August 2010

There are 6 blog entries for August 2010.

How Do You Decide How Much to Offer on an Arlington Virginia Condo


Crunching the Numbers on a Clarendon 1021 Condo in Arlington Virginia  -- from $475,00 List Price to a $410,000 offer



Due to technical problems the video is temporarily not showing up correctly so click here to view video on how to decide how much to offer on an Arlington Virginia condo in Clarendon.

More info and changing the price on Clarendon 1021 Condo ....

I received input from the listing agent to the effect that the selling points of the unit are better than I first observed--the patio photo doesn't do it justice:

"a feature that sets this condo apart from any other in the building-the 10x12 private outdoor patio-its connection to the courtyard and gated street

3,489 Views, 9 Comments.

Are Miami Condos for Sale Prices Going Up?

The question that I get asked most often as a Realtor is "do I think prices are going any lower?". We are in the middle of an economic recovery and although there exists some possibility of a "double dip" I think that for those parts of the country where prices have fallen the most (California, Vegas, Phoenix, Miami) prices of "affordable" properties have hit bottom and have already started to head higher.


Foreign Investors and Miami Florida Condo Listings Sales

I specialize in Miami condo sales and I can say that prices would have fallen a lot further had it not been for the increase in Latin American wealth coupled with the decline of the US dollar. Europeans and Latin Americans view Miami as a

3,070 Views, 0 Comments.

The Latest Great Falls Virginia Real Estate Listings and Foreclosures

This will be the start of a new series on Great Falls Virginia real estate listings and foreclosure listings that come on market each week.  Confession: this first one is too long.  But I'll be shorterning them in the future.  There is a lot of info and analysis in this video and anybody considering high end purchase will benefit from viewing.

Also we will take one of the listings to run numbers on for the sake of demonstrating how to arrive at what your initial offer price would be in making an offer on a Great Falls VA home for sale.  This will develop the eye or vision of an aggressive selling agent aka known as buyer agent.  It is far too easy to overpay in Langley High School

4,710 Views, 1 Comments.

The Slowest of All Real Estate Listings in Northern Virginia is Great Falls VA

In writing a piece on Arlington county real estate sales comparing zip codes to each other I noticed that Fairfax County and especially Prince William county listings were selling much more quickly in terms of days on market (DOM).  I suspected the slooooowest sales of all would be Great Falls Virginia real estate listings.  Sure enough my instincts were correct.

days on market great falls virginia

200% Longer to Sell Great Falls Virginia Real Estate

The days on market using past 3 months of data demonstrate an extreme contrast or disconnect of homes sales in Great Falls versus the rest of Northern Virginia.  Is this alarming and saying something negative aobut Great Falls real estate?


The big $$$

2,648 Views, 0 Comments.

Comparing Days on Market Data for Arlington Virginia Zip Codes

Often people contact me to find a home in Arlington Virginia real estate.  Most tend to be focused on school districts or proximity to the orange line metro corridor.  Frequently a question I get is about resale value and how well the homes in that area can be sold later--i.e. how long it will take to sell.  Let's look at that issue taking the average days on market for the past 4 months for the Arlington Virginia homes for sale.

days on market arlington virginia

Where Do Homes Sell Most Quickly in Arlington Real Estate?


Comparing How Fast Homes Sell in Arlington Real Estate Listings

While this is not a sceintific analysis, it legit in that it took 4 months of sales to determine numbers.  It would be better go YTD --

1,996 Views, 1 Comments.

New Great Falls Virginia Real Estate Listings Drop Significantly in Summer

As I have several clients buying homes in the Great Falls Virginia real estate market my fingers are on the pulse of the marketplace.  I run comps regulary for different Great Falls homes for sale and monitor the latest listings with the intention of being the first buyer to view the new listings so we can negotiate without competing offers.  This means manually checking for new Great Falls VA homes for sale daily.

One thing I've noticed in particular is that the new listings have been decreasing each month and we are frustrated at the lack of new homes to view.


Graph of New Great Falls homes for sale entering marketplace

great falls real estate slowdown in listings 

Is this trend anything dramatic or

2,327 Views, 2 Comments.