Just Listed in Falls Church!

6816 Arlington Blvd in Falls Church – $424,900

Charming bungalow with great curb appeal!  One level living at its best. All freshly painted. New carpets, tile and refinished hardwoods. Unique dual sided fireplace between the family room & dining room. Both baths totally renovated.  New kitchen. All new lighting. Professionally landscaped.  Patio for outdoor entertaining. Fully fenced yard. New roof.  Convenient location, just 10 minutes to DC!

More Info about 6816 Arlington Blvd in Falls Church

Contact The Belt Team

We have LOTS of listings coming on the market this Spring. Let us know if you would like to be on our PRIORITY NOTIFICATION LIST so that you can find out about listings BEFORE they hit the market!

Friday Funday Video & Open House Extravaganza

TGIF! That means it’s time for our Friday Funday Video & Open House Announcements.

This week’s video goes out to all of you who have been looking & looking & looking – but just haven’t found your dream home. Well, here’s Bachman Turner Overdrive with “You Ain’t Seen Nothing Yet”! Listen, be inspired (and you gotta laugh at the 70’s hair & outfits!) and then come visit us at one of our eight open houses this weekend. Cuz baby, you ain’t seen nothin yet!

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JUST LISTED & OPEN SATURDAY & SUNDAY – 1 to 4PM – 6816 Arlington Blvd in Falls Church – $424,900

Charming bungalow with great curb appeal!  One level living at its best. All freshly painted. New carpets, tile and refinished hardwoods. Unique dual sided fireplace between the family room & dining room. Both baths totally renovated.  New kitchen. All new lighting. Professionally landscaped.  Patio for outdoor entertaining. Fully fenced yard. New roof.  Convenient location, just 10 minutes to DC!

More Info about 6816 Arlington Blvd in Falls Church

Directions: From 495 exit 50 East towards DC to just past Greenway Blvd (about a mile) to house on the left.  House is setback from Route 50, on access road that runs parallel to the main road.

Contact The Belt Team

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JUST LISTED & OPEN SATURDAY 2-4PM – 609 Ware Street SW in Vienna – $1,179,000

New custom home from District Properties in the heart of Vienna. Gleaming hardwoods on the main & upper levels. Living room with access to full bath could be main level bedroom. Gourmet kitchen with French doors to deck. Kitchen also opens to family room with gas fireplacec. Master suite w/spa-like bath & electric fireplace. Convenient upper level laundry. Finished lower level with rec room, electric fireplace & wet bar – plus a bedroom, full bath & media room. Fenced yard.

More Info about 609 Ware St SW in Vienna

Directions: From Tysons: 123 South, Left Nutley Street, Left Courthouse Road, Right Ware Street to #609

Read about Life In Vienna

Contact The Belt Team

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OPEN SATURDAY AND SUNDAY – 1 to 3PM – 10133 Pine Street in Oakton – $649,900

This lovely home is in a fabulous location in a quiet neighborhood with a rural feel, yet central to lots of amenities and even less than a mile to Vienna Metro. Enjoy a shaded backyard with deck & patio – perfect for both relaxing & entertaining. Inside, you’ll love the open, airy layout ~ spacious vaulted ceiling family room ~ hardwood floors ~ updated kitchen ~ updated baths upstairs ~ finished walkout lower level with rec room, 4th bedroom, 3rd full bath & office with built-ins ~ plus lots of storage!

More Info about 10133 Pine Street in Oakton

Directions: From Route 66: Exit Route 123 North toward Oakton, Right Hibbard, Right Pine Street to #10133 on left.

Contact The Belt Team

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OPEN SUNDAY – 1 to 4PM – 10517 Lawyers Rd in Vienna – $1,189,000

Beautifully updated colonial home with a contemporary flair -conveniently located and yet sited idyllically in the privacy of 2.4 acres and a gorgeous, natural setting. Inside you’ll enjoy a spacious, open floor plan – as ideal for family living as it is for entertaining – plus wood floors throughout the main level, 4 fireplaces & an updated kitchen with great wooded views. You’ll love the outdoor spaces just as much as the inside – with two decks, a lovely stone patio, three soothing water fountains, detailed landscaping and even a spa!

