When the recession hit, the US housing market was one of those areas where the effects of the meltdown were most heavily felt. Today, the real estate market is slowly but surely getting back on its feet. This is good news for the many property owners waiting for the right time to sell, but if the property in question is in Virginia, you may have to wait a little while longer. This is because:
Whatever the underlying cause, home sales across Virginia in February were down 7.6 percent from a year before, according to figures from the Virginia Association of Realtors (VAR).
“This year-over-year decrease seems to signal a slowing recovery, but may instead be related to the winter weather events experienced throughout the state,” the analysts said.
But they did not waver from predictions that 2014 will be a good one for real estate in the commonwealth.
“We expect prices to remain stable, as long as inventory increases at an adequate rate throughout the spring,” they said.
The market outlook is promising, although you may have to wait a while longer for more ideal conditions before you can sell. To make the most out of this downtime, why not consider making improvements that will up your property’s resale value? You may be prepared to enter the market at any time, but can you say the same for your property? Make sure you make the most out of the impending sale by ensuring that your house is in the best shape possible. Leesburg roofing services from Mid Atlantic Construction of VA and MD (MAC) are an excellent investment if you want to maximize your returns.
As a part of the local community, MAC understands exactly what homeowners need. They are committed to providing only quality materials and topnotch workmanship when addressing your most pressing roofing needs. All their roofing technicians are licensed and certified and also undergo routine training to ensure excellent service at all times. For the best in Leesburg VA roofing, contact MAC today.
(Article Excerpt and Image from “Va. Home sales post weak showing in latest report”, Leesburg Today, April 11, 2014)