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Sun Gazette Arlington, Real Estate Guide, April 14, 2016

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2016 ARLINGTON

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Right here in Arlington helping you with one of your largest investments. Whether you are buying or selling, call Mark Middendorf to ensure a smooth and stress free transaction. A real estate transaction should be a wonderful and pleasant experience and I can help you achieve that.

Mark Middendorf

703.928.3915 | mark.middendorf@longandfoster.com

Voted Best Realtor by Washingtonian Magazine


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C O L D W E L L

B A N K E R

R E S I D E N T I A L

B R O K E R A G E

International President’s Elite — Team and Individuals Team

C Osold L Da W E Land L purchased B A N KaEnew R one. R E S I D E N T I A L Recently we both home Individuals We can’t recommend Carol enough. She has deep history in the Northern Virginia real estate market and helped us through a difficult time.

_ Nick and Amy Ovuka

#1 Individuals Agent

International President’s Elite — Team and Individuals Team

A Message from company of choice. We the lookPresident forward to assisting you! Congratulations to these top-producing

in Arlington Office

Wintermute and Associates

Wintermute and Associates

Susie Carpenter

Bonnie Rivkin

Life Member, NVAR Million Dollar Club NVAR Top Producers Club Certified Residential Specialist International President’s Premier

Susie Carpenter

A Message from the President

B R O K E R A G E Congratulations to these A Message from thetop-producing President independent agents for their outstanding Congratulations to these top-producing performance and unwavering dedication independent agents for their outstanding to customer satisfaction. Thanks to the performance unwavering dedication communityand for making Coldwell Banker Residentialsatisfaction. Brokerage your real estate to customer Thanks to the companyfor of choice. look forward to community makingWe Coldwell Banker assisting Brokerage you! Residential your real estate

President’s Circle

independent Dean Cottrillagents for their outstanding performance and unwavering dedication President, Mid-Atlantic Coldwell Bankersatisfaction. Residential Brokerage to customer Thanks to the community Dean Cottrill for making Coldwell Banker Residential Brokerage your real estate President, Mid-Atlantic company choice. We look forward to Coldwell BankerofResidential Brokerage assisting you!

Dean Cottrill President, Mid-Atlantic Coldwell Banker Residential Brokerage

Bonnie Rivkin

International President’s Circle Liz Bucuvalas

Steve Deleyiannis

Ann-Marie Grotticelli

Karen Leonard

International Diamond Society

Terri Neff Metin Carl Bender Ken Trotter President’s Circle Diamond Society LizPresident’s Bucuvalas Elite Steve Deleyiannis Ann-Marie Grotticelli Karen Leonard International Diamond Society Susan Gray Chambers

Cathy D’Antuono

Fred Marcellus

Lyssa Seward

International Sterling Society

Susan Gray Chambers

Cathy D’Antuono

Fred Marcellus

Lyssa Seward

TomSociety Rickert Tracy Vitali Sterling John Kozyn Laura Woodbury Timothy Landis Sterling Society 1 0 9Society - Y E A R L E G A C Y Sterling | 3 , 0 0Society 0 O F F I C E S O N 6 Sterling CONTIN ENTS Kathy Kratovil

Eileen Marousek International

Alexandria 703.518.8300 | ColdwellBankerHomes.com Kathy Kratovil

Eileen Marousek

Tom Rickert

Tracy Vitali

Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. ©2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Previews International and the Previews logo are registered and unregistered service marks owned by Coldwell Banker Real Estate LLC. 11853MA_3/16

10 9 -Y E A R L E G ACY

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Administered by American Home Shield

3,000 OFFICES ON 6 CONTINENTS

Alexandria703-524-2100 703.518.8300 | | ColdwellBankerHomes.com Arlington ColdwellBankerHomes.com

Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. ©2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing 11853MA_3/16 Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Previews International and the Previews logo are registered and unregistered service marks owned by Coldwell Banker Real Estate LLC.

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A P R I L 2 0 1 6 • S U N G A Z E T T E R E A L E S TAT E G U I D E • I N S I D E N O V A . C O M

Administered by American Home Shield


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Yee, Haw! Texas Showing U.S.’s Greatest Population Growth Four Texas metro areas together added more people last year than any state in the country except for Texas as a whole, according to new U.S. Census Bureau population estimates. The population in these four metro areas increased by more than 400,000 people from July 1, 2014, to July 1, 2015. The Houston-The Woodlands-Sugar Land and Dallas-Fort Worth-Arlington metro areas added about 159,000 and 145,000 residents, respectively – the largest gains of any metro areas in the nation. Two additional Texas metro areas adjacent to each other (AustinRound Rock and San Antonio-New Braunfels) were each also among the 16 nationwide to gain 50,000 or more people over the period. These four Texas metro areas collectively added about 412,000 people. Texas as a whole gained about 490,000. The statistics population estimates for the nation’s 381 metropolitan statistical areas, 536 micropolitan statistical areas and 3,142 counties. Eight counties drove Texas’ metro area growth and were among the 20 counties nationwide that gained the most population between 2014 and 2015. Altogether, they added 306,736 people. The Villages, Fla., a metro area west of the Orlando metro area, was the nation’s fastest-growing metro area for 0

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the third year in a row, as its population increased 4.3 percent between 2014 and 2015. It was joined in the top 20 by five others in the Sunshine State: Cape Coral-Fort Myers, Punta Gorda, North Port-Sarasota-Bradenton, Orlando-Kissimmee-Sanford and NaplesImmokalee-Marco Island. In addition to growth in several metro areas in Florida and Texas, three metro areas partially or completely within South Carolina were among the 20 fastest growing between 2014 and 2015: Myrtle Beach-Conway-North Myrtle Beach, S.C.-N.C. (which ranked second nationally), Hilton Head Island-Bluffton-Beaufort and Charleston-North Charleston. Houston, Austin and Orlando were the only three metro areas nationwide to be among both the 20 with the largest numeric gains and the 20 fastest growing (percentage gain) between 2014 and 2015. North Dakota was home to each of the four fastest-growing counties (among those with populations of 10,000 or more in 2015) between 2014 and 2015. McKenzie (16.7 percent population growth) led, followed by Williams, Mountrail and Stark. McKenzie passed the 10,000-person threshold in 2014 for the first time. However, eight of the 20 fastest-growing counties were in Texas, with three more in Florida and two in Utah. 00

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1530 COLONIAL TERRACE

4124 NORTH 21ST ROAD

5400 CHEYENNE KNOLL

4401 LEE HIGHWAY #42

1820 N. HERNDON STREET

ROSSLYN 3 BR, 2 FBA, 2 HBA ARLINGTON SCIENCE FOCUS!

CHERRYDALE 4 BR, 3 BA REMODELED IN 2014

WINDY HILL 4 BR, 3.5 BA TH INSIDE THE BELTWAY

LEE HEIGHTS 2 BR, 1 BA LORCOM HOUSE

LYON VILLAGE 3 BR, 2.5 BA OVERSIZED LOT

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205 YOAKUM PKWY. #1119

511 EAST NELSON AVE.

4118 NORTH 21ST ROAD

851 NORTH GLEBE ROAD

1733 N. 12TH STREET

LANDMARK 2 BR, 2 BA WATERGATE

DEL RAY 2 BR, 2 BA PRIVATE FENCED YARD

CHERRYDALE 3 BR, 3.5 BA 4 LEVEL, END UNIT

BALLSTON 1 BR, 1 BA THE CONTINENTAL

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& C O M PA N Y 2519 Wilson Boulevard

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Arlington, Virginia 22201

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Oregon Leads Nation – Again – as Top Move-In Destination (PR NEWSWIRE) – For the third consecutive year, Oregon holds on to the No. 1 spot as “Top Moving Destination,” as Americans continue to pack up and head West and South. Those are the results of United Van Lines’ 39th annual National Movers Study, which tracks customers’ state-tostate migration patterns over the past year. Oregon is the most popular moving destination of 2015 with 69 percent of moves to and from the state being inbound. The state has continued to climb the ranks, increasing inbound migration by 10 percent over the past six years. New to the t 2015 top inbound list ris ac another Pacific t West state,nWashington, which o C No. 10 with 56 percame inrat cent inbound moves. de n The Southern states also U saw a high number of people moving in with 53 percent of total moves being inbound. In a separate survey of its customers, United Van Lines found the top reasons for moving South included company transfer/new job, retirement and proximity to family. The Northeast continues to

experience a moving deficit with New Jersey (67 percent outbound) and New York (65 percent) making the list of top outbound states for the fourth consecutive year. Two other states in the region – Connecticut (63 percent) and Massachusetts (57 percent) – also joined the top outbound list this year. The exception to this trend is Vermont (62 percent inbound), which moved up two spots on the list of top inbound states to No. 3. “For nearly 40 years, we’ve been tracking which states people are moving to and from, and we’ve also recently started surveying ourt customc ers to understand why ra they are t making these moves across on state lines,” saidr C Melissa Sullivan, directorde of marketing communications at United Un Van Lines. “Because of United Van Lines’ position as the nation’s largest household goods mover, our data is reflective of national migration trends.” “This year’s data reflects longer-term trends of people moving to the Pacific West, where cities such as Portland and Seattle are seeing the com-

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nology and creative marketing industry, as well as a growing ‘want’ for outdoor activity and green space,” said Michael Stoll, economist, professor and chair of the Department of Public Policy at the University of California, Los Angeles. “The aging Boomer popula-

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the Northeast and Midwest to the West and South.” United has tracked migration patterns annually on a state-by-state basis since 1977. For 2015, the study is based on household moves handled by United within the 48 contiguous states and Washington,

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United classifies states as “high inbound” if 55 percent or more of the moves are going into a state, “high outbound” if 55 percent or more moves were coming out of a state or “balanced” if the difference between inbound and outbound is negligible.

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4736 32nd St. N.

4736 32nd St. N. 4736 32nd St. N.

4736 32nd St. N. 4727 38th PL N. 4918 N. 25th Rd. 4775 Old Dominion Dr. The Spring Market is Here! Call us to help you sell or buy your The Spring Market is Here! Call us to help you sell or buy your next next house…. house…. The Spring Market is Here! Call us to help you sell or buy your next house….

