Kim Darwaza Northern Virginia Real Estate

Northern Virginia: June 2009 The Northern Virginia Association of Realtors® reports on June 2009 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.    A total of 2,169 homes sold in June 2009, a 14.16 percent increase above June ...

A friend of mine that works at Freddie Mac sent me an email with the following useful information.  It has great information on when it is worth while to refinance even if you are not in trouble but just want to reduce your rate.  I think the hardest qualification for a lot of people is the LTV not exceeding 105%.  Also, if you ...

I recently became one of the few CDPE's who are trained to handle short sales from the listing side.  During my training CDPE agents said that they were able to get approval anywhere from 2-20 days which I wasn't really sure if I wanted to truly believe.  I have been on the buyer side of these transactions many times and I have ...

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 I was there.  I called the agent around 5 pm and there were already 4 contracts ...

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.  To search the MLS for free please visit ...

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 Another question I have is for the ...

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 of the pack at No. 28. ALEC’s rankings of the 50 states are based on the balance between ...

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 score for a purchase or ...

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 wars especiall in the $250-400k range inside the beltway.  I am not happy ...

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 beltway in weeks that was not one of three to six contract.  Even in Loudoun where ...