A significant number of the homes in Northern Virginia were built in the 1950's, 1960's, and 1970's. Yes, a lot has been built since then, but the building booms in those times constructed significantly smaller homes and much faster.The total number of homes built in the 1970's alone outpaces the most recent boom time. Best of all, they were Continue Reading
Vienna, Virginia | My Buyer’s Agent Advice of the Week
I had a home buyer Tweet me and ask if I had any words of wisdom to pass along. The funny thing is that I love giving advice, but 140 characters weren’t going to cut it because what I do really can’t be distilled down to a sound bite. It also raised an issue that many socialists folks have written dissertations on… the desire for a silver bullet or Continue Reading
It’s time to re-connect… my resolution for 2010
Happy New Year! Like most of you, I recently sat down to review the last year and look ahead to 2010. And like any business person, I took a long hard look at my real estate business, the Northern Virginia real estate market as a whole, my relationships with clients, and where I saw the business in the new year. One of my primary thoughts was Continue Reading
McLean, VA | My Buyer Agent Snapshot of Mortgage Rates
As 2009 draws to a close, I have seen mortgage rates stay historically low and some McLean mortgage insiders forecast that they will stay low for the near term. The terrible economy has a lot to do with it... job insecurity, weak demand, and an unwillingness to enter into a 30 year relationship when rumors are easy to believe. The truth is that Continue Reading
McLean, VA | My Buyer Agent pick of the week… get advice!
As I was doing research today previewing some homes for a McLean, Virginia pick of the week, I looked at a remodeled home that reminded of my house in Vienna. I pulled up in front a home on Panarama Court to “preview” the home listed by Paton Real Estate, and noticed a SUV idling in front. It is a vacant home so I locked the door behind me as I Continue Reading
McLean VA Home Sales Stats | Hyper Local October 2009
Yes, I get tons of free data too but here we go, hyper-local real estate sales numbers: Home Sales Numbers for 22101 in October 2009: Total Units Sold in October 2009, 25 vs. 28 in 2008 (down 10.71%) Average Sold Price in October 2009, $1,243,281 vs. $1,072,180 in 2008 (up 15.96%) In the $700,000 to $799,999 range, 4 sold with 10 active Continue Reading
Buying a home in Vienna over a million?
Over the weekend, many local builders participated in the annual Vienna Parade of Homes tour. This joint marketing venture allows many small, custom builders to showcase their work and I looked at three custom homes built by Staats Developers of Vienna, Virginia. I was impressed, but understand that these are custom homes, not just “new” Continue Reading
McLean Home Sales Stats, Hyper Local Sept ’09
Yes, I get tons of free data too but here we go, hyper-local real estate sales numbers: they aren't pretty! Numbers for 22101: Total Units Sold in September 2009, 40 vs. 18 in 2008 (up 122.22%) Average Sold Price in September 2009, $866,373 vs. $924,386 in 2008 (down 6.28%) In the $700,000 to $799,999 range, 4 sold with 16 active Continue Reading