NOVA Zen Homes

NOVA Zen Homes Building a sustainable real estate practice founded on integrity, relationships, ethics, and data

Another interesting take on the market with prices projected to stabilize next spring. Probably a good to focus on finan...
08/25/2021

Another interesting take on the market with prices projected to stabilize next spring. Probably a good to focus on financial health?

Today’s hot housing market is one of the peculiar outcrops of the pandemic. Housing supply was already low before Covid-19, but it was further hampered as lockdowns took place and people began looking for new homes, driven by a host of reasons—from the desire to leave populated cities to better ...

Recent experience supports this in Northern Virginia.
08/24/2021

Recent experience supports this in Northern Virginia.

Virginia’s real-estate market held firm in July, but an increasing number of would-be purchasers are being priced out as costs increase and competition for homes remains strong.

Useful information for first time home buyers.
08/23/2021

Useful information for first time home buyers.

Are you a first-time homebuyer? There are many options and programs to consider. FHA loans offer a low down payment, more forgiving credit qualifying terms, and perks for the borrower such as no penalty for early payoff. 

The City's population growth will likely increase due to Amazon HQ2. On the other hand the City is also experiencing mor...
08/19/2021

The City's population growth will likely increase due to Amazon HQ2. On the other hand the City is also experiencing more frequent rains and associated flooding. Wonder how these factors will impact the local real estate market.

Alexandria has received initial data from the 2020 U.S. Census.

This combined with the continuing shortage of homes makes it likely that home prices are not going to drop in the near t...
08/18/2021

This combined with the continuing shortage of homes makes it likely that home prices are not going to drop in the near term. Thoughts?

Lumber prices may be down, but the rising cost of other supplies is putting pressure on the new-home market.

Is this the beginning of a new equilibrium or will this be followed by a return to a pre-covid market?
08/17/2021

Is this the beginning of a new equilibrium or will this be followed by a return to a pre-covid market?

America's red-hot housing market is starting to cool: 60% of home offers faced competition in July, down from 67% in June.

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Alexandria, VA
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