Tower at Reagan National Airport
Ronald Reagan Washington National Airport, formerly Washington National Airport, is on the Potomac across the river from Washington DC. Along with Baltimore Washington International and Dulles International, Reagan National is one of three major airports serving the Washington Metro area. Reagan National is easily my favorite of the three airports for a number of reasons.
Dulles and BWI are massive sprawling airports with shuttle buses and mobile lounges. Reagan National barely has enough room for the runway. I always like smaller airports. They feel like they are scaled to human beings. There is plenty of security at National, but it seems to move along more smoothly than Dulles or BWI.
Dulles and BWI are outside the Beltway at the periphery of the Washington Capitol Area. Reagan National is at the heart of everything, wedged at the confluence of DC, Alexandria and Arlington. For me, it's a long drive just to get to BWI or Dulles, but Reagan National is here, and it's accessible by Metro. Reagan National is a
station on both the Yellow and Blue lines.
Main concourse of Reagan National Airport
Extended parking is available at Dulles or BWI, but on the shuttle bus, the ride from the parking lot to the terminal seems like a mile or more. At Reagan National, extended parking is at my house. Because instead of taking a shuttle, I can take the Metro to the airport.The runway is a short at Reagan National and it launches planes up over GW Parkway and at the Washington Monument, requiring a steep climb and a hard left on take off. Some folks find this terrifying, but I have to admit I love it. I know it's a safe path, because planes take-off here day and night, so I sit back and enjoy the abrupt take-off and turn.
Reagan National is open 24 hours a day 7 days a week, although many ticket counters and restaurants in the airport close during off-hours. Reagan National is located within the Commonwealth of Virginia, but it has a Washington DC address to identify the airport's location more easily for travelers.
The Perimeter Rule and the High Density Rule affect flights at Reagan National. Under the Perimeter Rule, nonstop aircraft flights are limited to a range of 1,250 miles or less. In 2000, Congress permitted the FAA to allow six round-trip flights to points outside the perimeter. The High Density Rule (or "Slot" rule) limits the number of landings or takeoffs allowed in an hour. The rule affects Reagan National because of the Airport's limited airfield capacity.
Reagan National is located in Arlington County near/in Crystal City. It is most easily accessed from the George Washington Parkway. There are a good many condos and homes in the Crystal City area and they're all just a metro stop away from Reagan National. The take-off and approach to Reagan National is down the Potomac, so that area residents get very little noise or fly-over from the jets at Reagan National.
Across the country, first-time home buyers have been putting in offers on homes, but many of them keep losing out.
First-time home buyers contact Nesbitt Realty!
One working mother says she’s put in 30 offers on homes in the $100,000 range in the Atlanta area, bidding $2,500 to $3,000 above the asking price, but each time she’s been outbid. “We have to be on top of the game and be able to drop everything and check out a house or it will be gone,” says another couple in Alexandria, Va.
Tight housing inventories are playing a role. For example, in Boston home listings are down 57 percent and in Atlanta area home listings have dropped nearly 40 percent in the past year.
Also, “investors have been pushing home prices higher faster than expected,” Diana Olick reports for NBC. “But the higher prices get, the more investors may get out, because they won’t be able to find such great bargains any more. That in turn will let regular buyers back in, even if they do have to pay a little more to own.”
Julie Nesbitt
Julie Nesbitt knows the back trails and by-ways of Northern Virginia real estate.
Established in 1974 with a mission to reduce homelessness, increase community support and promote self sufficiency, the Good Shepherd Housing and Family Services is operated by a multi-denominational board of directors and staff managing over 70 housing units. Good Shepherd Housing and Family Services is located in the Mount Zephyr Business Center at 8305 Richmond…
Fort Meyer Heights lies at the southern side of Rosslyn, along Fort Meyer and toward Arlington National Cemetery. Fort Meyer Heights is behind the Iwo Jima Memorial toward Clarendon.
But, Fort Myer Heights is just one of many communities close to military bases which Nesbitt Realty serves. For more information about homes near the base you serve, check out:
Established in 1974 with a mission to reduce homelessness, increase community support and promote self sufficiency, the Good Shepherd Housing and Family Services is operated by a multi-denominational board of directors and staff managing over 70 housing units. Good Shepherd Housing and Family Services is located in the Mount Zephyr Business Center at 8305 Richmond…
I am a student interested in the field of real estate. I understand that a real estate agent makes money on the sale of a property based upon a percentage of the final sale price. I was wondering how a real estate agent makes money on a lease of a rental property?
Thanks for the help, Jim
A landlord lists his property with a real estate agent for a number of reasons. The landlord benefits from the agent's experience and connections, but also because the agent has access to the MLS (or Multiple Listing Service) and other venues for promoting the rental property.
