What kind of home can you buy NOW for about $550,000 in the D.C. Metro area? Let’s See! Fairfax, Prince William, Loudoun, & Arlington Counties Currently, there are roughly 8,000 homes on the market in the Washington D.C. area, according to The Washington Post. And, in the past month approximately 2,600, or 33%, of those […]
D.C. Region’s Spring Housing Market – Higher Prices & Increased Interest Rates
According to The Washington Post, interest rates are on an upward climb reflecting lower unemployment rate figures. The latest figures, from Freddie Mac, have the interest rate at about 3.86% for a 30-year fixed mortgage, with a 0.6 point (fees paid to lender equal to 1% of loan amount). The rate was 3.75% just the […]
The Priciest Homes in Washington D.C. and Surrounding Areas
Currently, the most expensive home available in the Washington D.C. market is located at 2320-2330 S Street NW. The two buildings are priced at $22 million. They feature an astonishing 10 bedrooms, 8 bathrooms, and 6 half-bathrooms. This residence is located in the Kalorama area and is 101 years old and has nearly 27,000 square […]
What kind of property can you buy in these 4 different Northern Virginia locations for $500,000? Arlington, Reston, Leesburg, and Gainesville
What kind of property can you buy in these 4 different Northern Virginia locations for $500,000? Arlington, Reston, Leesburg, and Gainesville Arlington is in close proximity to Washington, D.C. and therefore is headquarters to many departments and agencies of the federal government. Ronald Reagan Washington National Airport is also located in Arlington and many universities […]
What does $400,000 buy you in Northern Virginia?
That depends on the area you want to live and type of home. As most would expect, the further you get away from the center zone of our area (Washington, DC) the larger the homes become for the same price as a townhome or condo closer to the city. In the map below is a […]
Are there any good deals in new homes?
As a realtor, I am often asked, “Are there any good deals left with new homes?” my answer, absolutely! I know of a new community that offers two choices of builders who have a large variety of prices, styles and lots that will meet anyone’s needs. There are detached single family homes starting with a […]
A Short Sale Myth
If you’re facing a short sale you are probably looking for all the advice and help you can get. An obvious place for information would be with Realtors. I would suggest that you speak with several Realtors before you make any concrete decisions about how to handle your short sale. You will most likely find […]
No Photo Listings?
No Photo Listings? Why do some listings have no pictures (or only one)? I can’t tell you how many times I’ve had Buyers ask me this question. I often ask the same thing myself. Then I wonder if the Seller is aware that their listing is being marketed so poorly. The majority of my buyers […]
Moving to Northern Virginia- Should I rent or buy?
Moving to Northern Virginia – Should I rent or buy? It’s not uncommon for buyers to wonder if renting or buying makes more sense when moving to a new area. Being in an unfamiliar town, and unfamiliar with the state of that real estate market can certainly make anyone question such an important decision. Most […]