The Market in SIMPLE English: December 2009

S&P Case Shiller Just Released

The S&P Case Shiller Housing Report was just released - CONTINUED GOOD NEWS!!

This mornings Case Shiller report is for the month of OCTOBER. In its 20 city composite, shows a 7.3% decline in home prices year over year. If you recall last year, it was in October 2008 that the Government hit the microphone and said we needed $700 Billion by Friday - or else. This freaked out our population, and we immediately saw a big drop in our business, and with it, home price declines. This number is reflective if this event, but since that time, we have seen home prices bottom.

WIth this report, we are seeing our home prices back to Fall 2003 pricing level. Our home prices did peak in the second quarter of 2006 and our bottom in this cycle happened in April 2009.

Isolating just the Washington DC city in this report, our year over year prices are only down 2.8%. The hardest hit market remains to Las Vegas, with a 26.6% year over year price drop, followed by Phoenix at 18.1%.

Remember, real estate is a LOCAL business. We are in a strong real estate market here locally. We are continuing with our lack of inventory - we are in a seller's market here with home prices on the rise here. We still need a little further home price improvement so our builders can get moving to meet our demand needs.

The S&P press release is here.

Please let me know what questions or comments you have.

Thanks,

Chuck

1 commentChuck Cornwell • December 29 2009 08:35AM

IRS release new home buyer tax credit guidlines

The IRS has just releses some addtional guidlines on the home buyer tax credit.  See info here: 

http://varbuzz.com/irs-releases-new-home-buyer-tax-credit-guidlines/

5 commentsChuck Cornwell • December 07 2009 07:42AM

Daily Market update for Fauquier County Virginia - December 1, 2009 Page 2

244 BLACKWELL RD

FQ7134011

MOORHEAD

MLS Number FQ7134011
Photo Photo not yet available for 244 BLACKWELL RD MOORHEAD FQ7134011
Property Address 244 BLACKWELL RD
City WARRENTON
Subdivision MOORHEAD
Price $699,000.00
Remarks Moorhead: C. 1914, stone & stucco manor house, center hall w/fpl., high ceilings, sun porches, 5 fpls., beautiful pine floors, updated kitchen & baths, very private in Warrenton. Surrounded by large shade trees & boxwood. 38' back sitting porch, back staircase. Permitted use for home occupation. Home business or professional business with Special Use Permit (must be approved by Town Council)
Listing Company Allen Real Estate
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 244 BLACKWELL RD, WARRENTON, in MOORHEAD, MLS # FQ7134011, click here or the Photo above.

BLACKWELLS MILL RD

FQ6487577

NONE

MLS Number FQ6487577
Photo Photo not yet available for BLACKWELLS MILL RD NONE FQ6487577
Property Address BLACKWELLS MILL RD
City GOLDVEIN
Subdivision NONE
Price $850,000.00
Remarks PERFECT CENTRAL LOCATION in Fauquier,41 acres zoned RA w/poss 4 lot subdivision-Ltr dated 7/07.Approx.2400ft.road frontage off state maintained blacktop road minutes to Rte 17, Warrenton, Manassas&I95 &Celebrate VA Project***BEAUTIFUL, QUIET,BACKS TO DEEP RUN! BUILD TO SUIT-SMALL BUILDERS DREAM PARCEL PLAT & PICTURES SOON!
Listing Company Long & Foster Real Estate, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see BLACKWELLS MILL RD, GOLDVEIN, in NONE, MLS # FQ6487577, click here or the Photo above.

185-187 MAIN ST

FQ6540061

NONE

MLS Number FQ6540061
Photo Photo not yet available for 185-187 MAIN ST NONE FQ6540061
Property Address 185-187 MAIN ST
City WARRENTON
Subdivision NONE
Price $925,000.00
Remarks PRICE REDUCED! Wonderful old Colonial in historic district of Warrenton. Main street address. Separate unit with 2 bedroom apartment with workshop below that can be converted to another 2 bedroom apartment. Main house has 4 bedrooms and 4 working fireplaces. Beautifully maintained and ready to move in.
Listing Company Weichert, REALTORS
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 185-187 MAIN ST, WARRENTON, in NONE, MLS # FQ6540061, click here or the Photo above.

