Bobby Samson's Northern Virginia Real Estate Blog

Market Report - New Mortgage Rates 12-1-08

Bobby Samson (Samson Realty) — Mon, 01 Dec 2008 11:22:09 -0600

Hi All,

Now is the time. Rates have dropped across the board to 2008 lows. Look below and see what this means.

Mortgage Interest Rates*

Rates as of Saturday, 29th November, 2008:

	Conforming	APR	Payment per $1,000	Jumbo	APR	Payment per $1,000
30 Year Fixed	5.5%	5.658%	$5.68	5.75%	5.933%	$5.84
30/10 Year Interest Only	5.75%	5.910%	$4.79	6.25%	6.438%	$5.21
5/1 Libor Arm	6.000%	6.163%	$6.00	6.250%	6.438%	$6.16
5/1 Libor Arm IO	6.125%	6.289%	$5.10	6.750%	6.944%	$5.63
FHA below $362K 30 yr fixed	5.5%	5.658%	$5.68	%	0.000%	$0.00
FHA above $362K 30 yr fixed	5.5%	5.658%	$5.68	%	0.000%	$0.00

*Rates are subject to change due to market fluctuations and borrower's eligibility.

All "Non-FHA" rates based on 20% down paying one total point. Borrower must qualify. Seller may pay points and closing costs, not exceed 3% of purchase price. FHA financing with as little as 3% down. Loan amounts to $729,750. Buyer may get a gift for the down payment and seller may pay additional 6% towards closing costs. Rates can change without notice.

Open House this weekend in Vienna Virginia - Dec 7th

Bobby Samson (Samson Realty) — Mon, 01 Dec 2008 11:16:51 -0600

605 Kingsley Road, Vienna, VA

offered at $499,999

OPEN HOUSE THIS SUNDAY, Dec 7th, FROM 1-4!
Walk to the Vienna Metro! Brick front 4 BR, 2 BA Home. Beautiful private fenced yard with trees, pool, 2 decks and a patio! 2 finished levels. Bright & spacious Kitchen w/new flooring and newer appliances. Dining Room with new carpet, bay window and double french doors. Living room w/wood FP. Immaculate condition inside and out. Convenient location, a commuter's dream! For more information or to see a virtual tour please visit www.bobbysamson.com

Something to be thankful for...New Rates!

Bobby Samson (Samson Realty) — Tue, 25 Nov 2008 11:34:37 -0600

Hi All,

The FED announced a $600B infusion of capital into mortgage bank securities. Rates dropped as much as .5% this morning.

See Article Below from the Wall Street Journal...

November 25, 2008, 8:21 am

For release at 8:15 a.m. EST

The Federal Reserve Board on Tuesday announced the creation of the Term Asset-Backed Securities Loan Facility (TALF), a facility that will help market participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities (ABS) collateralized by student loans, auto loans, credit card loans, and loans guaranteed by the Small Business Administration (SBA).

Under the TALF, the Federal Reserve Bank of New York (FRBNY) will lend up to $200 billion on a non-recourse basis to holders of certain AAA-rated ABS backed by newly and recently originated consumer and small business loans. The FRBNY will lend an amount equal to the market value of the ABS less a haircut and will be secured at all times by the ABS. The U.S. Treasury Department-under the Troubled Assets Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008-will provide $20 billion of credit protection to the FRBNY in connection with the TALF. The attached terms and conditions document describes the basic terms and operational details of the facility. The terms and conditions are subject to change based on discussions with market participants in the coming weeks.

New issuance of ABS declined precipitously in September and came to a halt in October. At the same time, interest rate spreads on AAA-rated tranches of ABS soared to levels well outside the range of historical experience, reflecting unusually high risk premiums. The ABS markets historically have funded a substantial share of consumer credit and SBA-guaranteed small business loans. Continued disruption of these markets could significantly limit the availability of credit to households and small businesses and thereby contribute to further weakening of U.S. economic activity. The TALF is designed to increase credit availability and support economic activity by facilitating renewed issuance of consumer and small business ABS at more normal interest rate spreads.

TALF Terms and conditions (72 KB PDF)

GSE Announcement

The Federal Reserve announced on Tuesday that it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises (GSEs)-Fannie Mae, Freddie Mac, and the Federal Home Loan Banks-and mortgage-backed securities (MBS) backed by Fannie Mae, Freddie Mac, and Ginnie Mae. Spreads of rates on GSE debt and on GSE-guaranteed mortgages have widened appreciably of late. This action is being taken to reduce the cost and increase the availability of credit for the purchase of houses, which in turn should support housing markets and foster improved conditions in financial markets more generally.

