Please post your local house search updates, MLS finds, on-topic ideas, and links here.
Friday, July 30, 2010
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Continuing to examine and hold a lively discussion of the Northern Virginia Real Estate market.
Please post your local house search updates, MLS finds, on-topic ideas, and links here.
Posted by Harriet at 6:00 AM
11 comments:
I appreciate the theory of Brambleton but when you drive through it, it just looks pitiful and naked. What is the problem with the actual execution of those "neo-traditional" subdivisions?? I think the lots are too small (especially, as someone mentioned, to move all the way out to the middle of nowhere and get no privacy) and look ridiculous compared to the house footprint. Also, can't they leave up a few trees so people have the illusion of privacy?
And, the Brambleton shopping center just look likes a regular strip mall, to me. Nothing town-like about it.
My friend lives in a new development in the Charleston suburbs and it is gorgeous, but they left the old trees up and the house spacing is just nicer somehow. The lots aren't that big--only maybe 1/4 of an acre but having the trees makes a huge difference.
Meshell
I agree completely with what you are saying. Builders love to destroy the trees, I think it is easier for them to bulldoze them then to build around them. I need trees and most new neighborhoods just don't have them.
I like to be able to stand in my kitchen in my underwear without my neighbor looking through my back window like I was living in a townhouse. Sad but true :)
Too high? Too low? Just about right?
http://franklymls.com/AR7319093
My $0.02
Remember the new house on Wash. Blvd. that's been for sale for almost 3 years, and under contract for more than a year? It finally sold, for a price that is a little higher than I expected, given the busy street and other flaws.
Wash. Blvd.
mytwocents, IMHO, the co. assessment is way too high because the co. doesn't consider property condition/updates or busy street location. It's a decent size for the price. But I don't think it's a steal.
It needs a lot of updating, looks as if it had been rented awhile so probably has lots of deferred maintenance, and it will always be on Lee Hwy, even though it is back a little. And I don't know whether the floor plan, etc., is good.
I have noticed casually that that listing agent tends to list at prices that are too high (generally) and properties sit awhile and require price cuts. I don't know whether he doesn't pull out the comps. and inform/convince the seller well enough at the outset, or whether he "buys" listings by promising too much, only to have to drop the price later. Or maybe my anecdotal observations aren't consistent with his pattern.
Foreclosures in Fairfax County
In the last two months, the number of net remaining foreclosures in Fairfax County ticked slightly upwards, increasing from 705 in March, to 744 in April and 767 in May. This is still well below the County-wide peak of September 2008 of 2,257 foreclosed properties on the market, but does represent the first increasing trend in the last nine months.
Another entry for our ugly house archives:
ewwww
http://franklymls.com/AR7377986
372 in 02, 399 list in 10
1% a year gain since 02
almost reasonable
BTw that unit has sat as a foreclosure
since 08
i think we call that shadow inventory
Thanks Contrarian and Robert,
FFX County tops that foreclosure notice totals list mostly because it has a lot of houses....
In terms of rates:
FFX Cnty's 1 in 156 homes is a far cry from PWC's 1 in 75 homes. Loudoun likewise is a bit of both in terms of more houses and more filings, with a rate of 1 in 113.
REO's are creeping back up, but not drastically yet. Another nice-to-know number from Robert's report was that the average holding time by a bank after the auction was 4.5 months in FFX Cnty.
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