Monthly Archives: June 2009

Homes For Sale ~ Heritage Hunt ~ Gainesville Virginia

Price Reduced!

13709 Longmeade Court Gainesville, VA 20155

13709 Longmeade Court Gainesville, VA 20155

Now Priced At: $249,900!

Single level living at it’s finest in the highly sought after Active Adult Community of Heritage Hunt. This gorgeous patio home boasts 2 bedrooms, 2 full baths, an open and spacious floorplan, and a gorgeous “end unit” lot on a private cul-de-sac!

Don’t miss your opportunity to take advantage of this incredible value! Absolutely the best Real Estate value in Heritage Hunt.

CLICK HERE FOR MORE INFORMATION

“When It’s SOLD In Heritage Hunt, The Butler Did It!”

May 2009 Regional Home Sales

Northern Virginia: May 2009

The Butler Team & RE/MAX GatewayThe Northern Virginia Association of Realtors® reports on May 2009 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.

A total of 1,803 homes sold in May 2009, a 4.6 percent increase above May 2008 home sales of 1,724.

Active listings decreased by 25.17 percent from last year, with 8,050 active listings in May, compared with 10,757 homes available in May 2008. The average days on market (DOM) for homes in May 2009 decreased by 14 percent to 76 days, compared with 88 days in May 2008.

Sales prices continue to remain lower than those realized last year. The average sales price in May fell by 9.5 percent from May 2008, to $433,257, compared with last May’s average of $478,672.

The median price of homes sold in Northern Virginia in May was $375,000, which is a decline of 7.41 percent compared with May 2008′s median price of $405,000.

The number of pending home sales in Northern Virginia in May shows an increase of 22 percent at 2,637 compared to 2,166 in May 2008.

Greater Northern Virginia: May 2009

Sales activity in Greater Northern Virginia (NVAR jurisdictions plus Prince William, Loudoun and the Greater Piedmont counties) for May 2009 shows a very slight decrease from May 2008.

The number of Greater Northern Virginia region homes sold in May was 3,262, a 3.89 percent decrease from May 2008′s total of 3,394 sales. While there may be a slight decrease for home sales in May, the number of pending home sales has increased from May 2008′s pending home sales of 4,305 to 4,782 in May 2009, a 22 percent climb.

The average sales price of $362,327 in May 2009 continues to lag behind the 2008 average by only 11 percent. The May 2008 average sales price was $406,899.

The Butler Team & RE/MAX GatewayAcross Greater Northern Virginia, the number of listings showed a decrease from 2008 numbers, with 15,208 listings active, which is 33 percent less than this time last year, when 22,625 homes were available. The average DOM for a home sold in May 2009 was 80 compared with last year’s 103 DOM, a decrease of 22.5 percent.

“When It’s SOLD, The Butler Did It!”

Pending Home Sales Up for Three Months in a Row

"When It's SOLD, The Butler Did It!"Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of 84.6 in March, and is 3.2 percent above April 2008 when it was 87.5.

Lawrence Yun, NAR chief economist, said buyers are responding to very favorable market conditions. “Housing affordability conditions have been at"When It's SOLD, The Butler Did It!" historic highs, but now the $8,000 first-time buyer tax credit is beginning to impact the m arket,” he said. “Since first-time buyers must finalize their purchase by November 30 to get the credit, we expect greater activity in the months ahead, and that should spark more sales by repeat buyers.”

SOURCE: Northern Virginia Association of Realtors® / Natioinal Association of Realtors®

“When It’s SOLD, The Butler Did It!”

New Appraisal Rules Bad for Consumers and Recovery

When It's SOLD, The Butler Did It! ~ Ed Butler ~ Remax GatewayBeginning on May 1st of this year any home buyer or homeowner getting a new mortgage on their house will be up-charged $150-$250 for their appraisal and generally charged an additional $968 to close their new loan! You mean, you never heard about this? You thought the government was doing all it could to stimulate the struggling housing industry? Guess again!

CLICK HERE FOR DETAILS

“When It’s SOLD, The Butler Did It!”

Patio Home For Sale ~ Heritage Hunt ~ Gainesville, Virginia

Patio Home For Sale In Heritage Hunt

WALK TO THE CLUBHOUSE! Be prepared to be amazed with this 2 bedroom 2 bath patio home located mere steps from the main clubhouse at Heritage Hunt. You get single level living at it’s best in one of the country’s most luxurious active adult communities. Spacious end unit U.S. Homes Oleander model with a 2 car garage. Freshly painted and immaculately maintained, it’s a MUST SEE!

CLICK HERE FOR DETAILS!

“When It’s SOLD In Heritage Hunt, The Butler Did It!”