Posts tagged Central Virginia real estate market not distressed (yet

Central Virginia real estate market not distressed (yet)

But the markets that are identified by Wells Fargo as being “Distressed” – as opposed to “Soft” (not that bad) and “Severely Distressed” (really bad) – are creeping …Aleandria (City) Arlington County Clarke County Fairfa County Fairfa (City) Falls Church (City) Fauquier County Fredericksburg (City) Loudoun County Manassas (City) Manassas Park (City) Prince William County Spotsylvania County Stafford County Warren County Note that none of the Central Virginia markets are broadly identified as being distressed or declining.I heard a remark this week that Prince William County had been described as Virginia’s Miami – and not because of the comparable weather patterns.  This news reinforces my opinion that if you are a buyer who is well-qualified and planning to be in the area for at least several years, now is the time to buy.  If you’re a seller, price your home aggressively and do not do anything to discourage showings of your house.  Moving forward ….

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