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.
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.
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.
I 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.
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.
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.
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.
Riders originating from the Wiehle-Reston East and ending at the Pentagon station will have an estimated 44 minute ride and pay $5.90 during peak times or $3.60 during off-peak times. If you want to plan for your first trip, go to the following link and enter your starting point and destination for cost and an estimated travel time. http://silverlinemetro.com/sv-service/
I am sure you have already heard that parking is limited at the stations that provide it and nonexistent at those that don’t, unless you count private parking options. Wiehle-Reston East offers 2047 unreserved parking space and McLean has 9 motorcycle spaces and access to a privately run lot with 700 spaces (for which I couldn’t find a price). The rest offer no parking. I was able to find the following link that quotes the daily parking rate for Wiehle-Reston East at $4.75 per day. http://220.127.116.11/connector/routes/silverline/wiehlerestoneaststation.htm
If you are interested in using the Silver Line to reach Dulles Airport, the good news is you can, the bad news is you will need to board a bus from Wiehle-Reston East to the airport. The plan is that Phase II will be completed by 2018 which will provide riders with a direct connection to Dulles.
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.
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.
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.
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.
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.