The early Spring 2014, the Manassas Real Estate Market has had many challenges: snow, rain, and low inventory… now the tides are turning. Call me so I may explain and offer insight and strategies needed to buy or sell a house in Northern Virginia. If you would like to discuss your personal real estate market options or challenges, give Mike Bramble of RE/MAX Gateway a call (703) 946-9933.
Our inventory levels have continued to escalate since the warm weather broke in May. It has resulted in us having more homes for sale than any time since October on 2011. As we enter the summertime, the season generally slows down which will increase inventory slightly, so sellers need to do all they can to attract the buyers that are out looking for a new home. Sellers need to position their properties accordingly, as there is currently a 2 month supply of houses on the market. The inside and the outside of the house needs to shine and show like a model home, as well as be priced to sell! As mortgage rates were down for the second week in a row, with the benchmark 30-year fixed mortgage rate sliding to 4.28 percent, according to Bankrate.com‘s weekly national survey we are still at the best optimal time to buy or sell your home compared to next year when rates are projected to rise.
My goal is to always provide you with excellent customer service, and a smooth transaction, so that you feel confident in referring me to your family, friends and co-workers.
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Serving The Real Estate Community Since 1989