Open This Weekend – It's Where I Want To Be . . . Living In The Sweet Virginia Breeze!

TGIF! That means it’s time for the Friday Open House Theme Song of the Week.

Today’s song goes out to our clients & customers from out of town. It’s from the Robbin Thompson Band circa 1978. Here’s what they sing:

“Woke up this morning the breeze blowin’ cross my face
And I just had to look up above and thank somebody for this place
Because He must’ve been thinkin’ bout me
When he planted that very first dogwood tree
It’s where I want to be
Livin’ in the Sweet Virginia Breeze”

If you’re looking for a home in Virginia, then come visit our open house this weekend at Francis Young Estates. Maybe you’ll find “it’s where you want to be!” (Scroll down for details.)

Here’s where you’ll find us:

~ Saturday, October 31st from Noon to 5PM at Francis Young Estates in Vienna

~ Sunday, November 1st from Noon to 5PM at Francis Young Estates in Vienna

Francis Young Estates – Prices start at $1,229,900

15 gorgeous new homes on two cul-de-sacs in the Madison High School District!

Three opportunities remain!

Homes are Energy Star Certified and built by master builder Sekas Homes.

Directions: From Route 123 in Vienna, North on Beulah Rd about 3/4 mile to new cul-de-sac on left just past State Street.

Contact The Belt Team directly at (703) 242-3975 if you have questions about pricing, features, floorplans, options, etc…

More information on all listings

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!

Senate Agrees to Extend Homebuyer Tax Credit

 

It’s not a done deal, but there’s been some movement. And this time, first-time homebuyers may not be the only ones to get the tax credit .

The senate version of the bill under discussion would also include repeat buyers who have owned their current homes for at least five years.

Instead of the $8,000 credit that first-time buyers would receive – repeat buyers would be eligible for up to $6,500.

The bill is still being negotiated. So stay tuned!

Read the MSNBC article for details

Weekly Market Update – Homes Selling Faster

 

Here is what MRIS reports for our region today:

“The first-time home buyer tax credit continues to push heavy autumn sales in the MRIS region.

For the week ending October 17 there were 2,630 pending sales, up 75.3 percent from the 1,500 sales seen during the same week in 2008.

Over the last three months there have been 8,672 more signed purchase agreements than there were during the same period last year.

New listings are a different story, with 4,314 fewer during the last three months compared to last year.

Good news for sellers: it’s taking less time to sell homes than it did a year ago, and the final sales price is typically closer to the original asking price than it was a year ago.

When you are ready to buy or sell a home, make sure you contact The Belt Team for a specific analysis of the neighborhood you live in or the neighborhood you want to move to.

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 Houses This Weekend – Everybody Needs Rock N Roll

Last week, someone asked why we post music videos on our blog on Fridays. (If you’ve been following, you know that we post a video & tie it in to our weekend open houses – songs like “This Town”, “If I Had A Million Dollars”, “The House Is A Rockin”, “If I Had A Hammer” – well you get the idea.) Anyway – if the question is why we post music videos on our blog, the answer comes from the Stray Cats – circa 1989. They had a song called “Everybody Needs Rock N Roll”. Unfortunately, we don’t have a video of that song – so we’ll just have to “Rock This Town” instead! (Scroll down below the video for this week’s open houses.)

Come & visit us at our open houses this weekend. We’ll be Rockin This Town! Here’s where you can find us:

~ Saturday, October 24th from 10AM to 6PM at Francis Young Estates in Vienna

~ Sunday, October 25th from 11AM to 1PM at 603 Glyndon St SE in Vienna (for the home that is to be built at 206 Talahi Rd, SE)

~ Sunday, October 25th from 1PM to 4PM at 8625 McHenry St in Vienna

~ Sunday, October 25th from 10AM to 6PM at Francis Young Estates in Vienna

603 Glyndon Street SE (for 206 Talahi Rd SE) in Vienna – $1,250,000

(Visit the home on Glyndon to get an idea of the home to be built on Talahi Road. Same builder, same model!)) 

Custom craftsman style home to be built by Clear View Homes in sought-after neighborhood in Town of Vienna! Gorgeous open floorplan, 9′ ceilings, gourmet kitchen w/center island, family room with gas fireplace, luxurious master suite with gas fireplace and oversized walk-in-closet* Upgraded finishes * Walk everywhere! Still time to customize! Madison HS!

Directions to open house: From Tysons: Route 123 South into Vienna, Left Park St, Left Talahi Rd, Left Glyndon St to #603.

Directions to location of home to be built: From Tysons: Route 123 South into Vienna, Left Park Street, Left Talahi to Keller Williams sign on lot on left at #206.

8625 McHenry Street in Vienna – $735,000 (PRICE IMPROVED!)

Enjoy a sunny, bright floorplan, hardwood floors through most of the main level, a delightful sunroom with gas fireplace, updated kitchen, fully finished walkout lower level & more. All on a gorgeous half acre+ lot in the Madison HS pyramid AND convenient to Dunn Loring Metro!

 

 

Directions: From Cedar & Park: Left on McHenry to #8625. From Route 123 (Maple Ave) in Vienna: South on Park, Left on McHenry.

