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Beth Paisley

Winchester provides an unparalleled quality of life, a small-town environment and a low cost of living.

04-30-09
Beth Paisley

This wonderful town's rich heritage is reflected in its many historic buildings and the Civil War battle sites throughout the surrounding area. A former winner of the prestigious "All-American Community" award, Winchester is home to approximately 25,000 residents known for civic pride, community spirit and dedication to their town's progressive growth.

The "Top of Virginia" is situated in the heart of the picturesque Shenandoah Valley, about 65 miles northwest of Washington, D.C. Located in this beautiful pastoral setting is Frederick County and within the county lies Winchester, the oldest English city west of the beautiful Blue Ridge Mountains. Known as the "Apple Capital," the city is the home of the annual Shenandoah Apple Blossom Festival - a celebration of spring's arrival and the blooming of the apple trees. In fact, Frederick County is known as one of the nation's largest producers of apples and peaches and is the state's leading harvester of these crops. A modern, dynamic city with outstanding medical resources and a thriving economy supported by technical manufacturing and telecommunications.

Houses is affordable, with a variety of townhouses, condominiums and single-family detached homes available in lovely quiet neighborhoods. Whether you seek a modest home with acreage, a country club estate or a spacious horse property, you're sure to find it. Winchester provides an unparalleled quality of life, a small-town environment and a low cost of living.

You must get prequalified for a mortgage before you house hunt in today's market.

12-31-08
Beth Paisley

One of the keys to making the home buying process easier and more understandable in today's world is planning. This will help anticipate requests from lenders, lawyers and other professionals, and all the foreclosures, buyers will move more easily through the home buying process.

As for closing costs, in today's buyers markets, you can negotiate an offers that requires the owner to pay some or all of the settlement expenses.

Market Update

05-08-08
Beth Paisley

Many buyers are seeking more house for their money. It does however involve a longer commute if you have to drive toward D.C. New homes here are large and well appointed. You can also find nice more affordable homes in the well established sections of the county.

There are many homes to choose from! Sellers are understanding of the 'new' market conditions & are ready to sell. We are seeing an increase in viewings and contracts!

It's still very much a buyer's market in Frederick County/Winchester area. The prices in some areas have fallen because of the buyers playing hardball with the sellers and there is a lot of inventory for a potential purchaser to choose from.

Today's buyers are looking for homes that are ready to move into where they would have minimal work to do as far as repairs are concerned. Houses that have been upgraded are guaranteed to sell faster than those without upgrades. For example: Granite, stainless steel, freshly painted and hardwoods are the words the buyers want to hear.

It takes a strong realtor to negotiate well on behalf of a seller to get a good price for their home. In this market it is very important to market each home to their fullest potential.

In 2008, I have been selling my listings faster than most. I am looking for new clients to benefit from my high technology and strong customer service levels.

http://realtytimes.com/112/bpaisley

Market Update

05-02-08
Beth Paisley
Report Date Spring 2008
Nearest Metro Area
Buyers' or Sellers' Market More sellers than buyers
Average Time on Market More than 120 days
Market Trend Increasing
Housing Inventory Good supply - all prices
Average Home Prices $275,000
Compared to last year Down 15-20%
Prices As % of Asking Price 85-90%
Multiple Offers? Yes
Greatest Activity First Time Buyers
Housing Hot Spots Foreclosures are the hot spot. We are getting multiple offers and they are selling within days of going on the market.
Reason to Buy/Sell Job Growth
Other Comments Our market is much more active than the public thinks. They listen to all of the down play from the media. They do not realize that the worst areas are not here. Our job growth is wonderful so we do still have an active market.

Frederick county Va is a Buyer's Market

03-04-08
Beth Paisley

In the first two months of the fourth quarter, 272 jobs were added to the payrolls of Frederick County. As

a result of these new jobs, the average monthly unemployment rate fell from 2.9% during the third

quarter to 2.8% for October and November. The strong employment climate may help to create demand

for home purchases. Favorable mortgage rates should augment this trend.

Q3' 07 Q4' 07

Average Price $294,300 $277,600

# Homes on the Market 1,684 1,491

# Homes Sold 198 219

# New Homes Built 102 57

Avg # of Days on Market 102 114

Posted by MRIS