Arlington, VA Real Estate News

By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
Arlington, VA Subdivisions 22204 Zip codeI have been working on a list of real estate subdivisions for Arlington, Virginia in the 22204 Zip code. These are the subdivisions starting with A-G. Please let me know if I have missed any good ones....Alcova Row |Arbors Of Arl |Arl Viilage/Arl Hills |Arl Vlg Courtyar |Arlington Court |Arlington Heights |Arlington Village |Ashlawn Ridge |Barcroft Forest |Barcroft Townh |Barkley Condo |Carlyle House |Carrington Village |Century South |Columbia |Columbia Forest |Columbia Heights |Columbia Knolls |Columbia Square |Columbia Terrace |Commons Of Arl |Courthouse Walk |Douglas Park New Arl. |Elliot Townes |Forest Glen |Fort Barnard Heights |Fort Craig |Foxcroft |Foxhall |Frederick Courts |George Mason Vil |George Mason Village |Glebe Manor |Glen Carlin...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
Arlington, VA Subdivisions 22203 ZipcodeI have been working on a list of real estate subdivisions for Arlington, Virginia in the 22203 Zipcode. Please let me know if I have missed any good ones....Alta Vista |Arlington Forest |Arlington Oaks |Ashton Heights |Ballston |Bonair |Brandon Village |Buckingham Commons |Carlyn Park |Continental |Hawthorn |Hyde Park |Jackson Manor |Jefferson Res |Jefferson Retirement Condos |Lexington Square |South Ballston Townh |Spy Hill Blvd Manor |Summit & Veitch |The Chatham |The Hawthorn Condominium |The Residences At Liberty Center |Tower Villa | Also if anybody knows any good places to get a comprehensive list of subdivisions for Arlington, Virginia or any / all cities for our Arlington Virginia Real Estate Website, I would appreciate it...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
Arlington, VA Subdivisions 22202 ZipcodeI have been working on a list of real estate subdivisions for Arlington, Virginia in the 22202 Zipcode. Please let me know if I have missed any good ones....Addison Heights |Aurora Hills |Bella Vista |Crystal Gateway |Crystal Park -S |Eclipse Condominium |Eclipse On Center Park |Forest Hills Common |Horizon House |Oakcrest |Pentagon Ridge |Ridge House |Southampton |The Cavendish |The Eclipse |The Representative |Waterford House |Windsor Park | Also if anybody knows any good places to get a comprehensive list of subdivisions for Arlington, Virginia or any / all cities for our Arlington Virginia Real Estate Website, I would appreciate it...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
Arlington, VA Subdivisions 22201 ZipcodeI have been working on a list of real estate subdivisions for Arlington, Virginia in the 22201 Zipcode. Please let me know if I have missed any good ones....Adams House |Arlington |Ashton Heights |Astoria |Ballston Area Townh |Ballston Park |Barton Place |Bedford Park |Bromptons At Ballston |Calvert Court |Cambridge Courts |Cambridge Courts |Cardinal House |Center Ballston |Charleston Condo |Chelsea Landing |Circle |Clarendon |Cleveland House |Clevland House |Colonial Village |Courthouse |Courthouse Crossing |Courthouse Hill |Eastview At Ballston Met |Highlawn Highlands |Lynnbrook |Lyon Hill |Lyon Park |Lyon Village |Lyongate |Maywood |Monroe |Odyssey |Olde Ballstn T |Potomac Ridge |Spout Run Terrace |Station Square |Summerwalk I&Ii |Taft Towers |...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
Which market are you watching and what news are your reading or watching?To hear it from the national media, you're bombarded with stories about foreclosures, massive price drops, a downward spiraling economy, recession, Armageddon, doomday, death and destruction.The local news is not much better.  When the Washington Post reports on real estate, they are often examining the entire region, Suburban Maryland, D.C., Northern Virginia, as well as the far reaches of the outer suburbs.  Parts of Loudoun County may be more a suburb for Reston or Tysons Corner than they are for D.C.Sure, real estate is a roller coaster ride and it's not for the weary who are in it for the short time and must clench the safety bar and scream the whole way down.  Anybody whose ridden on one of the cars at an amu...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
Among the attractions of condo living in Northern Virginia are affordability compared to single family homes and townhouses, less maintenance than a large home, and convenience of location.  Location plays a big factor especially in Arlington and Alexandria where many condominium owners commute to work in D.C.  As the two suburbs closest to the District, Arlington and Alexandria are always in high demand among homebuyers and these two areas have not been hit as hard by the housing decline as many of the further out suburbs in Fairfax County, and especially in Prince William and Loudoun Counties.  One factor that plays a large role in the commuting equation and thus in choice of location is presence of the subway, or the Metro, as we fondly call it here in the Metropolitan Washington are...
