Northern Virginia MarketWatch - January/February 2010
Average Number of Days on the Market
With an increased number of buyers and a drop in inventory, we have seen a bit of an increase in "urgency."
Homes priced less than $500,000 are selling in about half the time as they did this time last year, another indication that there has been significant improvement in the market.
Homes priced more than $1,000,000 have not seen much of an improvement in time on the market, since there is still plenty of inventory relative to demand.
If you have plans to buy or sell, now is the perfect time to start preparing for the busy Spring Market. Call me today for up-to-date information on our ever-changing market! I look forward to helping you with your next transaction.
Spring is just around the corner! With the recent record snowfalls, inspecting your house has never been more important! Here's a great checklist for March. If you are considering a new roof this year, ask your contractor what roofing options are available to help protect your home from winter ice dams.
Check for damage to your roof, chimney, gutters & downspouts
Check all the fascia and trim for deterioration or ice damage
Replace your furnace filter
Clean the kitchen exhaust hood and air filter
Always have a multi-purpose fire extinguisher accessible in the kitchen
Clean clothes dryer exhaust duct, damper, and space under the dryer
Make sure the light bulbs in all your fixtures are the correct wattage
Consider installing a lightning protection system on your home
Protect all your electrical appliances from power surges and lightning
Run through a severe-weather drill with your family
Repair all cracked, broken or uneven driveways and walks to help provide a level walking surface
Check the shutoff valve at each plumbing fixture to make sure they function - don't forget the washing machine
Replace all extension cords that have become brittle, worn or damaged
Change batteries, inspect and clean dust from the covers of your smoke and carbon monoxide alarm.