Potomac Yard | Del Ray | Old Town Alexandria Real Estate News

Nov. 12, 2016

Lorton VA Short Sales - Price Reduction 5842 Mallow Trail

Lorton VA Short Sales - Nestled in the Mason Neck community of Gunston Manor, this lovely home at 5842 Mallow Trail has just been reduced to $475,000.  Now is the time to take a look, especially if you are downsizing.  Forget the 55+ communities, come to this lovely home with a front porch, three levels, wood floors, fenced and gated yard, outdoor shed, with no HOA. You'll enjoy being close to the river and close to nature with Mason Neck State Park nearby, as well as Pohick Bay Regional Park and Pohick Golf Course.

This home is a short sale with one bank. The short sale process has been started so all we need is your offer! For full listing details, click here!

To schedule a showing of this home, please call Tamara at 703-623-8759.

       

 

Aug. 1, 2016

3805 Laramie Place Unit K Now Under Contract

3805 Laramie Place Unit K Now Under Contract
in Alexandria VA 22309

 

 

Alexandria VA Condos For Sale - Are you on the hunt for condos for sale in Alexandria VA for less than $200,000? Well, there's one less on the market.  We've just secured a buyer for our listing at 3805 Laramie Place Unit K in popular Sequoyah.

One of the goals of a top Alexandria VA listing agent, is to identify the target buyers for the home. Listed at $165,000, 3805 Laramie Place Unit K is a perfect fit for a first-time home buyer. We offered information on First-Time Buyer Programs including a $5000 Grant and showed buyers how grant funds can be used toward the down payment and closing costs for a home.  Rent prices in Alexandria VA continue to increase, that makes it difficult to save.  With these programs, we are able to help more renters make the transition into home ownership without breaking the bank.

If you are currently renting, click here to see information on Virginia first-time homebuyer programs to see if you qualify.

Don't forget to download our free Summer 2016 Guide to Buying a Home below.

 

     

 

 

Posted in Condos, Under Contract
April 13, 2016

Our Spring 2016 Homebuyer Guide Is Here| Download Now

Our Spring 2016 Homebuyer Guide Is Here|
Download Now (No Registration Required)

 

2016 Spring Homebuying Guide

 

What's inside the Spring 2016 Edition?

  • 4 Reasons to Buy a Home This Spring: Reason #1, if Alexandria VA real estate prices continue to increase, waiting can mean you'll be priced out of the market.  According to market statistics, there's only a two month supply of homes for sale.  That means you can expect competition from other buyers. You'll need to be armed and ready with your mortgage approval, and strategies from your Alexandria VA buyer agent to help you write a winning offer.
  • A look a real estate prices across the country. The Alexandria VA real estate market is very fast paced.  What's normal in Texas, may not be the norm here, just outside of Washington DC.
  • How mortgage interest rates impact the monthly payment of your home, and what you can afford.
  • Rising rents. Does the thought of renewing your lease at a higher price scare you? You owe it to yourself to see if you are able to purchase.  Compare the cost of buying a home to what you're currently paying in rent and see if it makes sense to you.  Getting pre-approved for a mortgage loan does not obligate you to buy.
  • What you need to qualify for a mortgage? What should you expect in terms of a down payment? What about your credit score?

Just tap (or click) and go! No more waiting.  The spring real estate market is here and historically that means this is the season where the market favors sellers.  Will there be competition? How do I prepare myself to buy a home? What do I need to know about interest rates, financing, and getting a mortgage?

Sometimes it can be overwhelming when you try to figure out everything yourself.  But, you don't have to. Download your free copy of my 2016 Spring Homebuyer Guide as a first step.  When you're ready to work with a top Alexandria VA buyer agent, just give me a call at 703-623-8759.

This easy to read guide is yours free!  No registration required, just click, open, and view on your mobile phone or tablet, or download to your desktop computer.

 

      search for homes        what's my home worth

Posted in Buyers
Feb. 1, 2016

Free 2016 Winter Buyer Guide For Alexandria VA Homebuyers

Free 2016 Winter Buyer Guide For
Alexandria VA Homebuyers

 

Alexandria VA Real Estate - With so much information online, it can overwhelming when you're thinking about buying a home. From PITI to DTI and LTV, it's enough to make your head spin. Alexandria VA homebuyers can now take advantage of our free 2016 Winter Buyer Guide to Buying a Home.

Inside this edition you'll find information on 2015 home prices, interest rate projections for 2016, qualifying a mortgage and more.  Download this handy guide, and when you're ready, call me at 703-623-8759 to start your home search.