Francis Young Estates – Prices start at $1,199,900 .

15 gorgeous new homes on two cul-de-sacs in the Madison High School District! Four opportunities remain! Homes are Energy Star Certified and built by master builder Sekas Homes.

Directions: From Route 123 in Vienna, North on Beulah Rd about 3/4 mile to new cul-de-sac on left just past State Street.

Contact The Belt Team directly at (703) 242-3975 if you have questions about pricing, features, floorplans, options, etc…

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!

Weekly Market Update – Nothing New . . .

 

We went out to dinner at The Melting Pot last week. The waitress had no idea that I was “in the business” – but in the course of conversation, she shared her excitement about the home she & her husband had just purchased with the aid of the First Time Homebuyer Tax Credit. So – cheers to you Cathy! 

In the meantime, here is what MRIS reports today on the state of the market:

“The story in the MRIS region’s housing market remains the first-time home buyer tax credit, which is spurring high levels of buyer activity in its final days.

For the week ending October 10 there were 2,936 pending sales, up 68.1 percent from the 1,747 sales seen during the same week in 2008.

The heavy sales activity is combining with relatively weak new listing activity to draw down the total inventory of available homes for sale.

As of October 10 there were 56,938 homes available in the region, down almost 25,000 units from a year ago.”

WOW!

When you are ready to buy or sell a home, make sure you contact The Belt Team for a specific analysis of the neighborhood you live in or the neighborhood you want to move to.

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 This Weekend – Bet You'd Live Here If You Could!

Our Open House Theme Song/Video of the Week comes from the Go-Go’s circa 1984. (Check out the 80’s outfits – LOL! And if you’re into this – you’d probably enjoy the Legwarmers show at the State Theater on Oct 23rd!)



They sang “I bet you’d live here if you could”. Well, the Go-Go’s were talking about LA (where 2 of the Belt Team members were born), but WE are talking about the homes we have open this weekend. Here’s where you can find us:

~ Saturday, October 17th from Noon to 5PM at Francis Young Estates in Vienna

~ Sunday, October 18th from 1PM to 4PM at 808 Braddock Road W in Alexandria

~ Sunday, October 18th from 12:30PM to 4:30PM at Francis Young Estates in Vienna

808 Braddock Road West – $709,000 (PRICE IMPROVED!)

Charming & elegant all brick colonial in a fabulous location close to Braddock Road AND King Street Metro! Hardwood floors throughout the main level and in all bedrooms, woodburning fireplace, French doors, lots of windows, screened porch, updated kitchen with granite & stainless, finished lower level rec room & more!

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Directions: From I-395: King Street East, go approximately 1 mile to left on Braddock Road, go approx 1/2 mile to 808 Braddock Rd W. on the righ hand side. (OR from Braddock & Russell Roads: Go west on Braddock to #808 on the left.)

Francis Young Estates – Prices start at $1,199,900 .

15 gorgeous new homes on two cul-de-sacs in the Madison High School District! Four opportunities remain! Homes are Energy Star Certified and built by master builder Sekas Homes.

Directions: From Route 123 in Vienna, North on Beulah Rd about 3/4 mile to new cul-de-sac on left just past State Street.

Contact The Belt Team directly at (703) 242-3975 if you have questions about pricing, features, floorplans, options, etc…

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!

Weekly Market Update – Last Chance For First-Time Homebuyers? Interest Rates Drop! Equity Restored!

 

Here is what MRIS reports this week:

“Home sales in the MRIS region remain robust as fall progresses and the final days of the final days of the federal tax credit for first-time home buyers draw closer.

Home sales for the week ending October 3 were 54.4 percent higher than during the same week a year ago—jumping from 1,881 to a whopping 2,937.

Activity should be very strong for the next two weeks as more “last call before bar close” buyers move to take advantage of the credit.

By the end of October, activity should slow significantly, even if the tax credit is extended.”

 

AND . . . here’s an update from Keller Williams Realty about the drop in interest rates:

“Interest Rate Drop Fuels Demand!

According to Freddie Mac, 30-year-fixed-rate mortgage average fell further to 4.87 percent with an average 0.7 point for the week ending Oct. 8 from 4.94 percent last week. “Such low rates are spurring mortgage demand,” said Frank Nothaft, Freddie Mac vice president and chief economist, in a statement.

“Interest rates for 30-year fixed-rate loans were the lowest since mid-May; 15-year FRMs were at a record low since data were first collected in 1991 and 5-year ARMs also hit an all-time record starting in 2005. Compared to a year ago, consumers could shave almost $134 off their monthly mortgage payments on a 30-year fixed-rate loan for $200,000 by refinancing.

In addition to spurring mortgage demand, applications were up to a 19-week high over the week ending in Oct. 2, according to the Mortgage Bankers Association – applications to purchase a home were at the strongest pace since the beginning of 2009. ”

Lastly, watch this video for some interesting news – like the fact that the Federal Reserve reports that Owners’ Equity is up from 41.29% to 43.1%. This 1.2% increase translates to $2 TRILLION dollars of restoration to homeowners’ equity!


