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South Riding Weekly Update 1/28/11 - 2/3/12

02-04-12
Mark Murad
Mark Murad: Real Estate Sales Person in South Riding, VA
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  • Office: (703) 623-7626
  • Mobile: (703) 623-7626

SUMMARY

The current inventory level for South Riding increased to 50 active listings. With 3 new listings and 7 homes which went under contract last week last week with average days on the market of 51. 7 homes sold and went to record with an average days on the market of 112 and average net to list price percent of 97.6%. Looking back over the past 5 weeks which had sold homes the average net to list price has been 97.6%, 98.3%,97.8%, 95.5%, and 98.3% for an average of 97.5%. CLICK HERE for entire post....

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Stone Ridge Weekly Update 1/28/11 - 2/3/12

02-04-12
Mark Murad
Mark Murad: Real Estate Sales Person in South Riding, VA
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  • Office: (703) 623-7626
  • Mobile: (703) 623-7626

SUMMARY

The current inventory level for Stone Ridge increased to 9 active listings. There was 1 new listings, no home recieving contracts and 1 home reported sold last week. CLICK HERE for entire post....

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Baked and Wired - I'm in love

02-03-12
Coral Gundlach
Coral Gundlach: Real Estate Agent in Arlington, VA
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  • Office: (703) 200-3631

One of the many great things about living in Arlington, Virginia, is the close proximity to Georgetown in Washington DC. Just a quick hop over the Key Bridge and you are there. My husband works in Georgetown and has been raving about this place called Baked and Wired for months. Like, he's having an affair with the place. He's addicted. The cappuccinos are out of this world. This Thursday I was lucky enough to join him for a lunch date in Georgetown and he took me there, and he was right. This place is insane. I used to like Starbucks, until I came here. The photos give you an idea of how adorable it is, but you'll have to go get a cappuccino yourself next time you are in Arlington and have a spare chance to hop into Georgetown. And the cupcakes? Well if you are like me, you just have to stay away and admire them from afar.

Baked and Wired

Baked and Wired Cupcakes

Baked and WiredBaked and Wired

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Want to invest like a big wig for less check out Real Estate Investment Trusts

02-03-12
DeAndrea "Dee Dee" Jones
DeAndrea "Dee Dee" Jones: Real Estate Agent in Chesapeake, VA
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  • Mobile: (757) 831-8294

3 Virginia Beach Real Estate Stocks were voted best stocks according to StockScounter's February report. real estate investing

The Scouter score is based on how the stock performs in the following criteria: business fundamentals, price behavior, valuation and stock-ownership characteristics appear to predict a rising price in the coming weeks, based on how those factors have influenced stock prices in the past. REIT's- are usually formed to finance luxury condo and apartment ventures, strip malls, shopping malls, and commercial buildings that generate income from rents.

Real Estate investment Trust (REIT)- according to Wikepedia- a REIT is a company that owns, and in most cases operates, income-producing real estate. Some REITs finance real estate. To be a REIT, a company must distribute at least 90 percent of its taxable income to shareholders annually in the form of dividends. This is a great way for the girl next door to buy a piece of the shopping mall down the road or gain a profit from the high rise being built down the street. Why not own your condo and a peice of the whole block. When investing in a REIT -you need to think big.

Looking for a place to invest those tax refunds, research more about these stocks. And if all else fells call me to buy a home, condo, or investment property.

The 3 Virginia stocks that topped the list were:

Company

Digital Realty Trust (DLR +0.21%, news)

Sector

Real estate investment trust

Jan price

$70.86

Score

10
Avalonbay Communities (AVB +0.95%) Real estate investment trust $136.01 10
Virginia Commerce Bancorp (VCBI +3.83%, news) Banking $8.86

10
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Alexandria VA 22304 CONDO MARKET REPORT January 2012

02-03-12
Susan Haughton ALEXANDRIA VA REAL ESTATE REALTOR, ABR
Susan Haughton ALEXANDRIA VA REAL ESTATE REALTOR, ABR: Real Estate Agent in Alexandria, VA
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  • Mobile: (703) 470-4545

Alexandria VA 22304 CONDO MARKET REPORT January 2012

After taking a hit when the market adjusted, condos are selling again, albeit at substantially reduced prices in many cases compared to the mid-2000s.

Let's take a look at ALEXANDRIA VA 22304 CONDO SALES.

In January 2012, 18 condos settled, for an average sold price of $224,628. The lowest price sold was $102,500, while the highest price sold was $475,500. Average days on market was 62.

What can you expect in an Alexandria VA CONDO in 22304? Well, in addition to close proximity to public transportation, many Alexandria condos have some amenities, such as an outdoor pool, tennis courts and an exercise room. The high rises typically have secured entrances and the front desk is attended.

For $102,500, for example, one buyer snagged an 810 square foot 1 bedroom 1 bath unit at the Olympus high rise; the monthly condo fee of $571 includes all utilities, as well as a pool, tennis courts, exterior maintenance, master insurance and management.

At the highest end of the spectrum was a 3 level, 3 bedroom, 2.5 bath townhouse style condo in Cameron Station. Listed for $485,000, this 1,901 square foot property sold for $475,500 after 73 days on market.

If you are looking for an ALEXANDRIA VA CONDO, check out the quick search below or simply get in touch with me. I'll be happy to help you find just the right Alexandria VA condo to fit your needs.

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