Reply to This must be some sort of housing bubble again

Forum Index » Real Estate

Reply to "This must be some sort of housing bubble again"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]That house a realtor just posted in Fall Church City needs a lot more work than new carpet, awning removal and a new door. That house is a tear down!
[/quote]

Eh, it's from the 80s it's probably salvagable for like $200k.  Reason it is not selling is no one wants to spend $800k+ on an ugly home next to a car service station.

Location, location, location.  Living next to a shop dumping oil out back == bad location.

The tripe that there are hidden gems is ridiculous; if a house is in a good location, it sells whether to developers or desperate buyers unless price is ridiculous.  This bubble has everyone riled up, and people aren't looking for their own first home, they are looking for investment and not nice staging.  Look at the crap that sells in Lyon Village in a day.[/quote]

You are saying the location is bad?  You clearly are not up to date on the Tinner Hill and Harris Teeter Projects that have already been approved.  [/quote]

Nope, don't live in FC. So the service station next door will be torn down, that would definitely help.

But just b/c something has been approved doesn't mean it will be financed nor completed, so you are taking a gamble.  Especially if rates rise eventually, projects can collapse.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics