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.
Hi,This is Gloria Agnello, a professional writer. I am Mentor of some good financial communities & regularly write articles based on finance for good quality finance sites & blogsSo, I would humbly request you to give me an opportunity to write a unique fresh article on your website novabubblefallout.blogspot.com. This article will be totally free of cost & you will also be having full editorial right on that article. If you want, I can show you some of my sample work. You can reach me at: gloria.agnello[at]gmail[.]comIt would be my pleasure if you can answer me soon.
In what language are you a professional writer?
"This is Gloria Agnello, a professional writer"misuse of third person."I am Mentor "missing preposition and improper capitalization"I am Mentor of some good financial communities & regularly write articles based on finance for good quality finance sites & blogs"I would suggest"& I regularly write articles based on finance for high quality finance sites and blogs""you will also be having full editorial right on that article."Improper conjugation"It would be my pleasure if you can answer me soon"awkward phrasing.those are the errors i see
http://franklymls.com/DC7669859closes at 219, assessed at 294.down down 20% from assessed, downfrom peak? maybe 50%
Pat-There are always places that are 20% less than assessed in any market. The fact they use words like great bones and recommend using a FHA 203K loan makes it sound like the place is a complete dump. So seeing it is in a place in a rough part of DC and it needs a lot of work it is probably irrelevant to the markets everyone on this board look at except for you? If we start to see houses that are in good shape in Fairfax, Arlington, Bethesda... selling for 20% less than assessed values then many of us will agree that the markets are headed down.
hb,It is impossible to make the kind of generalizations that pat makes. The sold vs assessed is truly meaningless when posted in a complete vacuum. I don't get the point of even posting this stuff. It's hard to give any weight to comments that are at either extreme.If pat thought further large drops were on the horizon he wouldn't be engaging in bidding wars. The idea that all buyers would go on strike against bidding wars is absurb. I hate them but have encountered them on many purchases. The "right" number is up to the buyer to determine and buyers have different criteria.
contrarian said..."Postal Service is insolvent, but hey! it will never affect the housing market, right? "I guess they will just have to raise the price of stamps. #inflation
DavidRaising stamp prices for USPS is somewhat a losing game. More and more mailings are becoming discretionary, and as prices rise, fewer units of mail will go out.now the problems of the USPS are somewhat outside the scope of this blog, so lets just leave it alone.
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