ANOTHER BRAND NEW LISTING FROM THE BELT TEAM!!
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Month: March 2009
Central A/C
Come Visit Us At Our Open Houses This Weekend!
Come Visit Us At Our Open Houses This Weekend!
************************************
BRAND NEW LISTING IN OAKTON!
OPEN SUNDAY, MARCH 29th 1PM TO 3PM
This sunsplashed colonial with gorgeous curb appeal offers the best in family living & lighthearted elegance! The home is situated in ever popular Fairwinds & is gracefully sited on one of its loveliest lots (1.5 acres!), providing a quiet and serene setting. Inside youll find extensive moldings and millwork, plus stately wrap-around brick detail on the exterior. Over $80,000 in upgrades have been completed in the last 2 years! Take advantage of the unbeatable location, centrally located to Tysons Corner, Fair Lakes, Fair Oaks and Dulles International Airport with convenient access to Washington, DC and its surroundings.
Directions: From I-66 to Rte 123/Chain Bridge Rd, Left Hunter Mill, Left Vale Rd, Right Fox Mill, Left Helmont, Left Saddle Crescent to #11700 at end of cul-de-sac.
************************************
OPEN SUNDAY, MARCH 29th FROM 2PM TO 5PM
Come see Francis Young Estates in Vienna – A fabulous new home community of 15 homes on two cul-de-sacs. AND in the Madison High School District! Prices start at $1,299,900.
DIRECTIONS: From Tysons, Route 123 into Vienna, Right Beulah Rd, Go 3/4 mile, Left on Francis Young Lane (a new cul-de-sac on the left just past State Street)
For more information, call The Belt Team at (703) 242-3975
MYTH: Ive heard a lot of news about how awful the real estate market is and how tough it is to get financing. Now must not be a good time to buy. I should wait until things settle down.
TRUTH: Now is a GREAT time to buy. Here are just a few of many reasons:
- Its a Buyers Market. This means as a Buyer, you have more bargaining power. As things settle down, sales will increase, inventory will decrease and the market will begin to stabilize. At this point, Buyers will have less bargaining power than they do now. Because we are currently in a Buyers Market, Buyers are also seeing Sellers pay closing costs, condo fees and all sorts of other things.
- Mortgage interest rates are at historical lows. Fixed rate financing with low down payments is still available. In 1971, FHLMC fixed rates averaged 7.48%. Current FHLMC fixed rates are in the 5% range. Do you know anything else you can buy in 2009 that costs less than it did in 1972?!
- Inventory is very healthy. This means as a buyer, you have many good choices.
- Today is a much less stressful time to buy. A few years ago, if you were a Buyer, you often had to make a decision within a matter of hours or someone else would buy the home you wanted right from under your nose. Today, we are not seeing as many multiple offers. You have time to think, analyze and make decisions with both your heart & mind.
- The Stimulus Package has provided a great opportunity for First-Time Homebuyers but it will only last so long. First-time homebuyers are eligible for a maximum $8,000 tax credit. This is effective for purchases through then end of 2009. If the home is sold more than 3 years after purchase, the credit is not even re-captured upon sale.
- If you are currently renting, you can build equity for YOUR Future, not your Landlords! And with the tax advantage you gain from your mortgage interest deduction, it can often cost less to buy than to rent!
- If you currently own, and are moving up, you will gain in todays market. Your home may not sell for as much as it would have a few years ago, but the home you are moving up to will also be selling for less. Heres an example say that values in your area have dropped by 12%. The home you live in will now only sell for $666,000 instead of the $750,000 you had hoped for – an $84,000 loss. However, the home you are moving to which originally would have sold for $975,000 is now selling for $858,000 a savings for you of $117,000. In this example, you come out $33,000 ahead and now live in a nicer, larger home.
- Its The American Dream. And now more than ever is the time to capitalize on this market and make your dreams come true .if not for you, then maybe for your children or grandchildren!
