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Tagged : clarendon condos

There are currently 13 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. 529 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%. …


Latest Round of Overpriced Condos in Clarendon in Arlington -- Part VII

Tuesday, June 17th, 2008 at 8:04am. 7470 Views, 24 Comments.

Plenty of Overpriced Condos in Clarendon, Rosslyn & Ballston in Arlington

Yes it's time for another installment of the overpriced condo series.  I have a feeling there will never be a lack of Arlington condos about which to write.  Homeowners tend to be naturally prone to this disorder--OCD--overpriced condo disorder.  Perhaps that will be our new term as an amateur review just placed this blog at #41 on the most popular real estate blogs in the country.  Not too bad considering there are thousands of them now.  So let's get right to business and try to cure some Sellers of their OCD. 

NOTE: This post contains my personal opinions only and does not reflect the opinion of RE/MAX Allegiance and cannot be taken as advice for your particular situation. …


Sellers, don't hire amatuers to sell your Clarendon Condo

Friday, March 14th, 2008 at 7:12am. 3936 Views, 3 Comments.

Recently I received a request for a CMA (competitive market analysis) for a condo in Arlington Virginia.  I was mega busy and did not respond for a good 5 days which is a no no in the Web 2.0 world of Arlington real estate.  Juggling several contracts, an out of town buyer, flat tire, continuing ed, taxes and 3 soon to be 4 kids can do that to you exhaustion in arlington Days later I see the condo listed by another real estate agent.  That's not the end of the world on my end, but I do feel badly for the seller.

Selling Your Arlington Condo--the Good, the Bad & the Ugly


Here are some tips for selecting an agent to sell your condo in Arlington--especially in the clarendon, ballston, courthouse and rosslyn areas. 

  • pretend you're the buyer.  What's your first…


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…


Ouch! Buyer Lost $40,000--Don't Be a Floater

Wednesday, December 12th, 2007 at 11:32am. 11132 Views, 2 Comments.

Do Floaters Pay too Much for their Condos or Real Estate?

In putting together a new overpriced condominium list I came across the sale of a Clarendon / Courthouse area condo on my previous list I wrote in the Summer 2007.  Most of you know I sell a lot of condos--yes I'm a realtor--and pride myself on protecting my client's interests.  Too bad this buyer didn't have a rockin' consultant  looking out for him.  And it's too bad the buyer wasn't reading my blog....pain of overpaying for condomium

Back in July 2007 I posted this article: Latest Overpriced Condos in Clarendon, Courthouse and Ballston -- V.  I try to write these articles semi-regularly; it's just that I'm pretty busy with a lot business, family trips, 4 kids, etc.   So I've just pulled up a new round of overpriced…


Phoenix at Clarendon Metro Condo=Impressive

Friday, November 9th, 2007 at 12:45pm. 4081 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. 8277 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…


Top 12 Condos in Clarendon / Courthouse / Ballston

Thursday, August 23rd, 2007 at 5:07pm. 25252 Views, 21 Comments.

Top 12 Condos on the Orange Line Metro in Arlington VA

Have you ever tried to come up with a top 5, top 10 or top 25 list?  It's brutal!#!#!@!  It will drive you crazy   I can assure you.  Once you have your picks for whatever list you are constructing you then have to rank them and you go through through the mental triathlon again.  At the end of each year it seems like lots of lists come out that use the formula "Top 10 Xs of 2007" or the "Funniest Yx of 2007" or the "Worst 10 Zs of 2007".  And once in awhile you hear about the "Greatest 100 Rock 'n' Roll Songs of All Time".  Whoever has time to rank those 100 songs must have a boring life to say the least.  I can hardly rank my top 5 movies.

I'm finding so little time to blog anymore so that…


Buyer's Market for Arlington VA Real Estate in Clarendon -- NOT!

Tuesday, June 5th, 2007 at 10:21am. 8182 Views, 16 Comments.

After reading the article feel free to view the current active listings in our area for these "hot searches"--and you'll find the other articles in the overpriced category to be much more humorous and biting so check out the menu bar to the left to access those other posts on overpriced listings.  Also for latest snapshot/discussion of the market see the "market data" tag at bottom of page.

  • Clarendon Condos 2BR $400,000-650,000
  • Orange Line Condos 1BR $250,000-480,000
  •  

     

    There is a lot of talk out there about a buyer's market.  I hear the phrase from condo buyers weekly and need to set the record straight.  In general, for Arlington VA real estate there is definitely not a buyer's market.  However there is a particular price…


    The New Value of a 1 Bedroom Condo in Clarendon, Ballston & Courthouse???

    Tuesday, May 15th, 2007 at 9:24pm. 7168 Views, 16 Comments.

    Market Values for Condos in Arlington VA

    I've noticed in the last 2 weeks the emergence of a new market value for 1 bedroom condos in Arlington VA on the orange line in Clarendon, Ballston & Courthouse.  What used to be in the low $400,000s may now be worth in the upper $300,000s.  Here are some recent Arlington condo listings--some of them in my favorite buildings such as Continental, Odyssey and 1800 Wilson.



    What is interesting is that 2 of them are in Odyssey--in my opinion the premier condo of Arlington VA on the orange line.  Another is in Continental and 1800 Wilson and Clarendon 1021.  These are cutting edge communities and for 4 listings to come out recently under $400,000 in these buildings could be a sign of what I'm expecting--a…


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