The Spring Market is Here! Call us to help you sell or buy your next house…. Stacey Romm Stacey Romm

Peggy Richardson Peggy Richardson Long & Foster Realtors

Long & Foster Realtors 4600 Lee Highway Peggy Richardson 4600 Lee Highway Arlington, VA 22207 Long & Foster Realtors Arlington, VA 22207 Direct: 703.346.8326 4600 Lee Highway Direct: 703.346.8326 Peggy.Richardson@longandfoster.com Arlington, VA 22207 Peggy.Richardson@longandfoster.com Direct: 703.346.8326 Peggy.Richardson@longandfoster.com

Peggy Richardson

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APRIL

Long & Foster Realtors 4600 Lee Highway 2 0Arlington, 16 • SUN AZETTE VAG22207 Direct: 703.346.8326

R E A L E S TAT E G U I D E • I N S I D E N O V A . C O M

Long & Foster Realtors Long & Foster Realtors 4600 Lee Highway Stacey Romm 4600 Lee Highway Arlington, VA 22207 Long & FosterVA Realtors Arlington, 22207 Direct: 703.298.8197 4600703.298.8197 Lee Highway Direct: Stacey.Romm@longandfoster.com Arlington, VA 22207 Stacey.Romm@longandfoster.com Direct: 703.298.8197 Stacey.Romm@longandfoster.com

Stacey Romm

Long & Foster Realtors 4600 Lee Highway Arlington, VA 22207 Direct: 703.298.8197


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D.C. Region Seems Unlikely to See a New ‘Housing Bubble’ But San Francisco, Boston Are Among Areas Most at Risk Good news, of sorts, for the region’s real estate: Because the local market had not seen big boosts in post-recession prices, it’s unlikely to face a significant risk of another major downturn. At least over the next five years. That’s the conclusion of the experts in a recent survey by Zillow, which concludes that the San Francisco Bay area is the most at risk for another realestate bust. A third of the experts surveyed in the latest Zillow Home Price Expectations Survey said the San Francisco housing market already is in a bubble, and another 20 percent believe the market is at-risk for bubble conditions within the next year. The survey, sponsored quarterly by Zillow and conducted by Pulsenomics LLCi, asked more than 100 panelists about their expectations for the housing market. Of those, 66 answered a question about bubble conditions in 20 local housing markets. OVERVALUATION GIVES SOME MARKET EXPERTS CONCERN The survey responses revealed that some housing experts are concerned about over-valuation in some of the nation’s hottest housing markets – and

that there is significant disagreement among experts about whether the rapid home-value growth in those markets puts consumers at risk. “A handful of markets, especially the Bay Area, are very hot right now, and it’s possible home values may actually begin to fall somewhat in these places as more residents are priced out amidst rising affordability concerns, especially when interest rates rise,” said Zillow chief economist Dr. Svenja Gudell. EVEN EXPERTS HAVE MIXED OPINIONS ON THE SITUATION “Whether those local conditions constitute a ‘bubble’ is up for debate, even among economists,” Gudell said. “Without 20/20 hindsight, it’s difficult to identify bubbles as they’re happening, but it is very clear that nationally we are not seeing a return of the conditions that caused the last national bubble. It’s significant that some experts are starting to worry about bubble conditions, but in my opinion, there’s no real danger of a severe crash like the one we all remember from the last decade.” Some experts said they think bubble conditions are already present in Miami, Los Angeles, Houston, San Diego and Seattle.

Some think there is significant risk of a housing bubble in the next three years in Boston. And the Washington region? Two panelists said the region already was in a bubble, with three saying there was significant risk in 12 months and 10 suggesting there was significant risk in the next five years. Eighteen respondents said there was “no significant risk” in the next half-decade. Baltimore is in even better shape, with 30 of the respondents saying there’s no significant risk of a bubble anywhere on the horizon. The bubble fears are coming to the surface even as home values overall are expected to gradually level off over the next several years. NATIONAL APPRECIATION RATE EXPECTED TO BE 3% IN FUTURE Over the next five years, among all 108 panel respondents, the expected average annual home-value appreciation rate is now just over three percent. This scenario would result in a national median home value of more than $215,000 by the end of 2020. “The long-term outlook for U.S. home values has diminished to a

three-year low, and a clear-cut consensus among the experts remains elusive, even at the national level,” said Pulsenomics founder Terry Loebs. “Based on the projections of the most optimistic forecasters, home values nationally will increase 4.7 percent [in 2016] and surpass their May 2007 peak levels in April 2017,” Loebs said. “In contrast,,” Loebs said, “the data collected from the panel’s most pessimistic respondents expect only 2.3 percent appreciation [in 2016] and even more subdued appreciation thereafter – a path that would delay the market’s eclipse of the bubble peak until September 2019.” DESPITE IMPROVEMENTS, U.S. MARKET HASN’T YET HEALED The divergence of expert views regarding the existence of regional price bubbles and the path of future home values “is a reminder that the U.S. housing sector has yet to fully heal more than eight years after the epic bust, and that significant risks have re-emerged within certain large metropolitan area housing markets.,” Loeb said. Full data on the survey can be found on the Web site at http://zillow.mediaroom.com.

Magnificent Manors Team of Keller Williams Realty $1,050,000

Just Listed!

$220,000

Licensed in VA | MD | DC

Ron Cathell | Monica Gibson | Eileen Aronovitch | Tagrid Wahba Pam Sachs | Twingo Wahba | Tim Anderson | Nicole Dillon

YOUR ORANGE LINE SPECIALISTS®

CLASSIC CRAFTSMAN BUNGALOW IN LYON PARK

OPEN SUNDAY 1-4PM 2918 N. 1st Road • Arlington • $899,900 3 BEDROOM IN THE CHATHAM

COMING SOON 4501 Arlington Blvd. • Arlington • $385,000

4 BLOCKS TO CLARENDON METRO

OPEN SUNDAY 1-4PM 707 N. Irving Street • Arlington • $1,150,000 EXPANDED 4 BEDROOM IN LYON PARK

6820 Elm Street, McLean, VA 22101 | (703) 636-7300 Each office is independently owned and operated. All Information is deemed reliable and should be independently verified.

Great Location and Move in Ready!

1084 N. Manchester Street, Arlington, VA 22205

Elegant 4 BR/3.5 BA Craftsman home walk to Westover and EFC Metro

1301 S. Arlington Ridge Road, Unit 809, Arlington, VA 22202 Cozy 1 BR/1BA condo with beautiful view of the Air Force Memorial

Under Contract in 6 Days!

Under Contract!

4130 Burning Ridge Court, Woodbridge, VA 22192 Magnificent colonial in Crest Ridge Estates

Remodeled 3 BR/2.5 BA townhome inside the beltway

4762 Parkman Court, Annandale, VA 22003

More listings are coming on the market! Call me so I can share the details.

COMING SOON

3207 N. 1st Road• Arlington • $989,900

CALL/TEXT OUR DIRECT LINE www.teamcathell.com team.cathell@gmail.com

Open House Sun, April 17th from 1-4 pm

703-975-2500

TeamCathell

TeamCathell

TeamCathell

/company/team-cathell

TeamCathell

TeamCathell

Marybeth G. Fraser MBA and Realtor®

Each office is independently owned and operated.

Licensed in VA and DC

M 703-798-1803 O 703-224-6000

marybeth@magnificentmanors.com • www.magnificentmanors.com

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A Creative and Elegant Townhome in Rosslyn Four-Level Standout In Highgate Features Winter Views of the National Cathedral

T

hose who recall Rosslyn as a corporate canyon have been amazed at the transformation that currently is blooming, as the community transitions to a 21stcentury live-work-play enclave with easy access to mass transit and all the best traditions of the urban-village lifestyle. This week’s featured property is a bastion of elegance in the heart of the neighborhood. A four-level townhome set in sought-after Highgate, the property showcases exceptional winter views across the Potomac to Georgetown and the National Cathedral, while benefiting at other times of year from verdant surroundings. Refined and classic, the home is spacious and sunny, ready to exceed expectations with features sought after by modern buyers. The property currently is on the market, listed at $1,210,000 by Billy Buck of Buck & Associates. Clocking in at nearly 3,000 square feet, the townhome offers exceptional ambiance thatt begins the moment we c embark on nour tract exploration. a o r The emain r C nt level, with nine-foot-plus d r Co n U defor an airy feel, features an exceilings Un pansive living room with the first of the home’s three fireplaces, as well as a long dining room and the grand kitchen area with plentiful prep space and a separate breakfast room. On2200 the firstWestmoreland upper level, we findSt. the 2200 Westmoreland true showstopper of our tour – the St. masr ter bedroom retreat, occupying the enye Buyer d tire space, with 10-foot ceilings, a large e u nted B e s sitting room with two-sided gas firere nt epresecustom walk-in closets and a place,d Rtwo p l e Sold R sumptuous master bath. So The second upper level is home to two bedrooms, each with the bonus of plentiful closet space. There also is a large shared bath. Additional bonuses canPL beN. found on 4727 38th the lower level, is a large 4727where 38ththere PL N. recreation room with wood-burning fireplace, access to the fenced-in brick patio (perfect for grilling this summer season), laundry facilities, storage and the two-car garage.

ct ra ntract o r C nt der Co n e Ud Un

3512 N Dinwiddie St. 3512 N Dinwiddie St. er elller S l ed e nt S sented e pr se Repre d e l Sold R So

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3645 N Monroe St. 3645 N Monroe St.

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Rosslyn has an extraordinary, unique history – up through 1903, it was the venue that people from all over the region came to enjoy, well, questionable pursuits such as horse racing and gambling. It will be a fun story to ct a r ntract tell friends and acquaino t rC n de Co tances as you are showing Under off this astounding townUn home property once it has become yours. Articles are prepared by the Sun Gazette’s real estate adver3401 N.tising Woodrow St. departmentSt. on behalf 3401 N. Woodrow of clients. er uyer For information on the home, contact B y ed Bu nteagent. d the listing For information on have esent s ingReaprrehouse reviewed, contact the Sun p oldd Re real estate advertising departSGazette’s l o Sment at (703) 738-2520.

Facts for buyers 4775 Old Dominion Dr. 4775 Old Dominion Dr.

4918 N. 25th Rd. 4918 N. 25th Rd.

Address: 1530 Colonial Terrace, Arlington (22209). 4736 32nd St. N. 32nd St. N. Buck, Listed4736 at: $1,210,000 by Billy Buck & Associates (703) 855-2825. Schools: Arlington Science Focus, Williamsburg Middle, Yorktown High School.

