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.
Dc2,Remember the million $ flip ranch house in your Arl. neighborhood that you said was overpriced? It's been taken off the market, unsold.3630 N Peary
Pat,I admire your tenacity with the DC real estate market.But still, If I had to live in DC, and by had, I mean if I was forced to live there at the point of a bayonet, I'd ask to borrow the bayonet once I was installed in whatever housing I was doomed to live in.Here's why:DC - Still one of the most dangerous places to live in the USA but we can never be sure because DC Police still cook the booksFrom time to time I hoist a beer with a fellow retired LEO who works for (insert three letter agency name here) as a contractor. In his professional 30+ year law enforcement opinion, he once told me that "I wouldn't be buried in DC much less pay to live there. Life is cheap, and if you're not on your toes 24/7 it's only a matter of time before you're one of the statistics"FWIW
Sorry I have not been able to comment as much lately. Although maybe some view that as a good thing. :)---I saw this about planned road projects around Tysons. Anyone recall or know how much widening they did in Arlington after building Metro? I just do not get the feeling they had so much road widening planned. Wilson/Clarendon Blvd and Fairfax Drive etc are all relatively narrow. Maybe Route 1 along the Blue Line has been widened?The first five projects are funded and should be finished by 2013. These include widening Route 7 between the Dulles Toll Road and Route 123, widening Interstate 495 for four high-occupancy-toll (HOT) lanes and constructing ramps connecting the HOT lanes with Jones Branch Drive, Westpark Bridge and Route 7.Second-phase projects, which would be finished between 2013 and 2020, would include widening Route 7 between Route 123 and I-495 and between the Dulles Toll Road and Reston Avenue; extending Boone Boulevard to Northern Neck Drive; extending Greensboro Drive from Spring Hill Road to Tyco Road; extending Dulles Toll Road ramps to Greensboro Drive and Boone Boulevard; constructing Dulles Toll Road collector lanes; and building a bridge over I-495 to connect Jones Branch Drive with Scotts Crossing Road.The third phase, which would be built between 2020 and 2030, includes these projects: widening Route 123 between Route 7 and I-495 and between Route 7 and Old Courthouse Road; widening Route 7 between I-495 and the city of Falls Church; widening Gallows Road between Route 7 and I-495; widening Magarity Road between Route 7 and Great Falls Street; and building a bridge over the Beltway to connect Tysons Corner Center with Old Meadow Lane or Road.ArticleI'm not sure they are really following the Rosslyn-Ballston model. Not necessarily a bad thing since it might be too tough to impose that on Tysons. But if you are not going to make it that walkable it should affect how much density you zone there.
TNCowboy up there.The gun regs have been lifted, so,we should have seen a massive reduction in crimes as people used the 2nd amendment.
TBW - I think a lot of the road widening is necessary because they elected to put the metro in the middle of the road rather than under it. The rest is stuff that Tysons needs now anyway. I lived in Clarendon and it was never as backed up to get down Fairfax to 66 as 7 gets backed up through Tysons.
Blogger pat said... TN Cowboy up there. The gun regs have been lifted, so, we should have seen a massive reduction in crimes as people used the 2nd amendment.LMAO. Thanks Pat. We needed a laugh.Gawd, that's funny.
http://franklymls.com/AX7459268taxed 199, sells at 150
Welcome back, TBW. I thought maybe you had taken the plunge, bought a place, and wouldn't be returning.
TBW-Welcome back. I think they are partly using the metro as an excuse to expand roads that should have been expanded years ago. Tyson's traffic is considerably worse than Arlington traffic. I think they are also widening several roads that have nothing to do with the metro like Gallows and Lee Hwy.
contrarian,Did you even read the article? That is one of the most misleading headlines I have ever seen.
Tex - I have several friends who live in DC proper. One has lived there 7+ years, another over 30. And both have told me that they have never been affected by crime (other than insurance hikes). No robbing, raping, mugging, buglary, etc. So it is not all inevitable inescapable doom n’ gloom.Welcome back TiredBubbleWatcher - I commute into the Tysons Area every day. I drive a bit over 13 miles and it normally takes me 50 to 90 minutes. This week, I averaged 20 minutes for the route. Gallows Rd is a misery. Many nights (like tonight) I take 40 minutes to go one mile…
c,Are these people with kids? Do they live in NW?
<a href="http://franklymls.com/AR7478149> cute </a>sold at 485K during the bubble,resold at 370K, thenjust sold at 285K.Down 40% from the peak....at least it's a price around sanity.
Here is the sentence from the article contrarian linked (thanks) that struck me:"But if the federal government cuts back on private defense contractors, as Defense Secretary Robert M. Gates proposed in August, that's a "much bigger deal," because defense contracting jobs are more than double the size of the federal payroll, Fuller said."More than double. That is an amazing number and one that I would guess 99% of journalists and the general population would have gotten wrong.
c, I have friends who are similarly situated, although they scoff at people who report car break-ins. Yet I don't think they have ever experienced one. Yes, they live in a comfortable NW townhouse. I think there are huge differences between areas in the city, in actual and reported crimes.Further re: the article TN linked: Notice that big increases in crime were reported around the universities. The universities have been affected by a fairly recent law forcing them to be more honest about crimes on campus and in the surrounding areas. The commentary in the article TN linked raised several questions about prior reporting, etc., and other explanations. I didn't see a similar article in The Post and I don't find The Examiner generally very credible (though they may be entirely accurate in this particular article). It will be interesting to see if The Post pursues the story.
Clery Act Univ. Crime Reporting Guidelines
"Rates for a 30-year fixed-rate mortgage averaged 4.17 percent in mid-November, the lowest level since Freddie Mac started tracking the figures in 1971. But they've been higher since then, creating some angst about how that will affect home purchases and refinancings.Freddie Mac economists predict that rates will stay below 5 percent in 2011. But the Mortgage Bankers Association expects rates to rise to 5.5 percent by year's end. The MBA predicts that total mortgage originations will drop to $967 billion in 2011, the lowest level since 1997, mainly because of a sharp drop in refinancings"rates will be a big factor in the market
VA InvestorOne couple lives near Kalorama, one lives in Capitol Hill. Neither have children.I have another friend who moved into the H Street corridor several years back. That couple hasn't had any problems but they worry about it. They don't have kids either.
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