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For Arlington VA real estate 2006 was a year when buyers and sellers did not get along. Hence there were 12% fewer transactions in 2006 versus 2005 for Arlington County real estate. Of course with prices so high fewer transactions was probably to be expected. Average list price was 3% higher in 2006 as well, however the median sales price was down 3%. That's a sign something the buyers and sellers were having "issues". Average List Price Tumbles for Real Estate in Arlington & Clarendon Wh... Read Full Post

How to Sell an Arlington VA Condo: So what's the best way to sell a condo in Arlington Virginia real estate? I think it's pretty simple to figure out. Pretend you're going to buy a condo in Arlington VA. Then make sure your condo is found when using the methods for searching for a home employed by buyers in the 21st century. Don't get stuck on the idea of photos of your home in the newspaper that make you feel so special, "Look, mom, that's my home in the Arlington Sun Gazette! Aren't you pro... Read Full Post

This townhouse in the urban village of Clarendon is located in the sought after Courthouse Hill townhouse community. These stately townhouses were built in 1996 a few blocks from the metro. For out of towners "the metro" is what we call our subway system. Any home on the orange line corridor carries inherent value when it is a walk to the metro home for sale. As far as Arlington Virginia real estate is concerned, the Clarendon, Ballston and Rosslyn corridor offer most of the nightlife, restau... Read Full Post

[for the latest version of this article click here: Latest Overpriced Condos in Clarendon, Ballston, Courthouse and Rosslyn -- Part V] And here is the Ultimate Guide for Buying a Condo in Arlington in the Clarendon & Ballston area real estate corridor. 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... Read Full Post

The Right Way to Sell Northern Virginia Real Estate in DC Area Sellers Stop!!! Sellers, the world has changed. Why are you paying extra to sell your Northern Virginia real estate using yesterday's methods which are actually more expensive?!?! The answer is probably that you haven't been researching this intensely as you are too busy. You do have a life, right? And I'm sanguine that the "high powered" listing agents whose ads you see all over the place in your Arlington Sun Gazette (insert you... Read Full Post

There is one question I get asked weekly by people from around the country, "What's going to happen in the real estate market next year? Should I buy now or wait?" Well based on my experience the last 12 months and a lot of research I've done I have much to proffer on the issue. My previous post noted how much inventory had declined since the peak in March 2006. Well I just pulled the November numbers and found some interesting trends. For Northern Virginia real estate the number of units sol... Read Full Post

I noticed many listings had disappeared for which I had found new buyers in the past 2 months. Sure enough the latest data is out and the inventory of Arlington Virginia Condos is almost back to normal from a year ago. That means our inventory correction took a year. Pretty fast correction it seems. The doomsayers in the media who predicted another 20% decline this year in home values across the board are pathetic but make their $$$$ or earn their time in the spotlight through hype and fear-m... Read Full Post

The inventory of single family homes for Fairfax Virginia real estate doubled in a short few months during the 1st half of 2006. That was tough for sellers who saw their homes priced at what in their experience was market value languish for months on end never sell after consecutive price drops. Well inventory has almost come back to normal--much of sold although a lot of perhaps was just withdrawn till 2007. However the prices are lower now by about 5% and therefore buyers and sellers should... Read Full Post

Have you ever noticed the hobby of realtors often seems to be posting or inserting the largest photo of themselves where every they can find a place to do so? I call it realtor egos run amok. [I just blurred out the face as I don't want to hurt anybody]. What does this guy think this is...a calendar competition! In what other professions do business people plaster photos of themselves at every opportunity? Do you really think your photo is going to get your business surging? Is it egos gone w... Read Full Post

Those of you considering buying a home in a competitive market (sellers’ market) know or may have heard how brutal the process can be. In certain markets a buyer can find himself competing against 3-18 other offers for almost any listing that he write on with many of the offers being similar in terms of price. However there are steps you can take to position yourself well to win a bidding war. And the discipline and thoroughness to do so is well worth the effort given the weeks and months o... Read Full Post