The The Spring Spring Market Market is is Here! Here! Call Call us us to to help help you you sell sell or or buy buy your your next next house…. house…. Peggy Richardson Peggy Richardson Long & Foster Realtors

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Long Foster Realtors 4600 & Lee Highway 4600 Lee Highway Arlington, VA 22207 Arlington, VA 22207 Direct: 703.346.8326 Direct: 703.346.8326 Peggy.Richardson@longandfoster.com Peggy.Richardson@longandfoster.com

A P R I L 2 0 1 6 • S U N G A Z E T T E R E A L E S TAT E G U I D E • I N S I D E N O V A . C O M

Stacey Romm Stacey Romm

Long & Foster Realtors Long4600 & Foster Realtors Lee Highway 4600 LeeVA Highway Arlington, 22207 Arlington, VA 22207 Direct: 703.298.8197 Direct: 703.298.8197 Stacey.Romm@longandfoster.com Stacey.Romm@longandfoster.com


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LONG & FOSTER

®

RESIDENTIAL/COMMERCIAL REAL ESTATE • MORTGAGE • TITLE • INSURANCE

Top Producers – for MARCH 2016

John Jorgenson TOP AGENT 703-906-0420

Lilian Jorgenson 703-407-0766

Miguel Avila 571-233-0581

Mark Goedde 703-850-8129

Fouad Talout 703-459-4141

Victoria Kilcullen 703-915-8845

Laurie Mensing 703-965-8133

Kate Ryan 703-903-8640

FALLS CHURCH

$ 764,000

www.devitoprice.com

BERRYVILLE

$1,700,000

Stacy Rodgers 703-599-8790

Jon DeHart 703-405-7576

ARLINGTON

$749,500

2713 OLDEWOOD DRIVE Statley split foyer on half acre lot. 5 bedrooms, 3 baths combine for over 3,100 livable square feet. 3 car garage. Less than 1.5 miles to Mosaic and Dunn Loring metro. Move-in ready.

Kevin Price 703-678-5509

MCLEAN

$2,499,000

N SU PM N 1-4 E P O /17 4

625 Elm Spring

1881 N. Nash Street #508

6 bdrms

ESCAPE THE HUSTLE & BUSTLE

LUXURIOUS TURNBERRY TOWER CONDO UNIT

FIRST TIME ON THE MARKET!

**Stunning, Custom PRIVATE Home on 93-acre Farm in Blue Ridge Hunt**Stunning Renovations**4 Fireplaces**Solarium w Palladian Windows**Library**Gourmet Kitchen**Balcony off Master Suite**Impressive Stone Patios**Black Bottom Pool**HorseReady Barn****Spectacular Views Convey!**SHOWN BY APPT ONLY**

Nancy WiLLson 703-899-7143

CHARLOTTESVILLE

$1,198,000

Lovely 1 bedroom 1 ½ baths residence in absolutely like-new condition! Richly appointed with striking Snaidero cabinetry, Brizilian walnut floors and Italian marble baths. Enjoy 1,312 sq.ft. + 274 sq.ft private balcony.Deeded storage unit & garage space + 24 hr.valet park. World class building amenities!

Beautiful custom home on .86 acre newly listed in sought after close in community The Reserve. Private oasis with stunning hardscape incl. built-in Viking grill and fireplace, 6 bdrms, 4.5.5 baths, media rm, sun rm, library, perfect for grand entertaining!

ARLINGTON

ARLINGTON

Nancy Broyhill & Nancy Davis 703-615-0503 $1,650,000

Margaretha McGrail 703-442-5000

$1,695,000

415 White Gables Ln. #301A

1908 Monroe St. N

4019 N. Randolph Street

WHITE GABLES LUXURY CONDO

CHERRYDALE NEW CONSTRUCTION

NEW LISTING IN ARLINGWOOD!

Come home to this stunning, 3-bedroom, 3.5-bath penthouse in the much sought after White Gables. Spend quiet evenings at home, enjoying the breathtaking views of the mountains surrounding Charlottesville from any of the 4 private terraces. Spacious and elegant, with custom finishes, 2 gas fireplaces, a gourmet kitchen, 10-foot ceilings, and beautiful hardwood floors, this home is also perfect for entertaining family and friends. Just minutes to downtown Charlottesville and UVA. Two parking spaces and 1 storage unit included.

Rachel Foster 703-282-2709

Another Distinctive Dwelling by WESTBROOK HOMES. Over 5,200 SF of fine appointments on level lot, wonderful street < 1 mile to Metro. 1st flr bedroom/study w/full bath. 6 BRS/5.5BAS/ 2FPS/1+car detached gar. Time to customize. Summer delivery.

Susan Westbrook 703-402-1717

Magnificent Property in close-in Arlington, just 5 minutes to Chain Bridge. Almost an acre of prime property with beautiful wooded views. Meticulously maintained home with loads of space to “Make it Your OWN”. Come see this gem, ready for its’ new owners. OPEN SAT. 4/16 1-3PM OPEN SUN. 4/17 1:30-5PM

Nancy Harvey Steorts 240-401-7782

Long & Foster McLean Office 703-790-1990 1355 Beverly Rd, Suite 109 McLean, VA 22101

I N S I D E N O V A . C O M • S U N G A Z E T T E R E A L E S TAT E G U I D E • A P R I L 2 0 1 6

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McLEAN $3,520,000

Sophisticated home in Woodlea Mill. Fabulous room sizes, luxury amenities, spacious grounds with pool, large level lot. Square feet total is 8,616. Minutes to Dulles/Metro/DC/Tyson’s.

GREAT FALLS $3,430,935

GLORIA ADAMS +1 703 356 6645

Premium 5 acre site near The Village Center. Here, Keswick Homes will build the custom home of your dreams. Keswick offers many options to personalize the home to your standards, style and special needs at 501 Haven Lane, where dreams come true.

GEORGETOWN, DC $6,850,000

ARLINGTON $1,540,000

Stately Greek Revival situated in Georgetown’s coveted East Village. Home boasts an open floor plan with high ceilings and award-winning kitchen with two large dining areas. The grounds include large flagstone terrace, heated pool, and two-car parking.

MICHAEL RANKIN +1 202 271 3344

McLEAN $1,185,000

New listing in sought after Potomac Hills. Beautifully renovated with 6 bedrooms/3 baths. Generously sized rooms with dry stack stone fireplace in family room. Owner’s suite with gorgeous bath. huge mud room area with laundry. Great lot with yard, deck & patio. Fabulous inside beltway location.

McLEAN $2,690,000

Perfectly sited on a .45 acre lot with finely manicured landscaping, this home offers luxury, convenience and superior design for the most discerning buyer.

STEPHANIE WHITE +1 703 489 5045

SUSAN McFALLS +1 703 927 8589

Stunning new construction by Chadsworth Homes in enviable Cherrydale. Attached 2-car garage, wide & level lot across from Oakgrove Park. Excellent location; less than a mile to metro and Orange Line amenities.

ARLINGTON $1,400,000

MARY SCHMITZ +1 703 209 2692

Unique penthouse in great location. Includes roof top terrace with panoramic views. Spacious rooms, fireplace, hardwood floors, updated master bath, gourmet kitchen. 3,000+ square feet of usable space, with sun room.

McLEAN $1,169,000

ALEXANDRIA $985,000

Tyson’s Corner premier condo will impress your guests. Amenities include 24 hr. concierge, Harris Teeter, rooftop pool, gym, conference rooms and short stay rentals for out of town guests. Underground parking. Next to Tyson’s Galleria, metro and dining. Come home to luxury at its best.

GLORIA ADAMS +1 703 356 6645

Phenomenal river views in Old Town Alexandria. The highest floor for a 2 bedroom, 2 bath southeast corner unit in Alexandria House. Brand new; gorgeous renovation.

KATHERINE ZWICKY +1 703 408 0399

DONNA MARTIN +1 703 927 6058

DONNA MARTIN +1 703 927 6058

ARLINGTON $889,000

ARLINGTON $800,000

Captivating 1 bedroom/1.5 bath located in one of the DC Metro areas top luxury buildings, Turnberry Tower. Boasting a 300-sq. ft. balcony, 9-ft ceilings, custom finishes and a gourmet kitchen. Valet & deeded parking, concierge, full service health & fitness center, indoor pool & world-class service

A thoughtful renovation pairs sophisticated design with wonderful functionality within this contemporary home. From the gourmet kitchen with professional grade appliances to the generous dining room this home is perfect for family gatherings or entertaining friends.

BOYER O’DEA GRANT +1 703 405 1016

MILTON DREWER +1 703 347 4882

STEPHANIE WHITE +1 703 489 5045

Ballston. Brick 3 bedroom, 3.5 bathroom, 4-level townhome welcomes you with an enclosed, private front patio. Contemporary, updated eat-in kitchen with thoughtfully designed cabinetry for perfect and ample storage. 2-car garage with an additional off street parking space.

ARLINGTON Price Upon Request

WE ARE PLEASED TO WELCOME OUR NEW ASSOCIATES Elizabeth Cutler | Leslie Berk | Robin Bono | Matt Flood | Cory Molina | Amanda Saul | Tatiana Moody

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McLEAN $2,100,000

Majestic townhome in prestigious Merryhill. The finest of amenities. Major upgrades. 7,000 sq. ft. of spacious luxury living. 4 fireplaces, 6 bedrooms, 6.5 baths, elevator, media room, wine cellar. Finished walk-out lower level with au-pair suite, enclosed brick courtyard.

ARLINGTON $1,989,000

MILTON DREWER +1 703 347 4882

Lyon Village. A block to Whole Foods & all Clarendon offers. 3-story addition and complete renovation 2011. 5 BR /5.5 BA, over 5,000 sq. ft. Intimate library. Dining easily seating 12. Gorgeous kitchen; stunning great room & screened in porch. Endless pool & rock climbing wall.

ARLINGTON $1,299,000

McLEAN $1,289,000

Sold: Lyon Village. 4 bedroom, 4 bath (2012 addition/ renovation) in Clarendon offers original charm combined with modern comforts. Bright, airy spaces. Cathedral ceilings in Master Suite. Lovely patio & garden - urban oasis blocks from restaurants and Metro.

BOYER O’DEA GRANT +1 703 338 2277

Chain Bridge Woods. Elegant, updated 5 BR, 5.5 BA offering 4,000 sq. ft. on 3 levels sited on nearly 1/3 acre. Open floor plan, contemporary baths, 2 master retreats. Expansive yard & entertaining spaces; pergola covered seating and expansive paver patio.

ARLINGTON $1,725,000

Gracious, custom built Victorian in lovely Maywood. Designed & built in 2007. Nothing overlooked in this 5 BR, 4.5 BA home. Beautifully sited on private 10,000+ sq. ft. lot, light-filled property provides gorgeous living & entertaining spaces on 4 levels.

