There have been some impressive claims about the real estate market in August, but there is a sharp dividing line between McLean 22101 and 22102. Yes, 22101 saw some good real estate sales numbers. The strength of the McLean home market is its strategic location keeping this area in demand since access to D.C., Tyson's, Arlington plus Dulles and Continue Reading
Figuring out the Vienna Home Market… August 2009
I understand that you are bombarded with August's real estate sales data, but I always like to keep it simple, and the Vienna home market in the 22182 zip code was actually pretty flat versus 2008... which may be good news to some of you. But, if you are a seller with a home priced over $800,000 then you are still searching for a needle in a Continue Reading
Figuring out the McLean Home Market… July 2009
With all you read about the July real estate market, I was surprised to read through the MRIS data for the two McLean, Virginia zip codes, 22101 and 22102. The sales numbers remain down although prices have dropped and mortgage rates were close to 5% on 30-year loans. The strength of the McLean home market is its strategic location keeping this Continue Reading
Figuring out the Vienna Home Market… July 2009
You may be bombarded with July's real estate sales data but I want to keep it simple, and the Vienna home market in the 22182 zip code appears to have picked up pace in July over 2008's numbers. If you are a seller with a home priced over $800,000 then you are still searching for a needle in a haystack. I just looked over real estate resale data Continue Reading
Figuring out the Vienna Home Market… May 2009
With all you read about the housing market, buying a Vienna home in 22182 appears to be a better bet right now. But if you are a seller with a home priced over $800,000 then you will be sobered. I just looked over resale data from MRIS of the Vienna zip codes ( 22180-22182) for the month of May, and the biggest gains seem to be in the 22182 zip Continue Reading
Figuring out the McLean home market… April 2009
With all you read about the housing market, buying a McLean home appears to be a roll of the dice right now. I just looked over resale data from MRIS of the McLean zip code ( 22101) for the month of April and noticed a big drop in the number of units sold. Total Units Sold in April 2009, 28 vs. 34 in 2008 (down 17.65%) Average Sold Price in Continue Reading
Figuring out the Vienna home market… April 2009
With all you read about the housing market, buying a Vienna home appears to be a safe bet right now. I just looked over resale data from MRIS of the Vienna zip codes ( 22180-22182) for the month of April and the biggest gains seem to be in the 22182 zip code... looking at the number of sales. Total Units Sold in April 2009, 23 vs. 13 in 2008 Continue Reading
A secret buyer agent search strategy for a home in Vienna, Virginia
Yes, another buyer agent secret search strategy for a lucky client living in Vienna, Virginia When I meet with buyer clients, I like to discuss how our home search is going to involve a multi-pronged effort in order to be successful. The client will use the resources of the Internet with sites like Homesdatabase.com, Realtor.com, Trulia or Continue Reading
