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Real Estate & Community News from Bryan Garcia, "Haymarket Real Estate Guy" 703-517-2574

Haymarket Homeowner


g The Big Short and our Gradual Recovery

Five Featured Properties You Don't Want to Miss Things to Do: Five Fantastic Winter Weekend Getaways & Events Community Spotlight: The New Haymarket/ Gainesville Community Library New in 2016: Homeowner Improvement & Service Directory for Small Businesses December 2015 Real Estate Summary Published by


"Haymarket Real Estate Guy" Associate Broker

EXIT Heritage Realty Haymarket, VA 703-517-2574

Haymarket Homeowner 2015 | Issue 6

Three Real Estate Predictions for 2016


ime sure does fly! It seems like yesterday I was writing my predictions for the 2015 real estate market and here we looking at the 2016 spring market ... the busiest time of the year. Last year my predictions were modestly optimistic and held true. Inventory was high in our area and sales slowed, but there was still an overall increase in home values and a healthy amount of market activity. Interest rates moved slightly, but with no major impact. Here are three predictions for 2016: 1. Interest rates on mortgages will increase. This isn’t really a prediction because the Federal Reserve already raised its key interest rate in December—for the first time in nearly a decade. It’s a sign that the economy is healing. It was a small hike but will affect home buyers and savers. This move will now put mortgage rate increases in motion, at a gradual and modest rate. In our area, an increase will affect all buyers but it may affect first-time home buyers more as they enter the market for the first time. 2. Getting a mortgage is starting to get easier. There are still stringent eligibility requirements, but lenders have eased up a bit on loan approval standards and more loans were approved last year than in recent years. Furthermore, programs are available for first-time home buyers including low downpayment options like the new Homeready Mortgage.


3. Our local real estate market will be split—part buyer’s market, part seller’s market. One of the things that affects home sales in our region is that home prices in many of our communities exceed the national average—and in many cases, the average buyer’s budget. Millennials are coming of age and according to National Association of Realtors (NAR), millennial first-time home buyers are predicted to make up the largest percentage of buyers this year. These buyers will be out there, and as I mentioned, it’s getting easier for them to get lending. Therefore, demand on homes in the $250,000 to $500,000 price range will rise and sales will increase—as they did substantially in 2015. This will give sellers in these prices ranges an advantage. As for sellers in the higher priced ranges, we have seen a gradual recovery in the housing market since 2010 (see page 2). This has given many homeowners the confidence to sell and move on. Therefore, there has been an increase in inventory in higher price ranges. There are simply more homes for sale in the higher ranges than there are active buyers. These homes are STILL selling at good prices, but as I’ve said before, the homes that are more desirable, best prepared and priced fairly are the ones that sell faster. Therefore, if inventory continues to rise, it may sway towards buyer’s market in this segment.





In the month of October 2015, Haymarket saw the HIGHEST Median Sold Price in 8 years:


The last highest was $590,000 in July 2007.


Market Watch Source: RBI Real Estate Business Intelligence

What did that house down the street sell for? Sign up for a free MARKET SNAPSHOT and find out what homes in your neighborhood sold for. You'll get an email report as often as you choose with: Sold Prices Days on the Market Listing Price vs. Sold Price New Listings Neighborhood Information Price Change Alerts and more.

g Stay Connected LIKE Haymarket Real Estate Guy on Facebook to see hot new listings, real estate market trends, Haymarket area news and more!


The Gradual Recovery in Our Area


recently had the opportunity to see The Big Short, a film by Adam McKay about the housing bubble collapse in the mid-2000s. This film is particularly relevant for many Haymarket area homeowners who have lived here for several years or bought or sold a home during this period. For some, seeing this movie stung. Home values fell more than 20% nationally from their peak in 2006 until things started to turn around a few years later. While the collapse affected millions nationwide, there has been a gradual, steady recovery. Some analysts are claiming full recovery in certain areas. However, our area—and I include Northern Virginia and D.C. Metro—was affected particularly hard in comparison to the rest of the country. To the right is a Zillow graph of the Median Sold Price of All Homes from 2006 to November 2015. The green line represents the U.S., which does show a distinct dip and rise. However, Haymarket and Gainesville (orange and yellow respectively) show a much sharper drop— more than 20%! For my real estate market watch report this issue, I am taking a close look at the housing market in Haymarket and Gainesville in terms of Median Sold Price