4235 BROOKWOOD LN

FQ7213708

METES & BOUNDS

MLS Number FQ7213708
Photo Photo not yet available for 4235 BROOKWOOD LN METES & BOUNDS FQ7213708
Property Address 4235 BROOKWOOD LN
City THE PLAINS
Subdivision METES & BOUNDS
Price $999,500.00
Remarks Substantial Price Reduction! All brick custom Colonial on 11.8 parklike acres in The Plains area of Northern Fauquier. Extensive landscaping, heated pool and hot tub with stone work, patio and decking. Just under 1 acre stocked pond. 45x70 Shop with large paved parking areas. Wet bar, game room, 2 story foyer and family room, 10 foot ceilings on main level.
Listing Company Long & Foster Real Estate, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 4235 BROOKWOOD LN, THE PLAINS, in METES & BOUNDS, MLS # FQ7213708, click here or the Photo above.

6373 HARDINS PINES RD

FQ7155994

UNKNOWN

MLS Number FQ7155994
Photo Photo not yet available for 6373 HARDINS PINES RD UNKNOWN FQ7155994
Property Address 6373 HARDINS PINES RD
City REMINGTON
Subdivision UNKNOWN
Price $1,290,000.00
Remarks PRICE REDUCED BUT INCLUDES 3 PARCELS,2 HOMES,BLD.LOT,54 AC.SELL ALL OR PT.*OWNER FINANCING POSSIBLE*HOME W/3560SF,10STALL BARN,POND,4 PADDOCKS W/RUN-INS,3 FLDS,2 ZN HVAC+BK-UP POWER,KENNEL,nEW:WINDOWS,DRS,MARBLE BATHS,JACUZZI,KIT.GRANITE,MOLDINGS,LGE.DECK W/PERGALO-HDWD FLRS.XCEPT 2 RMS.PAR.2;2D PRISTINE HOME,NEW BARN,4 AC.PAR 3;5.4 AC W/BARN+3BR PERC
Listing Company Long & Foster Real Estate, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 6373 HARDINS PINES RD, REMINGTON, in UNKNOWN, MLS # FQ7155994, click here or the Photo above.

8449 MAIDSTONE RD

FQ6891281

RECTORTOWN

MLS Number FQ6891281
Photo Photo not yet available for 8449 MAIDSTONE RD RECTORTOWN FQ6891281
Property Address 8449 MAIDSTONE RD
City DELAPLANE
Subdivision RECTORTOWN
Price $1,495,000.00
Remarks Maidstone-A classic Circa 1889 five bedroom ,four full bath stucco farmhouse in sought after village of Rectortown. Hardwood floors thru out house, large family room off kitchen, most of house recently painted and once was a bed and breakfast.Large yard with many annuals and perennials and small old barn. Lots of charm here.Zoning would allow guest house to be built.
Listing Company Tirvelda Real Estate
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 8449 MAIDSTONE RD, DELAPLANE, in RECTORTOWN, MLS # FQ6891281, click here or the Photo above.

3582 LEA RD

FQ7153383

WINDSTONE SPRINGS

MLS Number FQ7153383
Photo Photo not yet available for 3582 LEA RD WINDSTONE SPRINGS FQ7153383
Property Address 3582 LEA RD
City DELAPLANE
Subdivision WINDSTONE SPRINGS
Price $1,750,000.00
Remarks LIVE IN ONE OF THE GREENEST HOMES IN VA! CUSTOM DESIGNED CERTIFIED GREEN HOME BUILT BY AWARD WINNING NASH CONSTRUCTION*EARTH CRAFT HOUSE*RECENTLY FEATURED IN HOME & DESIGN MAG*LOW UTILITIES/MONTH*DUAL ENTRY MASTER SHOWER & CLOSET*SPRAY FOAM INSULATION*NATURAL STONE*RECLAIMED WOOD FLOORING**ROUGH-IN FOR ELEVATOR*HUGE GOURMET KIT W/ ISLAND & BUTLER PANTRY*8+ ACRES*PERFECT FOR YOUR WEEKEND RE-TREAT!!
Listing Company Samson Properties
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 3582 LEA RD, DELAPLANE, in WINDSTONE SPRINGS, MLS # FQ7153383, click here or the Photo above.

