{ "media_type": "text", "post_content": "Thoughts on how the real estate market is in NoVA? Slowing down or bidding wars on-going?", "post_id": "610858b2e6bdbc0024b8b3e7", "reply_count": 9, "vote_count": 3, "bowl_id": "58f80c1c753e9900166088cc", "bowl_name": "Washington, DC" }

Thoughts on how the real estate market is in NoVA? Slowing down or bidding wars on-going?

like
Posting as :
works at
You are currently posting as works at

We’re actively looking in Fairfax/Loudoun for a 5/4 around ~$1.2M. In seeing homes that have recently sold, they’re going above asking but only about 50k or so. Earlier this year, there were homes listed for $800k selling for $1.1M. It’s slowing down as CSM1 mentioned. Bidding wars are less but prices still inflated.

like

I’ve seen both. Bidding wars on turn-key, well maintained homes, but slowing excitement to buy any old run-down thing. Our neighborhood in Alexandria is up ~14% YoY, so close to the national average.

like

I’m actually not looking, just wanted everyone’s perspective, stirring up a discussion.

funny

My wife and I have been looking in Loudon and Fairfax County, the price cuts are coming back but part of it seems to be that owners were starting to price to the upper end of those bidding war prices from the beginning and thinking they could get higher. The good news is we are seeing faster price cuts, even as soon as two weeks on the market. Agree that it's mostly the less we'll maintained or those with older interiors.

like

How about for the rental market? Want to rent a 2br for ~2600 but it seems impossible. Will it come back down to those prices?

Where ya looking?

NoVA is a huge place. Where specifically are you looking?

BAH 1- I hear you. Yesterday I was browsing on Zillow and saw a place in Aldie that was listed for 950k. They bought the place for 640k in 2018! Good luck to you, I’m sure something good will turn out. Not sure if you checked Hartland but I heard those are nice (same thing there though, builders jacked up prices on the 2nd or 3rd day they came on sale).

BCG2 - agreed, best of luck in your search!

Additional Posts

Nothing better than playoff football!🏈 I think ATL will keep their lead for the win...I'm picking NE over HOU in a blow out...GB over DAL and KC over PIT in a close one 🏈

like

Helping my intern with their book and unsure: If the idea/brief wasn’t the intern’s but said intern jumped in to help with post-production, is that piece something they can put in their book or no?

like

My mid-sized firm furloughed most of its staff. Im a first year associate (7 months in) with not that many billable hours. What are the chances I’m next? So much paranoia!

like

People who had covid: Are you out dating as normal and not telling people you had covid? People who haven’t had covid: Are you willing to date people who had covid ?

like

If making banner ads suddenly stopped being a thing, what percentage of the industry would immediately be laid off?

like

Background : Tax, A1 just turned A2, at a midwest regional firm, 62. 6k salary Offer : BDO experienced associate, Tax, southeast region 65k +1k sign on bonus I'm trying to counter offer for 67k Reason to switch : Relocation and family. But current firm allow remote permanently. I'm just not sure if I will like permanent remote. So I'm not in a hurry to make a move. Would you take the offer? And why?

like

3 years ago, I interviewed someone who didn’t get the job. They emailed me weeks after, and asked, “I don’t care if I don’t get the job, I just want to be friends.” I never responded. Still feel bad

likefunny

Moxie ATL?

like

“Per diem” meal expenses are EXPLOITATION. $50 is not enough for a single meal at a hotel restaurant, let alone an entire DAY for food. Shifting travel costs onto your employees = evil. Yes i mad :<

likefunnyhelpfulsmart

How much of a value-add are Exec MBAs? I've not come across many of them. Been in IB for 9 years (no MBA) and wonder if it's something I do around the time I try to move up?

like

Are virtual therapy sessions as effective as in person? I’ve never been to therapy but want to work on my anger issues because they’re only becoming worse as the Stress from life and Covid become worse. Has anyone started therapy virtually through the pandemic?

like

How’s the Fuqua interview? What kind of questions are asked?

like

Currently part of Deloitte US firm in India 2 YoE + MBA and 4 YoE in Industry pre-MBA. Moving soon to Canada. Can anyone comment if it's possible to get into MBB in Canada? Any one willing to put referral?

like

What is the expected salary for full time developer - a state job

like

Anyone on here that got into MBB using the igotanoffer paid packages? Individual prep is going fine but I could use something to increase my confidence in my approach/progress! TIA!

like

Is it normal that companies ask for a (scrubbed) sample of your work (decks, project mgmt excel sheets, etc) in the final stages of the interview process? I’ve had two companies ask me for this

like

Has anyone successfully repaired their relationship after the strain of travel? I recently learned that my travel had hurt my marriage to the point where my SO is talking divorce. Looking into therapy

like

Is it possible to move to USA FDD senior role from Asian country with ACCA, not CPA?

like

What’s the salary expectation for Deloitte advisory SC in tier 1 city? and what’s the YoY comp raise look like?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal