What are pros and cons re 22207 in light of presidential election, and downturn in the economy???
A Starbucks and a Homemade Pizza are some of the newer additions to the Lee Heights shopping center, so while I wouldn't say 22207 is red hot, it may be slightly warmer than it was five years ago.
Thirsty Bernie's is also a welcome addition vis a vis the kind of eateries you can walk to in Northern Arlington.
I work out in Dulles, and several of my co-workers live in this area because it makes the reverse commute much easier than the Wilson corridor or further south.
Raymond, Here a good site to watch..http://www.bhgrealestate.com/Views/Look/Default.aspx
It is based on public records and covers trends, salesprices, transaction sales type, how many homes sold in three month increments and more..you can break it down to neighborhoods also...
http://www.trulia.com/home_prices/Virginia/Arlington-heat_map/ ...This map provided by Trulia is also very helpful in watching what is going on..
Best wishes in making a wise decision, Dunes
Obama is expanding the government. Population around DC will be increasing... and increase in population means an increased need for housing. Move quickly! Since the election, I've been talking to new relo buyers from all over a couple of times each week.
Raymond:
22207 has been a popular zip code in Arlington for some time and will likely continue to be. Lots of reasons for this. Some are; easy commutes to Mclean, DC, shopping, or the metro....it's a fairly large geography so different areas offer different pluses (what constitutes a plus, depends on your perspective). There are alot of new (and older) expensive homes there. As you probably know it's divided up into neighborhoods, (Country Club Hills, Country Club Manors, Berkshire Oakwood etc.) and each has it's own personality. You have probably noticed that the more expensive homes are staying on the market much longer than the well priced smaller homes in the $500,000-$900,000 range. There are fewer of these and they tend to go more quickly because people are anxious to get into the neighborhood at a lower price. There are currently quite a few $1M plus homes for sale in this neighborhood. If you are looking t buy a home there, now is a good time to negotiate a good deal. If you've got a smaller less expensive home, it's a great time to sell. If you are selling a pricier home, you'll have to check the comps carefully before pricing even with new people coming in for the new administration.
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