Realty Times - Lake Ridge, 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 > Lake Ridge

Market Conditions Summary for Lake Ridge, Virginia

Reported by

Vi Turner
as of 1/16/2010:

Our resale market has definitely heated up with short sale and foreclosure properties moving fast. Real Estate Investors are back in the market. It is a great time to buy. More normalcy seems to be returning to our Real Estate... MORE->
About Vi Turner

Reported by

Tony Ward
as of 10/13/2009:

Lawrence Yun, NAR chief economist, said pending sales contracts have picked up notably in areas undergoing significant price drops. "Bargain hunters have entered the market in masses, especially in areas that have experienced double-digit price... MORE->
About Tony Ward

Average Current Market Rating: 2.5 (2 ratings)

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

Average Current Price Trend: 3 (2 ratings)

1	2	3	4	5
Falling			Rising

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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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