Archive for month: December, 2012

Enjoy This Holiday Season on ICE!

21 Dec
December 21, 2012 One of the typical complaints about this city is that it tends to empty out during the holidays. Usually this could be a cause for disappointment. In winter,  however, it means that in the week between Christmas and New Year’s, there is an excellent chance to attend events and visit places that are typically laden with visitors in the preceding weeks. One such activity typically full of people that would be much more pleasurable in sparse crowds is Gaylord National Harbor’s biggest event of the year. ICE! at the National Harbor is a winter delight, a "snow"-covered carnival that will leave children enthralled and parents amazed. It is also the perfect way to spend one of the days between Read more [...]

Stafford County, VA Market Report – 12/17/12

17 Dec
December 17, 2012 Ho, ho, ho!  What a wonderful time of the year!  Apparently Santa and the elves are delivering some early Christmas presents this year because lots of happy Buyers and Sellers are receiving their Christmas wishes.  One would think that the holiday season might mean that the market would slow down but that is not the case this year!  In November, Stafford County saw increases in sold dollar volume, average sold price, median sold price, units sold by a whopping 27.78% and a decrease in average days on the market.  Please see below for more statistics: Active listings decreased a little bit year over year last month and we are still at a five year low for inventory.  If you have any equity Read more [...]

Winter Brings Two New Washington Ice Rinks

13 Dec
December 13, 2012 With cold weather having descended upon D.C. for good, a bevy of winter attractions are now available for locals and tourists to enjoy. While many of the options are familiar to residents, two new venues have both opened up this year, both within the city limits, that allow you to partake in one of everyone’s favorite outdoor, cold-weather activity. Outdoor ice skating can be everyone's favorite way to spend a winter weekday evening or chilly weekend afternoon. There's nothing like sashaying about on a sheet of frozen water while the cold wind whips at your face. Inside Washington, D.C., there used to be only one location to go to, a small oval in the middle of the Sculpture Gardens But Read more [...]

Alexandria, VA Market Report –12/10/12

10 Dec
December 10, 2012 Home sales and prices in the city of Alexandria are doing what they normally do this time of year.  Housing inventory is shrinking because of the holidays. Too bad more sellers aren't taking advantage of the law of supply and demand.  Buyers are out there looking for homes, but the pickings are slim at the moment.  It appears homes coming on the market are sold within days for top dollar and those sellers taking advantage of this market have something to celebrate right now.  Of the 145 units sold in October, 59 were sold and under contract within 10 days.  An additional 22 units sold within 20 days! October 2012 October 2011 September 2012 Total Revenue $68,645,542.00 $59,725,362.00 $75,980,426.00 Average Read more [...]

Bristow, VA Market Report –12/7/12

07 Dec
December 7, 2012 The real estate market in Eastern Prince William County continues to lean towards a "Seller's Market." Compare Bristow home sales in October 2011 to home sales in October 2012: The number of available homes for buyers to purchase (active listings) is down 39.56% New listings on the market is down 13.04% Homes under contract is up 17.65% The average sold price for single family homes is up 6.84 % The average sold price for town homes is up 12.45 % Now does this mean your home is worth more this year than last year?  Yes, if your home is in good condition inside and out, especially kitchen and bathrooms.  The chart below refers to “averages,” if your home is in better shape with loads Read more [...]

Enjoy Serendipity's Frozen Treats During This Winter Warm Spell

06 Dec
December 6, 2012 Serendipity is the occurrence of a happy accident, having something happen you weren’t expecting, and having it work out with marvelous and wonderful results. While living in Washington, D.C. or during a visit, you might have found yourself wandering the streets of Georgetown, looking for something to eat. If you look up when crossing the neighborhood’s busiest intersection—Wisconsin and M Street—you’ll find yourself looking at a sign that bears that exact word. And wouldn’t you know it, it is a place you can grab a bite. Serendipity 3, located on the Southeast corner of the intersection, harkens back to an older time in America: the 1950s to be precise, with art deco décor and Read more [...]

Ashburn, VA Market Report – 12/5/12

05 Dec
December 5, 2012 Wow, what a change 9 months makes! The Ashburn market is “Red Hot.”  The total sales volume year over year is up 27%, while sold units is down 22% which has created an increase in average sales of $26,000 over October, 2011.  This amazing market trend is being driven by the lowest interest rates in history, coupled by the lowest inventory in Northern Virginia in 5 years.  The re-sales and new home sales continue to surge upward. October 2012 October 2011 % change Total Sales Volume $48,846,591 $35,513,887 27% Sold units 85 110 -22% Avg. sold price $444,060 $417,810 6% Avg. DOM 43 83 -107% Pending contracts 204 119 72% Active listings 277 337 -17% Do you live in Ashburn Read more [...]