Sun Gazette Fairfax, Real Estate Guide, April 12, 2018

2018

G R E AT FA L L S • M C L E A N • O A K T O N • T Y S O N S • V I E N N A

REAL ESTATE GUIDE

8142 OLD DOMINION DRIVE, McLEAN

$ INTERNATIONAL LLC

703.459.4141

2,650,000

OFFERED BY: FOUAD TALOUT & PASCALE KARAM LONG & FOSTER®

2018 – Your Year to Make a Move?

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$775,000

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7204 Farm Meadow Court

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1270 Lamplighter Way $735,000

$1,788,000

2233 Journet Drive Dunn Loring

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11630 Quail Ridge Court Reston

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$1,775,000

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0 Tail Race Road Aldie

$2,500,000

4091 Sutherland Place Fairfax

Experience and Service - Helping Home Buyers and Sellers for Over 40 Years!

Jenny McClintock

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Bill Detty

SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

Colleen Stoltz

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$689,000

Selling? Tuck Away Some Cash to Cover the Costs U.S. homeowners spend $18,342 on average to sell their home, according to Zillow and Thumbtack’s “2018 Hidden Costs of Selling” analysis.

But for those in higher-cost markets, such as Northern Virginia, the total could go much higher.

“Even in the hottest housing markets in the country, selling a home takes time and costs money,” says Jeremy Wacksman, Zillow’s chief marketing officer. “From decluttering and staging to pre-inspections, agents and homeowners often spend months behind the scenes prepping a home – well before it’s listed on the market.”

Zillow and Thumbtack identified several common, but often overlooked, seller expenses and calculated what they would cost around the country. Since most (61 percent) of today’s sellers have never sold a home before, many of these costs may come as a surprise.

Home sellers spend more time getting their home ready to sell than it will spend on the market, with the majority (78 percent) of sellers making at least one home improvement.

Sellers who hire professional help spend $4,985, on average, to cover many basic seller-prep projects like painting, staging, carpet cleaning,

lawn care and gardening, and local moving costs.

Labor costs can vary significantly by metro. Sellers in San Jose, Calif., pay $6,580 on average, whereas sellers in Dallas pay an average of $3,720 for the same projects.

Home sellers are also responsible for agent commissions and transfer or sales taxes, which are two of the largest closing costs.

Nationally, sellers spend $13,357 on average for both costs. However, since they are percentages of a home’s sale price, sellers in pricey markets like San Jose pay much more – $74,927 on average for the median priced home, the highest of the metros analyzed.

Sellers in Indianapolis pay the least ($8,604), as home values are lower and the state has no transfer tax.

Despite low inventory in many parts of the country, sellers still encounter massive pain points. From unexpected costs to determining the right list price, three out of four sellers say it was stressful or challenging to sell their home, according to the 2017 Zillow Group Consumer Housing Trend Report. More than three in four sellers say they made at least one Continued on Page 38

AMAZING BACKYARD

VIENNA

$1,219,000 SCREENED IN PORCH

VIENNA $899,99

KINGSTREAM

HERNDON $515,000

NEW CUSTOM HOME

ARLINGTON $1,219,000

LUXURY CONDO

RESTON

$1,075,000

HEART OF ARLINGTON

ARLINGTON $299,99

INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

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Celebrate Excellence in McLean Hamlet Updated Colonial Features Light and Bright Amenities, Upgrades Galore

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ur quest for the best on the local real estate scene takes us now to the always-in-fashion McLean Hamlet, where a lovely and fully updated 1960s-era colonial awaits our inspection.

Three levels of pristine living space benefit from more than $100,000 in recent updates, providing a winning combination of classic and forward-looking.

Meanwhile, bonuses proliferate, from the gleaming hardwoods to the catering kitchen to the au-pair suite.

All this, and you have access to delightful local parks, pool and tennis facilities, and an easy commute while being set back in bucolic luxury.

The property currently is on the market, listed at $1,030,000 by Jackie Cho of McEnearney Associates.

An elegantly traditional exterior gives way to some surprises as we are welcomed in the foyer and begin our exploration.

It all kicks off in the large living room, which stretches from front to back of the home, making it perfect for entertaining a gathering in style.

The dining room, which provides vistas over the patio and rear yard, connects the living room area to the kitchen.

Wonderfully versatile, the kitchen showcases quartz countertops and cherry cabinetry, and benefits from a versatile adjacent space currently used

with the aforementioned au-pair suite.

There also is plentiful storage space, and access to the two-car garage.

Updates are showcased all over, from the new baths to the fresh carpeting in the family room and lower level.

All this, and what a location – you can walk to Spring Hill RECenter, and there is proximity to Metro, D.C. and Dulles.

For more than 50 years, McLean Hamlet has been a “go-to” community.

This week’s featured home is one of the showplaces of the neighborhood, and is well worth exploration.

Buyers are everywhere, so don’t be left behind. Go take a look today!

Articles are prepared by the Sun Gazette’s real estate advertising department on behalf of clients.

For information on the home, contact the listing agent. For information on having a house reviewed, contact the Sun Gazette’s real estate advertising department at (703)738-2521. as a breakfast room.

The informal highlight of the main level is the grand family room, with built-ins and a lovely fireplace.

The master retreat is the focal point of the second level, with plentiful bedding space, lovely views, a nice bathroom and walk-in-closet space.

Three additional bedrooms are located on the level, providing further flex-

Jackie Cho, REALTOR® 703.473.1877 JCho@McEnearney.com JackieCho.com

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SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

Facts for buyers

ibility and creativity.

The walk-up lower level provides additional amenities, starting with the large recreation room and continuing

Address: 7810 Falstaff Road, McLean (22102).

Listed at: $1,030,000 by Jackie Cho, McEnearney Associates (703) 4731877.

Schools: Spring Hill Elementary, Cooper Middle, Langley High School.

1320 Old Chain Bridge Road #350 McLean, VA 22101 | 703.790.9090 McEnearney.com

703–340–7470 | www.lexlianos.com Lex Lianos & Associates

SOLD WOW! 2017 was another record breaking year for our team. With over $50 Million in sales and more, importantly, over 180 families served! We know you have many choices when it comes to your real estate representation; we are grateful for the opportunity to help our amazing clients through the process of buying or selling a home.

If you are thinking of making a move in 2018 – Let’s talk.

Licensed in VA, MD, and DC 156 Maple Ave East Vienna, VA 22180 [O] 703-938-6070 | [C] 703-340-7470

INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

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Short-Term Rentals: MCA Voices Some Concerns BRIAN TROMPETER Staff Writer

McLean Citizens Association (MCA) board members on April 4 passed a resolution with 10 suggested improvements to a proposed Fairfax County zoning amendment that would regulate short-term-lodging rentals.

The proposed amendment would regulate rentals lasting fewer than 30 days, such as those facilitated by online companies like Airbnb, by charging permit fees, limiting the rentals’ lengths and imposing other restric-

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als would be allowed in all residential zones, but not in workforce or affordable-housing units, detached accessory structures, accessory dwelling units or temporary family-health-care structures. The proposal would not prevent homeowners’ associations from banning such rentals entirely or imposing requirements beyond any adopted by the county government.

Under the county draft, the rentals’ operators would have to be the properties’ owners or long-term renters.

Commercial events such as weddings, parties and catered dinners would be

tions.

County staff members recommended the ordinance, if adopted, should take effect Oct. 1, 2018, and have an 18-month trial period.

The ordinance would create a short-term-lodging permit that would cost $200 and be valid for two years.

Such rentals would be limited to a total of 90 days per year and allow each dwelling to have no more than six occupants per night, all of whom would have to be covered under the same rental contract.

Under the ordinance, such rent-

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$349,900

Call Eileen Summers • 703-244-3190 • Eileen Summers, Realtor® eileensummers@longandfoster.com Licensed in Virginia

Long & Foster Realtors, Inc. | 9841 Georgetown Pike | P.O. Box 97 | Great Falls, VA 22066 | 703.759.9190

prohibited unless hosted by the principal owners.

County staff estimate the county could collect $428,268 in additional transient-occupancy-tax revenue from short-term rentals. Officials based that figure on the assumption that the current 1,549 active operators would rent their dwellings for 64 nights per year at an average rate of $72 per night.

The county also would collect about $150,000 from permit fees, officials said.

But the proposed ordinance does not go far enough for MCA board members, whose resolution suggested that it: • Limit the properties’ operators to resident owners.

• Limit rentals when the owners are not present to 30 of the 90 nights and require an authorized agent to be present.

• Require that authorized agents be adults who are physically present in the county during the owner’s absence and have transportation available to get him or her to the short-term lodging within an hour, if problems arise.

Such agents also should have building-management experience, the resolution read.

• Require that when short-termlodging permits are granted or renewed, adjacent neighbors should be notified about such operations and provided with information on the properties’ emergency contacts and the county’s enforcement agency.

• Change the definition of maximum occupancy from six “adults” to six “persons,” with the possible exception of children under a certain age.

• Mandate that the rentals provide at least one parking space for every sleeping room.

• Spur the provision of more resources from the county to pay for enforcement efforts by police and the Department of Code Compliance.

• Have provisions allowing the county to cancel short-term-lodging permits if there are violations of the registration process or of other local ordinances at the site.

Some MCA board members wanted the county to enforce existing laws, which prohibit such rentals, but others said the proposed ordinance is necessary to protect the public from operations that basically are facts on the ground.

MCA board member Francesca Gutowski said she used to live across the street from an Airbnb operation in Culpeper and found it disruptive, with patrons talking loudly and strange cars constantly on the street.

“I think there’s got to be some protection on how long they rent for,” she said.

“We need to make sure we’re not opening the floodgates to problems Continued on Page 38

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SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

COMING SOON IN CLIFTON - $2,200,000 9,500+TOTAL SQFT ON A PRIVATE 5 ACRE LOT OAKTON

$1,500,000

MCLEAN

$2,890,000

$2,350,000

WINDSONG

LEESBURG

$1,250,000

RIVER CREEK

LEESBURG

$1,049,000

$2,799,000

MCLEAN

JUST LISTED!

SOLD IN 4 DAYS!

OAKTON

MCLEAN

OAKTON

$1,549,000

HANNAH HILLS LEESBURG

$1,225,000

ALEXANDRIA

$1,490,000

ALSO FOR RENT - $11,000 NEW CONSTRUCTION GREAT FALLS

$1,125,000

$1,049,000

MAYMONT

VIENNA

$1,299,000

INCREDIBLE NEW PRICE GREAT FALLS

$1,100,000

2.10+AC LOT ALSO LISTED FOR LAND

BEACON HILL

VIENNA

$2,495,000

VIENNA RENTAL $4,500

MCLEAN RENTAL $3,195

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INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

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THINKING OF BUYING A NEW HOME IN LOUDON COUNTY?

LET MY 30 YEARS EXPERIENCE AS A HOME BUILDER AND REAL ESTATE BROKER HELP GUIDE YOU THROUGH THE PROCESS AT NO COST TO YOU

BART REYNOLDS 703.966.5079 CITY & SUBURBAN HOMES

Spring is FINALLY HERE... and so are a few AMAZING HOMES!!

MCLEAN HUNT – JUST LISTED OPEN SUNDAY APRIL 8, 1-4

1219 Old Stable Road, McLean

A one of a kind design ~ Artfully renovated throughout the years, this treasured Modern Colonial is nestled within a quiet enclave of a few homes and surrounded by stunning ornamental trees and manicured gardens. Adjacent to neighborhood parkland, this spacious 5+bedroom 3 ½ bath home is so light and bright and boasts a dramatic Architectural design bringing the heart of the home together in this splendid open floor plan! Wait till you see!

