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Gainesville, VA Real Estate News

By Linda Coffey, Your Haymarket & Gainesville Area Expert
(Long & Foster)
Gainesville Virginia - Homes For Sale - Foreclosures and Short Sales – June 2010 The rise in foreclosures and short sales has even touched the homes for sale in the Gainesville VA market. Since September 2008, monthly foreclosure filings decreased by 10 percent across Virginia. Overall, in September 2009, Virginia ranked 17th in foreclosure rate amongst the 50 states, according to RealtyTrac. According to the Virginia Association of Realtors, in the 3rd Quarter of 2009 median sales prices were down by 1.3% over the same period in 2008 while they increased 2.2% over the previous quarter (2nd Quarter 2009). Currently there are 183 Single Family Homes listed for sale in the Gainesville VA MLS in June 2010. 7 Foreclosures (3.8% of current homes) 53 Short Sales aka Preforeclosure (29% of cur...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
Another Gainesville, VA Short Sale Approved & Sold As a Northern Virginia Short Sale Listing Agent, there are three words that used to cause a feeling of complete and utter hopelessness.  Those words were Bank of America.  However, this Gainesville, VA Short Sale that I listed in Village Place changed the feelings from prior experiences.  This was a Bank of America Short Sale that ended up going through Equator.  This Village Place townhouse was listed on January 26, 2010.  By the first day it was on the market, it had one offer.  The next day, three more.  My sellers were thrilled that they weren't going to have to wait months and months for a Buyer who was willing to wait for Short Sale Approval.  You see, in addition to having a mortgage with Bank of America that wasn't going to be p...
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By Erick Blackwelder, Text or call Erick now at 703-677-1120.
(Cell: 703-677-1120)
You Can See Homes For Sale In Lake Manassas Right Now Click Photo Below Now To See Homes That Are Actively For Sale, Plus Lake Manassas Homes Under Contract And Sold Opportunities Are Everywhere...We Can Help You Find Your Dream Home. How can we help you today? Call 703-590-2252 or contact me now by email Click Here    Erick Blackwelder or Peggy James of Erick and Company - Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252  list your property for sale or to  purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany,  Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.        
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By Erick Blackwelder, Text or call Erick now at 703-677-1120.
(Cell: 703-677-1120)
Lake Manassas Virginia Home For Carl And Nancy After Carl's Surgery Lake Manassas Home Offers 6,000+ Square Foot Home Packed With Luxury Features Lake Manassas Also Gives You Two Golf Courses And A Lake For Fishing Carl is a physician, and Nancy is a physical therapist/nutritionist.  Both are physically fit from running and using their home gym. Carl was in the prime years of his life/career when he was diagnosed with an aggressive, fast-spreading bone cancer in his right foot. Carl's oncologist used chemotherapy and radiation to heal the cancer... Nancy put Carl on a stringent regimen of vitamins and supplements to strengthen Carl's immunity. No treatment worked. In fact, the cancer spread into Carl's ankle and lower leg.  Soon, the cancer would spread throughout Carl's body, and he wo...
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By Linda Coffey, Your Haymarket & Gainesville Area Expert
(Long & Foster)
Gainesville, Virginia - Homes for Sale - Current Market Conditions - June 2010 Real Estate Price Trends The average sold price for a single family home as of June 2010 for Gainesville is $435,179 (Up $5,391 from May). Home Sales and Demand Trends The average time for a property in Gainesville to go under contract as of June 2010 has been on the market for about 33 days. The average time for a property in Gainesville sold in the last 30 days as of June 2010 has been on the market for about 29 days. Price Per Square Foot The median price per square foot for homes in Gainesville as of June 2010 is about $144 (Down $4 from May). Homes for Sale There are about 175 properties on the market in Gainesville as of June 2010. Linda Coffey, Realtor®Long & Foster Realtors 7526 Limestone DriveGainesv...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
As you approach the community Greenhill Crossing in Gainesville/Haymarket, VA you get a glimpse of a simpler time.  With homes built from 1996 to 2008, and a variety that includes single family homes and townhouses, there is something here for just about every buyer.  In any market, the home prices are a great value no matter what you are buying. The community of Greenhill Crossing is located off of Route 55 (a.k.a. John Marshall Highway & Washington Street)and straddles both Gainesville and the Town of Haymarket.  It's the latter that gives Greenhill Crossing a small town feel....when Main Street USA was really a two lane, 25 mile per hour road, lined with Mom & Pop shops in businesses that sat in more residential looking buildings than commercial ones.  You can walk your dog to the ve...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
