The Fredericksburg housing market remains very active to begin the last quarter on this year. Usually home sales decrease following the summer season. Not this year. Low inventory and the high demand of buyers continues to drive our market.
Our Fredericksburg real estate market has a very low supply of homes. The demand is still high. Add the fact that interest rates remain low and the sellers rule.
If you are in the market to buy a home in this current market, be aggressive. Your first step should be to find an aggressive REALTOR to assist you with finding that perfect home. Contact your lender and get pre-qualifed to purchase and learn the amounts you qualify for. Your lender will provide you with a step by step to do list. Meet with your family to determine what, when, where and how you will determine your target home search. Get prepared. Once you locate a target home, time is of the essence.
By: Tom Smith
Associate Broker, Century 21 Adventure Redwood