Residents of Tysons Corner VA enjoy unrivaled convenience. Here are a few homes recently listed for sale.
The sushi bar at Tyson's Corner is one of many interesting restaurants.
Old Town Alexandria has some of the most sought-after real estate on the planet. People that live here love the convenience, the history charm, the shops and restaurants and the access to the Potomac waterfront. But what can you get for around a million dollars in Old Town? Our agent Julie Nesbitt recently represented buyers at Cameron Mews and her buyers were delighted with a location that was at the heart of everything just paces from the Potomac River. In addition to Cameron Mews, some of the more popular spots are: Ford's Landing, Liberty Row, Torpedo Factory, Prince Street Club and others in the South East Quadrant of Old Town.
Community back porch -- Cameron Station gazebo
Fair Housing Law exceptions include threats to health and safety. The Fair Housing Act (FHA) does not require that a dwelling be made available to an otherwise protected individual whose occupancy of the dwelling would constitute a direct threat to the health or safety of others, or whose occupancy of the dwelling would result in substantial physical damage to the property of others.
Mount Vernon Virginia throws a distinct modern-classic
atmosphere. Spread out foilage drives a natural setting
to a historical land. George Washington's impact can be
traced throughout Northern Virginia. For example,
statues from the Revolutionary War exist in Old Town.
Mount Vernon burrows passages for a variety of
communities. New developments in the area fit seamlessly
with the previous completions. Mount Vernon has hosted
the setting for many military engagements.
Their are a variety of homes in the area with different styles.
For residents of Old Town Alexandria VA, parking is at a premium. The charm of Old Town's colonial streets is undeniable, but city planners in the colonial era never anticipated the SUV's and luxury vehicles that line the streets of Old Town Alexandria VA. Because parking is tight in Old Town one thing that choosy buyers seek out is garage parking. Below is a list of homes for sale in Old Town that have 1 or more parking space. In addition we've included the nearby Carlyle District, because the new homes of the Carlyle District often have garages and close proximity to Old Town.
Deciding on whether a single family home is much more suitable than a condominium or townhouse home requires much thought and consideration. But in the end it still comes down to what you want.
Here are a few facts to consider:
Single Family Homes
Close knit community with possible green spaces
No monthly homeowners/condo fees
Less strict community rules and regulations
Restrictions cannot be imposed by an association without your consent.
Less restriction and fees with parking
Condo and Townhomes
All expenses towards maintaining your home is covered by the condo fees such as common area repairs, roof repairs, other maintenance and repairs.
Controlled access for some
Amenities available for the community such as clubrooms, pools, gyms and more
Shuttle services are offered as well as public transit service
Purchasing a home is a process that cannot go smoothly unless you take it step by step. This is where having a real estate agent is important.
It is essential that you are prepared and already have a loan secured. Securing it early will assist you in making decisions with your home purchase.
With a secured loan, you can either broaden or lessen your prospective homes as you would need the price to be within your budget while your offer will be good one as you are ready to buy. Getting the finances in order will make the process quicker without hindrances.
Let a real estate agent assist you with your home purchase decisions.
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…
Fairfax has long been a Northern Virginia favorite for a number of reasons. Great schools, shopping, strong job market, and safe neighborhoods have kept steady residents. Fairfax is home to George Mason University and top producing public schools. The county has launched major projects to revive its historic district with great success and the economic vitality is strong as a result. There are a number of places to choose from if you’re in search of a new home.
I like that it is minutes away from George Mason University. Students will find this helpful when trying to save money and avoid hefty parking and commuting cost. Fairfax has had a long reputation for good schools and strong jobs. I like that it has a unique mix of old and new homes. You can tell that the city has evolved to accommodate its commuters by adding public transportation with buses and commuter stations to access the metro.
The city itself seems to have easy access to grocery stores, shopping centers, restaurants, and gas stations. I had an opportunity to ride around the area and I must admit that I felt safe. That is always a nice feature when selecting a neighborhood to live in. I saw plenty of families walking down the streets enjoying the beautiful weather. It’s the kind of city that has a lot to offer and a lot to love.
The uptrend in existing-home sales continues, with January sales rising for the third consecutive month with a pace that is now above levels a year ago, according to the NATIONAL ASSOCIATION OF REALTORS®.
Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 2.7 percent to a seasonally adjusted annual rate of 5.36 million in January from a downwardly revised 5.22 million in December, and are 5.3 percent above the 5.09 million level in January 2010. This is the first time in seven months that sales activity was higher than a year earlier.
Lawrence Yun, NAR chief economist, said the improvement is good but could be better. “The uptrend in home sales is consistent with improvements in the economy and jobs, which are helping boost consumer confidence,” Yun said. “The extremely favorable housing affordability conditions are a big factor, but buyers have been constrained by unnecessarily tight credit. As a result, there are abnormally high levels of all-cash purchases, along with rising investor activity.”
A parallel NAR practitioner survey shows first-time buyers purchased 29 percent of homes in January, down from 33 percent in December and 40 percent in January 2010 when an extended tax credit was in place.
