February 2012

There are 3 blog entries for February 2012.

The Open House Issue from Lakewood Ranch Country Club East to Great Falls Virginia

Guest Post by Marc Rasmussen: 

Many home sellers automatically assume that their realtor will be holding one or several open houses as part of the marketing strategy to sell their home in Great Falls Virginia. In fact, most sellers become frustrated if their realtor doesn't schedule at least one open house shortly after they sign with the agent and the home is listed on the market. But if a home owner is wondering, why isn't my realtor doing open houses, it may simply be because the realtor is a savvy professional who knows that doing open houses does little to help sell the property. Research proves that open houses are responsible for only one in every hundred home

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The Bottom for Great Falls VA Real Estate was 2011

I thought it would be worth pointing out that prices in Great Falls have bottomed out in my opinion.   The biggest correction of course was in the upper quartile as you see from the graph below.  But once it corrected it's been flat ever since.  I would add the other quartiles but they are as flat as the median prices so no need to have too many lines on the graph.  Busy charts are distracting. 

great_falls_real_estate_market_bottoms_out_2011-2012_622

market_update_2012_great_falls_real_estate_591

And we see January off to good start with more Great Falls homes for sale closing or fully under contract than past few years.  Any fence sitters...I'm not saying the prices are about to rise.  But I don't see them falling anymore . 

What Really Matters More than the Market Trends for Great Falls Real

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