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Office Location 3315 Lee Hwy,
Arlington, VA 22207
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General Real Estate News/Trends

There are currently 20 blog entries related to this category.

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Rare Occurence -- Personal Address by JustNewListings.com Team for Arlington Condos and Northern Virginia Real Estate

Wednesday, December 30th, 2009 at 7:27am. 338 Views, 0 Comments.

JustNewListings.com Team Adds 5th Team Member for Arlington Condos for Sale and Virginia Real Estate

 

Critical Resources for Buyers and Sellers of Arlington VA Condos and Northern Virginia Homes for sale

top_down_arlington_clarendon_condos_400

 

  • home buyer scouting report -- an MLS tool for serious buyers who like being in charge of their home search Here are some of it's features in this 2 minute video--if you sign up for it remember is also hands off, does NOT necessarily mean you are working with the JustNewListings.com team or the lender but you might as well have best MLS tool as a consumer.  If you sign up for it to try it out insert multiple cities or zips in the form and you can edit your search later after passwords are emailed to you.
  • Overpriced Arlington condo series…

  • Lender Drama, Appraisals and What You Can Do to Prevent

    Friday, May 1st, 2009 at 10:03am. 1197 Views, 10 Comments.

    Latest Market Trends for Arlington Virginia Mortgages and Appraisals

    Being a real estate blogger I'm on the front end of the market on many fronts.  Telling people towards end of 2005 to NOT BUY ANY new construction Arlington condos was an example as well as my warning that prices would fall big time in North Springfield real estate due to a 40% swell in inventory a couple years ago.  When you blog about the local Northern Virginia real estate market and Arlington you have to stay on top of things.  Not to mention the JustNewListings.com team has about 6 homes under contract right now so we've got our pulse on the market more so than other realtors.

    I've seen a lot of low appraisals this year and a lot of late appraisals as of the last few weeks.  My…


    The Blond Bombshell Lawyer Who Loved Me...NOT!!!

    Friday, April 24th, 2009 at 8:43am. 1944 Views, 0 Comments.

    The Latest Examples of Floaters Losing Their Shirts...and Pants

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    A Couple of Arlington Condo Floater Stories Hit Home

    I've written about Virginia real estate floaters in the past.  They go out on their own and buy real estate directly from the builder or through the listing agent instead of having an excellent real estate consultant on their side to protect them financially, negotiate the price down and help them avoid big mistakes.   That's the job of a selling agent which is the technical name of the buyer agent. We don't sell real estate--at least the good ones don't.  We consult and advise our clients--hopefully with the same care and analysis we'd offer to our own mothers.  At least that is the standard I use.  

    The woman who inspired this…


    Update on Virginia Short Sales--Fake Listings or Great Opportunities?

    Thursday, April 23rd, 2009 at 6:33am. 3836 Views, 1 Comments.

     Update on Virginia Short Sales--Good, Bad & Ugly Curveballz!

     bank_and_seller_chat_short_sale_issues_488

    Quick History of Short Sales in Northern Virginia

     When I first wrote about Northern Virginia short sales October 2007 (scroll to bottom of article for bulleted advice) they truly were the wild wild west of real estate.  I mean seriously there were no rules and the best advice was run like heck away from any and every short sale.  The norm was a desperate seller looking for a guinea pig contract to take to their bank and bef for mercy asking the bank to accept less than the balance on the mortgage note.  The bank would take 4-12 weeks to respond to the contract on the table while the buyer hung in limbo so they could almost always receive a resounding "No!" from the bank.  So the…


    President Obama's Stimulus/Foreclosure Bill--The Disturbing Reality

    Friday, February 20th, 2009 at 8:11am. 2256 Views, 8 Comments.

    The Disturbing Reality of President Obama's Foreclosure Bill/Policy

    [for the full editorial by Wall Street Journal click here]

    Re-default rates are 55% after six months

    SEE BOTTOM OF PAGE FOR THE ARLINGTON FORECLOSURE LISTINGS FOR SALE

    President Obama yesterday announced his plan to prevent home foreclosures, saying he wanted to be "very clear about what this plan will not do: It will not rescue the unscrupulous or irresponsible by throwing good taxpayer money after bad loans . . . And it will not reward folks who bought homes they knew from the beginning they would never be able to afford."

    obama_housing_stimulus_rescue_359 AP

    "We really do wish he were right. In fact, the details released yesterday suggest the President's plan will do all of the above. The plan will…


    Northern Virginia Real Estate--Industry Trends

    Friday, January 30th, 2009 at 9:42am. 2394 Views, 1 Comments.