Purchases of up to $100 billion in GSE direct obligations under the program will be conducted with the Federal Reserve's primary dealers through a series of competitive auctions and will begin next week. Purchases of up to $500 billion in MBS will be conducted by asset managers selected via a competitive process with a goal of beginning these purchases before year-end. Purchases of both direct obligations and MBS are expected to take place over several quarters. Further information regarding the operational details of this program will be provided after consultation with market participants.

Northern Virginia Real Estate - Featured Listings - Nov 25th

Bobby Samson (Samson Realty) — Tue, 25 Nov 2008 11:20:10 -0600

Below are my featured properties for the week of Nov 25th. This Sunday 11990 Market Street, #805 in Reston, Virginia is holding an Open house. New last week this luxury 8th floor condo features 3 BR/2BA and many fabulous amenities. 605 Kingsley Road in Vienna is back on the market with a new low price! There will also be an Open house this Sunday, from 1-4. Don't miss it! For more information please visit www.bobbysamson.com

Thanks and have a happy Thanksgiving!!

OPEN SUNDAY

11990 Market Street #805
Condo
3 bedrooms
2 full/0 partial baths
1,646 sqft

$789,900
Reston, VA

RENTED	14848 Ashby Oak Court Single Family House 5 bedrooms 3 full/1 partial baths 5,144 sqft	$620,000 $3,500/Month Haymarket, VA
	20904 Winola Terrace Townhouse 3 bedrooms 3 full/1 partial baths 1,648 sqft	$359,900 Ashburn, VA
	22087 Water Run Court Single Family House 2 bedrooms 2 full/2 partial baths 2,200 sqft No pets	$1,400/month Ashburn, VA

OPEN SUNDAY

605 Kingsley Road
Single Family House
4 bedrooms
2 full/0 partial baths
1,459 sqft

$499,999
Vienna, VA

BOBBY SAMSON
Realtor
NVAR Top Producer
bobbysamson527@hotmail.com
703-862-4714
www.bobbysamson.com

Samson Realty
14526 Lee Road Suite 100
Chantilly, VA 20151

Reston Virginia Open House - Nov 30th 1-4

Bobby Samson (Samson Realty) — Tue, 25 Nov 2008 11:00:28 -0600

Reston Virginia Homes for Sale
OPEN HOUSE THIS SUNDAY, NOV 30TH, FROM 1-4

11990 Market Street #805, Reston, VA 20190

Offered at $789,900

Luxurious Condo in the Heart of the Reston Town Center. 3 BR/2BA 8th floor condo with 2 garage parking spots and 6x8 storage room. Over 1600 sq feet. Hardwood floors throughout. Gourmet eat-in Kitchen w/Granite counter tops and Stainless Steel appliances. Family Room w/floor to ceiling windows. Built-in sound system. Luxe MBR suite. Amazing amenities include fitness center, outdoor pool, private theatre room, conference room, valet parking, guest suites and 24 hour concierge. Steps from Reston Town Center and premier shopping and restaurants. Close to Dulles Toll Road and FFX County Pkwy. More more details and to see the virtual tour please visit www.bobbysamson.com

Vienna Virginia Open House - Nov 30th from 1-4

Bobby Samson (Samson Realty) — Mon, 24 Nov 2008 10:56:56 -0600

605 Kingsley Road, Vienna, VA

offered at $499,999

OPEN HOUSE THIS SUNDAY, NOV 30th, FROM 1-4!
Walk to the Vienna Metro! Brick front 4 BR, 2 BA Home. Beautiful private fenced yard with trees, pool, 2 decks and a patio! 2 finished levels. Bright & spacious Kitchen w/new flooring and newer appliances. Dining Room with new carpet, bay window and double french doors. Living room w/wood FP. Immaculate condition inside and out. Convenient location, a commuter's dream! For more information or to see a virtual tour please visit www.bobbysamson.com

Vienna Virginia Homes for Sale - Kingsley

Bobby Samson (Samson Realty) — Wed, 19 Nov 2008 13:54:11 -0600

605 Kingsley Road, Vienna, VA

Back on the Market, Don't miss it!
offered at $499,999

OPEN HOUSE THIS SUNDAY, NOV 23RD, FROM 1-4! Walk to the Vienna Metro! Brick front 4 BR, 2 BA Home. Beautiful private fenced yard with trees, pool, 2 decks and a patio! 2 finished levels. Bright & spacious Kitchen w/new flooring and newer appliances. Dining Room with new carpet, bay window and double french doors. Living room w/wood FP. Immaculate condition inside and out. Convenient location, a commuter's dream! For more information or to see a virtual tour please visit www.bobbysamson.com

