Sign of the Times - 07/31/07 09:22 AM
The National Association of Home Builders issued their NATIONAL new detached home numbers for the month of June. As expected the numbers were down 6.6% from the previous month. The inventory of new homes remained the same as the previous month but due to slower sales however the supply of homes … (0 comments)
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Waiting in Line at the Settlement Office - 07/30/07 02:57 PM
It never seems to fail. The end of the month is packed with closings. The loan officers are scrambling, the settlement companies are swamped and the Realtors® are shuffling contracts to make sure everything is done. But is closing at the end of the month all that important?
The answer may depend … (3 comments)
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Did Frank Lloyd Wright Invent the Split- Level Home? - 07/28/07 07:01 PM
Some architectural historians would like to say that he did. Many of his prairie style homes incorporated a "split" design, however they were far larger than what the average family could afford at the height of his building days. The split level homes that eventually followed did follow two key concepts … (3 comments)
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Fairfax County Wins it's Effort to Keep BRAC Jobs-So Now What? - 07/27/07 07:34 PM
After 2 years of study the Army today announced that they would not be moving all 22,000 jobs originally slated for Fort Belvoir from Crystal City and Pentagon as part of the BRAC proposal announced in 2005. The impact on the local traffic and roads close to the base in Lorton would have meant many years … (0 comments)
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National Harbor Rises on the Potomac River - 07/27/07 07:05 AM
Residents of Old Town Alexandria stare across the Potomac River at the enormous cranes that are building the new 300 acre National Harbor Resort Community and shake their heads. This area, once a tree covered shore, began to take shape as the final section of the Wilson Bridge was completed. Now … (1 comments)
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What Are They Smoking? - 07/25/07 07:26 PM
Wow I don't know why I didn't think of this. Selling your home is as simple as 1-2-3. At least that is what the Real Estate Journal on-line says."To sell your home you only need to do three very simple things"•1) Find out the value of your property•2) Market your property•3) … (7 comments)
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Who Lives Underground? Not Just Moles! - 07/22/07 07:08 PM
That was what the newspaper headline of the Journal Messenger said in 1983 when they were writing about my current earth sheltered home listing in Manassas. The current owner of the property is only the second owner of the home and she is fortunate enough to have the original photos of the … (4 comments)
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Positive News in Arlington and Alexandria Virginia - 07/22/07 08:08 AM
Not every community is feeling the pinch of lower prices in the Northern Virginia market. Some neighborhoods closer to town continue to see price increases as buyers realize the value of being closer to DC for work and play. Multiple contracts are still being seen in some communities in Arlington.
Some … (3 comments)
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No Doubt About It- It is a buyer’s market in Northern Virginia - 07/21/07 08:36 AM
Is real estate market suffering from a self fulfilling prophecy? Have all the "experts" who control the press driven real estate into its current tail spin? Are there any significant reasons why consumer confidence in the housing industry is so low?
Let's take a look at a few facts about the Northern … (5 comments)
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The Charm of a Small Town-Clifton VA - 07/20/07 09:13 PM
When you think of Northern Virginia you most often think of traffic and suburban shopping malls not older neighborhoods that retain a small town charm. I happen to be a fan of our local "small" towns and explore them whenever I can. Located down a winding two lane road past horse … (1 comments)
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What’s Behind the Gates in Northern Virginia - 07/19/07 04:12 PM
I had the opportunity recently to tour the most expensive home currently for sale in Fairfax County. Listed for $14,000,000, Chateau in Oak Hollow is located on a 5 acre lot in an area just outside the historic town of Clifton. Modeled after a French Chateau the property has an indoor … (2 comments)
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Alexandria City Home Sales-Del Ray June 2007 - 07/19/07 01:47 PM
Last month 10 homes sold in the Del Ray community in Alexandria. Average sales price for townhouses was $475,927 and for detached homes was $644,388.
Currently there are 14 properties listed for sale in Del Ray ranging in price for a 2BR/1.5BA townhouse for $359,900 to $875,000 for a 4BR/4BA all … (0 comments)
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The Automation of Real Estate-Will it be Successful? - 07/18/07 09:41 AM
In 1902 the first Automat restaurant opened in center city Philadelphia. It quickly moved on to New York City and automat restaurants could be found in most of the northern industrial cities during the early 20's and 30's. When cars became more prevalent and families could get further away from the … (4 comments)
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What You Get for the Money - 07/17/07 12:59 PM
I had a prospective buyer out yesterday and the topic came up about how much more house they could buy today than they could last year in either Prince William or Fairfax County. Now I am a visual person by nature so I decided to go back and create a couple of … (3 comments)
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Straight Talk from a Northern Virginia Realtor - 07/16/07 08:41 PM
As someone who has seen the market in the Northern Virginia area go through the up and down cycles before I thought I would provide some personal insight on our real estate market for buyers who might be sitting back and waiting.
I purchased my first home in Northern Virginia in 1981. … (0 comments)
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Relaxing In Belmont Bay-Beacon Park for Active Adults - 07/16/07 04:31 PM
UPDATE: THIS HAS NOW BEEN CHANGED TO RIVER CLUB II BY THE DEVELOPER AND IS NO LONGER A 55 AND OLDER COMMUNITYREAD LATEST COMSTOCK ANNOUNCEMENT HEREComstock Homes is almost ready to deliver the first of the new Beacon Park Condos in the Belmont Bay community located in Woodbridge VA. Belmont Bay … (2 comments)
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Strolling the Avenue in Del Ray - 07/14/07 02:17 PM
This morning I had the rare opportunity to take a Saturday morning off and enjoy the farmers market and a stroll through the streets of Del Ray in Alexandria VA. Not as famous as its neighbor, Old Town Alexandria, the neighborhood of Del Ray still exudes old style charm and grace.
