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Fairfax County is buying foreclosed homes, and may help you buy one too.

Fairfax County passed legislation today that will help the real estate market deal with the many foreclosures in the county.  The county is purchasing 10 foreclosed homes outright and helping middle income people, with incomes up to about $75,000 purchase foreclosed homes also. The 10 properties the county is planning to purchase will be chosen by the impact the purchase will have on neighborhoods in …

Neighborhood Profile: Fair Ridge in Fairfax, Virginia

Fair Ridge is located in western Fairfax, just west of Fair Oaks Mall. It is the area north of Route 50 and west of West Ox Road. The neighborhood consists of about 500 town homes that were built in the late 1980s. The town homes are generally between 1400 and 1800 square feet on the upper two levels, plus a basement, many of which are …

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Short Sales in Fairfax

There is a little debate going on among Realtors about the advisability of buyers looking at, and bidding on short sales. Short sales are homes that are for sale that the owners owe more money on than they are listing the house for. They are NOT planning on making up the difference, but are asking their mortgage company to take the hit on the property.  …

Living along the W&OD Trail

The Washington & Old Dominion Trail is a bike trail that goes from Arlington through the middle of Fairfax County and out to Purcellville in Loudon County for a total distance of 44.82 miles. In The Washington Post is a great article with all kinds of stories that have happened along the trail. They also created a video interview with Paul McCray, much of whose …

Fairfax City Market Update

Fairfax City continues to lag behind Northern Virginia as a whole in terms of percentage of homes going under contract. In May, 15% of the homes for sale in the City of Fairfax went under contract compared to over 20% for all of Northern Virginia. Fairfax City numbers did improve in May, both compared with April and with the previous May. You can see the …

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Northern Virginia Market Update

The numbers below reflect the market for all of Northern Virginia (Arlington, Alexandria, Falls Church City, Fairfax City, and Fairfax County). Real Estate market are really very small, right down to the neighborhood level, but this gives a picture of the broad market around Northern Virginia that is compromised of the many smaller markets. May was a slightly better month than April (which was surprisingly …

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New Bike Map Published by Fairfax County

Fairfax County has completed their work on a map of good bike routes in in and around Fairfax.  The map is available online and at the Fairfax County Government Center in paper format.  The two links below are each half the map, and are extremely large .pdf files, so be on a high speed connection and be patient.  They will open in a new browser …