Old Town Del Ray Alexandria VA Real Estate and Homes For Sale

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Pointe at Park Center Condos | 3306 Wyndham Circle #225 For Sale

Pointe at Park Center Condos | 3306 Wyndham Circle #225 For Sale

Alexandria VA Real Estate and Condos For Sale - Just listed 3306 Wyndham Circle Unit 225 at an unbeatable price of $175,000 by Tamara Inzunza, Top Alexandria VA Listing Agent of McEnearney Associates, Inc. Realtors.

No need to do a double take because the price is right! Only $175,000 for this second floor one bedroom condo in Alexandria VA. Special features include:

gated community
assigned parking
all new kitchen appliances including refrigerator, stove, range hood, and dishwasher
kitchen with center island with bar overhang
private views from the second floor balcony
washer and dryer in the unit
walk-in closet in the master bedroom

This home is perfect for the northbound commuter, it is located just one traffic light away from I-395 off of King Street. Low monthly condo fee includes shuttle to the Pentagon City metro, outdoor pool, fitness center and more.

Take a look at the map below to see how quickly you can get from this home to where you want to go. Easy access to Baileys Crossroads, Shirlington, Tysons Corner, and Washington DC:

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Buying or Selling Real Estate in Del Ray or Old Town Alexandria VA? Looking for short sales in Alexandria Virginia? Contact Tamara Inzunza, Associate Broker of McEnearney Associates, Inc. Realtors to list and sell your home, or purchase a new home. I specialize in real estate homes for sale in the beautiful Alexandria VA communities of Old Town Alexandria, Del Ray, Kingstowne, and Manchester Lakes including condos, townhomes, and single-family homes for sale.

Call me at 703-623-8759.

Be sure to visit my website where you can Search MLS Listings of ALL Homes For Sale in Alexandria VA at www.MovingToNova.com/. If you're thinking about selling and would like to know how much your Alexandria VA home is worth, visit http://www.confidentialcma.com/ for a complimentary market analysis of your home. Not selling but curious about the homes for sale in your neighborhood, visit http://www.movingtonova.info/ for FREE Market Snapshot reports and stay informed whenever a home is listed or sold in your neighborhood.

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 02/06/2012 01:49 PM

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Happy New Year - 2012 Is Officially Here Is A Condo In Your Future

Happy New Year - 2012 Is Officially Here Is A Condo In Your Future

Happy New Year

The new year is officially here and one of the best ways to ring in the new year, is with a new home. If you're a first-time homebuyer and are just starting out, then perhaps a condo for sale in Alexandria VA is just what you're looking for.

Garden-styled condos in Alexandria VA are buildings with 1-4 floors. Some buildings have elevators, like the Exchange at Van Dorn near the Van Dorn metro, or St Asaph Square in Old Town. What makes these types of Alexandria VA condos attractive is that the monthly condo fees are the lowest, often in the range of $250-$450, and these smaller complexes usually have assigned parking. To view garden-styled condos for sale in Alexandria VA, click here.

Mid-rise condos are buildings with 5-8 floors. These buildings, like The Lofts off of Duke Street, 1600 Prince Street near the King Street metro, or the luxurious Porto Vecchio on the Potomac River, usually offer more security than the garden-style, and are perfect for buyers looking for buildings that do offer more views, but may not want the height of the high-rise buildings. To view mid-rise styled condos for sale in Alexandria VA, click here.

High-rise condos in Alexandra VA are buildings with nine or more floors. Usually, when you think about a high-rise, the first thing that comes to mind is 'penthouse living'. High-rise condos often are synonymous with luxury. Not a surprise with buildings like Carlyle Towers near the US Patent and Trademark Office (USPTO), Midtown Alexandria directly across from the Huntington Metro, or Montebello which is known for its beautiful views and shuttle to the Huntington Metro. While the high-rise condos in Alexandria may set the standard for luxury, security, and convenience, they are also met with the highest condo fees ranging $500 to over $1000 per month. To view high-rise condos for sale in Alexandria VA, click here.

If you're ready to ring in the new year with a new home and are ready to look at Alexandria VA condos for sale, give me a call at 703-623-8759. There are plenty of homes and styles to choose from, and homes to fit any budget.