from 2009 to 2015. We have been on the road to recovery, but will we ever see the inflated prices of 2006? Eventually yes, depending on the house and neighborhood, but we still have a few years to go. To give you an idea of just how much prices dropped from 2006 to 2009 locally, here is the Median Sold Price for the random month of June in 2006, 2007, 2008 and 2009—a strong month for real estate: June 2006 June 2007 June 2008 June 2009

Haymarket Gainesville $608,614 $522,115 $472,387 $420,000 $418,533 $350,000 $388,913 $295,770 (ouch!)

Below is a chart showing the overall annual increase in the Median Sold Price for all home types in Haymarket and Gainesville as tracked from 2009. You will see significant differences just between Haymarket and Gainesville. A modest, but steady increase is predicted in 2016.

Median Sold Price and Percentage Change - 2009 to 2015 (Average for the Full Year for All Home Types) 2009 2010 2011 2012 2013 2014 2015 (YTD)

Haymarket % Change $375,000 $395,900 +5.5% $442,794 +11.8% $450,000 +1.6% $445,000 -1.1% $448,500 +.79% $460,000 +2.6%

Gainesville $337,000 $339,900 $360,000 $374,900 $400,000 $402,250 $407,750

% Change +.86% +5.9% +4.1% +6.7% +.88% +1.1%


Bryan Garcia, EXIT Heritage Realty | 703-517-2574


15790 Hunton Lane Haymarket, VA

8116 Willingboro Court Gainesville, VA

2803 Lookout Road Haymarket, VA

6 Bed, 4.5 Baths | 4+ Acres | 6,138 SF

4 Bed, 2.5 Baths | .20 Acres | 3,186 SF

3 Bed, 3 Full Baths | 5+ Acres | 2,898 SF

Stunning Colonial in Evergreen Farm Estates with 4 finished levels * Gorgeous built-in pool, grounds, fully stocked pond and mountain views * Traditional floor plan with character throughout in trim & fixtures * Huge home office * 3 wood-burning fireplaces * Gourmet kitchen w/many extras * Renovated baths with heated floors * Luxurious master suite with huge walk-in closet.

Charming Colonial in gated Lake Manassas on premium, cul-de-sac lot that backs to woods & golf course * Meticulously maintained by original owner * Semi-custom Winchester model with many upgrades * Lots of hardwoods * Family room with custom-built stone fireplace * Private study * Master suite with huge walk-in closet * Full, walk-up basement ready to finish.

Custom-built, cedar home on Bull Run Mountain with spectacular views * 3 finished levels * 2 story family room with wood-burning, stone fireplace and wall of windows * Kitchen with granite counters and lots of storage * Bedroom and bath on each level * Formal dining room and living room * Huge master suite with separate sitting room.

Text to: 85377 Message: M536543

Text to: 85377 Message: M542056

Text to: 85377 Message: M481617

$828,500 (sold)

$574,900 (improved)


6720 Jefferson Street Haymarket, VA

2506 Little River Road Haymarket, VA

3 Bed, 2 Full Baths | .63 Acres | 2,240 SF

3 Bed, 2.5 Baths | 1+ Acres | 2,689 SF

Adorable Farm House in downtown Haymarket is loaded with charm & character * Huge detached garage with recreation room above * Lovingly maintained by owner * Finished hardwoods * New carpet on 2nd floor * Fresh paint * Darling retro kitchen * Sunny family room with wood-burning fireplace * New windows.

Brick-front Ranch on beautifully landscaped, 1 acre lot with lovely gardens * Fenced rear yard * 2 car, side-load garage * Large, screened-in back porch * Updated kitchen and baths * Refinished oak hardwood floors * Finished lower level with wood-burning fireplace and extra finished room * Tons of storage.