More Info about 10517 Lawyers Rd in Vienna

Directions: From 66 West: exit Rt 123 North (toward Vienna), left Hunter Mill Road, left Lawyers Road to home on left at #10517.

Read about Life In Vienna

Contact The Belt Team

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OPEN SUNDAY – 1 to 3PM – 9449 Brenner Ct in Vienna – $1,179,900

This lovely home is just outside the Town of Vienna limits (ie – no town taxes!). The spacious open floorplan includes a family room with gas fireplace ~ family room opens to the delightful screened porch ~  Sunny kitchen with breakfast room ~ wonderful tray ceiling master bedroom with two walk-in closets & luxurious master bath ~ finished walkup lower level with nine foot ceilings so it doesn’t feel like a basement! Fenced rear yeard with patio is perfect for entertaining. AND – it’s in the Madison HS pyramid!

More Info about 9433 Brenner Ct in Vienna

Directions: From Tysons> Route 123 South into Vienna, Right Beulah Rd, Left Talisman Drive, Left McKinley, Right on Brenner to #9449.

Read about Life In Vienna

Contact The Belt Team

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JUST LISTED & OPEN SUNDAY – 1 to 4PM – Potomac Avenue in Alexandria – $394,500

Rare AS-IS rehab in exclusive New Alexandria.  Opportunity for instant equity with cosmetic updates.  NOT a Short Sale or Foreclosure.  Cash or conventional only.  Cash offers require Proof of funds.  Short distance to shops, restaurants, and water.  Well below assessment value. Great 203K opportunity and Seller can manage construction/improvments if Purchaser desires.  Pending Contract release.

More Info about Potomac Avenue in Alexandria

Directions: From Route 1: Take Fort Hunt Rd, Left on Old Towne Rd, Right Potomac Ave to property on right – #6422.

Contact The Belt Team

This Week in Vienna Oakton Real Estate: Sales Still Swift

              

Vienna and Oakton’s housing markets remain HOT. With less than a 3 month housing supply (2.5 months in Oakton and 1.5 months in Vienna), it’s officially a Seller’s Market in both areas! (Note though that this analysis is generalized for the entire market regardless of price range, property type, school district, etc. If you are looking to buy or sell, your Realtor should be doing an in-depth analysis depending on YOUR particular market. The higher price ranges, for example, are still moving at a slower pace. This could also vary by home type – with colonials selling much faster than split foyers or contemporary homes.)

Inventory increased ever so slightly (up 5% in Vienna and up by only 1 home in Oakton). And sales are still happening swiftly. This past week 42% of the homes that went under contract sold in two weeks or less.

It’s still all about the “Two P’s”: Pricing & Preparation. Homes that are priced right & prepared properly sell quickly & for more money. Sellers who try to “test” the market for higher prices than the market will bear, end up paying the price themselves by selling for less than they would have if they had priced at market to begin with.

It doesn’t take a rocket scientist to figure out that perhaps price is the issue when a home has been on the market for a LOOOOOOOOOOOONG time. (There are 11 homes in the Vienna Oakton market, for example, that have been on the market for MORE THAN A YEAR!) NAR statistics show that the longer your home is on the market, the less it will sell for. To maximize your price, you just might want to price slightly BELOW market so that your property becomes sought after and you encourage multiple offers & a competitive situation.

Detailed statistics for Vienna & Oakton are below. Contact The Belt Team if you would like statistics on YOUR particular market!

Last week in Vienna Real Estate (22180,22181, 22182):

  • Number of Contracts: 22
  • Average Days on Market for Active Listings: 106 days
  • Average Days on Market for Listings That Went Under Contract: 36 days
  • Inventory: 187 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.1 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 1.5 months

Here are last week’s stats for Oakton Real Estate (22124):

  • Number of Contracts: 4
  • Average Days on Market for Active Listings: 85 days
  • Average Days on Market for Listings That Went Under Contract: 22
  • Inventory: 75 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.8 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.5 months

If you’re thinking of buying or selling a home, Contact The Belt Team at (703) 242-3975 for a more in-depth discussion & analysis – because it’s only the neighborhood YOU live in (or you WANT to live in) that matters. We’ll be happy to schedule a consultation and get very detailed about “YOUR Market”? so that you can make the decision that is best for YOU!

