Archive for May, 2009

AOL's Smartest Suburbs and Towns – #4 McLean, Virginia

AOL rates America’s most educated towns and suburbs and found that McLean is #4 in the country. Check out the statistics: Total Population: 40,457 Advanced degrees: 45.9% Bachelor’s degrees: 33.4% Associate degrees: 3.0% AOL says, Mclean is “close to Washington, D.C., McLean draws the intellectual elite with high property values and several close parks. Home to [...]

My First Foreclosure Auction in Arlington!

On Friday, I had the exciting opportunity to go to a foreclosure auction on a property in Arlington, VA that my client was bidding on! We had written an offer on the property when it was on the market, but the bank foreclosed when he didn’t accept it. I had no idea what to expect, so [...]

Year-End Review – How Did 2008 Compare to 2007?

A stimulus package. A Presidential Election. A $7,500 first-time home buyer credit. Historically low interest rates. Increased Loan Limits. How did these policies and changes in 2008 affect our local real estate market? Let’s take a look:   The Verdict? Volume went down, prices went down, and time on the market went up. Not a big surprise. [...]

2009 Arlington Tax Assessments – Now Available!

Thinking the Arlington real estate market is down in the dumps? Not according to the Arlington tax assessor. With the exception of a few neighborhoods in Arlington, your taxes are going up. Arlington assessments are calculated in the following way:  The general tax rate is $0.848/$100 of assessed value. Looking for the taxes on a [...]

Arlington Virginia Restaurant Spotlight: Mexicali Blues

Good Margaritas are hard to find, so i’m happy to share my local Margarita house – Mexicali Blues in Clarendon, Arlington, Virginia.Great Mexican food, great service, great place. Whether it’s sitting outside on Wilson Blvd during the warm weather, or inside enjoying their food, Mexicali Blues is sure to hit the craving for Mexican. Their menu offers [...]

Attention Investors! Washington, D.C. Now Your Best Bet!!

According to Forbes Magazine and the Association of Foreign Investors in Real Estate, Washington, D.C. has now been named the #1 place to invest in real estate. The District of Columbia beat out New York City and London, the 2 cities usually competing for top spot on this chart. D.C. is expected to gain in investment value due [...]

2008 Review of The Residences at Station Square Condominium in Arlington, Virginia

Located at 1201 N. Garfield, 1205 N. Garfield, and 1220 N. Fillmore St in Arlington, Virginia, these are the 3 buildings that make up The Residences at Station Square Condominium. The building was built in 2005/2006 (different buildings were finished at different times). At the tender age of 3, 17 different units changed hands last year. [...]

2008 Review of The 1021 Clarendon Condominium

After taking a look at Station Square, I thought we’d compare it to it’s neighbor on 1021 N Garfield St – 1021 Clarendon. This condo building was built in 2005. The sheer number of units in the building – 417 – can explain some of the variations in the building. This building in particular has been [...]

Do You Know What a BPO Is? If You're Buying A Short Sale – You Should!

What does a BPO stand for? Broker’s Price Opinion What does that mean? When a bank gets wind of a potential short-sale, i.e. the seller has gone through the required steps so the bank actually gives them the OK to proceed…they’ll ask a local real estate agent to do a BPO. The agent will then [...]

Exciting News about Keller Williams Realty: #3 in the U.S.!

This past week I had the fortunate opportunity to attend Keller Williams Realty Family Reunion in Orlando. During our 2009 State of the Culture Session, it was revealed that Keller Williams is now #3 in the United States for the number of active agents in the company. I am so proud to be affiliated with such an [...]

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