In the meantime, when you are ready to buy or sell a home, make sure you contact The Belt Team for a specific analysis of the neighborhood you live in or the neighborhood you want to move to.

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!

If I Had A Million Dollars . . .

The group Barenaked Ladies sings “If I had a million dollars, I’d buy you a house.”

So what does a MILLION DOLLARS buy you these days?

Here are some samples in the Washington DC/Virginia/Maryland region (descriptions are taken from listing agent comments in MRIS). There’s quite a range!

VIENNA, VA – Listed at $999,000

4 bedrooms. 4 1/2 baths. Built in 1996. 1 fireplace. Almost 1/2 acre lot. Beautiful, spacious, upgraded colonial in sought-after sub-division. Walking distance to metro. Hardwood floors on main level, new neutral carpeting and expansive family room with gas fireplace insert. Spacious gourmet eat-in kitchen with new granite tops. Fully-finished basement with rec room, office, bedroom and media room. Lusciously landscaped corner-lot backing to woods. 

 

WOODBRIDGE, VA – Listed at $995,000

4 bedrooms. 3 1/2 baths. Contemporary home built in 1997. 1 fireplace. 3.85 acres.

Gorgeous secluded waterfront estate with over 5,700 sq ft of quality living space in main house. Over 2,000 sq ft of decking over looking the Occoquan Reservoir. 2 docks and boat house, plus separate 3 level office building – 2600 sq. ft.

 

BALTIMORE – Listed at $998,000

7 bedrooms. 5 full baths. 2 half baths. Built in 1933. 2 fireplaces. Almost 1/3 acre lot.

Walk to Hopkins University, upscale restaurants, famous Guilford Gardens. Fantastically updated 6+ bedroom home with gourmet eat-in kitchen, new family area, mudroom off drive and garage, formal dining room, living room, sunroom, 3-story staircase leads to master bedrom, sitting room, dressing room and his/her new baths, 4 additional bedrooms, plus lover level au pair suite & rec room. Glorious yard, quiet private street new paved road.

ARLINGTON – Listed at $999,000

4 bedrooms. 3 1/2 baths. Built in 2009. 2 fireplaces. .13 acre lot.
BRAND NEW Arts & Crafts home features 2200 sq ft on 3 finished levels with 9-ft ceilings on each level. Gourmet kitchen w/breakfast bar, cherry cabinets & granite. Separate dining room w/bay window. Living room with gas fireplace opens to covered rear porch. Period molding. Lower level rec room, bedroom & full bath open to covered, rear patio.

WASHINGTON DC – Listed at $1,000,000

“Hot shell in great location Historic District”.

CULPEPPER, VA – Listed at $1,000,000

5 bedrooms. 4 full baths. 2 half baths. Built in 2003. 2 fireplace. Over 14 acres.This Estate will WOW you! Almost 7,000 custom sq ft! Solar panels heat the in-ground pool, pond. 4 other buildings with many more specialties- make this a home that your clients must see to believe! Not in a subdivision, no HOA’s. Totally private within minutes to the town of Culpeper!

GREAT FALLS, VA – Listed at $999,000

4 bedrooms. 2 1/2 baths. Built in 1969. 1 fireplace. Approx 5 1/2 acre lot.
Truly exqusite 5 acre lot with house and barn/stable. Located on highest point of Seneca Rd. Great Horse property, with mature trees, all fenced in. House can be lived in while you build your new home.Home sold “as-is”.

Open This Weekend – The House Is A Rockin, Come On in!

Our Open House Theme Song/Video of the Week comes from all-time great Stevie Ray Vaughn. He used to sing ” Well the house is a rockin, don’t bother knockin. Yeah the house is a rockin, don’t bother knockin. Yeah the house is a rockin, don’t bother, come on in.”

Our Belt Team open houses are a rockin. And you don’t have to bother knockin. Come visit us this weekend! Here’s where you can find us:

~ Saturday, October 10th from Noon to 5PM at Francis Young Estates in Vienna

~ Sunday, October 11th from 1PM to 4PM at 808 Braddock Road W in Alexandria

~ Sunday, October 11th from Noon to 5PM at Francis Young Estates in Vienna

808 Braddock Road West – $709,000 (JUST REDUCED!)

Charming & elegant all brick colonial in a fabulous location close to Braddock Road AND King Street Metro! Hardwood floors throughout the main level and in all bedrooms, woodburning fireplace, French doors, lots of windows, screened porch, updated kitchen with granite & stainless, finished lower level rec room & more!

 Â 

Directions: From I-395: King Street East, go approximately 1 mile to left on Braddock Road, go approx 1/2 mile to 808 Braddock Rd W. on the righ hand side. (OR from Braddock & Russell Roads: Go west on Braddock to #808 on the left.)

Francis Young Estates – Prices start at $1,199,900 .

15 gorgeous new homes on two cul-de-sacs in the Madison High School District! Four opportunities remain! Homes are Energy Star Certified and built by master builder Sekas Homes.

Directions: From Route 123 in Vienna, North on Beulah Rd about 3/4 mile to new cul-de-sac on left just past State Street.

Contact The Belt Team directly at (703) 242-3975 if you have questions about pricing, features, floorplans, options, etc…

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!