MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION

Ok I am updating this report a couple days early this week. Things have slowed down at Fairfax Ridge. Thats a good sign because the only thing that has been selling here is short sales and bank owned properties.

Surprising stat: Only 1 regular sale at Fairfax Ridge this year.

There is only 4 condos on the market. 3 of them...

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION

No good updates this week. No closings in the past week and there are still ALOT of short sales at Fairfax Ridge under contract.

What could be very beneficial for buyers looking here, is to get all the there financing ready and hope that one of these short sales come back on the market. Since most of these short sales have already started...

My PenderbrookHome.com

Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA

INTRODUCTION

3 months left to get your $8,000 tax credit. Contact me today if you are thinking of buying in Penderbrook or another area.

Sellers, now is a great time to sell. There are lot of buyers desperately trying to get homes. Most every home priced correctly will have multiple offers and over asking price offers....

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION

Want to know how crazy this market is right now.... I just had a buyer make an offer on a condo, sight unseen! and he is planning on living in the unit. Things are going very fast !

There are only 4 active condos at Fairfax Ridge. Lets look closer. 1 is strictly an investment condo. It has a renter and is a short sale. So the investor...

My PenderbrookHome.com

Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA

INTRODUCTION

Well we had our first short sale go through here in Penderbrook in a couple months! There are still quite a few under contract that are taking a few months. I probably will start keeping track of the days it took to push the short sale through. The one that just closed took 4 months and 8 days.

There are...