Northern Virginia – Post Hurricane Sandy

This video was made “tongue in cheek”. We actually take the hurricane very seriously and are praying for all involved – with a special thanks to our first responders, utility workers, etc. If you live in Northern VA and need assistance with finding contractors following the storm, please don’t hesitate to contact The Belt Team. We are happy to share the names of plumbers, roofers and other folks that we work with!

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Just Listed – Minutes to Vienna Metro!

Just Listed in Mosby’s Landing in Vienna – $285,000

Beautiful townhome in popular Mosby’s Landing! Great location mere minutes to Vienna Metro – and in the wonderful Town of Vienna! This spacious 2 bedroom unit features main level hardwood floors, crown molding, living room, additional dining/family room off kitchen & lots of storage. Expansive master bedroom. Roomy second bedroom has space for additional seating area. Full duel entry bath has been expanded & renovated. New front porch in 2012.

More Info about 2489 Glengyle Drive #148 in Vienna

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We have more listings coming on the market. Let us know if you would like to be on our PRIORITY NOTIFICATION LIST so that you can find out about listings BEFORE they hit the market!

Just Listed & Open Houses in Vienna – Oct 28th

In 4 weeks, it will be time to celebrate Thanksgiving. Imagine doing so in your new home! There’s still time! Stop by our open houses this weekend. We’ll help find a way to make your dreams come true! (Scroll down for open house details.)

But first, here’s our Friday Funday Video – “Dreams” from the Bodeans!

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JUST LISTED!!!

OPEN SATURDAY 1-3PM

Glengyle Drive in Vienna
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Read about “Life In Vienna”

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JUST LISTED!!!

OPEN SUNDAY 1 – 4PM

1928 Labrador Lane in Vienna – $869,000

Recently expanded colonial in sought after Eudora. Approximately 2,875 finished square feet above grade. Fine bedrooms, 3 full baths & two half baths. Gorgeous new master suite addition on the 2nd floor, with office & spacious laundry/mud rm on main level. Kitchen remodeled in 2005, huge living room with woodburning fireplace. Great outdoor entertaining space including screened porch, hardscaped patio & large Trex deck with hot tub. Finished lower level with wet bar

Read about “Life In Vienna”

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HomeBuyer Question – Do I Need A Survey?

Here’s a question we often get asked by our Home Buyers:

“I’m already spending a LOT of money on my new home. Do I REALLY need to get a survey? My lender says they don’t require one. Is this is an area where I can save money by skipping it?”

We advise our Buyers to ALWAYS get a survey. Here’s why:

1. Without a survey, you have no idea whether there are encroachments, easements and other sorts of things that may matter to you (like flood plains or cemetery easements!). For example, on a contract we settled earlier this month, the survey showed that the fence on the property (and the hot tub!) was actually installed over the property line and in the common area of the townhouse community. So the backyard area was really not as big as it appeared to the buyer. AND if the buyer accepted it “as is”, the Homeowner’s Association could at some point require him to move it (at his expense!).

2. When you purchase title insurance, if you do not also purchase a survey, the insurance policy will not insure over these types of issues. Instead, there will be an exception to the policy for survey-related problems. So – if a problem arises later, you will not be covered. Don’t be confused by lender’s title insurance. Their policy (which only insures them – not you) may cover survey issues without a survey (or with the copy of an old survey) – but that is only because of the volume of business they do. Individual buyers are NOT covered without a survey.

Our motto – “better safe than sorry” – especially when it comes to your most precious financial investment – your home!

Contact The Belt Team at (703) 242-3975 if you have other questions about buying a home in Northern Virginia. We are happy to schedule a FREE consultation to walk you through the process!

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VA Loans, Short Sales, Military Buyers & Sellers – And Golf?!

Q. What do these things all have in common?

  • VA loans
  • Short Sales from a Buyer Agent’s Perspective
  • Military Buyers & Sellers
  • Golf (?!)

A. These are the topics of discussion tomorrow on Real Estate Radio Washington!

Tune in Saturday, October 20th from 10-11AM on 1260 AM WWRC to hear Belt Team Partners Mary Jane Perry, Jennifer Riddle & Krissy Cruse as they are interviewed by nationally recognized real estate & finance expert Jim McQuaig. (And if you can’t tune in, we’ll be posting the broadcast on our Belt Team You Tube channel.)

If you’re anticipating a military move into or out of the Washington D.C. area, you’ll definitely want to hear this show. Not only are these ladies experts in their fields, but Mary Jane Perry and Krissy Cruse both have active duty spouses and came to this area themselves on a military transfer. (Mary Jane is also retired United States Navy after 20 years of service.)

And if you’re a golfer – you will find out how you can play the normally “members only” course at Trump National Golf Club on Monday, October 22nd. Not only is this a spectacular course, but you can help raise money for two local charities : “Our Military Kids” and “Lift me up”. More details about the KW McLean Charity Golf Tournament can be found at www.KWMcLeanGolf.com.

Mistakes Home Buyers & Home Sellers Can Avoid!

Join Belt Team Partner Kevin Kleifges as guest real estate expert on Real Estate Radio Washington. Kevin has great advice for both Buyers & Sellers in today’s market and addresses the biggest mistakes he sees them making. Kevin also talks about the changes we have seen in 2012 to the Regional Contract in Northern Virginia and how this impacts today’s buyers.