Gainesville, VA's community of Morris Farm (a.k.a. Meadows at Morris Farm) began delivering homes in 2005.  As of the time of this post, builders are still delivering newly built home to Gainesville, VA buyers.  Buidlers in Morris Farm include Brookfield Homes, Craftmark Homes and Richmond American. Morris Farm offers a variety of homes to fit just about any Gainesville home buyer.  There are large single family home, single family homes on the more modest size, and single family starter homes.  Townhouses are also something a Gainesville, VA buyer will find when they drive through Morris Farm.   One of the most pleasing concepts of the Morris Farm community is the forty-five acres of conservation area near Lake Manassas.  This is a conservation area for birds of all kinds.  You may eve...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
Gainesville, VA's community of Glenkirk Estates is a brand new community along the Linton Hall Corridor.  It can be accessed by Glenkirk Road or by Rollins Ford Drive off of Linton Hall Road.  If you live in Bristow or Gainesville, and do not have a community pool, Glenkirk Estates has something wonderful to offer: POOL MEMBERSHIPS! It's only June at the time of this post and already the temperatures are in the low to mid 90's.  The humidity is here.  The pool is relief that communities like Ashley Ridge, Laurianne Woods and Village Place just don't have.  So here's  your chance to buy a cool-off and fun package for the entire family. Memberships are for the entire season, which ends September 6, 2010 and cost $475 for the whole family.  Call of email TWC Association Management at 703-...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
Moving in Bristow, VA's community of Braemar in 2005, one of the first orders of business was to find a new hair stylist.  I don't like to overpay for a haircut, so I landed at Hair Cuttery in Gainesville, VA.  The prices are reasonable and the service is great.  I'm still going to Mary, the stylist I first encounterd. Today I was in to see Mary at the Gainesville, VA Hair Cuttery for a much needed haircut.  I was pleased to see at checkout that my hair that had just been swept off the salon floor was going to be used to help clean up the oil spill in the Gulf of Mexico.  This was something I had just read about the other day on Gene Mundt's post. So if you are a Gainesville, Haymarket or Bristow resident and in need of an inexpensive haircut, stop by Hair Cuttery in Gainesville, VA.  N...
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By Ellen Crawford, Alpharetta Real Estate Agents & Alpharetta REALTOR
(US Realty Hub LLC)
Lake Manassas Homes for Sale.  Find Lake Homes in Lake Manassas. Lake Manassas homes for sale.  Find lake homes for sale in Lake Manassas.  Search active MLS listings for Lake Manassas homes for sale, real estate, waterfront properties, lake homes, lake front property with docks and water precedes in Lake Manassas Virginia. Lake Manassas Homes.   Stonewall Golf Club | Wegman's Lake Manassas Lake Manassas is located in  Prince William County Virginia, just west of Washington D.C.  The Stonewall Golf Club which is a daily fee course - is open to the public is located within the Lake Manassas, and nearby is a new Wegman's for all your gourmet grocery needs.   Lake Manassas Homes  - Click Here!
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By Linda Coffey, Your Haymarket & Gainesville Area Expert
(Long & Foster)
Gainesville Virginia - Homes For Sale - Foreclosures and Short Sales – May 2010 The rise in foreclosures and short sales has even touched the homes for sale in the Gainesville VA market. Since September 2008, monthly foreclosure filings decreased by 10 percent across Virginia. Overall, in September 2009, Virginia ranked 17th in foreclosure rate amongst the 50 states, according to RealtyTrac. According to the Virginia Association of Realtors, in the 3rd Quarter of 2009 median sales prices were down by 1.3% over the same period in 2008 while they increased 2.2% over the previous quarter (2nd Quarter 2009). Currently there are 169 Single Family Homes listed for sale in the Gainesville VA MLS in May 2010. 2 Foreclosures (1.2% of current homes) 46 Short Sales aka Preforeclosure (27.2% of cur...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
Heritage Hunt in Gainesville, VA is an upscale, gated community just 30 miles west of Washington D.C. This premiere active adult community is perfect for the discerning home buyer looking for an elegant community to call home. Heritage Hunt residents appreciate the vacation-like setting of the community and close proximity to nearby metropolitan areas. Just a short drive away, the nation’s capital provides numerous cultural attractions, world-class dining, endless shopping and historic grandeur yet there are also numerous special attractions closer to home including boutique and outlet shopping, local dining, excellent healthcare and much more. Within this Washington D.C. area active adult community residents will find a wealth of high-end amenities spread across three spacious clubhous...
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By Lauren Smerbeck
(RE/MAX Executives)
3-10 acre lots available in Prince William County in several communities.  Not listed but developer will co-broke.  Call me for more info. 
