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November 27, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Fairfax, Virginia

Reported by Mary Hovland & Cathy DeLoach, Mary Hovland, CPA

Updated November 13, 2009.

Current Market Rating: 3




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Buyer's

Seller's

Current Price Trend: 4




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Falling

Rising

Year to date, 51 single-family homes have settled in Kings Park West with another 14 under contract. There are currently only 3 homes on the market. This is low even considering the time of year. Homes that are priced and presented well still move quickly. Buyers are attracted by the strong affordability factor that now exists in this area. The combination of lower prices and lower interest rates make purchasing a home more comfortable at today's wages. In addition, the tax credit for home purchases is a strong incentive. It has been improved and extended to April 2010.

ZIP Code: 22032

Approximate Location Boundaries: Kings Park West

Location Characteristics: Kings Park West is a neighborhood of over 1,800 homes located a few miles west of the Capital Beltway. It has serpetined-line streets, neighborhood schools as well as neighborhood pools. Lake Royal is a Fairfax County Park nestled amoung the homes that includes a two-mile jog/walk trail, fun-filled playground, ball fields, plus tennis and basketball courts. You will find neighbors fishing, out for daily walks or picnicing by the lake. Great public transportation options include Metro-bus stops sprinkled throughout the neighborhood as well as a VRE station close by. Great shopping, community activities, and a friendly atmosphere are all a part of King Park West's desirability!

For More Information:

View Market Conditions of other areas served by Mary Hovland & Cathy DeLoach

Navigate: Top > Virginia > Fairfax

About Mary Hovland & Cathy DeLoach:
Mary Hovland has been a Kings Park West Resident since 1991. Her background includes earning her designation as a certified public accountant as well as her masters in business administration. These experiences bring a wealth of knowledge that she can put to work for her clients. And, Mary walks the walk….she worked in public accounting, holds numerous community volunteer positions and keeps staying in shape a priority!
Detail oriented and organized, Mary will help to take the worry out of the equation. In addition, Mary knows no stranger and truly enjoys working with clients whose relationships continue long after the transaction!
Cathy DeLoach is not only a native and life-long resident of Fairfax County but can trace her family roots here back generations. Having attended Robinson Secondary School, she later brought her own family back to live in Kings Park West in 1999.
Cathy’s real estate education started early. The second of five daughters born to local builder, Charlie Besley, Cathy’s earliest days were spent on construction sites watching her father build custom homes. Dinner discussion frequently centered on settlement dates and escrow accounts between her father and his wife, a real estate agent herself.
Embracing the family business, Cathy enjoys a successful real estate career herself and takes great pleasure in sharing her extensive knowledge of Fairfax County with her clients.



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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