    BusinessWeek.com reports a looming shift of $1.8 billion in advertisting away from newspapers towards the internet in the next few years. For the next 1-2 years papers shouldn't be hit too hard as the extra inventory gets sold off as investors got out of the market recently by throwing their homes up for sale. Also extra inventory was due to many worrying the value of their home was about to plummet so they put them on the market earlier than they would have. So why this profound change in the industry? Well the most recent poll in January by Realtor.com showed that now 77% of purchasers start their home buying process online--not by picking up the local paper to look for pictures of homes in the newspaper. The article continues, "Indeed, the Net…


    Welcome Back Northern Virginia Real Estate Investors -- Example scenario

    Thursday, December 4th, 2008 at 6:53am. 1398 Views, 4 Comments.

    Good Times for Real Estate Investment Properties in Northern Virginia Arlington

    For the past 5 years it has been next to impossible for true real estate investors to come out with positive cash flow for their real estate investments by renting out the property.  That has changed now and the opportunities for good real estate investments are abundant in Northern Virginia and Arlington, VA.  Let\'s quickly look at an example.

    This morning I came across a brand new foreclosure in Arlington. It\'s a 2BR at The Carlton with 1100 sq ft.  It\'s located in Arlington and is about a 7 minute drive to Clarendon or 10 min to 395.  The list pricei is $160,000.  If you put down 20% you end up with about a $920 monthly payment.  Add the $542 condo fee and you end…


    What You Need to Know--Regional Sales Contract for Northern Virginia Real Estate

    Friday, October 3rd, 2008 at 1:17pm. 4772 Views, 4 Comments.

    One of the most uncomfortable parts of purchasing a home is signing the Northern Virginia real estate regional sales contract.  Allow me to fix that....

    Let's go through the contract and quickly cover the parts that matter most to you in advance so you it doesn't feel like a surreal and dangerous event when it comes time to sign on the dotted line so to speak when me make our aggressive offer on your preferred home.

    Upside down home owner real estate

     Northern Virginia Regional Sales Contract for Arlington Real Estate, Fairfax, McLean, etc.

    First, before we dissect the Virginia regional sales contract and its ancillary forms--perhaps to be saved for a 2nd post--I want to make 2 important points: there is a profound difference between the paper contract and the real world…


    Political Cartoon on Crisis in Financial Markets & Bailouts

    Thursday, September 18th, 2008 at 8:13am. 6335 Views, 0 Comments.

    I'm thinking about starting a category on cartoons related to RE (real estate) in any way that would of course include juicy political cartoons regardless of whether they lean left or right. 

    Here's a start for example. 


    financial crisis

    Do you have any cartoons to submit to me on the financial markets or real estate in general?

    I must say the bullshI** credit rating systems and corruption in the markets makes me angry.  I also hate that the gov is making it happen by affirming to Wall Street there will be no serious consequences if they can't manage themselves.  Free markets don't work with gov bailouts so it's the worst of both worlds with no hardline financial accountability such as being wiped out off the face of the earth.  It's messed up and…


    MLS Widgets for Your Website or Blog--Take One!

    Tuesday, May 13th, 2008 at 3:12pm. 2046 Views, 9 Comments.

    Free MLS "Blidgets" for Your Website, Blog, MySpace or Facebook Profile

    I recently started using a great service that allows me to create Arlington MLS (It can be for any area in VA, DC, MD) widgets--called blidgets--that you can take and use on your websites, blogs and social networking sites such as Facebook and MySpace or is it My Space?   I guess that makes it obvious which one I use all the time and which one I haven't used.  When you view the blidgets below...be patient as having 2 of them on same webpage causes them to take awhile to fully load up with 100 most recent listing for each niche.

    So here are some samples and they can be very "nichey" for whatever area/price of real estate you want to keep up on or offer to your readers.  The…


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