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?
How do you know if your property is being off-set by age/ style of surrounding properties?
Day 4: How do you know if your property is being off-set by age/ style of surrounding properties? Your agent should be keeping tabs on trends, what is classic, what is selling and what is moving. What sells property: the old adage, (location, … [Read more...] about How do you know if your property is being off-set by age/ style of surrounding properties?
Is there such a thing as an offensive offer?
Day 3: Is there such a thing as an offensive offer? Yes. Look at fair market- what people are willing to pay market expectation- what you want Market reality- what you receive and what the sale creates based on market demand In my nearing 20 … [Read more...] about Is there such a thing as an offensive offer?