BOYER O’DEA GRANT +1 703 338 2277

McLEAN $1,225,000

A stylish Tudor with an open floor plan, a first floor master suite and beautifully renovated kitchen and baths. A must see in Langley Oaks.

STEPHANIE WHITE +1 703 489 5045

BOYER O’DEA GRANT +1 703 338 2277

BOYER O’DEA GRANT +1 703 338 2277

GEORGETOWN $3,200,000

VIENNA $949,000

Sited on 1.87 beautiful acres; minutes from W&OD Trail. Renovated with all new stainless steel appliances, new granite countertops, new windows, new master bath cabinetry, new hot water heater & more. Amazing sunroom with stone, wood, vaulted ceilings.

Price Reduced: Located east of The Village in the desirable Leigh Mill Road area, in close proximity to McLean, Tyson’s and DC, this charming 5 bedroom, 3.5 bath home on 2 private acres, features stunning views from every window. An exceptional value.

MICHAEL RANKIN +1 202 271 3344

DEBBIE SHAPIRO +1 703 407 1600

ROXANE NUNES +1 703 470 9903

Volta place is a historic landmark in the heart of Georgetown that features an elevator, high ceilings, hardwood floors, and elegant moldings throughout. There is an attached guesthouse with a bedroom and full bath. Garage parking.

GREAT FALLS $875,000

We are pleased to support the

McLEAN PROJECT FOR THE ARTS

SPRING BENEFIT

VIENNA $529,900

Remodeling almost finished. Ideal Town of Vienna location near Louise Archer ES, the Italian Gourmet and W&OD Trail. 3 finished levels, walk out basement to private back yard.

May 24th | Hickory Hill Buy tickets at mpaart.com

DOUG FRANCIS +1 703 304 6827

McLEAN, VA BROKERAGE | +1 703 319 3344 ALEXANDRIA, VA BROKERAGE | +1 703 310 6800 GEORGETOWN, DC BROKERAGE | +1 202 333 1212 DOWNTOWN, DC BROKERAGE | +1 202 234 3344 CHEVY CHASE, MD BROKERAGE | +1 301 967 334

ttrsir.com

©MMXV TTR Sotheby’s International Realty, licensed real estate broker. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered service marks used with permission. Each Office Is Independently Owned And Operated. Equal housing opportunity. All information deemed reliable but not guaranteed. Price and availability subject to change.

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Weichert

Real Estate

Mortgages

NORTH ARLINGTON

Closing Services

Oak Hill/Franklin Farm

$1,100,000

IT’S ALL HERE: Wonderful custom 4 BR/3.5 BA Albrittain home in a great location, convenient to shopping, restaurants and parks. You’ll love the large open kitchen and family room which flows to a slate patio. Finished basement w/4th BR and full bath, extra closets, large loft over the garage, and a fenced corner lot complete the package.

TYSONS/VIENNA WOLF TRAP WOODS

Dolores Ferrer

Mark Voytko

Realtor, Buyer Agent

703-350-7360

mvoytko@weichert.com

LISTED FOR $939,000

Sparkling, spacious updated colonial. 4/5 BRs, 3.5 BAs. Perfect for entertaining! 2 Car garage, updates include: doloresferrer@mris.com bumped out/extended kit area, 3 season screened porch w/ skylites. W/O lower level has BR & BA. Near silver line metro. 703-623-9295 Associate Broker NVAR Multi-Million Dollar Producer

McLean

Rotonda

Direct (703) 623-8373

The Romer Team

Upper 500’s

Ann Romer CRS, GRI, ABR

703-597-4289

RltrAnn@aol.com TheRomerTeam.com

Why buy just a “house” when you can get a “community” with pools, ponds & neighborhood activities!! Located in the Oakton HS pyramid, this home has a desirable circular floorplan. The kitchen opens to the family room with a cathedral ceiling, full brick wall and woodburning fpl. You’ll love the private backyard backing to woods and the quiet cul-de-sac. Hurry, this one will go quickly!!!

1300 Skipwith rd, McLean VA 22101

T ERAC D R UNNT O C

offered at $1,850,000

Fabulous end unit 4 level, 2 car garage colonial in Merrywood on the Potomac with marble foyer, living room and dining room with gas fireplace, gourmet kitchen, fully finished walkout basement with wet bar and kitchenette.

Call/text me at 703-424-0323 or email me at k.patel@weichert.com for all your real estate needs.

$335,000

“Find out why I love living in Loudoun County, and you could too!”

Spacious (992 sq ft) condo with gorgeous NEW Gourmet Kitchen, NEW Bath, NEW wood floors and carpet located in the heart of Tysons, just blocks to metro, shopping, dining and entertainment. Private Balcony with panoramic views and underground garage parking space and storage bin included.

JENIFER JUSTICE, ABR, GRI assoCiate Broker

Insurance

COMING SOON!!

JUST LISTED & SOLD IN 3 DAYS!

9011 EDGEPARK ROAD, VIENNA, VA 22182

®

Maria Galván Winters Realtor Emeritus Bi-Lingual: English/Spanish Cell: 703-618-8383 Home Office: 540-822-4116 mariawinters@mris.com

email: justicehom@aol.com www.jeniferjustice.com

3307 Lauren Oaks Ct., Oak Hill $1,079,000

1445 Oakview Drive, McLean $1,090,000

Newly renovated 4 bedrooms, 4.5 baths home on .83 acre premium lot in West Oaks Estates. Light filled, high ceilings, hardwood floors, large sitting room in master suite, 3 car side entry garage. Close to shopping, Fairfax county government center, I-66, Rt 267, Dulles airport.

Premium 107’X190 (about 1/2 acre) rectangular lot in Brookhaven neighborhood. Great location: easy access to McLean village, DC and Arlington. McLean HS pyramid. FX8764430

KYOUNGHEE MALAWI 571-214-2300

kmalawi@weichert.com

9211 Hidden Creek Dr.

Reston

$1,075,000

EXTREMELY SPACIOUS brick ranch home located just outside Tysons! Only 2.6 miles to Spring Hill Metro. Eat-in gourmet kitchen w/ cherry cabinets, granite counters, SS appliances, wet bar, wine frig. Hardwood floors on main level. Stone fireplace w/ gas logs. 4 BRs on main level; 2 BRs & enormous unfinished spaces for storage on lower level.

Supreme Setting Margaret gilBoa GRI, CRS, ABR

Top 1% Nationwide Over 27 Years

703-629-0828

Dena ConraD cell: 703.438.1960

www.denaconradrealestate.com denahconrad@gmail.com

mgilboa@mris.com

Privacy & serenity prevail in this fabulous 3 lev, 3 BR, 2 full, 2 half bath, 1632 sq ft end TH surrounded by WOODED PARKLAND! Updated kitchen and bathrooms, main level FR w/fplc. Truly spacious owner’s suite. Walk-out L/L w/rec rm w/fplc. Private fenced patio, assigned parking space. Conveniently located near the Metro.

McLean/Dolley Madison Office

1313 Dolley Madison Blvd • (703) 760-8880

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$419,000

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REALTOR Q&A

4051 41st St N, McLean, VA

When’s the Best Day to Put New Listings on the Market? DAVE FACINOLI Staff Writer

Is there a best day of the week for realestate professionals to list a property, and would that be early in the week or closer to the weekend? The Sun Gazette asked some local agents that question. Here are their answers: Lilian Jorgenson, Long & Foster: “I like to list mid-week. It gives the buyers time to explore the listing, drive by after work, then make an appointment to see it just as soon as their schedule allows.” Archie Harders, Long & Foster: “I like to put a new listing into the system late Wednesday night so it’s there and fresh on Thursday morning.” Karen Close, Century 21: “The practice of agents is that Thursdays and Fridays are the heavy introduction days to the market. I believe if a purchaser has a deadline to buy, then any day of the week works, because they will watch the Internet constantly for new listings. So the day listed won’t matter. The Internet has changed everything.” Craig Mastrangelo, Re/Max Allegiance: “Typically, Realtors list homes on Thursdays with the perceived logic being that Realtors can schedule times to preview themselves and/or tour [with] their clients before open houses that weekend. Some may list on Wednesdays or even Fridays. Whichever days, what works best is allowing Realtors time to go see the homes prior to the weekend so they can prepare an appropriate list of homes for their clients to see.” Jack Shafran, Yeonas and Shafran Real Estate: “How I learned basically, in theory, is to list Tuesday or earlier in the week. Tuesday is the day you list and introduce the property to the market, and is a tour-the-property day. Wednesday is an off day. Thursday is the day to set up appointments for the weekend. Friday you look through the inventory. Saturday you work to sell, and Sunday is closing day to make the sale.” Casey Samson, Samson Properties: “We launch our listings at 5 p.m. on Thursdays and have an open house on the first weekend. We want the weekend buyers to get it on their radar, but not give them enough time to write a full-price contract and try to get sellers to cancel open house. Open houses on well-priced homes generate multiple contracts that can raise the price over list and generate backup contracts. This provides sellers with maximum proceeds as well as valuable leverage during inspection releases.” John Mentis, Long & Foster: “I’d say Thursday afternoon. Buyers tend to start planning their weekend of showings and open houses on Friday. Listing on Thursday gives them the time to consider putting it on their schedules.”

Dee Murphy, Long & Foster: “Real estate is a Friday/Saturday/Sunday affair. I have always sworn by the Thursday-night timeframe. That is when buyers and their agents put together a list for the weekend of which properties to visit. Thursday is the best way to generate a sense of excitement and capitalize on the weekend to find out who are the serious buyers, and what the weekend might bring.” Mark Middendorf, Long & Foster: “Thursday and Friday are when people start looking. If you list Mondays, that shows too many days already on the market. By late in the week, we have everything in place.” Jane Price, Weichert, Realtors: “Assuming the property is completely ready to present and all marketing materials are prepared, I usually shoot for Thursday midday. That way, there is plenty of time for the listing to be picked up by Realtors and the buying public prior to the weekend. It gives time for showing appointments to be planned and assures good traffic at the first open house, assuming one is scheduled.” Steve Wydler, Wydler Brothers Real Estate: “Monday, if it makes sense to have a brokers’ open house for that home. For other properties, mid-week or Friday so there can be a runway for a weekend takeoff, and to give maximum probability of getting the highest amount of traffic possible.” Dana Landry, Washington Fine Properties: “Wednesday afternoon. Once a property is listed in the Metropolitan Regional Information System, the IDX (Information Data Exchange) pushes the listing out and feeds hundreds of Web sites. This automated process can take 24 to 48 hours, and you want to give it time to make sure the listing is picked up and running properly prior to the weekend. This positions you well for Saturday and Sunday open houses, followed by a broker’s open house on Tuesday.” David Howell, McEnearney Associates: “We shoot for listing homes no later than Thursday. It takes a little time – unfortunately – for some of the major search portals to populate new listings to their sites. A listing entered on Thursday should show up no later than Friday, so folks planning what listings to see over a weekend will find it. Waiting until Friday or Saturday runs the risk of the listing not being seen on a timely basis for weekend traffic.” Karen Briscoe: Huckaby, Briscoe, Conroy Realty Group of Keller Williams: “Listing Thursdays gives time for full listing alert on the Internet, and in time for Friday’s crunch for the weekend. Another strategy would be listing earlier in the week – Tuesday would be a good day – to get ahead of the other listings.” Continued on Page 22

Lovely home in sought after Chain Bridge Forest. 3600 sq ft, 4BR, 2FB, 2HB, complete kitchen upgrade, built-in bookcases, expansive patio for entertaining, 2 wood burning fireplaces, wood floors, large lot, two car garage.