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Today the Virginia Supreme Court ruled that the Northern Virginia Transportation Authority is unconstitutional. You can read the entire decision here. The NVTA was created by the Virginia General Assembly earlier this year, to levy taxes for Northern Virginia transportation projects. I wrote about these increases in more detail back on July. In an unanimous opinion, the court said that legislators improperly delegated taxing powers to the unelected members of the NVTA. This decisions affects the recent increase in the grantors/transfer tax homeowners pay when they sell their homes, in addition to some other taxes that were increased in in January to help pay for the $300 million needed in bonds to finance planned transportation projects. It’s still unclear what happens next. It’s also u...
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Arlington County announced a new development project on the corner of North Glebe & Wilson Blvd. Also known as old the Bob Peck site, the new project will include: 400,000 square feet of office space, 36,000 square feet of retail space, 90 units of affordable housing, 28 town homes. I drove around there today and realized that it’s very big space– almost 5 acres. That’s pricey real estate across from the metro $26 Million to be exact when the Peck family sold it to JBG in 2006. That’s a little more than $5M/acre! There were also two old homes boarded up on Wakefield and another small apartment building that appear to be part of the project as is the Staples, according to the press release. These new buildings will compliment the Ballston Mall and the other new building that emerge in r...
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Mark your calendars for public hearing at the county. WHEN: March 27, 2008 (Budget) March 29, 2008 (Tax rate) TIME: 7 PM, scheduled (could be sooner if other agenda items end quickly) WHERE: Room 307 #1 Courthouse Plaza, 2100 Clarendon BLVD. What Are The County’s Plan: 1. Your Arlington 2008 real estate tax assessment increases 3.7% from your 2007 tax assessment. 2. Raise your tax rate to .838 per $100 of assessed value. A 6.2% increase over the 2007 tax rate of .789 per $100. What Does This Mean To You? Your real estate property tax is made of of two parts. The first is the value of your home (your tax assessment) which varies widely in a county made up of single family homes, townhomes and condo homes. The second, is the rate at which the county taxes that assessed value. Your proper...
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By Donna McCrummen
(Keller Williams Towne Square Realty)
Arlington is an urban county of about 26 square miles located directly across the Potomac River from Washington DC. No incorporated towns or cities lie within Arlington's boundaries. Originally part of the area surveyed for the nation's capital, the portion on the west bank of the Potomac River was returned to the Commonwealth of Virginia by the U.S. Congress in 1846.   Arlington is among the most densely populated jurisdictions in the country with a population density of about 7,938 persons per square mile. Arlington's population is racially, ethnically and culturally diverse.  Arlington County public school children speak 105 languages and hail from 127 countries. Arlington residents are among the most highly educated in the nation.   Although perhaps best known to visitors as the hom...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
There are more choices available than there are flavors of Jelly Belly jellybeans.  It's true!  That's the case for the homes currently on the market in Arlington Virginia.  Single family homes, townhouses, high-rise condominiums, duplexes, semi-detached homes, garden style condos -- each has its own unique style and are available through different area of Arlington.  811 Arlington homes on the market in Arlington Virginia (as of February 25th).  94 homes sold in Arlington in January.  While this month's sales will likely outpace January, there's still an abundant 8+ month supply of home inventory in Arlington.  That's a clear indication that it's a buyer's market.  Add to that the fact that the average Arlington sale in January closed at around 93% of the asking price, and you've got y...
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By Tina Merritt, Virginia Real Estate
(Nest Realty)
This is really an awesome sight to watch if you've never had the chance...very fascinating.Tomb of the Unknown Soldier1. How many steps does the guard take during his walk across the tomb of the Unknowns and why? 21 steps. It alludes to the twenty-one gun salute, which is the hig hest honor given any military or foreign dignitary. 2. How long does he hesitate after his about face to begin his return walk and why? 21 seconds for the same reason as answer number 1 3. Why are his gloves wet? His gloves are moistened to prevent his losing his grip on the rifle. 4. Does he carry his rifle on the same shoulder all the time and if not, why not? He carries the rifle on the shoulder away from the tomb. After his march across the path, he executes an about faceand moves the rifle to the outside s...
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By Afton Mormann
(Keller Williams Realty)
The latest and greatest trend in going green is green mortgages.  New "green" construction is now leading to more affordable loans.  Ask your lender for further details, but one form is discounted closing costs.  Bank of America has a program called the "energy credit mortgage program" and refunds buyers $1,000 if the home they are purchasing meets Energy Star's energy efficiency requirements. In the case of homes with substantive energy savings, some lenders are even increasing buyers' debt ratios.  This can allow for approximately $12,000-$15,000 more buying power.  The rationale behind going green is simply this:  less energy consumption = less energy costs; therefore, buyers can afford more in a mortgage.   Here are just a sampling of features which make a home "green":Energy Star A...
