Penderbrook

Penderbrook Townhomes and Condos Weekly Sales Report 10/15/09 - 10/22/09 Fairfax

My PenderbrookHome.com

Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA

INTRODUCTION

We are your neighborhood specialist. What does this mean? We have been helping you buy and sell homes in the Penderbrook neighborhood for years. This website is a reflection of our time spent for you. We hope this site allows you to make the best decision as to when is the best time for you to buy or sell. We gets lots of activity on this site and its a very good marketing tool for your home.

We have a one bedroom condo in Penderbrook Square coming on the market in 1-2 weeks. This website is the first to know about it. It is in excellent condition and will be listed at $130,000. This translates to $1,150 a month mortgage with $4,550 as your downpayment. If you or someone you know has any interest email me. You can be the first to see it.

We only have 3 TH on the market here at Penderbrook and they have been on the market for a while. They are still priced to high for this market right now but the sellers are relectant to bring the price down.

If you have any questions or would like to find out how much your home would sell for right now
Contact me

As of today (October 22, 2009 11 AM) there are 18 active homes in Penderbrook and 22 homes that are currently under contract and 6 homes that have sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:

Townhomes- 3 active

3 regular sales


Condos - 15 active

1 bedroom condos - 3

2 bedroom condos - 8

3 bedroom condos - 4

Heights at Penderbrook (Condo/Townhome) - 6 condos
Penderbrook Square (Condos)- 7 condos

NEW LISTINGS

According to MLS, there were 3 new listings this week.


UNDER CONTRACT

According to MLS, there are 19 Condos and 3 townhomes under contract.

Condos

12163 Penderview #1022 - 1bd/1ba (0 DOMP)

12151 Penderview Ln #2027 - 1bd/1ba (638 DOMP)

3909 Penderview Dr #1932 - 1bd/ 1ba (9 DOMP)

3912 Penderview Dr #538 - 1bd/1ba (63 DOMP)

3903 Penderview Dr #1506 - 1bd/1ba (59 DOMP)

3908 Penderview Dr #606 - 2bd/1ba (34 DOMP)

3904 Penderview Dr #735 - 1bd/1ba (15 DOMP)

12156 Penderview Ter #120 1bd/1ba (0 DOMP)

3911 Penderview Dr #1905 - 2bd/1ba (57 DOMP)

3807 Green Ridge Ct #102 - 3bd/2ba (6 DOMP)

12101 Green Leaf Ct #201 - 2bd/2ba (108 DOMP)

3914 Penderview Dr #504 - 2bd/1ba (148 DOMP)

3904 Penderview Dr #708 -2bd/2ba (11 DOMP)

12101 Greenwood Ct #102 - 2bd/ 2ba (5 DOMP)

3914 Penderview Dr #504 - 2bd/1ba (148 DOMP)

12103 Green Ledge Ct #201 - 3bd/2ba (310 DOMP)

12003# 7 Ridge Knoll Dr - 2bd / 2ba (6 DOMP)

12005 Ridge Knoll Dr #12 - 2bd/2ba (4 DOMP)

3807 Green Ridge Ct #304 - 3bd/2ba (11 DOMP)


Townhomes

12138 Wedgeway Ct - 2bd/4ba (15 DOMP)

11728 Valley Ridge Cir - 4bd/4ba (40 DOMP)

3923 Green Look Ct - 3bd/3ba (153 DOMP)


I will have the final numbers for these once they close


SOLD

According to MLS, 6 homes have sold in the last 30 days .

3940 Valley Ridge Dr - 3bd/3ba (8 DOMP) - Regular Sale

Asking Price - $380,000
Sales Price - $380,000
Seller Subsidy- $1,500

12103 Greenwood Ct #101 - 2bd/2ba (12 DOMP) - Regular Sale

Asking Price - $231,187
Sales Price -$231,187
Seller Subsidy -$0

3911 Penderview Dr #1907 - 1bd/1ba (62 DOMP) - Short Sale - Took 5 months to close

Asking Price - $130,000
Sales Price - $127,000
Seller Subsidy - $2,775

12102 Greenway Ct #202 - 2bd/2ba (0 DOMP) - Regular Sale

Asking Price - $219,000
Sales Price -$219,000
Seller Subsidy - $5,000

3900 Golf Tee Ct #201 - 3bd/2ba (9 DOMP) - Regular Sale

Asking Price -$249,500
Sales Price -$255,000
Seller Subsidy - $7,650

12009 Golf Ridge Ct #302 - 2bd/2ba (36 DOMP) - Regular Sale

Asking Price - $274,000
Sales Price -$255,000
Seller Subsidy -$9,000

3921 Penderview Dr #1806 - 1bd/1ba (286 DOMP) Short Sale - Took 286 days

Asking Price - $187,900
Sales Price - $147,500
Seller Subsidy - $4,355

3814 Inverness Rd - 3bd/4ba (24 DOMP) Regular Sale

Asking Price - $449,000
Sales Price - $434,977
Seller Subsidy -$10,000

3971 Valley Ridge Dr - 3bd/3ba (63 DOMP) Regular Sale

Asking Price - $439,900
Sales Price - $402,000
Seller Subsidy -$2,000



Click below for Penderbrook Home Sales for 2009
More Than 30 Days ago


22033

These stats are for all real estate in the 22033 zip code for the Month of August



