listings this week.

UNDER CONTRACT

According to the MLS, there are 6 Single Family Homes and 17 Townhomes under contract.

Single Family Homes:

Townhomes:

I will have the final numbers for these once they close.

SOLD

According to the MLS, 2 homes have sold in the last 30 days.

42057 Greenstone Drive: 4br/3.5ba (36 DOMP) New Home
Asking Price: $437,319
Sales Price: $437,409
Seller Subsidy: $0

41973 Ural Drive: 4bd/2ba (0 DOMP) New Home
Asking Price: $445,214
Sales Price: $445,214
Seller Subsidy: $0

EXPIRED or WITHDRAWN

There have been 5 listings that have been taken off of the market in the past 30 days.

LOOKING TO BUY BEFORE THE TAX CREDIT DEADLINE?

Please visit our website for useful information for first time home buyers!

Keep checking back each week for more insight to what is going on at Stone Ridge!

Disclaimer: Information was gathered from the MLS and is deemed reliable, but not guaranteed.

POSTED BY: Reynolds Team Realty AT 10:27 am | Permalink | E-mail this

Monday, 23 November 2009

Are there Any Foreclosure Deals Left?

Are There Any Foreclosure Deals Left?

For the eighth straight consecutive month, national foreclosure activity in the U.S. was dominated by a small set of states.
As reported by RealtyTrac.com, more than half of October's foreclosure-related activity came from just 4 states:
1. California
2. Florida
3. Illinois
4. Michigan
The remaining Top 10 states in terms of total foreclosure activity included Arizona, Georgia, Texas, Ohio, New Jersey, and Maryland.
Foreclosures are up 19 percent from last October, but a deeper look at the RealtyTrac report revealed two positive developments for the housing market.
1. Foreclosure activity is down 3 percent from last month
2. Foreclosures per Household decreased in 9 of the 10 most heavily concentrated states
Furthermore, Nevada's foreclosure pace is down 4% from last year. This is a big deal because Nevada has long led the nation in foreclosure-related activity. Until last month, Nevada's year-to-year foreclosure rate hadn't fallen in more than 4 years.

According to an industry trade group, distressed homes account for nearly one-third of home resale activity. Distressed homes range from foreclosures, foreclosure auctions and short sales, etc. We're seeing numerous short sale listings go to closing within 2-5 months now, and for great prices - call us anytime for more info. And if you know someone else who's upside down in the mortgage and needs help...tell them not to wait for their bank to decide their fate - Take Back Control! Call (703) 297-4251 today.

Thanks to Ken Byrne, Vice President for Residential Lending of First Savings Mortgage Corp (703-883-9582 ) for some of the content in this posting.

POSTED BY: Reynolds Team Realty, LLC AT 03:23 pm | Permalink | E-mail this

Monday, 23 November 2009

Stone Ridge Market Watch 11/16/09-11/23/09

STONE RIDGE MARKET WATCH 11/16/09-11/23/09

Relevant Real Estate Information for the Stone Ridge Community.

INTRODUCTION

We had 1 home come onto the market this week. Additionally, we had 8 homes go under contract, and 1 home that sold this week.

As of today (November 23, 2009 9:30am) there are 5 active homes in Stone Ridge, 21 homes that are under contract, and 4 homes that have sold in the last 30 days.

Here is the breakdown of all active listings in the MLS:

Townhomes- 4 active

2 Short Sales, 2 Regular Sales

Single Family Homes- 1 active

1 New Home

NEW LISTINGS

According to the MLS, there is 1 new listing this week.

UNDER CONTRACT

According to the MLS, there are 5 Single Family Homes and 16 Townhomes under contract.

Single Family Homes:

Townhomes:

I will have the final numbers for these once they close.

SOLD

We had 1 home sell this week:

41973 Ural Drive: 4bd/2ba (0 DOMP) New Home
Asking Price: $445,214
Sales Price: $445,214
Seller Subsidy: $0

According to the MLS, 4 homes have sold in the last 30 days.

