Woodbridge Virginia Real Estate News: October 2008

Don't Sell Your Home When You Buy Your Next Home In Woodbridge....  Keep It And Rent It

Over the years, and decades I have been selling homes in Woodbridge Virginia, I have encouraged folks to keep the home they have now as an investment property, and move forward to their next home.

Woodbridge real estate has been a strong and stable investment over the long haul.

I have not yet met anyone who got burned owning a home in Woodbridge for 20+ years.

For example, I have helped a ton of military families buy homes early in Northern Virginia. 

Young officers who choose to make their military service a career can bet their bottom dollar that they will rotate in and out of the area as they advance.

Three or more tours of duty in this area over a 20+ year military career is a common scenario.

Why would you sell when you know you'll be back?  Keep it and rent it to someone when you rotate to a field assignment, and you'll have a home waiting for you when you come back to the DC area.

Moreover, getting back on topic, you might need a larger home when you come back to DC. 

Well, if you keep your first home rented, you can qualify for a mortgage you can use to buy a larger home as your family grows and changes.

Opportunities Are Everywhere...We Can Help You Find Your Dream Home.

Erick Blackwelder or Peggy James of Erick and Company - Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252  list your property for sale or to  purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany,  Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.

Equal Housing Opportunity

Lynnwood In Lake Ridge Offers You A Taste Of Country Living Without The Long Drive

When home shoppers drive neighborhoods around the Woodbridge Virginia area their jaws drop and their eyes pop out when they find the stately homes on large wooded lots in Lynwood.

Lynwood is a sub-section of Lake Ridge on the western side of Woodbridge.

Lake Ridge is a premier planned community of established homes, with five community pools, clubhouses, a golf course, a lakeside park, and four shopping centers.

Most of Lake Ridge is a mix of single family homes on quarter acre lots, and large townhomes in small clusters surrounded by park land.

Lynnnwood breaks the pattern by offering large executive homes on half acre to one acre wooded home sites.

Homes in Lynwood were built in the early 1980's.  Lynwood homes have reached the age when owners have updated heat and AC systems, replaced the rooves, renovated kitchens and baths.

Homes in Lynwood have sold this year for prices $480,000-$509,000.

Sign up for FREE ALERTS on our Website at http://erickandcompany.com/search-for-homes.asp

That way you'll never miss the house you really need.

Opportunities Are Everywhere...We Can Help You Find Your Dream Home.

Erick Blackwelder or Peggy James of Erick and Company - Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252  list your property for sale or to  purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany,  Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.

Meadowbrook Woods Between Woodbridge and Manassas Offers Lovely Homes On Large Wooded Lots

Is Meadowbrook Woods a community just outside Woodbridge, or just outside Manassas?

The mailing address for Meadowbrook Woods is Manassas, but it's so close to Woodbridge it makes it hard to decide who can claim this lovely gem.

We've helped a lot of nice folks buy and sell homes in Meadowbrook Woods, and the experience has been delightful for us, as well as the folks we help buy or sell.

Buyers are attracted to the roomy, well-built homes, on large wooded homesites.

Sellers like the fact that Meadowbrook Woods is a highly sought-after community for home buyers who want newer homes, with sexy features, and mature landscaping.  Homes in Meadowbrook in fast markets and slow markets.

Meadowbrook Woods offers you a community pool and clubhouse for summer fun.  When I drive through the neighborhood on a nice day, I see folks out walking, running, or doing a little yard work.

Click here to see Active homes for Sale in Meadowbook Woods

Sign up for FREE ALERTS on our Website and you can get the newest, freshest listings of homesfor sale in Meadowbrook Woods, or anywhere you choose in Northern Virginia  click herehttp://erickandcompany.com/search-for-homes.asp

That way you'll never miss the house you really need.

Opportunities Are Everywhere...We Can Help You Find Your Dream Home.

Erick Blackwelder or Peggy James of Erick and Company - Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252  list your property for sale or to  purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany,  Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.

Equal Housing Opportunity

Woodbridge Virginia real estate sales have been fast and furious this year. 

That's right, I said fast and furious.

"But Mr. Erick, the news reports say homes aren't selling."

As usual, the media is one year behind the curve.

In fact, homes are selling all over Prince William County.

Here are the numbers

As of September 30, there were 3,380 homes actively for sale across Prince William County.  Way down from the 7,000+ that were for sale one year ago.

There were 1,652 homes SOLD in September.  Yes, 1,652 homes went under contract in September.

Only 992 new listings were added to the market in September.  Only 992 homes were put up for sale in September.

Opportunities Are Everywhere...We Can Help You Find Your Dream Home.

Erick Blackwelder or Peggy James of Erick and Company - Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252  list your property for sale or to  purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany,  Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.

Equal Housing Opportunity