Investors accounted for 23 percent of purchases in January, up from 20 percent in December and 17 percent in January 2010; the balance of sales were to repeat buyers. All-cash sales rose to 32 percent in January from 29 percent in December and 26 percent in January 2010.
“Increases in all-cash transactions, the investor market share and distressed home sales all go hand-in-hand. With tight credit standards, it’s not surprising to see so much activity where cash is king and investors are taking advantage of conditions to purchase undervalued homes,” Yun said.
All-cash purchases are at the highest level since NAR started measuring these purchases monthly in October 2008, when they accounted for 15 percent of the market. The average of all-cash deals was 20 percent in 2009, rising to 28 percent last year.
The national median existing-home price for all housing types was $158,800 in January, down 3.7 percent from January 2010. Distressed homes edged up to a 37 percent market share in January from 36 percent in December; it was 38 percent in January 2010.
NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I., said the median price is being dampened by unusual market factors. “Unprecedented levels of all-cash purchases, primarily of distressed homes sold at deep discounts, undoubtedly pulls the median price downward,” Phipps said. “Given the levels of inventory we see today, we believe that traditional homes in good condition have held their value.”
Total housing inventory at the end of January fell 5.1 percent to 3.38 million existing homes available for sale, which represents a 7.6-month supply at the current sales pace, down from an 8.2-month supply in December. The inventory supply is at the lowest level since December 2009 when there was a 7.3-month supply.
According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage rose to 4.76 percent in January from 4.71 percent in December; the rate was 5.03 percent in January 2010.
Single-family home sales rose 2.4 percent to a seasonally adjusted annual rate of 4.69 million in January from 4.58 million in December, and are 4.9 percent higher than the 4.47 million level in January 2010. The median existing single-family home price was $159,400 in January, down 2.7 percent from a year ago.
Existing condominium and co-op sales increased 4.7 percent to a seasonally adjusted annual rate of 670,000 in January from 640,000 in December, and are 7.9 percent above the 621,000-unit pace one year ago. The median existing condo price was $154,900 in January, which is 10.2 percent below January 2010.
Regional Sales
Northeast: Regionally, existing-home sales in the Northeast fell 4.6 percent to an annual pace of 830,000 in January from a spike in December and are 1.2 percent below January 2010. The median price in the Northeast was $236,500, which is 4.0 percent below a year ago.
Midwest :"Existing-home sales in the Midwest rose 1.8 percent in January to a level of 1.14 million and are 3.6 percent above a year ago. The median price in the Midwest was $126,300, which is 3.2 percent below January 2010.
South: In the South, existing-home sales increased 3.6 percent to an annual pace of 2.02 million in January and are 8.0 percent higher than January 2010. The median price in the South was $136,600, down 2.1 percent from a year ago.
West: Existing-home sales in the West rose 7.9 percent to an annual level of 1.37 million in January and are 7.0 percent above January 2010. The median price in the West was $193,200, down 5.7 percent from a year ago.
— NAR
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…
Northern Virginia is growing for a number of reasons. Many have settled here to get away from the city and found that it has a home town feel that is just right. The area has experienced a significant increase in residents that have families with children. As a result, many builders have found a way to cater to this desire and spend as much time selling a lifestyle as they do a property. When driving throughout the area it’s hard to miss all of the schools, shopping centers, grocery stores, and play grounds.
Towns such as Leesburg have managed to keep their sense of history while welcoming the expanding county line. They have had to make adjustments like every other town in the area to accommodate the amount of children that are constantly enrolling. In Loudoun County alone, they expand by adding at least one or two schools a year. The interesting thing is that despite the amount of children, families continue to have rave reviews about the class sizes and education that many across the United States would love to experience. Loudoun has ranked among the top tier school systems in the country.
To preserve the neighborhood feel, just about every subdivision has about a five to ten minute drive to the nearest shopping center that is filled with shops, restaurants, and gas stations. Many small businesses have been able to survive despite the economy due to this concept. Grocery stores have catered to the areas professionals by adding services like Express Lane and Peapod where they do your grocery shopping for you. On the weekends, parking lots across the region are filled with Farmer’s Markets.
It is possible to live in a great home town minutes away from the city. In 2005, it was impossible to purchase a house without twenty bids being on the property within the hour of it being listed. With the softening of the economy and housing market, this area has remained a top preference for those still looking to realize the American dream and raise a family. Northern Virginia is a great testament to this fact and precisely why it will only continue to grow.
I like that it is minutes away from George Mason University. Students will find this helpful when trying to save money and avoid hefty parking and commuting cost. Fairfax has had a long reputation for good schools and strong jobs. I like that it has a unique mix of old and new homes. You can tell that the city has evolved to accommodate its commuters by adding public transportation with buses and commuter stations to access the metro.
The city itself seems to have easy access to grocery stores, shopping centers, restaurants, and gas stations. I had an opportunity to ride around the area and I must admit that I felt safe. That is always a nice feature when selecting a neighborhood to live in. I saw plenty of families walking down the streets enjoying the beautiful weather. It’s the kind of city that has a lot to offer and a lot to love.
