I didn’t send out a newsletter in November and here I am almost 2 weeks late getting this one out. Since I didn’t receive flowers or my family condolences I’m assuming you realized I’ve been fishing.

It is a beautiful day today and I wish I were out on the bay again today but I need to get some things done (newsletter, Christmas shopping, replenish tackle, et cetera).

Let me tell about the fishing first (you realize I sell real estate when I’m not fishing). It has been great this fall. Since Thanksgiving we have been catching plenty of rockfish in the 35” – 40” range. They probably average 20 – 25 lbs each. Last week we hit them a class larger with them being between 30 – 35 lbs. Sometimes 3 rods would get hit at once. It was a mad house but fun.

December Events

I apologize about getting this out so late as many of the events for this month have passed but it is still time to catch a few.

Real Estate has not been fast and furious but it has been steady. They are some decent deals out there now and I believe that if the weather stays reasonably warm the market here in the Northern Neck is really going to pick up after Christmas.

I say that not only because of the prices but also because buyers should be able to delay closing for 60 days from the time they get the contract ratified. That puts closing right about spring and the time all the restaurants open and other activities begin.

Here are a few links that will give an idea of how the market has preformed since 2005. All of these waterfront homes have closed.

1.  This link, Glebe Harbor, will show you all waterfront properties in this community that have sold. Glebe Harbor is a community where the upper end home will generally be in the $500,000 range.

2. This link, $500,000-$700,000, is a very large file as it contains ALL waterfront homes in this price range that have closed. I feel this is the best way to give you a true indication of the market. Please be patient as it downloads and SAVE the file to your documents so you can come back and review it without waiting for the download again.

3. Again this link, $700,000-1M, is large so again patience and for your convenience please SAVE.

4. Although this link, $1,000,000 plus, is not as large it still requires patience. What is interesting about this link is the number of homes that closed in what is suppose to be such a horrible market. Remember they aren’t making any more waterfront property.

After seeing market conditions in your price range you can always search the Northern Neck MLS to see the current listings. Remember ALL THINGS ARE NEGOTIABLE!

I wish you and all of yours a Merry Christmas and hope to see you in the New Year.