Question: What are residential closing costs and how do they affect me?
Answer: One of the realities associated with the purchase and financing of residential real estate is the fact there will be transaction costs generally referred to as closing costs. Understanding, well in advance, what those costs will be is useful in planning for the purchase.
Spring has arrived, and the real estate market is still hot in Alexandria.
This past week, 70 properties were recently sold in Alexandria — up five from last week. Sales included a 3 BD/3 BA boutique condo in Old Town for $3.6 million.
Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®.
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This Neighborhood Spotlight is brought to you by The Seward Group of TTR Sotheby’s International Realty.
This month’s Neighborhood Spotlight lands on Beverley Hills.
Question: Have the stars aligned for downsizing?
Answer: Despite the pandemic, or partly because of it, the seller’s market in real estate has continued. A several-years-long trend toward fewer houses on the market has only become a more acute shortage. As we all obeyed stay-at-home orders, even fewer of us were selling our houses than in prior years.
The real estate market is still movin’ in Alexandria as we close out March. This past week, 65 properties were recently sold in Alexandria, including a $1.7 million seven-bedroom colonial.
As of March 21, Homesnap reports 338 homes listed for sale, including 252 condos, 46 detached homes and 40 townhomes.
It was quite a week in Alexandria.
Our top story this week was on a man who allegedly crashed his car headfirst into the Verizon store near Potomac Yard. The suspect was later arrested in North Carolina.
Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®.
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This week in Alexandria, there are more than 250 properties available to rent, according to Homesnap, including 97 rentals listed in the past month.
These range from a $6.9K/month two-bedroom fully furnished penthouse in The Oronoco to a $1.4K/month “junior” one-bedroom apartment across from Holmes Run Creek.
Question: How do I create an outdoor room?
Answer: Think about how you will use the space.
As of Tuesday morning, 41 properties had been sold in Alexandria in the past seven days, including a 3 BD/3 BA condo on Strand Street for $2.9 million.
Zooming out, the Alexandria residential market is still moving fast with 341 homes listed for sale, according to Homesnap data updated March 14. This includes 249 condos, 46 detached homes and 46 townhomes.
