Front Lines

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Real Estate Broker/Owner - Spencer Marker & Co. - Long & Foster
RECENT BLOG POSTS
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Once the snow melted the market heated up pretty quickly.  March built on February's numbers and while inventory grew a little in March sales surged keeping active listings below 09 levels.  As of March 31st there were 56 town homes available up 10% from 51 in February but down 51% from January 0...
04/27/2010
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I look for April to continue in the same way that March did.  New inventory coming on and strong sales continuing keeping inventory levels low.  That being said some of the pent up demand has been sated and April is always a big month for new inventory to come on the market so I feel that the tow...
04/27/2010
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While writing this I had a gentlemen stop by my office asking about his current real estate assessment.  Once again the county is playing games with land values and house values and this is causing confusion.  Bottom line though is that the county needs to generate "X" number of dollars in real e...
03/08/2010
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Now that the snow is gone I look for a surge in inventory, especially in the single-family sector.  Typically March is when inventory really starts to grow and I believe that many who would have come on in February were prevented from doing so by the weather.  I also feel that many savvy sellers ...
03/08/2010
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Well let's start off by saying Thank God the snow is almost gone!  It sure put a chill on the market.  We had come out of the gates strong in January but this stopped everything in its tracks.  The month however saw improvement, just not what it could have been in my opinion.  Sales of townhomes ...
03/08/2010
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2010 started out pretty much as expected.  We saw a 10% increase in single family inventory for a total of 34 single family homes on the market and a 31% increase in town homes coming on the market raising the available inventory to 51; still well below the 2009 January totals of 161 town homes a...
01/08/2010
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I expect to see inventory levels creep up in February and the level of activity continue at its present pace.  I hope to see some improvement in the town home sector compared to January as buyers should take advantage of the stimulus before it is gone and investors continue to pluck off good valu...
01/08/2010
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Our inventory for the most part has remained consistent for the last 3 months and unless the banks dump a huge batch on us we should see it shrink further in the next couple of months. As is typical in this time frame the folks that only "want to sell" but do not "need or have to sell" are droppi...
11/05/2009
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Well, the weather has gotten cold but the market has warmed up a bit. Fair amount of activity although it remains in the lower price ranges. There is a little activity and it is slowly moving up through the price ranges. We put a nice property on the market at $550,000 (which the seller and I agr...
11/05/2009
Okay folks, things are not as bad as the press is making them out to be, in the Centreville Va. market anyhow. The number of available single family homes is at it's lowest point since January of 07! The number of single family homes sold in October & September (and August for that matter) are do...
12/02/2008
Rainer
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