Woodbridge Virginia Homes Sold In 2008 Double Homes Sold In 2007
Prince William County Virginia Homes Sold in 2008 Double Homes Sold In 2007
Shocking!!!
Woodbridge Homes Sold In 2007 And 2008
Homes Sold In 2007: 1,899
Homes Sold In 2008: 4,190
Prince William County Homes Sold In 2007 And 2008
Homes Sold In 2007: 4,577
Homes Sold In 2008: 8,522
Woodbridge home sales jumped 2,291 units in 2008 compared to 2007.
Prince William County home sales jumped by 3,945 units in 2008 compared to 2007.
I'm no math genius, but my calculator says Woodbridge homes sold in 2008 were up 120% over 2007.
Mr. Calculator says that Prince William County Homes sold in 2008 were up 86% compared to 2007.
"But Mr. Erick, Mr. Erick!!! The TV news says real estate sales are 'in a free-fall' and everybody should give up all hope for the future!"
FACT: All real estate markets are local.
Forget about national statistics.
National statistics lump our rebounding market in with places like Miami, Las Vegas, Phoenix, and California, where state-wide sales are WAY down.
What we have experienced since 2005, when home prices exceeded affordability, is what our market has experienced after other super-fast rising home prices episodes since 1946.
This is nothing new, extraordinary, nor unprecedented.
It's normal.
Will we suddenly find ourselves back into another fast-rising market next week? Not according to history.
Prices are stabilizing now.
Next, in a year or two, home values will return to "normal" gains of 3%-4% per year for many years to come before the next market shift into super-fast rising prices. Prices will peak, then fall back for 3-4 years thereafter.
Lather, rinse, repeat.
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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
CLICK HERE NOW to search the Multiple Listing Service (MLS) for homes for sale in and around Woodbridge and Prince William County.
"Hey Erick, I have a question...."
Contact Peggy James or Erick Blackwelder of Erick and Company of Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085(Peggy)703-590-2252 (Office).
Give us a call and we can "GET YOUR HOME SOLD FAST".
You can hire us to sell your home in Woodbridge, Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Gainesville, Garrisonville, and Triangle.
You can hire us to help you buy a home throughout all of Prince William County Virginia. Manassas Park, Haymarket, Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, and Dale City.
Equal Housing opportunity.
