Housing Inventory Snapshot – April 2016

We hope you will find the following snapshot of April’s inventory statistics for the various regions and property types/values in our Northern Virginia Real Estate market informative.

This snapshot features new data points that we introduced last year. They show the trend of changes across several categories from 30 days prior. This can be a good way to lend some perspective to the numbers, bearing in mind that the natural life-cycle of the seasonal markets influence statistics heavily causing some months to be inherently more active than others as we have discussed previously.

2016-0511-housing-inventory-snapshot

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HOUSING INVENTORY SNAPSHOT – AUGUST 2015

We hope you will find the following snapshot of August’s inventory statistics for the various regions and property types/values in our Northern Virginia Real Estate market informative.

This snapshot features new data points that we introduced a few of months ago. They show the trend of changes across several categories from 30 days prior. This can be a good way to lend some perspective to the numbers, bearing in mind that the natural life-cycle of the seasonal markets influence statistics heavily causing some months to be inherently more active than others as we discussed last month.

Again this month the 30 Days Trend column for the Average DOM (Days On Market) active/sold is a good illustration of how August will usually behave, with the number of days on marketing growing and average prices dropping,

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

2015-0908 Housing Inventory Snapshot
Housing Inventory Snapshot, August 2015

Housing Inventory Snapshot – August 2014

We hope you will find the following snapshot of August’s inventory statistics for our local Real Estate market informative. Please let us know if you need our help with anything real estate related.

I am optimistic that we will have a strong Fall market based on the Days On Market through August. You will notice that, for the most part, the more affordable homes aren’t languishing on the market and in many cases the DOM for active listings is below that of the sold listings. I take that to mean the number of days homes are staying on the market is trending down, indicating that the supply of appealing homes is sufficient to meet the demand.

Housing Inventory Snapshot for August 2014
Housing Inventory Snapshot for August 2014

Support Our Troops with Confidence

Support Our Troops BannerI was speaking with my father during his visit this past fall and mentioned that I was considering donating my horse to the PATH Intl. Horses for Heroes Therapeutic Riding Program which prompted a discussion about how much of the donated proceeds raised by the several Wounded Warrior type organizations actually go towards helping veterans and their families versus paying for administrative costs.  I am from a strong military family and my father serves as the Chairman of the Air Commando Association (ACA) Board of Directors, and is writing a book that is due to be published soon. It’s particularly exciting for our family because he has promised to donate the proceeds to the Air Commando Association Foundation.  Thus began a lengthy discussion and comparison between the three organizations that our family has donated to – Wounded Warrior Project (WWP), Special Operations Warrior Foundation (SOWF ) and the Air Commando Association Foundation Endowment (ACAF ).

Charity Navigator is an independent charity evaluator providing free ratings and evaluations of nonprofit corporations, http://www.charitynavigator.org/. Below are their assessments of the three foundations mentioned above.

http://www.woundedwarriorproject.org/
http://www.woundedwarriorproject.org/

WWP was founded in 2005 in Roanoke, Virginia and spends 57.9% of the charity’s budget on the programs and services it delivers and 41.9% on fundraising and administrative expenses. They employ officers, directors, trustees, and their highest compensated employees at a cost of $2.197 million.

http://www.specialops.org/
http://www.specialops.org/

SOWF was founded in 1980 and spends 84.4% of the charity’s budget on the programs and services it delivers and 15.5% on fundraising and administrative expenses. They employ 14 full time staff members at a cost of $1.162 million.

http://www.aircommando.org/?q=Foundation
http://www.aircommando.org/?q=Foundation

ACAF Endowment is a much smaller organization, but is quickly growing and helps Air Force Wounded Warriors and their families.  100% of the foundation funds go to helping veterans and their families. The fundraising and administrative costs are funded by the parent association “ACA”.  Their board of directors is exclusively pro-bono.  Another major difference in this foundation is that their agility allows them to react to circumstances at a moment’s notice.

