Northern Virginia Real Estate Blog: Carolyn Capalbo, Northern VA REALTORŪ - Blog Archive: April, 2010

Get the latest news and area information about the Northern Virginia real estate market from top Northern VA REALTORŪ; Carolyn Capalbo.

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April 2010

There are 1 blog entries for April 2010.

Still a Seller's Market below $400,000 in Northern Virginia

Thursday, April 1st, 2010 at 9:54pm. 503 Views, 0 Comments.

Seller’s market continues in Northern Virginia.  As the spring market heats up, we are still facing an inventory shortage here in Northern Virginia.  First time home buyers have less than 30 days to find and contract on a home to have a chance at qualifying for the tax credit.  Many step up buyers also face the clock to qualify for possible tax credits.  In addition, lending is getting tighter and tighter.  FHA guidelines are changing and requirements for homebuyers are becoming more challenging.  If you are purchasing a home and have not reviewed your qualifications in the past week or two, it is imperative that you do so to confirm your qualifications.  With local inventory still so dramatically low below $400,000, it is very important…

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