foreclosures: Alexandria VA Real Estate News and Update - 2013 Foreclosure Report
- 02/03/14 10:02 PM
Alexandria VA Real Estate News and Update - 2013 Foreclosure Report
Alexandria VA Real Estate - A growing and rebounding Alexandria VA real estate market left very little room for bank owned foreclosures in 2013.
In January, only 4 out of the 102 homes that sold in Alexandria VA were foreclosures. That big number was sliced completely in half in December, a faint 2 out of the 180 homes that sold were foreclosures. The months of March and May were tied with foreclosure volume, with 12 bank owned properties selling.
There were several months throughout the year where foreclosures in Alexandria … (4 comments)
|
foreclosures: Alexandria VA Foreclosures | February 2013 Market Report And Update
- 03/12/13 12:29 PM
Alexandria VA Foreclosures | February 2013 Market Report and Update
Alexandria VA Real Estate - The Alexandria VA real estate market has been heating up since late December. With the demand for homes steadily increasing, foreclosures are in very limited supply. Take a look at the interactive chart below, and you see there were only four foreclosures that sold in the month of February, out of the total 140 that sold..
Buyers who are looking to scoop of these bank owned properties will see that they are mostly in the lower price bracket of homes.
The median price … (2 comments)
|
foreclosures: Alexandria VA Foreclosure Report for December 2012 - Low Inventory
- 01/31/13 09:01 AM
Alexandria VA Foreclosure Report for December 2012 - Low Inventory
Alexandria VA Real Estate - Take a look at the interactive chart below and you'll see that the inventory of bank owned homes and foreclosures for sale in Alexandria VA was pretty much non-existent in December 2012.
In fact, for 8 out of 12 months in 2012, there were single-digit levels of inventory of foreclosures in Alexandria City. There was no flood of foreclosures in the real estate market, and as the inventory levels throughout Northern Virginia continue to decline, my expectation is that we can expect to see the … (4 comments)
|
foreclosures: Did You Just Miss The Bottom Of The Real Estate Market?
- 11/14/12 02:47 AM
Did You Just Miss The Bottom Of The Real Estate Market?
Do you remember the scene in the movie Forrest Gump where Forrest decided to journey on that cross-country run? He sure was determined, and he motivated a lot of people, some even joined him in his race. Then all of a sudden, he decided to stop. He stopped running his race, and went home. People around him were left in a daze asking themselves, “now what?”
That’s exactly how many people feel now that the election is over. Man, there was so much energy and momentum for both candidates. From the yard signs, to … (1 comments)
|
foreclosures: Foreclosure and Bank Owned Homes Market Report Sept 2012-Alexandria VA
- 10/26/12 02:13 AM
Foreclosure and Bank Owned Homes Market Report Sept 2012-Alexandria VA
Alexandria VA Real Estate - The real estate market statistics are in for September 2012 in Alexandria City, and the number of foreclosure homes, or bank owned homes is a small part of the market.
In Septbember 2012, there were 160 homes that sold, and 7 of them were foreclosures, that's less than 5%.
What was the average days on market for a foreclosure home in Alexandria VA in September 2012?
In Septermber 2012, foreclosure homes stayed on the market longer than traditional homes for sale. On average, … (1 comments)
|
foreclosures: Old Town Alexandria VA Short Sales and Foreclosure Report August 2012
- 09/17/12 12:50 PM
Old Town Alexandria VA Short Sales and Foreclosure Report August 2012
The Old Town Alexanrdria VA real estate market remains extremely active. Property values remain high and there are very few distressed properties in this popular zip code of 22314.
Take a look at the statistics for distressed properties, including foreclosures and short sales in Old Town Alexandria VA for the month of August 2012.
Yes, these are single-digit numbers! There's no multiplying by 100 or 1000, you're looking at the real numbers for short sales and foreclosures in Old Town Alexandria VA. In August 2012, there was one short sale … (0 comments)
|
foreclosures: Can I Lowball An Offer With Old Town Alexandria VA Homes For Sale
- 08/20/12 01:35 AM
Can I Lowball An Offer With Old Town Alexandria VA Homes For SaleReal Estate Market Report for July 2012
Well, you could, but according to the July 2012 market stats for Old Town Alexandria VA, you would be wasting your time. Take a look at the interactive chart below and use your mouse to hover over the different points. As you can see, over the past six months, Old Town Alexandria VA home sellers have been getting over 94% of their asking price.
The peak was in June 2012, when Old Town Alexandria VA homes were sold for 97.27% of … (0 comments)
|
foreclosures: Where Are The Black Friday Deals In Alexandria VA - Bargains Are With Short Sales and Foreclosures
- 11/29/11 06:12 AM
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 … (11 comments)
|
foreclosures: Foreclosure Activity for Fairfax VA September 2011 - Foreclosures Down In Fairfax County
- 10/14/11 02:59 AM
Foreclosure Activity for Fairfax VA September 2011 - Foreclosures Down In Fairfax County
For the month of September 2011, the number of foreclosure notices were down in Fairfax County according to RealtyTrac data. Notices went from 519 in August to 404 in September.
What areas had the lowest and highest number of foreclosures? The area of Clifton held the title for the lowest number of foreclosures, with a total of four. And the highest number of foreclosures when to Alexandria.
According to data, Arlington County shows the most stability with only 32 foreclosure notices.
Please see the RealtyTrac chart below … (2 comments)
|
foreclosures: Old Town Alexandria VA Short Sales And Foreclosure Report For May 2011
- 06/11/11 07:39 AM
Old Town Alexandria VA Short Sales And Foreclosure Report For May 2011
Old Town Alexandria Short Sales For Sale
Old Town Alexandria VA real estate is well known for its historic appeal, brick lined streets, and waterfront walkability. From the studio condos to the elegant, historic properties, you just can't help but to slow down and admire the views whenever you're along King Street or Washington Street.