WOODHAVEN - JUST LISTED

OPEN SUNDAY APRIL 15, 1-4

8609 Brook Rd. McLean

Vacation living at it's best! From an indoor sauna, to a wine cellar to your own private tennis/sports court to a beautifully landscaped pool, there is no reason to leave home when you have it all!! Super convenient location within McLean and offering over 7000sq.ft! This amazing French Provincial home is a true classic and offers the most amazing features throughout! $1,888,000

LANGLEY OAKS - COMING SOON END OF APRIL

A true classic colonial home will soon be available in the ever so popular Langley Oaks Neighborhood! This super light and bright 5+ bedroom 3 1/2 bath Classic Colonial has been fully renovated top to bottom with the inest of materials and attention to every detail. Walk to the Potomac & Langley High School and the many local sporting ields and parks!

MCLEAN HAMLET - READY TO GO RENTAL!

All spruced up and READY TO RENT! This immaculate McLean Hamlet home has been beautifully maintained throughout the years and is located within one of McLean's most family friendly neighborhoods complete with sidewalks, streetlights, a neighborhood Swim & Tennis Club and it's very own private walkway to Spring Hill Elementary School! All New Appliances $3850 mo

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SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

New Homes: Sales Down Slightly Across the U.S. Sales of newly built, single-family homes remained virtually unchanged, inching down 0.6 percent in February to a seasonally adjusted annual rate of 618,000 units after upward revisions to the January, December and November reports, according to data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

“New-home sales are at a steady level, which is consistent with our measures of solid builder confidence in the housing market,” said National Association of Home Builders chairman Randy Noel, a custom-home builder from LaPlace, La. “As housing demand grows, builders need to manage increasing costs for labor, lots and building materials to keep their homes competitively priced.”

“The recent upward revisions to the sales numbers reflect our forecast for a gradual strengthening of the single-family housing sector in 2018,” said NAHB chief economist Robert Dietz. “Demographic tailwinds point to higher demand for single-family homes in the months ahead. Combined with solid job-market data, we expect more consumers to enter the housing market this year.”

The inventory of new-home sales for sale was 305,000 in February, which is a 5.9-month supply at the current sales pace. The median sales price of new houses sold was $326,800.

Regionally, new home sales rose 19.4 percent in the Northeast and 9 percent in the South. Sales decreased 3.7 percent in the Midwest and 17.6 percent in the West.

Spending on residential remodels will continue to grow at a modest pace in the next two years, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the International Builders’ Show in Orlando.

Professional remodelers from around the country agreed with the forecast, citing increased consumer confidence.

“We’re not only seeing more requests for proposals, but more committed projects from homeowners,” said Steve Cunningham, a remodeler from Williamsburg, Va. “In addition to regular updates and repairs, there’s been an uptick in more ambitious large remodel requests.”

NAHB predicts that remodeling spending for owner-occupied single-

family homes will increase 4.9 percent in 2018 over 2017 and an additional 0.6 percent in 2019.

“Remodeler confidence has stabilized at a positive level, as remodeling spending topped $152 billion in 2017,” said 2017 NAHB remodelers chair Dan Bawden, a remodeler from Houston.

“There is steady demand around the country, but the cost of labor and materials is challenging remodelers’ ability to meet that demand.”

“NAHB estimates that real spending on home improvements will grow by nearly 5 percent in 2018, as belownormal rates of home-building are creating an aging housing stock,” said Paul Emrath, NAHB vice president for survey and housing policy research.

“Factors inhibiting stronger growth include the ongoing labor shortage and rising material prices.”

Remodeling: Spending Is Expected to Stay on Track

Existing Homes: U.S. Sales a Mixed Bag to Start 2018 Pending home sales snapped back in much of the country in February, but weakening affordability and not enough inventory on the market restricted overall activity compared to a year ago, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, grew 3.1 percent to 107.5 in February from a downwardly revised 104.3 in January.

Even with last month’s increase in activity, the index is 4.1 percent below a year ago.

Lawrence Yun, NAR’s chief economist, says the housing market has gotten off to an uneven start so far in 2018.

“Contract signings rebounded in most areas in February, but the gains were not large enough to keep up with last February’s level, which was the second highest in over a decade,” he said. “The expanding economy and healthy job market are generating sizeable home-buyer demand, but the miniscule number of listings on the market and its adverse effect on affordability are squeezing buyers and suppressing overall activity.”

For the year, Yun now forecasts for existing-home sales to be around 5.51 million – flat from 2017. The national median existing-home price is expected to increase around 4.2 percent. In 2017, existing sales increased 1.1 percent and prices rose 5.8 percent.

McENEARNEY ASSOCIATES IS PLEASED TO WELCOME

JOA N REIMANN TO THE McLEAN OFFICE 20M+ Top Producer Licensed in VA I DC Specializing in Vienna, Oakton & Oak Hill

*Sold 11005 Sweetmeadow Drive, Oakton, VA 22124 - Represented Buyer

Joan Reimann, Luxury Specialist McEnearney Associates is pleased to welcome our newest colleague, Joan Reimann, to our McLean office. As a top producer, Joan has built a steady following in Northern Virginia by providing an exceptional client experience with concierge level service. She is well known for her savvy negotiating skills, and her ability to tenaciously protect her clients’ interests. Joan is an Accredited Staging Professional (ASP), and brings highly-customized, proven expertise to each property she represents. She enjoys putting her personal stamp on clients’ homes to ensure they have that “WOW” factor. To learn more about Joan’s award winning service, contact her at 703-505-JOAN(5626) or Joan@JustPhoneJoan.com.

*Sold 10003 Oakton Plantation Court, Vienna, VA 22181 - Represented Seller

*Sold 2905 Taj Drive, Oakton, VA 22124 - Represented Seller

*Sold 2606 Lasswade Lane, Oakton, VA 22124 - Represented Buyer

1320 Old Chain Bridge Road, McLean, VA 22101 I 703 790 9090 I www.McEnearney.com

*These transactions occurred while Joan was an agent at Long & Foster Real Estate

INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

9

Style, Exceptionality on River Bend Road

Great Falls Home Is Augmented by Guest House and Office/Studio Space

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ere this week’s featured property – a lovely Great Falls charmer on 2 acres – to consist solely of the main house, it would be well worthy of consideration.

But the home comes with bonuses galore, including a large guest house and a separate structure that works well as a home office, studio, gym, hobby area . . . just to name a few of the possibilities.

And when you add to this the lush landscaping and mature specimen trees (with glorious outdoor lighting throughout), this home decidedly rises to “mustsee” status.

The original-owner property currently is on the market, listed at $1,799,900

by Robert Fitton of Casey Margenau Fine Homes and Estates.

Open and airy, the main level of the estate home proffers plentiful opportunities for both daily living and entertaining in style.

There is a touch of the traditional – the living and dining rooms flanking the gracious foyer, for instance – but also a modern feel, with the large kitchen area opening to the family room (with fireplace) and the adjacent screen porch, which provides access to a lovely, large deck that overlooks the domains.

Upstairs, the master retreat takes pride of place, with a large bedroom

rooms. Talk about flexibility.

But wait . . . there’s more!

The bonus building provides plentiful space for whatever you see fit. Make it your workout HQ, or your yoga retreat, or a home office/studio. The call is yours to make.

Overall, the property is in turnkey condition, and all three buildings have a back-up generator.

All this, and you have easy access to all the delights of Great Falls and River Bend Park plus a quick trip to Tysons, Reston, McLean, Arlington, D.C. and more. A true retreat, but one that’s close-in; that’s what we call a winner.

Articles are prepared by the Sun Gazette’s real estate advertising department on behalf of clients.

For information on the home, contact the listing agent. For information on having a house reviewed, contact the Sun Gazette’s real estate advertising department at (703)738-2521. area (with dormer windows over the front); a lovely bath; and plentiful closet space.

Three additional bedrooms can be found here, one en-suite and the other two sharing a buddy bath. There also is a versatile laundry area that provide space for additional endeavors.

Additional bonuses await us in the

lower level, including a large recreation room and a number of bonus rooms, along with plentiful storage space and a bathroom.

The guest cottage features nearly 1,500 square feet of space over a single level, with amenities that include a lightfilled living room; sun room; comfortable kitchen; and not one but two bed-

Facts for buyers Address: 316 River Bend Road, Great Falls (22066).

Listed at: $1,799,900 by Robert Fitton, Casey Margenau Fine Homes and Estates (703) 851-2600.

Schools: Great Falls Elementary, Cooper Middle, Langley High School.

Over 2.5 Billion Sold

KNOWLEDGE 10

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SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

EXPERIENCE

|

TRUST

“Changing peoples’ lives one client at a time.”

www.chrisfraleyhomes.com

634 Innsbruck Ave • Great Falls $7,175,000.00

1215 Stuart Robeson Dr • McLean $1,750,000.00

414 Walker • Ashburn $1,400,00.00

9100 Eaton Park Road • Great Falls $1,525,000.00

9900 Phoenix Lane • Great Falls $1,599,000.00

12025 New Dominion Parkway Reston $2,700.00

Chris Fraley

PRINCIPAL CHRIS FRALEY AND ASSOCIATES

Direct: 703.217.7600 chrisfraleyhomes@gmail.com

9710 Fringe Tree Road • Great Falls $650,000.00 2+ Acres

6820 Elm Street. McLean, Virginia 22101 Each office is independently owned and operated.

2750 Copper Creek Rd • Herndon $799,000.00

INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

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ONE OF THE HIGHEST PRODUCING TEAMS IN THE COUNTRY W

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1336 Potomac School Road, McLean $2,750,000

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9403 Lagovista Court, Great Falls $1,350,000

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9081 Eaton Park Road, Great Falls $2,750,000

7841 Montvale Way, McLean $2,680,000

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2419 Little Fox Lane, Vienna $3,990,00

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7700 Burford Drive, McLean $1,799,000

10406 Chelsea Manors Court, Great Falls $1,645, 000

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SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

921 Mackall Avenue, McLean $4,850,000

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9410 Lagovista Court, Great Falls 1,325,000

1528 Forest Villa Lane, McLean $2,999,000

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1111 Crest Lane, McLean $2,999,999

Overall: Housing Activity Continues to Improve in Majority of Metro Areas Across United States Overall housing and economic activity in metro markets across the nation remained on a gradual, upward trend in the fourth quarter of 2017 even as permit activity remained a stubbornly lagging indicator, according to the National Association of Home Builders/First American Leading Markets Index (LMI).

“While the home-price appreciation and employment components of the LMI are at healthy levels and continue to expand, we are concerned with the sluggish permit activity,” said NAHB chief economist Robert Dietz.

“The weak permit numbers indicate that builders may be hesitant to start projects as they contend with supplyside hurdles, such as rising material prices and labor shortages.”

“This report shows that the overall housing market is moving forward at a gradual pace, with the fastest growing metro areas mostly in the South and West,” said NAHB chairman Randy Noel, a custom home builder and developer from LaPlace, La. “Continued economic growth, rising consumer demand and a pro-business political climate should keep housing on an upward trajectory in 2018.”

Markets in 195 of the 337 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity by the fourth quarter of 2017. This represents a year-over-year net gain of 25 markets.

Meanwhile, 82 percent of markets have shown an improvement year over year.