FREE Home Buyer Reports & Buyer Tips

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Listen or watch more real estate videos on our Belt Team You Tube channel

Multiple Offers Are UP!

How does that old saying go . . .?

Ah yes – “The more things change, the more they remain the same.”

Well – that applies to real estate in Oakton and Vienna this week. While the leaves are changing and we move full on into Fall, the market remains almost exactly the same as last week. Homes are still selling, inventory is low and we are in a Seller’s Market in both Vienna and Oakton.

You might also be surprised to know that this is the case in MANY markets around the country. In fact, in a recent study done by Keller Williams Realty International, Realtors around the country report that “multiple offers” are up by 67% this year over last year! So if you are thinking about selling – NOW IS THE TIME!

Here’s the update for Vienna & Oakton this week:

  • Housing inventory is identical to last week – with 168 homes on the market in Vienna and 76 homes on the market in Oakton.
  • Oakton had 6 homes go under contract last week – half of those sold in less than two weeks! The highest price listing to go under contract was a home in Oak Marr Courts listed at $625,000. And the lowest price listing to go under contract was a condo at Appalachian Square listed at $219,500.
  • Vienna had 18 homes go under contract last week – 44% of those sold in less than two weeks! The highest price listing to go under contract was a home in Spring Lake listed at $996,000. And the lowest price listing to go under contract was a condo at MNosby’s Landing listed at $224,999.
  • Vienna has just over 2 months of housing inventory. And Oakton has right around 3 months. Both numbers put these markets into Seller’s markets.

Last week in Vienna Real Estate (22180,22181, 22182):

Search Homes For Sale in Vienna

  • Number of Contracts: 18
  • Average Days on Market for Active Listings: 118 days
  • Average Days on Market for Listings That Went Under Contract: 64 days
  • Inventory: 168 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.4 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.1 months

Last week in Oakton Real Estate (22124):

Search Homes For Sale in Oakton

  • Number of Contracts: 6
  • Average Days on Market for Active Listings: 95 days
  • Average Days on Market for Listings That Went Under Contract: 64
  • Inventory: 76 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.9 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 3.2 months

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If you’re thinking of buying or selling a home, Contact The Belt Team at (703) 242-3975. We think you deserve the BEST Realtors in Northern Virginia!

What Do Home Buyers Want Most?

What do home buyers want most? Is price more important? Or is it location? What about school districts? Watch this one minute video for the answer. You might be surprised!

For more information on buying or selling a home in Northern VA, contact The Belt Team. Our Buyers and Sellers both appreciate working with us because of our top-notch negotiating skills.

SEARCH FOR HOMES IN NORTHERN VIRGINIA

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Open House in Vienna Sunday, October 14th

TGIF! Time for our Friday Funday Video & Open House Announcement!

Today we bring you American Idol winner Phillip Phillips with “Home”. He sings “I’m going to make this place your home.” So come visit us this weekend. We’ve got a fabulous new listing in Vienna. Maybe you’ll want to make this place YOUR home! (Scroll down for details)


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OPEN SUNDAY 1 – 4PM – 1928 Labrador Lane in Vienna – $869,000

Recently expanded colonial in sought after Eudora. Approximately 2,875 finished square feet above grade. Fine bedrooms, 3 full baths & two half baths. Gorgeous new master suite addition on the 2nd floor, with office & spacious laundry/mud rm on main level. Kitchen remodeled in 2005, huge living room with woodburning fireplace. Great outdoor entertaining space including screened porch, hardscaped patio & large Trex deck with hot tub. Finished lower level with wet bar & office.

Directions: From Tysons: 123 S, Right Beulah, Left Abbotsford, Right Percussion, Left Labrador to 1928

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Read about “Life In Vienna”

Real Estate Statistics – Vienna & Oakton

What’s happening this week in the Vienna & Oakton real estate markets?

As Sargent Friday used to say “Just the facts ma’am!

  • In Vienna, inventory dropped 9% this past week. 168 homes are on the market. That’s 11% below the average inventory we have seen throughout 2012. (SELLERS – NOW is a great time to sell! Less competition = leverage for YOU!(Get a FREE Home Value Analysis )
  • Oakton’s housing inventory remained stable. 76 homes are currently on the market.
  • This past week we also saw contract levels rebound from the week before. In Oakton, 9 homes went under contract. (We only saw 5 contracts for the week prior.) And in Vienna, 24 homes went under contract as opposed to 17 the week before.

Last week in Vienna Real Estate (22180,22181, 22182):

Search Homes For Sale in Vienna

  • Number of Contracts: 24
  • Average Days on Market for Active Listings: 117 days
  • Average Days on Market for Listings That Went Under Contract: 72 days
  • Inventory: 168 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.4 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.1 months

Last week in Oakton Real Estate (22124):

Search Homes For Sale in Oakton

  • Number of Contracts: 9
  • Average Days on Market for Active Listings: 94 days
  • Average Days on Market for Listings That Went Under Contract: 64
  • Inventory: 76 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 3.0 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 3.8 months

FREE Buyer Reports

FREE Seller Reports

FREE Home Value Analysis

If you’re thinking of buying or selling a home, watch this video and Contact The Belt Team at (703) 242-3975.