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Beth Paisley

Market Update

05-08-08
Beth Paisley

Many buyers are seeking more house for their money. It does however involve a longer commute if you have to drive toward D.C. New homes here are large and well appointed. You can also find nice more affordable homes in the well established sections of the county.

There are many homes to choose from! Sellers are understanding of the 'new' market conditions & are ready to sell. We are seeing an increase in viewings and contracts!

It's still very much a buyer's market in Frederick County/Winchester area. The prices in some areas have fallen because of the buyers playing hardball with the sellers and there is a lot of inventory for a potential purchaser to choose from.

Today's buyers are looking for homes that are ready to move into where they would have minimal work to do as far as repairs are concerned. Houses that have been upgraded are guaranteed to sell faster than those without upgrades. For example: Granite, stainless steel, freshly painted and hardwoods are the words the buyers want to hear.

It takes a strong realtor to negotiate well on behalf of a seller to get a good price for their home. In this market it is very important to market each home to their fullest potential.

In 2008, I have been selling my listings faster than most. I am looking for new clients to benefit from my high technology and strong customer service levels.

http://realtytimes.com/112/bpaisley

Market Update

05-02-08
Beth Paisley
Report Date Spring 2008
Nearest Metro Area
Buyers' or Sellers' Market More sellers than buyers
Average Time on Market More than 120 days
Market Trend Increasing
Housing Inventory Good supply - all prices
Average Home Prices $275,000
Compared to last year Down 15-20%
Prices As % of Asking Price 85-90%
Multiple Offers? Yes
Greatest Activity First Time Buyers
Housing Hot Spots Foreclosures are the hot spot. We are getting multiple offers and they are selling within days of going on the market.
Reason to Buy/Sell Job Growth
Other Comments Our market is much more active than the public thinks. They listen to all of the down play from the media. They do not realize that the worst areas are not here. Our job growth is wonderful so we do still have an active market.

Frederick county Va is a Buyer's Market

03-04-08
Beth Paisley

In the first two months of the fourth quarter, 272 jobs were added to the payrolls of Frederick County. As

a result of these new jobs, the average monthly unemployment rate fell from 2.9% during the third

quarter to 2.8% for October and November. The strong employment climate may help to create demand

for home purchases. Favorable mortgage rates should augment this trend.

Q3' 07 Q4' 07

Average Price $294,300 $277,600

# Homes on the Market 1,684 1,491

# Homes Sold 198 219

# New Homes Built 102 57

Avg # of Days on Market 102 114

Posted by MRIS

Relocation Information for Winchester, VA Area

02-14-08
Beth Paisley

Welcome to the top of Virginia! Winchester is located in the northern most part of Virginia, is rich in history is and rapidly growing in technology. Located in the Shenandoah Valley, Winchester played a major part in Civil War battles, is home to many apple orchards and packaging companies, and is the birthplace of country music legend Patsy Cline. These are just a few of the attractions that Winchester has to offer.

Winchester is home of The Shenandoah Apple Blossom Festival, held annually during the first weekend in May. The festival, which has been celebrated for over 75 years, has attracted such celebrities as Lucille Ball, Mary Tyler Moore and Dan Aykroyd.

The public schools in the Winchester and Frederick County areas are at the top of their class in both academics and sports. Over the past five years both the city and county high school athletic teams have competed at state competition.

The real estate market in the Winchester area is booming and new subdivisions are being constructed everywhere to try and meet the demand. With the area's low homeowners taxes and close proximity to Washington DC--for people who work in the city but don't want to live there--everyone is discovering what a great place Winchester is.

Request my Free Winchester Relocation Package. It's packed full of useful and important information about the Winchester, Virginia area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...

Choral musicians perform for Black History Month

02-14-08
Beth Paisley
Two choral ensembles from Shenandoah University will perform at 7 p.m. Friday as part of the Shenandoah Art Council's seventh annual Black History Month Celebration.

The Shenandoah Singers, an a cappella group, and Harambee, a gospel choir, will each perform as part of the Council's weekend performance series. Both are free and open to the public.

Shenandoah Singers is a vocal chamber ensemble designed for students interested in studying repertoire drawn from the popular music tradition. This select ensemble of 8 to 12 singers performs an eclectic repertoire of a cappella jazz, pop, and world music.

The program will last about an hour and will include a punch and cookie reception during intermission.

For more information on this event, call 667-5166 or e-mail info@shenarts.org