mclean: Where We Live - Hamel Hill - 04/01/20 12:05 PM
Where We Live: Hamel Hillby Karen Briscoe
April 1, 2020 
 
Where We Live: Hamel Hill
Location, location, location… If you are looking to buy a home in McLean, this is the right spot to start your search! A unique feature of this property, is how it backs up right to Lewinsville Park. Crisp turf fields, outdoor basketball courts, and a well-maintained baseball diamond are a few of the attractions this park has to offer. Other than athletics, this park offers a community garden, which contains a diverse number of flowers and herbs.  A delicious farmers market is also open from May 8th … (0 comments)

mclean: Real Estate Market Year over Year Comparison - 01/02/20 11:06 AM
2019 to 2018 to 2009
 McLean and Great Falls
 The dawn of a new decade has arrived and 2019 has come to a close.  The statistics for 2019 real estate transactions in McLean and Great Falls have been tallied.  The numbers are up 7.4% year over year, with 1,203 total transactions in 2019 compared to 1,120 the previous year.  The even better news is the market is considerably improved over 2009 which came in at only 867.  That represents an increase in sales of 38.8% over the last decade. The improvement in the market is likely due to several reasons.    
 Over the past … (2 comments)

mclean: Where We Live: Briar Ridge - 11/21/19 02:09 PM
Located near the heart of McLean, Briar Ridge is the perfect mix of past and present. Homes in this neighborhood have grown over the years, just like the city of McLean. Our new listing, 1805 Briar Ridge Ct., a 3 bedroom, 3 and a half bath “French Country” style home has been carefully renovated with today’s lifestyle in mind, including an indoor pool.
 
Of 30 total homes in this desirable neighborhood, only one home, a 5 bedroom 3 bathroom rambler, was sold in 2018. This home sold before it was even able to be listed on the market!
 
Often considered the crown … (0 comments)

mclean: McLean and Great Falls 3rd Quarter Market Update - 10/02/19 02:40 PM
First 3 Qtrs. 2019 Comparison to
Same Time 2018 and 2009
McLean and Great Falls
Real Estate Market Update To date 2019 is one of the best real estate markets in over a decade.  Happy days are here again! Total sales in McLean and Great Falls are up year over year by around 5%.  The numbers tell the story.  In McLean and Great Falls in the first three quarters of 2019 there were 904 sales.  In the same time frame for the previous year, 2018, there were 865. 
 
The most improved segment is the price range of $1 to $1.25 m as represents the move-up … (3 comments)

mclean: Where We Live: Lynwood, McLean - 07/17/19 08:33 AM
Lynwood is a subdivision of just over 50 homes in McLean, VA near the intersection of Dolley Madison and Georgetown Pike. These colonials, built in the late 70s and early 80s, are located a bit off 123 in McLean and sit on comfortable, roughly third-acre lots. These homes are in HIGH demand, even for McLean due to their amazing location.
Lynwood is just 1 mile from the 123 entrance to the GW Parkway. That means you are just 1 stop light from DC. A big factor in these communities being built were as a quiet place to live for people working on … (1 comments)

mclean: First Half of 2019 Market Study - 07/03/19 01:13 PM
Real Estate Market Update
First Half 2019 vs.
First Half 2018 and 2009 Comparison
 McLean and Great Falls Flat is the best description of the real estate market performance for the first half of 2019.  Truly I am surprised as there were signs and indicators of more robust activity.  The numbers speak for themselves though!  There were 576 total transactions in McLean and Great Falls in the first half of 2019.  In the same time frame for the previous year, 2018, there were 571.  
The segment that showed the most improvement is the price range of $1 to $1.25 m.  The move-up buyer in … (0 comments)

mclean: 1st Quarter 2019 Market Update! - McLean and Great Falls - 04/03/19 01:55 PM
First quarter 2019 went out like a lion on March 31st with breezy weather in Northern Virginia.  The real estate market behaved similarly at the end of the first three months of the new year.  The numbers have been tallied for real estate sales in McLean and Great Falls and indicate down year over year by 14%, 183 compared to 214.  The good news is the market has considerably improved over 2009, a decade ago, which totaled only 108.  The market shifts are likely due to several factors.    
In many price segments inventory levels are low relative to demand.  This … (2 comments)

