1414 Valebrook Lane Herndon VA 20170 – JUST Listed by The Belt Team

1414 Valebrook Lane Herndon VA 20170 was JUST listed by The Belt Team! Here’s a sneak peek:

Price and LOTS more photos of 1414 Valebrook Lane Herndon VA 20170

Call Terry Belt & The Belt Team at (703) 242-3975 to schedule a showing!

Welcome to this lovely colonial sited on a peaceful cul-de-sac in the popular Kingstream subdivision! Fantastic location mere minutes to the new Silver Line Metro and convenient to local jogging paths! Enjoy an open floorplan with an abundance of natural light. Updates include windows, washer & dryer and flooring. You’ll love the welcoming front porch AND the fenced in backyard – as perfect for entertaining & recreational activity as it is for just relaxing!

Kingstream Subdivision

Kingstream Subdivision

Kingstream Subdivision

Kingstream Subdivision

Where Are Home Values Headed?

Keeping Current Matters” has provided us with some excellent information about where home values are headed. Whether you’re thinking of buying or selling a home in Northern VA – you’ll want to check what they had to say:
Home Values Going Up KCM

“Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

The results of their latest survey

  • Home values will appreciate by 4.1% in 2015.
  • The cumulative appreciation will be 18.1% by 2019.
  • That means the average annual appreciation will be 3.4% over the next 5 years.
  • Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 10.5% by 2019.

Individual opinions make headlines. We believe the survey is a fairer depiction of future values.”

FREE INSTANT Online Home Valuation

———————————————————————————————————————————–In addition to the info from Pulsenomics, we also know the government has indicated it likely that interest rates will rise. In fact, we have seen the FHLMC 30 year rate rise already from 3.84% in May to 4% in June and 4.09% in July. In light of the urgency to buy now, we are holding a special MILLENNIAL EDITION of our “Kiss Your Landlord Goodbye” Seminar.

Homebuyer Seminars Northern VA

Today is a great time to enter the real estate market!  Why throw money away on rent when you can be your own landlord? Freedom rocks. And so does putting money in your OWN pocket instead of your landlord’s!  

Mortgage rates are low (for now!) and you may even be able to pay less by owning than renting. Not sure how the process works? We’ve gathered these local experts to share their knowledge with you:

  • Aaron Gagnon, Loan Officer, Apple Federal Credit Union
  • Brad Pace, Loan Officer, EverBank
  • Chris Melnick, Owner, Double Eagle Title
  • Several local millennials who recently bought their first home
  • The Belt Team, nationally recognized Top 100 Team with Keller Williams Realty

Next Class Scheduled: Sept 30th 6:30-8PM in McLean

Register at: www.TheBeltTeam.com/Classes  (Register FREE before 9/10)

Parents: Are YOU your adult child’s landlord? Send them to our class. Invest in their future!

Here are some of the topics we will discuss:

  • Could I actually pay less by owning than renting?
  • How much money do I need?
  • Do I qualify for a mortgage?
  • What would my payment be?
  • Mistakes to avoid.
  • What about inspections?
  • Search tips & tricks.
  • Best apps to use.

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

November 9th Open House – Oak Hill (Herndon) – Reserve At Stone Hill

Custom Beauty in the Reserve at Stone Hill! 12616 Winter Wren Ct – Listed at $1,249,999  Open Sunday, November 9th 2 to 4PM

Reserve at Stone Hill

Reserve at Stone Hill

Stunning, four year old custom home, built by Camberley Homes, in the Reserve at Stone Hill. Amazing attention to detail with fine architectural finishes and updates, including beautiful hardwood floors, stone fireplace hearth, tray ceilings and elegant molding throughout, gourmet kitchen, incredible master retreat, fully finished walk-out basement & more. Excellent location for schools, commuters and many amenities!

