This is a sponsored post by Eve Thompson of Reston Real Estate.
With record low interest rates and people clamoring for a little more space, the Reston housing market wants to be soaring… wants to be… but is not. Why?
Well, there is very, very little to sell. There are currently just 73 active listings and only two of those are single-family homes. There are 10 properties listed as coming soon.
If you are thinking about selling, now is the time. This is especially true if you are looking to downsize. People who are ready to shed their large homes for something smaller can cash in on equity and then turn around to buy something smaller. Interest rates are so favorable that mortgages are as low or lower than the cost of a nice rental in Reston.
Here’s a look at a few of the new listings in Reston:
Recent Stories
The Fairfax County Board of Supervisors faces tough decisions ahead of next week’s budget markup session, following demands from local unions to increase county employees’ wages.Last week, dozens of county…
Reston’s popular community yard sale is temporarily moving down the road. More than 3,000 people are expected to attend the biannual event when it returns this Saturday (April 27), according to Reston Association, the organizer.
Virginia bluebells bloom in Reston (photo by Marjorie Copson) Clifton Family Mourns Sons Killed in Fire — “When Fairfax County firefighters found two boys inside a fiery Virginia house earlier…
Marc Smith will serve as the new Herndon economic development director starting in May (courtesy Town of Herndon) The Town of Herndon is getting a new director of economic development….