Also, you can read more about:

You can also listen to How Buyers Should Choose The Right Realtor.

Email The Belt Team (or call us at 703-242-3975) to request a FREE WRITTEN REPORT of your home’s value or to be put on our FREE PRIORITY NOTIFICATION LIST for special buying opportunities that are not in the MLS or on the Internet. In a market like this, don’t you want to know about homes BEFORE they hit the market?

Northern Virginia Real Estate Market Stats: 2008-2012

Are you wondering how this year’s Spring real estate market compares to last year’s? Or the market five years ago? Wonder no more. Here’s a detailed look at how things looked in several of our Northern Virginia markets over the past 5 years:

For more information, further analysis, or for details on other parts of Northern Virginia, contact The Belt Team.

 

Buyer Consultations – Where Do You Start When Buying a Home?

     

How much time should you spend consulting with your real estate agent before you start looking at homes? And what things should you be asking them about?

Here are the highlights:

Contact The Belt Team at (703) 242-3975 if you would like to schedule a FREE BUYER CONSULTATION. We can help walk you through the process so you know what to expect – every thing from loan approval to the contract to repairs & inspections to contingencies and more. We will advise you on what you need to know about TODAY’S market so that you can make the BEST decision for YOU!

Friday Funday Video & Open House Announcement

TGIF! That means it’s time for our Friday Funday Video & Open House Announcements.

First, our video. In honor of Easter Weekend, – we bring you a classic movie clip – Fred Astaire in “Easter Parade”! After you watch the clip, you may feel like taking a stroll or a drive around town too. If you do – stop in to see us at our open house on Pine Street. It will definitely put a smile on your face!

OPEN SUNDAY – 1 to 3PM – 10133 Pine Street in Oakton – $649,900

This lovely home is in a fabulous location in a quiet neighborhood with a rural feel, yet central to lots of amenities and even less than a mile to Vienna Metro. Enjoy a shaded backyard with deck & patio – perfect for both relaxing & entertaining. Inside, you’ll love the open, airy layout ~ spacious vaulted ceiling family room ~ hardwood floors ~ updated kitchen ~ updated baths upstairs ~ finished walkout lower level with rec room, 4th bedroom, 3rd full bath & office with built-ins ~ plus lots of storage!

More Info about 10133 Pine Street in Oakton

Directions: From Route 66: Exit Route 123 North toward Oakton, Right Hibbard, Right Pine Street to #10133 on left.

Contact The Belt Team

Just Listed in Vienna Near the "Coming Soon" Silver Line Metro!

1523 Red Rock Court in Vienna – $624,900

This delightful, large, comfortable home is located in a cul-de-sac and in close proximity to wonderful downtown Vienna! Spacious kitchen w/breakfast room opens onto deck, which overlooks beautifully-landscaped, very private backyard. Lovely brick front & bay windows, great for entertaining! Lots of storage space, bright & completely finished lower level with full bath.

More Info about 3205 Brynwood Place in Oak Hill

Read about “Life In Vienna

Contact The Belt Team

We have LOTS of listings coming on the market this Spring. Let us know if you would like to be on our PRIORITY NOTIFICATION LIST so that you can find out about listings BEFORE they hit the market!

Just Listed in Franklin Farm (Oak Hill, VA)!

3205 Brynwood Place in Oak Hill – $634,900

Fabulous home in sought after Franklin Farm! Backs to trees & common area with direct access to walking trails & tot lot. Gorgeous family room with fireplace, vaulted ceilings, skylights & sliding doors to huge deck, perfect for entertaining. Updated kitchen with granite countertops & stainless steel appliances, plus a spacious breakfast area. Master suite with hude walk-in closet & updated bath. Walk out lower level features rec room with built-in desks & full bath.

More Info about 3205 Brynwood Place in Oak Hill

Read about “Life In Vienna

Contact The Belt Team

We have LOTS of listings coming on the market this Spring. Let us know if you would like to be on our PRIORITY NOTIFICATION LIST so that you can find out about listings BEFORE they hit the market!