Two of the three individual components of the LMI registered healthy readings. Employment is at 98 percent of normal activity and home price levels are well above normal at 158 percent. However, single-family permits are running at only 56 percent of normal activity.

In an encouraging sign, employment levels are at or above normal activity in 128 markets – an 8.5-percent rise over last quarter. Permit levels, on the other hand, are at or above normalcy in only 62 markets and dropped 7.5 percent from the third quarter of 2017.

“The number of markets on this quarter’s LMI at or above 90 percent has risen to 274 – more than 81 percent of all metro areas,” said Kurt Pfotenhauer, vice chairman of First American Title Insurance Company,

While the Sun Gazette puts out four real estate guides in a given year, we have all the news of the local, state and regional homes market for readers regularly in the paper and online. Enjoy coverage no matter the time of year!

which co-sponsors the LMI report.

“This shows that the overall market continues to make modest but consistent gains.”

Baton Rouge, La., continues to top the list of major metros on the LMI, with a score of 1.71 (71 percent better than its historical normal market level). Other major metros leading the group include Austin; Honolulu; Oxnard, Calif.; and Provo, Utah. Rounding out the top 10 are San Jose; Nashville; Spokane, Wash; Los Angeles; and Salt

Lake City.

Among smaller metros, Odessa, Texas, has an LMI score of 2.15, meaning that it is now at more than double its market strength prior to the recession. Also at the top of that list are Midland, Texas; Walla Walla, Wash.; Florence, Ala.; and Gadsden, Ala. As part of the report, approximately 340 metro areas are scored by taking their average permit, price and employment levels for the past 12 months and dividing each by their

annual average over the last period of normal growth.

For permits and employment, both the 12-month average and the annual average during the last period of normal growth are also adjusted for the underlying population count. For single-family permits and home prices, 2000-03 is used as the last normal period, and for employment, 2007 is the base comparison. The three components are then averaged to provide an overall score for each market.

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Q&A: Do Schools Matter for Prospective Buyers?

DAVE FACINOLI Staff Writer

How much importance do buyers place on school districts when looking to purchase a home? And are most buyers aware that school-boundary areas aren’t set in stone, but can change over time?

The Sun Gazette surveyed some top real-estate pros across the region for their views: Lilian Jorgenson, Long & Foster: “Buyers are most definitely looking for a certain school district. They seem to have done their research and know exactly what they want. They are really not always aware the district might change, I believe.”

Casey Samson, Samson Properties: “School districts make all the difference. It can increase or decrease a buyer pool dramatically. In Vienna, there is a $50,000 swing in lot prices depending on the elementary school.

We had a large home in a poorly-rated school district sell for $200,000 less than the same size home in a top-rated district less then three miles away.

School districts are important even if buyers do not have kids in public schools. The lower the school rating, the less expensive the homes.”

Carol Ellickson, Sotheby’s International Realty: “Most buyers come to me from all over the country with

a pretty good idea of what school system they would like to be in. They have already done their research. I would think they would know that school districts can change over time, but it is not a quick and easy process.

There is usually enough press beforehand to let buyers know there may be changes. The changes do not come quickly.”

Lori Shafran, Yeonas and Shafran Real Estate: “That’s one of the top questions we answer, and it’s a reasonable question for buyers. They should have the right to know. So we endorse what we have in the market area, refer to online resources like www. greatschools.org, and suggest they be resourceful – visiting schools and talking to school administrators.”

Casey Margenau, Casey Margenau Fine Homes & Estates: “If buyers are school-driven, it will matter and they will chase the good school districts. If not, it will not matter. It’s more about value, because the school district can drive the value of a home.

Even if you don’t have kids, a buyer might still want a good school district.”

Barbara Lewis, Washington Fine Properties: “Opinions change and buyers have been making their own decisions based on lots of available information. It is interesting that when Colvin Run Elementary School was be-

I have been selling and buying homes for 42 years and Carol is the best agent I have worked with ever!

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www.ArlingtonHouses.com carol@ArlingtonHouses.com

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SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

ing built, a lot of parents did not want their children going across Leesburg Pike to attend school. Now, that is one of the most popular schools. Most buyers consider the school choices, but usually the features of a house are the major driving factors.”

Archie Harders, Long & Foster: “Federal guidelines prohibit me from giving my clients a personal evaluation or comparison of school districts.

In recent years, however, I have been able to provide several Web-site addresses to buyers looking for hard data and opinion. Specifically in Arlington, where an important rating Web site has just changed its opinion radically, I find that buyers are well-informed.

Internet access has also demonstrated to them that districts are fluid.”

Susan Joy, Long & Foster: “Buyers are very sensitive to school districts.

Buyers preparing to spend more than $1 million for a home are not prepared to compromise on the school district.

I find it is the buyers with middle- and high-school students who are more specific in which districts they will and will not purchase. I hear growing dissatisfaction about the number of classroom trailers and the increased class sizes. “ John Mentis, Long & Foster: “Buyers of single-family homes tend to care more because they have children or they tend to have children. The timing of the children comes into play. Those who don’t have children like being in a highly-rated school neighborhood because it helps with the selling price.

I don’t see buyers too much aware that districts can change over time.”

Jane Price, Weichert: “Most folks who are buying a home are well aware of various school districts and have very strong preferences. Even those who do not have school-aged children are often specific about what districts they want to consider buying a home in, because of their perception of different resale values that certain districts may have. I always remind them that school districts can change, just to make sure they are not surprised if this happens.”

Diane Lewis, Washington Fine Properties: “Many buyers do research on schools before they start looking at homes, and it is definitely a factor in their decision. Most are aware that districts can change, but this is not a huge concern, because the neighboring schools are still good. “ Julia Avent, Re/Max by Invitation: “Some buyers will rent a home or an apartment to be in the school district they want if they can’t buy or afford a home they want in that area.

I find many buy for the neighborhood or location, because they already are putting their kids in private schools.”

Eli Tucker, Eli Residential Group: “School districts and commute influence home prices more than anything

else. Even buyers without kids place a moderate level of importance in school districts. I find that most buyers who are aware that boundaries and ratings can change in the future still rely heavily on the current state to make their purchase decisions. GreatSchools.org recently changed their grading system and it brought most schools in Arlington down by one to two points. I’m very curious how it will impact home prices in the top rated school boundaries.”

Debbie McGuire, Keller Williams: “Schools are very important to buyers.

They are always looking up the ratings on GreatSchools.com. We encourage them to go by the school and meet the staff. They are usually very aware of the school districts, and know that they can change in growing areas like Loudoun County. Homes in the most popular school districts can demand higher prices. That said, there is a market for almost all of the schools, as long as the homes are priced to the market in the area. Many times the move-up buyers are moving for schools. “ Rob Ferguson, Re?Max Allegiance: “It depends on the ages of the buyers sometimes and whether they have kids, but schools districts are a very big factor for most people.

Younger buyers not having kids right away looking at condos, schools aren’t as important. So much of real estate is tied to investments. If a home is in a good school district, that is a good investment.”

Gloria Adams, TTR Sotheby’s International Realty: “I had six offers in one weekend at one recent open house because the house was in a specific high-school district. Buyers want to be in certain school districts, and will leave one area for another because of that. Buyers do their homework about what are the best schools.

Every agent deals with this.”

Steve Wydler, Wydler Brother Real Estate: “For some buyers, schools drive everything, especially if a school has a special resource. There are usually general parameters buyers are looking for and want to stay within regarding schools. A property with a better school system has a better value.”

Cindy Kacher, Curtis Ventures LLC: “As a builder of spec homes in North Arlington, it’s important for me to develop properties in good school districts. I never know who my buyer will be. Even if schools aren’t utilized by my buyers, the appreciation and resale values are solid. I live and build in 22207 where I know the reputation for good schools.”

Donna Moseley, TTR Sotheby’s International Realty: “Most buyers are very conscious of the importance of school pyramids and districts. We encourage them to research schools Continued on Page 16

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INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

15

Survey Says: Idaho Was Fastest Growing in 2017 Idaho was the nation’s fastest-growing state over the last year, according to new Census Bureau data, with its population increasing 2.2 percent to 1.7 million from July 1, 2016, to July 1, 2017.

Following Idaho for the largest percentage increases in population were Nevada (2 percent), Utah (1.9 percent), Washington (1.7 percent) and Florida along with Arizona (1.6 percent).

“Domestic migration drove change in the two fastest-growing states, Idaho and Nevada, while an excess of births over deaths played a major part in the growth of the third fastest-growing state, Utah,” said Luke Rogers, chief of the Census Bureau’s Population Estimates Branch.

With an estimated population of 8.47 million, Virginia’s yearover-year population growth was 0.7 percent.

The U.S. population grew by an estimated 2.3 million between July 1, 2016, and July 1, 2017, representing a 0.72-percent increase to 325.7 million.

The population of voting-age residents (adults age 18 and over) grew to 252.1 million (77.4 percent of the 2017 total population),

and 2017, making it the first drop since 2012-13, but still addIdaho is Nation’s Fastest-Growing State ed just over 1.1 million people.

Population Change From July 1, 2016, to July 1, 2017 California remained the most populous state in the nation in Percent population change Percent change by region July 2016, with an estimate of AK Northeast 0.2 Greater than 2.0 39,536,653 residents. Texas was 0.5 to 2.0 Midwest 0.3 second (28,304,596), followed 0.0 to 0.4 South 1.0

by Florida (20,984,400). RoundPopulation loss 1.0 West ing out the top 10 were New York, Pennsylvania, Illinois, Ohio, George, North Carolina and Michigan.

Texas had the largest growth in raw numbers, with its population growing an estimated 399,734 in the year ending July 1, 2016. Florida added 327,811, while California brought in 240,177.

Eight states lost population between 2016 and 2017, with Illinois having the largest numeric decline, losing 33,703 people (a relatively small percentage change compared to its populaHI tion of 12.8 million). Wyoming had the largest percentage decline (1 percent).

Source: Vintage 2017 Population Estimates States in the South and West www.census.gov/programs-surveys/popest continued to lead in population growth. In 2017, 38 percent of the nation’s population lived in an increase of 0.93 percent from 2016 Net international migration dethe South and 23.8 percent lived (249.5 million). creased 1.8 percent between 2016 in the West.

WA

MT

ME

ND

MN

OR

VT

ID

SD

WI

MI

WY

NV

OH

IL

AZ

DE

VA

KY

DC

NC

TN

OK

AR

SC

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IN

CO

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PR

Q&A: Do Schools Matter for Prospective Buyers?

Continued from Page 14 using search engines. Even for those buyers who do not have school-age children, we do remind them that, at some point when they decide to sell, schools will most likely have an impact on the future sale of any home.

We encourage them to stay current on county decisions that impact them.”

Mark, Middendorf, Long & Foster: “Buyers definitely look at schools, even if they don’t plan on being in a house very long or their kids won’t be old enough yet to attend those schools, because of the resale value.

Absolutely.”

Dawn Wilson, Keller Williams: “Buyers with children definitely focus on school districts if they plan on using the public schools. It is most likely their number one concern. They are usually also concerned about the individual schools within the district. However, some are looking at houses years before their children are in school. I let them know that the school zones for individual schools can change, and even though they are focused on a particular school now, that school may not be a great fit for their child’s personality, educational interests or educational needs at the time they are going to go.”

Dean Yeonas, Yeonas and Shafran Real Estate: “Often times buyers are

16

going to be very focused on schools.

