Real Estate News and Advice
December 2, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Bristol


Market Conditions Summary for Bristol, Virginia


Reported by

Tony Ward
as of 11/15/2008:
Lawrence Yun, NAR chief economist, said pending sales contracts have picked up notably in areas undergoing significant price drops. "Bargain hunters have entered the market en masse, especially in areas that have experienced double-digit price... MORE->
About Tony Ward

Reported by

T. Cory Lewis
as of 11/14/2008:
The housing market is gradual and continuous in Bristol. There are no huge leaps, just a steady increase of 3-5% annually. Bristol is considered one of the best buys in the country as average home prices are upwards of 30% less than the national... MORE->
About T. Cory Lewis


Average Current Market Rating: 1.5    (2 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.5    (2 ratings)




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Falling

Rising

Navigate: Top > Virginia > Bristol


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.97%
15 Year Fixed: 5.74%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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