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Vicky Chrisner
"The Real Estate Whisperer"
- 213 Helpful Answers
- 1,261 Answers
- 87 Blog posts
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Specialties:
Home and Land sales: Loudoun and Fairfax Counties, and surrounding areas. REOs and short sales, new construction and resales.
Interests:
Running my business; taking care of my family; charity work.
About:
I'd like to be your preferred Dulles area real estate expert. Call me for any kind of real estate information, or check my web site - I try to store many
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Vicky Chrisner answered:
Thaddeus,
I hope you understand that as Reat Estate Agents, we can't steer you into one neighborhood or the other. We can't make safety and demographic recommendations for you, or anyone. That is why your question has been answered as it has, without a simple yes or no.
Prior to the market downturn, many developers and other real estate experts, felt that the bargain prices near Ft Belvoir, along with the anticipated relocation of many military and government jobs to that area, were going to bring about significant redevelopment in the area, and therefore that area was ripe for real estate investing. Many of them thought that it would be a shorter waiting period until such redevelopment happened. But, with the decline in the economy you dont see much investing in new infracture (i.e. what is required to spur redevelopment and revitalization in a neighborhood). I still believe they were right, it's just that the process has been delayed about 10 years (beginning in 2006 - so we're still about 7 years out)....however, we may be at or very near the bottom of the price adjustment in real estate. I say all this, because it depends on your goals of real estate investment. If you are looking for a long term hold property which will provide you significant returns, you may want to do an analysis on this area, as there are some serious bargains there.
You see, there are pros and cons of every real estate purchase, and the goals of buyers vary dramatically. With a good buyers agent that understands your personal goals and needs, I am sure you will get great advise. The two agents that have answered here prior to me might be worth interviewing as potential agents.
Best of luck.
I hope you understand that as Reat Estate Agents, we can't steer you into one neighborhood or the other. We can't make safety and demographic recommendations for you, or anyone. That is why your question has been answered as it has, without a simple yes or no.
Prior to the market downturn, many developers and other real estate experts, felt that the bargain prices near Ft Belvoir, along with the anticipated relocation of many military and government jobs to that area, were going to bring about significant redevelopment in the area, and therefore that area was ripe for real estate investing. Many of them thought that it would be a shorter waiting period until such redevelopment happened. But, with the decline in the economy you dont see much investing in new infracture (i.e. what is required to spur redevelopment and revitalization in a neighborhood). I still believe they were right, it's just that the process has been delayed about 10 years (beginning in 2006 - so we're still about 7 years out)....however, we may be at or very near the bottom of the price adjustment in real estate. I say all this, because it depends on your goals of real estate investment. If you are looking for a long term hold property which will provide you significant returns, you may want to do an analysis on this area, as there are some serious bargains there.
You see, there are pros and cons of every real estate purchase, and the goals of buyers vary dramatically. With a good buyers agent that understands your personal goals and needs, I am sure you will get great advise. The two agents that have answered here prior to me might be worth interviewing as potential agents.
Best of luck.
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