Category Archives: NoVa Market Updates

Win The NoVA Pricing Game Buy in the Winter Months

Winter is a good time to buy a new home in Northern Virginia.  While your friends are spending Sunday afternoon watching football you could be out scoring the best prices of the year on your new home. First let’s look at some statistics.  In the summer months the list to sales price ratio of homes […]

Lies, Damn Lies and Stastics In NOVA Real Estate

Mark Twain’s quote on the misuse of statistics always pops in my head when I look at the Northern Virginia MRIS data. The problem with the data is the Realtors® who enter it and how easily it can be manipulated to tell a different story. Let’s face it, chances are you have driven through a […]

Fairfax County 2013 Real Estate Market

Simple equation of supply and demand. As the Fairfax County Inventory rose the prices slipped downward. However the good news is Fairfax County home owners found themselves with an average appreciation of 5.24% over 2012. The sales volume in the county increased 8.67% over 2012. Sellers with realistic price expectation sold their homes for 96.4% […]

Potomac Shores Luxury New Home Ready For Jan 2014

If you are ready to make a move check out this deal on a home in the Potomac Shores development in Dumfries VA. This 3100 SF model is loaded with over $35,000 in upgrades. 4 Bedrooms-3.5 Baths Finished Basement with Recreation Room, Media Room, Bedroom and Full Bath Stone Fireplace and Hardwood Floors Beautiful kitchen […]

Potomac Shores Front Porches Are Waiting For You

It’s getting closer to the day when the doors will open, by appointment only, on the Potomac Shores model homes.  As one of the preferred Realtors® on the Potomac Shores VIP list we’ve had access to some of what’s going on behind the scenes. One of the distinguishing features of the new Ryan and NV […]

Have You Checked Your Mortgage Approval Letter Recently?

Mortgage interest rates have begun to tick up.   Northern Virginia buyers who were right on the edge of qualifying at a lower rate may now find they need to re-evaluate their approval letter.  Though mortgage interest rates are still far below what they have been in the past it doesn’t seem to take much […]

Twinkies Are Coming Back And So Is The NoVA Real Estate Market

For anyone who has been worried what they would do without their beloved Twinkies the news is out that they should be rolling off the production line this summer. Just as Twinkies are coming back so is the Northern Virginia real estate market. It seems only a few months ago when we wondered when the […]

The Perfect Storm In NoVA is Brewing Again

Does this sound familiar? Lots of buyers. Low inventory. Multiple Offers. Bidding Wars. This is positive news for sellers. Competition with other properties is lower. Buyers are out making offers.  Price it right and they will likely come.  Price it to high and the appraisers will knock you back to reality as they aren’t letting […]

How Far Does Your Home Buying Dollar Stretch in NoVa?

Northern Virginia offers buyers a lot of choices when it comes to buying a home.  However where in Northern Virginia you decide you would like to live makes a big different in what you will get for your money. The closer you are to DC or whether you decide to live “inside or outside” the […]

The Pain Stops For NoVa Short Sale Buyers

When you quit hitting your head against the wall. This post applies equally to buyers looking to purchase a short sale as to the agents who are writing the offers. Recently the phone rang with a frustrated buyer.  They wanted to fire their agent so they can work directly with the listing agent. Why? Seems […]