The number of distressed properties in Old Town Alexandria remains low relative to other parts of Northern Virginia. Currently there are five short sale properties actively for sale. The prices range from $205,000 to $989,000. There … (0 comments)
|
foreclosures: Del Ray Alexandria VA Short Sales And Foreclosure Report For May 2011
- 06/07/11 04:07 PM
Del Ray Alexandria VA Short Sales And Foreclosure Report For May 2011
Del Ray Short Sales
Del Ray Alexandria VA real estate remains insulated from the negative market press that is reported from the rest of the country. With the increasing gas prices, getting 'close in' in efforts to minimize the northbound commute is a top priority for many Alexandria homebuyers.
Del Ray area homeowners would be happy to know that their property values are safe, at least for now. Currently, there are no active short sales for sale in Del Ray.
But what's currently under contract? Now there are seven homes … (0 comments)
|
foreclosures: Del Ray Alexandria VA Short Sales And Foreclosure Report For January 2011
- 02/06/11 03:57 PM
Del Ray Alexandria VA Short Sales And Foreclosure Report For January 2011
One of Alexandria City's most sought after neighborhoods is the area of Del Ray. Known for the shops on Mount Vernon Avenue, and the close proximity to Braddock Road metro, Del Ray attracts buyers with its charming condos, dazzling duplexes, beautiful bungalows, and charismatic colonials.
In the Del Ray zip codes of 22301 and 22305 (this also includes the subdivisions of Rosemont and Beverley Hills), there are currently two active short sale homes for sale, ranging in price from $195,000 to $360,000. In January, two short sale listings went under contract. There were … (9 comments)
|
foreclosures: Old Town Alexandria VA Short Sales And Foreclosure Report For January 2011
- 02/05/11 01:05 PM
Old Town Alexandria VA Short Sales And Foreclosure Report For January 2011
Inquiring minds and inquisitive buyers want to know about foreclosures and short sales in the Old Town Alexandria zip code of 22314. Located along the Potomac River, Old Town Alexandria is known for its historic homes and high-end prices.
Currently, there are three active foreclosures for sale in Old Town Alexandria. In January, three foreclosure listings went under contract, ranging in price from $179,000 to $339,900. One of these foreclosures sold and settled in January. There were 16 total foreclosures that listed and sold in Old Town Alexandria in … (2 comments)
|
foreclosures: Buying A Home In Alexandria VA | Can You Wait For A Short Sale Or Push Thru A Foreclosure?
- 06/24/10 06:06 PM
Buying A Home In Alexandria VA | Can You Wait For A Short Sale Or Push Thru A Foreclosure?
In a buyers market, buyers have more choices. Not only are there more good houses to choose from, but with prices coming down, traditional home sellers are forced to compete with distressed properties. And the challenge for many buyers becomes deciding whether or not distressed properties should be included in the mix.
There's always the lure of the 'something for nothing' good deal that you think will only be visible to you and invisible to the hundreds of other buyers that are in … (0 comments)
|
foreclosures: Virginia Foreclosures Low Prices Bad Condition Means No Sale
- 09/03/08 06:48 AM
With real estate prices coming down and homes becoming more affordable, buyers are starting to come out of the shadows and enter the real estate market.
However, as a buyers agent, I'm still finding it tough to show a lot of the foreclosures because a lot of them need a lot of work, and the majority of home buyers don't have the money for repairs after down payment and closing costs. True, there are the down payment assistance programs, but the clock is ticking on the availability of this government aid. Then there's the FHA 203(k) program that allows you to … (0 comments)
|
foreclosures: Here's How I Can Help You Or Someone You Know
- 08/14/08 03:02 PM
… (0 comments)
|
foreclosures: Entitlement Stagnation
- 01/15/08 03:37 PM
As we continue to correct ourselves from a sellers market that lasted about three years, I'm finding in my conversations with potential buyers, and my interactions with both buyers and sellers, that one thing contributing to the stagnation of the current market is entitlement.
Someone said that sellers are always the last to know when the market turns into a buyers market. You can find this to be true by checking the market statistics (http://www.nvar.com/ and click 'Market Statistics'). Count the days on market in different zip codes, or by city, and you'll see that there are homes that have … (28 comments)
|
foreclosures: Good Deals In Foreclosures???
- 05/16/07 02:09 PM
So, where are the good deals? I mean, it's a buyers market right? So you'd think there would be ample opportunity to get a great deal on a foreclosure.
When buying a home, usually every buyer starts out wanting to look at foreclosures. As an agent of ten years, I've learned that is code for, "I really want a house that's worth a lot...but I don't want to pay market value...and I want it to be worth a lot more than what I paid."
In Northern Virginia and Washington DC, these deals are still out there, but how you find … (0 comments)
|
foreclosures: Protecting Yourself From Predatory Lending
- 04/19/07 12:37 PM
The hot sellers market in the recent past had a lot of buyers asking me, "How can so many people afford these high priced homes?" It was hard for a lot of buyers, particularly first-time buyers and military buyers to compete with multiple offers, and offers without a home inspection. During these times, it was normal to write anywhere from 4-7 contracts per client.If you're keeping up with real estate news, you are aware that not only is there a rise in foreclosures, but the government is cracking down on companies and people who prey on individuals with predatory lending practices.In … (0 comments)
|
|
|
|
Alexandria VA Real Estate News and Update - 2013 Foreclosure Report
;)
;)
;)