Penderbrook Home Sales 2008 vs. 2009




Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




Fairfax Townhomes Sold for 2007 vs 2008 vs 2009




EXPIRED or WITHDRAWN

There has been 1 listings that have been taken off the market in the last 30 days.


RENTALS

There is currently 2 townhomes for rent and 12 condos

5 townhomes and 0 condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We also partner with a Property Management group that only charges 8%. They manage over 200 properties in the VA and MD area and are excellent. Ask us about this.


OBSERVATIONS

If you are thining about buying in the next 3 months you need to Contact us today !


Keep checking back each Thursday for more insight to what is going on at Penderbrook.












Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.



Penderbrook Townhomes and Condos Weekly Sales Report 10/09/09 - 10/15/09 Fairfax

My PenderbrookHome.com

Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA

INTRODUCTION

Nothing new happened this week. The only movement was a short sale that was under contract, came back on the market. The buyer must of been tired of waiting and walked away. This happens alot with short sales. Not with our short sales though. We have a system that makes it very unlikely for a buyer to walk. If you need to short sell your home, Contact us today.

Interesting Fact: 21 homes under contract right now at Penderbrook. - 11 are short sales, 7 of these are at Penderbrook Sq, 2 at Oxford, 2 are TH. 10 are regular sales, 8 Condos and 2 TH

We have a one bedroom condo in Penderbrook Square coming on the market in 1-2 weeks. This website is the first to know about it. It is in excellent condition and will be listed at $140,000. If you or someone you know has any interest email me. You can be the first to see it.

If you have any questions or would like to find out how much your home would sell for right now
Contact me

As of today (October 15, 2009 11 AM) there are 16 active homes in Penderbrook and 22 homes that are currently under contract and 6 homes that have sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:

Townhomes- 3 active

3 regular sales


Condos - 13 active

1 bedroom condos - 3

2 bedroom condos - 7

3 bedroom condos - 3

Heights at Penderbrook (Condo/Townhome) - 6 condos
Penderbrook Square (Condos)- 7 condos

NEW LISTINGS

According to MLS, there were O new listings this week.


UNDER CONTRACT

According to MLS, there are 18 Condos and 3 townhomes under contract.

Condos

12163 Penderview #1022 - 1bd/1ba (0 DOMP)

12151 Penderview Ln #2027 - 1bd/1ba (638 DOMP)

3909 Penderview Dr #1932 - 1bd/ 1ba (9 DOMP)

3912 Penderview Dr #538 - 1bd/1ba (63 DOMP)

3903 Penderview Dr #1506 - 1bd/1ba (59 DOMP)

3908 Penderview Dr #606 - 2bd/1ba (34 DOMP)

3901 Penderview Ln #1502 - 1bd/1ba (269 DOMP)

3904 Penderview Dr #735 - 1bd/1ba (15 DOMP)

3911 Penderview Dr #1905 - 2bd/1ba (57 DOMP)

3807 Green Ridge Ct #102 - 3bd/2ba (6 DOMP)

12101 Green Leaf Ct #201 - 2bd/2ba (108 DOMP)

3914 Penderview Dr #504 - 2bd/1ba (148 DOMP)

12101 Greenwood Ct #102 - 2bd/ 2ba (5 DOMP)

12016 Golf Ridge Ct #101 - 2bd / 2ba (102 DOMP)

12103 Greenwood Ct #101 - 2bd/2ba (12 DOMP)

3914 Penderview Dr #504 - 2bd/1ba (148 DOMP)

12103 Green Ledge Ct #201 - 3bd/2ba (310 DOMP)

12003# 7 Ridge Knoll Dr - 2bd / 2ba (6 DOMP)

3807 Green Ridge Ct #304 - 3bd/2ba (11 DOMP)


Townhomes

12138 Wedgeway Ct - 2bd/4ba (15 DOMP)

11728 Valley Ridge Cir - 4bd/4ba (40 DOMP)

3940 Valley Ridge Dr - 3bd/3ba (8 DOMP)


I will have the final numbers for these once they close


SOLD

According to MLS, 6 homes have sold in the last 30 days .