There are many ways that a rental listing can be charged, but most usually the landlord agrees to pay a portion of the first month's rent to the listing agent. The more the rent, the higher the commission paid. Landlords are generally happy to pay this because a listing agent saves them time and money (as compared to ads in the paper plus dealing with calls from unqualified renters).
If the renter has his own agent, the listing agent will pay a predetermined portion of the commission to the selling agent (as the renter's agent is called). Please let me know if this helps.
Rental Hunting
Rental Hunting may be a rather daunting task for potential renters. Often, the variety of options available to these renters is a source of overwhelming frustration for them. With so many appealing options, it may be difficult to choose only one. However, there are some tips which may help to ease the process of rental hunting. Finding the perfect rental may be broken down into three simple steps.
The first step is to set a budget.
Then, discuss matters with an agent in {Location_Name} who will research all available options.
Your agent will help you to comparison shop to determine which option is the best.
Did you know that a rental agent costs the renter nothing? Learn more about Rental Agents.
For more information or to set up an appointment call Stuart at (703)765-0300.
Northern Virginia has several independent cities and the City of Alexandria is one such independent city. The City of Alexandria borders Fairfax County, but the City of Alexandria is not in Fairfax County. Fairfax County is not in the City of Alexandria. However, there are large parts of Fairfax County that have an Alexandria postal address. The Alexandria area which is outside of the City of Alexandria can be roughly categorized into the following areas:
For real estate in Alexandria VA contact Nesbitt Realty
Lower Alexandria — so-called because the area south of Old Town Alexandria is downriver from Alexandria. (Lower Alexandria is sometimes called “South Alexandria”.) Lower Alexandria includes the Fairfax County Districts of Mount Vernon and Lee.
Franconia — Franconia is mostly in Lee District. Some residents of Franconia have a Franconia address but many homes in Franconia have an Alexandria address. Rose Hill is one of many communities in and around Franconia
Alexandria West — Not to be confused with West End Alexandria (which is in the City of Alexandria), Alexandria West includes many inside the Beltway but outside the City of Alexandria residences such as the homes of Bryn Mar.
Here's an interest local tidbit for newcomers. Fairfax County surrounds the City of Fairfax. Locals generally refer to the county as “Fairfax County” and the city as “Fairfax”, but Alexandria uses the opposite nomenclature. “Alexandria” generally refers to whole of the Alexandria area, while “City of Alexandria” refers to the jurisdiction of the City of Alexandria.
With home values falling over the past few years, some buyers are seeing a great opportunity to buy their retirement home now instead of waiting until they retire years later.
For example, in one of the largest retirement areas in the nation — Century Village in Boca Raton, Fla. — the average age of a new home buyer has dropped from the mid-70s to the low 60s in the last year. Charlie Rocque, 56, may not be ready for retirement but he already bought his retirement apartment there for $20,000 (though it was valued at around $75,000).
"People are looking at this in terms of their long term future," Ben Schachter with Century Village Real Estate Inc. told CNBC. "They recognize that with the time value of money they are better off investing now, taking advantage of 20, 40, $60,000 price points, because if they look back just a half a decade ago, prices were 3-4 times what they are now. They're looking at the market as it increases, as the economy is strengthening, and they want to buy now while it's the best opportunity to do so."
Younger investors also may even rent out the property until they need it years later for their own retirement.
Source: “Younger Buyers Jumping Into Retirement Real Estate,” CNBC (March 25, 2013)
Julie Nesbitt
Julie Nesbitt knows the back trails and by-ways of Northern Virginia real estate.
Established in 1974 with a mission to reduce homelessness, increase community support and promote self sufficiency, the Good Shepherd Housing and Family Services is operated by a multi-denominational board of directors and staff managing over 70 housing units. Good Shepherd Housing and Family Services is located in the Mount Zephyr Business Center at 8305 Richmond…
I couldn't help but wonder . . . what about when she is Nigerian and he is Norwegian?
The median home size most highly desired among home shoppers is 2,226 square feet, according to the National Association of Home Builders’ “What Home Buyers Really Want” survey.
But looked at more closely, the size of home most desired can vary greatly depending on the buyers’ age, race, and ethnicity, the study found.
As buyers’ ages increase, they tend to want less space, the study finds. Buyers younger than 35 said they most desire a home size of 2,494 square feet. For buyers 65 and older, they want a home that is 2,065 square feet.
The size of home preferred also showed big differences among races and ethnicities. For example, minority buyers tended to desire more space than white, non-Hispanic buyers, the study found.
