A new home builder in Vienna asked me recently when he should expect home buyers to decide to buy his spec homes. My answer was, "as soon as you get the HardiPlank siding up, metal roof on the porch, and front door on." Based on my experience with new home buyers in this niche market, they want to see a spec about 80% done before they'll decide Continue Reading
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Bad News for Vienna Real Estate
(written in 2011) When a Facebook friend posted a link to an MSN article that ranked Vienna Virginia the 2011 #5 Best Housing Market in America, I just had to cringe since those statements never hold true for long. Most articles on MSN come from somewhere else and I quickly discovered that the article originated from Bloomberg BusinessWeek -- Continue Reading
5 Tips for Buying Luxury Homes in Vienna
You have probably already started your home search online and noticed that most of the photos look great. But after seeing about 50 luxury homes in Vienna, McLean, Oakton and Great Falls over the past two months, I have noticed that not all luxury homes are created equal. In fact you would notice how much styles have changed after seeing only a Continue Reading
My Buyer’s Agent Tip of the Week | Luxury Homes
Negotiation strategies vary depending on the price range and condition of the house, but the final months of 2010 may be the best time to negotiate on a luxury home thanks, in part, to the capital gains rate going back up on January 1, 2011. Yes, I am going to encourage you to set in motion an action plan that really is a "win-win" negotiating Continue Reading
Real Estate’s New Strategic Focus | April 30, 2010
Revised to include new 5405 instructions The world of residential real estate in the U.S. is facing an expiration date of historic proportions in 2010 that buyers and sellers need to pay attention to for a variety of reasons. April 30, 2010 is the last day that buyers and sellers can "enter into a binding contract" for a real estate transaction to Continue Reading
A big change for MetroWest… fewer homes.
UPDATE 9/2011: Pulte Homes has finally set up their sales office for MetroWest off of Lee Highway (Route 29) where they are building front load and rear load garage townhomes starting in the low $525,000 range. Many are already sold as of today (9/26). This is an excellent walk-to-Vienna-Metro location! Original Post: That means taking down Continue Reading
Yes, more new mortgage application rules… July 30th!
There are some new guidelines that are being implemented by the Federal Reserve starting July 30th, 2009 as reported in The Washington Post over the weekend. Any agent who sells homes (listing agents, pay attention) better get familiar with them or your deals may get delayed at a moments notice, or learn the hard way that buyers believe they can Continue Reading
Town of Vienna, Virginia
The historic Freeman House is located on Church Street in Vienna. It is really the unofficial center of town and its active lifestyle, as on one side is the Vienna Town Green, a weekend farmers market, the W&OD Bike Trail (you can walk or run too), an organic bakery, Bazin's on Church Restaurant, Clarity, great pizza at Church Street Pizza, Continue Reading
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