3911 Penderview Dr #1907 - 1bd/1ba (62 DOMP) - Short Sale - Took 5 months to close

Asking Price - $130,000
Sales Price - $127,000
Seller Subsidy - $2,775

12102 Greenway Ct #202 - 2bd/2ba (0 DOMP) - Regular Sale

Asking Price - $219,000
Sales Price -$219,000
Seller Subsidy - $5,000

3900 Golf Tee Ct #201 - 3bd/2ba (9 DOMP) - Regular Sale

Asking Price -$249,500
Sales Price -$255,000
Seller Subsidy - $7,650

12009 Golf Ridge Ct #302 - 2bd/2ba (36 DOMP) - Regular Sale

Asking Price - $274,000
Sales Price -$255,000
Seller Subsidy -$9,000

3921 Penderview Dr #1806 - 1bd/1ba (286 DOMP) Short Sale - Took 286 days

Asking Price - $187,900
Sales Price - $147,500
Seller Subsidy - $4,355

3814 Inverness Rd - 3bd/4ba (24 DOMP) Regular Sale

Asking Price - $449,000
Sales Price - $434,977
Seller Subsidy -$10,000

3971 Valley Ridge Dr - 3bd/3ba (63 DOMP) Regular Sale

Asking Price - $439,900
Sales Price - $402,000
Seller Subsidy -$2,000



Click below for Penderbrook Home Sales for 2009
More Than 30 Days ago


22033

These stats are for all real estate in the 22033 zip code for the Month of August



Penderbrook Home Sales 2008 vs. 2009




Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




Fairfax Townhomes Sold for 2007 vs 2008 vs 2009




EXPIRED or WITHDRAWN

There has been 1 listings that have been taken off the market in the last 30 days.


RENTALS

There is currently 3 townhomes for rent and11 condos

4 townhomes and 2 condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We also partner with a Property Management group that only charges 8%. They manage over 200 properties in the VA and MD area and are excellent. Ask us about this.


OBSERVATIONS

If you are thining about buying in the next 3 months you need to Contact us today !


Keep checking back each Thursday for more insight to what is going on at Penderbrook.












Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.


Home Buyer's Tax Credit Changes Possible

Home Buyer's Tax Credit Changes Possible

The first major change to the $8,000 home buyer's tax credit began moving through Congress the last week of September, giving hope to real estate and building groups pushing for extension of the entire program before it expires November 30, 2009.

House Ways and Means Committee chairman, Congressman Charles Rangel, a New York Democrat, combined several smaller bills into the "Service Members Home Ownership Act of 2009", with a floor vote expected soon.

The bill is intended to correct a flaw in the original tax credit legislation: By requiring buyers to occupy and own their first home for 36 months to fully qualify for the credit, the program creates serious problems when military, Foreign Service and intelligence agency personnel are transferred overseas.

During their absence, they are not occupants of their houses, and sometimes have to rent them out or sell. Any of these events make them ineligible to retain the $8,000 credit under current law. Ineligible buyers must then repay the credit to the IRS.

Oregon Congressman Earl Blumenauer, sponsor of one of the bills consolidated into Rangel's, said "it is absurd that thousands of Americans serving our country, away from friends and family ... must choose between their service work and home ownership."

The Ways and Means committee's bill would waive the repayment requirement when a service member must sell a home within the 36 month period because of a transfer to a new duty station or overseas, and would count service-related absences toward the 36 month requirement.

Another provision in the bill would extend the $8,000 credit for another year for personnel who may have missed out on claiming the credit because they thought they wouldn't qualify due to an overseas posting.

The credit for these individuals would be extended to November 30, 2010 from November 30, 2009, provided the served outside the U.S. for at least 90 days during calendar year 2009.

The bill, which has bipartisan support, could be sent to the Senate for action as early as next week, Congressional sources told Realty Times.

More important for the housing market overall, however, is the precedent set by the bill's extension of the credit for an extra year. It's not a far leap from that position to a general extension of the entire $8,000 credit program to the same date.

The National Association of Realtors, National Association of Home Builders and the Mortgage Bankers Association jointly sponsored an ad campaign aimed at convincing Congress to give the credit program another year.


Written by Kenneth R. Harney







Penderbrook Townhomes and Condos Weekly Sales Report 9/25/09 - 10/09/09

My PenderbrookHome.com

Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA

INTRODUCTION

We have a one bedroom condo in Penderbrook Square coming on the market in 1-2 weeks. This website is the first to know about it. It is in excellent condition and will be listed at $140,000. If you or someone you know has any interest email me. You can be the first to see it.

If you know someone who is behind in the mortgage payments, cant make their mortgage payments, or simply are over there head and do not want to live in their home, but dont think they can sell, have them contact us.

We are short sale certified and work with the top short sale law firm in the area. We will get your home sold quickly and much quicker than the average 5 months on the market other homes in Penderbrook are taking to sell.

Contact us today and we will set up a meeting and go over everything. We just want to help you get back on your feet.

