Karrina Taylor Brown ReMax Allegiance: Spring Northern Virginia Real Estate Market Update...
Sunday, March 20, 2011
Karrina Taylor Brown ReMax Allegiance: Spring Northern Virginia Real Estate Market Update...: "Yes Folks: Our market is doing fine. Most of the foreclosures and short sales were taken over the winter time. The new Spring crop of ..."
March Real Estate News *Northern Virgina
Friday, March 4, 2011
Our market is hot.
*Inventory is low; it is hard to find a good home for sale.
*Buyers want to take advantage of the low interest rates.
*There are often multiple bidders for foreclosed properties.
*The bottom fishers are out in force, scooping up the discount bargain basement properties with cash.
*Meanwhile people and money is flowing into the Washington area from all over the country and from all over the world.
*We have a good job market which brings people to our good jobs from all over the country.
*The high end of the market is out in force. There have been 25 sales this year at the Turnberry Towers (That is, 25 sales of $1M+/- properties in only 2 months.)
*Locals want to buy their next property at today's prices, and then keep their own properties until prices improve.
*The rental market is strong.
*Builders have started building again.
In spite of dire economic warnings all around us, the Spring weather is bringing good prospects for Northern Virginia and DC area real estate.
** Join me at my new Alexandria home listing, open this Sunday 1-4pm ***
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1746191XTKBC&p=DE-134897853-956
*Inventory is low; it is hard to find a good home for sale.
*Buyers want to take advantage of the low interest rates.
*There are often multiple bidders for foreclosed properties.
*The bottom fishers are out in force, scooping up the discount bargain basement properties with cash.
*Meanwhile people and money is flowing into the Washington area from all over the country and from all over the world.
*We have a good job market which brings people to our good jobs from all over the country.
*The high end of the market is out in force. There have been 25 sales this year at the Turnberry Towers (That is, 25 sales of $1M+/- properties in only 2 months.)
*Locals want to buy their next property at today's prices, and then keep their own properties until prices improve.
*The rental market is strong.
*Builders have started building again.
In spite of dire economic warnings all around us, the Spring weather is bringing good prospects for Northern Virginia and DC area real estate.
** Join me at my new Alexandria home listing, open this Sunday 1-4pm ***
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1746191XTKBC&p=DE-134897853-956
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