Nesbitt Realty is a family-run brokerage serving Northern Virginia

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Real Estate Agent - Nesbitt Realty at Condo Alexandria - 0225-089134
Focusing on real estate in Alexandria, Arlington, Fairfax and Falls Church. Neighborhood notes, community commentary, local landmarks and informal information to help you know the area better.

ARCHIVED BLOG POSTS

2016 

The Washington, D.C. area has emerged from the recent recession with Northern Virginia leading the way, a George Mason University economist recently told local Realtors. George Mason University economist Stephen Fuller said the economic recovery has been underway for about 17 months and is strong...
01/18/2016
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 1...
01/18/2016
When you compare the real estate downturn to the real estate market in the 1980s, Blumberg Capital Partners, which provides real estate investment management, finds similarities that lead the company to think now is an optimal time to buy. Its analysts point out that the recession of the 1980s la...
01/17/2016
Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, a forward-looking indicator, dropped 30.0 percent ...
01/17/2016
Despite declining home prices, 90 percent of Americans don’t regret buying their current home, according to a survey for Bankrate.com. Among the 9 percent who do regret the purchase, most say they are unhappy that they can’t sell their home and move elsewhere or they can’t afford their monthly mo...
01/17/2016
Yes, houses will sell as long as they are priced right. In many — but not all places — that means they’re priced low. “People who price their homes to the market are selling them in a reasonable amount of time, but people who cling to 2004 or 2005 prices aren’t,” says Richard Smith, president and...
01/17/2016
Real estate investors worldwide are convinced the market is at or near bottom and about to shoot up, according the Colliers International’s first survey of global investor sentiment. Investors from Asia, Canada, Latin America, and Western European say financing is increasingly available, while in...
01/17/2016
According to  research economist Jessica Lautz, “More than one-third of all home buyers buy a home for the desire to own. This has been the most cited reason consistently for the last several years, but it is even more true of single female buyers. Nearly half of single female buyers purchase a h...
01/17/2016
Home prices that approach what they were before the bust are at least five years away, says Peter Morici, a University of Maryland professor of economics. “I think we’ll see housing values rise 20 or 25 percent and then more gradual appreciation,” Morici says. The problem, he believes, is the ove...
01/17/2016
Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Buyers with cash have the best opportunities. Buyers who need...
01/17/2016
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Will Nesbitt

Nesbitt Realty is a family-run brokerage.
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