mclean: McLean and Great Falls Real Estate Enjoys Best Number of Sales in Decade - 10/05/16 02:52 AM
The McLean and Great Falls real estate market has experienced a robust number of sales in the 1st three quarters of 2016. The number of transactions is up 9% over 2015 same time frame. In addition, compared to the 2006 market, it is up almost 16%.  This is excellent news for the market area as we enter into fourth quarter and the national election cycle. It indicates an environment for the potential for price appreciation in some segments, provided demand remains strong relative to supply.
The segment that performed the best in these zip codes was the lower brackets, considered to be anything … (0 comments)

mclean: PRESS RELEASE: Book Launch Reception “Real Estate Success in 5 Minutes A Day” - 10/02/16 09:27 PM
McLean, VA. – A reception was held for the recent launch of Karen Briscoe’s book “Real Estate Success in 5 Minutes A Day.” The event celebrated this important milestone in Karen’s career and thanked those who have supported her throughout her journey.
The reception was held on Thursday September 29th, 2016 at the Starnut Gourmet in McLean. Hosts were Keller Williams Agents Lizzy Conroy (Vice President, HBC Group) Ron Cathell (Owner, Team Cathell) and Amina Basic (CEO and Team Leader, KW). Wine, cheese, small bites and sweets were served. Autographed copies of the book were available for purchase at the reception.
“Real Estate … (0 comments)

mclean: McLean and Great Falls Real Estate Enjoys Strong 1st Half 2016 - 07/05/16 02:21 AM
              
The real estate market in the first half of 2016 was robust in McLean and Great Falls. The number of transactions is up 6% over 2015 same time frame. In addition, compared to the 2006 market ten years ago, it is up over 18%.  This is excellent news for the market area as we enter into the summer season. It indicates an environment for the potential for price appreciation, provided demand remains strong relative to supply.
As was the case for the first quarter 2016, the segment that performed the best in these zip codes was … (0 comments)

mclean: Real Estate: McLean & Great Falls Strong 1st QTR 2016 - 04/01/16 09:12 PM
First quarter 2016 real estate market did not disappoint in McLean and Great Falls. The numbers are up over 12% year over year. Further the levels are what was seen ten years ago in the robust 2006 market. This is excellent news for the market area as we enter into the more traditional spring selling season. It indicates an environment for the potential for price appreciation, provided demand remains strong relative to supply.
The best performing segment for these zip codes was the upper brackets, considered to be over $1.25 million.  Most of the price points experienced greater sales year over year and … (0 comments)

mclean: 2015 Outstanding Year Overall for Real Estate in McLean & Great Falls - 01/09/16 02:07 AM
The numbers are in for 2015 in McLean and Great Falls and the market is up almost 11% over 2014 in terms of number of sales.  This is excellent news for the market area as it indicates an environment for the potential for price appreciation, provided demand remains strong relative to supply.  
 
The best performing segment for these zip codes was the lower brackets, considered to be under $1.25 million.  Not surprising the entry level home purchaser experienced the most significant increase of 23% in demand.  Most analysts attribute this to the Millennial Generation now entering the market to purchase their … (0 comments)

mclean: Historic Pleasant Grove Church, McLean, VA - By Michelle Arcari - 11/20/15 06:53 AM
Historic Pleasant Grove Church 
8671 Lewinsville Road, McLean, Virginia 22102
est. 1895
The local Virginia scenic byways are a great way to enjoy nature’s spectacular display of Fall colors.  There are a number of long, winding roads in McLean to cruise down and take in the vibrant foliage.  Just past the intersection of Spring Hill Road on the way to Route 7, there is a deep curve on Lewinsville Road that flows past one of the regions truly historic structures - Pleasant Grove Church. 
Sited just across Lewinsville Road from the Jewett Farm, the little white church with the red roof is an outstanding example of 19th century Virginia vernacular … (0 comments)