The Belt Team . . .Serving all of your real estate needs in Vienna, Oakton, McLean, Great Falls, Arlington, Reston, Fairfax and the entire Northern Virginia Region! (703) 242-3975. Contact us today for a FREE home valuation or buyer counseling session!
Open House in Oakton This Weekend
OPEN SUNDAY, MARCH 22ND 1PM TO 3PM
Custom quality built home with fantastic curb appeal. Nestled on a beautiful acre of privacy on a cul-de-sac lot mere minutes to excellent schools, convenient shopping & easy commuting. Enjoy soaring ceilings, spacious rooms & a stunning yard!
Directions: I66-Rt 123N, L Jermantown Rd., R Oakton Rd to fork at Waples Mill Road, continue on Waples Mill, L on Waples Glen to #3403.
For more info, contact The Belt Team at (703) 242-3975.
NEW BELT TEAM LISTINGS COMING SOON!
Watch our web site closely (www.TheBeltTeam.com) for some gorgeous new listings! We have a beautiful resale in Vienna coming on the market tomorrow at around $1.2 million. And another coming tomorrow in Oakton at just under a million. Plus a new home to be built in Vienna at $1,125,000.
And stay tuned….because next week, we have a lovely resale in Oakton coming on the market at just under $1.2 million and a fantastic Vienna Woods home under $500,000!
For more info, contact The Belt Team at (703) 242-3975!
The Belt Team . . .
Serving all of your real estate needs in Vienna, Oakton, McLean, Great Falls, Arlington, Reston, Fairfax and the entire Northern Virginia Region! Contact us today for a FREE home valuation or buyer counseling session!
Open House in Vienna This Weekend!
*******************************************
Come see Francis Young Estates in Vienna – A fabulous new home community of 15 homes on two cul-de-sacs. AND in the Madison High School District! Prices start at $1,299,900.
OPEN SUNDAY, MARCH 22nd FROM 2PM TO 5PM
DIRECTIONS: From Tysons, Route 123 into Vienna, Right Beulah Rd, Go 3/4 mile, Left on Francis Young Lane (a new cul-de-sac on the left just past State Street)
For more information, call The Belt Team at (703) 242-3975
Open House in Kensington This Weekend!
This charming home has a profusion of windows & is drenched in sunlight…plus it’s upgraded, updated & move-in ready now! Enjoy the best of both worlds…a delightful sanctuary located in Kensington mere minutes to Downtown Bethesda, the Beltway & more…and the feel of a country retreat worlds away from the hustle & bustle of modern living. $979,000
OPEN SUNDAY, MARCH 15TH FROM 1PM TO 4PM
Directions:
495 (Capital Beltway) to Exit 33 (MD-185N) toward Kensington. Turn Left onto Dunnel Lane. Turn Right onto Byeforde Road.
For more information, contact The Belt Team at (703) 242-3975.
Open Houses in Vienna This Weekend
OPEN HOUSES IN VIENNA THIS WEEKND!
314 LEWIS STREET, NW
This light-hearted charmer offers a wonderful “heart of Vienna” location on the edge of historic Windover Heights and just steps to the library, shops, restaurants, Metrobus and all that Vienna offers. Plus terrific schools, a great backyard & lots of updates! $597,500
OPEN SUNDAY, MARCH 15TH FROM 1PM TO 4PM
DIRECTIONS: Route 66 West to Vienna exit, Rt 243/Nutley Street to Rt 123/Maple Ave, Right Maple Ave, Left on Lewis St (by Amphora) to #314 Lewis St. OR from Tysons: Rt 123 into Vienna, through town, Right Lawyers Rd, Left West St, Left Lewis to #314 Lewis.
*******************************************
Francis Young Estates in Vienna
A fabulous new home community of 15 homes on two cul-de-sacs. AND in the Madison High School District! Prices start at $1,299,900.
OPEN SUNDAY, MARCH 15TH FROM 1PM TO 4PM
DIRECTIONS: From Tysons, Route 123 into Vienna, Right Beulah Rd, Go 3/4 mile, Left on Francis Young Lane (a new cul-de-sac on the left just past State Street)
For more information, call The Belt Team at (703) 242-3975
Keller Williams Realty Is On The Move!
