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April 2009 - Posts

Thursday, April 30, 2009 8:37 PM

This Week in Northern Virginia Real Estate - 4/30/2009

The 200-400k price range inside and around the beltway is still very hot right now. There was a property that came on the market Monday night in Burke. I showed it Tuesday afternoon around 3:30 and there were two other agents showing the property when
Posted by Kim Darwaza | 0 Comments
Saturday, April 25, 2009 2:27 PM

RE/MAX vs. The Industry 2008

RE/MAX again has less agents and does more transactions. As our commercials say, "No one sells more Real Estate than RE/MAX.". For information on the Northern Virginia Real Estate market contact Kim Darwaza of RE/MAX Allegiance at 703-856-2254.
Posted by Kim Darwaza | 0 Comments
Thursday, April 23, 2009 6:21 PM

USA Today's take on How to Green Your Home & Prius vs. Luxury Car

I feel like I was so busy yesterday that I didn't get to give Earth Day the attention that it deserves. Attached is a link from USATODAY which I think is cool becuase it goes through your house and shows you how to make it more green. http://www.usatoday.com/tech/graphics/going_green/flash.htm
Posted by Kim Darwaza | 0 Comments
Thursday, April 23, 2009 1:36 PM

Move-Up Buyers - THE TIME IS NOW!

Now that the conforming loan limits are over $700k in Northern Virginia it is a great time to move-up. The $8k first time homebuyer credit stimulated the $200-400k price range in the close in suburbs of DC. The window for low pricing is definitely closing
Posted by Kim Darwaza | 0 Comments
Wednesday, April 22, 2009 8:53 PM

Celebrate Earth Day with a Gift to the Planet and Your Wallet

RISMEDIA, April 22, 2009-In celebration of Earth Day and the escalating buzz around the immense stimulus package President Barack Obama signed into law in February, you might be wondering exactly if, how and when you (and the planet) will directly benefit.
Posted by Kim Darwaza | 0 Comments
Monday, April 20, 2009 10:47 AM

Report: Virginia Remains Competitive

Virginia is one of the most economically resilient states and shows good prospects for recovery, according to the American Legislative Exchange Council. A new report by the ALEC ranks Virginia No. 4 in economic outlook. Maryland is ranked in the middle
Posted by Kim Darwaza | 0 Comments
Sunday, April 19, 2009 7:04 AM

The 2nd Wave of The Mortgage Meltdown is Beginning

I recently earned my CDPE designation, which is Certified Distressed Property Expert, and I am now qualified to help people in distress that need to short sale their homes. With the state of the economy and job loss there are many people who can no longer
Posted by Kim Darwaza | 0 Comments
Friday, April 17, 2009 1:00 PM

New Conforming Loan Limits in Effect - $729,750 in Northern Virginia

New loan limits for "conforming plus" loans are in effect as of today. The loan limit varies by county, but in DC and contiguous counties the limit is now $729,750. · On primary residences, banks can lend up to 90% LTV with 700+ credit
Posted by Kim Darwaza | 0 Comments
Thursday, April 16, 2009 12:19 PM

3 Story For Rent/Lease in Dominion Station

Large Townhouse w/ Great Floorplan • 1,900 sq. ft., 4 bath, 3 bdrm 3 story "Townhouse" - $1,800 USD Monthly Dominion Station, Sterling - Beautifully maintained large townhouse for rent in Dominion Station. Great location is close to Route
Posted by Kim Darwaza | 0 Comments
Wednesday, April 15, 2009 11:33 AM

Foreclosure Moratorium May Be Over

There is a rumor going around that the foreclosure moratorium may be over today. It has been discussed by many bank insiders. The banks stopped foreclosing for a while to lighten the inventory load. In Northern Virginia this has caused a lot of bidding
Posted by Kim Darwaza | 2 Comments
Tuesday, April 14, 2009 8:51 PM

Northern Virginia Home Sales Up 11% in March

The number of homes sold in Northern Virginia rose 11 percent in March, as buyers continued to take advantage of falling prices. During the month, 1,384 homes were sold in the area, which includes the cities of Alexandria, Fairfax and Falls Church as
Posted by Kim Darwaza | 0 Comments
Tuesday, April 14, 2009 5:29 PM

This Week in Northern Virginia Real Estate - 4/12/2009

The market has really picked up inside the beltway in Northern Virginia for homes priced in the $250-$400k range. I have consistenly been one of multiple contracts for all of the properties I have written on for my clients. Some examples are: 1 of 6 contracts
Posted by Kim Darwaza | 4 Comments
Sunday, April 12, 2009 1:41 PM

Same Model - Very Different Price - Inside vs Outside the Beltway

Recently I sold a Fairfield Model townhouse in the Newington Forest neighborhood of Springfield. The Fairfield model was a very popular model built by Ryan Homes in the 80's and are found all around the beltway in Northern Virginia. The open staircase
Posted by Kim Darwaza | 0 Comments
Saturday, April 11, 2009 6:56 PM

The Door is Closing on Deals

After being in multiple contract situations week after week since the beginning of the year I feel like the door is closing on great deals on homes in the close in suburbs of Northern Virginia. I have not written an offer on a single property inside the
Posted by Kim Darwaza | 0 Comments
Friday, April 10, 2009 9:24 PM

Buyer Client Sale in Del Ray Neighborhood of City of Alexandria - Northern Virginia Real Estate

This was actually one of the few regular sales (not a short sale or foreclosure) that I have sold this year. It is a hot property that is located in Del Ray. I actually had another client that was interested in the property but the owner was sick when
Posted by Kim Darwaza | 0 Comments
Monday, April 06, 2009 6:09 PM

Hitwise Rankings: remax.com Climbs to No. 5

Could consumers in transition be thinking about buying? In February, remax.com jumped from the seventh spot to the fifth spot on the Top 20 Hitwise Real Estate Rankings - passing up Rent.com for the first time in five months. Hitwise , a subsidiary of
Posted by Kim Darwaza | 1 Comments
Monday, April 06, 2009 9:05 AM

Price Reduced on 19365 Cypress Ridge Terrace in Leisure World

Leisure World, Leesburg - Announcing a price reduction on 19365 Cypress Ridge Terrace, a 1,720 sq. ft., 2 bath, 2 bdrm single story "10th Floor Condo". Now MLS® $599,000 - Reduced!. Property information
Posted by Kim Darwaza | 0 Comments
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Sunday, April 05, 2009 7:47 PM

This Week in Northern Virginia Real Estate - April 5, 2009

After a much needed 18 day vacation I pretty much walked off 24 hours of gruelling travel and straight back to work. I am grateful that I have clients to come back to. Before I report on the Northern Virginia market I want to take a minute to discuss
Posted by Kim Darwaza | 0 Comments