Summer 2009

Our Parkfairfax Real Estate market seems very stable. It seems the "hot-lane" situation has been halted. Local Resident's complaints along with lack of funding seem to have "done the trick". YEAH!!

For those of you who have waited for combined units to come up for sale (over 1500 square feet), you will soon be rewarded. Our combined units have more square footage than many of the detached houses in Beverly Hills and Braddock Heights. There's a lack of one bedroom units for sale at this time. Call us 703-820-9273.

In the Washington Post today was an article about the 2% increase in values in property during the previous quarter. We see a lot of buyers who haven't quite decided that "this is the time" to buy. This action tells Realtors with a lot of experience (been through hard times before) know "this IS the time to buy". Hard to believe that some properties in Parkfairfax drew multiple offers during the last quarter. The most renovated properties continue to sell most quickly; which means more money for the sellers.

Some appraisers have been horrors for buyers, sellers and Realtors in the past quarter; however, this is changing. We've had several good appraisals during the past few weeks, unlike the early summer. You wouldn't believe some of the prices appraisers were assigning to our precious Parkfairfax properties.

We look forward to hearing from those of you who want to sell and buy. We're here every day of the year! See you in the Shirlington hood at a Restaurant, a bar, the theatre or the grocery store in the next few days....or at one of the 3 Parkfairfax pools.