Temperatures Tame, But Housing Market Hot!

This week, many of us celebrate Easter. There’s an old saying “don’t put all your eggs in one basket”. But maybe that’s exactly what you SHOULD be doing!

 

Vienna and Oakton’s housing market remain HOT. Sales are brisk and inventory remains low. Vienna remains in a Seller’s Market and with a slight decrease in inventory this week, Oakton is now teetering between a Balanced Market and a Seller’s Market.

Over the past week, 32 homes sold in Vienna and Oakton. Of those homes, 72% sold in 15 days or less. WOW!

Boy Scout - Be Prepared   

The best strategy now for Buyers is to “Be A Boy Scout”. We advise our Buyers to have loans approved, walk through the process with your Realtor from start to finish (even have them go over a standard contract with you – including the various contingency options) and have your checkbook in hand. If you’re serious about buying – it’s a great time. Interest rates are still at historic lows. And you need to be prepared to move! Inventory levels are at the lowest we have seen in years. So when that “perfect” home comes on the market – you may not be the only one looking at it. Be a Boy Scout and BE PREPARED.

We would also suggest that you work with a Realtor who is “proactive” rather than “reactive”. Instead of waiting for that “perfect home” to magically come on the market, if you can identify the neighborhood, floorplan and detailed characteristics of your “perfect home”, a Realtor may be able to find a home for you that is not even yet on the market. (The Belt Team has done that for quite a few clients over the past year.) This strategy could have you celebrating Memorial Day in your own new home!

Detailed statistics for Vienna & Oakton are below. Contact The Belt Team if you would like statistics on YOUR particular market!

Last week in Vienna Real Estate (22180,22181, 22182):

  • Number of Contracts: 24
  • Average Days on Market for Active Listings: 113 days
  • Average Days on Market for Listings That Went Under Contract: 29 days
  • Inventory: 178 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.1 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 1.4 months

Here are last week’s stats for Oakton Real Estate (22124):

  • Number of Contracts: 8
  • Average Days on Market for Active Listings: 79 days
  • Average Days on Market for Listings That Went Under Contract: 13
  • Inventory: 74 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 3.0 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.9 months

If you’re thinking of buying or selling a home, Contact The Belt Team at (703) 242-3975 for a more in-depth discussion & analysis – because it’s only the neighborhood YOU live in (or you WANT to live in) that matters. We’ll be happy to schedule a consultation and get very detailed about “YOUR Market”? so that you can make the decision that is best for YOU!

Also, you can read more about:

You can also listen to How Buyers Should Choose The Right Realtor.

Email The Belt Team (or call us at 703-242-3975) to request a FREE WRITTEN REPORT of your home’s value or to be put on our FREE PRIORITY NOTIFICATION LIST for special buying opportunities that are not in the MLS or on the Internet. In a market like this, don’t you want to know about homes BEFORE they hit the market?

Just Listed – This Ain't No Cookie Cutter Mansion!

10531 Wickens Road in Vienna – $1,997,897

Truly rare opportunity offering unparalleled combination of lot, custom quality construction and finishes not found in today’s marketplace. This one-of-a-kind home is tucked away on an incredible lot backing to Difficult Run Parkland in close-in Vienna! Encounter a world of tranquil beauty & peaceful privacy…and enjoy a profusion of windows…where views of the woods & lawns of this 3.79 acre jewel provide a welcoming setting. The deer & an occasional fox are the nearest neighbors and the many bright birds will sing their greetings to you as well! The best of both worlds…a delightful sanctuary mere minutes to Vienna Metro…and the feel of a country retreat worlds away from the hustle & bustle of modern living! The house reflects the quality of space.  Cozy yet elegant.  Introverted yet light filled, exciting, dramatic, refined, timeless sumptuousness, homey, classic, masculine, secure, manor, private yet welcoming, impressive, relaxing, soothing, friendly.

More Info about 10517 Lawyers Road in Vienna

Read about “Life In Vienna

Contact The Belt Team

We have LOTS of listings coming on the market this Spring. Let us know if you would like to be on our PRIORITY NOTIFICATION LIST so that you can find out about listings BEFORE they hit the market!