Kim Darwaza Northern Virginia Real Estate

Which cities are likely to be the hottest post-economic downturn destinations for young, brilliant, and highly mobile workers?  The Wall Street Journal surveyed six trend-spotting experts and they chose cities based on economic diversity, lifestyle and their own personal prejudices.   Here’s the top-10 list: 1. Washington, D.C. ...

May 2009 Statistics Forecasters Say Recession Nearing EndNinety percent of economists think the recession is nearing its end, but don't expect the economy to soar anytime soon. The National Association for Business Economics surveyed nearly 75 percent of economists and found that the recession is expected to end in the third quarter of 2009; ...

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 ...

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 for a single family home that needed a lot of work in Falls Church ...

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 and built-in shelving in the living room are pretty much what gives it ...

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 ...

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 the global real estate market.  Dubai one of the richest cities that was one of ...

Happy New Year!  I realize it is already February but I have gotten off to a busy start this year and have thus been neglecting my Blog.  The market is picking up in certain areas and for certain property types which is good news.  Inventory:  In the $250-400k price range there is a lot of ...