24581 Serpentine Pl: 4bd/3.5ba (41 DOMP) Short Sale
Asking Price: $499,900
Sales Price: $499,900
Seller Subsidy: $10,000

42140 Black Hills Place: 4br/2.5ba (35 DOMP) Foreclosure
Asking Price: $449, 900
Sales Price: $470,000
Seller Subsidy: $0

42057 Greenstone Dr: 4br/3.5ba (36 DOMP) New Home
Asking Price: $437,319
Sales Price: $437,409
Seller Subsidy: $0

EXPIRED or WITHDRAWN

There have been 6 listings that have been taken off of the market in the past 30 days.

THE VALUE OF YOUR HOME

Do you want to know the value of your home? Visit our website and sign up today to receive a FREE Market Snap Shot. The monthly report will inform you on how much homes in your neighborhood are selling for.

Keep checking back each week for more insight to what is going on at Stone Ridge!

Disclaimer: Information was gathered from the MLS and is deemed reliable, but not guaranteed.

0 comments:

POSTED BY: Reynolds Team Realty AT 09:41 am | Permalink | E-mail this

Tuesday, 17 November 2009

Just Listed

9769 Mock Orange Court, Manassas, VA 20110

Cozy 3 level, 2 bedroom, end unit townhome in the quiet community of Wellington. As you walk through the home you will notice the pride of ownership throughout! The main level features a spacious family room and kitchen. The family room features hardwood flooring and a large window to bring in natural light. The kitchen features hardwood flooring, double sinks, a pantry, a breakfast area, and access to the back deck. The upper level features 2 spacious bedrooms both with plush carpeting. The owner’s suite features a ceiling fan and full private bathroom. The second bedroom features a walk in closet. The fully finished basement features plush carpeting. Priced at $165,000 this home is perfect for first time home buyers.

POSTED BY: Reynolds Team Realty AT 02:37 pm | Permalink | 0 Comments | E-mail this

Tuesday, 17 November 2009

Stone Ridge Market Watch 11/9/09-11/16/09

STONE RIDGE HOMES SALES WEEKLY REPORT 11/9/09-11/16/09

Relevant Real Estate Information for the Stone Ridge Community.

INTRODUCTION

We did not have any homes come onto the market this week. Additionally we had 2 homes go under contract and 1 home that sold this week.

As of today (November 16, 2009) there are 9 active homes in Stone Ridge, 18 homes that are currently under contract, and 3 homes that have sold in the last 30 days.

Here is the breakdown of all active listings in the MLS:

Townhomes- 8 active

1 New Home, 3 Short Sales, 2 Rentals, 2 Regular Sales

Single Family Homes- 1 active

1 New Home

NEW LLISTINGS

According to the MLS, there are 0 new listings this week.

UNDER CONTRACT

According to the MLS, there are 6 Single Family Homes and 12 Townhomes that are currently under contract.

Single Family Homes

Townhomes

I will have the final numbers for these once they close.

SOLD

We had 1 home close this week.

41973 Ural Drive: 4br/1.5ba (0 DOMP) Regular Sale
Asking Price: $445,214
Sales Price: $445,214
Seller Subsidy: $0

According to the MLS, 4 homes have sold in the last 30 days.

24851 Serpentine Pl: 4br/3.5ba (41 DOMP) Short Sale

Asking Price:$499.900
Sales Price: $499,900
Seller Subsidy: $10,000

42140 Black Hills Pl: 4br/2.5 ba (35 DOMP) Foreclosure

Asking Price: $449,900
Sales Price: $470,000
Seller Subsidy: $0

41981 Ural Dr: 4br/3.5ba (0 DOMP) Regular Sale
Asking Price: $485,396
Sales Price: $485,396
Seller Subsidy: $10,000

EXPIRED or WITHDRAWN

There have been 6 listings that have been taken off of the market in the last 30 days.

RENTALS

There are currently 2 townhomes for rent.

If you need any help finding a rental or listing your home for rent, please contact us.

Keep checking back each week for more insight to what is going on at Stone Ridge!

Are you or somebody you know upside down in their mortgage payment? Do you need to move, but owe more on the home than it's worth? We can help! Both Sarah and Debbie are Certified Distressed Property Experts and can help you in your situation. Please contact us! We will be honored to help you in any way that we can.

POSTED BY: Reynolds Team Realty AT 01:00 pm | Permalink | E-mail this