We are happy to announce that in one of the most challenging real estate markets we have ever faced, Keller Williams is still doing it right. We are so very proud & excited to announce that our company ranking has moved up to #3 Real Estate Company in the entire United States!
I truly believe that among many reasons our company is so successful, the most important one is that we live out our Mission, Values & Beliefs. Here’s what they are:
Our Values: God, Family, then Business
Our Mission: To build careers worth having, businesses worth owning and lives worth living.
Our Belief System:
| Win-Win | Or no deal |
| Integrity | Do the right thing |
| Customers | Always come first |
| Commitment | In all things |
| Communication | Seek first to understand |
| Creativity | Ideas before results |
| Teamwork | Together everyone achieves more |
| Trust | Starts with honesty |
| Success | Results through people |
If these values coincide with your values….and you’re looking for a team to represent you in buying or selling a home in Northern Virginia – call The Belt Team at (703) 242-3975.
For those of you who are detail oriented, here is a statistical breakdown of our marketplace by zip code. Feel free to contact us for information on other zip codes. We are proud to note that historically, the average days on market for a Belt Team listing is significantly lower than the current market average. And in addition, our average sale price-to-list price ratio is much higher!
Metropolitan Regional Information Systems, Inc. ZIP Code Statistics – <$100K to >$5M Format
ZIP Code: 22181 Vienna, VA
From: 02/01/2009 to 02/28/2009 Statistics generated on: 03/06/2009
|
Residential |
Active Listings |
Time on Market |
|||||||||
|
Price Class |
2 |
|
4 |
Condo |
Ground |
Residential |
Condo |
Ground |
of Units Sold |
||
|
Under $100,000 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 -30 Days |
2 |
|
|
$100,000 – 149,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
31-60 Days |
3 |
|
|
$150,000 – 199,999 |
0 |
0 |
0 |
0 |
0 |
0 |
4 |
0 |
61 – 90 Days |
2 |
|
|
$200,000 – 249,999 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
91-120 Days |
1 |
|
|
$250,000 – 299,999 |
0 |
0 |
1 |
2 |
0 |
1 |
3 |
0 |
Over 120 Days |
0 |
|
|
$300,000 – 349,999 |
0 |
0 |
0 |
0 |
0 |
2 |
4 |
0 |
Total |
8 |
|
|
$350,000 – 399,999 |
0 |
0 |
1 |
0 |
0 |
2 |
5 |
0 |
|||
|
$400,000 – 449,999 |
0 |
0 |
1 |
0 |
0 |
1 |
0 |
0 |
Type of Financing |
||
|
$450,000 – 499,999 |
0 |
0 |
1 |
0 |
0 |
5 |
0 |
0 |
|||
|
$500,000 – 599,999 |
0 |
0 |
1 |
0 |
0 |
3 |
0 |
0 |
Conventional |
5 |
|
|
$600,000 – 699,999 |
0 |
0 |
0 |
0 |
0 |
7 |
0 |
0 |
FHA |
3 |
|
|
$700,000 – 799,999 |
0 |
0 |
1 |
0 |
0 |
10 |
0 |
0 |
VA |
0 |
|
|
$800,000 – 899,999 |
0 |
0 |
0 |
0 |
0 |
6 |
0 |
0 |
Assumption |
0 |
|
|
$900,000 – 999,999 |
0 |
0 |
0 |
0 |
0 |
3 |
0 |
0 |
Cash |
0 |
|
|
$1,000,000 – 2,499,999 |
0 |
0 |
0 |
0 |
0 |
13 |
0 |
0 |
Owner Finance |
0 |
|
|
$2,500,000 – 4,999,999 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
0 |
All Other |
0 |
|
|
$5,000,000 & Over |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Unreported |
0 |
|
|
Totals |
0 |
0 |
6 |
2 |
0 |
54 |
17 |
0 |
Total |
8 |
|
|
Grand Totals |
8 | 71 | |||||||||
|
|
Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.