 


 

                      Search for home    What's My Home Worth

 

Posted in Buyers
Jan. 30, 2016

Bolling Brook Condo Just Sold at 3240 28th Street

Bolling Brook Condo Just Sold at 3240 28th Street

3240 28th street

Affordable homes for first-time homebuyers in Alexandria VA are hard to find.  With help from non-profit organizations like Rebuilding Together Alexandria, there is more inventory of move-in ready affordable homes.

Rebuilding Together Alexandria has just purchased the short sale property at 3240 28th Street Unit 202 in Bolling Brook.  This two bedroom condo was an Alexandria VA short sale.  Once this short sale was approved by the bank and creditors, we had the green light to close.  Now, the rehab process can begin. 

This property will now get a facelift to bring it back to life.  Changes and upgrades can include new flooring, new kitchen appliances, fresh paint, new windows and doors, and new bathroom fixtures and upgrades.  In many of the homes, Rebuilding Together Alexandria will also replace heating and air equipment and water heaters.

But these homes aren't your typical 'flip'.  The work is done with the help of volunteers, and the properties are relisted, and made available only to first-time homebuyers.  Since Rebuilding Together Alexandria is a non-profit organization, the list price of the homes are based on the previous purchase price plus the cost of rehab.

So stay tuned, this home will be back on the market.  If you are currently renting, and either live or work in the City of Alexandria, give me a call at 703-623-8759 to see if you qualify.  In partnership with the Office of Housing, these homes are available on a first-come first-serve basis, no bidding up the sales price like in open market listings.

 

Dec. 14, 2015

3051 Manning Street Has A New Price

New Price - 3051 Manning St, Alexandria VA 22305
$520,000

3051 Manning Street front porch

Del Ray Homes For Sale - If you've been circling around the active homes for sale in Del Ray, you probably just got the alert that the renovated rowhouse at 3051 Manning Street has just been reduced to $520,000.

If you're one who loves to "People Watch", then ease on up the brick steps to the covered front porch and gaze at the joggers, bikers, and pooches that pass by.  This home is located just steps from Mount Vernon Avenue (aka 'The Ave'), so you can sit and watch behind the security of the fenced yard.

3051 Manning Street living room

When you step inside, the sun drenched living room will greet you with the nostalgic hardwood floors that continue into the dining room.  With this end unit rowhouse, you'll love the extra windows that welcome natural light.  The entire home has been freshly painted with soft neutral colors, and elegant crown moulding frames the living and dining areas.

3051 Manning Street dining room

The dining room is a great conversation area as well.  With two windows, new light fixture, and room for expansion, it's a great space to enjoy your homemade or carryout meals that you picked up from the restaurants on The Ave.

3051 Manning Street Rec Room

When you're ready to lounge, retreat to the lower level rec room.  It's the ideal space for a customized 'man-cave', a home office for the telecommuter, or a guest room.  The lower level offers a generously sized half bath, and a large utility room with full sized washer and dryer.  The basement also has a walkup rear exit into the backyard.

This home at 3051 Manning Street is located in the heart of it all.  Why not shorten your commute, and live within walking distance of Mount Vernon Avenue, Old Town Alexandria, and Potomac Yard.  There is off-street parking in the rear alley, and you'll have the benefit of a concrete pad inside your enclosed back yard.

For more details and photos of the lovely end rowhouse at 3051 Manning Street, please click here.  To take  a look, give me a call at 703-623-8759 today.

 

Nov. 13, 2015

3051 Manning Street, Alexandria VA 22305 - Coming Soon

3051 Manning Street - Coming Soon!
Lovely Del Ray End Rowhouse

3051 Manning St For Sale

Del Ray Homes For Sale - Have you been waiting for a beautiful home in Del Ray where you can sit out on your front porch, or just get up and walk to the shops and dining on Mt Vernon Avenue ('The Ave')? Do you want to walk out of your front door to the Farmer's Market on Saturdays?  What about walking to the Potomac Yard movie theatre?  Need some milk, Walgreens is also nearby, not to mention the brand new Giant that just opened!

3051 Manning Street

Why waste time with a long, excessive commute? In minutes, you could be home, on your front porch, and ready to relax.

If this sounds like the start of something beautiful, then click here to schedule an appointment and know immediately when this home hits the market.

 

         

Sept. 22, 2015

Sold in Mayflower Square in Alexandria VA

Sold in Mayflower Square in Alexandria VA

5927 quantrell avenue just sold by tamara inzunza


SOLD in Alexandria VA

First-time homebuyers who are on the prowl for an affordable condo with low monthly fees just missed out on the chance to scoop up this unit. The result is another home JUST SOLD in the Mayflower Square subdivision of Alexandria, courtesy of listing agent Tamara Inzunza with RE/MAX Executives.

