My Pick of the Week

Image From the front exterior this property is hardly noteworthy, other than for the fact that the asking price is $2.1million and it looks like it should be priced closer to $750,000.  However, one step inside and the thrill begins.  Further exploration of the house  indicates just how special a place it is.  This property is stunning.  Four levels of exquisite architectural renovations and detailing, gorgeous views over the wooded land out back that makes this a very private oasis.

There are 6 bedrooms and 5/5 bathrooms, positioned across the four levels so that everyone living here can have their own private space.  Yet common areas like family room, kitchen, dining room, etc. are all spacious also.

Simply gorgeous.  And unique for Arlington, VA.  Nothing else like it.

All the Data that’s Fit to Print

When not out looking at homes or hosting Open Houses, I get to do one of my favorite things — crunch numbers.  Yes, self-aware geek that I am, that’s my idea of a fun evening.  

Would you rather see the data or simply believe me when I tell you what the market is like?  I actually think both elements are important.  So here’s the data, which confirms it when I say that we are past the low point for home prices in Arlington VA:

Image

This trend is evident across all Arlington VA zip codes.  They say you can’t see the dip until it’s past.  There you go.

 

 

 

Buh Bye 2011

Dear Arlington Neighbors,

Welcome to 2012!  As you know, 2011 was an interesting year for the economy, and also for real estate.  Thankfully we live in one of the most protected areas of the country so that bleak national news has a much lesser impact on us here.  We have the Federal Government, and so we have jobs.  People continue to move into this area for that very reason and when people think about where they want to live in the DC metro area, they think of Arlington.

This past year people still moved to different homes, up-sized, downsized, or invested in real estate.  In the early part of 2011 a lot of activity pushed prices up in Arlington, only to find the market slow considerably by the summer and fall.  No doubt it was a tough year for many real estate agents, as it was the most challenging year of the past decade.  For me personally it was a great year, with $15 million in Arlington sales and a long list of satisfied clients.

What does 2012 have in store for us?  My expectation is that we will once again experience a busy Spring market.  We are also looking ahead to the November presidential election and hoping that outcome will create a greater sense of security and stability for home buyers who are otherwise gun-shy and battle-worn.  But in real estate we should always think long term, and over the long term Arlington real estate is always a solid bet.  I am reminded of one of my clients who recently remarked that her home had provided her with a wonderful community and solid investment over her years of ownership.  What more could you want?

I wish you the very best for 2012 and hope that you can put this contractor list to good use.  Maintain your solid investment and your efforts will certainly be rewarded.  Please call me if you need another name, misplace this list, or have a name you would like me to add.

Sincerely yours,

Christine Rich

direct:  703-362-7764

Arlington VA landmark

In another completely random installment of my Arlington landmark contest, a $10 Starbucks gift card is yours if you can identify this Arlington Virginia landmark.

Arlington VA landmark

[real estate agents and other real estate professionals excluded, sorry]

NORTH ARLINGTON OPEN HOUSE TODAY, 1-4

North Arlington Home For Sale

1616 Glebe Road, Arlington, VA 22207

I know it’s a gorgeous day out there, but if you find yourself in the Ballston area it’s a short walk to this beautiful home in the Waycroft neighborhood of North Arlington. The home has very nice curb appeal, and it gets even better once you are inside. Enter the house to find lovely living space on three fully finished levels, with renovations in the kitchen and bathrooms where the current owners have spared no expense. The work that they’ve done to this home is simply exquisite.

  • 3 bedrooms
  • 2.5 bathrooms
  • professional landscaping front and back
  • renovated kitchen and bathrooms
  • wood floors
  • backyard deck and patio
  • one-car garage
  • paved driveway with enough room for 2+ cars
  • white picket fence
  • lots more
  • asking price $689,900
Come see 1616 Glebe Road in Arlington for yourself.  I’ll be there from 1-4.  Would love to catch up with you!

No surprises

I recently had a home buying client tell me that’s what he values most – no surprises.  And that’s really what a lot of my real estate job is about.  There are different kinds of surprises in real estate, and many of them really shouldn’t be surprises to clients if real estate agents take the time to communicate.

But some of the surprises are simply impossible to predict.  They’re surprises to the agents also.  That’s where a creative problem solver will quickly know where to go and who to ask in order to get resolution as quickly as possible, and turn a surprise into a non-issue.

I’ve categorized surprises by how predictable they are, and in turn how much stress they might cause:

LEVEL ONE SURPRISE:  The things that are predictable in a home sale/purchase.  Deadlines, details, decisions that need to be made.  If your agent forgets to tell you about these things, they become a surprise.  They may or may not involve money, but odds are they may.  Everything does.

LEVEL TWO SURPRISE:  Anticipated, but not expected.  Things to guard against, usually by being prepared.  This is where knowing, understanding and using the real estate sales contract to your advantage — whether home buyer or home seller — is very important.

LEVEL THREE SURPRISE:  Not anticipated or expected, but happens anyway.  Here’s where resourcefulness really comes in.  First line of defense — good communication skills.

We like no surprises!

Pentagon City Open House tomorrow (9/25) from 1-4

1211 S. Eads St #1101, Arlington, VA 22202

Great condo for you if you are looking for a spacious 1 bedroom condo with a large balcony, open kitchen, large closets, garage parking spot, and lots of light, and just a few blocks to TWO metro stops and the Pentagon City shopping mall.

#1101 at the Bella Vista is a corner unit (that means lots of windows and light) on the 11th floor, with 866 square feet total.  Compare that spaciousness to any 1 bedroom along the Arlington VA Orange Line, you won’t find it!  This condo is priced at a cool $319,000, and the condo fee of about $400/month includes all utilities.

I’ll be there from 1-4 tomorrow, Sunday.  If you’ve read about the Open House here and you show up, I’ll have a lottery ticket waiting for you!  It may just be your lucky day.

1211 S. Eads Street, Arlington, VA 22202

If you win the big bucks, you can just stroll on over to the mall and go shopping!