8134 SPRINGS RD

FQ6739620

NONE

MLS Number FQ6739620
Photo Photo not yet available for 8134 SPRINGS RD NONE FQ6739620
Property Address 8134 SPRINGS RD
City WARRENTON
Subdivision NONE
Price $2,900,000.00
Remarks C. 1928 brick, Lawrence Bottomley Georgian Revival w/slate roof. In magnificent condition w/high ceilings & spacious living areas. Idyllic setting w/clouds of boxwood & spreading shade trees. Restored c. 1890 Queen Anne Stable. Wonderful house, great horse facilities, absolutely excellent investment on edge of Warrenton. Zoned 1 ac. lots. 3 parcels 6984-00-8046(1.7 ac)/4540(23 ac)/7961(12ac)
Listing Company Allen Real Estate
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 8134 SPRINGS RD, WARRENTON, in NONE, MLS # FQ6739620, click here or the Photo above.

10239 GLENARA LN

FQ7099917

N/A

MLS Number FQ7099917
Photo Photo not yet available for 10239 GLENARA LN N/A FQ7099917
Property Address 10239 GLENARA LN
City MARSHALL
Subdivision N/A
Price $7,900,000.00
Remarks Possibly the finest manor house in Northern Fauquier. C. 1880 wide center-hall Georgian, very high ceilings, wonderful woodwork, mahogany doors, many fireplaces, center hall & sitting room on upper level access MBR suite & 2 large BRS, Additional guest/staff quarters & large finished attic. 2 cottages, farm office, barns, 338 acres mostly open, stable, blue ridge views, stone walls.
Listing Company Allen Real Estate
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 10239 GLENARA LN, MARSHALL, in N/A, MLS # FQ7099917, click here or the Photo above.
0 commentsChuck Cornwell • December 06 2009 08:22AM

Daily Market update for Fauquier County Virginia - December 1, 2009

5401 OLD AUBURN ROAD RD

FQ7196696

METES AND BOUNDS

MLS Number FQ7196696
Photo Photo not yet available for 5401 OLD AUBURN ROAD RD METES AND BOUNDS FQ7196696
Property Address 5401 OLD AUBURN ROAD RD
City WARRENTON
Subdivision METES AND BOUNDS
Price $850.00
Remarks SMALL BUNGALOW APPROXIMATELY 3 MILES FROM WARRENTON ON NICE LOT. STORAGE SPACE AVAILABLE. ONE SMALL PET CONSIDERED WITH PET DEPOSIT. APPLICATION FEES AND FIRST MONTH'S RENT MUST ACCOMPANY APPLICATION(S). CASH, CERTIFIED FUNDS OR MONEY ORDERS ONLY. WOOD FLOORS IN LIVING ROOM, DINING ROOM AND BEDROOMS.
Listing Company Henley Management Realty, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 5401 OLD AUBURN ROAD RD, WARRENTON, in METES AND BOUNDS, MLS # FQ7196696, click here or the Photo above.

8213 GREENWICH

FQ7145473

NONE

MLS Number FQ7145473
Photo Photo not yet available for 8213 GREENWICH NONE FQ7145473
Property Address 8213 GREENWICH
City CATLETT
Subdivision NONE
Price $995.00
Remarks Charming and inviting farmhouse just off 605. Main level features the kitchen, large liv and din room, and master bedroom w/ bath. Upstairs are two just painted big bedrooms with a full bath. There is a detached garage and storage shed.
Listing Company Austin Realty Management & Investment
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 8213 GREENWICH, CATLETT, in NONE, MLS # FQ7145473, click here or the Photo above.

136 FAIRFIELD DRIVE #136C

FQ7174676

LEEDS SQUARE PHASE 2

MLS Number FQ7174676
Photo Photo not yet available for 136 FAIRFIELD DRIVE #136C LEEDS SQUARE PHASE 2 FQ7174676
Property Address 136 FAIRFIELD DRIVE #136C
City WARRENTON
Subdivision LEEDS SQUARE PHASE 2
Price $1,150.00
Remarks Spacious 3 bedroom 2 1/2 bath with many upgrades. Owner has replaced heatpump, a/c, and hot water heater. All windows and sliding glass door have been replaced. Bright and open condo in Leeds Square.
Listing Company Long & Foster Real Estate, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 136 FAIRFIELD DRIVE #136C, WARRENTON, in LEEDS SQUARE PHASE 2, MLS # FQ7174676, click here or the Photo above.