Reston Virginia Real Estate - Nov 18th

Bobby Samson (Samson Realty) — Tue, 18 Nov 2008 13:56:36 -0600

Below are my featured properties for this week, Nov 18th. This week 11990 Market Street, #805 in Reston, Virginia is Just Listed. This luxury 8th floor condo features 3 BR/2BA and many fabulous amenities. 20904 Winola Terrace in Ashburn, Virginia reduced their price to $359,900. For more information please visit www.bobbysamson.com

Thanks and have a great week!

JUST LISTED

11990 Market Street #805
Condo
3 bedrooms
2 full/0 partial baths
1,646 sqft

$789,900
Reston, VA

RENTED	14848 Ashby Oak Court Single Family House 5 bedrooms 3 full/1 partial baths 5,144 sqft	$620,000 $3,500/Month Haymarket, VA
NEW PRICE	20904 Winola Terrace Townhouse 3 bedrooms 3 full/1 partial baths 1,648 sqft	$359,900 Ashburn, VA
	22087 Water Run Court Single Family House 2 bedrooms 2 full/2 partial baths 2,200 sqft No pets	$1,400/month Ashburn, VA

BOBBY SAMSON
Realtor
NVAR Top Producer
bobbysamson527@hotmail.com
703-862-4714
www.bobbysamson.com

Samson Realty
14526 Lee Road Suite 100
Chantilly, VA 20151

Reston Virginia Homes for Sale - Market Street

Bobby Samson (Samson Realty) — Tue, 18 Nov 2008 13:47:58 -0600

Reston Virginia Homes for Sale - JUST LISTED!!

11990 Market Street #805, Reston, VA 20190

Offered at $789,900

Ashburn Virginia Homes for Sale - New Price

Bobby Samson (Samson Realty) — Tue, 18 Nov 2008 13:43:52 -0600

Ashburn Virginia Homes for Sale

20904 Winola Terrace, Ashburn, VA
offered at $359,900

Charming Townhouse with Single Family Feel. 3 levels, 3 bedrooms, 3.5 bath, one car garage Townhome in Ashburn Village. Stylish details include Kitchen with hardwood floors, Corian counters, deck, gas fireplace, neutral colors, vaulted ceilings and so much more! Premium lot with fully finished walkout lower level backs to common area, unobstructed views. For more inofrmation please visit www.bobbysamson.com

Ashburn Virginia Homes for sale - Nov 11th

Bobby Samson (Samson Realty) — Tue, 11 Nov 2008 15:37:42 -0600

Featured listings for the week of November 11th. 14848 Ashby Oak Court in Haymarket, VA rented this week. This 5 BR SFH had many upgrades, an outdoor pool and more! Take time today to thank a Veteran!

RENTED	14848 Ashby Oak Court Single Family House 5 bedrooms 3 full/1 partial baths 5,144 sqft	$620,000 $3,500/Month Haymarket, VA
	20904 Winola Terrace Townhouse 3 bedrooms 3 full/1 partial baths 1,648 sqft	$369,900 Ashburn, VA
	12191 Goldenchain Court Single Family House 7 bedrooms 4 full/2 partial baths 8,394 sqft	$1,850,000 Oak Hill, VA
UNDER CONTRACT	605 Kingsley Road Single Family House 4 bedrooms 2 full/0 partial baths 1,459 sqft	$529,900 Vienna, VA

BOBBY SAMSON
Realtor
NVAR Top Producer
703-862-4714
www.bobbysamson.com

Samson Realty
14526 Lee Road Suite 100
Chantilly, VA 20151

Rented! Haymarket Homes for Rent

Bobby Samson (Samson Realty) — Tue, 11 Nov 2008 15:32:38 -0600

JUST LISTED!

$635,000 or $3,500/Month

Elegant 5 Bedroom, 3.5 Bath Engle Single Family Home. 2 Car Garage. Over 5,000 finished Sq. ft.! Spectacular backyard with 3 tier patio, hot tub w/cascading waterfall to salt water pool and large Trex deck. Gourmet Kitchen, Sunroom, 2 story great room. Lux MBR suite. Fully finished LL w/media room, rec. room, game room and wet bar. This luxurious home has too many upgrades to list! Walk to Clubhouse and other Piedmont amenities in this gated golf community.