$1,259,000 Mary Hogan

Realtor - Licensed in VA

Cell: 703.508.3912 mary.hogan@c21nm.com THE BEST VIEW IN TOWN

1200 N. Nash St, Unit 1118, Arlington, 22209

Elegant & fully renovated 2BR/2BA (1400 sq.ft) with sweeping views of the DC skyline, the monuments & the river. This is where photographers come to photograph the 4th of July fireworks & the panoramic view. 2 story floor to ceiling LR window overlooks the view and the 21 ft. balcony In Prospect House, a luxury condo with pool, exercise room, 24 hr. desk, security & more. $875,000

Patricia Darneille

Realtor - Licensed in VA

703-863-3170 darneillep@aol.com EXCEPTIONAL DESIGN AND GREEN TECHNOLOGY

1044 North Edgewood Street, Arlington, VA 22201

Better than new, Leed-Certified preserving the style and aesthetics of Lyon Park and Clarendon while bringing innovative design and green technology together. 5 Bedrooms, 4.5 baths in over 4600 Square Feet of living space. The Great Room features a floor to 14 foot ceiling stacked stone Fireplace surrounded by windows opening to the gourmet kitchen featuring honed Carrera-marble and energy star top of the line appliances. Wide-plank walnut hardwood floors, 2 car garage, solar grids, metal roof, generator, porch, deck, and more. Steps to Metro and all Clarendon has to offer. $1,999,999

David Wolfe & Molly Wolff Licensed in VA & DC

703-258-9098

david.wolfe@c21nm.com

703-244-4440

molly.wolff@c21nm.com

CENTURY 21® New Millennium

6631 Old Dominion Drive, McLean, VA 22101

703-556-4222 www.c21nm.com

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LONG & FOSTER® ARLINGTON

®

CONGRATULATIONS TO OUR 2015 LONG & FOSTER ARLINGTON

Top Producer Top Sole Practitioner Top Listing Agent

Top Sales Agent

Top Team

Rookie of the Year

John Mentis

Christine Rich

John Plank

Bob Mathew

Real Estate Services

TOP 10 OVERALL IN SALES PRODUCTION

The #

Call Ca 703-622

John Plank Real Estate Services, Inc.

Mark Middendorf

Christine Rich

Susan Joy

Carol & Jerry McEwen & Jinx McEwen Lunger

Ingrid Wooten & Andrea Nielsen

Ivana Pelikan

Bob Mathew

Grant Doe, Jr.

Christine Rich

Susan Joy

John Mentis

TOP 10 SOLE PRACTITIONERS

John Mentis

Bob Mathew

Grant Doe, Jr.

Archie Harders

Ivana Pelikan

Mark Middendorf

Jim McCowan

Sherry Schaffer & Solange Ize (Tie)

LONG & FOSTER® ARLINGTON We Are Arlington’s Realtor

4600 Lee Highway • 703-522-0500 • arlington.va@longandfoster.com

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LONG & FOSTER ARLINGTON 2015 ®

GOLD TEAM

Tom Anderson

Chip Benjamin

Pat Bias

Elizabeth Bouchard

Dede Brough

Shane Canny

Richard Dale

Grant Doe, Jr.

Grant Doe

Nick Dorcon

Michele Graves

Archie Harders

Susan Joy

Solange Ize

Denny Kaydouh

Harry Lilly

Lynne Lilly

Bob Mathew

Jim McCowan

Carol McEwen

Jerry McEwen

Jinx McEwenLunger

Jim McGarity

Jackie McLaughlin

John Mentis

Marty Merriam

Mark Middendorf

Colin Middleton

Dick Nathan

Andrea Nielsen

Ivana Pelikan

John Plank

Charles Ramey

Christine Rich

Peggy Richardson

Lynn Robinson-Gant

Sherry Schaffer

Stacey Romm

Libby Ross

Sara Rubida

Evelyn Williams

Liz Schell

LONG & FOSTER® ARLINGTON

Ingrid Wooten

4600 Lee Highway

703-522-0500 arlington.va@longandfoster.com I N S I D E N O V A . C O M • S U N G A Z E T T E R E A L E S TAT E G U I D E • A P R I L 2 0 1 6

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Sales Up, Prices Slightly Down Across N.Va. During March Total sales were up slightly and average sales prices were down a tad as the Northern Virginia real estate market made the pivot from winter to spring. Home sales across the region totaled 1,542 in March, up 0.3 percent from the 1,538 sales reported a year before, according to figures released April 11 by RealEstate Business Intelligence, an arm of the local multiple-listing service. While sales were higher, the average sales price declined 1.9 percent to $537,628 for the month, due partly (but not exclusively) to fewer higherpriced single-family homes that went to closing. Data represent sales in Arlington and Fairfax counties and the cities of Alexandria, Fairfax and Falls Church. The average sales price of singlefamily homes that sold during March was $726,028, down 0.6 percent from $730,428. The average price of attached homes – such as townhouses – was down 1.6 percent to $398,837, while the average price of condominiums was down 5.6 percent to $317,307. A total of 99 properties went to settlement with prices of $1 million or more. Add up all the transactions, and March’s sales volume of just over $829 million was down 1.7 percent from $843 million a year before. Homes that went to closing in

This home on Utterback Store Road in Great Falls currently is on the market, listed at $1,599,000 by Joan Stansfield of Keller Williams Realty.

March spent an average of 66 days on the market between listing and ratified sales contract, an increase from the 62 days needed a year ago, and garnered 97.2 percent of original listing price, down from 97.4 percent. Of homes that sold, conventional mortgages were the method of financing the transaction in 917 cases, followed by cash (191) and VA-backed loans (177). At the end of the month, there were 4,288 listings on the market, a bump up of nearly 12 percent from a year before. Where is the market headed as springtime begins to (finally) take hold? Data look healthy, with a 23-percent increase in homes coming under contract in March and an 11-percent increase in overall pending sales. Figures represent most, but not all,

Open House Sunday April 17th , 1pm – 4pm

homes on the market. All figures are preliminary, and are subject to revision. D.C., Inner Core Sees Higher Sales, Flat Prices in March: Home sales across the District of Columbia and its inner suburbs were up in March from a year ago, while the average price declined slightly, according to new figures. Homes that went to closing last month totaled 3,755, an increase of 2.5 percent from March 2015, according to figures released April 11 by RealEstate Business Intelligence, an arm of the local multiple-listing service. The total represents closed transactions in the District of Columbia; Arlington and Fairfax counties and the cities of Alexandria, Fairfax and Falls Church in Virginia; and Montgomery and Prince George’s counties in Mary-

land. The average sales price of $479,313 was down 0.7 percent from a year before, due largely to a 1.1-percent drop in the average price ($576,934) of single-family homes. The townhouse and condominium markets were down about 1 percent. Homes that went to closing in March spent an average of 63 days on the market between listing and ratified sales contract, up from 62 days a year before, and garnered 97.1 percent of listing price, unchanged. There were 227 million-dollar-ormore transactions during the month, and the total sales volume for all sales clocked in at just under $1.8 billion, a 1.9-percent increase from a year before. Inventory is up, with 9,774 homes on the market at the end of March compared to 9,015 a year before, and the number of new listings on the market during the month was up 20 percent from a year before. Where is the market headed? Shortterm, things are looking positive, with the number of homes coming under contract and the number of pending sales both up from a year before. Figures represent most, but not all, homes on the market. All figures are preliminary, and are subject to revision. – Scott McCaffrey

If You List with me I DO IT ALL!! Need staging, remodeling, painting, removal of items, cleaning?? I arrange and monitor everything as part of my Real Estate services!

2057 Hillside Drive Falls Church, VA 22043 Elegant brick-front home boasts 5 bedrooms with 4.5 baths over 3 finished levels. Beautiful, open, floor plan with high end features and custom details throughout. Over 5,600 sqft plus additional 1,200 sqft of resort style outdoor living area with screened porch, outdoor kitchen, and Trex deck with a built-in hot tub! An absolutely stunning home in a great location - sought after schools of Lemon Road Elementary, Longfellow Middle, and McLean High School. Please stop by our open house this Sunday and call for more details.

I sell more because I do more, and I’m ready when you are.

