Realty Times - Fredericksburg, Virginia Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Fredericksburg

Market Conditions Summary for Fredericksburg, Virginia

Reported by

Tony Ward
as of 1/28/2012:

"Existing-home sales have bounced around this year, staying relatively close to the current level in most months," he said. "With rising jobs and excellent affordability conditions, we project moderate improvements into 2012, but not every month... MORE->
About Tony Ward

Reported by
Alicia Angstadt
as of 1/12/2011:

The Fredericksburg housing market is still a Buyer's market, due to the increased amount of short sales and foreclosures (REO). Funding is still around for those who qualify. Our office has an increase in first time homebuyers and CASH investors.... MORE->

Reported by
Mark Geslock
as of 5/2/2010:

Sold prices have increased by 6.8%. 170 active listings with 13 sold. From: 03/01/2010 to... MORE->

Average Current Market Rating: 2.3 (3 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 3 (3 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Virginia > Fredericksburg

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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