Saturday, February 25, 2012

Pick o' the litter! (22182 & 22181)

There are currently 56 active ( for sale) single family homes in 22182.  The following homes are active and have been on the maket for 30 days or less:

9606 Podium Drive  $965,000
9315 Robnel Place $815,000
2186 Amber Meadows Drive $1,399,000
8436 Reflection Lane $769,900
1718 Saddle Ridge Ct $750,000
1500 Pennycress Lane $695,000
2016 Woodford Road $1,199,950
10409 Dunn Meadow Road $1,099,900
1305 Newkirk Ct $1,199,900
1318 Carpers Farm Way $939,900
9453 Deramus Farm Ct $1,450,000
10110 Mill Wheel Court $849,900
10500 Dunn Meadow Rd $999,500
8254 George Washington Court $990,000
1424 Rosewood Hill Drive $774,500
9003 Lupine Den Drive $1,249,000
9603 Timberview Court $991,879
1753 Nevar Court $725,000
9606 Podium Drive $965,000
9315 Robnel Place $815,000
2186 Amber Meadow Drive $1,399,000
8436 Reflection Lane $769,900
1500 Pennycress Lane $695,000
2016 Woodford Road $1,199,950
10409 Dunn Meadow Road $1,009,900
1305 Newkirk Court $1,199,900

There are currently 3 townhomes in total for sale in Tysons Corner:

8016 Merry Oaks Court $494,900
1601 Leeds Castle Drive $667,900
1807 Fawncrest Court $699,900

The condominiums available at Tysons Corner are: (most are 22102 zip code)
One Park Crest  $465,000-$1,200,000+ new construction
1504 Lincoln Way #222 $220,000
1541 Lincoln Way #101A $316,900
1580 Spring Gate #4315 $229,900
1581 Spring Gate #5112 $339,000
7839 Enola Street #204 $195,000
1800 Old Meadow Road #617 $379,000
1800 Old Meadow Road #810 $425,000

The Rotonda:
8350 #712 $548,500
8370 #612 $585,000
8340 #126 $517,900
8360 #1010 $338,000
8350 #324 $329,900

7720 Tremayne Place #213 $274,900

There are currently 29 single family homes on the market in 22181.  The properties that are active and on the market in 22181 for 30 days or less are:


2597 Babcock Road $874,888
9804 Brightlea Drive $574,900
2907 Strathaven Place $840,000
2249 Hunter Mill Road $1,189,000
2566 Oak Valley Drive $739,900
2608 Meredith Drive $827,964
2650 Oakton Glen Drive $699,950
2210 Abbottsford Drive $649,900
2428 Riviera Drive $687,000

Townhomes in 22181 are as follows:

2896 Sutton Oaks Lane $474,990
2822 Kelly Square $489,999

There are two condominiums in 22181 for sale and both have been on the market for over 30 days.


If you have questions regarding any of these properties or would like to schedule a showing call me today, I look forward to hearing from you!

                                                  Carla 
                                            703-577-4960
                                                        brkslong@aol.com

Monday, February 20, 2012

Walking away from a property....

There are many homeowners deciding whether to file bankruptcy, or to list their home as a short sale and/or what to do.

In the late 80's and early 90's, the banks (for the most part) were not cooperating in the short sale process.  Homeowners behind on their payments were eventually foreclosed on.  Many long time agents felt that the current downturn would be no different.  We all know now that is/was not the case.  The widespread default on residential mortgages (2005 to present) necessitated a different strategy than less dramatic and lengthly downturns in the past.

In addition to the bank's strategies,  homeowners attitudes (and societies) have changed as well.  The decision to file a bankruptcy vs  a short sale of a personal residence (or investment property) is now being viewed by many as more of a "business decision" than a "moral decision".  Not everyone is in sync with this attitude yet considering the multitude of short sales on the market, its good to examine the situation.

A recent article on Yahoo touched on the options homeowners have when they find they can no longer pay their mortgage(s).

The full article can be found at http://finance.yahoo.com/news/what-happens-when-you-walk-away-from-your-home-.html

If you'd like to make the most of your real estate experience call me today, I will treat your transaction as if it were my own!


                                                                      Carla 
                                                                   703-577-4960

Friday, February 17, 2012

Whats hot in home styles in 2012?

Modern style wins the style vote in 2012!

Box like with lots of glass, concrete and steel, these homes boast lots of open spaces.  They are built with practical, energy efficient materials and easy to maintain.


For the full run down on whats hot and whats not in home design please go to the article :http://www.linkedin.com/news?actionBar=&articleID=5572708199825408071&ids=dzkMejgSdjcMdjoQe3AMd3sRdiMUe3sOejoSdjoNdzcPejoPdPkRb34Tc3wMd3kOe3AVcjwMdP8TdjkIdP8RczkRejcOc3wPcPATejoRdiMTdz4Uc3AOe3gScjkPcPsTdzkR&aag=true&freq=weekly&trk=eml-tod2-b-ttl-2&ut=0_DIIpwEAe7B81


If you'd like to make the most of your real estate experience call me today, I will treat your transaction as if it were my own!


                                                               Carla
                                                             703-577-4960

Thursday, February 9, 2012

Whats your outlook on the direction of home prices in 2012?

The Wall Street Journal published a consumer outlook survey conducted by Fannie Mae on the direction of home prices in 2012.

Please go to the following link to read the article:

 http://blogs.wsj.com/developments/2012/02/07/fannie-mae-outlook-for-home-prices-rises-again/

Briefly, around 30% of the respondents feel that prices will rise in 2012.   A small percentage feel that prices will decline and roughly 50% feel that prices will remain steady in 2012.

With housing so tied to the health of the national economy, there are constant graphs, surveys and so forth on opinions and trends in the housing sector.  Its all very interesting and its good to be an educated and informed consumer!

If you'd like to make the most of your real estate experience call me today, I will treat your transaction as if it were my own!


                                                                    Carla
                                                                  703-577-4960

Wednesday, February 8, 2012

Should Appraisers use Short Sales and Bank Owned Sales as Comparables?

Often times, Short sales data and bank owned sales data were not used by appraisers to value non-distressed properties.  The reason being, the motivation of the sellers in a short sale situation was atypical and the condition of bank owned properties were generally atypical.

A recent paper issued by the Appraisal Institute has surely changed that rationale.

The Institute points out that where the concentration of short sales and bank owneds is high enough to be a significant portion of sales and/or acknowledging these sales is necessary to arrive at a realistic valuation of a property then they should be used as comparables.

Click here to view the Keeping Matter Current blog.  It provides a great recap of the Appraisal Institute's findings and previous posts on the subject matter:

http://www.kcmblog.com/2012/02/07/do-appraisers-use-distressed-properties-as-comparables/

If you'd like to make the most of your real estate experience call me today.  I will treat your transaction as if it were my own...




                                                                    Carla
                                                                    703-577-4960