Happy New Year, and here's to you and your new home in 2012.

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 01/01/2012 02:36 PM

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Condos for the New Year in the Home Buying Channel

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Where Are The Black Friday Deals In Alexandria VA - Bargains Are With Short Sales and Foreclosures

Where Are The Black Friday Deals In Alexandria VA -
Bargains Are With Short Sales and Foreclosures

Alexandria VA Real Estate - By now you've probably gone through dozens of 'Black Friday' and 'Cyber Monday' emails. If you're shopping for a home in Alexandria VA, the best deals are in the short sales and bank owned foreclosures. And here are the numbers to prove it.

When you mouse over the points in the above chart, you'll see that distressed sales (bank foreclosures and short sales) are most often sold at a deeper discount. This is a represenation of the homes that sold in Alexandria City from May to October 2011. In October 2011, Alexandria VA short sales sold on average at 89.37% of the original asking price, and bank owned foreclosures sold at 93.32% of the orginial asking price.

So there's no doubt that if you're looking for a deal, then the distressed properties are where you should start. Traditional home sellers in Alexandria are faring much better, and were able to get 95.75% of their original asking prices in October. With the exception of the peak percentage for short sales in May, where short sales were sold at 98.22% of the originial asking price, the trend shows that bank owned foreclosures end up selling for more.

If you're still hanging on for a 'Black Friday' or 'Cyber Monday' deal on an Alexandria VA home for sale, the biggest discounts are in the short sales. Are you ready to shop?

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 11/29/2011 02:12 PM

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Black Friday Real Estate Deals in Distressed Sales in the Home Buying Channel

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Alexandria VA 22304 Real Estate Market Report and Home Sales For October 2011

Alexandria VA 22304 Real Estate Market Report and Home Sales For October 2011

Alexandria VA Real Estate - The Alexandria VA zip code of 22304 is located in Alexandria City and includes the planned community of Cameron Station. Popular condominum communities include Exchange At Van Dorn, Watergate at Landmark, Hallmark, The Lofts. Townhome communities include Townes at Cameron Park, Summers Grove, Early Street Village, and Quaker Ridge. Duplex communities include Wakefield, Cameron, and Duke Gardens. And single-family communities include Seminary Heights, Seminary Valley, Chelsea, and Dalecrest. Here is a snapshot of the real estate market and homes sales for October 2011 for the Landmark and Cameron Station area of 22304:

Market Stats For 22304 October 2011

A total of 42 homes sold in October 2011, totaling $14,330,199 in sales volume. The median price for homes was $280,750, while the average sold price was $341,195. On average, homes for sale in 22304 stayed on the market for 96 days, and sold for 93.88% of the asking price.

So, how's the real estate market in the Alexandria zip code of 22304?

When you mouse over the interactive chart below, you'll see that the home sales broke the three month decline and bounced back from 37 homes sold in September, to 42. Also, the number of foreclosures and short sales is low but these units saw an increase in homes sold in October. There were nine foreclosures that sold, up from two in September; and three short sales sold in October, up one unit from two that sold in September.

What happened to the median sales price for the 22304 area in October?

The median sales price for homes in the 22304 zip code peaked this year in September at $345,000. In October, the median sales price decreased to $280,750.

How long will it take to sell my Alexandria VA home in the area of 22304?

The average Alexandria VA home seller in 22304 is probably mystified at the jump in the average days on market for the month of October. August and September were the best time for sellers with the average days on the market at 52 and 53 days respectively. October's numbers are defintely cause for concern for potential sellers.

Are Alexandria VA home sellers giving away their homes in the area of 22304?

Not only did home sellers in 22304 take a beating with the average days on the market, but in October, homes sold for 93.88% of the orginal list price. This average peaked in August at 95.96% of the orginal list price.

If you currently own a home in the Alexandria VA zip code of 22304 and want to know what your home might be worth, just click here for a free market analysis. Working with the #1 real estate company in the City of Alexandria, my internet marketing plan will work non-stop to get your home sold.

