Northern Virginia Real Estate
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Housing styles in Virginia and maryland
Submitted by Steve on Tue, 2006-04-11 14:13.Maryland and Virginia Home Styles
Maryland and Virginia Real Estate Construction Styles
Real estate in Maryland and Northern Virginia has changed dramatically over the past several years.
Higher land costs mean higher construction costs when the cost of the lot is factored into the cost of a home. Homes have risen in price
along with the rise in land/lot costs. Ramblers, which were very popular during the 1950s and 1960s are no longer cost effective for large
developments. The "footprint" of the Rambler, or Rancher, is too large for the 8,000 or 9,000 average lot size in developments within 50 miles
of Washington, D.C. New Ramblers / Rancher Style homes are usually custom built and quite expensive on a cost per square foot basis.
Housing market
Submitted by Steve on Tue, 2006-04-11 14:32.New York - If California slid into the sea, would it take the U.S. housing market with it?
After a few years of real estate boom, which spread dramatically higher prices to many (though not all) parts of the U.S., the market has recently seemed to change course. On Thursday, the U.S. Census Bureau reported that housing starts were down 7.9% from January to February and had declined 4.8% from February 2005, indicating less demand for new construction. That came three days after the National Association of Realtors predicted that this year would bring "a more level playing field for buyers and sellers on the heels of a five-year sellers market."
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