Why Are Condos at the Jefferson in Ballston So Cheap?
November 13, 2009 by Katie Wethman · Leave a Comment
Two words: Retirement Community.
The Jefferson is a Sunrise Senior Living Community. It consists of two high-rise condominium towers within a block of the Ballston Commons Mall and Ballston metro, and as such they get plenty of hits from buyers looking for affordable options along the Orange Line in North Arlington.
So why are these condos so [...]
Update: Housing Bill Credits for First Time Buyers
July 18, 2008 by Katie Wethman · 2 Comments
Congress continues to work on resolving conflicting versions of the housing bill first discussed back in April. Word is that they’re close to a deal. Here’s the latest scuttlebutt as to what is planned (remember, though, that this is NOT YET FINAL):
- The credit (yes, that’s a CREDIT, which is much more [...]
Co-ops: The Surprising Numbers
April 15, 2007 by Katie Wethman · 2 Comments
I’ve posted here before that I am not a big fan of co-ops, and that’s still true. HOWEVER, I do want to share some data that surprised me, and after I have a chance to do a little more digging, I may reverse my position after all.
I have a client who is very interested in [...]
Condos versus Co-ops
March 7, 2007 by Katie Wethman · 1 Comment
For my first discussion, I want to talk a little bit about co-ops vs. condos. Co-ops are a very ,misunderstood piece of the real estate market. The basic difference is this: Co-ops are corporations in which you buy shares, in exchange for which you are given the right to occupy a unit. Condos are units [...]