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By Norm Odeneal, Arlington Virginia Realtor
(Keller Williams)
You mentioned advice on the market.  and in 22202 the avg sold price is actually down 2.5% compared to last year in 07 vs 06 sold prices where down 26.5% in 06 vs 05 sold prices where up 47 % In 22201 Clarendon  22201 the avg sold price is up 7% compared to last year in 07 vs 06 sold price was down 24% in 06 vs 05 sold price was up  15.6% In my opinion the shift has come and gone and now is the time to buy. Because, Prices are actually steadily increasing interest rates are at 3 year lows Inventory is up which means there is a lot to pick from Also, you have time to look versus having to make a decision right away. you get the mortgage interest write off on your taxes Our economy is good Arlington has the lowest unemployment rate in the State 60,000 jobs are coming to our area in the ne...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
Recent sales activity and current inventory in Arlington, Virginia make it the hottest place to sell a home in the metropolitan D.C. area.  Hotter than neighboring Alexandria, Fairfax County, and even Washington D.C.  Loudoun County and Prince William County lag far behind in sales activity measured by market absorption rates.   Absorption rate is a measure of how quickly existing inventory of homes for sale will sell at current rates assuming no further inventory is brought onto the market.  For this analysis, I examined how many homes are currently on the market in each city or county and divided it by the number of sales in that jurisdiction for the month of December 2007.  The resulting chart shows the number of months of available housing stock. As you can see, sales are still bris...
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By Afton Mormann
(Keller Williams Realty)
It is imperative to know the absorption rate in your local market to help you, the Realtor, price homes for your client.  Clients may want to know, for example, that if 200 houses were listed last month and 100 sold, then the absorption rate is 50% for that month.  It is best, however, to calculate the absorption rate for a 3 to 6 months.  This will help you in trending and forecasting.Did you know that even in a hot real estate market, it is rare for absorption rates to increase to over 50%?  The November 14, 2007 issue of Daily Real Estate News show the steps to calculate absorption rates:"-First, determine the number of homes closed in your market over a specific period - say, 12 months. You can get this data from the MLS. -Next, divide the number of homes by the number of months in ...
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By Afton Mormann
(Keller Williams Realty)
Single women all over are flexing their muscles by purchasing homes.  Is the purchase of a home the equivalent of right hand rings or are ladies getting tired of waiting for Mr. Right?Over the past eight years, the percentage of single female buyers has increased by 50%.  In fact, one in every five homes is sold to a single woman - this is more than twice the number purchased by single men.  Eighty-three percent of the single women buyers are choosing single-family homes.Why have more women begun to purchase homes?  Here are just a few reasons, if you have more, feel free to share:-Divorce-Average age of marriage has increased-Women live longer than men-Women are making more money than in the past For all those independent women out there, I say...You Go Girl!
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Everyone has his or her own tastes and needs.  I get that.  This analysis purely describes the best values in Arlington, VA real estate.  These are the best buys for your bucks.  I’m going to break it down in $100,000 increments.  Don’t be embarrassed if you are at the lower end of the ladder.  I can help you move up by directing you to wise investments in one of the best areas in the country for real estate, Arlington Virginia.  If your budget is $400,000The Phoenix at Clarendon – 1020 N. Highland St., Arlington, VA 22201You can buy a one-bedroom condo for between $350,000 and $400,000 with garage parking.  If you have representation in this transaction from a Realtor such as myself, you might want to see if you can negotiate the one-bedroom with a den model within this budget.  We can...
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By Afton Mormann
(Keller Williams Realty)
For those who were not able to attend our First Time Home Buyers Seminar on Dec. 8, I found this great link from HUD's website:http://www.hud.gov/offices/hsg/sfh/buying/buyhm.cfmIf you are interested in attending future First Time Home Buyers Seminars, send me an email! Happy House Hunting!
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By FRANK LL0SA Esq.- Northern Virginia Broker .:. FranklyRealty.com
(Northern Virginia Homes - FRANKLY REAL ESTATE Inc)
So this is my first of many Vlogs. This is a walking tour of the condos and townhouses in Clarendon, located in Arlington Virginia. The tour starts at the Clarendon Metro Station in Arlington Virginia. Condos include: The Phoenix Condos Clarendon 1021 Condos Station Square Condos Zoso (no longer condos) Clarendon Park Townhomes Hartford Condos This Arlington Condos tour (direct link to video), also shows Clarendon Market Common and bars like Clarendon Grill, Mister Days, Whitlow's on Wilson, La Tasca, Boulevard Woodgrill and RIRA. Also look at the Clarendon 1021 Condos tour. Written by Frank Borges LL0SA- Broker FranklyRealty.com Other keywords: Condominiums. Condo, 22201. A few metro stops from Washington DC, Ballston, Rosslyn, Courthouse, and Virginia Square and George Mason Law.
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