 

Price, directions & more photos of 12616 Winter Wren Ct in Oak Hill

To schedule a showing call Tom Reilly & The Belt Team at (703) 629-1263

Search Oak Hill & Herndon Homes For Sale $1,000,000 to $1,250,000

Search Oak Hill & Herndon Homes For Sale $1,250,000 to $1,500,000

Best Real Estate Agents in Northern VA

October 19th – Open Houses in Fairfax, Oak Hill & Alexandria

Whether you’re looking for a luxury townhouse in Alexandria, a wonderful home near Metro & the Mosaic District or a beautiful custom home in Oak Hill – we’ve got you covered with our open houses this weekend!

In sought after Lands of Quaker! 15 Arell Court in Alexandria – Listed at $649,500

Open Sunday, October 19th 2 to 4PM

lands of Quaker Village Alexandria

This elegant end-unit townhome is in a fabulous Alexandria location. Enjoy an open floorplan, loads of natural light, hardwood floors & striking architectural details. Versatile entry level living space with fireplace perfect for den or bedroom suite ~ master suite with spacious bath & walk-in closet ~ living room with fireplace ! tray ceiling dining room ~ eat-in kitchen with granite & stainless appliances ~ even an attached garage!

Price, directions & more photos of 15 Arell Ct in Alexandria

To schedule a showing call Tom Reilly & The Belt Team at (703) 629-1263

Search All Alexandria Townhouses For Sale $550,000 to $750,000

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Home near Metro & Mosaic District! 8886 Olive Mae Circle in Fairfax – Listed at $875,000

Open Sunday, October 19th 1PM to 4PM

Homes For Sale Near Vienna Metro

Beautiful “English” Armistead model from Basheer & Edgemoore. No detail is spared in this 4 bedroom/5.5 bath home. Exceptional features include 4 finished levels, elevator for easy access, 10’ ceilings & oak hardwood floors on the main level, 2-sided fireplaces in the living room/dining room & master suite, eat-in gourmet kitchen, formal dining room, stunning master suite with sitting room, loft level with bedroom, full bath & terrace, and finished walk-out lower level. AND it’s close to TWO Metro stops AND the awesome Mosaic District with great shopping, dining & more!

Price, directions & more photos of 8886 Olive Mae Circle in Fairfax

To schedule a showing call Terry Belt & The Belt Team at (703) 242-3975

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Custom Beauty in the Reserve at Stone Hill! 12616 Winter Wren Ct – Listed at $1,299,000

Open Sunday, October 19th 2 to 4PM

Reserve at Stone Hill

Stunning, four year old custom home, built by Camberley Homes, in the Reserve at Stone Hill. Amazing attention to detail with fine architectural finishes and updates, including beautiful hardwood floors, stone fireplace hearth, tray ceilings and elegant molding throughout, gourmet kitchen, incredible master retreat, fully finished walk-out basement & more. Excellent location for schools, commuters and many amenities!

Price, directions & more photos of 12616 Winter Wren Ct in Oak Hill

To schedule a showing call Tom Reilly & The Belt Team at (703) 629-1263

Search Oak Hill & Herndon Homes For Sale $1,000,000 to $1,250,000

Search Oak Hill & Herndon Homes For Sale $1,250,000 to $1,500,000

Search Oak Hill & Herndon Homes For Sale $1,500,000+

Best Real Estate Agents in Northern VA

Home Sales Down, Real Estate Prices Up in Most of Northern VA

Northern VA Real Estate

A year-over-year comparison for home prices in Northern Virginia (for homes that sold Jan 1 thru June 16) shows several trends for most of Northern Virginia:

Number of Home Sales:

The number of home sales is down in almost every area of Northern VA. Burke & Dunn Loring home sales remained stable. In Springfield, home sales increased 4% this year – from 522 sales to 543 sales. However, in every other city, home sales fell. The most extreme drop in sales occurred in Great Falls, where home sales dropped 43% (from 122 sales to 70 sales).