7412 SUMERDUCK RD

FQ7213861

NONE

MLS Number FQ7213861
Photo Photo not yet available for 7412 SUMERDUCK RD NONE FQ7213861
Property Address 7412 SUMERDUCK RD
City REMINGTON
Subdivision NONE
Price $1,250.00
Remarks Great Rental in Remington, Virginia. Just minutes from Routes 28 and 29. Beautifully maintained Rancher on level lot with oversized garage. Partially fenced yard with a run-in shed. A Must See.
Listing Company RE/MAX Regency
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 7412 SUMERDUCK RD, REMINGTON, in NONE, MLS # FQ7213861, click here or the Photo above.

9477 ELK RUN RD

FQ7213359

M&B

MLS Number FQ7213359
Photo Photo not yet available for 9477 ELK RUN RD M&B FQ7213359
Property Address 9477 ELK RUN RD
City CATLETT
Subdivision M&B
Price $1,350.00
Remarks Great all brick rambler with hardwood floors, large center foyer, formal dining room, living room w/ fireplace, kitchen with island, huge garage, big private yard with pasture views, and full unfinished basement.
Listing Company Austin Realty Management & Investment
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 9477 ELK RUN RD, CATLETT, in M&B, MLS # FQ7213359, click here or the Photo above.

4147 AMBROSIA LN

FQ7200914

PASSIONWOOD SUBDIVISION

MLS Number FQ7200914
Photo Photo not yet available for 4147 AMBROSIA LN PASSIONWOOD SUBDIVISION FQ7200914
Property Address 4147 AMBROSIA LN
City MARSHALL
Subdivision PASSIONWOOD SUBDIVISION
Price $1,700.00
Remarks Beautifully renovated Country Colonial on 1 acre lot with large front porch/reared screened in deck/Updated Kitchen to include SS appliance/new counters/freshly painted/new carpet/new fixtures/Great Sep Building for workshop or studio with FP. Also for sale.
Listing Company Long & Foster Real Estate, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 4147 AMBROSIA LN, MARSHALL, in PASSIONWOOD SUBDIVISION, MLS # FQ7200914, click here or the Photo above.

11252 JAMES MADISON HWY

FQ7213725

NONE

MLS Number FQ7213725
Photo Photo not yet available for 11252 JAMES MADISON HWY NONE FQ7213725
Property Address 11252 JAMES MADISON HWY
City REMINGTON
Subdivision NONE
Price $75,000.00
Remarks Offered for sale as a lot, however, there is an old house that could possibily be saved. Needs a septic and well. Fenced with nice yard and trees. The property backs to farm land. Sold with Special Warrenty Deed as part of an estate.
Listing Company Montague Miller & Co.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 11252 JAMES MADISON HWY, REMINGTON, in NONE, MLS # FQ7213725, click here or the Photo above.

13022 MARSH RD

FQ7093966

E SIDE RT 17

MLS Number FQ7093966
Photo Photo not yet available for 13022 MARSH RD E SIDE RT 17 FQ7093966
Property Address 13022 MARSH RD
City BEALETON
Subdivision E SIDE RT 17
Price $129,500.00
Remarks BANK OWNED!!! RAMBLER SITUATED OFF OF ROUTE 17/MARSH ROAD IN BEALETON. GREAT INVESTMENT OPPORTUNITY. NEEDS WORK,SOLD "AS IS", CALL LA FOR DETAILS. PROPERTY HAS POTENTIAL, JUST NEEDS THE RIGHT TOUCH. BANK DOES OFFER FINANCING TO QUALIFIED PERSONS, OTHER INCENTIVES ALSO AVAILABLE. ONLY AGENTS LB:**7827***.
Listing Company Signature Realtors Inc
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 13022 MARSH RD, BEALETON, in E SIDE RT 17, MLS # FQ7093966, click here or the Photo above.

