ARCHIVED BLOG POSTS
2012
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There are times in the real estate market where a great arbitrage can occur. The most frequent I have seen in the residential sector is when a home owner sells their home for a strong price relative to the market conditions and buys up at a price that is still low relative to the market potentia...
01/31/2012
The final tallies are in for the Northern Virginia real estate market – the average sales price in 2011 was up 3% over 2010 ending at $483,160. This is the second year that the market has been in recovery mode in terms of sales price – 2010 experienced an 8.9% increase over 2009. In terms of sal...
01/23/2012
A frequent conversation with homeowners we have is whether they should renovate and add on to their existing home or to sell and buy “up”. In the process we discuss what they would need to do to make their existing home what they want. Usually it has to do with needing more space and that mea...
01/17/2012
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What is an objective sales price for a home? The Seller wants to sell for the highest price possible. The Purchaser wants to obtain the real estate for the lowest price possible, for certain never more than the current market will bear. The Realtor ® is the objective Ambassador of the transact...
01/11/2012
“Mirror, mirror on the wall; Who is the fairest of them all? declares the Queen in the Snow White fairy tale. The tallies are in for 2011 and in the real estate markets of McLean and Great Falls, 2010 turned out to be “fairer” in terms of the number of transactions compared to 2011, but just ...
01/03/2012
Rainmaker
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Karen Briscoe
Your Agent For Life!