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Most Home Buyers Have No Regrets

A study from Bankrate found that 90 percent of owners do not regret buying their home. The findings also revealed improved mortgage awareness, with only 8 percent of home owners in the dark about what type of loan they have -- down from 26 percent two years ago. The poll of 1,001 randomly selected home owners in August showed that 79 percent had fixed-rate financing, and this type of mortgage was used by almost 90 percent of respondents who make more than $75,000. Source: Realty Times, Broderick Perkins (09/02/10)

Housing Expert: ‘The Suburban Century Is Over’

At a recent meeting of the Urban Land Institute of Minnesota, Senior Fellow John McIlwain said "a new normal" will be created in the housing market over the next 10 years, and he marked the end of "the suburban century." He noted that markets offering "a vibrant 24/7 lifestyle" will see the most robust activity, "net-zero-energy" units will become the norm, and the rental market will expand as homeownership rates fall to more historic levels. Suburban town centers will gain popularity among those wanting an urban lifestyle without living in a big city. Over the next decade, McIlwain said four demographic groups will fuel the housing market. He said older baby boomers increasingly are moving back to the central city, while younger baby boomers are finding it more difficult to relocate for jobs because they cannot sell their suburban houses. Meanwhile, millennials are more environmentally aware and will seek urban lifestyles, and immigrants who cannot afford large suburban houses to shelter multiple generations will increase demand for rentals. With 1.5 million housing units per year needed to accommodate the shift to normal levels of household formation, McIlwain said zoning, financing, and regulations need to be rethought to meet housing demand. Source: minnpost.com, Brad Allen (06/21/2010)

Homes for sale in Northern VA

2004 Nordlie Pl, Falls Church 22043
$2,030,000
View Details
Pimmit Hills
7 bd
6 ba
7,000 sqft
On Site: 398 Days
Listing courtesy of Long & Foster Real Estate, Inc.

908 Desale St SW, Vienna 22180
$1,950,000
View Details
Vienna Woods
5 bd
5 ba
5,183 sqft
On Site: 0 Days
Listing courtesy of EXP Realty, LLC

2621 Hunter Mill Rd, Oakton 22124
$1,380,000
View Details
Edeline Mary A Prop
4 bd
2 ba
2,970 sqft
On Site: 0 Days
11730 Valley Ridge Cir, Fairfax 22033
$699,888
View Details
Penderbrook
3 bd
3 ba
1,980 sqft
On Site: 0 Days
Listing courtesy of KW Metro Center

11116 Stuart Mill Rd, Oakton 22124
$2,499,900
View Details
6 bd
4 ba
7,253 sqft
On Site: 0 Days
Listing courtesy of Long & Foster Real Estate, Inc.

7716 Georgetown Pike, McLean 22102
$9,200,000
View Details
Rivinus
7 bd
7 ba
17,056 sqft
On Site: 0 Days
Listing courtesy of TTR Sothebys International Realty

11410 Hollow Timber Ct, Reston 20194
$925,000
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Timberview
3 bd
3 ba
3,291 sqft
On Site: 0 Days
Listing courtesy of RLAH @properties

2791 Dylan Schar Ct, Oak Hill 20171
$1,589,000
View Details
Crossfields
4 bd
4 ba
5,026 sqft
On Site: 0 Days
Listing courtesy of McEnearney Associates, Inc.

11903 Blue Spruce Rd, Reston 20191
$1,050,000
View Details
Fox Mill Woods
4 bd
3 ba
3,788 sqft
On Site: 0 Days
Listing courtesy of TTR Sothebys International Realty

2201 Westcourt Ln #103, Herndon 20170
$365,000
View Details
Worldgate
2 bd
2 ba
1,140 sqft
On Site: 0 Days
Listing courtesy of Long & Foster Real Estate, Inc.

See more in Northern Fairfax County

Elementary Schools of Northern VA

Find homes for sale by school district in Northern Virginia

One of the most import decisions you'll ever make for your child is where they will attend school. Northern Virginia prides itself on many fine public schools and our website empowers parents to find homes find homes by school district. If you need help finding a home or would like suggestions that will fit with your commute, please feel free to call us at any time.
School in Cameron Station
Cameron Station school

Now is the Time to Buy, Investment Firm Says

When you compare the real estate downturn to the real estate market in the 1980s, Blumberg Capital Partners, which provides real estate investment management, finds similarities that lead the company to think now is an optimal time to buy. Its analysts point out that the recession of the 1980s lasted 16 months, running from July 1981 to November 1982. Unemployment peaked in November of 1982 at 10.8 percent. From that point it took 38 months for the economy to recover fully and for unemployment to fall below 7 percent. It was another 10 months before unemployment was consistently below 7 percent. Philip Blumberg, CEO of Blumberg Capital Partners, said in a note to investors that the real estate cycle is still three or four years from an optimal selling period, so now is the time for investors to buy. Source: Blumberg Capital Partners (05/19/2010)

  • Home Prices In Arlington Continue To Hike

    Glendale
    The housing market in Arlington County is getting more and more expensive as potential buyers continue to have fewer homes and condos to choose from.

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  • Inlet Cove is near Fort Belvoir and Potomac Mills

    Inlet Cove outside Belvoir
    Inlet Cove is alongside Route 1 This neighborhood of townhouses is near grocers and eateries Inlet Cove is close to Fort Belvoir, Alexandria, and Potomac Mills shops, in the city of Woodbridge Interior to these properties are multilevel Inlet Cove is serene

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  • Pending Home Sales on an Upswing

    home inspector
    Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1…

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  • A Good Time to Buy a High-End Home

    Station Square
    Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Buyers with cash have the best opportunities. Buyers who need a mortgage should move…

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  • Who is today’s homebuyer and why are they buying?

    Nesbitt Realty 703 765 0300
    The National Association of Realtors recently did a study about the characteristics of home buyers. Some of the findings might surprise you. Thirteen percent of buyers purchased a home with one or more parents and grandparents together with adult children. There were several reasons given for purchasing a multi-generational home. Cost savings; Children over the…

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