616 Plum St SW Vienna VA 22180

More info, price & floorplans of 616 Plum St SW Vienna VA 22181

Call Terry Belt & The Belt Team at (703) 242-3975

For more questions or for a specific update on YOUR neighborhood – call The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than any other Realtor or team since 1973.

New Homes For Sale Vienna VA

126 Haycock Rd B3 Falls Church VA 22046 – Listed by The Belt Team

126 Haycock Rd B # Falls Church VA 22046 was just listed by The Belt Team!

Here’s a sneak peek:

More info, price & additional photos of 126 Haycock Rd B3 Falls Church VA 22046

Call Martin & The Belt Team at (703) 861-2967.

Falls Plaza Condo


For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation.

Best Real Estate Agents in Vienna VA

7535 Burnside Ct Falls Church VA 22043 – Listed by The Belt Team – Open House February 14

7535 Burnside Ct Falls Church VA 22043 is listed by The Belt Team and will be OPEN ON SUNDAY, FEBRUARY 14th from 1-4PM.

Here’s a sneak peek:

More info, price & additional photos of 7535 Burnside Ct Falls Church VA 22043

Call Terry Belt & The Belt Team at (703) 242-3975

Beverly Hills Quality! Pimmit Hills Value! Proudly Built by Taurus Enterprises, LLC

Top notch finishes & features including 9′ ceilings, finished in place 4 1/4″ red oak hardwoods, upgraded ceramic tile, custom hand crafted Pennsylvania kitchen cabinetry & cherry closet built-ins, extra wide moldings & trim, master bedroom with boxed ceiling, abundant recessed lighting, gourmet kitchen with granite, stainless steel appliances, island, large deck off family room. Super lot, craftsmanship, location & schools!

New Homes Falls Church New Homes Falls Church New Homes Falls Church


For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation.

Best Real Estate Agents in Vienna VA

Will Appraisals Continue to be a Challenge in 2016?

Our friends at Keeping Current Matters have provided us with some research indicating low appraisals could continue to be a problem in 2016. Here’s what they say:


Will Appraisals Continue to be a Challenge in 2016? | Keeping Current Matters

“First American Title issues a quarterly report, the Real Estate Sentiment Index (RESI), which “measures title agent sentiment on a variety of key market metrics and industry issues”. Their 2015 4th Quarter Edition revealed some interesting information regarding possible challenges with appraisal values as we head into 2016.

“The fourth quarter RESI found that title agents continue to believe that property valuation issues will be the most likely cause of title order cancellation over the coming year.”

This shouldn’t come as a surprise. In a housing market where supply is very low and demand is very high, home values increase rapidly. One major challenge in such a market is the bank appraisal. If prices are jumping, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the price when performing the appraisal for the bank.

Another monthly report by Quicken Loans measures the disparity between what a homeowner believes their house is worth as compared to an appraiser’s evaluation. Here is a chart showing that difference for each month through 2015.

Will Appraisals Continue to be a Challenge in 2016? | Keeping Current Matters

Bottom Line

Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). With escalating prices, the second sale might be even more difficult than the first. That is why we suggest that you use an experienced real estate professional to help set your listing price.”


We concur. Our Northern VA market may not be seeing huge price increases, but there are still pockets where homes are selling with multiple offers and above sales price. In this situation, there are a number of strategies your Realtor may employ to protect you. For example, sometimes you can strike the appraisal and financing contingencies, or look for contracts where the buyer is making a large down payment. This is why who you select to represent you when selling your home is SO important. There are a million ways a sale can fall through. This is is just one. Make sure your Realtor knows how to bulletproof a transaction. Ask your agent LOTS of questions before you hire them!

Call Terry Belt or Kevin Kleifges at (703) 242-3975 for more info about selling your home.

616 Plum St SW Vienna VA 22180 – Listed by The Belt Team & Open February 7

616 Plum Street SW Vienna VA 22180 has just been listed by The Belt Team and will be open SUNDAY, February 7th from 1-4PM! Call Terry Belt at (703) 242-3975 for more info!