Rob Ferguson – Ferguson Real Estate Team RE/MAX Allegiance 703-926-6139

$1,434,900

Ferguson Real Estate Team

Denny Kaydouh

www.fergusonrealestateteam.com

Dennysells@Verizon.net

703.926.6139

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703.244.7474


Millennials Increasingly Are Looking Toward the Suburbs A growing share of home buyers are Millennials, and more of them are purchasing single-family homes outside of urban areas, according to the 2016 National Association of Realtors Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent home buyers and sellers. The survey additionally found that although student loan debt is more prevalent among Millennial buyers, they aren’t the generation with the largest student-debt balances. The share of Millennials buying in an urban or central city area decreased to 17 percent (21 percent a year ago) in this year’s survey, and fewer of them (10 percent) purchased a multifamily home compared to a year ago (15 percent). Overall, the majority of buyers in all generations continue to purchase a single-family home in a suburban area, and the younger the buyer, the older the home they purchased. Lawrence Yun, chief economist for the National Association of Realtors, says while Millennials may choose to live in an urban area as renters, the survey reveals that most aren’t staying once they’re ready to buy. “The median age of a Millennial home-buyer is 30 years old, which typically is the time in life where one settles down to marry and raise a family,” he said. “Even if an urban setting is where

they’d like to buy their first home, the need for more space at an affordable price is for the most part pushing their search further out.” Adds Yun, “Furthermore, limited inventory in Millennials’ price range, minimal entry-level condo construction and affordability pressures make buying in the city extremely difficult for most young households.” For the third straight year, the largest group of recent buyers were Millennials, who composed 35 percent of all buyers (32 percent in 2014), more than the combined amount of younger and older boomers (31 percent). Generation X were 26 percent of buyers, and the Silent Generation made up 9 percent. FINANCING THE PURCHASE This year’s survey underlined the challenges debt had on some buyers’ ability to purchase a home. While debt delayed saving for a down payment for a median of four years for all buyers, the number of years postponed increased from three years for millennials to six years for older boomers. Among the share of buyers who said saving for a down payment was the most difficult task, millennials were most likely to cite student debt (53 percent) as the debt that delayed saving, while credit card debt was indi-

cated more by Gen X (44 percent) and younger boomers (36 percent). According to Yun, student debt is likely impacting more than just the Millennial generation’s ability to buy a home. “Whether it’s from financing their own education or borrowed for their children, it’s somewhat surprising to see a higher median amount of student debt among Gen X ($28,000) and younger Boomer buyers ($29,100) compared to Millennials ($25,000),” adds Yun. “One of the many reasons hous-

ing supply has been subdued in recent years may be because a segment of homeowners have decided to delay trading up or moving down in order to pay down their debt, including from student loans,” he said. Overall, the median down payment for homes purchased in the last year ranged from 7 percent for Millennial buyers to 21 percent for older boomers and the Silent Generation. Nearly a quarter (23 percent) of Millennials cited a gift from a relative or friend – typically their parents – as a source of their down payment.

JUST LISTED

$779,000 This lovely 3 BR 2.5BA Colonial style home is located in the sought after Westover neighborhood. Just blocks to stores/eateries/ shops and a quick 15 minute walk to metro! Offers an updated kitchen w/large island, side office/den w/heated tile floor and newer half bath, finished lower level with rec room, full bath and laundry room. Beautifully manicured, private backyard oasis w/slate patio. www.2010nnottinghamstreet.com

Kristin Kelly 703.402.6009

kkremax@gmail.com

Craig Mastrangelo 703.932.3622

craigmastrangelo@gmail.com

RE/MAX Allegiance

Each Office Independently Owned and Operated

The spring market is heating up! If you are looking to buy or sell, give us a call! We are ready to assist you! SPY HILL

6001 1st Street North, Arlington, VA 22203

This fantastic five bedroom Colonial offers three finished levels, a one car garage, an eatin kitchen with a lovely picture window overlooking a very private deck and hot tub! This home is perfectly located on a very quiet street in the heart of Arlington!

$

898,000

To learn more about this wonderful home, please visit www.6001-1stNSt.com.

2711 Bellforest Court, 107, Vienna, VA 22180

$

324,000

Welcome home! This beautiful, modern two bedroom, two full bathroom condo has it all! It’s open floor plan and large windows bring an abundance of natural light into the spacious living room and dining room. The open kitchen is stunning! The living room, dining room and bedrooms feature newly-installed carpet and freshly paint. The living room boasts a lovely gas fireplace, perfect for cozy winter nights. There’s even a separate laundry room. This condo is also fantastic for the spring and summer months with a convenient fitness center and a stunning lap pool, great for entertaining and relaxing on sunny days! You’ll love the charming brick balcony off the living room – the ideal spot for enjoying your morning coffee or grilling and eating dinner in the evenings.

HHHHH “Amazing local knowledge, unparalleled work ethic, always looking after her client’s interest. Pristine execution from beginning to end on both the buy and sell side. Outstanding results. My highest recommendation and appreciation for the excellent job she did when working with us.” HHHHH “We had the opportunity to work with Christine from both perspectives, buying and selling a home. She goes above and beyond expected real estate agent services throughout the process, paying attention to details, and communicating frequently. She takes the time to get to know her clients and works as a team with you. We recommend Christine wholeheartedly.” Christine’s passion for serving clients in an honest, transparent way with a lazer-like focus on client-service has led to her to winning real estate awards every year and a fast-growing client base. Word-of-mouth referrals and good old fashioned hard work have helped her become one of the top real estate agents in Arlington. As she demonstrates every day, “trust is earned, one client at a time.” Call her at 703-362-7764 if this is the type of real estate service you want. Christine knows it is the type of service you deserve.

Christine Rich 2711 Bellforest Court, 306, Vienna, VA 22180

$

315,000

This beautiful two bedroom, two bath fully renovated condo has it all! To top off this fantastic home is the great location – located just across the street from the Dunn LoringMerrifield Metro Station makes it convenient to get to shops, restaurants or to work. This home is just minutes to the Mosaic District! In the Westbriar community, this condo is just minutes from the local schools – Stenwood Elementary, Kilmer Middle, and Marshall High Schools, making everyone’s morning commute that much easier. Seller to pay first month’s condo fee!

REALTOR® Licensed in VA, DC and MD 4600 Lee Highway Arlington, Virginia 22207

703-362-7764

www.BestArlingtonHomes.com Christine@BestArlingtonHomes.com

ANN WILSON

Associate Broker GRI, CRS, ABR, EcoBroker, CLHMS 2101 Wilson Boulevard Suite 100 Arlington, VA 22201

703.328.0532

cell Washingtonian Best Realtors, 2015 Northern Virginia Magazine, Best Realtor, 2016

www.AnnWilsonHomes.com

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Low Supply Levels Impacting Home Sales Across the U.S. After increasing to the highest annual rate in six months, existing-home sales tumbled in February amidst unshakably low supply levels and steadfast price growth in several sections of the country, according to the National Association of Realtors. Led by the Northeast and Midwest, all four major regions experienced sales declines in February. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dropped 7.1 percent to a seasonally adjusted annual rate of 5.08 million in February from 5.47 million in January. Despite last month’s large decline, sales are still 2.2 percent higher than a year ago. Lawrence Yun, chief economist for the National Association of Realtors, says existing sales disappointed in February and failed to keep pace with what had been a strong start to the year. “Sales took a considerable step back in most of the country last month, and especially in the Northeast and Midwest,” he said. “The lull in contract signings in January from the large East Coast blizzard, along with the slump in the stock market, may have played a role in February’s lack of closings. However, the main issue continues to be a supply and affordability problem. Finding the right property at an afford-

Falls Church

able price is burdening many potential buyers.” According to Yun, job growth continues to hum along at a robust pace, but there appears to be some uneasiness among households that the economy is losing some steam. This was evident in NAR’s latest quarterly HOME survey – released in March – which revealed that fewer respondents believe the economy is improving, and a smaller share of renters said that now is a good time to buy a home. OVERALL DEMAND ‘SOLID’ “The overall demand for buying is still solid entering the busy spring season, but home prices and rents outpacing wages and anxiety about the health of the economy are holding back a segment of would-be buyers,” Yun said. The median existing-home price for all housing types in February was $210,800, up 4.4 percent from February 2015 ($201,900). February’s price increase marks the 48th consecutive month of year-over-year gains. Total housing inventory at the end of February increased 3.3 percent to 1.88 million existing homes available for sale, but is still 1.1 percent lower than a year ago (1.90 million). Unsold inventory is at a 4.4-month supply at the current sales pace, up from 4.0 months in January.

Arlington

$1,000,000

$995,000

All-cash sales were 25 percent of transactions in February, down from 26 percent both in January and a year ago. Individual investors, who account for many cash sales, purchased 18 percent of homes in February (17 percent in January), matching the highest share since April 2014. Sixty-four percent of investors paid cash in February. “Investor sales have trended surprisingly higher in recent months after falling to as low as 12 percent of sales in August 2015,” adds Yun. “Now that there are fewer distressed homes available, it appears there’s been a shift towards investors purchasing lowerpriced homes and turning them into rentals. Already facing affordability issues, this competition at the entry-level market only adds to the roadblocks slowing first-time buyers.” SHARE OF FIRST-TIME BUYERS The share of first-time buyers fell to 30 percent in February (matching the lowest share since November 2015) from 32 percent in January, but is up from 29 percent a year ago. First-time buyers in all of 2015 represented an average of 30 percent. According to Freddie Mac, the average commitment rate (link is external) for a 30-year, conventional, fixed-rate mortgage declined from 3.87 percent in January to 3.66 percent in February, which is the lowest since April 2015 at

Arlington

$850,000

3.67 percent. The average commitment rate for all of 2015 was 3.85 percent. Properties typically stayed on the market for 59 days in February, a decrease from 64 days in January and below the 62 days in February 2015. Short sales were on the market the longest at a median of 126 days in February, while foreclosures and nondistressed homes each took 57 days. Thirty-five percent of homes sold in February were on the market for less than a month. MULTIPLE BIDS NAR President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Fla., says many Realtors are saying instances of multiple bids and affordable homes going under contract quickly are common in their markets. “With low supply this spring buying season, it’s easy for buyers to get discouraged when their offer is rejected in favor of a higher bid,” he said. Matching the highest share since May 2015, distressed sales – foreclosures and short sales – rose slightly to 10 percent in February, up from 9 percent in January but down from 11 percent a year ago. Seven percent of February sales were foreclosures and 3 percent were short sales. Foreclosures sold for an average discount of 17 percent below market value in February.

Arlington

OPEN SUNDAY 1 TO 4 PM

UNDER CONTRACT

Pampered and Pristine

Leeway Heights

Tara

Tara/Leeway Heights

Nearly new four bedroom colonial with two car garage featuring fantastic new master bathroom and recent high end kitchen appliances. Two story family room offers fireplace, plantation shutters, and views of beautifully landscaped yard. Formal living and dining rooms, butler’s pantry and most convenient main level office, huge walkout basement with endless potential. Timber Lane, Longfellow, McLean schools.

Built in 2001, this 4 bedroom 2.5 bath expanded, classic Broyhill colonial offered four bedrooms upstairs, gorgeous family room, and chef worthy kitchen. Our careful preparation and recommendations to the owners helped the home sell quickly and with multiple offers. Please contact us today us to discuss our effective marketing methods.

Walk to Westover Village from 1930s Tudor with expansive solarium featuring an indoor pool. Main level bedroom, bath, and sitting room, three more bedrooms upstairs, woodburning fireplace flanked by built-ins, secret closets, nooks and crannies.

Bright, open airy 4 bedroom, 4.5 bath colonial with 1 car garage, nestled on a level lot with beautiful landscaping and extensive hardscape. Expansive kitchen opens to family room with fireplace, traditional living and dining rooms, comfy lower level rec room, and an enviable wine cellar.

