Everyone knows that Virgnia is for Lover's.
Perhaps less known by people relocating to Virginia is that for the past few years Virginia Real Estate has been one of the best investments available for Virginia homeowners. In recent years, in-demand Virginia Real Estate has experienced double-digit gains in market value.
These gains in Virginia Real Estate prices have prompted people to speculate on the existence of a Housing Bubble. While the Virginia Real Estate double-digit gains of the past couple of years are not sustainable over the long term, the National Association of Realtors dismisses any talk of a Housing Bubble. Senior researcher Lawerence Yun says Home prices are firmly grounded in the fundamentals of demand outstripping supply...Mortage rates would have to surpass 9% before home prices flatten out. Indeed, Mr Yun forcasts mortgage rates to be below 7% through 2005 and that Today's lofty home prices will look unimaginably cheap...30 years down the road: a typical home will be around $800,000 to $900,000.
We work with homeowners and home buyers in the Northern Virginia areas of Prince William, Loudoun and Fairfax counties. We specialize in the Prince William county areas of Gainesville, Bristow, Haymarket and Manassas. This includes such sought after communities as Braemar, Victory Lakes, Bridlewood Manor, Saybrooke, Kingsbrooke, Foxborough, Laurianne Woods, Sheffield Manor, Brookside, Amberleigh Station as well as the Haymarket Community of Piedmont.
If you would like assistance buying or selling Virginia Real Estate, you can email me at Frank@NorthVirginiaHomes.com or visit my Virginia Real Estate website. My website is the top-rated Northern Virginia Real Estate site as listed on the Google, Yahoo and MSN search engines.