Metropolitan Regional Information Systems, Inc. ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22180 Vienna, VA
From: 02/01/2009 to 02/28/2009 Statistics generated on: 03/06/2009
|
Residential |
Active Listings |
Time on Market |
|||||||||
|
Price Class |
2 |
|
4 |
Condo |
Ground |
Residential |
Condo |
Ground |
of Units Sold |
||
|
Under $100,000 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 -30 Days |
3 |
|
|
$100,000 – 149,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
31-60 Days |
1 |
|
|
$150,000 – 199,999 |
0 |
0 |
0 |
1 |
0 |
0 |
2 |
0 |
61 – 90 Days |
4 |
|
|
$200,000 – 249,999 |
0 |
0 |
0 |
0 |
0 |
0 |
6 |
0 |
91-120 Days |
1 |
|
|
$250,000 – 299,999 |
0 |
0 |
0 |
1 |
0 |
1 |
7 |
0 |
Over 120 Days |
4 |
|
|
$300,000 – 349,999 |
0 |
0 |
0 |
0 |
0 |
1 |
1 |
0 |
Total |
13 |
|
|
$350,000 – 399,999 |
0 |
3 |
1 |
0 |
0 |
10 |
5 |
0 |
|||
|
$400,000 – 449,999 |
0 |
0 |
1 |
0 |
0 |
8 |
0 |
0 |
Type of Financing |
||
|
$450,000 – 499,999 |
0 |
1 |
1 |
0 |
0 |
16 |
0 |
0 |
|||
|
$500,000 – 599,999 |
0 |
0 |
2 |
0 |
0 |
23 |
0 |
0 |
Conventional |
9 |
|
|
$600,000 – 699,999 |
0 |
0 |
0 |
0 |
0 |
12 |
0 |
0 |
FHA |
2 |
|
|
$700,000 – 799,999 |
0 |
0 |
0 |
0 |
0 |
4 |
0 |
0 |
VA |
0 |
|
|
$800,000 – 899,999 |
0 |
0 |
1 |
0 |
0 |
1 |
0 |
0 |
Assumption |
0 |
|
|
$900,000 – 999,999 |
0 |
0 |
1 |
0 |
0 |
3 |
0 |
0 |
Cash |
2 |
|
|
$1,000,000 – 2,499,999 |
0 |
0 |
0 |
0 |
0 |
40 |
0 |
0 |
Owner Finance |
0 |
|
|
$2,500,000 – 4,999,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
All Other |
0 |
|
|
$5,000,000 & Over |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Unreported |
0 |
|
|
Totals |
0 |
4 |
7 |
2 |
0 |
119 |
21 |
0 |
Total |
13 |
|
|
Grand Totals |
13 | 140 | |||||||||
|
|
Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.