Old Town Alexandria VA Real Estate Sales and Market Report for October 2011

Kingstowne Alexandria VA Market Real Estate Sales and Market Report for October 2011

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 11/26/2011 02:01 PM

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Alexandria VA Homes Sales for 22304 Statistics in the ActiveRain Channel

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Alexandria VA 22307 Real Estate Market Report and Home Sales For October 2011

Alexandria VA 22307 Real Estate Market Report and Home Sales For October 2011

Alexandria VA Real Estate - The Alexandria VA zip code of 22307 is located in Fairfax County and includes the popular single-family neighborhoods of Belle Haven, Bucknell Manor, Hollin Hills, Marlon Forest, and Villamay. From luxurious Wysteria Lane-like estates, to elegant ramblers, these homes offer historic charm and Potomac River views. Duplex neighborhoods known for affordability, convenience, and no HOA fees include Beacon Manor and Bucknell Heights; and townhomes communities within an association include Belle Haven On The Green, and Olde Belhaven Towne. Condominium communities in 22307 include Belle View, and River Towers. Here is a snapshot of the real estate market and homes sales for October 2011 for the Greater Mount Vernon zip code of 22307:

October 2011 Stats for 22307

A total of 12 homes sold in October 2011, totaling $5,463,800 in sales volume. The median price for homes was $312,450, while the average sold price was $455,317. On average, homes for sale in 22307 stayed on the market for 48 days, and sold for 94.89% of the asking price.

So, how's the real estate market in the Alexandria zip code of 22307?

When you mouse over the interactive chart below, you'll see that the home sales have been decreasing for two consecutive months. Also, the number of foreclosures and short sales is low. In October, no short sales closed, and only one bank owned home sold, consistent with distressed sales in September.

What happened to the median sales price in October?

The median sales price has been adjusting like a seesaw since March, up and down, up and down. October's median sales price of $312,450 is down 38.13% from September's median of $505,000.

How long will it take to sell my Alexandria VA home in the area of 22307?

Any Alexandria VA home seller in 22307 would be ecstatic about a home that went under contract in 48 days time. Just over a month, October's average days on market is better (lower) than September's average of 78 days.

Are Alexandria VA home sellers giving away their homes in the area of 22307?

Creeping closer and closer to 95%, sellers fared just a smidge better in October at 94.89%, as opposed to 94.72% in September

The Greater Mount Vernon area has consistenly drawn buyers because of its location along and near the GW Parkway, and convenience to I-495 and Maryland. If you are thinking about selling your Alexandria VA home, call me today at 703-623-8759 to find out what your home is worth. You'll benefit from my online marketing plan that targets local and relocating buyers.

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Call me at 703-623-8759.

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 11/21/2011 08:58 PM

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Alexandria Va Real Estate in the Real Estate Market Channel

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Every Seller's Goal Should Be To Attract Two Offers

Every Seller's Goal Should Be To Attract Two Offers

How many times have you heard sellers say, "We'll I'm not going to give it away" when it comes to setting the right price. Then follow it up with because "all we really need is the right buyer." Hogwash. Every seller (and listing agent) should get out of that mindset and realize that every seller's goal should be to attract two offers...so they can pick the best one.

Loreena Yeo's recent experience with 'Feedback That Backfired' proves this point concisely. She had a situation where a buyer's agent provided negative feedback, then submitted a low offer, only to be followed by a better offer from another buyer. The sellers felt better about the second offer because the buyer didn't provide negative feedback about their home. But feedback and feelings aside, the sellers were in the driver's seat, why? Because they had the privilege of being able to choose from two offers.

When you only have one offer, it can be painful to give and take, and the negotiation process can take longer because the seller may not really want to deal with this particular buyer. One offer on the table can make the seller feel like they're giving the home away because there's no guarantee when the next offer will come along, and there's the dreaded reality of reducing the asking price. When you only have one offer, sellers can feel forced to try to make it work. Ah, but when you have two offers, the environment changes...to the benefit of the sellers.

In a multiple offer situation, sellers get to experience the bidding war that they secretly desired from the beginning. Even though their listing agent has informed them of the buyers market, and that the last home that sold stayed on the market for seven months, they still cross their fingers and hope that their home sells within days of listing and yields multiple offers.

