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A huge increase in the median sale price for Washington DC real estate last month. The median sale price jumped up 12.53% over April 2011. Properties were selling in an average of 67, but nearly HALF of all of the 586 sales were in the first 2 weeks the property was on the market, property [...]
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Washington DC Median Sales Price Up Over 12%
May 16th, 2012 
Laura 
Posted in Washington D.C. 
Tags: april 2012, market statistics, washington dc real estate 
No Comments »Falls Church City Real Estate Sees Double Digit Price Increases in April
May 16th, 2012 Laura Falls Church City saw a 10% increase in average sale price over last year! Properties were selling for an average of 98.7% of the original list price, probably because inventory levels were down nearly 33% from 2011. Overall, a total of 125 properties sold in all of Falls Church, of which 8 were short sales [...]
Evaluating Schools When Buying A Home
May 15th, 2012 Laura I sell real estate, which means I know about the local economy, housing types, inspection repairs, and financing options. It doesn’t make me qualified to evaluate schools though. So when people ask me about local public schools, I can say what I know about them – Barcroft is a year round school, Yorktown has a good softball [...]
McLean Real Estate Selling FAST
May 14th, 2012 Laura McLean real estate is literally flying off the market these days. Prices took a small dip in April, but that’s because more of the “affordable” houses in McLean sold last month, bringing average sale prices down. However, inventory is down throughout McLean, as are days on the market. In 22101, properties were selling for an [...]
Arlington Real Estate Climbs Over 18% in April 2012
May 11th, 2012 Laura Well into the Spring real estate market, it’s easy to see how strong our local economy is! Prices soared 18.13% over last year, days on the market fell to 61, inventory fell by 19%, and properties were selling for an average of 97% of original list price. Condos increased over 21%, townhomes increased over 14%, [...]
Family Friendly Arlington Resources
May 10th, 2012 Laura Arlington has been rated by National sources as one of the best places for singles, but it’s also a very family friendly community. If you’re looking to get involved, listed below are some great local resources for families. Some of these groups require membership and/or a small joining fee, but many are free: Mothers of [...]
How Things Have Changed….
May 9th, 2012 Laura May 9th, today, marks the 32nd anniversary since my parents immigrated to the USA from Belarus. My parents came to the country with about $200, little English, and a 4-year old baby boy (my brother). I thought I would take this opportunity to reflect on how things have changed, and how they influenced my love [...]
New 30 Day Rule for Short Sales
May 8th, 2012 Laura As of June 15th, a new Fannie/Freddie guideline will take effect in how short sales are sold. While short sales aren’t a huge part of our market, you should still know what this means and how it changes the game. Here’s the outline for the upcoming changes: Banks now must respond with 30 days. If [...]
Posted in Arlington, Foreclosures, Investor Tags: arlington real estate, guidelines, short sale No Comments »The Importance of Following Up with Your Listing Agent
May 8th, 2012 Laura When you select and sign an agreement with a Realtor(R) to list your home for sale, it is imperative you follow up with them to see a copy of the listing that the world will see. Lately, I’ve seen an increasing number of mistakes which range from: upside down photos, the WRONG Street address (building [...]
Back Up Offers: Why I Think They’re Pointless (as a Buyer’s Agent)
May 4th, 2012 Laura Back up offers are, by definition, the next in line to purchase a property should the current contract fall through. They’re becoming more popular with listing agents in our market, but I have some strong opinions on why (as a buyer’s agent) they’re almost pointless and waste of your time and effort. I’m sure you’re [...]
Posted in Arlington Tags: arlington real estate, back up offers, buyers, negotiating, sellers No Comments »