Rental Homes for Rent in Northern Virginia - Renters need agents too!

Bobby Samson (Samson Realty) — Tue, 11 Nov 2008 11:32:20 -0600

Tired of Searching through hundreds of rental listings by yourself?

I will assist you in finding the rental home that fits your needs.

Benefits of using our rental team...

* I will do the searching for you...finding all the properties that fit your criteria.

* I have full access to MLS listings and can send you daily emails with updates on all new rental properties.

* No more multiple appointments, easy access to properties.

* Full representation with negotiating skills.

* I will work for you on your schedule.

* Absolutely NO cost to you, the landlord pays my commission!

Call me today at 703-862-4714 or email me at rentals1234@hotmail.com and let me help you find your home today!

Bobby Samson
Realtor, NVAR Top Producer
www.bobbysamson.com
703-862-4714

Samson Realty
14526 Lee Road, Suite 100
Chantilly, VA 20151

Haymarket Virginia Homes for Sale - New Price!!

Bobby Samson (Samson Realty) — Thu, 06 Nov 2008 12:52:05 -0600

FOR SALE

Reduced to $620,000

14848 Ashby Oak Road
Haymarket, VA 20169

Visit my website at www.bobbysamson.com to see virtual tour and pictures.

Vote and get free starbucks or ice cream!

Bobby Samson (Samson Realty) — Tue, 04 Nov 2008 15:02:15 -0600

Vote and get free starbucks or ice cream!

Don't forget to go out today and vote...Your voice counts! Polls in Virginia close at 7pm so you still have time.
After you vote stop by your local starbuck for a free coffee or Ben and Jerry's for a free ice cream cone!

Bobby Samson

NVAR Top Producer

bobbysamson527@hotmail.com

703-862-4714

Samson Realty
14526 Lee Road Suite 100
Chantilly, VA 20151

Vote and get free starbucks or ice cream!

Bobby Samson (Samson Realty) — Tue, 04 Nov 2008 15:01:59 -0600

Vote and get free starbucks or ice cream!

Bobby Samson

NVAR Top Producer

bobbysamson527@hotmail.com

703-862-4714

Samson Realty
14526 Lee Road Suite 100
Chantilly, VA 20151

Ashburn Virginia Real Estate - Nov 4th

Bobby Samson (Samson Realty) — Tue, 04 Nov 2008 14:54:40 -0600

Featured listings for the week of November 4th. 22091 Water Run Court in Ashburn Rented last week. 22087 Water Run Court in Ashburn is still for Rent. This 2 BR/s BA private entrance basment is a must see!

Don't forget to go out and vote today!

FOR SALE/RENT	14848 Ashby Oak Court Single Family House 5 bedrooms 3 full/1 partial baths 5,144 sqft	$635,000 $3,500/Month Haymarket, VA
	20904 Winola Terrace Townhouse 3 bedrooms 3 full/1 partial baths 1,648 sqft	$369,900 Ashburn, VA
	12191 Goldenchain Court Single Family House 7 bedrooms 4 full/2 partial baths 8,394 sqft	$1,850,000 Oak Hill, VA
UNDER CONTRACT	605 Kingsley Road Single Family House 4 bedrooms 2 full/0 partial baths 1,459 sqft	$529,900 Vienna, VA

BOBBY SAMSON

Rented! Ashburn Homes for Rent

Bobby Samson (Samson Realty) — Tue, 04 Nov 2008 14:44:57 -0600

22091 Water Run Court, Ashburn, VA
Private Entrance 2 BR/2BA Basement!

RENTED!!!

$1,400/month

Private entrance 2 Bedroom, 2 Bath Basement. Huge living Space w/over 2000 sq feet. Mint Condition. Walk in closets. Newer Full Kitchen. Laundry Closet with full size Washer and Dryer. Great Ashburn Location. Close to Dulles Greenway, 28, Dulles Town Center and more! Don't miss it!

Tired of looking through hundreds of rental listings? Stop searching by yourself!

I will assist you in finding the rental home that fits your needs. I have access to Full MLS and will search for you. I will work for you for FREE, the landlord pays my commission!

Call me at 703-862-4714 or email me at rentals1234@hotmail.com and let me help you find your home today!

Samson Realty
14526 Lee Road Suite 100
Chantilly, VA 20151

see additional photos below

Leesburg Homes for Rent - RENTED!

