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  CONDITIONS™
By Local Real Estate Experts  

Market Conditions for Frederick, Virginia

Reported by Jim Spring, Realtor

Updated December 18, 2010.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

As we head into the new year market prices continue to be low. Next year should bring a little more stabilization in the market values but foreclosures and short sales will still continue to keep prices from increasing substantially. The demand for home purchasing is still abundant but the financial problems of Fannie Mae and Freddie Mac plus government involvement appear to have placed a damper on qualified buyers obtaining mortgages.


Company: RE/MAX Team Realty
Phone: 540-868-9240
Email: JimSpring at remax dot net

Navigate: Top > Virginia > Frederick

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

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