Details of 1610 N. Greenbrier St. at betsytwigg.com

Details of 5436-20th Street, N. at betsytwigg.com

Details of 2707 Woodley Place at betsytwigg.com

COMING SOON

CALL US TO LIST OR BUY YOUR HOME

Betsy Twigg

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&

Anne Cronin 703.717.6313 Linda Murphy 703.717.6387

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4720 Lee Hwy Arlington, VA 22207


Washington Region’s Total Home Values Approach $1 Trillion The total value of residential real estate in the Washington region is inching back up toward $1 trillion, or about 3.3 percent of the national total, according to new figures from Zillow. The region’s cumulative home value of $939 billion was fourth highest in the nation at the end of 2015, behind Los Angeles ($2.4 trillion), New York City ($2.3 trillion) and San Francisco ($1.2 trillion). Other metro areas with total values topping a half-trillion dollars included Miami ($773 billion), Chicago ($741 billion), Boston ($634 billion), San Jose ($614 billion), San Di-

ego ($574 billion), Philadelphia ($567 billion), and Seattle ($506 billion). The value of all homes nationwide grew $1.1 trillion in 2015, and was expected to end the year at $28.5 trillion total. The value of the entire housing stock grew 4.1 percent over the past year, slower than the 6-percent growth in 2014. The total value of all homes has regained $5.3 trillion since hitting its lowest point during the housing bust in December 2011, but is still $782 billion below the bubble peak value of $29.2 trillion, reached in October 2006.

The dollar amount itself underscores the significance of housing to the U.S. economy. In the third quarter of 2015, the U.S. gross domestic product was $18.1 trillion, $10 trillion less than the total value of the housing stock. “This reminds us of the large role housing plays in the overall economy,” said Zillow chief economist Dr. Svenja Gudell. “Total home value growth slowed [in 2015], but there was still a significant increase in overall value, and many markets are more valuable than they’ve ever been ” Housing value isn’t distributed

equally across the country. California is home to about 12 percent of the U.S. population, but the state accounts for nearly a quarter of the country’s total home value, driven by high-value markets like Los Angeles and San Francisco. The survey also found that renters paid a cumulative $535.2 billion in 2015 – an average of $1,382 per month. In the Washington region, the figures were $14 billion and $2,110, respectively. Full data can be found at http://zillow.mediaroom.com.

Realtors: Builders Must Ramp Up Single-Family Construction Over three-quarters of surveyed households would purchase a singlefamily home if they were to buy in the next six months, and 79 percent of renters would choose to buy outside of an urban area, according to the second installment of the National Association of Realtors new quarterly consumer survey. The survey also found that confidence about now being a good time to buy is waning amongst renters, particularly in the West – where prices have solidly risen. In NAR’s first quarter Housing Opportunities and Market Experience (HOME) survey, respondents were

asked about their confidence in the U.S. economy and various questions about their housing expectations and preferences, including a question on if they were to purchase a house in the next six months, what type of home and in what area would they choose to buy. The survey data reveals an overwhelming consumer preference for single-family homes in suburban areas. Most current homeowners (85 percent) and 75 percent of renters said they would purchase a single-family home, while only 15 percent of homeowners and 21 percent of renters said that would buy in an urban area.

Lawrence Yun, NAR’s chief economist, says the survey findings call attention to the glaring need for more supply of single-family homes. “The American Dream for most consumers is not a cramped, 500square-foot condo in the middle of the city, but instead a larger home within close proximity to the jobs and entertainment an urban area provides,” he said. “While this is not a new discovery, supply and demand imbalances and unhealthy levels of price growth in several metro areas have made buying an affordable home an onerous task for far too many first-time buyers and middle-class families.”

According to Yun, it’s time for homebuilders to double their focus on constructing single-family homes. With Millennials increasingly buying in the suburbs – as NAR reported earlier this month – tight inventory and affordability concerns will likely worsen without significant headways made in housing starts in relation to job creation. Among current homeowners, fewer (56 percent) believe it is a good time to sell compared to the fourth quarter of 2015 (61 percent). Amidst steep price increases and tight supply, respondents in the West were the most likely to think now is a good time to sell.

Carol, Jerry & Jinx Our past clients have always been our biggest fans! To become a fan; give us a call! “You made this process work seamlessly and you made me feel like a valued friend. I truly felt that I was in the hands of a trusted, professional couple who really cared about the people they work with. Thank you so much for all you did ... I truly value your friendship & your counsel. Most Sincerely,” Dian P. “Particularly impressive, we believe, was your proactive approach to the issues, attention to detail, and effort to keep us fully informed throughout the process. Best wishes to you in the future. Sincerely,” Diane S. “We truly appreciate all the wisdom, insight, knowledge, and professionalism you brought to our search for a home. You really made this happen for us and we are so grateful. Thank you so much! Sincerely,” Jenny, Jason S.

“Now that we're beginning to settle in after our move, we want to express our gratitude for your expertise in selling our house in Arlington. We valued your professionalism and wisdom throughout the process. You made it painless!” Kathy & Mike, Mc “Ther is no way I culd av ted jt aboy to mang eveythn o aesly -- and get th pl old fr  o ft! Tak Car,” Cynthia B. “Thank you so much for the excellent service you gave us in selling our home in Arlington and buying one in Reston. You anticipated concerns and had plans of action ready. During the weeks we all worked together, we came to see you as friends we could count on. If you need a reference at any time, count on us. And please stay in touch. All the best, " Steve T. and Stephenie O.

NVAR Lifetime Top Producers! The #1 Family Team in Arlington! We do more business than over 99% of all the agents in Northern Virginia! Call us, 703-622-4441, to buy or sell, because you deserve the Best! I N S I D E N O V A . C O M • S U N G A Z E T T E R E A L E S TAT E G U I D E • A P R I L 2 0 1 6

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Tour Homes by

Tour Homes Northern by

Virginia’s Northern Trendsetting Virginia’s Trendsetting New Home New Home Builders & Builders & Remodelers Remodelers Masterpieces Masterpieces Made Made Here Here

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Virginia Real Estate Sees Higher Sales, Slightly Lower Prices Year-over-year home sales across Virginia were up in February even as median sales prices took a slight dip, according to new figures from the Virginia Association of Realtors (VAR). A total of 6,391 properties went to closing during the month, up 5.5 percent from the 6,058 transactions reported statewide in February 2015 – a direction that officials in the realestate industry hope will continue as the market transitions into the busy spring-summer season. “With continued low interest rates and inventory increasing into spring, sales should continue to rise, in keep-

ing with both seasonal trends and the sustained strengthening of Virginia’s real-estate industry,” VAR president Bill White said. While sales were up, the median price of $242,600 reported in February was down about 1 percent from $245,000 a year before. The median price also was down slightly from January 2016, marking only the third time since 2008 that the state market has seen a price drop over the January-toFebruary period. The decline is not necessarily due to similar homes selling for less, VAR officials suggested, but perhaps to limited

inventory in some price categories of the market. Buoyed by the higher sales, total volume for the month was up 4.9 percent from a year before, standing at $1.93 billion. Homes that went to closing in February spent an average of 85 days between listing and ratified sales contract, an improvement from the 91 days required in January 2015. Those going to closing in February benefited from the lowest average 30year, fixed-rate mortgage-interest rate (3.66 percent) in more than a year. Virginia’s real estate market normal-

ly is cyclical, with higher sales in the spring and summer and lower totals in autumn and winter. The 2015 market peaked in June with more 12,680 transactions before trending downward. December 2015 saw an unusual boost in sales. Given current market conditions, “Virginia can expect to see month-tomonth increases in sales through June, based on historic trends,” noted the Virginia Center for Housing Research at Virginia Tech, which analyzes data for VAR. Complete statistics can be found on the Web site at www.varealtor.com.

Survey: Relocation Benefits Help to Recruit, Retain Employees Amidst tougher competition for the best and brightest employees, 60 percent of companies say that relocation policy benefits are critical to recruiting talent. Yet an alarming majority of companies still pursue outdated workforce mobility practices that put them at risk of losing the very talent they’re investing in. These were some of the key findings of the latest survey by Weichert Workforce Mobility Inc., a global leader in the deployment and management of mobile talent. OAKTON

Multidimensional Views on Workforce Mobility is Weichert’s ninth annual survey to identify the top relocation challenges and trends and offer best practice recommendations. This year’s results are based on the input of 170 corporate relocation managers at North American companies across all major industries. Reflecting the title of this year’s study, results show corporate relocation managers waging the war for talent on several fronts, and balancing the need to provide the benefits necessary to attract and retain top talent with an

LET ME ENTERTAIN YOU

$917,777

unrelenting pressure to control costs. Forty percent of companies expect their relocation volume to increase over the next 12 months, underscoring its importance to business growth. Reducing cost was the most commonly cited driver of the changes companies made to their relocation programs over the past year. In fact, “controlling relocation spend” was the number one reason cited for the wider adoption of flexible relocation programs, which include temporary, rotational and commuter assignments, lump sums and extended

business travel. These programs not only offer less costly alternatives to “traditional” assignments, but also make relocation appealing to a wider range of employees and keep talent more readily deployable as new opportunities arise. “When it comes to workforce mobility, the mantra is, ‘be flexible, but be cost-conscious, too,’” said Jennifer Connell, North American Practice Leader for Weichert’s Advisory Services group and architect of the survey. “When managed right, flexible programs allow companies to be both.

Coming Soon in Lee Heights

OP

E 4/ N S 17 UN 1- DA 4 Y

Bodacious Beauty. Upgrades Galore – roof, windows, all baths, gas HVAC, appliances, granite, marble, oak floors. Awesome front porch, banquet-size DR, fam rm/kitchen, library, w/o rec rm, 4 large BRs, 3.5 BAs, big 2 gar. ½ Acre. Madison HS Tier. 2811 Rifle Ridge Rd

FALLS CHURCH CITY EAST

BIKE W&OD WITH ME

$949,950

4430 Vacation Lane 3BR/2.5BA colonial with addition in Lee Heights. 3BR/2BA upstairs with spacious bonus room. Meticulously maintained, professionally landscaped. Swimming pool, screened-in porch, picturesque and private setting. Schools: Taylor, Williamsburg,Yorktown.