There are premiums associated with various school districts. Even buyers without kids ask this question. There are more preferred school districts buyers will play more for – anywhere from 2 to 4 percent more, maybe. If it’s not in a preferred school district, a property can sit on the market a little longer.”

Ann Wilson, Keller Williams: “I have found that even buyers who don’t have children always want to know what are the best school districts. They are always worried if they will remain in the same school district.”

Karen Briscoe, Huckaby, Briscoe, Conroy Realty Group, Keller Williams: “There is a very strong correlation that schools have an impact on buyers and the value of a home.

Schools can impact property values.

Absolutely. Sometimes people will move out of a school district to get into one they believe is better.”

Jack Shafran, Yeonas and Shafran Real Estate: “Schools are very important. Purchasers usually have preconceived ideas about the districts they want to attend even before they look to buy. If they will attend private schools, the districts aren’t as big of a deal. Condo buyers might not be as specific on schools.”

Joan Stansfield, Keller Williams:

SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

“Our first-time home-buyers typically don’t place any value on schools or ratings, as they do not yet have a family. Since they typically only live in their first home for three to five years, it’s when they move up to their next home, and after having children, it becomes their focus. Our buyers with families will usually lead their search around school districts they prefer - and they are usually aware of redistricting and have already researched that possibility before they purchase their homes.”

Mike Highman, Acquest Realty: “The degree of emphasis that buyers have that I represent concerning school districts varies. A majority with school-aged kids do have a set criteria for the school district associated with properties. On the other hand, just-married Millennials and emptynesters are more interested in their needs than kid needs. Homeowners with kids who have been in school for three or more years have some sense of potential school-district change. “ Betsy Twigg, Washington Fine Properties: “It varies. If buyers have children, schools almost always come up. It’s a major topic of conversation.

For buyers without kids, it doesn’t always matter as much. For resale value, any buyer wants to be in a good school district, and Arlington has that.”

Craig Mastrangelo, Re/Max Alle-

giance: “While this specific interest is mostly home buyers with school-aged children, I find a large percentage of buyers pay close attention to the schools a home serves. I don’t know if buyers are as concerned with annual rankings moving forward. This may be that they won’t be in the home longterm or that their opinion is a particular district rankings won’t change significantly in a few years.”

Natalie Roy, Keller Williams: “Schools are right up there in musthaves as number of bedrooms and proximity to Metro. I encourage clients who have schools as a top criteria to do to their homework to ensure they are in the district they want. I tell clients that none of us have a crystal ball, and that it is impossible to know what school boundaries will look like in 10 or even five years.”

Marybeth Fraser, Keller Williams: “Once a location is decided, certain home buyers express school quality and proximity to schools as deciding factors in their home purchase. My experience has shown that some are even willing to pay more to get into their desired school districts, and trade off certain amenities. We are seeing an increase in residents moving to Arlington, leading to the need to redistrict and to build new schools.”

INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

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SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

Resident Curator: Fairfax Seeking Applications for Historic Vienna Property BRIAN TROMPETER Staff Writer

The Fairfax County Park Authority (FCPA) is accepting applications for the rehabilitation and long-term maintenance of historic Ash Grove House, located at 8881 Ashgrove House Lane in Vienna.

The agency’s Resident Curator Program provides the opportunity for individuals and non-profit and for-profit organizations to secure long-term lease agreements in beautiful publicpark settings such as Ash Grove Historic Site.

The Park Authority leases its underutilized properties to curators for free, in exchange for a financial commitment to conduct approved rehabilitation efforts.

The agency already has approved a resident-curator initiative at the circa1937 Stempson House in Lorton and is in the process of doing so for the circa-1905 Turner Farmhouse in Great Falls.

The deadline for submitting applications for Ash Grove House is July 25. The Park Authority will hold an open house at the site April 21 from 10 a.m. to 3 p.m., and will provide an opportunity to tour the house and its grounds.

Due to limited on-site parking, shuttle-bus service will be provided from 10 a.m. until 3 p.m. Attendees can access a Fastran bus from Westbriar Elementary School, 1741 Pine Valley Drive in Vienna, which will run between the school and historic site every half-hour. The last return run to the school is at 3 p.m.

Ash Grove is one of the few standing 18th-century Virginia houses and was built by the Fairfax family. Thomas Fairfax built the original portion of the house in 1790 and the family inhabited the house until 1847.

The house sits on approximately

one acre of land between the densely wooded Old Courthouse Spring Branch stream valley and the Westwood Village townhouse subdivision.

It is located on the edge of burgeoning Tysons and approximately twothirds of a mile from the Spring Hill Metrorail Station.

The property’s grounds have several historic structures, including the house, a restored 18th-century brick kitchen and smokehouse.

Ash Grove is a Federal-style, 2.5-story center-hall house with 4,200 square feet of finished space. A serious fire in 1960 could have doomed the legacy of Ash Grove House. Fortunately, many of the architectural features had been removed from the house prior to restoration work, including original doors, windows and much of the interior woodwork.

A set of Historic American Buildings Surveys architectural drawings and photographs from the 1930s proved instrumental in restoring the fire-damaged house. Some of the wood floors still bear charring marks from the fire.

To identify potential lessees in the Resident Curator Program, FCPA is seeking proposals for the rehabilitation of Ash Grove House and outbuildings in accordance with the Secretary of the Interior’s Standards for Rehabilitation.

Curators will be determined through an open and competitive process, based on a number of criteria, including a formal proposal, demonstrated experience and competency in historic preservation techniques, financial capabilities and the incorporation of public benefits.

For application forms and additional information visit www.fairfaxcounty. gov/parks/resident-curator-program.

For more information, call Stephanie Langton, manager of the Resident Curator Program, at (703) 324-8791.

Trees: Fairfax Lauded for Its Commitment to Nature Fairfax County has earned the Arbor Day Foundation’s Tree City USA designation for the 35th consecutive year, and will celebrate the achievement during a ceremony set for Earth Day. Fairfax County is one of 56 communities across the commonwealth and 3,400 nationally to win the designation for 2018.

As part of the Tree City application, urban foresters performed an i-Tree Eco survey across the county. Among the findings: • There are more than 44 million

trees in Fairfax County, and the overall tree cover is 51.2 percent.

• The most common species are the American beech, red maple and tulip tree.

• Trees in the county remove 4.538 tons of pollution each year and produce 232.9 thousand tons of oxygen per year.

Retaining the designation as a Tree City USA will be celebrated during a brief ceremony at the county’s Earth Day event – Springfest Fairfax – on Saturday, April 21 from 10 a.m. to 4 p.m. at Sully Historic Site.

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Reevesland: Historic Farmhouse Will Hit Market SCOTT McCAFFREY Staff Writer

Discounting the possibility of any major hiccups – and it’s a project that has been filled with them – Arlington government officials continue their efforts to prep a portion of the historic Reevesland farmhouse site for sale.

“Our goal is for it to be on the market by the end of the year,” Susan Kalish, a spokesman for the county government’s Department of Parks and Recreation, told the Sun Gazette on April 6.

Over the past year, local officials have been taking procedural steps to prep the Boulevard Manor property. In April 2017, County Board members had directed staff to prepare the main house and a surrounding half-acre for sale, with the remainder of the 2.4-acre property to remain in government hands.

Next steps to meet the timetable and get the project to market? Construction to demolish a garage on the property and create a parking pad, as well as tackle several other

ancillary projects.

Arlington officials purchased the Reevesland property – located at 400 North Manchester St. – not long after the death of owner Nelson Reeves. But in intervening years, the local government never found a specific use for it, and the main house deteriorated.

Several groups pressed to turn the property into a learning center, but could never come up with a plan that passed muster with Arlington officials. Despite outcry, County Board members voted unanimously last year the split up the property and sell off the modest, two-story main house.

Whether it will find a buyer remains to be seen.

“The pool of buyers will be small because of the cost, time commitment and difficulty of renovating older houses,” predicted Betsy Twigg, an associate broker with Washington Fine Property, when Arlington officials in 2017 agreed to sell it.

County officials last year acknowledged that, given historic-preservation requirements in place on the home, the overall value of the property is “almost

a negative value” because of costs associated with restoring and maintaining the aging home.

When the 2017 vote took place, several County Board members suggested that any offers would be considered.

“We’re not expecting to make any money,” County Board member Libby Garvey said then. “We want the farmhouse to be preserved. It might be sold for a very nominal amount, because the money that might have to go into it would be so significant.”

The County Board’s action stipulated that the property be used primarily as a residence, but didn’t prohibit the homeowner from using it for a home occupation or even preserving it as a museum while living in it.

The house, built in the late 19th century, was the home of Nelson Reeves, who until the 1950s operated what was Arlington’s last dairy farm and later sold off much of the acreage for residential development.

Reeves, who was born in The grounds of the Reevesland farmhouse (shown in 1900, lived in the home until his back) are used by a local non-profit to teach young peodeath in 2000. ple how to raise vegetables.

Spring Market: Sellers Upbeat, Buyers Dispirited?

New consumer findings from the National Association of Realtors show that while a growing share of households in the first three months of the year feel more confident about the economy and their financial situation, those positive feelings are not translating to positive views that now is a good time to buy a home.

That’s according to NAR’s firstquarter Housing Opportunities and Market Experience (HOME) survey, which also found that homeowners are increasingly positive about selling, and non-homeowners have anxieties

PUBLISHER’S NOTICE EHO

We are pledged to the letter and spirit of Virginia’s policy for achieving equal housing opportunity throughout the Commonwealth. We encourage and support advertising and marketing programs in which there are no barriers to obtaining housing because of race, color, religion, national origin, sex, elderliness, familial status or handicap.

All real estate advertised herein is subject to Virginia’s fair housing law which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, national origin, sex, elderliness, familial status or handicap or intention to make any such preference, limitation, or discrimination.”

This newspaper will not knowingly accept advertising for real estate that violates the fair housing law.

Our readers are hereby informed that all dwellings advertised in this newspaper are available on an equal opportunity basis. For more information or to file a housing complaint call the Virginia Fair Housing Office at (804) 367-9753. Email: fairhousing@dpor. virginia.gov. Web site: www.fairhousing.vipnet.org

22

about saving for a down payment and qualifying for a mortgage.

Heading into the busy spring buying season, optimism that now is a good time to buy a home is at its lowest share in the past two years (68 percent; 72 percent last quarter).

Among renters, feelings about buying are further diminished (55 percent; 60 percent last quarter). Conversely, those most optimistic about buying are homeowners, older respondents and those living in the more affordable Midwest and South regions.

NAR chief economist Lawrence Yun says extremely challenging market conditions to start the year are chipping away at home-buyer optimism.

“The critical shortage of listings in most markets continues to spark a hike in home prices that is not easy for many buyers – and especially firsttime buyers – to overcome,” Yun said.

“Adding more fuel to the affordability fire is the fact that mortgage rates have shot up to a four-year high in just a few months. Many househunters are telling Realtors that they are dispirited by the stiff competition for the short number of listings they can afford.”

Amid the ongoing climb in home prices in most markets, the share of homeowners who believe now is a good time to sell increased to 77 percent in the first quarter (76 percent last

SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

quarter), which is second only to last year’s third quarter (80 percent) as the highest overall share since the HOME survey began in December 2015.

“There’s no question that a majority of homeowners have amassed considerable equity gains since the downturn. Home prices have grown a cumulative 48 percent since 2011 and are up 5.9 percent through the first two months of this year,” said Yun. “Supply conditions would improve measurably, and ultimately lead to more sales, if a growing number of homeowners finally decide that this spring is the time to list their home for sale.”

