The feeling of space is the first thing that hits you when you visit Mount Vernon Grove. The large homes in this area have lots of green space, which makes for wonderful gardens and plenty of room for the kids. The houses were built in the 1970's, in a classic colonial style, but over the years have been upgraded. Many include features such as garages, attractive flooring and some appliances.
Mount Vernon Grove is situated a short distance from the Old Mount Vernon road, nestled in a beautiful part of Fairfax County.
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…
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.
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…
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.
King Street Metro Station
“Location, location, location near public transportation” may be the new real-estate mantra according to a new study released today by the American Public Transportation Association and the National Association of REALTORS®. Data in the study reveals that during the last recession, residential property values performed 42 percent better on average if they were located near public transportation with high-frequency service.
“When homes are located near public transportation, it is the equivalent of creating housing as desirable as beachfront property,” APTA President and CEO Michael Melaniphy said. “This study shows that consumers are choosing neighborhoods with high-frequency public transportation because it provides access to up to five times as many jobs per square mile as compared to other areas in a given region. Other attractive amenities in these neighborhoods include lower transportation costs, walkable areas, and robust transportation choices.”
“Higher home values reflect greater market demand for areas near public transportation,” said NAR Chief Economist Lawrence Yun. “Transportation plays an important role in real estate and housing decisions, and the data suggests that residential real-estate near public transit will remain attractive to buyers going forward. A sound transportation system not only benefits individual property owners, but also creates the foundation for a community’s long-term economic wellbeing.”
The study, The New Real-Estate Mantra: Location near Public Transportation, investigates how well residential properties located in a half-mile proximity to high-frequency public transportation or in the “public transit shed” have performed in holding their value during the recession compared to other properties in a given region.
While residential property values declined substantially between 2006 to 2011, properties close to public transit showed significantly stronger resiliency. In Boston, residential property in the rapid-transit area outperformed other properties in the region by 129 percent. In the Chicago public transit-area, home values performed 30 percent higher than other homes the region; in San Francisco, 37 percent higher; Minneapolis-St Paul, 48 percent; and in Phoenix, 37 percent.
“Stable property values in areas with public transit access have a number of policy implications,” Melaniphy said. “As Congress and state and local governments look for ways to accelerate economic growth, this study shows that investing in public transportation is a boon to revitalizing our economy.”
“When consumers choose a home, they also choose a lifestyle. Shorter commutes and more walkable neighborhoods matter to a growing number of people, especially those living in congested metro areas,” Yun said.
Source: NAR
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…
Home prices are rising, the number of homes for-sale is showing a slight increase, and homes are selling faster—all signs that spring is in the air in real estate, according to the latest MLS data released by Realtor.com®.
Nationwide, median list prices continue to tick up, reaching $189,900 in February. Inventories last month increased 1.15 percent month-over-month, after recently hitting record lows. Also, homes are selling faster with the median age of inventory at 98 days, a 9.26 percent drop from the previous month.
“As we enter the busiest time of the year for home buyers and sellers, our latest housing trend data shows just how competitive the market is with a significant housing recovery well underway,” says Steve Berkowitz, chief executive officer of Move Inc. “Looking ahead, we can expect the amount of inventory to increase this spring along with higher list prices as sellers become more comfortable with the market conditions.”
Median list prices were up 5 percent or more in 51 markets on a year-over-year basis, according to realtor.com®. California markets are seeing some of the highest increases in list prices as well as some of the largest declines in for-sale inventory. Other top performing markets include Phoenix, Seattle, and Denver, according to realtor.com®.
“However, many smaller industrialized markets in the Midwest and the Northeast registered year-over-year price declines, as did Philadelphia, Chicago, and New York City,” Lexie Puckett reports in a recent realtor.com® blog post. “While the number of markets experiencing year-over-year list price declines had been increasing, this pattern appears to be turning around as home list prices increased in 78 markets last month on a year-over-year basis and declined in 39.”
Source: “Spring Home Buying Season Starts Early According to Realtor.com’s February Trend Data,” RISMedia (March 18, 2013)
The U.S. Department of Housing and Urban Development announced this week that it plans to shut down for seven days sometime between May and September due to the forced government budget cuts to reduce spending known as sequestration.
During that seven-day shutdown, HUD says it will furlough more than 9,000 of its employees. It will spread out the shutdown days to limit the impact. It has not yet determined when those days will be.
HUD Secretary Shaun Donovan told a Senate panel last month that government spending cuts would have harsh consequences for housing programs. “The ripple effects are enormous because of how central housing is to our economy,” Donovan told the Senate panel.
Source: “Housing Department plans 7-day shut down due to sequester cuts,” Reuters (March 11, 2013)
Home Prices In Arlington Continue To Hike
The housing market in Arlington County is getting more and more expensive as potential buyers continue to have fewer homes and condos to choose from.
Inlet Cove is alongside Route 1 This neighborhood of townhouses is near grocers and eateries Inlet Cove is close to Fort Belvoir, Alexandria, and Potomac Mills shops, in the city of Woodbridge Interior to these properties are multilevel Inlet Cove is serene
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1…
Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Buyers with cash have the best opportunities. Buyers who need a mortgage should move…
The National Association of Realtors recently did a study about the characteristics of home buyers. Some of the findings might surprise you. Thirteen percent of buyers purchased a home with one or more parents and grandparents together with adult children. There were several reasons given for purchasing a multi-generational home. Cost savings; Children over the…
3 of Top 10 Wealthiest Counties Are In Northern VA
The nation’s wealthiest counties are all suburban retreats outside of large cities, according to an analysis by Forbes magazine.
The data comes from the U.S. Census Bureau, which examines the average incomes in 1,889 counties.
Of the top 25, 19 of these counties are on the East Coast – just outside of New York City, Washington, D.C., and Baltimore. Williamson County, outside of Nashville, Tenn., and Forsyth County, outside of Atlanta, are the only Southern counties on the top-25 wealthiest list. California has only two of the wealthiest counties, Marin and Santa Clara.
Here are the top-10 wealthiest counties on the list:
Loudoun County, Va.
Fairfax County, Va.
Howard County, Md.
Hunterdon County, N.J.
Somerset County, N.J.
Fairfax (city), Va.
Morris County, N.J.
Douglas County, Colo.
Arlington County, Va.
Montgomery County, Md.
Source: Forbes, Francesca Levy (03/04/2010)
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…
