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Firsttimer

I'm a:	Home Buyer
Profile URL:	http://www.trulia.com/profile/id/204425

2 Answers
1 Useful Answer

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Firsttimer's Questions (7)

Firsttimer's Answers (2)

Is Zillow...?

Asked Thu May 8 2008, 12:43 by Firsttimer - Market Conditions in Alexandria - 11 answers
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Percentage Off the Bubble Price?

Asked Tue Apr 15 2008, 10:57 by Firsttimer - Market Conditions - 1 answer
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Should I sell NOW?

Asked Fri Apr 11 2008, 13:02 by Firsttimer - Market Conditions in Alexandria - 7 answers
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Northern VA Market

Asked Fri Apr 11 2008, 11:21 by Firsttimer - Market Conditions in Virginia - 3 answers
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Price per square foot

Asked Thu Apr 10 2008, 08:19 by Firsttimer - Home Buying in 22304 - 3 answers
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Is Zillow...?

Asked Thu May 8 2008, 12:43 by Firsttimer - Market Conditions in Alexandria - 11 answers

Firsttimer answered:

I wasn't interested in zillow was a way to get an actual estimate so much as general trends. (the direction that the market is moving-- up or down). Are they more accurate than the estimates?

As an example, see the link I've posted below. It shows a small uptick in the zipcode and in Alexandria city as of late. (Ignoring the one for the condo itself). Does this uptick match what you're seeing in this zipcode? Could we be stabilizing a bit? - Tue Jun 10 2008, 12:18

When will house prices start to appreciate again?

Asked Wed Apr 9 2008, 12:57 by Firsttimer - Market Conditions in Alexandria - 59 answers

Firsttimer answered:

A few things:

I won't have to sell because I can't make the mortgage/lose my job. I have a really secure job that I love. It's more a matter of, its a condo and I (and my now serious significant other) may want a bigger place in four years, five years (2011, 2012 ish). I'm never leaving the geographic area, so I'll have some flexibility about when to sell.

Is there any data out there on the percentages that rents tend to increase from year to year (particularly in a city suburb-- I live 15 minutes outside of Washington DC). I couldn't rent it out for exactly the mortgage now, I'd be a couple hundred shy at most. But am trying to figure out if I'd be able to rent it for closer in a few years.

My other question is... in Ben's scenario below, he's only counting the 10% down, not the equity building up through my mortgage payment, correct? I know its a small amount every month but over 4-5 years it adds up.

Thanks so much to everyone! - Wed Apr 9 2008, 14:09

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Alexandria, VA

22304

Virginia

Popular Categories Market Conditions Market Conditions

Home Buying

Popular Locations Alexandria, VA Alexandria, VA

22304 Virginia

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Firsttimer

Is Zillow...?

Percentage Off the Bubble Price?

Should I sell NOW?

Northern VA Market

Price per square foot

Is Zillow...?

When will house prices start to appreciate again?

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