Although optimism was a tad higher a year ago (62 percent), more households in the first quarter of this year (60 percent) believe the economy is improving compared to the fourth quarter of 2017 (52 percent). Homeowners, residents from the South and those from rural areas were the most optimistic about the direction of the economy.

Stronger economic confidence this quarter also led to households having improved feelings about their financial situation. The HOME survey’s monthly Personal Financial Outlook Index, showing respondents’ confidence that their financial situation will be better in six months, rose from 59.1

in December to 62.0 in March.

A year ago, the index was slightly higher (62.6).

In this quarter’s survey, non-homeowners also were asked about the barriers preventing them from saving for a down payment. Limited income (47 percent), student-loan debt (30 percent), and rising rents (28 percent) were the top three obstacles cited, followed by health and medical costs (14 percent).

Only 14 percent also said that nothing was holding them back from saving for a down payment.

Non-homeowners were also asked for the potential reasons why qualifying for a mortgage would be difficult.

Income uncertainty (45 percent), a low credit score (34 percent) and too much debt (26 percent) were mentioned the most.

“It’s never too early for those wanting to own a home in the future to sit down with a lender to discuss their current financial situation,” said NAR president Elizabeth Mendenhall, a sixth-generation Realtor from Columbia, Mo., and CEO of RE/MAX Boone Realty. “Home-ownership could be a more attainable goal once an interested buyer finds out how much they can afford to buy, as well as what steps, if any, are needed to improve their chances of obtaining a mortgage.”

Economy: Low Unemployment Will Help Market Fairfax County’s unemployment rate dipped in February, according to new federal data, with the county retaining its position as among the lowest in the commonwealth.

With 621,690 residents employed in the civilian workforce and 16,431 looking for jobs, the unemployment rate of 2.6 percent was down from 2.9 percent in January, according to figures reported April 4 by the Virginia Employment Commission.

The improvement in the jobs picture was replicated across most Northern Virginia jurisdictions, with jobless rates falling from 2.4 percent to 2.2 percent in Arlington; from 2.6 percent to 2.2 percent in Falls Church; from 2.8 percent to 2.4 percent in Alexandria; from 2.9 percent to 2.6 percent in Loudoun County; and from 3.3 percent to 3 percent in Prince William County.

In Northern Virginia as a whole, the jobless rate dropped from 3 percent in January to 2.7 percent in February, representing just under 1.6 million residents in the civilian workforce and 44,500

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looking for jobs.

Statewide, Virginia’s nonseasonally-adjusted unemployment rate of 3.3 percent was down from 3.7 percent a month before, with privatesector employment increasing by 20,000 and public-sector payrolls up 800.

The largest job gain during the month occurred in the leisure/hospitality sector, which picked up 4,900 jobs to 405,400 statewide. The trade/ transportation, construction and manufacturing sectors also saw improvement.

Among Virginia’s 133 cities and counties, the lowest jobless rates were found in Arlington; Falls Church; Alexandria and the city of Fairfax (2.4 percent each); and, in a four-way tie at 2.6 percent, Fairfax, Fluvanna and Loudoun counties and the city of Charlottesville.

On the other end of the spectrum, Northampton County had the highest jobless rate, at 8.1 percent, followed by Lancaster County at 7.8 percent and Northumberland County at 7.2 percent.

Among metro areas, North-

UNEMPLOYMENT RATES, FEBRUARY From Virginia Employment Commission, showing non-seasonally-adjusted civilian employment for February. “Previousâ€? is January. 5IF NPTU SFDFOU NPOUI T Ă HVSFT BSF QSF MJNJOBSZ

Jurisdiction Alexandria Arlington Fairfax County Falls Church Loudoun Prince William Northern Va. Virginia United States

Employed 97,443 148,458 621,690 8,092 208,527 235,620 1,599,076 4,184,503 154,403,000

Unemployed 2,442 3,150 16,431 180 5,615 7,391 44,504 143,326 7,091,000

ern Virginia has the lowest jobless rate, followed by Charlottesville (2.9 percent) and Winchester (3.1 percent). The highest rates were posted in Lynchburg (3.9 percent) and Kingsport/Bristol and Hampton Roads (3.7 percent each).

Nationally, Virginia had the fifth-best jobs picture for the month, nestled in a fiveway tie with Colorado, Maine, Utah and Wisconsin. The lowest jobless rates were found in Hawaii (1.9 percent) and Nebraska (2.9 percent), with the highest in Alaska (8.2 percent) and West Virginia (6.4 percent).

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Year-Over-Year Jobs Picture Improves in N.Va.: Yearover-year unemployment declined across the Washington metropolitan area in February, according to new federal data, part of a broad-based national trend toward lower jobless rates.

With 3.42 million in the civilian workforce and 122,700 looking for jobs, the Washington metro area’s unemployment rate of 3.6 percent in February was down from 4 percent a year before, according to figures reported April 4

by the federal Bureau of Labor Statistics.

The D.C. region was among 319 of the 388 metro areas nationwide that posted lower year-over-year joblessness.

Unemployment was up in 48 areas and unchanged in 21.

Among all metro areas, the lowest jobless rates were found in Honolulu (1.8 percent) and Ames, Iowa (1.9 percent). The highest joblessness was found in El Centro, Calif.

(16 percent).

Among the 51 metro areas with populations of a million or more, the lowest jobless rates were reported in Nashville (2.7 percent) and San Francisco (2.9 percent), with the highest in Buffalo (6.4 percent).

In Virginia metro areas outside Washington, year-overyear jobless rates were down across the board. The lowest were found in Charlottesville (2.9 percent) and StauntonWaynesboro (3.2 percent); the highest in Lynchburg (3.9 percent).

Statewide, the non-seasonally-adjusted jobless rate in February was 3.3 percent.

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2017: Solid Year in the Region’s Real Estate A Staff Report Home sales and total sales volume across Northern Virginia in 2017 stood at their highest point since 2005, according to new data, while average sales prices hit an all-time high.

A total of 22,555 properties went to closing last year, up 6.9 percent from the 21,097 transactions in 2016, according to preliminary data from the Northern Virginia Association of Realtors.

The totals represent transactions in Arlington and Fairfax counties and the cities of Alexandria, Fairfax and Falls Church, and are based on each year’s preliminary report of sales in order to be an apples-to-apples comparison.

(Therefore, figures may not directly correlate with those published elsewhere.)

The annual sales were the highest since the 29,235 reported in 2005, which marked the end of a six-year boom in the local real estate market that would be followed by nearly as many years of declining sales before the market rebounded starting in 2012.

Total sales volume for 2017 – $13.1 billion – was up from $11.7 billion in 2016 and also was the highest since the all-time record ($15.7 billion) was set in 2005, according to preliminary data.

Last year’s average (and preliminary) sales price of $579,498 was up 4.1 percent from the $556,368 reported a year before, and surpassed the $558,988 of 2016 as the highest on record in the region.

The average sales price represents all types of homes, including singlefamily, attached and condominiums.

Looking back on more than 40 years of sales data from across the suburbs, the average price has grown from $58,739 in 1975, surpassing the $100,000 mark for the first time in 1981, the $200,000 mark in 1991, the $300,000 mark in 2002 and the $400,000 mark in 2004 before peaking at just above $538,000 in 2007.

It then dropped for two years, to $431,018 in 2009, before starting a rebound that has seen prices rise in seven of eight years and average prices grow 34 percent during that period.

A complete year-by-year roundup of the local real estate market by the Sun Gazette staff, with sales data and anecdotes, from 1975 to 2017 can be found at www.insidenova.com/news/ real_estate/.

4 Decades of Home Sales Across Northern Virginia YEAR

1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

AVERAGE SALES PRICE

TOTAL SALES

For year

Change

For year

Change

$58,739 $62,373 $66,722 $71,639 $79,389 $90,744 $100,050 $103,631 $105,388 $108,049 $113,120 $121,922 $142,163 $162,850 $174,975 $174,616 $204,886 $202,534 $209,381 $210,557 $211,098 $214,102 $220,932 $229,151 $238,496 $252,374 $285,159 $319,293 $364,684 $441,253 $537,116 $537,741 $538,463 $461,039 $431,018 $469,018 $483,160 $504,338 $540,034 $551,220 $558,988 $556,368 $579,694

N/A +6.2% +7.0% +7.4% +11.4% +11.7% +10.3% +3.6% +1.7% +2.5% +4.7% +7.8% +16.6% +14.6% +7.4% -0.2% +17.3% -1.1% +3.3% +0.6% +0.3% +1.4% +3.2% +3.7% +4.1% +5.8% +13.0% +12.0% +14.2% +21.8% +21.7% +0.1% +0.1% -14.4% -6.5% +8.9% +3.0% +4.4% +7.1% +2.1% +1.4% -0.5% +4.1%

14,260 14,593 17,953 22,802 23,043 19,527 15,155 12,435 17,877 18,093 22,422 27,052 24,128 24,879 19,780 23,278 15,761 16,818 16,287 15,747 13,783 15,289 16,795 22,264 22,715 26,062 27,741 27,936 30,580 32,735 29,235 20,753 18,042 17,400 19,035 17,858 16,704 18,623 20,355 18,696 20,309 21,097 22,555

N/A +2.3% +23.0% +27.0% +1.0% -15.3% -22.4% -18.0% +43.7% +1.2% +23.9% +20.6% -11.8% +3.1% -20.5% +17.7% -32.3% +6.7% -3.2% -3.3% -12.2% +10.9% +9.8% +32.6% +2.0% +14.7% +6.4% +0.8% +9.4% +6.6% -10.7% -29.0% -13.1% -3.5% +9.3% -6.2% -6.5% +11.6% +9.3% -8.2% +8.6% +3.7% +6.9%

VOLUME (Billions)

$0.84 $0.91 $1.1 $1.6 $1.8 $1.7 $1.5 $1.2 $1.8 $1.9 $2.4 $3.3 $3.4 $4.0 $3.4 $4.0 $3.2 $3.4 $3.4 $3.3 $2.9 $3.2 $3.7 $5.1 $5.8 $6.5 $7.9 $8.9 $11.1 $14.4 $15.7 $11.1 $9.7 $8.0 $8.2 $8.4 $8.1 $9.4 $11.0 $10.3 $11.4 $11.7 $13.1

HISTORICAL/CULTURAL NOTES OF INTEREST

‘Saturday Night Live’ debuts Democrat Carter wins election R.I.P. Elvis Presley John Paul II becomes pope Incident at Three Mile Island GOP’s Reagan trounces Carter Egypt’s Sadat is assassinated It’s a boy for Charles, Diana Riggins is Super Bowl MVP ‘Cosby’ is nation’s top TV show Michael Jordan’s rookie year Shuttle ‘Challenger’ explodes Iran-Contra scandal tops the news Bush manhandles Dukakis Earthquake strikes Bay Area Americans With Disabilities Act First Gulf War starts ... and ends L.A. riots after Rodney King verdict Bill Clinton is inaugurated GOP takes control of Congress O.J. Simpson found not guilty Richard Nixon dies after stroke Tiger Woods wins the Masters Monica Lewinsky in the news Clinton acquitted by Senate Florida determines presidency Terror attacks strike on 9/11 New war in Iraq looms Joe Gibbs returns to Redskins Kerry falls to Bush in election Katrina swamps Gulf Coast Democrats win back Congress Oil prices through the roof Economy plunges; Obama wins Unemployment hits double digits GOP makes a comeback Economic malaise lingers ‘Derecho’ storm slams region Democrats win Va. statewide races U.S. Reps. Wolf, Moran retire Syrian civil war heats up Election stunner: Trump wins North Korea poses nuclear threat

Totals are based on sales figures for Fairfax, Arlington, Alexandria and Falls Church. Sales totals, average sales prices and volume come from data of RealEstate Business Intelligence, Bright MLS and the Northern Virginia Association of Realtors, as analyzed by the Sun Gazette, and may differ from other published figures. To be consistent, figures used are the preliminary ones reported each year, not the final totals reported later. Historical notes are compiled by the Sun Gazette staff.

