If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were
Real Estate And The Price Of Apples
Consider this scenario. Say you're at your local supermarket and notice that apples are on sale for $3.95each. If you've ever purchased apples before, you know that's a pretty hefty price.
However, you've heard about the "national apple market" on the news, so you'renot surprised. After all, they've been saying that apple prices will be higher this year.
Now, let's say you're driving home and decide to drop by a farmer's market. One of the stands, run by a local family farm, is selling their apples for just $1.95 each.
Why is that?
The reason is pretty simple. The national apple market doesn't always reflect what's happening locally. In fact, the local market may be very different.
So, what does all this have to do with real estate?
Well, the same scenario can play out in real estate. You may hear news about the national market... about bubbles and rebounds and ups and downs. But that doesn't necessarily mean your local market - the market right here in your neighborhood - is the same.
So before you make a decision about whether or not to make a move, find out what the local market is doing. Contact one of the sales professionals at Berkshire Hathaway HomeServices Select Realty and we'll help make sure you are comparing apples to apples when buying or selling real estate in Fredericksburg, Stafford, Woodbridge or any surrounding area in Northern Virginia.
After 15 years in sales, Dan Lesher began his career in real estate in 1997 with the goal of providing superior customer service, inspired by his own experience with lackluster real estate agents. Ove....