When it comes to small houses in Alexandria, every square inch of space is valuable and there are plenty of underused nooks and crannies that, with a little creativity, can be transformed into useful storage spaces. For example, installing pullout drawers under stairs can add about two square feet of storage per drawer and is the perfect way to store towels, linens and seasonal items. Utilizing ceiling space in closets can also add up to 12 square feet of extra storage: suspend two pieces of wire across a closet ceiling and use it to cradle wrapping paper, which will be out of sight but easy to reach.
Single-family home sales dipped 2.0 percent to a seasonally adjusted annual rate of 4.88 million in June from 4.98 million in May, but are still 0.6 percent above the 4.85 million pace a year ago. The median existing single-family home price was $266,200 in June, up 6.6 percent from June 2016.
Sales to Resident Foreigners and Non-Residents Each Each New Peak in Alexandria
The upswing in foreign investment came from both recent immigrants and non-resident foreign buyers as each increased substantially to new highs. Sales to foreigners residing in the U.S. reached $78.1 billion (up 32 percent from 2016) and non-resident foreign sales spiked to $74.9 billion (up 72 percent from 2016). “Although non-resident foreign purchases climbed over the past year, it appears much of the activity occurred during the second half of 2016,” said Yun. “Realtors® in some markets are reporting that the effect of tighter regulations on capital outflows in China and weaker currencies in Canada and the U.K. have somewhat cooled non-resident foreign buyer interest in early 2017.”
Foreign U.S. Home Sales Dollar Volume Surges in Alexandria 49 Percent to Record $153 Billion
Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high, as transactions grew in each of the top five countries where buyers originated. This is according to an annual survey of residential purchases from international buyers released today by the National Association of Realtors ®, which also revealed that nearly half of all foreign sales were in three states: Florida, California and Texas.
84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern in Alexandria
According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans in Alexandria. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared to only 40 percent of married and white Americans.
Enormous 3 bdrm, 2.5 ba Penthouse Condo. It totals almost 2000 sq ft w/ jumbo master suite & including the 2 large balconies. NY-style 2-story duplex w/ 2 separate entrances – 16th/17th floors – New windows, granite & stainless steel … [Read more]
3 beds, 2 full, 1 part baths
Home size: 1,632 sq.ft.
Added: 05/18/17, Last Updated: 05/18/2017
Property Type: Residential Hi-Rise 9+ Floors for Sale
If you shopping for a new home, you can find 617 sqft for $225,000 at 1808 Old Meadow Rd #1103 in Encore of McLean in Fairfax County for $225,000.
Updated, in move in condition 1 bedroom/1 bath unit in the heart of Tysons/McLean*Wood floors in Bedroom, Hall and Living Room*Marble tiled Foyer*Neutral D~cor*Balcony*Extra storage*Enjoy the Amenities*24 hrs.Security*Front Desk in Lobby*Pools* … [Read more]