mclean: Should Home Sellers Decorate for the Holidays? - 11/12/15 07:21 AM
The holiday season for many people begins at Thanksgiving and extends through December until after the first of the year. Many Sellers that have their home on the market wonder if they should decorate their home for the holidays.
Holiday decorations can contribute to a home feeling warm and friendly. Further special decorating can show different uses for spaces and features of the home. Lights can accent areas that may be “lost” to darkness and cheer up the front of a home in the bleak mid-winter season.
What has been found best is that the client should proceed with what the family normally … (4 comments)

mclean: Wisdom Comes From Experience in Real Estate as in Life - 09/25/15 03:49 AM
It is considered common sense that wisdom comes from experience.   As it relates to the real estate market most would say that the wisdom gleaned from the last few years is that the market in 2004-2006 was over inflated, even to the point of being a bubble.  Some would say that it was a self-fulfilling prophecy, that most of the appreciation in the market was not sustainable because of so much exuberance.  That what happened next with the market correction was inevitable. 
 
Which came first:  the exuberance over the appreciation or just the exuberance that threw out sound judgment and common sense?  … (1 comments)

mclean: Living in the Forest Villa Neighborhood in McLean by Lizzy Conroy - 09/03/15 01:43 AM
For 10 years, my husband, children and I lived in the Forest Villa neighborhood in McLean.  We absolutely loved the neighborhood and our neighbors.  It has a great history with some original owners and several newer owners.  Everyone looks out for everyone else, and it’s not uncommon for a book club night or an impromptu cookout among neighbors to pop up.  Some fond memories are during big snow storms or the perfect spring day which brings everyone out to shovel snow or ride bikes.  Lots of adorable pets get walked by their adoring owners.  Kids group up for an outdoor backyard … (0 comments)

mclean: How Public Schools Rankings can Effect Housing Values - 08/13/15 05:04 AM
A client who lives in Great Falls, Virginia posed the question recently:  Is there a premium for a house in the Langley High School district versus South Lakes High School?  Both of the schools are in the acclaimed Fairfax County Public School umbrella, which is the 10th largest in size in the United States.
Langley High School is predominately located in the postal addresses of McLean and Great Falls, and the majority of the South Lakes High School district falls in the boundaries of Reston.  This question has at its core the basic principle of “incremental substitution” that Thomas Sowell addressed in … (0 comments)

mclean: Why the First Offer is Statistically the Best Offer - 08/07/15 01:59 AM
It invariably happens, a property has been on the market for a short time and an offer comes in and the Seller is reluctant to take it because they think that if there is one Buyer out there that means that there may be more.  If they only knew!  Of course, I and other experienced professional Realtors® try and explain the phenomenon but until one actually experiences it, it often does not seem it is true. 
 
In any given market sector, at any given point of time there is a pool of Buyers ready willing and able to purchase, waiting for the … (3 comments)

mclean: Key Objectives of a Home Inspection - 07/30/15 02:48 AM
As a professional, full-time real estate agent I have found that there are 3 key objectives for a Purchaser to have a home inspection on a property under contract to buy.  The first is to have a clear understanding of the physical condition of the property so that the Purchaser knows what they are actually buying and make a “red light/green light” decision on whether to continue with the transaction.  The second is to educate the Purchaser on recommended maintenance/life expectancy for the systems and the structural components of the home.  And third is to create a list for the Seller … (10 comments)

mclean: Banner First Half 2015 for Real Estate in McLean and Great Falls - 07/22/15 07:39 AM
The first half 2015 in McLean and Great Falls is up over 16% over all in terms of number of sales in comparison to the previous time frame in 2014.  This is very good news for the market area as it indicates an environment for the potential for price appreciation, provided demand remains strong relative to supply  
 
The chart breaks out sales of homes for both zip codes into the lower brackets which is considered under $1.25 million and the upper brackets which is above $1.25 million.  Looking deeper into the statistics, it reveals that all price points other than the … (0 comments)

 
Karen Briscoe (Huckaby Briscoe Conroy Group - Keller Williams)

Karen Briscoe

McLean, VA

More about me…

Huckaby Briscoe Conroy Group - Keller Williams

Address: 6820 Elm Street, McLean, VA, 22101

Office: (703) 734-0192

Mobile: (703) 582-6818

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog