Virginia ranked in top 20 of happiest states; Simcha Expo, Pets Expo

Virginia_Top_20
Image credit McEnearney Associates

Virginia residents should all sing along with Virginia Beach native Pharrell Williams: “Because I’m happy!” (Consumers were so “happy” with this Top 40 song that it became only the fourth single in 20 years to go triple platinum.) According to WalletHub, this southern state ranks as the 19th happiest state in the U.S. for 2015.

Continue reading “Virginia ranked in top 20 of happiest states; Simcha Expo, Pets Expo”

2016 Fairfax County real estate assessments; Dr. Seuss’ birthday party + more

Local Real Estate News

Fairfax County logoMore than 350,000 updated real estate assessments for 2016 are now available online (and they are being mailed to all property owners). Approximately 55 percent of residential property in the county increased in value over the past year due to equalization, with an average increase of 1.64 percent. Non-residential real estate values (such as commercial) increased 2.87 percent on average due to equalization.

Continue reading “2016 Fairfax County real estate assessments; Dr. Seuss’ birthday party + more”

5 Most expensive homes on the market in Reston; Yoga at Oatlands

Local Real Estate News

1830 Fountain Dr.
1830 Fountain Dr.

Ever the Curious George, I searched for the five most expensive homes currently on the market in Reston. Here’s what more than $1 million will buy you just east of Dulles Airport.

1830 Fountain Drive, #1505 — This 3 bedroom, 3.5 bathroom penthouse condo at Paramont is listed at $1,549,900. With 3,000 square feet, the unit offers panoramic views, floor-to-ceiling windows and hardwood floors throughout, and comes with three parking spaces and a storage unit. The condo fees are $1,178/month.

Continue reading “5 Most expensive homes on the market in Reston; Yoga at Oatlands”

Dulles, Reagan airports set records; Upcoming event for cyclists

Image credit McEnearney Associates
Image credit McEnearney Associates

D.C.-area airports are setting impressive numbers lately when it comes to passenger counts and more. January through November of 2015 saw Ronald Reagan Washington National Airport (DCA) beating the passenger counts of the year before. In just the month of November, 1.94 million travelers passed through the airport, making for a 14.1 percent increase from the previous year. In all, a total of 20.8 million people traveled through DCA between January and November. This total shows passenger counts rising 11.6 percent from 2014. Because of this, DCA has now had record amounts of passengers flying into and out of the busy airport for six straight years.

Continue reading “Dulles, Reagan airports set records; Upcoming event for cyclists”

Search for your next home by school boundaries; Local spring events

MCE School-Boundary-Search
Image credit McEnearney Associates

Local Real Estate News
The search for the perfect home can be tough, but pair that with getting into the right school district and you may feel stumped. How many times have you looked online, only to fall in love with a misleading property that is not within your preferred school boundary line?

Good news! McEnearney.com now offers a School Boundary Search tool to make life a whole lot easier when searching for a new home. It’s simple and easy to use.

Continue reading “Search for your next home by school boundaries; Local spring events”

Reston reaches for the sky with new skyscraping office building; “Appraisal Roadshow,” Spring Flea Market coming in March

Click here to view an interactive map of all the new construction taking place in Reston.

Reston metroA skyscraping office building is set to be constructed just north of the Reston Town Center, with a height that is 125 feet taller than any other surrounding structure.

Continue reading “Reston reaches for the sky with new skyscraping office building; “Appraisal Roadshow,” Spring Flea Market coming in March”

Metro D.C. No. 6 in new construction; I-66 to be widened, tolls to start in 2017

Local Real Estate News
The metro Washington, D.C. area (to include Washington-Arlington-Alexandria) was the No. 6 metro area nationwide with the most new construction in 2015, according to the study, “Building Boom Towns” by Dodge Data. The list tallies the dollar value of construction starts (breaking ground and actually beginning work) for single- and multi-family homes, office, retail, warehouses, healthcare facilities, educational buildings, manufacturing plants and research facilities, among others.

For the Washington, D.C. metro area in 2015, there was $11.3 billion of new construction underway, a change of -7 percent from 2014 of $12.2 billion. The largest project started in 2015 was a $345 million Museum of the Bible, funded by Hobby Lobby.

Continue reading “Metro D.C. No. 6 in new construction; I-66 to be widened, tolls to start in 2017”

[Video] 6 Tips on Preparing Your Home for an Open House

02_6 Tips for Preparing Your Home for an Open House   YouTube

Here are 6 tips of things you should to do to help prepare your home for an open house. Not quite there yet? Get in contact with me so we can make getting the highest price for your home a reality!

I can be reached at 703-738-9505 or lbudik@mcenearney.com.

Many thanks to J Media Group for the video recording, editing and production.

Continue reading “[Video] 6 Tips on Preparing Your Home for an Open House”

What’s ahead for 2016 in real estate? And celebrate Washington’s birthday all month long

Local Real Estate News
MCE for sale sign
WHAT’S AHEAD FOR 2016? 2015 was better than 2014 across the entire metro DC area for the two most important metrics – total settlements and new contract activity – but most other indicators were a little worse. With the exception of Washington, D.C. itself, homes took a little longer to sell, price appreciation was moderate at best and overall supply rose as more new listings came on the market.

What’s ahead for 2016? We think the market is headed toward something we haven’t seen in almost 15 years: normalcy. During the past decade and a half we’ve seen some wild swings in real estate, from the pause after the horrors of Sept. 11, to the rapid run up in home prices 10 years ago with teaser rate mortgages and people buying homes who could not possible afford them, to the crash that followed.

Click here to read the entire bi-monthly MarketWatch report by McEnearney CIO David Howell.

Continue reading “What’s ahead for 2016 in real estate? And celebrate Washington’s birthday all month long”

WWI Memorial snags a talented duo and memorable concept; Rescue Reston to present ‘Paint & Sip’ event

pershing park
Pershing Park in Washington, D.C. Photo credit National Park Service

UPDATE: Thanks to reader Charles Birnbaum for providing this related information.

Pershing Park in Washington, D.C., will soon have a landmark sure to bring in crowds of those mourning, observing or acknowledging our fallen heroes.

Continue reading “WWI Memorial snags a talented duo and memorable concept; Rescue Reston to present ‘Paint & Sip’ event”