Average Sales Price:

With three exceptions, home sale prices increased in every city in Northern Virginia. One area (Burke) remained almost stable. And two areas (Mclean and Great Falls) saw prices fall. Note that McLean and Great Falls are also the only two Northern Virginia areas where the average home price exceeded $1 million. The areas seeing the highest rise in values year over year were Herndon (6.9%), Vienna (8.4%), Chantilly (9.2%) and Dunn Loring (10.4%).

If you’re buying or selling a home, it’s imperative you know the market trends not just in YOUR city – but also your school district and neighborhood.

This will help guide your pricing strategy. Statistics are not the ONLY guide to pricing, but are an important piece of the puzzle – whether you’re a Seller deciding on where to price your home for market – or a Buyer deciding whether to offer above or below list price.

Here are specific stats for each area of Northern Virginia.

Northern VA 2013 Sales 2014 Sales Yr Over Yr Avg SP 2013 Avg SP 2014 Yr Over Yr
Alexandria 2244 2005 -11% $479,250 $498,618 4%
Arlington 1309 1174 -10% $598,657 $609,025 1.7%
Ashburn 734 593 -19% $476,335 $478,629 0.5%
Burke 255 255 0% $440,717 $439,585 -0.3%
Centreville 436 387 -11% $377,711 $379,598 0.5%
Chantilly 335 309 -8% $439,383 $479,623 9.2%
Dunn Loring 8 8 0% $761,688 $840,563 10.4%
Fairfax 962 810 -16% $484,174 $495,857 2.4%
Falls Church 646 556 -14% $486,779 $507,063 4.2%
Great Falls 122 70 -43% $1,228,030 $1,160,466 -5.5%
Herndon 366 310 -15% $452,807 $483,955 6.9%
McLean 338 281 -17% $1,067,027 $1,002,964 -6.0%
Oakton 163 105 -36% $624,298 $633,566 1.5%
Reston 509 444 -13% $447,494 $458,481 2.5%
Springfield 522 543 4% $426,240 $444,782 4.4%
Sterling 498 484 -3% $377,291 $388,738 3.0%
Vienna 373 325 -13% $734,102 $796,107 8.4%

Call (703) 242-3975 if you would like a zip code, school district or neighborhood analysis.

FREE Instant Online Home Valuation

Our New State-of-the-Art Home Search Site

The Belt Team’s Mission Statement is “Changing Lives For The Better” – if it’s time to change YOURS, call (703) 242-3975 or email The Belt Team and let us know how we can help!

Best Realtor Northern Virginia

Real Estate Prices Continue To Rise in MOST of Northern VA

Northern VA Real Estate

A year-over-year comparison for home prices in Northern Virginia (for homes that sold Jan 1 thru April 30th) shows there are only a few areas left where home prices did not rise over last year.

McLean

Although sales were down 10% in 2014 vs 2013, the average home price of homes sold also fell 13%. This means Buyers in certain price points MAY be able to get a deal! The caveat to this is that home sales varied from as low as $215,000 to as high as $3,400,000 so far this year. The lower the price point, the less likely you are to get a deal and you probably will still be competing.

Dunn Loring

Sales were up 33%. But the average price of a home sold fell 7%. However, Dunn Loring is a statistical anomaly. With only 3-4 sales during the Jan-April timeframe each year, you cannot truly chart this as a falling market.

Burke

Burke “technically” makes it onto the list of areas where home prices did not rise year-over-year. Prices went down .1%. (That’s “point one percent – NOT one percent). Sales actually rose in Burke this year. We’ll be keeping our eye on this area to see what transpires over the rest of the Spring.

Other than McLean, Dunn Loring & Burke – every other area’s prices rose from last year!

Most areas rose somewhere less than 5%, while two areas showed price increases of more than 7%. Arlington, Ashburn, Centreville, Fairfax, Falls Church, Herndon, Sterling & Vienna – all fall into the first category. While Oakton & Springfield fall into the latter.