Text to: 85377 Message: M542055

Text to: 85377 Message: M513698


$399,900 (improved)

$464,777 (improved)

Location! Prime Real Estate Advertising This space could be yours. If you are thinking about selling your Haymarket area home, list it with Bryan Garcia of EXIT Heritage Realty and it will be featured not only in this spot reaching 11,000 area homeowners, but on where hundreds of folks interested in Haymarket and Gainesville visit daily. Call Bryan Garcia at 703-517-2574 for a FREE Competitive Analysis.


It's that time of year

when we start to get a little restless. If you're feeling an urge to get away for a day or two, without a lot of time or travel, here are a few suggestions that may appeal to both adults and families.

DC Metro Food Tour Various Dates and Times Neighborhoods in D.C., MD and VA

A food tour is a great way to open your mind and palette to the sights, sounds and flavors of the distinct neighborhoods in Washington D.C. and surrounding regions in both Virginia and Maryland. DC Metro Food Tours, which is part of Food Tour Corp., offers a variety of culinary walking food tours that can be booked either online or by phone. The company offers a number of public tours for individuals, as well as private, customized tours. Learn from highly trained guides about the culture, architecture and history of a neighborhood while enjoying specially selected dishes from locally owned and operated restaurants. Tours include Georgetown, Adams Morgan,

mill and dessert from an award-winning bakery! Public tours are booked online through third party ticket agent Zerve, which gives you date and time options, a full description of the tour and helpful reviews from verified past customers. Links to book can be found at Learn more about Private Tours, Culinary Events, Cooking Classes, and corporate options by calling 202-683-8847, or emailing 

Virginia Wine Expo February 17 to 21, 2016 Richmond, VA

Eastern Market, Little Ethiopia, H Street, Gallery Place, Chinatown, Dupont Circle, Old Town Alexandria, Del Ray, Historic Leesburg, Manassas and more. Tours last approximately 3.5 hours and are by foot or motorcoach. Book a night at a local hotel and make it a getaway! For example, the Historic Leesburg tour ($58.00), shown above, may include housemade pasta and sausage with wine pairings, Virginia style barbecue, local seafood served in a restored 19th century

The 9th Annual Virginia Wine Expo in Richmond makes a perfect day trip or overnight for wine and culinary enthusiasts. This national destination celebrates Virginia’s and Italy’s extraordinary wines and the culinary excellence within the Richmond region. Meet the owners and winemakers  behind Virginia’s emergence as a major  international wine destination and enjoy dozens of events, including the legendary Walk-Around Grand Tastings, where you can taste and buy a wide range of wines of Virginia and Italy. You’ll also have the opportunity to taste craft beers, whiskeys and ciders as well as artisan burgers, smoked cuisine, specialty food and more.

The main expo is held at the Richmond Convention Center but specialty events are held at various locations and restaurants throughout the weekend including walking tours, wine tasting and pairing seminars as well as non-drinking tastings. You can even sign up for the Love Rox 5K, 10K or half marathon and enjoy the rewards of the expo after! Visit for schedule of events and package pricing.

Wintergreen Resort Roseland, VA

We’ve had some snow and there are still a few good winter weekends left to get a ski adventure in. Located just southwest of Charlottesville, about two and a half hours away, Wintergreen is a resort community with everything you need for a family winter getaway. I’ve been with my family a few times over the past several years and the ski conditions were very good. They do a nice job of making snow and maintaining the trails. If you don’t ski, there are still other outdoor winter sports like snow tubing and ice skating. There’s also an indoor swimming pool, a fitness center with classes, a full service spa and four restaurants to choose from. If you don’t own ski equipment you can rent there, and also book ski lessons. Accommodations include room rentals, condo rentals or full house rentals for large families or groups. Visit for more information.


Bryan Garcia, EXIT Heritage Realty | 703-517-2574

Visit Hershey Hershey, PA

Take a family trip to Hershey—it’s about a two and a half hour drive north on Route 15 (mostly). There are many hotel options but one upscale favorite is the Hershey Hotel. This resort features an indoor pool complex, fitness room, five restaurants and a luxurious spa—something for everyone. Of course the sweet attraction in town is Hershey’s Chocolate World. Take a factory tour, taste chocolate, create your own treats and shop for goodies. Coordinate your trip with a performance at the Hershey Theater (Blue Man Group from 3/15 to 3/17) or catch a Hershey Bears hockey game at the Giant Center.

