northern virginia: How To Make Sense of Market Data - Part 1 - 12/22/10 02:40 AM

Over the last handful of years few things have grabbed more headlines than the housing market. The sector has been so troubled that it's only competition in the news has been Iraq, Afghanistan, and the financial crisis at large. As we have navigated through this period in history we have been peppered constantly with data by national and local media.
However, to really understand real estate market data it takes more than just looking at the numbers, especially the broader ones. I find it is much more informative, and more fun, if we take a step back and begin asking … (0 comments)

northern virginia: Northern Virginia Condo Faces $50k/Owner Assessment - 12/15/10 02:48 PM
If you are a condominium owner, or are looking to purchase a condo this video is for you.

The assessment discussed in this video is not finalized so we don't know exactly how this situation will play out. However, the severity of this example only serves to make the points made in the video above.
As an owner or potential seller of a condominium in Northern Virginia, or anywhere else for that matter, you ought to be on top of the potential changes happening in your community and how they may effect you or your ability to sell. The folks … (0 comments)

northern virginia: Northern Virginia Real Estate Sucks - 11/30/10 06:50 AM
Well for a lot of folks, it does! Unless you bought prior to 2003 and did't take out any equity during the peak. In that case Northern Virginia real estate is probably pretty amazing. Reality is: Many individuals have to save well into their 30's to be able to buy and put down enough to afford the payment. Couples overextend their debt-to-income ratio's and put themselves into a position where they both have to work whether they want to or not. Buyers need mega gifts from family members just to take the edge off of the payments. Families relocate to Northern … (1 comments)

 
Colin Storm (Weichert, Realtors)

Colin Storm

McLean, VA

More about me…

Weichert, Realtors

Address: 6257 Old Dominion Dr., McLean, VA, 22101

Office: 703(821) 830-0189

Mobile: (703) 638-9144



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