Friday, November 12, 2010

Northern Virginia Bits Bucket 11/12/2010

Please post your local house search updates, MLS finds, on-topic ideas, and links here.

Posted by Harriet at 6:00 AM

11 comments:

MM said...

poor guy - next door neighbor is in foreclosure and at 18% lower than his $1MM price tag. would be hard to justify the $180K even if it's nicer (but maybe not to people buying $1MM houses...)

i can't wait to see which house gets sold first...

11/12/10, 9:47 AM  
newbieinNoVa said...

Not sure why I find this surprising but I do. Seven of the ten richest counties in the US are in the metro DC area:

1. Loudoun County, Va.
2: Fairfax County, Va.
3: Howard County, Md.
4: Morris County, N.J.
5: Arlington County, Va.
6: Montgomery County, Md.
7: Nassau County, N.Y.
8: Somerset County, N.J.
9: Calvert County, Md.
10: Charles County, Md.

11/12/10, 10:51 AM  
pat said...

http://franklymls.com/AR7431742

assessed at 386K, sells for 275K

But Immunington never goes down.

but it did sell quick so it was well targeted.

11/12/10, 2:35 PM  
housebuyer said...

newbie-

Yeah this is a very wealthy area. It has very few incredibly wealthy people (100+ million/billionaires), but an enormous number of people who make $150+K.

11/12/10, 2:36 PM  
pat said...

newbie

has been for a long time,
mostly because there is high employment, and very few truly poor.
the bad thing is it's hard to get out of the working poor if you are around here. Rents are high, cost of living is high, sure you can make $9/hr working at burger king but, you can't get a 1 BR apartment for under 1500.

so sure it looks great.

11/12/10, 2:37 PM  
pat said...

Cheryl, Ace, HB

http://www.youtube.com/watch?v=akVL7QY0S8A

you should watch this. It's quite interesting and gives a much better perspective on women in the workforce.

11/12/10, 2:41 PM  
pat said...

http://www.youtube.com/watch?v=8GHg3GAeQ1Y

Cheryl,ace

before you bust people too hard
check out this video.

11/12/10, 2:52 PM  
contrarian said...
This comment has been removed by the author.
11/12/10, 4:23 PM  
housebuyer said...

contrarian-

I am not sure why that shows total net interest margin rather than NIM %. The NIM % actually isn't that high, its just that banks have significantly more assets than they had decades ago.

There is also questionable math going on. He claims that the banks usually charge fees that change the face value of the loan by 7-10%. This is only true for tiny loans, I bet no one on this blog paid fees anywhere near that high...

11/12/10, 4:38 PM  
contrarian said...
This comment has been removed by the author.
11/12/10, 5:03 PM  
Va_Investor said...

Heard the VA Governor speak tonight. He said VA is behind only Texas in job creation this year. Said we've "turned the corner" and emphasized that NoVa is the engine. Big things coming for the Dulles Corridor...etc., etc.

fwiw

11/13/10, 12:36 AM  

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