New Listing in Franklin Farms!

This listing just went up yesterday. It is ideal for people looking in Oak hill, Franklin Farms, or Chantilly. 3 Bedrooms 2 Full / 2 half bathrooms.

In walking distance to Franklin Farms Shopping Center. Includes access to pool, tennis courts and new playground facilities.  If you want to see it give us a call today at (703) 980-4045!

Spike & Julie Williams, Realtors®

Williams Realty
12305 Delevan Drive, Herndon, VA 20171
Office: (703) 980-4045

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Your Luxury Retreat Awaits You

Video of Eagles’ Retreat

We don’t usually feature properties listed by other Realtors, but this is a unique circumstance. Fellow conservative activist and commentator Terry Beatley, who is regularly featured on the Fairfax Free Citizen, is ready to part with her treasured home on the Northern Neck of Virginia. As one of the most unique properties in the Neck, Eagles’ Retreat is a dramatic blend of water, wilderness, and relaxation in a fully modern and beautifully appointed home. Eagles’ Retreat offers a shooting range, water access to a private lake and to the Corrotoman River, and nearly 59 acres of unspoiled wilderness. For $2.25mm you could own this enchanting getaway, a mere 2.5 hours drive from the DC area.

If this property interests you contact them through the properties website: http://eaglesretreat.net/

Featured in cooperation with Virginia Waterfront Properties, Inc.

Please let us know if you need our help with anything real estate related.

Housing Inventory Snapshot – October 2016

This month the 30 Days Trend column for the Average Days on Market shows a stagnation in a timeframe that is historically active for Loudoun, Fairfax, and Arlington Counties. Probably more interesting is the large number of properties on the market in Fairfax County across all price categories. This supports our anecdotal perception that through October there has been a lot of inventory and the buyers are being very choosey. It does appear that the end of the political season has resolved questions that were keeping buyers on the fence. In the last week listings of ours that were getting virtually no traffic in Great Falls, Fredericksburg, North Reston, Herndon, and Vienna have had a dramatic increase in showing activity, two of the six are now under contract and offers submitted or pending on two more.

Please let us know if you need our help with anything real estate related.

2016-1114-housing-inventory-snapshot Continue reading

Meals Tax Could Drop Your Property Value

meals-tax-sticker
Vote No on Meals Tax on November 8th

On your ballot Nov. 8th you will find a referendum vote on whether or not to add a 4% Meals Tax to the existing Sales Tax of 6%. Let’s examine how this can impact your life as a property owner or prospective buyer in Fairfax County.

It is commonly accepted that real estate values are fluid and tied to changes in the market. Of course there are still those who believe that their property has inherent value based on an array of anecdotal indicators such how much they paid for it, how much they have put into it, or even how much they love it. The truth is that the only indicators that will really determine the value of your home in a competitive sales market are Location, Condition, and a Comparable Market Analysis. The reason I point that fact out is to establish a baseline for my argument that a Meals Tax increase to a net 10% could effect property values and hence your return on investment.

USAA’s Movers Advantage Program gives their Members No Advantage

 

Blindly follow your loyalty at your own expense
Blindly follow your loyalty at your own expense

The internet is littered with personal accounts from buyers, sellers, and Realtors who have been burned by USAA’s MoversAdvantage Program, where brokers who participate pay a fee to “Cartus” (a 3rd party vendor). Continue reading

Borrowers Brace for Rate Hike Fallout

On Dec. 17th the Federal Reserve, and it’s chairwoman, Janet L. Yellen, decided to raise short-term interest rates for the first time since the financial crisis in early 2007. The Fed has stated that they intend to slowly and incrementally continue to raise the rate as long as the economy continues to grow. The 0.25% increase has left many wondering what changes they can expect to the mortgage interest rate market in the near term.

If you are curious about what some of the experts are saying I recommend that you start with this article on “First Tuesday Journal”
You may also be interested to see how the rates have fluctuated by monthly average since 1971 in this post from “Freddie Mac”