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Old 11-29-2007, 05:57 AM
 
19,183 posts, read 28,299,809 times
Reputation: 4002

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Quote:
Originally Posted by goldenmom7500 View Post
Well, OK, but anecdotally, areas that start to be mentioned frequently on various "best places to live" lists do see a lot of new interest.
I don't question the value of good advertsing. Wild. Wonderful. West Virginia. See? You're thinking of moving there already! I just don't think it's very realistic to explain the actual real estate numbers in Vienna (or anywhere else) on a theory of mass reaction to a two-and-a-half-year old magazine story. If that article is a driver at all, it's way, way down the list. Schools, Metro-access, proximity to everything, the fact that it's actually a town...those sorts of things play a significant role. Somebody's bit of now long-ago number crunching, not so much...
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Old 11-29-2007, 08:50 AM
 
280 posts, read 968,393 times
Reputation: 105
Quote:
Originally Posted by El General View Post
20165 is more like 24 years old. You can get a pretty good townhome there for 200K. There is a repo listed at 341K that has been sitting for a long time. Nice area, though. A good place to drive a bargain.

You must be referring to Countryside. They didn't start building Cascades until 1993. I think the two communities are pretty distinct.
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Old 11-29-2007, 10:17 AM
 
192 posts, read 193,176 times
Reputation: 21
Yes, I was. But, it is still 20165.
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Old 11-29-2007, 11:26 AM
 
1,727 posts, read 1,438,204 times
Reputation: 388
Quote:
Originally Posted by saganista View Post
I don't question the value of good advertsing. Wild. Wonderful. West Virginia. See? You're thinking of moving there already! I just don't think it's very realistic to explain the actual real estate numbers in Vienna (or anywhere else) on a theory of mass reaction to a two-and-a-half-year old magazine story. If that article is a driver at all, it's way, way down the list. Schools, Metro-access, proximity to everything, the fact that it's actually a town...those sorts of things play a significant role. Somebody's bit of now long-ago number crunching, not so much...
Gotcha, I can agree. It's quite circular though - I'm sure it ends up high on a list because of schools, metro access, proximity, etc. If someone hears of [Vienna] and then discovers it has no metro access, poor schools, etc., then the advertisement is irrelevant.
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Old 11-30-2007, 03:55 PM
 
Location: Home is where the heart is
15,400 posts, read 25,763,574 times
Reputation: 18989
Loudoun County was cited on the NBC Nightly News last night as a prime example of the drop in real estate prices. I think they must have been talking about Landsdowne--but it makes you wonder. We haven't had a drop like that in my immediate neighborhood, but I don't know how the rest of Loudoun is doing. I don;t see a lot of foreclosure signs, though. That's a good thing.
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Old 11-30-2007, 05:16 PM
 
1,727 posts, read 1,438,204 times
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Quote:
Originally Posted by normie View Post
I don;t see a lot of foreclosure signs
Can you imagine your neighbors seeing one of these in your yard? I would just die ...
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Old 11-30-2007, 05:22 PM
 
4,711 posts, read 10,850,849 times
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Quote:
Originally Posted by goldenmom7500 View Post
Can you imagine your neighbors seeing one of these in your yard? I would just die ...

I've never seen a foreclosure sign...it's totally unnecessary and could be embarassing to the former owner.

I love to surf the MLS..here's how you tell a foreclosure or pre-foreclosure. It will say "Bring all offers, subject to 3rd party approval", or something to that effect.....the "3rd party" is the lender.
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Old 11-30-2007, 06:18 PM
 
1,727 posts, read 1,438,204 times
Reputation: 388
Quote:
Originally Posted by car54 View Post
I've never seen a foreclosure sign...it's totally unnecessary and could be embarassing to the former owner.

I love to surf the MLS..here's how you tell a foreclosure or pre-foreclosure. It will say "Bring all offers, subject to 3rd party approval", or something to that effect.....the "3rd party" is the lender.
Ahh, good tip, now I get it. I walked through one foreclosure - it was in a nice neighborhood, but the home had been completely trashed. The whole place reeked of cigarette smoke; the walls had holes, the carpet disgusting. Even if I could have salvaged the house without tearing it down, I couldn't have ever lived there. Bad karma maybe? If I hadn't seen it for myself I would have said "oh, cosmetic stuff, no problem" but it was terrible.

PS - I have seen at least one foreclosure sign - it said "recently foreclosed" - but only one and not on this house above.
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