Proudly built by The Orion Group LLC

A new standard of quality, design and living set apart from the typical “cookie cutter” new craftsman style home found in Town.  This home is a stunner and will give you a place to make endless memories. It is truly a work of art and has many unique features. You won’t find anything like this in Vienna.New Homes For Sale Vienna VA

Well located in the heart of the Town of Vienna, this 5 bedroom, 4 ½ bath home is approximately 5,000 square feet of quality and distinct contemporary flare, exuding luxury and comfort. Situated on an oversized beautiful lot, 616 Plum Street personifies modern luxury living. No expense was spared in designing and building a home that will provide you with an amazing living, leisure and entertaining space.

More info, price & floorplans of 1913 Plum St SW Vienna VA 22181

Call Terry Belt & The Belt Team at (703) 242-3975

For more questions or for a specific update on YOUR neighborhood – call The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than any other Realtor or team since 1973.

Best Real Estate Agents in Vienna VA

7535 Burnside Ct Falls Church VA 22043 – Listed by The Belt Team – Open House February 7

7535 Burnside Ct Falls Church VA 22043 is listed by The Belt Team and will be OPEN ON SUNDAY, FEBRUARY 7th from Noon to 3PM.

Here’s a sneak peek:

More info, price & additional photos of 7535 Burnside Ct Falls Church VA 22043

Call Terry Belt & The Belt Team at (703) 242-3975

Beverly Hills Quality! Pimmit Hills Value! Proudly Built by Taurus Enterprises, LLC

Top notch finishes & features including 9′ ceilings, finished in place 4 1/4″ red oak hardwoods, upgraded ceramic tile, custom hand crafted Pennsylvania kitchen cabinetry & cherry closet built-ins, extra wide moldings & trim, master bedroom with boxed ceiling, abundant recessed lighting, gourmet kitchen with granite, stainless steel appliances, island, large deck off family room. Super lot, craftsmanship, location & schools!

New Homes Falls Church New Homes Falls Church New Homes Falls Church


For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation.

Best Real Estate Agents in Vienna VA

No Matter Which Groundhog You Listen To, You Should Sell Before Spring!

Here’s the latest national update from our friends at “Keeping Current Matters”:

Is spring closer than we think? Depending on which Groundhog you witnessed this week, you may have less time than you think to get your home on the market before the busy spring season.

Should I Sell Now Or Wait Until Spring

Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.

Here are five reasons to sell now. 

1. Demand is Strong

Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that buyers are still out in force looking for their dream home. These buyers are ready, willing and able to buy…and are in the market right now!

Take advantage of the strong buyer activity currently in the market. 

2. There Is Less Competition Now

Housing supply just dropped to 3.9 months, which is well under the 6 months’ supply that is needed for a normal housing market. This means, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market.

There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last three years. Many of these homes will be coming to the market in the near future.

Also, new construction of single-family homes is again beginning to increase. A study byHarris Poll revealed that 41% of buyers would prefer to buy a new home while only 21% prefer an existing home (38% had no preference).

The choices buyers have will increase in the spring. Don’t wait until all this other inventory of homes comes to market before you sell.

3. The Process Will Be Quicker

One of the biggest challenges of the housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. There is less overall business done in the winter. Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays begin will lend itself to a smoother transaction.

4. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 5.4% over the next 12 months according to CoreLogic. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30-year housing expense with an interest rate below 4% right now. Rates are projected to rise by three-quarters of a percent by the end of 2016.

5. It’s Time to Move On with Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take back control of the situation by putting your home on the market. Perhaps, the time has come for you and your family to move on and start living the life you desire. That is what is truly important.

You deserve the best. Call Terry Belt, Kevin Kleifges & The Belt Team at (703) 242-3975 for more info or to schedule a FREE, personalized consultation about selling your home.