Archive for month: January, 2014

Hop Aboard the Tysons Corner Real Estate Money Train

16 Jan
January 16, 2014 The Silver Line makes its debut this year, which has many potential homeowners asking what this means for home prices in the neighborhoods affected by the much-talked-about public transit expansion. We know what you’re thinking and you’re right on the money! If you play your cards right you could be sitting on a cash cow that brings with it increasing property values, an easier commute, more local businesses, walkable town centers, and substantial changes in the outlook of a various communities (think schools for example). Phase 1 of the Silver Line lies right along the Tysons Corner Corridor, home to the largest shopping mall in the DC Metro area and in the entire state of Virginia. Read more [...]

DC Restaurant Week – A True Foodie Fest!

08 Jan
January 8, 2014 “There is no love sincerer than the love of food.” – George Bernard Shaw, Man and Superman. Being a foodie in DC can be quite an expensive hobby! For all of us that love that chance to try all of the latest restaurants that are friends are buzzing about, Restaurant Week is that time when we can do it without the guilt. Beginning Monday, January 13 through Sunday, January 19, over 230 of Washington, DC’s finest restaurants will be offering 3-course lunches for $20.14, and 3-course dinners for $35.14. A showcase of Washington, DC’s finest culinary talents, Metropolitan Washington Restaurant Week is a great opportunity to experience the District’s best restaurants at Read more [...]

Lorton, VA Market Report – 1/6/2014

06 Jan
January 6, 2014 Are we edging closer to a “Normal Market? Not really, we are still in the “Seller Zone”! Look at the chart below - prices are still rising in Lorton with the average sold price up 20% over Dec. 2013.  Prices will continue to climb at a steady rate as long as interest rates and inventory remain low. In the third quarter of 2013 there was an increase in new listings coming on the market but sold prices did not reduce. Why, you ask? Because inventory is still historically low.  There are 9,758 homes in Gainesville and only 87 are actively looking for a buyer.  That’s less than .01% of homes in active status, very low inventory indeed! Is there any good news for buyers - absolutely! The Read more [...]