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Current real estate values mirror the rest of Northern Virginia, with extreme value appreciation within the last several years. The median sale price of a Pimmit Hills home was $1.1 million in May 2023, according to redfin.com, reflecting the large number of larger, new homes that replaced the original 1950s homes.
The North Ridge community lies within the original 10-mile (16 km) square of the District of Columbia, ceded back to Virginia in 1846. North Ridge is a residential area with homes of numerous styles with mostly single-family two-story and basement houses that were largely developed in the period of the 1930s through the early 1960s.
In January 2006, Redfin named Glenn Kelman as CEO. [5] The company's website began to show available homes on an interactive map in 2007. [6] In 2012, Redfin began an automatic agent rating system. After it drew criticism for using inaccurate data, the system was discontinued. [7] In June 2017, the company began Redfin Now, a home flipping ...
Northern Virginia, locally referred to as NOVA or NoVA, comprises several counties and independent cities in the Commonwealth of Virginia in the United States. The region radiates westward and southward from Washington, D.C., the nation's capital, and has a population of 3,257,133 people as of 2023 U.S. Census Bureau estimates, representing over a third of the state's total population.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
Fees paid to Realtors during home sales in the United States average around 6% of the sale price, a percentage considered exceptionally high compared to rates in other developed countries such as Australia, Canada, and the United Kingdom. [3] [4] [5] Industry research shows that Americans pay $100 billion in commissions to real estate agents ...