2008 February (3)

Archive for February, 2008

Still Riding The Fence On Buying Or Selling A Home?

February 8th, 2008 categories: Buyers, Sellers

I was looking out the window at 5:30 today and was happy to see that it was still light outside. I get seasonal depression during the winter so I am always encouraged when Spring comes around.

For real estate, Spring is typically the best month of the year. Kids are getting out of school soon, we all start to spend more time outside and for some reason the desire for something NEW hits us all.

S0….. You know things have been tough for real estate and you are riding the fence on what to do. So to help, I thought I would share a fresh perspective for you FENCE RIDERS.

If you are a buyer…

What if I buy and the prices go down again. The truth is that it could. You could buy today and tomorrow your neighbor sells his home for $10K less than you just bought for. You are already upside down. That stinks. But lets put this in to perspective…

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Don’t Derail This Train!

February 7th, 2008 categories: Local Issues, Loudoun County

Living in Northern Virginia is great. We are close to the city, not too far from the mountains, all the shopping a woman could want (my wife says this), and we have the Redskins, (at least their practice field).

Nevertheless, if you were to ask people the number one complaint about living here it is the TRAFFIC.

Everything that has been built or planned off of the Route 7 Corridor of Fairfax and Loudoun County in the last few years has had in mind the extension of the metro from the Orange Line in Falls Church to Ashburn. We thought redemption was close. Even builders included the extension of the metro as part of their sales pitch of why “This” was a great location for appreciation.

Not Too Fast…

It appears that this train is close to being derailed because of the FTA trying to pull funding because of increased costs. Think of that… The government is playing the frugal card.

I like the frugal card. I am a tight myself. However, in my opinion, this is a project that must continue. The toll road has no room for more lanes, route 7 is a quicker on a bike, and there seems to be no end to people moving to this area (which is a good thing).

The metro will not fix all of the traffic issues but it sure will help. It is said that it would cut back on as many of 4 new lanes of roadway. It will also cut down on gasoline expense, which I like. The good news is that Gov. Kaine is working to resolve the issue and there are a lot of stubborn people in Northern VA that will fight or complain until we get this train moving.