Condo sales this past 2 weeks were good. A couple 2 bedroom units went under contract and 4 condos sold. All the numbers are below.

If you have any questions or would like to find out how much your home would sell for right now
Contact me

As of today (October 9, 2009 11 AM) there are 16 active homes in Penderbrook and 22 homes that are currently under contract and 6 homes that have sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:

Townhomes- 4 active

3 regular sales , 1 short sale


Condos - 12 active

1 bedroom condos - 3

2 bedroom condos - 6

3 bedroom condos - 3

Heights at Penderbrook (Condo/Townhome) - 5 condos
Penderbrook Square (Condos)- 7 condos

NEW LISTINGS

According to MLS, there were 1 new listings this week.


UNDER CONTRACT

According to MLS, there are 19 Condos and 3 townhomes under contract.

Condos

12163 Penderview #1022 - 1bd/1ba (0 DOMP)

12151 Penderview Ln #2027 - 1bd/1ba (638 DOMP)

3909 Penderview Dr #1932 - 1bd/ 1ba (9 DOMP)

3912 Penderview Dr #538 - 1bd/1ba (63 DOMP)

3903 Penderview Dr #1506 - 1bd/1ba (59 DOMP)

3908 Penderview Dr #606 - 2bd/1ba (34 DOMP)

3901 Penderview Ln #1502 - 1bd/1ba (269 DOMP)

3904 Penderview Dr #735 - 1bd/1ba (15 DOMP)

3911 Penderview Dr #1905 - 2bd/1ba (57 DOMP)

3807 Green Ridge Ct #102 - 3bd/2ba (6 DOMP)

12101 Green Leaf Ct #201 - 2bd/2ba (108 DOMP)

3914 Penderview Dr #504 - 2bd/1ba (148 DOMP)

12101 Greenwood Ct #102 - 2bd/ 2ba (5 DOMP)

12016 Golf Ridge Ct #101 - 2bd / 2ba (102 DOMP)

12103 Greenwood Ct #101 - 2bd/2ba (12 DOMP)

3914 Penderview Dr #504 - 2bd/1ba (148 DOMP)

12103 Green Ledge Ct #201 - 3bd/2ba (310 DOMP)

12003# 7 Ridge Knoll Dr - 2bd / 2ba (6 DOMP)

3807 Green Ridge Ct #304 - 3bd/2ba (11 DOMP)


Townhomes

12138 Wedgeway Ct - 2bd/4ba (15 DOMP)

11728 Valley Ridge Cir - 4bd/4ba (40 DOMP)

3940 Valley Ridge Dr - 3bd/3ba (8 DOMP)


I will have the final numbers for these once they close


SOLD

According to MLS, 6 homes have sold in the last 30 days .

3911 Penderview Dr #1907 - 1bd/1ba (62 DOMP) - Short Sale - Took 5 months to close

Asking Price - $130,000
Sales Price - $127,000
Seller Subsidy - $2,775

12102 Greenway Ct #202 - 2bd/2ba (0 DOMP) - Regular Sale

Asking Price - $219,000
Sales Price -$219,000
Seller Subsidy - $5,000

3900 Golf Tee Ct #201 - 3bd/2ba (9 DOMP) - Regular Sale

Asking Price -$249,500
Sales Price -$255,000
Seller Subsidy - $7,650

12009 Golf Ridge Ct #302 - 2bd/2ba (36 DOMP) - Regular Sale

Asking Price - $274,000
Sales Price -$255,000
Seller Subsidy -$9,000

3921 Penderview Dr #1806 - 1bd/1ba (286 DOMP) Short Sale - Took 286 days

Asking Price - $187,900
Sales Price - $147,500
Seller Subsidy - $4,355

3814 Inverness Rd - 3bd/4ba (24 DOMP) Regular Sale

Asking Price - $449,000
Sales Price - $434,977
Seller Subsidy -$10,000

3971 Valley Ridge Dr - 3bd/3ba (63 DOMP) Regular Sale

Asking Price - $439,900
Sales Price - $402,000
Seller Subsidy -$2,000



Click below for Penderbrook Home Sales for 2009
More Than 30 Days ago


22033

These stats are for all real estate in the 22033 zip code for the Month of August



Penderbrook Home Sales 2008 vs. 2009




Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




Fairfax Townhomes Sold for 2007 vs 2008 vs 2009




EXPIRED or WITHDRAWN

There has been 1 listings that have been taken off the market in the last 30 days.


RENTALS

There is currently 3 townhomes for rent and11 condos

4 townhomes and 2 condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We also partner with a Property Management group that only charges 8%. They manage over 200 properties in the VA and MD area and are excellent. Ask us about this.


OBSERVATIONS

If you are thining about buying in the next 3 months you need to Contact us today !


Keep checking back each Thursday for more insight to what is going on at Penderbrook.












Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.