… (4 comments)
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What has 50 Ramps and 20 Lanes? - 07/13/07 06:00 PM
If you live in Fairfax County then you may already know the answer to this little riddle. It is the famous or is that infamous Springfield Interchange. Fondly referred to as the Mixing Bowl this intersection of 95/395/495 has been undergoing major construction for seven, yes that is right, seven years.
… (6 comments)
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Seven Traits of Successful Real Estate Agents - 07/13/07 09:22 AM
One of the reasons that I made the decision to leave behind a very lucrative corporate career, besides being very tired of airports and hotel rooms, was that I wanted the opportunity to put on my entrepreneur hat full time. The last company that I worked for was an up and … (4 comments)
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How Green is Your Money? - 07/12/07 11:44 AM
As someone who took out part of the front yard of two of my previous homes and turned them into a wildflower gardens, I have been thinking about the environment and green living for awhile now. As I try and wait patiently, okay I'm actually fidgeting, for a freelance writer from the … (3 comments)
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The Sky is Falling...NOT! - 07/11/07 05:21 PM
Despite all of the continued bad press about home prices the numbers that were recently posted by both the local MRIS system and the Northern Virginia Association of Realtors do not show a dramatic decrease in home prices in Fairfax County.
The sales price for both attached and detached homes remained close … (2 comments)
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LUXURY CONDO CLOSEOUT IN BELMONT BAY-PRINCE WILLIAM COUNTY - 07/11/07 07:09 AM
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Eastern Prince William County Home Sales in June 2007 - 07/10/07 09:21 PM
The good news for buyers still continues in Prince William County. For this report I took a quick look at the 22191 zip code to see how prices did in June. Prices are still lower than 2007 and buyers are able to negotiate good deals not only on resale properties but … (2 comments)
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Slugs…they aren’t just slimy crawly creatures - 07/10/07 04:41 PM
My daughter who lives in the town of Fareham in the UK has been plagued by slugs this summer. They are feasting on her vegetable garden and even have found a way to get into the house. Being the kind environmentalist that she is she has been looking for "natural" ways … (2 comments)
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Rivergate Condominiums-The New Gateway to Prince William County VA - 07/09/07 03:10 PM
A new condominium community is underway on the banks of the Occoquan River near Belmont Bay and the Potomac River. Created by IDI the developer who has brought a number of luxury developments to the Northern Virginia area including the Watergate Hotel in DC, the Rotonda in McLean, Carlyle Towers in … (0 comments)
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Home Sales in the Lake Ridge Community-Prince William County VA - 07/08/07 10:39 AM
The community of Lake Ridge in Prince William County has been popular with buyers since it was first developed in the 1970's. With two large community centers, 5 swimming pools, boat ramp and tennis courts the recreation opportunities abound in the area. When Lake Ridge was under development in the late … (0 comments)
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Show Me Your Google Map! - 07/07/07 06:42 PM
I've played with Google Maps and kept trying to figure out a great use. Today I figured out one. I'm working with an Army family relocating to the area from Fort Bragg. Today was the day to see if we could find the right place. We needed to find a place … (9 comments)
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New Construction in Historic Occoquan-Prince William County - 07/07/07 10:42 AM
Tucked between the Occoquan River and the hills that lead into the Lake Ridge area of Prince William County is the oasis of historic Occoquan. With its one way streets quaint shops and waterfront restaurants it is an area that those in the know have enjoyed for years.
Development of new … (0 comments)
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WOW! CUSTOM TOP FLOOR CONDO IN BELMONT BAY-PRINCE WILLIAM COUNTY VA - 07/07/07 09:18 AM
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Market Absorption Rates an AR Gathering - 07/06/07 09:08 AM
I became familiar with the term Absorption Rates and what they mean during a CRS class this year. I've noticed some recent AR posts on the subject and in looking at some of the comments it seems that it might still be a new concept to a lot of folks. So … (2 comments)
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Park Fairfax June Sales Report - 07/05/07 05:53 PM
Although Park Fairfax condos are smaller than the neighboring community of Fairlington the proximity to DC and easy walking to the restaurants and theaters in Shirlington make them a terrific buy for first time home buyers, investors and boomers looking to downsize.
There are currently only 5 active sale properties on … (0 comments)
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To Have and to Hold - 07/05/07 03:37 PM
No, this post isn't about marriage but it is about a long term commitment to real estate investing. As you're probably aware, some of the world's richest people have made their fortunes by investing in real estate. You can go to any bookstore and find dozens of books on how to … (6 comments)
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Fairlington Neighborhood Continues to be HOT - 07/03/07 04:47 PM
With it's close proximity to DC there doesn't appear to be a cooling trend in sales in Fairlington. Though prices are down from last year sales are still brisk. Here is the latest sales for the month of June.
*Data compiled from MRIS. RE/MAX Allegiance may not have participated in all sales*
For more … (3 comments)
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Explosive Growth at Prince William County Center - 07/02/07 07:17 PM
Geographically located at the center of Prince William County VA the new County Center development continues to move forward. With the opening of the new Harris Teeter Food Grocery Store, Ruby Tuesday and other eating places open and the final improvements to the Prince William Parkway it is easy to see why … (0 comments)
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Saying Thank You on Independence Day - 07/02/07 05:19 PM
Having had the good fortune to grow up up in the DC area I've had the opportunity to watch the Nation's Capital fireworks from a number of different perspectives.
As a child my father used to park the car on the side of the road just outside of town with a great … (8 comments)
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