White, non-Hispanic buyers said they wanted, on average, 2,197 square feet; Asian buyers wanted 2,280 square feet; Hispanic buyers say they prefer 2,347 square feet; and African American buyers say they prefer 2,664 square feet, according to the study.
Source: National Association of Home Builders
Reviving A Stale Listing In 22314 In Alexandria In 22314
Do you have a abode similar to 124 Roberts Ln #201 in Alexandria that hasn't sold? Did you know that in Fort Ellsworth:
Reviving A Stale Listing In Alexandria, Virginia In Alexandria
Do you have a property similar to 301 N Beauregard St #114 in the City of Alexandria that isn't getting any action? Did you know that in The Fountains:
Some would-be move-up home sellers are eying home prices carefully. They’re waiting to see how much home prices appreciate more before they consider selling their home. But they may be missing their perfect opportunity, some housing experts say.
The best time to move may depend on when the home owner purchased their current residence, says Daren Blomquist, vice president of RealtyTrac. Blomquist says that home owners who purchased their home during the sluggish market the last two to three years may find moving up in 2013 may be their prime opportunity.
"Because they bought near the bottom, these home owners should have built up some good equity that can go toward the purchase of a new home, and waiting longer to build more equity likely won’t provide much advantage given that other homes that they might want to move up to will also be appreciating at roughly the same pace," Blomquist told HousingWire.
Home owners who wait much longer to sell their home may miss out.
"If you're selling one house just to move up to another, it does you no good to wait for prices to rise — the price of the move-up home will increase faster than the price of the place you're leaving behind," says Redfin CEO Glenn Kelman.
Plus, mortgage rates are expected to come off the 3.5 percent range and reach 4.4 percent in the next year, according to the Mortgage Bankers Association. That will increase the costs of financing your next home.
Source: “The Time to Sell Is a Waiting Game for Some,” HousingWire (March 21, 2013)
5 Sure Signs That Its Time To Sell Your Home
When should I sell my home? This is not always the easiest question to answer. A lot of people don't plan on living in their first, second, or even third home forever, but still knowing when to let go and move on can be tricky. It can feel like ending a long term relationship, it's…
6 Budget Tips For Staging A House To Sell In Arlington
If you are trying to land a great deal for your property in Arlington, then you can't afford to overlook home staging. You'll want to hold a terrific open house- one that leaves the attendees entranced. And the good thing is, you can do that without having to break the bank.
Staging Hints For Sellers With A Place At Stratford On The Potomac In 22308
Are you planning to list your residence? A home that isn’t staged may sell if properly prices. On the other hand, a staged place of residence will sell faster and for more money. What steps can you take now to sell your split foyers-style house in a Split Foyer-style community?
Recently a person pretending to be a rental applicant tried to run a scam on a property we manage. They hoped to scam the landlord and Nesbitt Realty. With increasing reports of real estate scams worldwide, here are some ways you too can avoid being caught up in fraud.
Make sure all parties are who they say they are. Have an out-of-state party provide a photocopy of their driver’s license or passport that has been notarized. If someone alleges to represent an embassy or a large corporation, afford them no less due diligence that you would any other renter or buyer.
Will Nesbitt is the principal broker of Nesbitt Realty.
Verify signatures. Compare the signature on the real estate contract to other signatures on their driver’s license, passport, the original sales contract, etc.
Double-check the documentation. Make sure none of the documents have been altered. Inspect originals whenever possible. Get certified copies from a title company.
You select the professionals. Require the out-of-town party to use a real estate professional, attorney, or title company of your choosing.
Require a face-to-face meeting. The safest way to ensure that they are who they say they are is to require that they show up at closing.
Rely on the professionals. If it all possible, don't do it yourself. Let a brokerage like Nesbitt Realty handle all the details.
Property management is a business in and of itself. If you are seriously interested in investing in real estate, but you don’t want to be a property manager, the solution is really quite simple: employ the services of Nesbitt Realty.
Our family-run business is experienced in the managing of day-to-day operations of properties just like yours. We manage residential properties including homes, condos, and townhouses.
[Learn more now.]
Nesbitt Realty is a family-run small business that appreciates the opportunity to serve your Northern Virginia real estate needs.
For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.
Here's some of our simplest and easiest staging tips:
Store toasters in the cabinet because it is almost impossible to keep them looking clean.
Take all the magnets off the refrigerator.
Stow knick-knacks, personal items and photographs
In a pricey home, get rid of any furniture that looks cheap. It interferes with the buyer’s ability to imagine themselves living there.
We get results fast and we'd love to help you. Nesbitt Realty is licensed in Virginia and we serve buyers, sellers, renters and landlords in Alexandria, Arlington, Fairfax, Falls Church and parts of Prince William County.
For more information or to set up an appointment call Julie at (703)765-0300.
