Day 9: How is the pandemic affecting rental values in NoVA? Per the GMU Center for Regional Statistics information, Arlington is at a 14.8% drop since March 2019 to 2020. Between December and January, rents decreased 2.5%. For the first time in 10 … [Read more...] about How is the pandemic affecting rental values in NoVA?
I just got a request from my Association about a payment I made at settlement- like two years later. Why?
Day 8: So, I just got a request from my Association about a payment I made at settlement- like two years later. Why? Sometimes at settlement when the payment is made, it is sent as a check from the title company to the management company to … [Read more...] about I just got a request from my Association about a payment I made at settlement- like two years later. Why?
What is happening with Condos in Arlington?
Day 7: You talked about inventory being heavier in a few zip codes….What is happening with Condos in Arlington Inventory- looks like R&B corridor has more inventory than the rest of the Northern Virginia Market, why? We have been seeing a … [Read more...] about What is happening with Condos in Arlington?
Will people really pay 1MM for a Townhouse in Arlington?
Day 6: Will people really pay 1MM for a townhouse? Short answer: Yes. In Northern Virginia, even without the inventory shortage, people are buying townhomes in the 800-1mm range. Whether there are elevator ready or not as long as they have the … [Read more...] about Will people really pay 1MM for a Townhouse in Arlington?
How do you know if your property is at the crest of a rising market?
Day 5: How do you know if your property is at the crest of a rising market? Don’t we all wish that we had a crystal ball? I know I would be a happy camper… or at least have some more answers. However, a really good leading indicator of where we … [Read more...] about How do you know if your property is at the crest of a rising market?