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By Linda Coffey, Your Haymarket & Gainesville Area Expert
(Long & Foster)
Gainesville, Virginia - Homes for Sale - Current Market Conditions - May 2010 Real Estate Price Trends The average sold price for a single family home as of May 2010 for Gainesville is $429,788. Home Sales and Demand Trends The average time for a property in Gainesville to go under contract as of May 2010 has been on the market for about 36 days. The average time for a property in Gainesville sold in the last 30 days as of May 2010 has been on the market for about 62 days. Price Per Square Foot The median price per square foot for homes in Gainesville as of May 2010 is about $148. Homes for Sale There are about 168 properties on the market in Gainesville as of May 2010. Linda Coffey, Realtor®Long & Foster Realtors 7526 Limestone DriveGainesville, VA 20155 Licensed in the Commonwealth of...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
As a Northern Virginia Short Sale Listing Agent, I am constantly educating my Short Sale Sellers on the Short Sale process.  From the time I take a Northern Virginia Short Sale Listing, to the day we close, I am talking to my Short Sale Sellers and keeping them informed of the process. You see, unlike a typical home purchase where a Buyer and Seller agree on terms and move expeditiously to settlement, a Short Sale involves a Third Party--the Mortgage Holder(s) of the Property.  The Mortgage Holder is not getting a full payoff of their loan, and therefore, may counter some contract items such as sales price, closing cost assistance requested by Buyer, and even commissions.  And figuring out what the Mortgage Holder will accept takes time.  And most of that happens behind a curtain where ...
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By Linda Coffey, Your Haymarket & Gainesville Area Expert
(Long & Foster)
Gainesville Virginia - Homes For Sale - Foreclosures and Short Sales – April 2010 The rise in foreclosures and short sales has even touched the homes for sale in the Gainesville VA market. Since September 2008, monthly foreclosure filings decreased by 10 percent across Virginia. Overall, in September 2009, Virginia ranked 17th in foreclosure rate amongst the 50 states, according to RealtyTrac. According to the Virginia Association of Realtors, in the 3rd Quarter of 2009 median sales prices were down by 1.3% over the same period in 2008 while they increased 2.2% over the previous quarter (2nd Quarter 2009). Currently there are 173 Single Family Homes listed for sale in the Gainesville VA MLS in April 2010. 6 Foreclosures (3.5% of current homes) 40 Short Sales aka Preforeclosure (23.1% of...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
Loan Modification is a solution to a problem of mortgage affordability.  If a mortgagee is experiencing a financial hardship and needed a lower mortgage payment, the mortgagor may reduce the interest rate of the loan.  However, these modificiations are temporary and often carry terms that the mortgagee may not understand, particulary when it comes time to sell your home.  Let me give you an example.  I recently represented a couple that sold their home to upgrade to a home with more bedrooms.  They were expecting a second child.  And while they were slightly upside down in their mortgage, they had just enough money to bring to the settlement table to make up the difference.  This couple had a very rough two years.  The husband, the sole provider for the family, was severely injured in a...
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By Linda Coffey, Your Haymarket & Gainesville Area Expert
(Long & Foster)
Gainesville, Virginia - Homes for Sale - Current Market Conditions - April 2010 Real Estate Price Trends The average sold price for a single family home as of April 2010 for Gainesville is $392,940. Home Sales and Demand Trends The average time for a property in Gainesville to go under contract as of April 2010 has been on the market for about 34 days. The average time for a property in Gainesville sold in the last 30 days as of April 2010 has been on the market for about 31 days. Price Per Square Foot The median price per square foot for homes in Gainesville as of April 2010 is about $146. Homes for Sale There are about 174 properties on the market in Gainesville as of April 2010. Linda Coffey, Realtor®Long & Foster Realtors 7526 Limestone DriveGainesville, VA 20155 Licensed in the Com...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
Five weeks and a few days may have been what a Gainesville townhouse used to sit on the market for until chosen by a buyer.  Not anymore.  If you are priced right and marketed properly by your Listing Agent, your home can be Under Contract in two days like my latest sellers.  This townhouse hit the market on February 17th, when there was still snow on the ground.  It was priced at $220,000.  Two days later, they had a ratified contract.  Believe it or not, the hardest part of the contract was the seller's fulfilling their home of choice contingency.  It's not so easy to get under contract to buy a house in the Gainesville-Bristow area.  There is a ton of buyer competition. After finding, and going under contract with their home of choice, the sellers cooperated with the buyers' desire t...
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By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
Is That a Bank of America Short Sale Approval or a Hallucination Caused by My Migraine? This has been one of those weeks that tested my resolve as a Realtor®.   There weren't enough hours in the day for me to get all the things done that needed to get done, including hound Bank of America on approving a Gainesville Short Sale whose contract approval deadline was looming on the horizon.  I was thrown two low appraisal issues, one FHA flip problem (uncovered just 10 days before settlement), an FHA renovation loan that has blown past two settlement date extensions, a cooperating agent that seems to be clueless as to what a ratified contract is, an earnest money deposit scare, one settlement that went according to plan and a Bristow townhouse listing that garnered twelve offers in six days....
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