Metropolitan Regional Information Systems, Inc. ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22182 Vienna, VA
From: 02/01/2009 to 02/28/2009 Statistics generated on: 03/06/2009
|
Residential |
Active Listings |
Time on Market |
|||||||||
|
Price Class |
2 |
|
4 |
Condo |
Ground |
Residential |
Condo |
Ground |
of Units Sold |
||
|
Under $100,000 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 -30 Days |
1 |
|
|
$100,000 – 149,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
31-60 Days |
4 |
|
|
$150,000 – 199,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
61 – 90 Days |
2 |
|
|
$200,000 – 249,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
91-120 Days |
1 |
|
|
$250,000 – 299,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Over 120 Days |
3 |
|
|
$300,000 – 349,999 |
0 |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
Total |
11 |
|
|
$350,000 – 399,999 |
0 |
0 |
0 |
1 |
0 |
0 |
1 |
0 |
|||
|
$400,000 – 449,999 |
0 |
0 |
0 |
0 |
0 |
1 |
3 |
0 |
Type of Financing |
||
|
$450,000 – 499,999 |
0 |
0 |
0 |
0 |
0 |
3 |
0 |
0 |
|||
|
$500,000 – 599,999 |
0 |
0 |
2 |
0 |
0 |
14 |
0 |
0 |
Conventional |
8 |
|
|
$600,000 – 699,999 |
0 |
2 |
2 |
0 |
0 |
21 |
0 |
0 |
FHA |
2 |
|
|
$700,000 – 799,999 |
0 |
0 |
4 |
0 |
0 |
26 |
1 |
0 |
VA |
1 |
|
|
$800,000 – 899,999 |
0 |
0 |
0 |
0 |
0 |
8 |
0 |
0 |
Assumption |
0 |
|
|
$900,000 – 999,999 |
0 |
0 |
0 |
0 |
0 |
11 |
0 |
0 |
Cash |
0 |
|
|
$1,000,000 – 2,499,999 |
0 |
0 |
0 |
0 |
0 |
40 |
0 |
0 |
Owner Finance |
0 |
|
|
$2,500,000 – 4,999,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
All Other |
0 |
|
|
$5,000,000 & Over |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Unreported |
0 |
|
|
Totals |
0 |
2 |
8 |
1 |
0 |
126 |
5 |
0 |
Total |
11 |
|
|
Grand Totals |
11 | 131 | |||||||||
|
|
Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.
Metropolitan Regional Information Systems, Inc. ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22124 Oakton, VA
From: 02/01/2009 to 02/28/2009 Statistics generated on: 03/06/2009
|
Residential |
Active Listings |
Time on Market |
|||||||||
|
Price Class |
2 |
|
4 |
Condo |
Ground |
Residential |
Condo |
Ground |
of Units Sold |
||
|
Under $100,000 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 -30 Days |
0 |
|
|
$100,000 – 149,999 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
31-60 Days |
0 |
|
|
$150,000 – 199,999 |
0 |
0 |
0 |
0 |
0 |
1 |
1 |
0 |
61 – 90 Days |
1 |
|
|
$200,000 – 249,999 |
1 |
0 |
0 |
0 |
0 |
0 |
12 |
0 |
91-120 Days |
1 |
|
|
$250,000 – 299,999 |
0 |
0 |
0 |
1 |
0 |
0 |
7 |
0 |
Over 120 Days |
4 |
|
|
$300,000 – 349,999 |
0 |
0 |
0 |
0 |
0 |
3 |
1 |
0 |
Total |
6 |
|
|
$350,000 – 399,999 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
|||
|
$400,000 – 449,999 |
0 |
0 |
0 |
0 |
0 |
5 |
1 |
0 |
Type of Financing |
||
|
$450,000 – 499,999 |
0 |
0 |
0 |
0 |
0 |
7 |
0 |
0 |
|||
|
$500,000 – 599,999 |
0 |
0 |
0 |
0 |
0 |
14 |
0 |
0 |
Conventional |
6 |
|
|
$600,000 – 699,999 |
0 |
0 |
1 |
0 |
0 |
9 |
0 |
0 |
FHA |
0 |
|
|
$700,000 – 799,999 |
0 |
0 |
1 |
0 |
0 |
10 |
0 |
0 |
VA |
0 |
|
|
$800,000 – 899,999 |
0 |
0 |
0 |
0 |
0 |
8 |
0 |
0 |
Assumption |
0 |
|
|
$900,000 – 999,999 |
0 |
0 |
0 |
0 |
0 |
4 |
0 |
0 |
Cash |
0 |
|
|
$1,000,000 – 2,499,999 |
0 |
0 |
2 |
0 |
0 |
22 |
0 |
0 |
Owner Finance |
0 |
|
|
$2,500,000 – 4,999,999 |
0 |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
All Other |
0 |
|
|
$5,000,000 & Over |
0 |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
Unreported |
0 |
|
|
Totals |
1 |
0 |
4 |
1 |
0 |
87 |
23 |
0 |
Total |
6 |
|
|
Grand Totals |
6 | 110 | |||||||||
|
|
Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.
Northern Virginia Real Estate Blog 