Neighborhood in the Newspaper! And I've Got a Home for Sale There - 11/21/10 10:01 PM
Advertising in the newspaper is one thing.  Publicity is a whole different matter.
One costs money.  The other's free.  One's fleeting.  The other's archived forever (or at least for a very long time).
For the second time in just as many months, The Washington Post has published a neighborhood profile in it's "Where We Live" Saturday edition, that #1 quotes me as the REALTOR and #2 is a neighborhood where I've got a home on the market for sale.  This type of publicity is priceless for me and more importantly for the sellers of those homes!
Here's a photo of yesterday's … (9 comments)

Do We Get the Fridge & the Shed? What Comes (Conveys) with a Home in Northern Virginia? - 11/21/10 08:57 PM
One of the most common questions that homebuyers ask when walking through potential homes has to do with whether certain items (e.g. the built-in shelves, the crystal chandelier, the window shades, the refrigerator) come with the home.
Technical REALTOR-speak or legalese for this question is: Does the item convey?
The answer to this question can obviously be very important to any buyer.  For example, if the clothes washer and dryer don't convey, you might have to spend time researching models, plan for a trip to Sears or Best Buy, and shell out a thousand bucks for new ones.
Fortunately when buying … (2 comments)

Where? Oh Where? Where in Northern Virginia Should You Go to Purchase a $500,000 Home? - 11/15/10 03:46 PM
Last month, the average sales price of a home in Northern Virginia was $470,882.  For our purposes, let's round that up to an even $500K or half a million bucks.
So, let's say you've got good credit, a decent downpayment, and the wherewithal to handle a mortgage of this size.  It's time to go shopping for a house.  Where? Oh where in Northern Virginia should you go to purchase the $500,000 home that your friendly mortgage professional approved you to buy?
The answer (as all good answers involving real estate and law should be) is: Depends!
It depends on what you want. 
… (5 comments)

What do these Arlington Virginia stores have in common? An elevator ride away - 11/11/10 03:57 PM
Ship a package, make photocopies, pick up some lunch or dinner, relax your aching back with a massage, buy some fresh milk and grocries, and finally kick back with a cold beer. 
How's that sound?  Like "living the dream", right?
You can do all that and more when you purchase the wonderful condo that I have listed for sale at The Eclipse in Arlington.
Read more about the condo here: Modern! Chic! Upscale!: 3600 S. Glebe Road #431W for Sale at The Eclipse Condominium for $365,000
Here's a couple of photos:

 
Just a quick elevator ride away from Unit #431W are … (4 comments)

Alexandria Virginia Condos for Sale: November 2010 - 11/09/10 02:38 PM
As of today, November 9, 2010, there are 318 condos on the market in Alexandria, Virginia.  This represents 45% of the total inventory of homes currently available in the City of Alexandria.  During the month of October, 51 Alexandria condos sold, a slight decrease from the 55 sales in September. 
In the first 10 months of the year, 678 condos sold in Alexandria, equating to a current inventory of about 4.7 month supply of condos at the average monthly absorption rates.  That represents a market that slightly favors sellers of condos in Alexandria. 
The chart below shows the inventory of condos at some of the more … (1 comments)

Fast & Fun Facts about Fairfax County - 11/08/10 02:43 PM

Here's some fast & fun facts about Fairfax County, Virginia:
Population:  1,037,605 (as of April 2009)
Size:  407 square miles.  395 square miles of land and 12 square miles of water
Fairfax County has the 2nd highest median household income of any county of over 250,000 population in the United States!  Number 1 is neighboring Loudoun County, Virginia.
8 Fortune 500 Companies are headquartered in Fairfax County.
The following area are all located within Fairfax County:  Annandale, Burke, Centreville, Chantilly, Great Falls, McLean, Oakton, Reston, Springfield.
Fairfax County Resources:
Fairfax County Government
Fairfax County Public Schools
Doing Business in Fairfax … (4 comments)

Most Expensive Home Sales in Northern Virginia for October 2010 - 11/04/10 04:06 PM
Are you wondering about Northern Virginia real estate and pondering what has sold recently?
Here's some information about the most expensive home sales in Northern Virginia (Arlington County, Alexandria City, Fairfax City, Fairfax County, and Falls Church City) for October 2010.  All information was obtained through MRIS.
Overall, there were 61 Northern Virginia home sales topping $1 million during October 2010, about the same as were sold in September 2010 (63). 
Currently, there are 713 homes on the market in Northern Virginia with list prices topping $1 million - slightly less than the 748 that were on the market at this time last … (5 comments)

You Might Want to Buy a Northern Virginia Home Now. In 3 Months They Could Be Gone. - 11/04/10 02:53 PM
Has anyone told you that there's less inventory of homes on the market?  Have you heard that multiple offers are back?  That's the story in Northern Virginia.  You won't read it in The Washington Post.  You certainly won't hear it on CNN, MSNBC, or even FoxNews.
However, that's the reality of the ever-changing real estate market in Northern Virginia.
Overall, there's only a 3.14 month supply of homes on the market (assuming average sales/month equivalent to the average over the last 6 months).  As home sales tend to slow down during the late Fall and early Winter, we're probably closer to … (4 comments)

66.9% Ain't Bad! That's the Homeownership Rate in the United States - 11/02/10 03:05 PM
Housing is dead!  No American wants to own a home anymore.  The American Dream is over.
At least that's what you'd think from listening to some of the recent media reports.
This sensational headline would certainly make you think so: Homeownership at lowest level in a decade
Yet on closer examination, you'll find that 66.9% of the households in the United States own their homes.  While down from the 2004 peak of 69%, this number ain't bad.  Remember that some of these folks who owned homes at the height of the housing boom should have never bought in the first … (10 comments)

 
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Brian Block -- Northern Virginia & D.C. Real Estate

McLean, VA

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RE/MAX Allegiance, Managing Broker/Branch Vice President

Address: 6226 Old Dominion Drive, McLean, VA, 22101

Office Phone: (703) 626-0715

Cell Phone: (703) 626-0715

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