Craig Richardson's (crichnr) Blog

According to data gleaned from MRIS, in December, 9 townhouses sold in McLean, which is more than any of the three previous Decembers.  5 townhouses sold in December 2008, 4 in December 2007, and 7 in December 2006. The 21 Median Days on the Market in December 2009 was also dramatically less than...

Yesterday's McLean Connection had a great update on the status of the Metro Extension.  Seems like everything is proceeding full steam ahead as scheduled. Phase I of the project, which began early last spring, is scheduled to be completed by 2013 and will take the Metro from the Orange line, thr...

The December 2009 sales for single family homes in McLean continues to signal a strengthening local market.  In total, 33 single family homes were sold in December 2009 compared with 26 sold in December 2008, and 30 in December 2007.  Only December 2006 had more sales when 50 changed hands. While...

Washington seems to be the place to be these days.  Yesterday, another major U.S. Corporation announced it is moving to the Metropolitan Washington, D.C. area. Northrop Grumman, the huge defense contractor, is moving its headquarters from Los Angeles to somewhere in the D.C. area by 2011, accordi...

  Today's Washington Post carried a story covering the top Washington business stories for 2009.  After noting that many businesses in the area struggle last year, they pointed to other stories that provide rays of hope for the local economy. Included in their list was the major business coups F...

As we said goodbye to 2009 last week, the Fairfax Times summed up the year for Fairfax County as one that "had plenty of ups and downs."  For the down side, they highlight the budget woes (what municipality didn't face budget shortfalls last year), increased traffic congestion primarily due to th...

  With the extension of the Metro through Tysons Corner and out to Dulles Airport, several condominium complexes are now poised to suddenly have the Metro in walking distance.  According to NBC Washington, "The coming rail line would put several condominium communities within walking distance of...

  This is really cool!  Mars Chocolate Brands (i.e., Snickers, Milkway, 3 Muskateers) is offering one lucky fan an opportunity to celebrate on the field immediately following this year's Super Bowl! According to a press release from the McLean, VA based company, "one lucky fan will score an all-...

In their ongoing attempt to ease traffic congestion, Metro announced they would be adding a limited-service bus to the King Street-Tysons Corner route (28) in order to "speed travel."  According to Sunday's Washington Post, The new 28X route will serve 13 stops on Leesburg Pike and Broad Street b...

  With the downturn in the economy resulting in layoffs and other negative impacts, those with mortgages of $1 million and higher are defaulting at nearly twice the rate of the U.S. average.  According to Bloomberg News, payments on "12% of mortgages exceeding $1 million were 90 days or more ove...