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Lake Ridge, VA Real Estate News

By Art Kruschka, Manassas Woodbridge Dumfries Real Estate Sevices
(Administrative Manager)
aka Commuting Bumper Car Syndrome. When the alarm clock gives the "Get outa' bed signal" folks in Northern Virginia perform two critical acts. Grab a cup of coffee and Turn on the TV or radio to hear the traffic reports. It is an unusual morning when there isn't a fender bender somewhere along the I-95 corridor that may slow traffic and increase commuting time Correction - This is the morning ritual of those who drive to the Pentagon, Washington, DC or other National Capital Area work centers. On the other hand, people who ride to work on Potomac and Rappahannock Transportation Commission (PRTC) buses can take a more relaxed posture. After all, they can sit back and Read Listen to radio or recorded music Sleep and leave any driving frustation to the bus driver The good news is that it ...
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By Art Kruschka, Manassas Woodbridge Dumfries Real Estate Sevices
(Administrative Manager)
About Lake Ridge, Woodbridge VA Lake Ridge is one of the ten largest subdivisions in the United States.- 38,000 residents- 7,000 + residences- 4,400 acres- 1,200 acres of it are treed common ground- located on the 2,100 acre Occoquan ReservoirLake Ridge detached homes with a garage sales prices are 11% higher when compared to the same period in 2009 Lake RidgeWoodbridge, VA Garage Detached HomeMarket Report Homes Sold and Settled Year-To-Date 2010 Vs. Total Year 2009 2009 2010 +/- % Number of Homes 82 56 Average List Price 335,396 374,071 +12% Average Sales Price 331,957 367,318 +11% Seller Contribution -4,924 -5,399 +10% Net Sales Price 327,033 361,919 +11% As of 7/22/2010LAKE RIDGE DETACHED HOMES FOR SALE LAKE RIDGE TOWN HOMES FOR SALE COMMUTING Express bus service to the Pentagon an...
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By Tamara Inzunza, Close-In Alexandria and Arlington Living
(Realty One Group Capital)
The Beauty of Lake Ridge Park | Hidden Treasures and Close To Nature Lake Ridge Park is located just five mintues away from 12505 Trotter Court! Wouldn't it be great to have this as your back yard?
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By Cindy Jones, Pentagon, Fort Belvoir & Quantico Real Estate News
(Integrity Real Estate Group)
Everytime a Northern Virginia buyer sees these remarks in the MLS: “Must use seller selected settlement company” “Seller to determine settlement company” “Short sale being professionally negotiated by XYX settlement company and buyer must use for settlement”  They ask why can't I use my own settlement company?The answer is you can! Now an update to our Virginia Jurisdictional Addendum spells out a Virginia buyer’s right to choose even more clearly than before: “The Provisions of the Consumer Real Estate Settlement Protection Act (CRESPA) may not be varied by agreement and rights conferred by this chapter may not be waived.  The seller may not require the use of a particular settlement agent as a condition of the sale of the property.” The "requirement" seems to be most prevelant among s...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
                            Stunning Brick Front townhome with hardwood floors and over 2400 finished square feet can be yours! That is if you act quickly. Call Erick and Company today to see this home 703-590-2252. The home backs to a pond which provides a peaceful view, watch the Canadian Geese, the Blue Heron and the Ducks. Take the local Omni Bus to work or Potomac Mills Mall. Walk to The Glen Shopping Center, where you will find Panerra Bread, Starbucks, McDonald's, Subway, The Original Steak House Sports Bar, Five Guys, Safeway, among others. Walk to the Chin Center and the Library. This home is in a great location just off the Prince William Parkway.   Take a Tour Right Now Four Bedrooms, Three and half baths. Huge Single Family Style Kitchen with Island. The home is being sold b...
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By Konnie Mac McCarthy, Broker/Owner - VA & MD "Time To Get A Move On!"
(MacNificent Properties, LLC)
     Haymarket, Virginia Homes For Sale: Dominion Valley  is a gated golf course community in Haymarket, Virginia. It's beautful back drop of the Bull Run mountains, and it's great location (close to route 66) makes Dominion Valley... a great place to call home. There are curently 34 Active single family homes on the market in Dominion Valley ranging in price from $319,000 to $974,681, 28 homes under contract and 9 have sold in the last 30 days. For more information on homes for sale in Dominion Valley, call me..Konnie Mac 703 407 7088 or  search for homes using my NO STRINGS, mls search        SELL A HOME....CLICK HERE BUY A HOME....CLICK HERE    Your Northern Virginia Realtor 703 407 7088 Konnie Mac FREE No Strings attached... search MLS to to www.KonnieMac.com Realty Direct, 44075 Pi...
