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Reply to "Getting desperate: What would you suggest to a first time home buyer?"
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[quote=Anonymous][quote=Anonymous]OP, Is the extra den a HAVE to have? Reducing your search to just 4 BRs may help a good bit for the areas you're looking in. Burke & West Springfield at least - these mostly turn over on the military move cycle in the spring so i'm not surprised you're finding nothing now in the dead of winter. If you decide you like that area, one thing you could do is pick an ES in either town and rent there if you end up crunched on timing this year (again, lots of TH and SFH rentals in both due to military moving) and then be well positioned to be constantly on the lookout in your one ES zone from there forward. I wouldn't go past those towns to Fairfax Station - it's lovely and houses are quite pretty but I don't see how you'd get downtown in an hour. Even Burke you'll need to either do VRE, slug lines once they restart or off-hours commuting to get to DC in that time. I live there and it's 1 hour to Arlington (near Clarendon area) flexing drive time just slightly off the peak. But most of my neighbors that went to DC pre covid did VRE. [/quote] Agree. I live in the area and it is super-cyclical. Military folks are getting their orders right about now. The inventory will pick up a little in February into March, be at its highest in April, some will come on in May, and then the leftovers (houses priced too high to start or ones with fatal flaws like bad location/layout/yard) will be available end of May into June. April is the real feeding frenzy. In your shoes I’d be looking now so you know the area well, and be ready to jump if the right house shows up in Feb or March. Be prepared to close and offer a rentback to the end of the school year. Do you have a good realtor? [/quote]
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