Bobby Samson (Samson Realty) — Thu, 23 Oct 2008 13:34:15 -0500

RENTED

$1,750/Month

502 Covington Terrace, Leesburg

Gorgeous End Unit 3 BR, 3.5 Bath Towhouse. HW Flooring in Living Room and foyer. Spacious Eat in Kitchen. 2 Master Bedroom suites. Large Deck walks down to Fenced Backyard. LL with Family Room, 3rd BR & Full Bath. Great Leesburg location close to shops & restaurants. Don't miss it!

Tired of looking through hundreds of rental listings? Stop searching by yourself!

I will assist you in finding the rental home that fits your needs. I have access to Full MLS and will search for you. I will work for you for FREE, the landlord pays my commission!

For more information please visit my website www.bobbysamson.com

Bobby Samson

NVAR Top Producer

bobbysamson527@hotmail.com

703-862-4714

Samson Realty
14526 Lee Road Suite 100
Chantilly, VA 20151

Ashburn Virginia Real Estate - Don't Miss it!

Bobby Samson (Samson Realty) — Thu, 23 Oct 2008 13:30:10 -0500

Ashburn Virginia Real Estate

20904 Winola Terrace, Ashburn, VA
offered at $369,900

Northern Virginia Homes for Sale - 10/21

Bobby Samson (Samson Realty) — Tue, 21 Oct 2008 11:42:58 -0500

This week I have a new listing for rent and for sale, 14848 Ashby Oak Court in Haymarket, Virginia. This gorgeous home has many upgrades and a gorgeous backyard with pool, hot tub and tiered patio.

For more information please visit my website www.bobbysamson.com or call me directly at 703-862-4714/

JUST LISTED	14848 Ashby Oak Court Single Family House 5 bedrooms 3 full/1 partial baths 5,144 sqft	$635,000 $3,500/Month Haymarket, VA
	20904 Winola Terrace Townhouse 3 bedrooms 3 full/1 partial baths 1,648 sqft	$369,900 Ashburn, VA
	12191 Goldenchain Court Single Family House 7 bedrooms 4 full/2 partial baths 8,394 sqft	$1,850,000 Oak Hill, VA
UNDER CONTRACT	605 Kingsley Road Single Family House 4 bedrooms 2 full/0 partial baths 1,459 sqft	$529,900 Vienna, VA

BOBBY SAMSON

Samson Realty
14526 Lee Road, Suite 100, Chantilly, VA 20151
cell: 703-862-4714
fax: 703-896-5857
bobbysamson527@hotmail.com
www.bobbysamson.com

Haymarket Homes for Rent - 5 BR

Bobby Samson (Samson Realty) — Tue, 21 Oct 2008 11:35:47 -0500

FOR RENT

$3,500/Month

14848 Ashby Oak Road
Haymarket, VA 20169

Visit my website at www.bobbysamson.com to see virtual tour and pictures.

Piedmont Virginia Homes for Sale

Bobby Samson (Samson Realty) — Tue, 21 Oct 2008 11:07:57 -0500

JUST LISTED!

$635,000 or $3,500/Month

Welcome to the world! Future Agent?

Bobby Samson (Samson Realty) — Fri, 10 Oct 2008 11:04:02 -0500

Welcome to the world my son Charlie Sean Samson. He was born September 26th. He took his time but he finally arrived at 2:23pm, weighing in at 6 lbs 5 oz. My wife and I couldn't be more blessed. He may be the third generation of Samson's at Samson Realty :). Below are some pictures of the little guy...

Northern Virginia Homes for Sale - October 10th

Bobby Samson (Samson Realty) — Fri, 10 Oct 2008 10:43:56 -0500

Below are my featured Homes for Sale. New this week is 20904 Winola Terrace in Ashburn Village. This 3 BR TH has a single family feel.

For more information on any of my listings please visit my website www.bobbysamson.com or call me direct at 703-862-4714.

JUST LISTED	20904 Winola Terrace Townhouse 3 bedrooms 3 full/1 partial baths 1,648 sqft	$369,900 Ashburn, VA
	12191 Goldenchain Court Single Family House 7 bedrooms 4 full/2 partial baths 8,394 sqft	$1,850,000 Oak Hill, VA
UNDER CONTRACT	605 Kingsley Road Single Family House 4 bedrooms 2 full/0 partial baths 1,459 sqft	$529,900 Vienna, VA

BOBBY SAMSON

Samson Realty
14526 Lee Road, Suite 100, Chantilly, VA 20151
cell: 703-862-4714
fax: 703-896-5857
bobbysamson527@hotmail.com
www.bobbysamson.com