Lastly, be sure to visit the highly rated Antique Automobile Club of America Museum, which houses a massive collection of vehicles set in a variety of historic scenes. Explore numerous vintage displays and interactive exhibits featuring cars, buses, motorcycles, and other automobiles from the 1890s through the 1980s. Current featured exhibits include It’s a Small World: Micro & Mini Cars through April 22nd. The kids will love the model train display and many more interactive opportunities. Photo credits (left to right): A Historic Leesburg Food Tour courtesy of Food Tour Corporation; Virginia Wine Expo tasters courtesy of Variant Events; Hershey Chocolate World courtesy of The Hershey Company; Scene from Antique Automobile Club of America Museum courtesy of the Museum.

Winterfest in Penn's Landing Philadelphia, PA

For those who are tired of the Prince William County suburban scene and spend enough time in the D.C. area, hop in the car and take a short three hour ride north to Philadelphia. Book a room at the Hilton Philadelphia at Penn’s Landing, they always run special offers and packages. Just steps from the hotel is the annual, family-friendly Waterfront Winterfest held through March 6th. It transforms Penn’s Landing into a winterized riverfront park featuring an Olympic-size skating rink (Blue Cross RiverRink), which overlooks the Delaware River. Warm up in the cozy Lodge with ski chalet-style heated tents, comfortable seating, indoor fireplaces and a tasty menu. Grab a hot chocolate, craft beer or cocktail while you relax after skate. While you're in Philadelphia choose from all sorts of fun things to do. Walk to the Independence Seaport Museum or take a quick ride over the Ben Franklin Bridge to the Adventure Aquarium in Camden, a family favorite. Historians may like the Liberty Bell, Betsy Ross House or Independence Hall. Shop on the popular South Street, just two miles from the hotel, or take in the Philadelphia Museum of Art, one of the largest museums in the country.


Now Open! The New Haymarket/Gainesville Library


he new Haymarket/Gainesville Community Library officially opened on October 22, 2015 and it is fantastic! This wonderful new addition to the community is conveniently located on Lightner Road and Route 15 near Mountain View Elementary, and is open seven days a week. The recently adopted new vision of the Prince William County Library System is to create a viable, visible and valued part of the community. This new library should certainly achieve that. You can smell the ‘newness’ as you enter this 20,000 square foot, state-of-theart facility characterized by contemporary design features, circular angles, soaring ceilings and huge windows that allow sunlight to spill in everywhere. The new library offers traditional services, as well as newer web-based services and self check-out. Patrons have access to several large screen Dell computers, printers, copy machines, wireless internet and plenty of table top charging stations. There is a bright and cheery children's reading room with activity space, meeting rooms that can be reserved by private groups, a quiet study room and a well-stocked periodical section. Also on location is the The Bushy Park Historic House (shown on right) . This farmhouse was actually moved to the

library site from another local, historical landmark and has been restored and modernized. It will be used to interpret the history of the region and will also serve as a reading room and special place to host community events. While still growing, the collection of materials here is all new. Gently used book donations to the library system are always welcomed. They are channeled through the Friends of the Library and sold at book sales, in which proceeds help fund the many library programs and special events. Volunteer opportunities may also be available. Volunteer positions can include various tasks including clerical work or improving technology outreach. To learn about volunteer positions at the library, visit under Community & News. There is an online application. This new library will surely be a beneficial hub to our community.

Programming for children and teens includes Baby and Preschool Storytimes, PAWs Reading to Dogs, Chess Club and History Readers Club. There are also adult programs like the monthly Great Beginnings Book Club and Tabletop Thursday—with social modern tabletop games. Special events will also be scheduled year round. To get current information sent to your email, sign up for the library newsletter at the link:

Wholesale Nursery & Paver Liquidators Serving Residents and Contractors Products include: * Mulch * Grass Seed & Fertilizer * Sod * Soil * Straw & Netting * All types of Shrubs & Trees: Annuals, Azaleas, Maples, Holly, Dogwoods, Magnolia, Cherry ... * Concrete & Masonry Supplies * Pavers * Wall Block *Palletized Natural Stone * Bird Feeders & Seed & more ...

