When it comes time to buy a home, most purchasers have a pretty clear idea of what they want to buy and how much they want to spend. If you’ve set your budget near $279,900 you may want to take a hard look at 7701 Lafayette Forest Dr #33. Every day, Alan Clerinx works real estate in Annandale Virginia.
Featured From Bren Mar Park
$489,900 : 5428 Enid Pl, Alexandria 22312
3 beds, 2 full baths
Living area: 2,050 sq. ft.
Lot size: 11,079 sq. ft.
Year built: 1956
Days on Market: 4
A picture is worth a thousand words. So what’s a gallery of images of Alexandria houses worth?
Featured From West Springfield
$554,900 : 8107 Smithfield Ave, Springfield 22152
4 beds, 2 full, 1 half baths
Living area: 2,150 sq. ft.
Lot size: 11,220 sq. ft.
Year built: 1965
Days on Market: 1
Take a look at these images from West Springfield to see why this is one of our favorite communities in 22152.
Featured From Monticello Forest
$520,000 : 6309 Dana Ave, Springfield 22150
4 beds, 3 full baths
Living area: 1,244 sq. ft.
Lot size: 9,370 sq. ft.
Year built: 1959
Days on Market: 24
Take a look at what’s new in Springfield.
Featured From Cherry Run
$579,900 : 6614 Bestwicke Ct, Burke 22015
4 beds, 2 full, 1 half baths
Living area: 2,027 sq. ft.
Lot size: 9,600 sq. ft.
Year built: 1978
Days on Market: 2
Looking at these pics and prices from Cherry Run, it’s easy to see why this is one of our favorite communities in 22015.
Featured From Bonnie Brae
$517,300 : 5421 Sideburn Rd, Fairfax 22032
3 beds, 2 full, 1 half baths
Living area: 1,663 sq. ft.
Lot size: 12,319 sq. ft.
Year built: 1974
Days on Market: 6
This is a 3 bedroom property at 5421 Sideburn Rd advertised for sale for $517,300.
Featured From Heritage Village
$415,000 : 4732 Kandel Ct, Annandale 22003
3 beds, 3 full, 1 half baths
Living area: 1,491 sq. ft.
Lot size: 1,400 sq. ft.
Year built: 1973
Days on Market: 4
Ask us how you can save money on 4732 Kandel Ct or any property in Annandale VA when you use Nesbitt Realty.
While local conditions vary, the particular REALTORS ® Buyer Traffic Catalog and the REALTORS ® Confidence Index — Current Conditions for single-family homes, townhomes, and condominiums remained above fifty in March 2017, indicating that a lot more respondents reported “ strong” compared to “ weak” conditions. Both indices were higher than their levels twelve months ago and in the previous month.  The REALTORS ® Seller Traffic Index decreased from its level one year back, but it increased from its level in the earlier month. It has remained below fifty since February 2008, indicating that vendor activity is still “ weak, ” based on the March 2017 REALTORS ® Confidence Index Survey Document , a monthly survey of REALTORS® about their sales activity plus local market conditions. 
First-time homebuyers made up 32 percent of sales.  Amid sustained work creation, the share of new homebuyers has been on a modest increase, up from 29 percent within 2014. With fewer new house foreclosures, distressed properties accounted for six % of sales, purchases for expenditure purposes made up 15 percent associated with sales, and cash sales made up 23 percent of sales. Among tight supply, half of properties that will sold in March 2017 were in the marketplace for 34 days or much less compared to 47 days in 03 2016.
Lack of virginia homes was the main issue reported simply by REALTORS®. Respondents reported a combined effect from the uptick in home loan rates since November 2016; several buyers are encouraged to act quickly while others are usually discouraged by diminished affordability. Using the coming of spring and summer season, more respondents expect the view to be “ strong” than “ weak” in the next six months compared to present conditions. The six-month outlook self-confidence indices for the single-family home, townhome, and condominium markets each authorized above 50, with the indices most higher compared to their levels 12 months ago.
 An catalog greater than 50 indicates the number of participants who reported “ strong” (index=100) outnumbered those who reported “ weak” (index=0). An index equal to fifty indicates an equal number of respondents confirming “ strong” and “ weak” market conditions. The index is not really adjusted for seasonality effects.
 The author thanks Danielle Hale, Managing Director, Housing Analysis; Meredith Dunn, Research Communications Supervisor; and Amanda Riggs, Research Study Analyst for their comments. Any mistakes are attributable to the author.
 NAR’ s 2016 Profile of House Buyer and Sellers (HBS ) reports that among major residence home buyers, 35 % were first-time home buyers, upward from 32 percent in 2015. The HBS surveys primary home buyers, while the monthly RCI Survey surveys REALTORS® and captures buys for investment purposes and vacation/second homes.
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