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Office Location 1100 N Glebe Rd #1010,
Arlington, VA 22201
Phone: (703) 224-8031
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Tagged : 22201 news

There are currently 11 blog entries matching this tag.

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Market Update-- Arlington Virginia Condos and Real Estate Sell Like Hotcakes!

Tuesday, January 5th, 2010 at 1:16pm. 542 Views, 2 Comments.

Arlington Virginia Condos and Real Estate = Huge Upsurge in Sales Buyers and Seller Agree on Values

 hotcakes_arlington_homes_for_sale_400

Quick Summary of Market Data for 2009 Arlington Homes Sales

  • # of transactions up dramatically Oct-Nov
  • DOM -- days on market down significantly for Arlington condos and homes for sale
  • # of active listings--inventory--drops significantly
  • all equals robust market to finish out 2009
  • average sale price as a percentage of list price jumped from 92-95% meaning the buyers and sellers are on the same page now more than ever the past few years on the value of the homes for sale
market_data_arlington_virginia_homes_sales_2009_400

 Days on Market Drop Significantly for 2009 Arlington Real Estate for Sale

days_on_market_drops_arlington_sales_20090001_400

Another observation is that the average list price for Oct-Nov comparing 2009 to 2008 is down 7%. …


The Disappearing Arlington Condo Views in Ballston & Clarendon

Thursday, February 26th, 2009 at 11:50am. 2436 Views, 0 Comments.

Disappearing Views for Top Arlington Condos in Clarendon & Ballston

I just went under contract on a 2/2 1150 sq ft condo on the 16th floor in Continental condo in Arlington VA.  One of the issues was the soon to be constructed retail/office buildings across the street.  How high would they be--2 office buildings replacing the Bob Peck Chevrolet & Staples buildings?  Would the buyer's view be obstructed?  We encountered same question at Station Square condo for sale as well with several new buildings well under way so that many units there were also losing their views. These are the types of questions you want to get your own answers for--that is for sure.

Imagine Losing Your Arlington VA Sunset Views From Your Condo?

lost_arlington_virginia_sunset_views_400  wickdgin photo for sale prints,…


You Got Punk'd by the Media -- Arlington Real Estate Market Stats

Sunday, March 16th, 2008 at 10:52am. 4752 Views, 12 Comments.

Media Predicts 25% Decrease in Arlington Virginia Home Values?

Once in awhile I get so frustrated about the lack of either forthrightness, common sense or expertise demonstrated by various real estate media sources both locally and nationally.  A classic example recently came out in this article in BusinessWeek titled Housing Meltdown.

business week real estate meltdown    It stated that housing prices would come down 25% with some of their sources claiming up to 40%.  Nowhere in the article is any strong point for how hyperlocal real estate is including Arlington real estate for sale.  Such stories are in essence fear mongering & hype when no disclaimers or explanations are given for how the story has almost nothing to do with any particular reader's local real estate market.  …


Latest Round of Overpriced Condos in Clarendon, Ballston & Rosslyn - VI

Monday, February 18th, 2008 at 7:24am. 3158 Views, 0 Comments.

 Thinking about a condo, read the Ultimate Guide for Buying Condos in Clarendon & Ballston.

More Overpriced Condos in Arlington VA

Yes it's time for another look at the latest and greatest overpriced condos in Arlington along the metro at Clarendon, Rosslyn & Ballston.  I usually lump Courthouse into Clarendon to save ink for what's it's worth.  Literally I get asked about when is my new list coming out.  I just get so busy with business & life and sometimes these articles can take 4+ hours to research and write.  So once in awhile I write them.  I keep writing the series for several reasons.  One reason is to keep myself sharp on the market place.  I like to be able to know off the top of my head when I'm showing condos to my clients…


Revitalizing Clarendon??? -- Clarendon Center Project to Begin....

Tuesday, February 5th, 2008 at 12:44pm. 2125 Views, 3 Comments.


Clarendon Center Project & Development by Saul Centers Inc.

Can one imagine the Clarendon area being more developed or revitalized?  Well it's happening along the Clarendon Metro.  Arlington County has given Saul Centers Inc. clearance on demolishing most of 2 city blocks adjoining Clarendon Metro and N Highland St....
Read all the details of the Clarendon Center development project on N Highland St such as its retail, timeline & residential parameters & objectives. 

