The 2019 spring is well on the way and the real estate market in Tysons Corner Virginia is onto another great start. January, February and March started with plenty of new listings in the Tysons Corner area (zip codes 22102 and 22182.) The number of new listings in the three first months of 2019 exceeded […]
Fairfax County Real Estate Investors Beware – Should You Pay BPOL Taxes?
Homeowners and investors in Fairfax County are well aware that with home ownership comes the obligation to pay real estate taxes. However, what is not as well known is that those of us that rent out homes we own (investment properties) may also owe BPOL taxes. BPOL-what you say???? If you own a small business […]
Rebuilding Pimmit Hills
Back in March 2015 I wrote an article titled “Pimmit Hills 2015 – “Should I Stay or Should I Go!.” The article spoke of the changes taking place in the neighborhood with old small homes being demolished to make space for larger new ones. While progress in inevitable, the modern homes bring with them different demographics […]
Short-Term Rentals and AirBnB in Fairfax County
In response to the popularity of home sharing sites like AirBnb Fairfax County enacted a new Short-Term-Lodging (STL) ordinance on October 1, 2018. Owner occupied (or tenant occupied with the owners’ permission) properties may potentially qualify for being used for Short-Term-Lodging. Short-Term-Lodging is defined any occupancy of a dwelling for a period of less than […]
Capital One expands in Tysons Corner
The construction of the Capital One new Tysons headquarters are finally nearing completion and the 470 foot tall office building is (for now) the tallest office building in the area. When fully complete word is that there will be a Starbucks, Taco Bamba and a City Works Eatery and Pour House on the ground level. […]
Idylwood Towers Market Update and 2019 Outlook
Real estate sales did well at Idylwood Towers in 2018. Prices were stable and well kept units sold at good prices. The 29 homes that sold took on average of 73 days to sell. You can see the last 12 months of units sold at Idylwood Towers here. Based on 2018 averages Junior 1 bedroom units sold […]
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