New REW LEC2 Site Makes for Exciting Changes to Arlington Real Estate Site

I recently invested in a new website--a 100% tear down renovation of my Arlington homes for sale website JustNewListings.com.  There are many new features such as following:

• preconstructed niche searches for you to peek at once in awhile such as this one for 2BR condos for sale in Clarendon on the orange line or Arlington homes for sale in Virginia
• lots of market data and charts of sales prices and inventory in all the cities such Reston real estate for sale

 

• preconstructed sought after school searches such as West Springfield High School homes for sale in Fairfax County
• map based searches, search by type of home, by zip code, by city and many…

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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.

 

For a paragraph by paragraph analysis of the Northern virginia real estate regional sales contract go to my blog and read its 2 parts concerning Arlington real estate.

 

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A New Fredericksburg VA and Stafford County Real Estate Blog

I recently recruited a realtor in the Fredericksburg Virginia real estate and homes for sale in Aquia Harbor market to join my team of JustNewListings.com in blogging about his local marketplace on my website.  I'd like to put out there some snippets of his first few posts that are still being edited.  But it is an exciting development with much potential for prominent real etate bloggers....It will be interesting to see where this goes no doubt.

 

 

Stafford County Real Estate Market:  Park Ridge vs Stafford Lakes Neighborhood Homes for Sale

Everyone is aware that the real estate market in Stafford, Virginia has tanked much as it has in most areas of Northern Virginia and the…

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The Ultimate Guide for Buying a Condo in Arlington Clarendon

View the active Clarendon condo listings here.

The real estate market for orange line condos in Clarendon, Ballston, Courthouse and  Rosslyn has traditionally--at least the past 6 years or so--been the hottest condo market of Northern Virginia.  Most of you are well aware of the hipness factor  of the urban village of  Clarendon with its shiny condos, movie theaters, restaurants, bars retail galore and instant access to county services buildings.  And what is great about the Clarendon condo market in Arlington VA is that there is something for everyone.  One can get 1BRs for less than $250,000 or buy into a luxury building such as the Wooster and Mercer Lofts where the 1BR were selling for…

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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.

    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.   That's…

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Short Sales in Northern Virginia....

"What the heck is a short sale?" is a question many buyers, sellers, lenders and REALTORS are trying to figure out these days.  It's the wild, wild west of northern virginia real estate or Arlington real estate where any party can just throw up a listing calling it a "short sale" and then make up the rules from there.   I was involved with 3 short sale situations today with different clients.  So what is the difference between a regular sale and a short sale?


Imagine going to a bank and saying, "Yeah, I'd like to sell my home for $100,000 less than what you loaned me last year and call it even.  What do you say bro?" 


Click here for the rest of this article on Northern Virginia short sales in real estate…

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The Phoenix at Clarendon Metro Having Issues

As I spent 22 years growing up in a swimming pool in Phoenix I've been looking forward to the delivery of The Phoenix condo for awhile.  While on vacation in July a soon to be owner in the Phoenix Condo at Clarendon Metro emailed asking me if he should take his condo or walk away from his deposit.  Then I got home and another soon to be owner who was scheduled to close the following week called me with the same question.  And he had $24,000 on the table that he was prepared to walk away from.  So there are some serious issues there regarding closings, legal action, suspect appraisals, etc. at The Phoenix.  The most recent account I've heard from....

To hear the rest of this dramatic story go to the full…

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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 bracket where that is accurate.  And on the front end I do want to acknowledge some inspiration for this post from my comrade and blogroll partner at urban trekker who wrote Spotting Trouble in Metro DC Housing.

Arlington VA Condos in the Clarendon Real Estate Area

Usually when I write about the condo market I focus on the orange line corridor of Ballston, Clarendon, Courthouse and Rosslyn condos.

For the rest of the article on whether there is a buyer's market for Arlington VA real estate and… Read Full Post