AveryHess, Realtors® Blog

MyLife in Metro DC – Movin' On Up!

April 26, 2011 will mark my official one -year anniversary of living in Metro DC. And after one year, it is once again time for me to sign a lease or look for a place to buy.

While both my roommate and I absolutely love our condo, David has started to consider the idea of purchasing his first home and I’ve realized that if I want to start saving for my first home, I needed to find a place closer to my realistic “housing budget.”
And so the search began…again.

Something Good is Brewing in Falls Church

A movement is afoot at local bars, and many establishments are moving their draft beer selections past the typical cheap triumvirate of Coors, Miller and Budweiser. Nowadays, restaurants stock their bars with kegs of craft brews coming from California to Colorado. But what if you want something with a decidedly local twist, something that’s brewed right here in the D.C. Metropolitan area? Well then, you are in luck, because a place like that just opened up this past summer in Falls Church.

City of Falls Church, VA Market Report – 11/12/09

The market in the City of Falls Church continues to show great signs of improvement. With active listings down over 22%, homes sold up almost 89%, and days on market (DOM) down 15%, all indications are that the market is stabilizing. The average sales price is down 20% over the same time period as last year, but this reduced price has obviously sparked buyers to get out and buy the inventory on the market.

City of Falls Church, VA Market Report – 10/12/09

The market in the City of Falls Church is hot! Compared to the same time last year, there is one-third less inventory. In addition, sales are almost double what they were last year. However, we do see that average sales price is lower by almost 8%, but this is a far cry from what we have seen over the last couple of years. It is my opinion that our current market is the bottom of the market–or just off the bottom–at this time.

City of Falls Church, VA Market Report – 9/10/09

The City of Falls Church housing market is alive and well! We are seeing increases in both the number of homes sold and average sales price over the same period of last year. In fact, average sales price have increased almost 7%! Plus, there is also a decrease in the average time on the market as well as active inventory. This is a prime example of a performing market inside the Capital Beltway.