Archive for January, 2010

Condo Buildings Near the Ballston Metro in Arlington, VA

The Ballston Metro, located on the Orange Line, has a lot of options for those looking to buy a condo within a half mile of the metro. Click on the building name for more specific information on each! In order of numbers above: 1. The Alta Vista 2. Ballston Park 3. Ballston 880 4. The [...]

Arlington, VA Local Business Spotlight: Screwtop Wine Bar

As if wine, cheese, and paired meats weren’t enough of a reason to go check out Arlington’s newest bar…how about the owner quotes Reese Witherspoon from “Sweet Home Alabama” on their website? (If you haven’t yet seen this movie – go see it!) But I digress. Screwtop entered the Clarendon scene in December 2009, but [...]

Clarendon-Arlington, VA Business Spotlight: Artisan Confections

Who needs an excuse to try some chocolate? Well, I stopped by the new chocolate/confections store located at 1025 N. Fillmore Street, Arlington, VA 22201 named Artisan Confections. Known for their small-batch chocolates with a dedication to  ”timeless techniques with a modern aesthetic.” It’s a small grab-and-go kind of outlet for chocolates to eat, give, and enjoy [...]

Arlington, VA Neighborhood Spotlight: Westover

A neighborhood located in Arlington, VA 22205 made up over 200 homes. Typical styles of homes in this neighborhood are Colonials built at the end of the 1930s, early 1940s, on small lots (most are within .10 to .20 acres).The majority of the properties are detached homes, but there are some duplexes scattered throughout the [...]

Washington DC Real Estate Market Update – December 2009 and Year in Review

What a year for Washington DC real estate. The followings numbers are courtesy of GCAAR. State of the Condo/Coop Market Inventory is down 22.2% from this time 2008 Average Sale Price is down from 2008, but still higher than 2006 and 2007 Number of units sold in 2009 was 2,868 – that’s 8.6% more than [...]

Falls Church, VA Real Estate Market Update – December 2009

Falls Church continues to see high numbers of short sales and bank-owned properties, in fact there were 30 in December, of the total 106 properties that sold (28.3%). So it’s no wonder prices are still lower than 2008. Detached Homes Average Net Sale Price: $484,960 after 66 Days on the Market Range: $215,000 – $1,810,000 [...]

McLean, VA Real Estate Market Update – December 2009

The McLean Virginia real estate market has been very interesting of late. Average sale prices are down just a bit from 2008 (6% for 22101 and 2 % for 22102), while the median sale price has skyrocketed from 2008 (32% for 22101 and 67% for 22102). Let’s look at the numbers: 22101 Average Net Sale Price for [...]

I Bought a House in 2009 – How Do I File For the First-Time Home Buyer Tax Credit?

The IRS has released the form (IRS Form-5405) that will be used when you file your 2009 tax return in order to claim the $8,000 tax credit. Due to the new instructions, you’ll have to do a paper return in order to claim the credit. In addition, you’ll have to attach a copy of your [...]

Arlington, VA Real Estate Market Statistics – December 2009

There were 205 properties that sold in December 2009; there were 186 in 2008. Of the 205 sold, 9 were short sales and 17 were bank-owned properties, accounting for about 12.7%. The average sales price for Arlington county condos was about 5% less than December 2008, but townhouses and detached properties were 8% and 10% [...]

Arlington, VA 2010 Tax Assessments Now Available!

Arlington County Virginia real estate is assessed every year on the 1st of January for tax purposes. Taxes are collected on June 15th and October 5th. The Arlington tax rate is currently $0.865 per $100 assessed value. To learn more about how your property value was calculated, visit the county website here. Look up your [...]

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