FBurgNews » Jeff Edmisten http://www.fburgnews.com Fredericksburg's Community News Blog Fri, 10 Sep 2010 16:16:26 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 We are back http://feedproxy.google.com/~r/fredericksburgrealestateblog/lTHW/~3/WNpmcZgVYKA/ http://feedproxy.google.com/~r/fredericksburgrealestateblog/lTHW/~3/WNpmcZgVYKA/#comments Fri, 27 Aug 2010 20:49:37 +0000 Jeff Edmisten http://fredericksburgrealestateblog.com/?p=1124 Some of our regular visitors may have seen that the Word Press software got hacked, and we are in the process of restoring and rebuilding.  The site is pretty much functional as it was before.  I still have some glitches to workout, but the primary features of our site are back up and running.  Thank you for your patience.

The look of the site will probably change in the next couple of weeks, but now we are more worried about getting the tools all working again.

]]> http://feedproxy.google.com/~r/fredericksburgrealestateblog/lTHW/~3/WNpmcZgVYKA/feed/ 0 Contract Chronicles http://feedproxy.google.com/~r/fredericksburgrealestateblog/lTHW/~3/SI2oiiWJ9qE/ http://feedproxy.google.com/~r/fredericksburgrealestateblog/lTHW/~3/SI2oiiWJ9qE/#comments Fri, 30 Jul 2010 16:28:08 +0000 Jeff Edmisten http://fredericksburgrealestateblog.com/?p=1062 Over the next few weeks I will be discussing parts of the Regional Sales Contract that is the primary document used to create a binding contract for the sale and purchase of real estate in the Fredericksburg real estate market.  There are documents that can be used as a substitute to create a purchase contract, but this is the one that is most often used.  The specific document is Regional Sales Contract, document number and version is: NVAR-K1321-Rev 03/09.

My goal with this discussion will be to provide some insight and education regarding the nuances of the purchase contract and how it pertains to those looking to purchase a home for sale in the Fredericksburg real estate market.  In this discussion, I will attempt to highlight situations from both the buyer and the seller standpoint.  So, check back soon and read the discussion.  Feel free to submit questions and participate if you wish.

But, and this is very important…

Nothing I say or write on this blog, or in this discussion is intended to be construed as legal advice.  I am a Realtor, not an attorney, and as such can offer no legal advice.  For legal advice I recommend you consult a licensed real estate attorney.

]]> http://feedproxy.google.com/~r/fredericksburgrealestateblog/lTHW/~3/SI2oiiWJ9qE/feed/ 0 Real Estate Transaction Report – July 28, 2010 http://feedproxy.google.com/~r/fredericksburgrealestateblog/lTHW/~3/PI9vsZI4Ozc/ http://feedproxy.google.com/~r/fredericksburgrealestateblog/lTHW/~3/PI9vsZI4Ozc/#comments Wed, 28 Jul 2010 19:17:34 +0000 Jeff Edmisten http://fredericksburgrealestateblog.com/?p=1059 This report encompasses the last seven days real estate sales in Fredericksburg City, and the counties of Spotsylvania, Stafford, King George and Caroline.  Caution, weekly data is for informational purposes only.  A larger snapshot is required to understand market trends.  Visit previous weekly transaction reports or email us for better trend data for a particular area.

Spotsylvania

Homes Sold:  17
Average Sales Price: $241,059
Average List Price: $252,618
Average Days on Market: 44

Stafford

Homes Sold:  27
Average Sales Price: $279,070
Average List Price: $290,467
Average Days on Market: 33

Fredericksburg City

Homes Sold:  0
Average Sales Price: $244,813 (number reflects last week’s data)
Average List Price: $252,200 (reflects last week’s data)
Average Days on Market: 77 (reflects last week’s data)

King George

Homes Sold:  5
Average Sales Price: $228,580
Average List Price: $238,360
Average Days on Market: 42

Caroline

Homes Sold:  2
Average Sales Price: $100,450
Average List Price: $102,200
Average Days on Market: 16

Statistics obtained from MRIS

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