6652 SCHOOLHOUSE RD

FQ7062645

FOX MEADE SEC B2

MLS Number FQ7062645
Photo Photo not yet available for 6652 SCHOOLHOUSE RD FOX MEADE SEC B2 FQ7062645
Property Address 6652 SCHOOLHOUSE RD
City BEALETON
Subdivision FOX MEADE SEC B2
Price $187,500.00
Remarks Updated home on level 1/2 acre lot. New rear yard deck, new roof, new central heat & air within last year. Exterior recently painted. Home to be sold as is, but has been well maintained and is nicely decorated. Convenient to shopping, churches, scolls, restaurants & hospital. Very nice neighborhood with NO HOA!!! Motivated seller! Do not let cat out. Price REDUCED!!!
Listing Company Coldwell Banker Residential Brokerage
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 6652 SCHOOLHOUSE RD, BEALETON, in FOX MEADE SEC B2, MLS # FQ7062645, click here or the Photo above.

4090 GOLDMINE RD

FQ7085838

M&B

MLS Number FQ7085838
Photo Photo not yet available for 4090 GOLDMINE RD M&B FQ7085838
Property Address 4090 GOLDMINE RD
City GOLDVEIN
Subdivision M&B
Price $199,000.00
Remarks REDUCED!!!!THIS IS A REAL SELLER*THIS HOME HAS BEEN COMPLETLEY REDONE*ALL NEW KITCHEN WITH NEW APPLIANCES, GRANINTE COUNTER TOPS,CABINETS*HOME HAS ALL NEW SIDING, ELECTRIC WORK, WELL, HEAT & AC, WINDOWS AND DOORS*FEATURES THREE SPACIOUS BEDROOMS WITH NEW BATHROOMS*PROPERTY OVERLOOKS A GORGEOUS POND!
Listing Company RE/MAX Regency
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 4090 GOLDMINE RD, GOLDVEIN, in M&B, MLS # FQ7085838, click here or the Photo above.

6627 LANCASTER DR

FQ7188688

WARR LAKES ADDN TO

MLS Number FQ7188688
Photo Photo not yet available for 6627 LANCASTER DR WARR LAKES ADDN TO FQ7188688
Property Address 6627 LANCASTER DR
City WARRENTON
Subdivision WARR LAKES ADDN TO
Price $292,999.00
Remarks Freshly Painted...Fair Market Sale, 4 bedroom, 3 1/2 bath 3 level colonial with fabulous screened in porch, 1/2 acre fenced yard and 2 car garage. Huge master bedroom and jetted tub in the master bath. Unfinished basement has full sized windows, side walkout SGD and full bathroom, ready for finishing. Front Porch, mature trees and lush lawn invite your outdoor activities. Leased Propane Tank.
Listing Company Century 21 New Millennium
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 6627 LANCASTER DR, WARRENTON, in WARR LAKES ADDN TO, MLS # FQ7188688, click here or the Photo above.

7721 GREENWOOD WAY

FQ7201639

WHITEWOOD FOREST

MLS Number FQ7201639
Photo Photo not yet available for 7721 GREENWOOD WAY WHITEWOOD FOREST FQ7201639
Property Address 7721 GREENWOOD WAY
City NOKESVILLE
Subdivision WHITEWOOD FOREST
Price $299,000.00
Remarks REDUCED*LETS SELL!OVERSIZED*WELCOMING wrapporch overlooking 1.3ac manicured exterior-stone patio & walkways*exterior lights & decking*Expand the dining party to wrap porch from the french doors!Culdesac Privacy!Hardwood fls/main lvl*BRAND NEW extended kitchen/oversized center island*watch nature from the kitchen bay!AMAZING 16x20 Family Rm addition w/vaulted ceiling!A WOW HOME!PERFEC
Listing Company RE/MAX Regency
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 7721 GREENWOOD WAY, NOKESVILLE, in WHITEWOOD FOREST, MLS # FQ7201639, click here or the Photo above.

225 PINNACLE CT

FQ7166795

THE RESERVE AT MOORHEAD

MLS Number FQ7166795
Photo Photo not yet available for 225 PINNACLE CT THE RESERVE AT MOORHEAD FQ7166795
Property Address 225 PINNACLE CT
City WARRENTON
Subdivision THE RESERVE AT MOORHEAD
Price $299,900.00
Remarks This one is worth the wait! Front porch, 5 Bedrooms and 3 full baths on upper level, full finished basement with 2 Rec Rms, Den, full bath and walk out. Nice corner lot. Call contact befor showing.
Listing Company Century 21 New Millennium
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 225 PINNACLE CT, WARRENTON, in THE RESERVE AT MOORHEAD, MLS # FQ7166795, click here or the Photo above.

