Tag: real estate
Realtor reports on May home sales
Fifty-nine homes were sold in Annandale during the month of May, including 18 condominiums or co-ops, reports Vivianne Couts of Coldwell Banker. That compares to just 47 homes sold in March 2010. But May real estate sales are about 30 percent below 2009 levels; 89 homes were sold in Annandale in May 2009. Average sales prices are up … Continued
Real estate market improved in February
Annandale’s real estate market has shown some improvements in February, compared with January. Twenty-five single-family homes were sold here last month, compared to just 17 in January, reports Vivianne Couts of Coldwell Banker. The average sales price in February was a bit lower, though–$435,000, compared to $504,719 in January. There were 62 single-family homes on … Continued
January slow month for home sales
January tends to be slow month for real estate, and this year was no exception. Vivianne Couts of Coldwell Banker reports just 17 single-family homes were sold in January 2010 in Annandale. That compares to 57 home sales in September 2009. “Things are looking up, and it is definitely a seller’s market,” she says. The … Continued
‘Looming rules’ are good first step to preserve neighborhood character
New rules passed by the Fairfax County Board of Supervisors aimed at curtailing the building of large, hulking houses that loom over much smaller, one-story houses don’t go far enough to prevent spoiling the character of some older neighborhoods. The new “looming” rules do not change the existing 35-foot building-height limit but prohibit builders from … Continued
September home sales reported
In September, 66 residences sold in Annandale, according to the local multiple listing service, reports Vivianne Couts of Coldwell Banker. The highest sales price was $850,000, the lowest was $86,900. Of the homes sold, 38 were single family, 10 were townhouse, and the rest were condos. Fifteen were short sales, and another 15 were foreclosures.
Arrests made in huge mortgage fraud operation
Ever wonder what’s going on with those huge mansions springing up all over and who would buy them? It turns out many of them are part of criminal mortgage schemes. The Fairfax County Police Department, in conjunction with the FBI, busted 20 suspects involved in an elaborate fraudulent mortgage operation, the police department reported Sept. … Continued
Fewer home foreclosures in Mason District
The number of foreclosed houses in the Mason District and Fairfax County as a whole is decreasing, reports county spokesperson Brian Worthy, although there are still plenty of foreclosed properties in our neighborhoods. According to the Department of Tax Administration, the number of foreclosures in the Mason district dropped from 300 in September 2008 to … Continued