U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Virginia > Northern Virginia
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-14-2011, 07:19 PM
 
33 posts, read 126,455 times
Reputation: 24

Advertisements

According to Redfin, the street Rosemoor Ln in Merrifield has 7 houses listed for sale. Because Rosemoor Ln is a small community, I am surprised that so many owners are trying to sell at once. After limited investigation, I still have not found an explanation

1) There are not many foreclosures nearby.

2) There is no homeowner association to blame.

3) There does not appear to be any rezoning of public schools.

Perhaps some unfavorable upcoming commercial development nearby shall ruin residential home values. What is the easiest way to research potential causes of simultaneous sell-off by homeowners within a subdivision? What are the usual culprits and suspects for a mass exodus?
Reply With Quote Quick reply to this message

 
Old 06-15-2011, 09:30 AM
 
18 posts, read 37,262 times
Reputation: 32
I think if you look around other nearby subdivisions are seeing something similar. Briarwood Chase has a TON of houses on the market. Many been sitting 30 days or so and several have had price reductions. Also Barkley has a number. I think that many owners have been sitting on homes wanting to move for awhile.

Prices have gone up in the last year in the area and I think some potential sellers have been sitting on the sidelines til things improved. I don't think there is any major issue with the area. If anything, it stands to improve due to the development around Dunn Loring metro.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Virginia > Northern Virginia
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top