Are AndresenTysons Corner Real Estate For Sale
your sixth sense in real estate
The market in Fairfax County Virginia is doing great in 2012. The number of transactions are down slightly for 2012 keeping inventory low in most areas. The prices have held up well and increased some in many areas thanks to low interest rates and good employment opportunities. A lot of the attention in real estate has been towards distressed sales the last few years. While foreclosures and short-sales never really ruined the market in Fairfax County, some local areas did see values decimated by distressed...Continue Reading!
The sales prices at the Gates of McLean continued their upward trend in 2012. With the new Silver Line McLean Metro stop scheduled for completion in December 2013 the community desirability is great and the community remains very popular with homeowners and investors. One of our 1 bedroom listings at the Gates of McLean had 6 offers – almost all above asking price and 5 out of 6 were by investors. It ended up selling for above the asking price. It is clear that people believe...Continue Reading!
If you live at the Gates of McLean you may or may not have heard of the new road ramp being planned right outside the community. The ramp will connect Scotts Crossing Road to Jones Branch on the other side of I-495. The connector will create an alternative route across the beltway and also connect to the new HOT lanes. The new access point will help traffic flow in the area and also create alternate access to the three new developments planned in...Continue Reading!
The Fairfax County Board of Supervisors has approved the Capital One plans for a mixed use development on their existing 26 acre campus next to I-495 and Rt 123 (Chain Bridge Road.) The planned development is next to the new McLean Metro station and the Gates of McLean condominium community. The project will add another 12 high-rise buildings to the site with 3.1 million sq/ft of office space, two hotels and up to 1230 new residential units. There would also be 4.8...Continue Reading!
After writing about the old graveyard on Colonel Lindsay's old estate in the Idylwood area I thought of another interesting local site in Tysons Corner. That is the 12.3 acre Ash Grove historic Site in Tysons Corner. The original home on Ash Grove was built about 1790 by Bryan Fairfax for his son Thomas Fairfax (the Ninth Lord Fairfax.) The original site was 5000 acres that, in addition to the manor house, had a farm and a manor house. Ash Grove was sold to the Sherman family shortly...Continue Reading!
As we wrote about last year, Walmart is coming to Tysons West in 2013. It is next to the new metro stop on the Silver Line through Tysons Corner. There is no exact date for the opening of the Walmart - deliveries for office locations have been indicated to be early 2013 so hopefully by the summer. The urban style Walmart will be about 78,000 sq/ft. For comparison - the new "urban style" Target in Merrifield is about 163,000 square feet. So, this...Continue Reading!
As part of a broad effort to strengthen the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund (MMI Fund), FHA Commissioner Carol Galante announced a series of changes to be issued this week that will allow the agency to better manage risk and further strengthen the health of the MMI Fund. “These are essential and appropriate measures to manage and protect FHA’s single-family insurance programs” said Galante. “In addition to protecting the MMI Fund, these changes will encourage the return of...Continue Reading!
We are just getting ready to put a new listing on the market this week. It is a 3 bedroom and 3.5 bath townhome located in Centreville. It is in a great mature development with easy access to to shopping and I-66. The home is a complete rebuild - the only things remaining of the original home (built in the 80's) are the foundation and front steps. This means new plumbing, insulation, windows, electrical, roof, appliances, floors, ceilings, doors, mecanical systems, siding...Continue Reading!
At a recent walk off Idylwood Road in Falls Church I found a "hidden" old cemetery. It is about 1 acre and is nicely located on a hill and "landlocked" between the Ruckstuhl park and the newer development on Colonel Lindsay Ct. I doubt more than a few of the most immediate neighbors are aware of the graveyard. (more…)Continue Reading!
According to the National Association of Realtors 9 percent of home buyers received a loan from a friend or relative in 2010. By borrowing money from parents, both parents and children may end up with a good deal. The parents may get a better return on their investment and the child may get a similar or better interest rate as well as lower closing cost. One downside to "parent financing" is that the parent is taking a risk - the child may loose...Continue Reading!