This home was another opportunity offered by Rebuilding Together Alexandria. Rebuilding Together Alexandria is a non-profit organization based in the City of Alexandria.  The organization uses federal and state funds to purchase distressed properties (bank owned foreclosures and short sales), rehabs them, and offers them for sale below market value, to first-time homebuyers.  If you are interested in learning more, and you currently live and/or work in Alexandria City, call me at 703-623-8759 to see if you qualify for the down payment assistance programs that are available.

With the median price of a home in Alexandria at $523,500, it's a challenge for many first-time home buyers to find an affordable home in good condition.  Thanks to Rebuilding Together Alexandria, properties are freshly painted with updated kitchen appliances, new flooring, and HVAC systems are replaced or serviced.  Also, all properties convey with a home warranty. The home at 5927 Quantrell Avenue #104 was sold for $124,742.

Posted in Just Sold
Sept. 11, 2015

Alexandria VA Short Sales Report for August 2015

Alexandria VA Short Sales
Market Report for August 2015

 

We're heading into the last quarter of 2015, so let's see how the short sale listings have been doing in the Alexandria VA real estate market.

How many short sales closed in August 2015?

 

As you can see, the number of short sale listings that closed in Alexandria VA over the past year is significantly low.  The monthly volume has yet to reach double digits in 2015, with one sold short sale closing in July.  In August, 234 homes sold and 4 of them were short sales.

Are there are lot of short sales on the market in Alexandria VA?

It's slim pickins' when it comes to finding short sale listings in Alexandria VA.  Take a look at the inventory of listings:

At the end of August, there were 536 homes for sale in Alexandria VA, and 8 active short sale listings.  What does this mean for an active buyer?  It means that there are plenty of traditional listings to go after if you don't have the time to wait for a bank to look at your offer and decide whether or not to take it.  Does this mean that you should exclude short sales from your search? Absolutely not! Odds are, buyers are competing for the traditional resales, so you may have more negotiating power by going after a short sale with fewer buyers to compete against.  Keep in mind that the bank still has to approve your offer, so a low-ball on a short sale may be acceptable to the seller, but the bank still has the authority to step in and approve the short sale subject to a higher counteroffer.  Be sure to have your Alexandria VA buyer agent review the sales comparables with you to see if it makes sense to increase your offer.

How many short sales are pending in Alexandria VA?

When we look at homes that are under contract, or pending, it's usually an indicator of how the volume of closings will look the next month.  Take a look at the number of short sales that are pending in Alexandria VA:

As the volume of traditional sales that are pending declined for the fourth straight month, the number of pending short sales remained consistent with what we've been seeing all year.  In August, there were 27 pending short sales in Alexandria VA.

 

                    

If you are facing a financial hardship, please give me a call at 703-623-8759 for a confidential consultation to see if you qualify for a short sale.

July 3, 2015

Where to See Fireworks on 4th of July Alexandria VA 2015

Where to See Fireworks on 4th of July In
and around Alexandria VA 2015

It's a 3-day holiday weekend so be prepared for the festivities and celebrations to begin on Friday, July 3rd!  If you are looking to get start your weekend with good food, concerts, and fireworks then you're in for a good time this weekend.  Take a look at the schedule of events below to know where to see fireworks and find parades in and around Alexandria VA.

where to see 4th of july fireworks alexandria va

 

If you're in the Lorton VA area, be sure to kickstart your weekend early with a concert, and have your pick from a variety of food truck vendors at the Workhouse Art Center.  There will be a $10 parking fee, and food truck vendors will have a vast assortment of foods including pizza, rum cakes, bbq, ice cream, and other specialty desserts.  This event will begin at 5:30 PM, and the fireworks will begin around 9:00pm.

Do you live in Fairlington?  Then you won't have far to go to catch the annual Fairlington Village 4th of July parade.  This parade is open to the public, and is held in the Fairlington community at S. 31st and S. Abingdon Streets.

I'm sure that there's nothing like catching the spectacular show on the National Mall, but we had a great time when we went to Kings Dominion on the 4th of July two years ago.  It was an action packed day of swimming and water slides at the water park (now renamed Soak City), not to mention the yells and screams from my favorite roller coaster The Ricochet!  We even caught the best seat in the park while watching the fireworks show from The Americana.  That's my kind of day!

Have a safe and Happy 4th of July!

 

 

                  

Posted in Fun, Things To Do