The median sales price for homes in McLean VA for Dec 09 to Feb 10 was $785,000. This represents an increase of 12.2%, or $85,500, compared to the prior quarter and an increase of 33.1% compared to the prior year. Sales prices have appreciated 14.2% over the last 5 years in McLean. However, that is [...]
Continue reading...10. March 2010
FABULOUS NEW listing in the Heart of McLean~ Move- In ready with thousands of dollars spent on everything. New Gourmet Kitchen with Wolf Appliances, New Master Bath, All New Paint & Carpet, New Landcaping. Plus much more! 3 finished levels of space with 5BR, 3.5 BA’s, including a Au-Paire suite with a separate Kitchen. Generous room [...]
Continue reading...9. March 2010
Located in the the charming neighborhood of Kings Manor-Langley HS pyramid-this one is a winner! I was skeptical about the price until I visited it today. Offered for $850,000 by Long & Foster Real Estate, this 4 Bedroom single family home is a true winner. Situated blocks from town,this home shows pride of ownership! There are gleaming [...]
Continue reading...11. March 2010
First Time Home Buyers First Step The first step in your home buying process is talking with a mortgage lender to determine how much house you can afford. The mortgage lender will ask you questions about your personal finances: income; debt; credit history; and assets. They will eventually want to know your social security number and [...]
Continue reading...10. March 2010
Later, when you drop your price, your house is “old news.” You will never be able to recapture that flurry of initial activity you would have had with a realistic price. Your house could take longer to sell. Even if you do successfully sell at an above market price, your buyer will need a mortgage. The [...]
Continue reading...9. March 2010
What a Difference a Year Makes! We track a lot of indices to help us determine the direction of the market, but there’s none better than “Months’ Supply.” It is a very simple measure that compares the number of available homes on the market at the end of any given month to the contract activity of [...]
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10. March 2010
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