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Foreign sales rise in top five countries; three states account for nearly half of all purchases

Foreign Sales Rise in Top Five Countries; Three States Account for Nearly Half of All Purchases Buyers from China exceeded all countries by dollar volume of sales at $31.7 billion, which was up from last year’s survey ($27.3 billion) and topped 2015 ($28.6 billion) as the new survey high. Chinese buyers also purchased the most housing units for the third consecutive year (40,572; up from 29,195 in 2016). Rounding out the top five, the sales dollar volume from buyers in Canada ($19.0 billion), the United Kingdom ($9.5 billion), Mexico ($9.3 billion) and India ($7.8 billion) all increased from their levels one year ago. Continue reading

Foreign U.S. Home Sales Dollar Volume Surges in Alexandria 49 Percent to Record $153 Billion

Foreign U.S. Home Sales Dollar Volume Surges in Alexandria 49 Percent to Record $153 Billion

Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high, as transactions grew in each of the top five countries where buyers originated. This is according to an annual survey of residential purchases from international buyers released today by the National Association of Realtors ®, which also revealed that nearly half of all foreign sales were in three states: Florida, California and Texas. Continue reading

Creating a Home’s First Impression in Alexandria

Creating a Home's First Impression in Alexandria   Curb appeal is a home’s first impression, and the first chance to impress potential buyers. Whether buyers are amazed by a beautiful and immaculate yard or turned off by dirty exterior walls and an overgrown lawn can meaningfully affect the speed and price at which a home sells. Improving a home’s curb appeal can be as simple as repainting a front door and getting rid of weeds in the front yard, or as involved as creating an outdoor lighting design and replacing all of a home’s windows. Before placing a home on the market, it is important to make sure that the home is prepared - inside and out - so it sells quickly and for top dollar. Continue reading

If You Need To Sell At Lake Ridge Nesbitt Realty Can Help.

Nesbitt Realty is a family-run small business that appreciates the opportunity to serve your Northern Virginia real estate needs. If the time has come to sell your home, rest assured that Nesbitt Realty understands the unique challenges of selling houses at Lake Ridge in Woodbridge, Virginia. Contact us today to get a free estimate of your Siding – Vinyl Colonial’s value. We can also prepare a marketing plan to show you how we plan to get you the best price as quickly as possible. Did you know that in Lake Ridge: Continue reading