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Median home sale prices increased across the Northern Virginia region in May, according to the Long & Foster Real Estate Market Minute Report. Alexandria City displayed the largest incline with an 11% rise, followed by Loudoun County with a 6% rise.
(BPT) - Because everyone is spending more time in their own backyards now, parents are wondering how to create healthier lawns for their families.
The April data shows an upward trend in median sales prices, and further examination shows the rise can be attributed, in part, to shifts in the makeup of the housing market. This is due to the economic shutdown caused by the pandemic, which disproportionally affected people in the lower inc…
(BPT) - Paid Content by Vanderbilt Mortgage and Finance, Inc.
(StatePoint) While real estate agents report that far fewer people than normal have been moving during the COVID-19 pandemic, that may soon change. A recent Harris Poll found that nearly a third of U.S. adults living in urban areas are considering a move to less densely populated cities in t…
(BPT) - After the snow and ice has melted away each spring, drivers and homeowners around the country are left with their aftermath — annoying and destructive potholes.
(BPT) - While the COVID-19 pandemic has delayed real estate transactions across the country, some still need to buy or sell their homes. It’s critical to understand the pandemic’s impacts on real estate, from simply touring a home to the ability to close transactions.
(NewsUSA) - Retirees seeking comfortable climates, relaxed lifestyles, and affordable, quality medical care might find a hidden gem in Costa Rica.
When he first embarked on his journey to the U.S. Department of Energy’s American-Made Solar Prize semifinals, Herndon resident Adam Winsor did not know how photovoltaic cells are made or that they contain silver traces designed to capture energy with maximum efficiency.
By the time Helenia Bragg was 15, she had a full-blown heroin habit. “I was raised in a ‘liquor house’ in 1960s and 1970s Alexandria,” Helenia explained. “My mom was a bootlegger. My father was a drug dealer.”
"The people who love live music and who make music happen are as important as the musicians,” said Ken Avis, local musician and co-host of radio show Antidote Sounds, mentioning one name that I was slightly familiar with: Eve Thompson. “Eve has been finding and presenting diverse, high-quali…
Fairfax County could potentially dedicate an extra penny to its affordable housing penny fund with the upcoming Fiscal Year 2021 budget by adding a cent to the real estate tax, Lee District Supervisor Jeff McKay says.
(StatePoint) If buying a home is on your near-future to-do list, experts say that 2020 may be a good year to make it happen. Mortgage interest rates are near historic lows, providing you with the opportunity to finance a new home purchase at a much lower cost.
Thirty families who live in private housing at Fort Belvoir are still unable to return to their homes despite promises by military leaders and members of Congress to address systemic issues that left many service members and their families dealing with mold, rodent infestations, and other ha…
(StatePoint) PMI, APR, LTV…these unfamiliar acronyms don’t need to bewilder or intimidate uninitiated homebuyers.
(StatePoint) While you can’t choose your family, you can choose how close you live to them. A new survey suggests some healthy boundaries between parents and in-laws make for a happier family relationship -- something to keep in mind when shopping for a home.
How different are the generations when it comes to homeownership? While Millennials are entering the home-buying game later than earlier generations, their desire to achieve the American Dream remains and, in fact, is stronger than previous generations.
(StatePoint) Whether you’ve completed an amazing renovation, or you are selling your house, you’ll want to take perfect pictures of your home to share.
(StatePoint) For many Americans, making the jump to buying that first house is a significant achievement that allows them to put their mark on their own space, while creating room for family and pets.
Fairfax City’s Economic Development Authority has finalized an agreement with the Parry Restaurant Group to redevelop the Park View property at 3936 Old Lee Highway. The current building on the property is leased by the Fairfax Surf Shop, which will hopefully relocate somewhere within the ci…
I am sure you’ve heard the headlines: Interest rates are rising. Homeownership is no longer affordable. The real estate market is headed for a bubble. While what is being said in the news media attracts attention, it’s critical to take a broader look at the housing market and historical tren…
Marriott International has an agreement with Comstock Partners to bring one of its Renaissance-branded hotels to the real estate developer’s mixed-use center at Reston Station, the Washington Business Journal first reported on Mar. 11.