Survey Says: Home Prices Could Continue to Rise in 2018 Housing experts are increasing their expectations for home price appreciation as rising prices show no signs of slowing.

Experts expect home prices to climb 4.1 percent in 2018, according to the 2017 Q4 Zillow Home Price Ex-

24

pectations Survey, an increase in their expectations for 2018. One year ago, experts predicted home prices would grow 3 percent in 2018.

The quarterly survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 housing

SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

experts, market strategists, and economists about their expectations for the U.S. housing market in 2018 and beyond.

The United States is in the middle of a supply crisis – the number of homes for sale has fallen on an annual

basis for the past 33 straight months.

Although building activity picked up slightly toward the end of the year, the biggest surprise of the 2017 housing market was the slow pace of singlefamily home building, according to the panelists.

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Interest Rates: Higher Costs Will Impact Market The years of historically affordable mortgage rates look to be ending, as rates have steadily increased in recent months and show no signs of turning back.

Since the beginning of the year, mortgage rates have increased nearly 50 basis points. Historically low mortgage rates have been the silver lining in today’s competitive housing market, keeping monthly payments relatively affordable even as home prices reached new peaks.

At the end of 2017, mortgage payments on the typical U.S. home required 15.7 percent of the median income, according to Zillow’s Q4 2017 affordability analysis. In the late 1980s and 1990s, mortgage payments took up 21 percent of the typical income.

If mortgage rates reach 6 percent next year, near the upper end of forecasters’ expectations, the share of income needed to cover monthly housing costs on the median U.S. home will be 20.5 percent, nearly the historic norm.

Combined with record-high home prices, housing affordability is already suffering in these markets, and will only worsen as rates climb.

In several large U.S. markets – including San Jose, Los Angeles and Miami – mortgage payments already take up a significantly larger share of income than they did historically.

In San Jose, the share of income needed for mortgage payments increased from 36 percent historically to 46.1 percent at the end of 2017.

An additional side effect of higher mortgage rates will be felt in housing inventory, as some homeowners with lower mortgage rates may hesitate to sell their homes and take out a new home loan with a higher rate.

Most home shoppers can absorb modest increases in mortgage rates, but once rates begin to approach their historic levels, they will eat into housing affordability for buyers and could limit the number of homes for sale.

Inventory has fallen on an annual basis for 36 consecutive months, so any factors that further limit inventory will be a strain on the market.

“For nearly a decade now, homebuyers have been buoyed by historically low mortgage rates that made buying a home more affordable than

it was for prior generations, but tomorrow’s buyers may not be so lucky,” said Zillow senior economist Aaron Terrazas. “Rates are showing a clear upward trend, bringing an end to an era of historically affordable mortgage payments.”

“Some homeowners who locked in a lower mortgage rate may look to alternatives, like renovating their current home instead of becoming a buyer in a stressful market,” Terrazas said.

Renting doesn’t provide much relief as an alternative to home buying. The typical U.S. rental payment requires 28.9 percent of the median income.

In 14 large U.S. metros, rent takes up more than 30 percent of the median income, widely considered the standard for unaffordable housing costs.

Walkability: Generations Have Varying Viewpoints It is no longer just Millennials propelling interest in walkable communities.

According to a new report from the National Association of Realtors, members of the Greatest (or “Silent”) Generation, those born before 1944, also prefer smaller homes in neighborhoods with easy walks to shops and restaurants.

The 2017 National Community and Transportation Preference Survey,

which polled adults from across the U.S. about what they are looking for in a community, found that 62 percent of Millennials and 55 percent of the Silent Generation prefer walkable communities and short commutes, even if it means living in an apartment or townhouse.

Gen-Xers and Baby Boomers still show a strong preference toward suburban living, with 55 percent of both groups saying that they have no prob-

lem with a longer commute and driving to amenities if it means living in a single-family, detached home.

“Realtors understand that when people buy a home, they are not just looking at the house, they are looking at the neighborhood and the community,” said NAR president Elizabeth Mendenhall, a sixth-generation Realtor from Columbia, Mo., and CEO of RE/MAX Boone Realty.

“While the idea of the ‘perfect

neighborhood’ is different for every homeowner, more Americans are expressing a desire to live in communities with access to public transit, shorter commutes and greater walkability,” Mendenhall said.

According to the survey, the majority of Americans, 53 percent, would prefer to live in communities containing houses with small yards but within Continued on Page 38

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Census: Demographic Shifts to Impact the Market The year 2030 will mark to mark an important demographic turning point in U.S. history, according to the U.S. Census Bureau’s 2017 National Population Projections.

By 2030, all Baby Boomers will be older than age 65.

This will expand the size of the older population so that 1 in every 5 residents will be retirement age.

“The aging of Baby Boomers means that within just a couple decades, older people are projected to outnumber children for the first time in U.S. history,” said Jonathan Vespa, a demographer with the U.S. Census Bureau. “By 2035, there will be 78 million people 65 years and older compared to 76.4 million under the age of 18.”

The 2030s are projected to be a transformative decade for the U.S. population.

The population is expected to grow at a slower pace, age considerably and become more racially and ethnically diverse. Net international migration is projected to overtake natural increase in 2030 as the primary driver of population growth in the United

States, another demographic first for the nation.

Although births are projected to be nearly four times larger than the level of net international migration in coming decades, a rising number of deaths will increasingly offset how much births are able to contribute to population growth. Between 2020 and 2050, the number of deaths is projected to rise substantially as the population ages and a significant share of the population, the Baby Boomers, age into older adulthood.

As a result, the population will naturally grow very slowly, leaving net international migration to overtake natural increase as the leading cause of population growth, even as projected levels of migration remain relatively constant.

Other highlights from the report: • By 2060, the United States is projected to grow by 78 million people, from about 326 million today to 404 million. The population is projected to cross the 400million threshold in 2058.

• In coming years, the rate at which the U.S. population

grows is expected to slow down. The population is projected to grow by an average of 2.3 million people per year until 2030. But that number is expected to decline to an average of 1.8 million per year between 2030 and 2040, and continue falling to 1.5 million per year from 2040 to 2060.

• As the population ages, the ratio of older adults to

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• The median age of the

U.S. population is expected to grow from age 38 today to age 43 by 2060.

• The non-Hispanic whitealone population is projected to shrink over the coming decades, from 199 million in 2020 to 179 million in 2060 – even as the U.S. population continues to grow. Their decline is driven by falling birth rates and a rising number of deaths over time among nonHispanic whites as that population ages. In comparison, the white-alone population, regardless of Hispanic origin, is projected to grow from about 253 million to 275 million over the same period.

• The two-or-more-races population is projected to be the fastest growing over the next several decades, followed by single-race Asians and Hispanics of any race.

For Hispanics and people who are two or more races, their high growth rates are largely the result of high rates of natural increase, given the relatively young age structures of these populations.

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A Neo-Georgian Celebration of Style

Iconic Lyon Park Property Offers a Local Taste of the English Countryside

N

estled in the heart of Lyon Park is this week’s featured property, a home that combines an exterior reminiscent of the neo-Georgian landscape of classic British estates with an interior that highlights Craftsman detailing and an open, airy, contemporary feel.

Long a beacon of the neighborhood – it was constructed in 1947, in the immediate post-war era, and expanded/ updated in 2012 – the home has been lavished with TLC through the years.

The result is a showplace set on a large (quarter-acre-plus) lot in a desirable “go-to” neighborhood.

“Charm” and “character” are not just buzzwords here. They represent a devotion to quality-of-life opportunities in a home that is perfect both for daily living and for entertaining in style, while being less than a mile from the many amenities of Clarendon.

The property currently is on the market, listed at $1,750,000 by Ron Cathell of Keller Williams Realty.

First impressions are tremendous, from the elegant exterior to the wideplanked pegged flooring and ornate all-oak staircase that welcomes us as we step inside to begin our tour.

Helen Payne was the architect of the 2012 renovation that was done by Merrill Contracting, which includes the

Facts for buyers Address: 219 North Garfield Street, Arlington (22201).

Listed at: $1,750,000 by Ron Cathell, Keller Williams Realty (703) 9752500.

Schools: Long Branch Elementary, Thomas Jefferson Middle, Washington-Lee High School. kitchen/family room, screened porch and master bedroom. The original addition of the master suite was done by Concept & Contours in the 1990s.

Among the many highlights of the nearly 4,300 square feet of interior space, we’ll single out a few for special attention: • The living/dining room combination is the personification of warmth and welcoming style, featuring a gas

fireplace, oak-trimmed windows and a showstopper built-in floor-to-ceiling oak bookcase surrounding the entryway.

• The kitchen is exceptional, with top-quality appliances, custom maple cabinetry and Blue Bahia granite countertops. It’s a space that is both a workhorse and a showhorse – a rare combination, indeed.

• The family room, which is open to the kitchen, features creatively elegant

ceiling mouldings.

• The sunroom is defined by Artsand-Crafts-style oak-trimmed windows, and serves as the home’s most tranquil living space.

• The master retreat, the first of six bedrooms in the home, is a study in sumptuousness. Three additional bedrooms are found on this level, and there is a bonus suite on the second upper level featuring a full bath.

The lower level, currently unfinished, provides exceptional storage place and options for the future.

Lyon Park long has been a desirable community, both for its central-but-setback location and its sense of neighborliness. And our featured property offers the opportunity to own one of the standouts of not just the community, but of the region.

Well worth consideration for those eager to enjoy all the pampering this home provides.

Articles are prepared by the Sun Gazette’s real estate advertising department on behalf of clients.

For information on the home, contact the listing agent.

For information on having a house reviewed, contact the Sun Gazette’s real estate advertising department at (571)333-6272.

Helping Home Buyers and Sellers Every Day Your Orange Line Specialists®

703-975-2500

6820 Elm St, McLean VA 22101

Team.Cathell@gmail.com | www.teamcathell.com 32

SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

Buying

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Haru Wladyka Barb Spollen 703.855.4498 Claire Driscoll 703.774.5010 Claire Driscoll harurealtor@gmail.com

Joyce Becker Haru Wladyka Buying

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Buying Selling #1 Companywide

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Let’s Talk About Your Plans

in the “most in Northern – Merrifield VA. Near access to thehappening” unit • Enjoy area Luxurious 2 StoryVirginia Lobby W/Concierge, Fitness Sun-filled rooms, access hardwoods, to towering unit • Enjoy ceilings, Luxurious granite 2counters Story Lobby and large W/Concierge, Fitness Life Member, NVAR cabinetry, S/S appliances & the adjoining family with gas log log fireplace.

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Master main. Fully finished basementthe with walkout toMetro, hot ShahAndTempler@gmail.com tub.

PENTAGON. Dunn Loring Tysons Corner and Music major Series commuter routes is appliances, skylights, chandelier.

