City of Alexandria situated in Virginia is a great place to be in. it is quiet near to Washington D.C. however apart from being so closed to the capital of the country it still give the pleasure to enjoy the private life. The city is a precious gold for the archeologist. However if you love to visit some historic places then you will have a great time here. As far as real estate is concerned the city of Alexandria cannot be left behind in this talk.
I would like to recall you the period of 1999 when the prices were not more than $200000. However it rose to maximum up till the year 2007 when the price was as high as $450000. Now the market has yet taken the step backwards. You will find with a little research that the market is heading towards the prices which were in 1999. However this is true for both buyer and seller. It is not so that only one has been affected. I must say that almost all of them have been affected. Hence if you decide to sell your property at present at the low prices then you will also get the opportunities to buy for a very low price. Hence you can understand that both the buyers and sellers have been affected. However you can not also assume that there is no problem.
There are really some problems. The speed at which the house rates are decreasing is really alarming. However we can only hope for a better tomorrow. And I would leave this point as it is. However I would like to bring to your notice some places which make the city of Alexandria very famous. I must say that lots of student does visit Alexandria where the University of Virginia is situated. The museum of Virginia is also very popular.
Apart from all this you will find out the living condition also superb as far as Alexandria is concerned. It is really great to live here as well. You will find all kind of real estate properties. There are around 1650 houses for sale in this area. The average cost for these properties is $339000. There is also 1325 foreclosures case here and their average cost is $325000 which is quiet low as compared to other houses. However you will not find many new homes in this area. However I would also not say that constructing new home here is not allowed. In fact I would say that you can buy a land and build your own home but you will certainly find it to be very expensive. However the choice is yours. You can also get the loan easily and the rate of the loans has really decreased during past few years.
I would say only one thing and that is you will love to live in this place if you want to enjoy your private life or complete your studies.
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