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March 23, 2012 Listing Roundup

Spring Market Blossoming

Rock Creek Woods cherry blossoms

Well, it is officially spring now (see the cherry blossoms in Rock Creek Woods above) and the market is definitely heating up. I am seeing well-priced homes selling quickly with multiple offers, escalation clauses. Some homes are going for over asking. Clients of mine just lost an over-asking bidding war to buyers who waived the right to do home inspections. That’s a move circa 2005. Here are a few interesting properties that have come on during the past week. They all happen to be in Virginia. A 1967 Forest model in Wessynton listed for $549K; a 1971 Bonner custom in Reston listed for $710K; a 1955 raised ranch with shed roof in Yacht Haven Estates listed for $539K; and this expanded Goodman in Hollin Hills with a back addition by Joanne Goldfarb and an Arthur Cotton Moore-designed front addition and enclosed courtyard listed for $$824K.