Pristine Room, Party Room & Library • Summertime • Cozy Unit itW/ island”.

Chef’s kitchen, Room, Morning Room Rm, silk Great &master Library Rm, • Theater Summertime Rm and Music so much Series • Cozy Unit W/ bedroom suite features features aParty sky-lit luxury master bath.

And much much more!

Top Producer ShahAndTempler@gmail.com SOLD slarcamp@ Speak with a Builder. bedroom suite a sky-lit luxury bath.

And more! settingTax on & beautiful cul-de-sac, with almost!!

THE place be. With theMust newSee Fairfax Hospital complex in development, Lower Tax &toCondo Fee, !! FALLS more.

A DowntonLower Abbey Home Condo in JAMISON’S Fee, Must FARM. See HILL 703.862.5626 weichert.com 1/3 acre, in the heart of Falls Church City. is almost a guarantee.

ShahAndTempler@gmail.com Bo-Yeon continued growth Downsizing?

Bhavin Walney Village, Chantilly $434,Bo-Yeon 500 sellerstwo@aol.com New roof, HVAC, sprinkler system in 2013 .

Susie 404 E. Jefferson, Falls Church City “HARU” Wladyka Kim Sharifi Splendid 3 bedroom, 2 1/2 bath end-unit townhouse We Jones can Get your FREE We can Help & theHelp!

Mosaic District Dawn & Merrifield Mimi Kim Sharifi Templer ShahJoan Templer surrounded open land with huge trees.

Larcamp $1,495,000 Life Lifetime by Top Producercommon LetMember meProperty help you learn Report more about Before this developing area! We specialize you Property Re Barbara Farmer 703.405.7480 202.568.0355 703.405.7480 Sellers Large open flexible main level floor plan with light4 Bedroom, 4.5 Bath, with plantation shutters, 703.517.2800 703.216.0454 703.848.5441 NVAR 703-216-0454 inTop the Producer “mostSpeak happening” area in Northern Virginia – Merrifield VA. Near Haru Wladyka Joyce Becker Life Member, NVAR hardwoods, with a Builder. stainless steel top-of-the-line filled living/great room & dining area.

Kitchen has oak 571.213.7500 Lifetime Top Producer slarcamp@ 703.268.0364 the Dunn Loring Metro, Tysons Corner and major commuter routes it is kimsharifi@hotmail.com appliances, skylights, silk chandelier.

Pristine 703-855-4498 Top Producer cabinetry, S/S & adjoining family with gas log fireplace. Mas Lifeappliances Member NVAR 703.855.4498 kimsharifi@hotmail.com setting on beautiful cul-de-sac, with barbcleo@aol.com almost weichert.com ShahAndTempler@gmail.com ShahAndTem THE place to be. Madison With the new Blvd Fairfax Hospital complex in development, dawnjonesteam@gmail.com 703.862.5626 1313 Dolley harurealtor@gmail.com bedroom suite features a 1/3 acre, in the heart of Falls Church City.

1313 Dolley Blvd Multi-Million Dollarsky-lit luxury master bath. And much more! harurealtor@gmail.com continued growthMadison is almost a guarantee. dawnj.com sellerstwo@aol.com New roof, HVAC, sprinkler system in 2013 .

McLean, VA 22101 22101 R E E A Sales Club Daughter-in-law & mother-in-law team.

McLean, VA R A LL TT OO RR SS www.harurealtor.com COMING SOON COMINGBlvd SOON 1313 Dolley Madison Recommended by 571.217.3814 COMING SOON Washington Post Readership Haru Wladyka Joyce Becker joyce@beckerj.com McLean, VA 22101 R E A

McLean Office | 703.760.8880

McLean Office

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McLean Office | 703.760.8880

McLean Hunt McLean

Life MemberVillage, NVAR Bo-Yeon $729,000 Bhavin AURORAWalney HILLS.....ARLINGTON Bo-Yeon 703.855.4498 Downsizing?

Chantilly $434,500 Downsizing?

Bhavin $995,000 McLean $1,100,000 Multi-Million Dollar Don’t let the modest exteriorSide fool you! Hill This charming moderntownhouse home The Palladium Condo, McLean $729,000 8047 Drive, Warrenton $685,000 harurealtor@gmail.com Splendid 3 bedroom, 2 1/2mid-century bath end-unit We can Help! Get your FREE We can Help!

Get your FREE The Palladium Condo Templer Shah Templer Shah has been completely remodeled!

New kitchen, baths, hardwood floors, carpetSales Club www.harurealtor.com surrounded by open common land with huge trees.

1313 Dolley Madison Blvd 1313 Dolley Madison Blvd

Welcome tolot thewe’ve convenience of living the condo in the Fantastic heart of McLean Spectacular Executive Style Home - 44 BRs, ½3 BAs, 3 Sides Coming Soon!

Terrific investment!!! seen in McLean Hunt. homepainted located minutes to DC! bedroom, fullBefore baths.

Nicely ing, Anderson windows!

Freshly with three spacious bedrooms, 2 baths.3 Report COMING SOON Property Before youlifestyle Property youBrick 202.568.0355 571.217.3814 Welcome To The Condo Lifestyle InBest The Heart Of McLean * Report 2BR, 2.5BA &Beautiful Den * 703.405.7480 202.568.0355 703.405.7480 open flexible main floor plan with lightLiving room has aLarge ceiling full wall of windows overlooking Crystal Mclean •BRs, 2 BR, 2.5BA & Den •forBalcony • 2 Garage with Over 5,000 sf afinished onlevel 3 levels.

Dramatic 2-story Entrance Foyer. VA 22101 McLean, VA 22101 McLean, Eeasy A L Tvaulted Obaths, R Swith brick Colonial - closeSpaces to everything.

3.5BAs. new garage doors. updated kitchen, gleaming hardwood floors, new roof/gutters, light-filled joyce@beckerj.com Balcony * 2 Garage W/ Easy6Access To TheWaiting Unit * Gorgeous Lobby W/ Spaces R Speak with a Builder.

Speak with a Builder. filledoffliving/great & dining area.rearKitchen has oak counters and large City!

Private balcony of living room. room Lower level has private entrance/ access to the unit •needs Enjoy Luxurious 2&Story Lobby W/Concierge, Fitness Sun-filled rooms, hardwoods, towering ceilings, granite End of cul-de-sac!

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All itUnit is yourTax exquisite touch. sunroom, garage, carport, and loads of storage!

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Concierge, Gym, Party & Library * Cozy W/Lower Condo Fee * access.Side GarageHill too!

One mile S/S to either Pentagon City or Crystal City metro.with gas log fireplace. Master cabinetry, appliances & adjoining family The Palladium Condo, McLean $729,000 8047 Drive, Warrenton $685,000 Room, Party Room & Library • Summertime Music Series • Cozy Langley Unit W/ island”.

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Must See !! bedroom suite features a32-4pm. sky-lit luxury master And Rm much more!

Welcome to the convenience of living the condo lifestyle in the heart of Spectacular Executive Home - 4forBRs, ½ BAs, 326th Sides Brick Lower Tax & Condo Fee, Must See !! more.

A Downton Abbey Home in JAMISON’S Mclean • 2 BR, 2.5BA & Den • Balcony • 2 Garage Spaces with easy Over 5,000 sf finished on 3 levels. Dramatic 2-story Entrance Foyer. FARM. ®

access to the unit • Enjoy Luxurious 2 Story Lobby W/Concierge, Fitness

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Sun-filled rooms, hardwoods, towering ceilings, granite counters and large island”. Chef’s kitchen, Morning Rm, Great Rm, Theater Rm and so much more. A Downton Abbey Home in JAMISON’S FARM.

Claudette Schwartz Schwartz Claudette

McLean Office | 703.760.8880 Barbara 703.309.HOME (4663) Farmer

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ABR,GRI Life Member,571.213.7500 ABR,GRI NVAR Producer LifeTop Member, Barbara Farmer barbcleo@aol.com 703 309 HOME (4663)Madison Blvd 1313 Dolley NVAR Top Producer 571.213.7500 homeccs@aol.com homeccs@aol.com McLean, VA 22101 R E A L T O R barbcleo@aol.com Swww.claudetteschwartz.com www.claudetteschwartz.com

McLean Office | 7

®

COMING SOON

R E A L T

SOLD

COMING SOON….MADISON CHURCH Bo-Yeon LANE….FALLS Downsizing?

Walney Village, Chantilly $434,500 “COMING SOON IN STERLING” Under $499,900 $500,000 Vienna Sterling Bo-Yeon Downsizing?

Bhavin Bhavin Walney Village, Chantilly $ 4 3 4 , 5 0 0 Splendid 3 bedroom, 2 1/2 bath end-unit townhouse We can Help!

Get your FREE Templer Shah Colonial with large rooms on a Premium lot can Help! Get your FREE Shah Splendid 3 bedroom, 2 1/2rooms bathby end-unit Colonial withsurrounded large on a townhouse Premium open common lot land with huge trees.

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4 BR, 3 full baths,SS hardwood * Garage * Cul-DeGreat Large open flexible main Sac level *floor planLocation with light- * Separate Dining Room * Family Room * Speak with a with Builder.

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Callgarage for more filled living/great room & dining area. Kitchen & has oak area. floors, carpet, freshly painted, sun room, 2 car andinformain a great cabinetry, S/S appliances & adjoining family with gas log fireplace. Master ShahAndTempler@gmail.com cabinetry, S/S appliances adjoining family gas log fireplace.

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McLean OfficeOffice | 703.760.8880 McLean | 703.760.8880 1313 Dolley Madison Blvd McLean, VA 22101

1313 Dolley Madison Blvd McLean, VA 22101

R E A L

T O R S

®

R E A L T O R S

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INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

33

LBJ: Former President’s Retreat on the Market TOPTENREALESTATEDEALS.COM

American presidents seem to have more than one thing in common.

Among them: the need to get away and escape from the pressure.

The ones from Texas also have a penchant for ranches, and now there is an opportunity to own a retreat used by Lyndon Johnson during his five-plus years in office.

Many past presidential terms were steeped in controversy, and Johnson, – who rose from rural Texas high school teacher to 36th President of the United States after the assassination of President Kennedy in 1963 – was no exception. While Johnson’s Great Society initiatives included major civil-rights accomplishments, antipoverty programs and Medicare, his legacy will be forever tied to the Vietnam War. Johnson was hounded by members of the press; he, in return, felt they had started to question him not as reporters but as prosecutorial lawyers. Students were rioting in the streets and he caught flak from every quadrant on almost every move.

Perhaps as a result, Johnson refused to run for re-election in 1968 paving a path for the presidency of Richard Nixon.

One week after the assassination of Kennedy in 1963, Johnson purchased

Lyndon Johnson purchased an 800-acre parcel in Texas as a presidential retreat. The current owners have placed it on the market. Photo courtesy Coldwell Banker United and Toptenrealestatedeals.com.

800 acres outside of Johnson City, Texas, with spectacular views. Even though his main home was a 330-acre ranch on the Pedernales River in central Texas, which he purchased from his aunt in 1951 while still a U.S. senator, his 1963 acquisition was intended as a getaway that would insulate him from the pressures of Washington.

The Pedernales ranch was where he met with political leaders and world dignitaries, but he laid down the law that there would be no work and no

visitors invited to this ranch.

For sale by the artist and his family who currently own the farm (now downsized to 142 acres), the main three-bedroom home is on a hilltop with 360-degree views from its 1,800foot elevation.