$250 Off

A $1,500 purchase of Paver and Wall Products with promo code: HaymarketHomeowner

Hours: M-F: 7 am to 5 pm; Sat: 7 am to 12 pm (Spring hours begin in March)

Not good with any other offers or prior purchases. (Expires: 4/15/16)

Free Delivery

(with Minimum Purchase)

540-341-4006 4208 Lee Highway Warrenton, VA 20187

Fencing for a Lifetime To fit any style, function or budget QUALITY • RELIABILITY • SERVICE

Know Before You Buy Save time and money with a comprehensive property history report of damage, building permits, fire incidents and more.

Your First Property History Report is now FREE! ALUMINUM FENCE



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FENCES: Wood • Chain-link • Vinyl • Privacy • Decorative • Ornamental • • Aluminum • Driveway Gates • Control Gates & More! CUSTOM FABRICATION: Weldings • Railings • Interior Gates


with any Fence Job of 150 Ft. or more (a $150 Value!) Not valid with other offers or previous purchase.

Why Beitzell Fence? ✔ Free Consulation Gives you Knowledge ✔ We Build Quality, Long Lasting Fences ✔ 30 Years of Service in the Community ✔ Any Style of Fence to Fit Your Budget ✔ High-quality Materials ✔ Excellence in Workmanship


Let us do the shopping for you. Stover Insurance Agency is one of the leading insurance agencies in the Northern Virginia area.

14950 Washington St. Suite 104 Haymarket, VA 20169



Do Your Customers Live in Haymarket and Gainesville?


aymarket Homeowner mails to the homes of approximately 11,000 Haymarket and Gainesville residents in upscale homes and communities. If these are your potential customers, Haymarket Homeowner is a great way to reach them. In our next issue—Spring 2016—we will be introducing our Homeowner Improvement & Service Directory. It will be included in this newsletter with a dedicated section that lists local businesses who serve Haymarket area homeowners. This is a cost-effective alternative to display advertising and can be effective for small businesses or sole proprietorships. A business listing includes: • Business Name • Address (if applicable) • Email Address • Website URL

We have been styling the

Haymarket community for 30 years. Call to schedule an appointment or just stop by ... walk-ins are welcome! Get 10% OFF your next color & cut when you mention Haymarket Homeowner (Expires 4/15/2016)

Coming in 2016!



This Business Directory will ALSO appear on with URL LINKS to websites if applicable ... at no additional charge!

* His & Her Cuts * Color & Highlights * Karatine Smoothing * Perms * Blow Dry & Style * Facials * Waxing Gift Certificates Available

HOURS: M-W-F: 9 to 6 14950 Washington Street, Haymarket T-TH: 9 to 8 (Corner of Jefferson & Washington) SAT: 8 to 4 CLOSED SUNDAY


There are many types of home improvement businesses that can benefit from a Listing. Categories may include: • Cleaning Services • Construction/Contracting • Eco-Friendly & Green Solutions • Health & Personal Services • Home Inspectors & Appraisers • HVAC • Interior Design & Decorating • Landscaping • Masonry • Painting • Pest Control • Plumbing • Pools & Ponds For pricing and more information about advertising in Haymarket Homeowner, contact Bryan Garcia at 703-517-2574 or email Bryan at

Celebrate with Experience & Taste Fabulous food is just the beginning. From business receptions and galas to intimate parties at-home, À la Carte has spent over a decade helping Washingtonians celebrate in style. We will orchestrate your perfect event, personalized down to the last creative detail. C ATERING + E VENT D ESIGN


Haymarket Homeowner Newsletter 3.5x4.75 1-2015

Haymarket Self Storage We take pride in being a neat and clean business, and we offer the best rates in town! • Family-Owned • Moving Supplies • Gated & Secure

• Climate Controlled Units • RV & Boat Storage • Insurance Available

When you’re ready to move, we’re ABLE to move you. Able Moving & Storage, Inc. is a full service moving company specializing in residential and commercial moves. With over 50 trucks, 150 full time employees, and over 100,000 square feet of state-of-the-art warehouse facilities, Able can help you with any of your moving needs. Please call us at 703-330-3772 for a “Free Written Estimate”, and be sure to mention Haymarket Homeowner.