SUTPHIN LANE

FQ6298960

NONE

MLS Number FQ6298960
Photo Photo not yet available for SUTPHIN LANE NONE FQ6298960
Property Address SUTPHIN LANE
City ORLEAN
Subdivision NONE
Price $345,000.00
Remarks Beautiful 10 acre lot, homesite has views of Piney mountain. All weather spring could be 2+ acre pond. 100 year chimney still standing at site of old cabin. Conveniently located next to horse facility, possible boarding. 4BR expired perc, first 300 feet of lot is a tree save area. Purchase price includes one year membership to Piedmont Environmental Council.
Listing Company Assurance Realty of Virginia LLC
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see SUTPHIN LANE, ORLEAN, in NONE, MLS # FQ6298960, click here or the Photo above.

6026 FINCHINGFIELD RD

FQ7213726

WESTERVELT

MLS Number FQ7213726
Photo Photo not yet available for 6026 FINCHINGFIELD RD WESTERVELT FQ7213726
Property Address 6026 FINCHINGFIELD RD
City WARRENTON
Subdivision WESTERVELT
Price $429,900.00
Remarks ALL CONTRACTS/OFFERS ARE SUBJECT TO SELLER SENIOR MGT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY SELLER ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES. ** $75.00 BUYER PAID DOC FEE PAID AT CLOSING.**
Listing Company Century 21 New Millennium
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 6026 FINCHINGFIELD RD, WARRENTON, in WESTERVELT, MLS # FQ7213726, click here or the Photo above.

SUTPHIN LANE

FQ6298967

NONE

MLS Number FQ6298967
Photo Photo not yet available for SUTPHIN LANE NONE FQ6298967
Property Address SUTPHIN LANE
City ORLEAN
Subdivision NONE
Price $445,000.00
Remarks Rare Opportunity to own a 17 Acre lot located between Orlean and Warrenton. Conveniently located next to horse facility, possible boarding. 4BR expired perc, first 300 feet of lot is a tree save area. Purchase price includes one year membership to Piedmont Environmental Council.
Listing Company Assurance Realty of Virginia LLC
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see SUTPHIN LANE, ORLEAN, in NONE, MLS # FQ6298967, click here or the Photo above.

11400 OLD MORGANSBURG RD

FQ7129233

BERRY PATCH FARM

MLS Number FQ7129233
Photo Photo not yet available for 11400 OLD MORGANSBURG RD BERRY PATCH FARM FQ7129233
Property Address 11400 OLD MORGANSBURG RD
City BEALETON
Subdivision BERRY PATCH FARM
Price $449,000.00
Remarks BRING ALL OFFERS, THIS MUST SELL! MAJOR PRICE REDUCTION! Beautiful property. Over 2500 sq ft log home set high on 32.3 acres, stone fireplace, wrap-around porch, pond, 72x36 12-stall barn with utilities, 5 fenced paddocks, round-pen, 3 run-in sheds and views for miles. Property sold as-is. Sentrilock on door, key accesses french door entrance. Enter at red gate, please close.
Listing Company Long & Foster Real Estate, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 11400 OLD MORGANSBURG RD, BEALETON, in BERRY PATCH FARM, MLS # FQ7129233, click here or the Photo above.

7403 DRAKE DR

FQ7087472

DRAKE

MLS Number FQ7087472
Photo Photo not yet available for 7403 DRAKE DR DRAKE FQ7087472
Property Address 7403 DRAKE DR
City WARRENTON
Subdivision DRAKE
Price $529,900.00
Remarks Regular sale! Move-in ready! Energy friendly!Meticulously maintained. Updated kitchen,3 car garage,stone walls,paved driveway,office, fully finished walkout basememt.Wooded lot. Convenient to Rte. 66,WARF, downtown shopping and events at Great Meadow. Be in your new home for the Holidays!Original owner says bring us an offer!
Listing Company Century 21 Redwood Realty
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 7403 DRAKE DR, WARRENTON, in DRAKE, MLS # FQ7087472, click here or the Photo above.