So, the next time you hear your seller say, "All we really need is the right buyer," or "We just need one offer," be sure to correct them and help them see the light. Help them understand that every seller's goal should be to attract two offers. Then they can have the sellers market that they've always dreamed of.

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 11/17/2011 10:11 AM

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Bidding War in a Buyer's Market in the Home Selling Channel

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Internet Home Value Calculators - How Accurate Are They?

This is a very important article for Alexandria VA homebuyers to read and understand when it comes to trying to get a grip on the Northern Virginia real estate market. Our area is, and always has been an anomaly when it comes to real estate home values. The same house built by the same builder with the same upgrades can be $775,000 inside the beltway, and $425,000 in Lake Ridge or even Triangle.

Factor in McMansions, walking distance to metro, a sought-after school district, a park, or even a parkway and there is not a website around that will get it right. That's exatly why you should seek the help of a knowledgeable, local Realtor to help you determine the value of a home that you'd like to sell or buy.

Via Myrl Jeffcoat (Real Living Great West Real Estate):

Occasionally, I will hear or read comments from homebuyers, homeowners, sellers and real estate professionals, about the value and use of online housing calculators that provide estimates of property value.

Earlier this week, I came across an interesting article in the Yahoo Finance section titled, “The Fuzzy Math of Home Values,” which delved deeply into this topic.

The article was written by Alyssa Abkowitz, of Wall Street Journal’s SmartMoney. In one case vignette, Abkowitz showcased Jason Gonsalves, of our Greater Sacramento area. Gonsalves had invested hard work to turn his 6,500 square foot home in the Sacramento suburbs into an ultimate grown-up party pad. The home boasted a custom wine cellar, game room and a home theater. There was a wood-burning pizza oven, and searing station outside. An infinity-edge pool overlooked the lapping waters of Folsom Lake. BUT as Gonsalves was finishing up on his home improvements, and delved into refinancing his $750,000 mortgage, he became startled when according to one popular real estate website, his home value had dropped over $200,000 during a recent seven-month stretch.

Another on-line real estate estimating website valued Gonsalve’s home at a mere $640,500. Adding confusion to the picture – a real-life appraiser had valued the house at $1.5 million.

According to SmartMoney Magazine, the calculations behind online estimates are adding confusion to an already tricky housing market.

As increasing numbers of consumers are groping for information in a cloudy housing arena, the home-value technology provided by Zillow, Homes.com, and Realtor.com have offered an alternative for consumers. In the past years real estate professionals generally held most of the real estate informational data. But with today’s fingertip technology, homebuyers, home sellers and owners can key up almost any home, in hopes of learning what a home is worth.

However, critics say, the estimates can be far rougher than most consumers realize. Variations in home valuation can vary 20, 30 or even 50 percent higher or lower than a property’s eventual sale price.

The on-line companies, which provide their valuation estimators, rely on the use of algorithms. Because these algorithms often change, the values of homes often change. According to the SmartMoney article, this summer Zillow made adjustments that affected all of the 100 million homes in its database, and some home value quotes swung by hundreds of thousands of dollars in as little as a month. A special Louisville, Kentucky home which according to legend, acted as inspiration for Daisy’s home in The Great Gatsby, quadrupled in value over 30 days. While according to Zillow, a Brooklyn, N.Y. townhouse currently listed for $5 million, was valued at a jaw-dropping $31 million in the middle of the real estate crash.

The former owners of the “Gatsby house,” watched Zillow put a $331,000 value on the house in May. In July it had climbed to $1.5 million. Zillow claimed the lower estimate reflected errors in its statistical model. The sellers had to fend off a stream of lowball offers before they ultimately sold their dwelling this autumn.

Zillow, Trulia, Homes.com and all their competitors make clear their numbers are only guesstimates. They present disclaimers about information and material consumers garner from their websites. However, homeowners don’t always pay attention to the disclaimers.

