Falls Church Living

There has been a high level of activity in Woodburn Village this year. Unfortunately, a majority of the sales are foreclosures and short sales. In the few regular re-sales that did take place the prices and appraisals were heavily influenced by the distressed sales. 39 homes sold to date this yea...

There has been a reasonable market activity at the Gates of McLean this year. Investors and homeowners are still realizing the value of the community. Lower priced units routinely have multiple offers on them. There were 18 homes sold in 2009 (in 2008 20 homes sold.) The lowest price was a 1br/1b...

Very interesting article. Not sure if the 20% value increase will be enough to make a difference but with documention of the improvements investors should be able to recoup the cost to rehab these homes. More info at http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf . The news is spreading...

There was an increase in activity in Pimmit Hills in 2009 showing that investors and homeowners still realize  the great value of the community. Entry level homes sell quickly and lots of investors are working in the neighborhood to renovate and sell homes. There were 49 homes sold in 2010 versus...

There has been a high level of activity in Woodburn Village this year. Unfortunately, a majority of the sales are foreclosures and short sales. In the few regular re-sales that did take place the prices and appraisals were heavily influenced by the distressed sales. 19 homes sold to date this yea...

Just found this great article on how to approach a possible short-sale or foreclosure. A long article but extremely useful. This seems to be THE NUMBER ONE question I get.  Unfortunately there are several answers and which  is correct for you depends on the Circumstances.  I will address the comm...

It seems investors and homeowners are finally realizing the value of Idylwood Towers this year. There has been 6 homes sold in the first 5 months of 2009. The lowest price was a 1br/1ba at $190,000. The maximum price was an updated 3br/2ba property at $315,000. The average price YTD for a 1 bedro...

There has been a reasonable market activity at the Gates of McLean this year. It seems investors and homeowners are realizing the value of the community - on the last few homes I inquired or put in offers on we have competed with multiple offers with the sales price ending up at or above asking p...

There has been reasonable activity in Pimmit Hills this year. It seems like investors and homeowners are realizing the value of the community. The last few offers I made on Pimmit Hills homes competed with multiple offers from other competing agents with the sales price ending up at or above ask...

Based on some websites I have run into lately, there seems to be some misunderstandings in regards to the $8,000 homebuyer credit. The confusion may have been fuelled by Mrs. Barbara Corcoran on NBC's Weekend Today last Sunday. On the program she stated to Jenna Wolfe that the $8000 could be used...