3246 DAFFAN DR

FQ7213866

KETTLE RUN FOREST

MLS Number FQ7213866
Photo Photo not yet available for 3246 DAFFAN DR KETTLE RUN FOREST FQ7213866
Property Address 3246 DAFFAN DR
City CATLETT
Subdivision KETTLE RUN FOREST
Price $569,000.00
Remarks BEAUTIFULLY MAINTAINED 5 BEDROOM,3 FULL BATH HOME ON 6.71 ACRES. HOME HAS 3500+ FINISHED SF,TWO SHEDS CONVEY WITH ELECTRIC AND WATER! POND ON PROPERTY! GLEAMING WOOD FLOORS IN MAIN LIVING AREAS AND SOME BEDROOMS. GOURMET KIT W/ SLATE FLOORS, 2 REFRIG, DBL OVENS, COOKTOP W/ DOWNDRAFT, EXOTIC GRANITE COUNTERTOPS, AND BRKFST BAR.SUNROOM W/ 7 DOORS. 10 CEILING FANS,CENTRAL VAC,NEW HVAC, WINDOWS,& MORE
Listing Company Century 21 Stackhouse & Associates
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 3246 DAFFAN DR, CATLETT, in KETTLE RUN FOREST, MLS # FQ7213866, click here or the Photo above.

13259 BLACKWELLS MILL RD

FQ6605744

NONE

MLS Number FQ6605744
Photo Photo not yet available for 13259 BLACKWELLS MILL RD NONE FQ6605744
Property Address 13259 BLACKWELLS MILL RD
City GOLDVEIN
Subdivision NONE
Price $574,000.00
Remarks NEW PRICE!UNIQUE PROPERTY OFF HWY17 12+ACS/2 parcels-Main Bldg 6300+sfw/main flr offices & upstrs Dorm Type BDS&BTHS -Community Room-SEP.MESS HALL+Sep.Traning Bldg w/other sheds QUIET&PRIVATE NEAR Warrenton,Stafford,Frdsbg, Manass- EXISTING SPECIAL USE PERMIT-MANY CAMPUS/BOARDING TYPE POSS. AGRI/RESID ZONING-SOLD ENTIRELY"AS IS"Special Conditions Apply re:Permits FqCty Records,Septic-Call List
Listing Company Long & Foster Real Estate, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 13259 BLACKWELLS MILL RD, GOLDVEIN, in NONE, MLS # FQ6605744, click here or the Photo above.

13259 BLACKWELLS MILL RD

FQ6926401

NONE

MLS Number FQ6926401
Photo Photo not yet available for 13259 BLACKWELLS MILL RD NONE FQ6926401
Property Address 13259 BLACKWELLS MILL RD
City GOLDVEIN
Subdivision NONE
Price $574,000.00
Remarks NEW PRICE-UNIQUE PROP OFF HWY17 12+ACS/2 parcels-main bldg6300 +sfw/main flr offiecs & upstrs Dorm Type BDS/BTHS CommuntyRM-SEP MESS HALL+Sep.Trng Bldg w/other sheds QUIET& PRIVATE NEAR Warrenton,Stafford,Manass,Fdbrg-EXISTING SPECIAL USE PERMIT-MANY CAMPUS/BOARDING TYPE POSSAGR/RES.ZONING-SOLD ENTIRELY "AS IS"Special Conditions Apply re:permits-FqCty Comm type use-not zoned Comm/Lister detai
Listing Company Long & Foster Real Estate, Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 13259 BLACKWELLS MILL RD, GOLDVEIN, in NONE, MLS # FQ6926401, click here or the Photo above.

7533 FOXVIEW DR

FQ7112079

BROADVIEW MANOR ESTS

MLS Number FQ7112079
Photo Photo not yet available for 7533 FOXVIEW DR BROADVIEW MANOR ESTS FQ7112079
Property Address 7533 FOXVIEW DR
City WARRENTON
Subdivision BROADVIEW MANOR ESTS
Price $610,000.00
Remarks <b>SHORT SALE SUBJECT TO 3RD PARTY APPROVAL. PROFESSIONALLY NEGOTIATED BY ATTORNEY, 2 TRUSTS. GORGEOUS SFH WITH UPGRADES GALORE! GOURMET KIT W/WALK-IN PANTRY. PATIO W/HOT-TUB. MAIN LEVEL MASTER. FINISHED LL W/REC ROOM, BAR & WORKSHOP. NEARLY 2 ACRES OF BEAUTIFULLY LANDSCAPED GROUNDS. YOU DON'T WANT TO MISS THIS ONE!
Listing Company Keller William Realty
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 7533 FOXVIEW DR, WARRENTON, in BROADVIEW MANOR ESTS, MLS # FQ7112079, click here or the Photo above.

