New Homes in Northern Virginia and Maryland
Virginia & Maryland's New Home Network
Learn about Washington DC,
Virginia and Maryland area
home builders,
new communities, demographics, schools,
mortgage alternatives and more. BRC's
builder counseling
program easily helps
you locate, negotiate, build, finance and
settle your new home.
Save thousands with the Council's
assistance, special offers and
1% Cash Back.
Best of all, BRC assistance is Free of charge to homebuyers encouraging ownership
of new construction single family houses, townhomes and
condominiums.
BRC programs and incentives are available ONLY to buyers not obligated to buyer-agent contracts with Realtors.
Residential real estate prices in Washington DC, Northern Virginia and
Maryland have declined considerably over the past several years and likely bottomed in
late Spring 2009. It appears mortgage interest rates hit a low in early December 2009.
New homes in Northern Virginia for sale and Maryland available in 2010 are experiencing
steady appreciation on well-located townhomes, condos and single family new home developments
in the Washington DC area housing market, particularly under the $500,000 price range.
Values are slowly rising in preferred locations, however over-built and distant out-lying
areas are still experiencing some short-sale, foreclosure and inventory challenges.
Washington DC housing is the strongest new home construction region in the United States
which includes NOVA as well as Suburban Maryland.
Single family, townhouse and condominium builders in Northern Virginia,
Maryland and Washington DC are currently offering attractive incentives on new home
construction. Particularly strong markets are First-Time homebuyers, Active Adult and
the region's dynamic relocation sector. Fairly valued housing is selling well to qualified
real estate investors, particularly in prime residential locations. Over the past few years,
the best selling new home developments have been condominiums for sale in Arlington Virginia
and Alexandria, Va townhomes and condos priced from $250,000-$499,000.
However, of particular note is the recent flury of activity in and around the
Dulles, Virginia corridor. The Orange Line will be connecting Arlington, Falls Church,
Tyson's Corner, The Reston Town Center and Dulles International Airport and eventually
Loudoun County. Buyers are now positioning themselves to own property prior to the new
Metro Grand Opening. The Metrorail will stop at Tysons Corner, Reston, Hendon and Dulles
International Airport. This is Northern Virginia's most exciting transportation development
in decades. Property appreciation is expected to do very well within a mile of Metrostops.
http://www.dullesmetro.com/stations/.
Contact the Council for additional information on home builders in various
communities in DC, VA and MD offering new construction single family homes, new townhomes
and condominiums. The most attractive investments are available for homebuyers with
a sense of urgency including special financing incentives. Savvy new home, townhome and
condo investors are actively purchasing properties in choice home developments reducing
inventory for more desirable homes for sale in Northern Virginia, suburban Maryland and
the Washington DC area.
The Council forecasts fair housing values will prevail with an upward bias throughout
2010 as new home prices in Northern Virginia and suburban Maryland continue to stabilize
throughout the year. The new administration has committed to "No Cap" funding of Fannie Mae
and Freddie Mac conforming mortgages including interest rate and principal reduction
concessions for qualified applicants. Nonetheless, residential appraisals are determined
by regional economic conditions, location variables and home type therefore housing prices
in Washington DC metro are not subject to unilateral market consistency.
Builders in Northern Virginia and builders in Maryland are actively
working in cooperation with the Council's
Virginia and Maryland new home search operations locating buyers looking for
new homes, new townhomes and condos priced below market averages.
LOGIN to the Council's up to date NEW HOMES DATABASE for
Northern Virginia
real estate, specifically:
Fairfax County real estate,
Loudoun County real estate,
Prince William County real estate
and Maryland real estate, including Montgomery County, Anne Arrundel County and Prince George's County.
Demographic housing data for the entire Washington DC,
Northern VA
and suburban MD residential is provided.
|