Clarendon Center Project Story

clarendon center development revitalization saul centers inc

Read all the details of this story at The Examiner

What do you think about the Clarendon Center Project???

Good idea, bad idea?  A hassle or exciting?  Will there be condos or apartments?   I'd love to hear your voices on this.  All I know…


Townhouse Price Trends for Clarendon, Rosslyn, Courthouse -- Highgate, Clarendon Park and Bromptons

Friday, January 18th, 2008 at 7:54am. 8052 Views, 0 Comments.

#Highgate-townhouses#

With the bombardment of the negative real estate news by the media it is hard for consumers to have perspective on the housing market in any area including the Arlington markets in Clarendon, Rosslyn & Courthouse.  Whether it be houses for sale, condos or townhouses it's difficult to have perspective.  It's harder still to not be freaked out as a buyer.


freaking out about real estate

 

Median price for upper quartile price bracket for 22201

Interestingly enough from looking at median sold prices for detached homes the past 4 months in Arlington (Fall 2007) they tend to be about 10% higher each month than back in 2006--not too shabby.  However each type of home--detached, condominium and townhouse--have to be analyzed separately and even narrowed down to the zip codes.  That's how hyperlocal real estate is in…


Phoenix at Clarendon Metro Condo=Impressive

Friday, November 9th, 2007 at 12:45pm. 4083 Views, 21 Comments.

Phoenix at Clarendon Metro Condo Delivers Big Time

[note--if you're interested in viewing this building contact me asap and read this article Don't Be a Floater--Buyer Loses $40,000]

After spending a couple of hours at The Phoenix at Clarendon Metro condo I must say it is an impressive condominium.  The Phoenix Condo is shaking things up because it is better than most of the new buildings out there.  Just like 1800 Wilson--a building I liked--which is down to their last 8 2BR units, it will sell consistently through the Spring 2008 and then they'll be all gone.

#blog-idx-snippet-Phoenix-condo#

I'm putting it as my #2 favorite condo now right behind Odyssey.  It has some great features lacking by most buildings including its own Clarendon post…


Phoenix Condo Drama Continues...Opportunity?

Thursday, September 20th, 2007 at 8:31am. 8288 Views, 34 Comments.

Phoenix Condo Drama in Clarendon Continues.  Is This Opportunity???

Early purchasers in the Phoenix Condo contacted me several months ago with complaints about prices and quality of construction and now about half are trying to get out of their contracts.  The original article on this subject after several owners reached out to me for advice on extricating themselves from their contracts while not forfeiting their initial 5% deposits of $20,000+ is here:  Sun Sets on the Phoenix Condo at Noon. 


phoenix condo near clarendon

At that time the buyer referred to below, Joetta, had written me a long email to post that I later removed by the request of she and her attorney.  Here's the most recent update on it from this article in the Washington Business…


Quarterly Analysis of Arlington County Sales in VA

Friday, August 31st, 2007 at 1:00pm. 3769 Views, 2 Comments.

Arlington County Real Estate Sales Figures

The quarterly reports are for real estate in Arlington, VA.  What do they tell us?  1) real Estate is local 2) the market is humming along strongly with a lot more transactions than 2006.  Generally the median sold price has been down about 7% for the county most of the year.  This graph shows the orange line (2007) below the blue line (2006) almost all year. 
mean sales price 2007 arlington county real estate
Here are the numbers for median sold price since March compared witha a year ago:  March - 0.02 %, April - 7.62 %, May - 8.23 %, June - 6.64 %, July +10.75 %.  I put more faith in a block of months such as a quarter versus one month such as what happened in…


Latest Overpriced Condos in Clarendon, Ballston & Courthouse -- V

Sunday, July 22nd, 2007 at 9:40am. 9669 Views, 15 Comments.

Overpriced Arlington VA Condos in Clarendon, Ballston, Courthouse & Rosslyn

If you're considering purchasing a condo in the area  read the Ultimate Guide for Buying Arlington Condos in Clarendon.

[a new overpriced condo listing got emailed to me by my good friend Frank of FranklyRealty.com who is one of smartest realtors I know out there--of course I'm the smartest realtor of all though since a good portion of my readers don't realize that's what I am.  He pointed out a 1BR listing at $499,000 in Clarendon 1021 with 780 square feet #919.  So it's number 8 below on the overpriced condo list.  Anytime any of you are suspicious of overpriced condos send them in and I'll check them out when I can or write me directly.  They have to be very overpriced…


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