The 2,840-square-foot house is finished in stone and cedar and has been updated to today’s expectations. It enjoys the atmosphere provided by multiple fireplaces and has numerous terraces and porches for outdoor liv-

Spring Home Improvement

ing and taking in the views. One porch has an outdoor shower.

Other structures on the ranch include the former presidential airplane hangar, which has been turned into a gallery and event venue, and the original ranch house from the LBJ years.

LBJ’s former Johnson City, Texas ranch is now for sale, with an asking price of $2.8 million. The listing agent is Dave Murray of DMTX Realty in association with Coldwell Banker United in Austin.

Arlington Sun Gazette

Fairfax Sun Gazette

Reservation deadline is Thursday April 19th Publishes Thursday 26thYour Ad Contact Us TodayApril To Place 703-771-8800

Don't miss this opportunity to capture the local home improvement dollars being spent in Northern Virginia.

Reach more than 61,000 high-income households with your message.

Motivated home owners will enjoy reading our annual Spring Home Improvement Section coming out April 26th.

34

A recent survey found that more than half of homeowners plan to make a home improvement this year, and 84% plan to redecorate their homes.

SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

If you’re buying or selling a home, think of this as a defining moment.

5 PRIVATE ACRES

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Dianne Van Volkenburg and her team of real estate agents and marketing specialists are unsurpassed in providing first-class service to buyers and sellers. In fact, Dianne and her team have one of the highst rates of repeat clients in all of Northern Virginia as former clients, families and friends trust them for their real estate needs.

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OVER $100 MILLION SOLD IN 2017!

INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

35

Exceptional Style, a Focus on Tranquility

Custom-Built Home Features 7,000+ Square Feet of Superb Interior Space

W

ith our very unusual winter in the rear-view mirror, the focus now shifts both to spring itself, and to the blooming local real-estate market, where tight inventory has made for a competitive arena.

Our featured property is a home that surely stands out from the crowd. Set on a quiet cul-de-sac backing to Zachary Taylor Nature Area, the home proffers serenity and grace while showcasing more than 7,000 square feet of interior living space across four levels.

Attention to detail is evident throughout this custom 2014 home, from Japanese leather wallpaper to a sumptuous, two-sided indoor/outdoor gas fireplace surrounded by floor-to-ceiling Calcutta Gold marble.

The result is a home that provides a fitting backdrop for upscale daily living, and also is perfectly at home entertaining throughout the year.

The property currently is on the market, listed at $2,499,000 by Ruth Boyer O’Dea and Sheri Grant of Boyer O’Dea & Grant, TTR Sotheby’s International Realty.

Tall ceilings and a four-zone HVAC system provide style and comfort as we embark on our tour, which starts at the

custom entry door (carved from a fallen oak tree on the property).

While there simply are too many features to list, we will pick out some of our highlights: • The kitchen is a showplace, designed for the serious chef and those who enjoy entertaining. Quartzite counters, a center island and top-notch appliances are highlights.

• The family room features the aforementioned gas fireplace that is shared with the adjacent screened-in porch (which offers four large skylights and two ceiling fans). Truly an upscale, urban-village vibe is found here.

• The master retreat offers plentiful bedroom space, a glorious master bath

and custom walk-in closet with center island and dual matching chandeliers.

• The walk-out lower level offers, among other features, a recreation room, additional bedroom (the home’s seventh), media room and walk-out access to the lovely flagstone patio.

Extra touches abound throughout, from the walk-in toy closet on the lower level to the gas-line hookup for an outdoor grill. There also is a whole-house backup generator.

Visually arresting, the home makes an architectural statement while also serving as a wonderful backdrop for daily living.

Articles are prepared by the Sun Gazette’s real estate advertising depart-

Ruth Boyer O’Dea & Sheri Grant 703.338.2277 | 703.405.1016

ment on behalf of clients.

For information on the home, contact the listing agent. For information on having a house reviewed, contact the Sun Gazette’s real estate advertising department at (571)333-6272.

Facts for buyers

Address: 2522 North Upland Street, Arlington (22207).

Listed at: $2,499,000 by Ruth Boyer O’Dea (703) 338-2277 and Sheri Grant (703) 405-1016, Boyer O’Dea & Grant, TTR Sotheby’s International Realty.

Schools: Taylor Elementary, Williamburg Middle, Yorktown High School.

Boyer O’Dea & Grant

boyerodeagrant@ttrsir.com boyerodeagrant.com 2300 Clarendon Blvd, #200, Arlington VA 22201

36

SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

2017 TOP TEAM Arlington Brokerage

Laurie Mensing

Every transaction is treated as if it was my own

www.lauriemensing.com

McLean

Arlington

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Licensed in VA, MD & DC Top 1% of Residential Realtors Nationwide Direct: 703.873.5193 Cell: 703.965.8133 laurie.mensing@longandfoster.com

INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

37

Gilded Age: Classic Maine Estate Is on the Market One of Maine’s last Gilded Age mansions, or “summer cottages” as the wealthy called them, is for sale.

With its picturesque New England coastline, it wasn’t too many years after the British settled the area in the late 1700s that the super rich decided Bar Harbor (originally known as Eden), would be perfect for their summer retreats.

It was the summer stomping ground of the elites – John D. Rockefeller Jr., J.P. Morgan, Cornelius Vanderbilt, the Astor family and President William Taft, who enjoyed his golf there. Nelson Rockefeller was born in Bar Harbor and kept a home in nearby Seal Harbor for many years.

Today, the resort town’s summer season is filled with film and television celebrities, writers, artists and ordinary people enjoying the scenery, lobster rolls, water sports and laid-back atmosphere.

Almost like stepping back in time, East of Eden, formerly Eegonos (the name of the first home on the site – Sonogee – spelled backwards), is now on the market on Bar Harbor’s Frenchman Bay. Designed by Guy Lowell, a blend of Beaux Arts and Mediterranean Revival

PHOTO COURTESY THE KNOWLES COMPANY

TOPTENREALESTATEDEALS.COM

style, the 15,000-square-foot manse construction was completed in 1909.

It was one of the few Gilded Age mansions in Bar Harbor that survived a fire in 1947 that destroyed most of the town. It was placed on the National Register of Historic Places in 1980.

The 2.5-story house is positioned on nine private acres of waterfront with a deep-water dock to tie up a yacht or to enjoy the sunset. There is plenty of room for guests and extended family

with fourteen-foot ceilings, eight bedrooms and twelve baths.

Old World features include a large marble foyer, columned separations between major public rooms, fireplaces finished in marble and wood, ceilings with decorative friezes and medallions, and hand-painted wall murals.

In addition to the detailed restoration, all mechanical systems have been updated plus an eight-bay garage to

accommodate owners and stay-over guests.

It is a quick drive to Arcadia National Park and Bar Harbor’s restaurants and shops.

One of Maine’s few remaining Gilded Age mansions, East of Eden is priced at $15.5 million. The listing agent is Susan Ferrante-Collier of The Knowles Company, Northeast Harbor, Maine. For information, see the Web site at www.knowlesco.com.

Walkability: Generations Have Varying Viewpoints Continued from Page 26 easy walking distance of the community’s amenities, as opposed to living in communities with houses that have large yards but they have to drive to all amenities.

This up from 48 percent in 2015.

However, responders with schoolage kids in the home, regardless of their generation, show a greater preference for conventional suburban communities.

Sixty percent of all responders with kids in school said they prefer larger homes and yards that require driving, and that number jumps to 63 percent for Millennials with kids in school.

The survey also found that a major-

ity of Americans, 88 percent, are very or somewhat satisfied with the quality of life in their communities, and 51 percent of those people believe that the walkability of their neighborhood contributes to that quality of life.

The report found that women, particularly young women, prioritize walkability and public transit more than older or younger men.

Fifty-four percent of young women said that sidewalks and places to take walks is a very important factor in deciding where to live, and 39 percent said the same about having public transit nearby.

However, when it comes to a short commute to work, youth was a greater indicator of preference than gen-

der; 49 percent of young women and 48 percent of young men said being within a short commute to work was a very important factor in deciding where to live.

While 60 percent of adults surveyed live in detached, single-family homes, 21 percent of those respondents said they would rather live in an attached home and have greater walkability.

Sixty percent of those surveyed also said that they would be willing to pay a little or a lot more to live within walking distance of parks, shops and restaurants.

When selecting a new home, respondents indicated that they would like choices when it comes to their community’s transportation options.

Eighty-six percent of survey participants said that sidewalks are a positive factor when purchasing a home, and 80 percent place importance on being within easy walking distance of places.

When it comes to respondents’ thoughts on transportation priorities for the government, 73 percent indicated that maintaining and repairing roads and bridges should be a high priority, with expanding roads to help alleviate or reduce congestion as the next highest priority, at 54 percent.

The survey of 3,000 adult Americans living in the 50 largest metropolitan areas was conducted by American Strategies and Meyers Research in September 2017.

Selling? Tuck Away Some Cash to Cover the Costs Continued from Page 3 concession during the process, with reducing the list price as the most-

cited compromise.

“While there could be some initial sticker shock associated with the costs of selling a home, investing in home-

improvement projects like painting and home staging often proves to be very valuable in the long-run,” said Lucas Puente, a Thumbtack economist.

“Homeowners. . . should take time to research and budget for the projects that can ultimately help sell their home faster and at a higher value.”

Short-Term Rentals: MCA Voices Some Concerns Continued from Page 6 in single-family neighborhoods,” agreed Bruce Jones, MCA’s recording secretary.

Board member Roshan Badii questioned whether the new rules were

38

necessary.

“I don’t think, honestly, that this requires policing,” she said. “The people who are coming [to rent the units] are just like the rest of us. They won’t necessarily be creating mischief.”

The county would benefit from tax

SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

revenues under the proposed rules, said member Rob Jackson.

“It gives an opportunity for people who are not paying their fair share to cough up a few more dollars,” he said.

The MCA board passed the resolution with a clear majority, but did not

tally the exact vote split.

The Fairfax County Planning Commission will hold a May 3 public hearing on the proposed ordinance and offer recommendations to the Board of Supervisors, which will take up the matter on June 19 at 4 p.m.

INSIDENOVA.COM | APRIL 12, 2018 | SPRING REAL ESTATE GUIDE

39

Over $2 Billion Over 2.8 Billion Sold Sold

Virginia’s Leader in Luxury and International Real Estate Marketing For Over 30 Years Tours of These & Other Homes at www.margenau.com

View Casey’s

Virginia’s Leader in Luxury and International Real Estate | Over $97 Million Sold in 2013

KNOWLEDGE

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6903 Lupine Lane, McLean, VA $3,750,000

EXPERIENCE

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8408 Sparger Street McLean, VA $3,249,900

TRUST

1411 Woodhurst Boulevard, McLean, VA $1,899,900

Main House

Guest House 10603 Creamcup Lane, Great Falls, VA $3,299,877

11301 Corobon Lane, Great Falls, VA $1,250,000

11325 Fox Creek Farm Way, Great Falls , VA $2,590,000

1679 Hunting Crest Way, Vienna, VA $2,150,000

Casey Margenau Fine Homes & Estates, Inc.

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SPRING REAL ESTATE GUIDE | APRIL 2018 | INSIDENOVA.COM

Club House

316 River Bend Road, Great Falls , VA $1,799,900

10917 Justin Knoll Road, Oakton, VA $1,149,000

www.margenau.com 703.827.5777