Williamsburg: The Real Estate Market is coming back
Aug 20th, 2008 by admin
Personally, I have a gut feeling we’ve seen the bottom of the market. The vast majority of the bad loans written by the banks should be through the foreclosure process this year. 2009 may just take off very quickly. In my 10 years as a Realtor in Williamsburg, I’ve seen January as a big month about 70% of the time.
The homes in Fords Colony, Kingsmill and Governors Land at Two Rivers are pretty stagnant at this point. Homes under 400K are still moving and under 300K are selling at a brisk pace.
Once those homes in NY, CT and NJ start to sell, we will see demand for homes in Williamsburg skyrocket.
Any questions, comments, just give me a call or drop me a line.
Troy Deierling, Realtor
EXIT Realty Deierling & Assoc.
www.RealEstateWilliamsburg.com
www.WilliamsburgBroker.com