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By Pat Fenn
(Marketing Specialist for CJ Realty Group/Cindy Jones Broker )
The last few days in Lake Ridge have been a reminder that fall weather is on the way.The fall activity calendar has been published by the Lake Ridge Parks and Recreation Association.Residents can enjoy the following events throughout the coming months.Lake Ridge Yard SaleSeptember 2612530 Oakwood Dr (Parking Lot)8 AM to NoonFall FestivalOctober 3112298 Cotton Mill Dr10 AM to 2 PM Wine Country Bus TripNovember 149:30 am to 7 PMTurkey Trot 5K Walk and 10K Run12350 Oakwood DrHilly course for all ages and levelsFor more information on these events and other happenings in Lake Ridge head to the Lake Ridge Parks and Recreation Website.If you want to make Lake Ridge your home then give Cindy Jones a call at 703-346-2213.  Check out our current listings in Lake Ridge.
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By Patty Blackwelder Intake Officer
(Chase Residential Solutions)
  If you purchased a Second Home or Rental Property in Woodbridge Virginia area the past five years you are most likely underwater if you took a mortgage on it.  Some are asking themselves "What was I thinking when I purchased this" now that property values have dropped to unthinkable lows.  You may be even thinking of walking away but there is another option. There is a myth out there that you cannot get a loan modification on an investment property. The bank does not care if it is an investment or a primary residence when it comes to foreclosure. They do not want to own another home they want a producing asset on their books. It's all about the numbers to the bank. Each homeowner who stops paying their mortgage is of great concern for the bank. Most consumers are good hard working peo...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
 The Lake Ridge Virginia Area Market Report May 2009   Active Homes On The Market 118    201 Under Contract -    14 Closed So Far This Month    2.5 Months Of Inventory currently available. Number Of Homes Closed Last Month In The Lake Ridge VA Area   58 Homes Settled in April 09    65 Homes Closed in March 09    57 Homes Closed in February 09    50 Homes Closed in January 09 The statistic's  above represent this map area.View Lake Ridge Area Map in a larger map When I refer to the Lake Ridge Virginia area, I am including surrounding subdivisions such as Crestridge, Lynnwood, Westridge, Old Bridge Estates, Park Center, The Glen and River Falls and Coventry Glen   Erick Blackwelder my partner says it best "It's Official: The Buyer's Market Is Over, Finished, Kaput..." Read more   If you a...
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By Laura Evans, The Evans Team
(Berkshire Hathaway HomesServices PenFed Realty)
Looking at Lake Ridge, we may be turning a corner. Our zipcode of 22192 has currently listed 75 Detached single family homes available. Of those, only 26% are foreclosures or short sales. Townhomes are a bit higher at 55%. This is remarkable based on what we saw throughout the past two years. The word is getting out and banks are working with people. With a total of 143 properties on the market in Lake Ridge we are now at only 2 months of inventory. Maybe it is a good time to sell a home. It certainly is a great time to buy in Lakeridge Virginia. Low pricing, no hassles with bank addendums or waiting on third party approvals. 61% and growing is the total amount of owner offerings available to those looking to locate here. That number was close to only 10% this time last year. This is gr...
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By Claudia S. Nelson, Local Expert Making a Difference!
(eXp Realty )
    Buyers from all over the area discovered how nice Lake Ridge is. At the moment there are more buyers for the lower priced foreclosures then inventory available on the market. Townhouses priced below 150 k are being sold in record time and mostly well above the listing price. Earlier I run a couple of reports to look at some numbers to see exactly what is going on. Over the past 60 days a total of 35 town-homes sold in Lake Ridge and the average time on the market shows at 39 days. I was drilling into the numbers further, especially because over the past couple of month whenever my clients made offers on a Lake Ridge Townhouse they were in very good company. Most Townhouses in good to decent conditions had 10 + offers after only a few days on the market. My findings: $ 1700 Seller su...
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By Claudia S. Nelson, Local Expert Making a Difference!
