Now that summer is officially here, I decided to take a good look at home sales around Northern Virginia this spring. First, let me give you some quick stats on the region as a whole: Home Sales in Northern Virginia 3/1/15-6/1/15 Number of Single Family Home Sales: 2,200 Average Sale Price: $751,109 (98% of list [...]
How Many $1.2-$1.7 Million Buyers Are REALLY Out There? Someone recently asked me this question, and I realized that I had no idea. So I asked my good friend John Yannetti from Charter One. Here's what he had to say: Hi Lou, Thanks for your question. So, the qualification of a client is actually pretty [...]
As part of my weekly real estate research, I look at different neighborhoods in Northern Virginia. I see what the sales trends are, and what the current inventory looks like. This week I took a look at the past 12 months in the Chesterbrook neighborhood of McLean. Chesterbrook / Chesterbrook Estates is a highly sought-after [...]