Visit our website: 703-754-0445 Dave Wolf, Property Manager Email: 6600 James Madison Highway, Haymarket, VA (behind Food Lion)

Ask About Special Discounts & Services for BRYAN GARCIA Clients

WORKING WITH  ONE  OF  THE  AREA’S  TOP   LENDERS  HAS  ITS  ADVANTAGES George Mason Mortgage Is The Right Choice For: Home Buying • Renovating • Building • Refinancing

In-­house Underwriting,  Processing  and  Closing.    Need  to  close  problem! Robin Farrell

Senior Loan Officer NMLS#: 500330

7454 Limestone Drive | Gainesville, VA 20155

Phone: (703) 680-­1910 Cell: (540) 222-­9279 Email:

Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.


December 2015 Real Estate Sales Here are the December 2015 real estate sales results for ALL home types in Haymarket and Gainesville along with the percentage of change from the same month last year:

December 2015



Median Sold Price % Change from December 2014

$490,000 +11.8%

$385,000 -8.3%

DOM (Average Days on Market) % Change from December 2014

101 +11%

49 -9.3%

Number of Properties Sold (Home Sales) % Change from December 2014

31 -22.5%

47 -2.1%

How much did that house down the street sell for? It's easy to find out, just ask. Bryan Garcia will email you a free, up-to-date MARKET SNAPSHOT for your neighborhood with: •

Full DETAILS about all the homes for sale,

The homes that RECENTLY SOLD and the PRICES they sold at,

Neighborhood and school information,

PRICE CHANGES and more ...


Haymarket Homeowner is published bimonthly by Bryan Garcia, Realtor®. It is printed and mailed to over 11,000 households in Haymarket and Gainesville, Virginia. For information about advertising or articles, contact © Copyright 2016 Bryan Garcia | Exit Heritage Realty. This information is solely advisory, and should not be substituted for legal, financial or tax advice. Real estate market information is obtained from third party sources. Publisher is not liable for accuracy of any data or statistics. If your home is currently listed with another broker, this is not intended as a solicitation of that listing.

Visit to sign up.




Contact me to learn more

Call 571.332.6575 © 2014 EverBank. All rights reserved. 15ERM0025.08. EverBank NMLS ID: 399805.

Curtis Scott Home Lending Sales Manager NMLS ID: 659506

Quality Construction Honest Service Great Value

Home Care Contracts Basement Finishing Custom Stone & Paver Patios Sunrooms

Make the right decision when it comes to caring for or improving the quality of your home.

Decks Concrete Landscape Curbing Kitchen Remodels Bathroom Remodels

n In business since 1995

n Can perform projects of all sizes

n Class A contractor licensed in four states n Installer for the nation’s largest home improvement retail store n Free consultations

Window Installation Door Installation Custom Built-in Bookshelves, Cabinets & Libraries Theater Rooms

(571) 375-1700

14720 Flint Lee Road, Chantilly, VA 20151 Office: 571-375-1700 Email:



BRYAN GARCIA Associate Broker EXIT Heritage Realty



15030 Washington Street Haymarket, VA 20169 703-753-9100 Independently Owned and Operated

Real Estate & Community News from Bryan Garcia, "Haymarket Real Estate Guy" 703-517-2574

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Haymarket Homeowner 2015 | Issue 6  

Upscale and luxury living in the Haymarket and Gainesville, VA area of Prince William County and Northern Virginia. Real estate market trend...

Haymarket Homeowner 2015 | Issue 6  

Upscale and luxury living in the Haymarket and Gainesville, VA area of Prince William County and Northern Virginia. Real estate market trend...