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The May 2012 Issue of the Washingtonian Magazine features their 2012 Best Places to Live article and the 50 Most Expensive Homes. A few Northern Virginia cities made the cut, see where and what got mentioned: 1. If you have a family and….are looking for a small town feel: the City of Falls Church 2. [...]
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What Happens After Closing?
April 30th, 2012 
Laura I’ve done several posts leading up to closing day, but haven’t done one yet on what happens after closing. So once you sign all of the paperwork, finally get the keys in your little hot hand – then what? 1. About a week prior to closing, you’ll set up the utilities in your name. You should schedule [...]
Arlington Neighborhood Spotlight: Highview Park Townhomes
April 26th, 2012 Laura A row of 5 brick townhomes located on North Dinwiddie Street in Arlington, VA 22207. Part of the Highview Park Community, these townhomes were built in 1998, feature 3 levels of living with a 1-car garage and driveway. Located near Highview Park, which features a playground, baseball fields, basketball court, picnic tables, bbq area and [...]
An Overview of the Final Walk-Through Before Closing
April 24th, 2012 Laura Did you know there’s something called a final walk-through prior to closing? It is just like it sounds, a final opportunity for the buyers to go through the property to make sure everything still works (or is in substantially the same condition as the home inspection), that nothing was damaged or taken during the move, and that [...]
Posted in Arlington, First-Time Buyers 
Tags: arlington real estate, buyers, real estate process, walk-through 
No Comments »Buyer Agency Agreements To Be Mandatory as of July 1, 2012 in Virginia
April 23rd, 2012 Laura Recent legislation has changed some things about real estate agency in the state of Virginia. I’ve had a personal motto of never requiring Buyer Agency agreements because I have always felt that a strong relationship is based on trust, and I have told every buyer I have every worked with that if at any time [...]
What Days Do Most Properties Become Active for Sale?
April 19th, 2012 Laura Every agent has their own idea of when and how to market new homes for sale. So answers obviously may differ, but I am often asked: “What days of the week do most properties get listed for sale?” Here’s the answer and more importantly, why: Answer: Wednesday, Thursday and lately Friday Here’s why: 1. Broker’s Open: Every [...]
Washington DC Real Estate Prices Up Nearly 8 Percent in March 2012
April 17th, 2012 Laura Low inventory levels continued to drive up prices in Washington DC last month. Inventory levels were 25% lower than this time last year, while prices were up almost 8% on average. A total of 541 properties sold in March, of which 22 were short sales and 19 were foreclosures. Properties were selling for an average [...]
Posted in Washington D.C. Tags: march 2012, market statistics, washington dc real estate No Comments »Steady Increases in Falls Church Real Estate Prices Continue
April 16th, 2012 Laura Another decrease in foreclosures and short sales fueled price increases in the real estate market in Falls Church last month. A total of 106 properties sold, of which 9 were foreclosures and 6 were short sales. Prices increased compared to 2011: Single Family Homes Average Net Sale Price: $516,062 after 54 days Range: $231,970 – [...]
McLean Real Estate Inventory Decrease Causes Price Spike
April 13th, 2012 Laura Decreases across both 22101 and 22102 in inventory levels caused massive double digit increases in average sale prices in March 2012. In 22101, inventory levels were down 5%, and average sale prices were up 36%. In 22102, a decrease of 7% in active homes for sale also caused a 36.8% increase in average sale prices. [...]
What You Need To Know About Buying A Flip
April 12th, 2012 Laura Flipping properties is still going strong in the DC Metro and Northern VA areas. While some are very pretty inside, and usually priced well to sell quickly, there are still some things you need to know when looking into buying a flip: 1. If you’re getting a mortgage, find out what the guidelines are for [...]