(eXp Realty )
  The official start of spring was on Friday, March 20 and this means we are getting closer and closer to the opening of the spring season events in Lake Ridge. Living in the wonderful Lake Ridge community you and your entire family can be out and about enjoy the weather and more important all the events the Lake Ridge Association offers. The spring season officially starts with some fun events for the kids but also adults: Ridgewood Pool Fish Out Description: Ridgewood Pool will be stocked with 700 rainbow trout for their Ridgewood Pool fish Out, which begins on Friday, April 3 at noon and continues through April 11.  Location: Ridgewood Pool near 12350 Oakwood DriveWhen: Friday, April 3rd at 12:00 PM Doesn't this sound like a great past time not just for the dad's but also the kids! D...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
Spring has officially arrived when Nathan's Dairy Bar in Manassas Virginia opens for the season. Last weekend my husband and I did our normal routine. We typically head up to Manassas Virginia for a quick bite to eat at Tony's Pizza on the weekends. If you've never tried Tony's you are missing one of the best kept secrets in the entire area. Walk into Tony's and the aroma of Pizza and Pasta and wonderful fix-ins waft in the air.  You place your order at the counter and within minutes your number is called.  Don't overlook the Steak-n-Cheese Subs....YUM!  We have never a bad meal at Tony's. Check out the menu. Acutally it's one place we can count on over and over again to be perfect everytime. No frills, no table clothes, just great food. If you see a line...not to worry it's always move...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
No phone, no email, just one week of total relaxation. My vacation was wonderful and what made it even more relaxing was knowing that my clients and customers were well taken care of while I was gone. That's the beauty of working with a Real Estate Team  like Erick and Company in Woodbridge VA.There is always someone here to answer your calls and assist you with your real estate needs at all times. When you need help buying or selling in the Woodbridge-Lake Ridge Virginia area call the Realtors who will work hard for you every step of the way. Given the current state of the economy we opted for a more  economical approach to a vacation this year. My husband Bill and I love sunny destinations.  We normally stay in four or five star high rise hotel. Not this year. We choose a timeshare r...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
Do you hire your Realtor based on commission? Interesting.... In today's real estate it is far more technical than placing your listing in the MLS, placing a sign in the yard and praying for a buyer to come. St. Joseph Statues have sold out everywhere and homes still sit. Many homes today that go on the market Expire with no offers. Today's real estate demands a strong online presence! Your home must be easy to find when a buyer does an online search? Not just on one site, it should be on dozens of sites. When your first thought is "commission" when beginning to start your Realtor search - You are already starting out at the bottom of the list. Think of it this way.  Most Top Producing Realtors would never consider discounting their commission. My position is this, if the Realtor you hi...
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By Jen Vollmer, CDPE
(Avery Hess Realtors)
Please join Avery-Hess Realtors on Saturday December 13th from 11am - 2pm as we offer Pictures with Santa Claus! There will be cookies, juice, holiday music and much, much fun for your family! Pictures will be taken and printed on-site at our Lake Ridge location: Avery-Hess Realtors 13000 Harbor Drive Woodbridge, VA 22192. Again, this is free to the community! So please join us!!
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
*not affiliated with Master Card. The owners of this home tried to sell the home for many months For Sale By Owner.  They paid good hard earned money  to a For Sale By Owner Company for a MLS Listing and the hopes of saving a few thousand dollars without the help  of a Realtor.  When I saw their home, I knew it was a beauty.I asked if I could write a Blog Post about their home, to see if I could help them out. Here is what I wrote, you will notice this was the second ad I had done for them FREE of charge. When they lowered the price from $549,000 to under $500,000 they felt sure they would get offers. They had a few more showings however no offers. When time was running out prior to their move. They called and asked to talk.  Do you know what the problem is? I said I do, it  not price,...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
 Help for local Lake Ridge, Woodbridge Virginia area homeowners who need to Sell:You've just learned you need to sell your home. Oh no..you've put so much work into the house. Now you have to sell. Questions will surface in your mind fast like flash cards: Did I upgrade to much? Will the market be kind? Or will I have to lower my price to meet the market? I'm worried...will I have to give my house away? Is it better for me to consider renting it? Should I try to sell it myself? Do I have enough equity? What do I have to do to get it ready to sell? Who do I call?  All these questions surface so quickly..panic begins to set in.....      STOP:  Take a deep breath.    "Don't worry about the closets right now..."    Start By Checking to see what neighborhood homes are selling for right now.....
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
When people are getting ready to move, many times they ask me. Can I take my perennials. I typically advise on a case by case basis. Typically I don't recommend it ,if you are going to disturb the landscape. Remember street appeal is what draws a buyer to your home. However if you do intend to remove some of your prize possessions, please let your Realtor know so that there is full disclosure. I always recommend you divide them and pot them and get them ready for the move ahead of time. That said, if you are this month fall is the best time to think about rooting your Roses. ( also the Crepe Myrtle's) In fact I did my Crepe Myrtles a few weeks ago and I was amazed at how easy it was. They are doing great. I actually have three big pots filled with starter Crepe Myrtles! Wow! As you can ...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
Are you curious about what's happening to Real Estate in  Westridge?  Well the good news is we do not have a lot of Foreclosure Activity. That is certainly something to be thankful for. Compared to other communities in the area, Westridge continues to be a sought after community to live. Take a look below at the most recent statistic's from the Multiple Listing Service. This activity represents homes listed and sold since June 2008. (note: appriasers will only look at home sales that have closed in past 3-6 months to determine value)  Status: ACTIVE (17) Homes Available For Sale Right Now in Westridge     List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built Min $218,000 3 3 2 0 17 17 1,599 1987 Max $699,999 5 4 3 2 495 495 45,899 1994 Avg $390,382 4 4 3 1 129 144 10,359 1988 Stat...
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