Culpeper, VA

RE/MAX BRAVO | REMAX BRAVO | 540-891-8888 9191 STONE CT, Culpeper, VA 3BR/2+1BA Single Family House offered at $181,500 Year Built 1998 Sq Footage 1,760 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size 2.02 acres HOA/Maint $0 per month see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Family room - Living room - Dining room - Balcony, Deck, or Patio - Yard ADDITIONAL PHOTOS Photo 1 Contact info: RE/MAX BRAVO REMAX BRAVO 540-891-8888 For sale by agent/broker Equal Opportunity Housing Posted: Jan 27, 2010, 10:49am PST

RE/MAX BRAVO
10401 Courthouse Rd
Spotsylvania, VA 22553
540-891-8884 (Phone)
540-891-8884 (Fax)
http://www.fredva.com/
Licensed In The State Of VA

RE/MAX BRAVO | REMAX BRAVO | 540-891-8888 19236 Rose Hill Dr, Culpeper, VA 3BR/3BA Single Family House offered at $142,900 Year Built 1979 Sq Footage 1,239 Bedrooms 3 Bathrooms 3 full, 0 partial Floors 2 Parking Unspecified Lot Size 130,680 sqft HOA/Maint $0 per month see additional photos below PROPERTY FEATURES - Central A/C - Fireplace - Family room - Bonus/Rec room - Dining room - Basement - Balcony, Deck, or Patio - Yard ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Contact info: RE/MAX BRAVO REMAX BRAVO 540-891-8888 For sale by agent/broker Equal Opportunity Housing Posted: Oct 23, 2009, 8:59am PDT

RE/MAX BRAVO
10401 Courthouse Rd
Spotsylvania, VA 22553
540-891-8884 (Phone)
540-891-8884 (Fax)
http://www.fredva.com/
Licensed In The State Of VA

After a week of zero activity it was nice to see that 8 homes closed in Culpper County the week of February 23-March 1, 2009. This of course according to the Metropolitan Regional Information Service, the local MLS.

Of the 8 homes that sold, 5 of them were foreclosed properties which continue to drive both volume and price. The average close price on these 8 homes was $203,090, with an average time on market of 134 days. As I keep saying week after week if you are in a position to buy a home the time to act is now! With all the fantastic prices and the $8,000 first-time buyer incentive there is no need to wait.

If you are looking to purchase a new home and would like to learn more about the Culpeper area market conditions give me a call at 540.672.8019. If selling your home is in your future you might want to get a Free market evaluation before you make any plans. In either case feel free to contact me and learn more about your options and opportunities in today's real estate market.

Until next time have a great day!

Well, it is a new year but things do not look like they are changing to much in Culpeper, Virginia real estate. Homes in escrow the week of January 12 - 18, 2009 are a reflection of the current market. Of the 18 homes listed, 10 are bank owned and 5 are in some form of short sale. Check them out here: Homes in escrow,

If selling your home is in the plans anytime soon, please be aware of the impact the continued sell-off of bank owned properties will have on your bottom line. If you would like more information please give me a call at 540.672.1019 and I will be happy to share my thoughts and ideas with you.

The Culpeper Star Exponent reports that two condominium projects slated for Culpeper have been pulled due to current economic conditions as well as the state of the local real estate market. It's not that Culpeper wouldn't be better off with more condominiums in the housing mix, but it's definitely the wrong time. For weary sellers, less competition is good news!

And, that's only a small piece of the good news in the real estate market.

Fannie Mae and Freddie Mac have dropped their "declining markets" indicator. Since just about every local jurisdiction had been labeled a declining market that's big! This indicator meant buyers had to come up with more cash to buy homes in this area. In a market already starved for buyers, this was not helping! Don't expect a flood of new buyers as a result of this, but it should help out a few buyers who were short that extra cash.

And, let me leave you with one more piece of good news. No housing market is completely depressed or completely robust. There are always pockets that are thriving even in the toughest markets. One of those areas here is the rental market. Rentals that are well-priced and in good condition are moving, sometimes pretty quickly. The summer season should be a good one for the rental business. And some sellers might be well-advised to consider renting out their properties that aren't selling.