Giving to any of these organizations is a fantastic demonstration of your support for our many men and women in uniform, as well as their families, who have sacrificed so much to secure our freedom and way of life. My only advice would be, do a little research and know how your contribution is being used. When you are comfortable with an organization, knowing about the services they provide and structure of their foundation, then you’ll sleep well assured that your charitable contribution is helping those who have given so much for us.

30 Things Every Homeowner Should Know

30 Things Every Homeowner Should Know

 

Bob and Norm knew how to get it done.

 

I don’t know about you but I grew up watching Bob Vila on “This Old House”. Bob has put together a really good list of helpful tips for homeowners, some more than others. I recommend you take a few minutes to read his suggestions, numbers 12 and 23 should probably be together in the list but I plan on trying them none the less.

Click on the link above to check it out.

What will become of Margaret’s Garden?

Margaret's House
Margaret’s House

 

A Vienna based developer, Sekas Homes, has purchased The Iris Lady’s 5.26 acre property for $2,375,000 in the name of Iris Hills LC. The property was sold by the estate of Margaret Thomas, known to many in our community as The Iris Lady for her remarkable garden. Margaret lived to be 89 and died on May 25th 2011, in the very same week that many of her irises achieved their annual full bloom.

12410 Lawyers Rd Arial Shot

Sekas Homes filed an application in December of 2013 requesting that they be granted a rezoning from R1 to R2 to allow them to build nine homes on the 5.26 acre parcel, a dwelling unit per acre ratio of 1.71. The county staff has recommended that the application be granted. The proposed community would be named “Iris Hills” and reside on a newly created roadway “Margaret Thomas Lane” which would be the only access to Lawyers Road. The three existing access points would no longer exist, and there are no plans to add a break in the median.

Iris Hills Plan
Iris Hills Plan

This first public meeting is planned for June 12th at 8:15pm in the Board Auditorium at the Fairfax County Government Center during the Planning Commission meeting. Unlisted speakers or walk-up testimony is allowed only after all listed speakers have testified and requires the recognition of the Chairman.

For more details on testifying please visit the Planning Commission website at: http://www.fairfaxcounty.gov/planning/procedure.htm

Application RZ 2013-HM-016 can be found at: http://ldsnet.fairfaxcounty.gov/ldsnet/ZAPSMain.aspx?cde=RZ&seq=4182911

We have owned & operated Williams Realty here in Fairfax County since 2004 and selling real estate in NoVA since 1987. The reason we started our own brokerage was so that we would have the flexibility to put money back into the pockets of our clients and in doing so enhance their buying experience.

When you think of Northern Virginia Real Estate experts, think of Williams Realty.

Williams Realty can be reached at 703-980-4045 or SpikeandJulie@williamsrealty.us  or http://www.WilliamsRealty.us we look forward to helping you assess your options and plan for your future.

TJ Earns High Marks

US News AwardThomas Jefferson High School for Science and Technology came in fourth in the Nation in a comparison done by US News involving 19,400 public schools garnering it a Gold Medal. Fairfax County Public Schools’ ultimate magnet school uses a STEM-focused curriculum that starts with the Integrated Biology, English and Technology program and culminates with a technical lab project for seniors. The school boasts more than 10 specialized research labs, ranging from astrophysics to oceanography. Extracurricular activities at Thomas Jefferson High School for Science and Technology include a vast array of fun and educational clubs  such as the Nanotechnology Club as well as cultural groups such as the World Culture Club and a variety of athletic teams.

TJHS Entrance

US News’ Best High School Rankings can be seen here: http://www.usnews.com/education/best-high-schools/national-rankings

We are proud that TJ has won the attention of the nation but even more so of the many young people in our community that have worked so hard to excel in their various areas of expertise that first earned them the privilege of attending TJHSST and now national recognition. We have owned & operated Williams Realty here in Fairfax County since 2004 and selling real estate since 1987. The reason we started our own brokerage was so that we would have the flexibility to put money back into the pockets of our clients and in doing so enhance their buying experience.

When you think of Northern Virginia Real Estate experts, think of Williams Realty.

Williams Realty can be reached at 703-980-4045 or SpikeandJulie@williamsrealty.us  or http://www.WilliamsRealty.us we look forward to helping you assess your options and plan for your future.