Vienna Market - 2024 I always hear questions about pricing and market activity in Vienna, and I like to talk about what is happening today. Specifically: active inventory, days on market, buyer activity, number of offers, and other important factors that monthly "stats" don't always make obvious. And, with today's shifting market with Continue Reading
Want to know about Flight Paths?
I updated this article to include a new 2024 Dulles Disclosure One of the benefits of living in Northern Virginia is that you can get a flight almost anywhere in the world at one of the local airports. Each of these "local airports" qualifies to be in the top tier of U.S. airports for passenger traffic and daily flights. When a real estate Continue Reading
A required termite inspection in your sales contract?
This is a previous article that I have Updated for 2024 Yes, a termite inspection clause is part of the standard Northern Virginia real estate sales contract. Last week, I received a question via email from an upset seller who had just been told that he was being required to have his home treated for live termites. He wanted to know if this Continue Reading
The Wire Fraud Warning
I sat in on a presentation by an FBI Special Agent who discussed many types of financial fraud which are being used across the internet. Victims are everywhere including real estate buyers and investors, to lonely widows in romance scams who unwittingly launder large sums of money for fraudsters. But let's just focus on Real Estate The Continue Reading
Real Estate Offers | What’s In and What’s Out
Changes in Latitudes Attitudes This story may sound slightly made up, but the 2022 real estate market across Northern Virginia was full of fast-paced drama which is still kind of hard to picture. The brakes weren't just tapped... they were slammed! Or to create a picture for you, we went from a wild Category 5 hurricane to a windy Tropical Continue Reading
Relocating to Vienna for a new job
On the road again, just can't wait to get on the road again... -Willie Nelson Such a classic road tune as you head down the Interstate. With Northern Virginia creating so many jobs, more people than ever are on the Interstate relocating here for work, and a new home where they know few people and little about the area (other than it's close Continue Reading
Town of Vienna VA Property Tax
Budget, budget budget. Every year, the Town of Vienna, VA, and Fairfax County approve budgets for the year. The amount charged for property tax (real estate) typically will change because the tax rate can fluctuate as can the Assessment. Property Assessments are calculated each year by the Fairfax County Department of Tax Administration using Continue Reading
My Advice…
Although you may not drive an electric vehicle now, know there is a high probability you will ten years from now. Volkswagen announced recently that more than half their sales will be EV's by 2030.Volvo has planned to be fully electric by 2030.GM plans to be offering only EV's by 2035. So the EV isn't a trend, especially when companies have Continue Reading
A Search for Simplicity and Market Pressure
Any home buyer's search for simplicity in the current Vienna real estate market will feel the immense pressure to make a super competitive offer on literally anything that pops up which checks most of the boxes. It's all around, even for sellers moving to a new market, the national inventory is slim and under crushing pressure. Take a look at Continue Reading
Earnest Money Today
Really, it's more than just cash. Your earnest money or deposit needs to be deposited within the specific timeframe outlined in your home sales contract. That contract will give you the framework and required deadline, but know you need to follow certain specific steps. As a quick refresher... when you put in an offer to buy a home, your Continue Reading
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