EMMA COURT

FQ6749752

THE RESERVE AT BROOKSIDE

MLS Number FQ6749752
Photo Photo not yet available for EMMA COURT THE RESERVE AT BROOKSIDE FQ6749752
Property Address EMMA COURT
City WARRENTON
Subdivision THE RESERVE AT BROOKSIDE
Price $655,900.00
Remarks Buy now and make changes and pick colors for your new home.We have (1) more lot avabile in Brookside that you could pick the model you would like to build. CALL US TODAY
Listing Company Quaker Homes Inc.
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see EMMA COURT, WARRENTON, in THE RESERVE AT BROOKSIDE, MLS # FQ6749752, click here or the Photo above.

244 BLACKWELL RD

FQ6761049

MOORHEAD

MLS Number FQ6761049
Photo Photo not yet available for 244 BLACKWELL RD MOORHEAD FQ6761049
Property Address 244 BLACKWELL RD
City WARRENTON
Subdivision MOORHEAD
Price $699,000.00
Remarks Moorhead: Circa 1914, very substantial stone & stucco manor house, large center hall w/fireplace, impressive staircase, high ceilings, pub beams, sun porches, many fireplaces, beautiful pine floors, updated kitchen & baths, spacious rooms, very private in Warrenton. Landscaped & surrounded by large shade trees & boxwood. 38' back sitting porch, back staircase to kitchen. Zoned for home office.
Listing Company Allen Real Estate
For more information: For more information, CURRENT listing status, price, etc. or for an appointment to see 244 BLACKWELL RD, WARRENTON, in MOORHEAD, MLS # FQ6761049, click here or the Photo above.
0 commentsChuck Cornwell • December 06 2009 08:20AM

Prince William prices UP 26.6%!!!!

I was just conducting a study of the real estate market in Prince William County, and the numbers are amazing. I was pulling this together to assist with a presentation to the County covering the state of the real estate market. I wanted to share what I found with you.

The average sold price on the basis of price per square foot is interesting. Over the past 12 months the sold price per square foot has moved from $101 to $114. This is a 12.4% increase! Our real estate prices did bottom in February of this year. If you consider our pricing move since the bottom, we have experienced a 17.5% price increase, taking our average sold price per square foot from $97 to our current $114

Looking at the actual median sold price of real estate in Prince William County, over the past 12 months our median price is up 16.6%, from a reading of $189,950 in November 2008 to the current level of $221,495. Applying the same pricing bottom that occurred in February 2009, our home prices in Prince William County are up 26.6% from the market bottom. The Median sold price was $175,000 in February 2009 and we are now at a current reading of $221,495.

The next housing crisis which is already well underway is the lack of available homes. Household numbers in the county have increased during this recession. We have an influx of families moving to this area as jobs can be found in the Washington DC market place. Further, with the reduction in home mortgage interest rates, along with the overall drop in our home prices since the beginning of our real estate downturn in late 2005, the purchasing of a home is in reach of more people than ever. To this end, our supply of homes has dropped to unsustainably low levels. Over the past year the month's supply of homes has dropped by 62.4% from a 16 month supply to the current 1.9 months supply. A balanced real estate market is 5 to 6 months of inventory.

The number of available homes on the market in November 2008 was 3,815 and as of November 2009, this number has dropped to 1,237. Two years ago, the number of available homes on the market totaled 5,709.

2 commentsChuck Cornwell • December 03 2009 09:08PM

Short Sale Guidlines released by Treasury!!

You must see this article if your involved in Short Sales!!!!!

 

http://news.yahoo.com/s/nm/20091130/bs_nm/us_treasury_shortsales

 

Chuck

0 commentsChuck Cornwell • December 01 2009 09:38AM