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Chip Warner

A Buyers Recent Market Experience

After taking my clients around to see more than 75 homes over the past couple of weeks in and around the Lake Braddock, Robinson, Woodson and Fairfax High School districts, we developed a keen awareness of what this market has to offer.

  1. There are many homes for sale that are in need of improvements.

  2. There are far fewer homes that have been well maintained and at least include updated kitchens and baths.

If you are interested in the fixer uppers,  the world is your oyster.  Abundant supply should help you gain a reasonable deal.  But, if you are interested in a move in ready home, be ready to act quickly.  We saw several that only lasted on the market for a week or so.  That being the case, sellers are getting a bit resistant to reduce their prices.  Could this be the beginning of the end of our buyers market??

Good Luck!

Chip

 

Published Thursday, June 25, 2009 4:21 PM by Chip Warner

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chip said:

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July 6, 2009 10:29 AM

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