Michael Straley Reports Market Conditions!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
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We hear a lot of talk about which months are the most lively ones for getting our listings sold. Many people think the ideal time to put a house on the market is when the azaleas are in bloom and the grass is the greenest. In many parts of the country, the "spring market" is thought of as the real estate industry's Christmas season.
There are important factors that strongly influence the sale of houses. Interest rates, the availability of local employment, tax rates, and the overall economic health of the community all play a large part in determining how quickly homes move and how well the sellers will do at the closing table. Your home may sell quickly during a month when the weather is gloomy but the interest rates are low. Waiting for spring flowers to bloom before planting your "For Sale" sign may improve your home's curb appeal, but may not have as much effect on the sale of your home as interest rates that go up as quickly as your tulips.
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
Michael and Rebecca Straley Capitol Premier Realty Licesed Realtor/Broker in the Commonwealth of VA 701 Kenmore Avenue #220 Fredericksburg, VA. 22401 Office: 540-479-4444 His Cell: 540-834-6263 Her Cell: 540-379-1949 Office Fax: 540-479-4445 All Contracts to : 800-657-0864 Email:: Michael@CapitolPremier.com Email:: Rebecca@CapitolPremier.com
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My goal is to listen, give you facts, and help you make informed decisions. I represent your best interest, there is no pressure, just good old fashion "red carpet" service.
We can move as slowly or quickly as you wish, but first you have to call...or drop me an email and I will take it from there.
It couldn't be any easier. Look forward to the opportunity to serve your real estate needs.
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