Hunter Mill District Supervisor Catherine Hudgins will not run for re-election in November, bringing her 20-year tenure on the Fairfax County Board of Supervisors to a close.
Inventory challenges defined the real estate market in 2018, and that trend will continue, albeit not as severe, in the coming year. Here are a few more of the real estate trends that my team at Long & Foster and I expect to occur next year.
Now that the initial rush of emotions and hype has settled down, Northern Virginia leaders are starting to digest the full implications of Amazon’s announcement that it will locate part of its second headquarters in Crystal City.
After a 14-month-long courtship of dozens of cities around the U.S. that fueled endless public speculation, Amazon finally announced on Tuesday that it will expand to Arlington and New York City in a move that is expected to create more than 50,000 jobs and bring $5 billion in investment to …
The Fairfax County Board of Supervisors has passed a comprehensive plan amendment that aims to ensure property owners will face fewer bureaucratic obstacles when repurposing vacant retail and commercial spaces for entertainment, recreation, healthcare, and other uses.
Finmarc Management, Inc., a Bethesda, Md.-based commercial real estate firm, has announced the sale of two flex/office/warehouse buildings comprising 56,076 square feet of space within the Enterprise Center in Chantilly for $7.2 million. The assets were acquired by 10th Street, LLC. Caulley …
Painting your walls is a quick, easy and fun home improvement project that can change up the energy and look of a room. But not all walls are created equal. Some are simple to paint while others are a bit more complicated.
It takes the average buyer 4.5 months to buy a home, according to Zillow. However, there are many considerations to take into account. Small details can add time to the process, and it's impossible to accurately estimate how long it'll take someone to close on a purchase.
Fall isn’t traditionally thought of as the busiest time in real estate, but there are big advantages to buying or selling a home during autumn. People are always moving into our area, and your home will undoubtedly stand out if there are few others like it for sale. Additionally, buyers who …
Fairfax County is currently facing a lawsuit from nearly three dozen residents over a zoning ordinance amendment that its Board of Supervisors adopted on July 30 to regulate short-term property rentals through online services like Airbnb and VRBO.
A lawsuit against a mobile home park in Fairfax found new life last week when an appeals court determined that undocumented immigrants’ citizenship status does not necessarily exclude them from claiming housing discrimination.
The arrival of September brings the last part of summer with warm days, flowers in full bloom and delicious fresh fruits and vegetables in season. With fall just around the corner, September is a good time to take advantage of the moderate weather to get your house in shape and make any need…
Whether you're building an addition, completely remodeling or just finishing your basement, a home improvement loan can help add value and comfort to your home. There are a variety of loan options available that we detail later in this article, but before you explore those, there are four st…
As we enter the second half of 2018, I wanted to share with you my perspective on a few key economic metrics and how they are affecting home buyers and sellers in today’s real estate market.
In response to an economy that's apparently healthy and getting stronger, the Federal Reserve has voted to increase the federal funds rate twice so far in 2018. Many economists predict two more rate hikes before 2019, leaving consumers to wonder: What happens when interest rates rise?
With summer comes longer days and warmer weather – the perfect time of year to plan a family getaway. Choosing a destination, booking flights, reserving a hotel and packing your belongings are just a few tasks that may be top-of-mind if you’re planning a vacation.
Comstock Partners, a real estate agency based in Reston, remains in discussions with the Town of Herndon on its downtown redevelopment plans after the real estate developer withdrew its applications for approval by the town’s heritage preservation review board.
The mortgage process can sometimes feel like one of the most intimidating aspects of buying a home. When I talk to clients, I find many times they are letting misconceptions about borrowing keep them out of the real estate market. I’d like to share with you some recent developments you might…