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Alexandria VA Real Estate

Northern Virginia Real Estate Is What People Want

Monday, June 16th, 2008

Have you been trying to sell land in the Northern Virginia area without any real success? There is little reason to put a property in Northern Virginia on the market without definite ideas concerning desired price or deadline for completion of the sale. Remember that your desire is to see the home move as quickly [...]

Fairfax County follows suit - Raises Taxes Rate for Fiscal 2009

Tuesday, April 22nd, 2008

Yesterday, the Fairfax County Board of Supervisors tentatively approved a $3.3 billion spending plan for fiscal 2009 that raised the property tax rate 3 cents, to 92 cents, per $100 of assessed value. The average home assessment declined from $542,400 to $524,100, and the average tax bill is projected to drop about $6, to $4,822. [...]

Fairfax County Reserves option for Real Estate Tax Increase

Wednesday, April 2nd, 2008

The Fairfax County Board of Supervisors left the door open for a three cent increase in next year’s residential real estate tax March 10.
The Supervisors voted eight to two to advertise a real estate tax rate of 92 cents per $100 of assessed property. The current rate is 89 cents per $100 of assessed property.
By [...]

Northern Virginia - 10 Best Places to buy a Foreclosure!!!

Tuesday, April 1st, 2008

Washington DC / Northern Virginia has been ranked by Forbes Magazine as one of the 10 best places to buy a foreclosure home.
Here is the List as compiled by Forbes:

Charlotte, NC
Raleigh, NC
Nashville, TN
Oklahoma City, OK
San Antonio, TX
Albuquerque, NM
Knoxville, TN
Seattle, WA
Indianapolis, IN
Washington-Arlington-Alexandria (Northern Virginia)

“Many exurbs of Maryland and Virginia were drastically overbuilt during the housing boom. [...]

The flavor of the Month is Foreclosure Tours - The Earl Team has been offering tours for Years.

Monday, March 31st, 2008

Tour of Homes, Foreclosures offer by The Earl of Real Estate Team
The latest gimic in the real estate community are bus tours to visit foreclosure properties.
We have been offering tours of homes for years and feel that our approach is done in such a way to protect and serve the home buying consumer.
We don’t just [...]

Northern Virginia Area Reports & Loan Info

Saturday, March 29th, 2008

Buyers’ Dollars Are Going Further
The slowest real estate market in years appears to be translating to nicer houses for Washington area buyers.
Throughout the region, the number of single-family houses and townhouses sold fell sharply last year, dropping by almost a third from 2006…
(More…)
Jumbo Loans Are Reborn, But Terms Are Stiffer
The economic stimulus plan’s new super-size [...]

Articles of Interest about Northern Virginia Real Estate news

Monday, March 24th, 2008

Articles of Interest about Northern Virginia Real Estate news and the overall real estate marketplace:
Alexandria Proposes Increase in Real Estate Tax
Alexandria is the latest northern Virginia jurisdiction to consider a real estate tax increase.
The City Council voted yesterday to propose a tax increase of up to 3 cents. That could raise the tax rate to [...]

Alexandria VA Real Estate Report - Update Aug. 2007

Monday, August 20th, 2007

Alexandria VA Real Estate Report
Alexandria VA Homes for Sale
2,083
Average List Price
544,886.25
Average Active Days on Market
104.2
Current Under Contract Properties
477
Average Price
525,635.60
Average Days on Market
84.5
Number Sold in Last 90 Days
1,284
Number Sold Per Month
428
Average List Price at time of Sale
509,653.53
Average Sold Price
494,182.48
Percent of List Price
97.0%
Days on Market - Sold
66.5
Active to Under Contract Ratio
4.37
Month Supply of Inventory
4.87
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