OP

E 4/ N S 17 UN 1- DA 4 Y

$925,000

Near Metro & Bike Trail * Expanded brick 4 level split * Totally Renovated * Gourmet Kitchen * Family Room * Sunroom * Awesome Master Suite, his/her wics, * 2 steam showers, 2 jetted tubs * 4 BR, 3 FBA, 2 frplcs. Patios on fenced 1/3 acre. Practical design for the Active. 421 Lincoln Ave

Sally DiGiovanni, sally@ezhomesale.com 309 Maple Ave, W, Vienna, VA

Associate Broker

703-919-5700 703-938-4200

Patricia & John Seggerman, Reatlors 703-403-2844 www.TeckSeggHomes.com 240-271-5805

Keller Williams Realty 703-533-1500

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Enjoy Exceptionality Through and Through

Late-1980s Property Helped Usher in a New Era in Upscale Local Real Estate

T

he very tail end of the 1980s represented the most important turning point in Arlington’s real estate market since the beginning of World War II, which forever carved the market into “prewar” and “post-war” segments. In fact, the late ’80s and early ’90s can be considered the vanguard of the community’s current homes market. Smaller starter homes were succeeded by impressive manor properties that took advantage of Arlington’s close-in location and emerging amenities. Our featured property is a case in point. An astounding, Georgian-inspired colonial set on a 10,000-square-foot lot in Country Club Manor, the home is a testament to elegance. Its location on one of the quietest streets in the vicinity (no through traffic!) only adds to its appeal. This no-expense-was-spared property currently is on the market, listed at $1,357,777 by Peggy Richardson and Stacy Romm of Long & Foster Real Estate. The impressive curb appeal of the allbrick exterior sets the tone for all that will follow, and as we move from outside to inside, the property shines with the beauty of natural sunlight. Formal rooms are appropriately sized, with stylish hardwoods. Our tour of the first level begins with the expansive formal living room, which proffers the first of the home’s three gas fireplaces. The dining room is large enough to entertain a holiday gathering, and the kitchen is designed to accommodate the needs of a serious chef while retaining a sense of upscale charm. A main-level family room is an added gathering space, perfect for all types of endeavors, and is home to a second fireplace. Located off the main traffic flow is a bonus space that works well as a den, study or library. The master retreat – with the home’s third fireplace – is the focal point of the upper level, with a large bedroom area, plentiful closet space and sumptuous bath. Three additional bedrooms can be found on this level. Downstairs we go, where the large recreation room will become a centerpiece of daily family living throughout the year. The lower level also is home to

a storage room and laundry facilities. The technical and mechanical aspects of the home are first-rate, from the dualzone HVAC system to the extra-large hot-water heater to the hard-wired security system. An underground sprinkler system is yet another added bonus. 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) 738-2520.

Facts for buyers Address: 3512 North Dinwiddie Street, Arlington (22207). Listed at: $1,357,777 by Peggy Richardson (703) 346-8326 and Stacy Romm (703) 298-8197. Long & Foster Real Estate (703) 346-8326. Schools: Jamestown Elementary, Williamsburg Middle, Yorktown High School.

BILLY BUCK

Associate Broker, Buck & Associates, Inc. Office: 703.528.2288 Direct: 703.855.2825 billy@buckrealtors.com • www.buckrealtors.com

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Buck & Associates R E A L E STAT E S I N C E 1 9 7 6


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Valley. We’ve brought 55+ resort living to Northern Virginia, with a community that will offer you a whole lot more than just an excellent Shea home. Trilogy at Lake Frederick is destined to exceed even the highest expectations. The Shenandoah Club – our innovative resort club will feature all the latest in dining, state of the art fitness facilities, and opportunities for amazing social connections. Discover why resort living at Trilogy is the perfect choice for the next chapter of your life. Welcome to The Good Life.

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5 5 + R E S O R T L I V I N G I N T H E S H E N A N D OA H VA L L E Y F R O M T H E H I G H $ 2 0 0 S - $ 5 0 0 s | 855.321.9528 | T R I LO GY L I F E .CO M Trilogy® is a registered trademark of Shea Homes, Inc. Sales and Construction by Shea Homes Limited Partnership (License #2705152813). Homes at Trilogy at Lake Frederick are intended for occupancy by at least one person 55 years or older, with certain exceptions for younger persons as provided by law and the governing covenants, conditions and restrictions. This is not an offer of real estate for sale, or a solicitation of an offer to buy, to residents of any state or province in which registration and other legal requirements have not been fulfilled. Void where prohibited. Models are not an indication of racial preference. © 2016 Shea Homes, Inc. All rights reserved.

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Q&A

Continued from Page 11 Billy Buck, Buck & Associates: “In most cases the seller or client will govern that decision. My preference is Wednesday or no later than Thursday, so there will be time to have the listing fully in the system and up on all the Web sites in time for the weekend. That is critical. That way, buyers not working with an agent can see the listings. Sometimes it takes a day or two for the updates to be made, that’s why you want it listed on Wednesday or Thursday.” Carol Temple, Coldwell Banker: “If you list on Thursday morning, perspective buyers are looking online for fresh stuff, and agents are doing the same things. It’s all about perception and seeing the newest properties. A Monday listing has been on the market a while. You want to buy the newest pair of shoes, not the ones that have been looked over by so many others.” Dawn Wilson, Keller Williams: “You want to build clients and create exictement and interest for the weekend open houses. So I prefer a listing Wednesday evening or early Thursday. That way, all the Web sites have time to pick up the information before the weekend. That can create a lot of activity. If you list a property sooner in the week, it’s not as new or exciting.” Gloria Adams, TTR Sotheby’s: “In this area, really any day is a good time because it will get shown. A Thursday listing,

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though, probably gets that good pop before the weekend.” Rob Ferguson, Re/Max Allegiance: “I’ve kind of switched up. Typically, I like Wednesday now because most buyers start looking online about then to get organized for looking at properties on the weekend. Monday and Tuesday is too early, because buyers are just getting back into the swing of working after the weekend, and they aren’t paying too much attention to the market. Homes listed then can get lost in the shuffle.” Dean Yeonas, Yeonas and Shafran Real Estate: “There is not a perfect strategy. One is to list on Wednesday or Thursday, but make it open to a brokers’ tour on Tuesdays to build a little momentum before publicly listing. That way, agents can alert perspective buyers so maybe you can get a little pre-marketing effort going on.” Natalie Roy, Keller Williams: “The best days appear to be Tuesdays and Fridays. Monday is the day you get to back to work. Tuesday you are caught up and a tad more relaxed. Many of my clients use Tuesdays to plan their weekend tours of properties. Friday also works as a good day. People are in good moods about the upcoming weekend and seem to be more receptive to prospective new properties.” Donna Moseley, TTR Sotheby’s: “By listing Wednesdays, you have time to proof the listing, do any troubleshooting and get it in front of the public before the weekend. Buyers are not searching as much on Mondays and Tuesdays. Monday is kind of a ‘regroup day’ after a busy week-

end.” Laurie Mensing, Long & Foster: “Any day! But I prefer to put a property in the computer Thursday evenings to catch active agents and buyers who are looking to pursue new listings for the coming weekend.” Adam Gallegos, Arbour Realty: “I always shoot for Wednesdays. I have found people are not very active on Monday or Tuesday. This system has worked well for us, and we have tried a lot things.” Betsy Twigg, McEnearney Associates: “My favorite day is Thursdays so the people who are maybe considering going out on tours for the weekend will have a chance to see the house. That creates a little bit of an air of excitement and anticipation if people know a property is coming on the market at the end of the week.” Carol Ellickson, TTR Sotheby’s International Realty: “Thursday seems to work best for me. The agents will see a new listing for sure Friday morning when they are looking for their updates. They have time to reach out to their buyers. I try to have an open house that Sunday. If I put a listing on the market too early in the week, there are usually few showings anyway, as people are working.” Chris Wilkes, Washington Fine Properties: “While consulting with our clients, we often recommend that Wednesday or Thursday in the mornings is the best time to go live with a new property. This allows the property enough time to be uploaded onto the dozens of real estate search Web sites, giving buyers and bro-

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kers time to plan their property search. It also allows us the opportunity to coordinate our online marketing with our print media, which are all published Wednesday through Sunday. We have found that this strategy creates great reaction from the marketplace.” Joan Stansfield, Keller Williams: “Thursday or Friday are the best. If the sellers want an open house, Thursday morning (after midnight) is best in order for the listing to get picked up by online sites that buyers use to schedule their weekend open house tours. If no open is scheduled, then Fridays, historically, are the best. Statistics show that you get the most traffic and interest in the first few days of a listing.”

PUBLISHER’S NOTICE

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.

EHO

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


F I N E P RO PE RTI E S I N T E R N A T I O N A L

I N S I D E N O V A . C O M • S U N G A Z E T T E R E A L E S TAT E G U I D E • A P R I L 2 0 1 6

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Location, Location Location...

2700 N. Fillmore St, Arlington VA 22207 • $1,250,000

• 1 level living at its finest w/Garage, BRs, Kitchen, Living, Dining & Family rooms on 1 level ! • “Woodmont” 1 traffic light to DC • 22,923 sq ft lot backing to Parkland • 5 BRs, 4.5 Baths * Daylight walkout basement w/ 2 BRs, 2 Baths, 2 Living rooms, 2nd Kitchen & seperate entrance.

OPEN HOUSE 4/17, 1-4PM

1604 Fielding Lewis Way, McLean VA 22101 $1,599,900 • Backing to Marie Butler Park & Wildlife Preserve • Quiet cul de sac w/ample level play areas • 6 BRs & 5.5 Baths • 2 story Great room • 4 sides brick • Chesterbrook school

2121 N. Pollard St, Arlington VA 22207 $899,900 • 3 story addition - 2009 • Kit/Family Rm combo • 4 BRs, 2.5 Baths up • 1819 vintage • 1 block to everything Cherrydale plus Metro 1.1mi

SOLD IN 3 DAYS! 3119 N Thomas St, Arlington VA 22207 Listed $950,000 SOLD $950,000

SOLD IN 2 WEEKS! 2601 23rd Rd N, Arlington VA 22207 Listed $775,000 SOLD $775,000

Kevin Love Life Member, NVAR Top Producer 703.969.6776

Kevin@KevinLove.com www.KevinLove.com

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A P R I L 2 0 1 6 • S U N G A Z E T T E R E A L E S TAT E G U I D E • I N S I D E N O V A . C O M

UNDER CONTRACT IN 4 DAYS! 2351 N. Vermont St, Arlington VA 22207 Listed $875,000 PENDING

Virtual T ours @

KevinLo ve.com


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Sun Gazette Arlington, Real Estate Guide, April 14, 2016 by InsideNoVa - Issuu