If you are driving around the City of Falls Church it might feel as though every home you pass with a “For Sale” sign has an “Under Contract” pronouncement attached to it. Well, that is because most of them are, in fact, under contract! With an average “days on market” for single family detached homes…
City of Falls Church Homes 101
That is, 101.64% actually, which is the percentage of asking price that single family homes in the City of Falls Church were fetching back in April. And with an average “days on market” of 7, many were doing so in under a week. The numbers for May are not yet in (probably out on Monday),…
DC Real Estate Putting Stamp On DC Tech
Last night Tech Cocktail held one of their now nationally known Mixer & Startup Showcase events at the recently opened space of hot new DC incubator 1776, and with an intriguing lineup of startup showcases at that. With a great turnout of attendees ranging from entrepreneurs, to developers, to venture capitalists and angel investors, all the way down…
Swamps and Sunshine: This House Has It All
You are either going to love this one, or hate it. Not sure most would emphasize the swamp that lies in the backyard so much, especially given the mosquito problems most of us in the DC area have even without such features. However, more than anything I am curious what people think of the sun…
After Long Wait Lincoln Park in Falls Church Ready For Action
If you have toddlers and/or pre-schoolers in and around Falls Church, VA, then you know the significance of this headline. After last summer’s Derecho slammed through the DC area the City of Falls Church was left particularly damaged. This included significant damage to one of the jungle gym elements at the not necessarily remarkable, but…
Home Renovations That DON’T Add Value
Lately I have been noticing something that is not terribly uncommon out in the world of home ownership. Big projects that bring high expectations of gratuitous returns for home owners, but that don’t actually payoff at all. Well, at least not in added equity, or higher sales prices compared to nearby competition. It is important…
Colin’s “Catch of The Day”: Arlington Farm House Charms
This North Arlington Farm House brings a taste of those charming homes in Lyon Village near Wilson Boulevard, but with a bit more space inside and out. 1914 Quincy St. has the charm, but not without also meeting the space demands of many Arlington families. The big question: Is there enough house to fetch the…
Colin’s “Catch of The Day”: Subtle Falls Church Colonial Delivers Inside
In the City of Falls Church, as with much of the DC Metro area, pickings are slim right now when it comes to real estate. My friends at Fall Properties have just listed this unsuspecting gem in Virginia Forest. Subtle from the curb, this home delivers inside with a spacious, open updated kitchen, and vaulted…
Clarendon Condo Owners Are Loving These Stats
After more than 5 years of a stale condo market in Clarendon (22201) condo owners finally have something exciting to look at. The chart below pretty much speaks for itself. December showed a dramatic improvement to the average price of Clarendon area condos, and with inventory tightening considerably, there is reason to think this trend…
Northern Virginia Real Estate Showing Signs of a “Hot” Spring?
I like data… no, I LOVE data. Perhaps this is why my posts tend to be about as interesting as a dry bowl of corn flakes. Sometimes, though, some anecdotal evidence is just what we need. A little bit of speculation based on some form of limited experience and hearsay. Well using that very scientific…
Arlington County Real Estate Trends Through November 2012
We’re not going to hit every zip code here, but I do want to take a look at the updated data for the Arlington County real estate market through November, 2012. Data which was just released by RBI last week. 22201: In short, it remains pretty boring to own a condo in 22201 as the market…
Colin’s “Catch of the Day”: Consolation Prize, White House Replica in McLean?
For any of the Presidential hopefuls from this year’s election, or otherwise, there may be a consolation prize just down the road in McLean, VA. This 12,000 sqft “White House” replica could be just the thing for anyone that was just looking forward to the posh presidential living quarters. At just under $4,000,000 I am…
Post Hurricane Sandy: Home Buyer Due Diligence
This is just a quick note for home buyers in the general DC Metro area. If you are actively searching for a home now is a good time to know whether or not the homes you are interested have water issues. Here are a few things that you, via your agent most likely, should be…
Enough With Resiliant, Is Arlington County Real Estate Ready to Grow?
How do you feel about the Arlington Real Estate market these days? Is it ready to make stronger moves upward? The data seems to suggest as much, which is great news for homeowners. Home buyers, however, may not find this quite as exciting as they have already been competing in this market and now the…
City Of Falls Church Housing Update – October 2012
As mentioned in the video above, the City of Falls Church housing market is not a large one, so the data can be susceptible to singular instances having a significant impact on the charts. That fact aside, the aspect of the data I am most pleased to see is the leveling off of some of…
