Buy Alexandria Real Estate: What's Hot & What's Not for Real Estate this Spring!

Alexandria Virginia Real Estate Blog

What's Hot & What's Not for Real Estate this Spring!

What's Hot & What's Not

Unlike the fleeting celebrity of your favorite American Idol contestant, real estate is always a hot topic.  Whether the market's going up, down or sideways, having a home and a place to rest your head at night will always rank up there on Maslow's hierarchy of needs.  Talking about the latest trends in real estate is something that never gets old.

As Spring is right around the corner, here's a look at

What's Hot & What's Not for D.C. & Northern Virginia real estate this Spring 2011!

Hot or Not?


HOT!                                                                                  NOT!

Homes selling quickly                                                           Homes lingering on the market

Large downpayments                                                           No Money Down!

30 year fixed rate loans                                                       5 year interest only ARM

Bidding wars are back                                                          No competition

Low inventory                                                                      Tons of homes available

Luxury market (McLean, Great Falls)                                     Foreclosures

Green Energy Efficient Homes                                               Mega Mansions

Short Sales                                                                         Short Sales

Full price offers                                                                   Lowballing

Walkability                                                                         Commuting

Rental Properties                                                                Flipping

Searching online for homes                                                Searching Sunday's paper for homes

Home inspections                                                              Waiving a home inspection

Staged homes                                                                   Vacant homes

                        

 

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Comment balloon 8 commentsBrian Block • March 16 2011 03:46PM

Comments

Nice list Brian.  Love the title... caught my eye immediately!

Posted by Linda Secrist (Berkshire Hathaway HomeServices) over 7 years ago

Brian, I bet this post gets featured. Great job and I like the lists!

Posted by Mike Frazier, Northwest Tennessee Realtor (Carousel Realty of Dyer County) over 7 years ago

Great list!

Posted by CVB over 7 years ago

Brian, that a great list!  Bidding wars are definitely back.  I submitted an offer this weekend.....one of six on a foreclosure.

Posted by Kay Van Kampen, Realtor®, Springfield Mo Real Estate (RE/MAX Broker, RE/MAX Solutions) over 7 years ago

Great list - it's true multiple offers are back...on only the best houses!

Posted by Betsy Schuman Dodek, SearchPotomacHomes.com (Washington Fine Properties - Washington DC Area Real Estate) over 7 years ago

Interesting is your short sale take!  And I like the home inspection part...

Posted by Jay Markanich, Home Inspector - servicing all Northern Virginia (Jay Markanich Real Estate Inspections, LLC) over 7 years ago

Interesting way to present the information to the public!  I can't imagine what the heating costs for a mansion would be, I would much prefer an energy efficient home.

Posted by Rob Lang, Local Expert in Lawrence Kansas Real Estate Homes (At Home Kansas / www.AskRobLang.com) over 7 years ago

Brian, Good luck with your market. Ours has been heating up as well. Thank goodness :-)

Posted by Deborah Bly, RE/MAX Realtor (RE/MAX Space Center) over 7 years ago

Participate