In most of real estate history, home values have been an appraiser’s task. The process involves gathering data on recently sold properties in the vicinity, and comparing them with the “subject property.” Size, condition and characteristics, are components considered. Unique qualities and added amenities, such as a swimming pool can add value. The appraisal process is as much art as science.

The SmartMoney article written by Alyssa Abkowitz is really an in-depth piece that goes more deeply into the process of home appraisal and the use of on-line calculators. I recommend consumers and real estate pros read it in its entirety. It can be accessed via: “The Fuzzy Math of Home Values.”

Real Living Great West Real Estate
(916) 635-0420
http://www.myrljeffcoat.com

Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 11/17/2011 06:17 AM

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Kingstowne Area Home Sales In Alexandria VA - Market Report for 22315 October 2011

Kingstowne Area Home Sales In Alexandria VA - Market Report for 22315 October 2011

This market report is for the Alexandria VA zip code of 22315 which includes Kingstowne and neighboring subdivisions.

There were 28 sales totaling $11,170,300 in sales in October 2011. The median sold price was $360,000. The average sold price was $398,939. On average, a home stayed on the market for 54 days and sold at 96.52% of the original list price.

So how's the real estate market in Kingstowne and the Alexandria VA area of 22315?

When you mouseover the interactive chart below, you'll see that home sales have been on a steady decline since July, when home sales peaked at 53 units. Distressed sales are barely making a dent. Foreclosures and short sales remained in the single digits in October.

What happened to the median sales price in October? The medial sales price actually took a nose dive. Look below and you'll notice that in September, the median sales price was $428,500. October's median sales price of $360,000 is a significant reduction but still higher than February's low of $308,000.

How long will it take to sell my Kingstowne area home? The average days on the market was still under two months, holding steady at 54 days for the second straight month.

Are sellers giving away their Kingstowne area homes? Don't count on it. The homes for sale in Kingstowne are still selling pretty close to their original asking price, and for the past four months, they've sold above 95% of that amount. In October, homes sold for 96.52% of their asking price, so there's still some negotiating going on.

Ths Kingstowne area has consistenly drawn buyers because of its neighborhood amenities, sought after schools, close proximity to Fort Belvoir, and to the Franconia-Springfield and Van Dorn metro stations. If you are thinking about selling your Kingstowne home, call me today at 703-623-8759 to find out what your home is worth. You'll benefit from my online marketing plan that targets local and relocating buyers.

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Call me at 703-623-8759.

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 11/16/2011 10:18 PM

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Another Short Sale Approved With Bank of America - Manassas Park Condo

Another Short Sale Approved With Bank of America - Manassas Park Condo

9712 Handerson Place Unit 301

Northern Virginia Short Sales - Manassas Park short sale listing agent Tamara Inzunza, with McEnearney Associates, Inc. Realtors, has just received short sale approval another home. The homeowner at 9712 Handerson Place, Unit 301 can successfully avoid foreclosure and sell the home!

Bank of America has approved this short sale, with attractive terms for both buyer and seller.

The photos don't lie, this distressed sale showed no signs of distress. The owner had meticulously maintained this home and it is in pristine condition.

This top floor condo also offered a one-car garage, a balcony off the living room, a separate laundry room with full sized washer and dryer, and a master bedroom with a luxurious master bath.

Note: Tamara Inzunza is a Certified Distressed Property Expert and Certified Default Resolution Specialist with McEnearney Associates, Inc. Realtors. We provide confidential foreclosure prevention services to all homeowners. Serving the Manassas Park community, and surrounding areas.

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 11/16/2011 11:19 AM

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Wordless Wednesday - Grumbly Hateful?

Wordless Wednesday - Grumbly Hateful?

Grumbly Hateful

Well, which one is it for you today? Hopefully, you are humbly grateful, and you're able to find ten people to help buy or sell a home today.

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Posted by Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales on 11/16/2011 11:11 AM

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Tamara Inzunza, CRS, ePro | Alexandria VA Real Estate & Short Sales

Alexandria, VA

More about me…

McEnearney Associates, Inc. | www.MovingToNova.com

Address: 109 S. Pitt Street, Alexandria, VA, 22314

Office Phone: (703) 286-1228

Cell Phone: (703) 623-8759

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