If you’re buying or selling a home, it’s imperative you know the market trends not just in YOUR city – but also your school district and neighborhood. This will help guide your pricing strategy. Statistics are not the ONLY guide to pricing, but are an important piece of the puzzle – whether you’re a Seller deciding on where to price your home for market – or a Buyer deciding whether to offer above or below list price.

Here are general stats for Northern Virginia.

Call (703) 242-3975 if you would like a zip code, school district or neighborhood analysis.

FREE Instant Online Home Valuation

Our New State-of-the-Art Home Search Site

Northern VA 2013 Sales 2014 Sales Yr Over Yr Avg SP 2013 Avg SP 2014 Yr Over Yr
Alexandria 1420 1306 -8% $467,712 $496,433 6%
Arlington 839 751 -10% $582,945 $586,994 0.7%
Ashburn 477 396 -17% $468,098 $472,508 0.9%
Burke 153 167 9% $427,016 $426,518 -0.1%
Centreville 266 271 2% $362,482 $376,142 3.8%
Chantilly 229 218 -5% $429,903 $465,667 8.3%
Dunn Loring 3 4 33% $897,333 $834,000 -7.1%
Fairfax 620 534 -14% $474,712 $487,474 2.7%
Falls Church 407 369 -9% $465,892 $486,850 4.5%
Great Falls 78 44 -44% $1,213,930 $1,203,783 -0.8%
Herndon 214 197 -8% $437,149 $458,407 4.9%
McLean 217 195 -10% $1,071,602 $933,403 -12.9%
Oakton 93 69 -26% $571,826 $612,194 7.1%
Reston 301 298 -1% $432,459 $455,443 5.3%
Springfield 318 344 8% $404,473 $436,536 7.9%
Sterling 302 310 3% $362,709 $380,380 4.9%
Vienna 236 210 -11% $731,906 $746,379 2.0%

The Belt Team’s Mission Statement is “Changing Lives For The Better” – if it’s time to change YOURS, call (703) 242-3975 or email The Belt Team and let us know how we can help!

Northern VA Home Sales Down, Prices Up in First Quarter of 2014

First quarter statistics have been released. In most areas the number of homes sold in the first quarter of 2014 was down compared to first quarter 2013. However, in most areas, prices rose. Only 3 areas saw an increase in home sales: Dunn Loring, Centreville & Springfield. In every other Northern Virginia city, home sales declined year over year. On the other hand, prices were up in all cities except three: Ashburn, Great Falls & McLean. The other areas saw average prices rise from 2.1% to 10.2%. (See chart below for sales & prices in each city.)

Call (703) 242-3975 if you would like a zip code or neighborhood analysis.

FREE Instant Online Home Valuation

Our New State-of-the-Art Home Search Site

Northern VA Home Sales

Northern VA 2013 Sales 2014 Sales Yr Over Yr Avg SP 2013 Avg SP 2014 Yr Over Yr
Alexandria 951 867 -9% $451,880 $488,773 8%
Arlington 536 486 -9% $570,179 $585,200 2.6%
Ashburn 331 253 -24% $466,963 $462,281 -1.0%
Burke 96 114 19% $415,793 $426,403 2.6%
Centreville 173 182 5% $354,407 $372,015 5.0%
Chantilly 166 144 -13% $429,711 $463,140 7.8%
Dunn Loring 2 4 100% $882,500 $834,000 -5.5%
Fairfax 414 344 -17% $463,841 $488,611 5.3%
Falls Church 282 251 -11% $466,898 $476,777 2.1%
Great Falls 55 25 -55% $1,248,293 $1,108,758 -11.2%
Herndon 138 124 -10% $419,152 $447,186 6.7%
McLean 143 128 -10% $1,135,881 $931,091 -18.0%
Oakton 54 48 -11% $509,763 $562,012 10.2%
Reston 194 190 -2% $427,210 $441,990 3.5%
Springfield 208 232 12% $395,386 $428,874 8.5%
Sterling 211 194 -8% $349,394 $379,676 8.7%
Vienna 140 129 -8% $718,021 $733,301 2.1%