Northern Virginia MarketWatch for September 2012 by RBI

Northern Virginia continues to have strong job growth. The unemployment rate in Northern Virginia is 4.2%. Continued drops in the unemployment rate is good news that more people are finding jobs. National housing market continues to show signs of improvement.  The median sales price rose slightly up 5.7% at this same time last year. There is a low inventory of listings and that has kept prices steady. The days on market has dropped from this … [Read more...]

Property Tour – Wimbley Lane, Woodbridge, VA 22192 (Westridge Community)

Basement rec room can be used as 3rd bedroom w/full bath. Large 3 level TH w/1 car garage in sought after Westridge community. Kitchen upgraded cabinets/stainless/granite/tile backsplash. 2 master suites w/full bath, 1 suite w/ large soaking/whirlpool tub and separate shower. Walkout basement to decorative concrete patio & fenced yard, main level walks out to rear deck. Walking distance to community club house, 2 pools, tot lot, tennis courts & … [Read more...]

Property Tour – Old Post Terrace – Rippon Landing, Woodbridge, VA 22193

Two level end unit townhome with three bedrooms, two and half bathroom, and walkout to patio and fenced yard. Well kept, very clean, nicely decorated in a great location - between Ft. Belvoir & Quantico. Mins from the VRE Station, commuter lots (carpool/buses/slug lines), NOVA Community College, Potomac Hospital, Wegmans, and Potomac Mills. Green community, lots of space for walking/biking, tennis & basketball courts, playground, and outdoor … [Read more...]

Real Estate Market Insights for February 2012

Compliments of Real Estate Business Intelligence (RBI). So, how's the market doing in Prince William County? The number of new listings is up, the number of closed sales is up, and the median sold price is up year over year. Sounds like the sellers have some good news. Buyers, check out the Average Sold to OLP (Original List Price) Ratio. It is 95.7%. This tells us that on average sellers are receiving 95.7% of their asking price. When … [Read more...]

Property Tour – Single Family Home in Montclair

Single family home located in the Montclair Community. Three finished levels, hardwoods on main floor, gourmet kitchen. Family room has fireplace, vaulted ceilings, two skylights, walk out onto rear deck. Lots of natural light in this home. Quick access to Minnieville Road/Prince William Parkway for commuting, shopping, restaurants. … [Read more...]

Property Tour – Home for Rent in the Brittany Community, Dumfries, VA

Spacious single family home for rent in the Brittany Community, Dumfries, VA 22025. Plenty of space and privacy in this single family home located at the end of a cul-de-sac in the Brittany Community.  4,500 finished sqft of living space, 2 car garage, 5 bedrooms, 3 1/2 bathrooms, fenced rear yard, and lots of upgrades in this former builder model home.  Ceiling fans in all bedrooms and family room.  Family room has two story ceiling with stone … [Read more...]

A Homeowner’s Decision – Evaluating An Investment Property.

How do you handle decisions related to your investment property(s)? Most folks who are not professional investors, just do the same thing year after year, hoping that no real harm will come of them or their home, and wishing they will have a stellar tenant. And for many, this scenario does come true, but is it the best way to handle their financial future? For the non professional investor, I always recommend learning the applicable laws first … [Read more...]

Property Tour – Rental Townhome in Potomac Club Community

Located in Potomac Club, a premier gated community in eastern Prince William County. 4 year old, 2 level townhouse w/1 car garage, 3 bedrooms, 2.5 bathrooms for $1,900. Gourmet kitchen include stainless steel appliances, hardwood floor, center island, granite countertop. Master bedroom has tray ceiling, 2 walk-in closets, master bath has 2 sinks, 2 seats in shower and 2 shower heads. Deck off upper level. Walking distance from Potomac Town … [Read more...]

Putt and Dine @Old Hickory Golf Club

Food, drink, golf, and lots fun! Call the proshop to RSVP and pay the night of the event. Join us for fun and entertainment at the 1st Annual Putt and Dine Inside the Old Hickory Grille - 11921 Chanceford Drive, Woodbridge, VA 22192 Test your putting skills on our custom designed indoor putting course Friday, January 27, 2012 (6:00 - 9:00 p.m.) $25.00 per person Includes buffet dinner, beer/wine, contest entry & prizes. Reservations … [Read more...]

Home Sales Report

Stability is returning to Virginia housing market. View the link below to see the report. VAR Home Sales Report. … [Read more...]