Reston Real Estate Report

Reston Real Estate Report

Spring 2015 All Reston Real Estate Update

Posted by on Apr 20, 2015 in Reston Real Estate Report

Happy Spring! Greetings and happy spring to you and family! First, a big shout out to Robert (Bob) E Simon turning 101! An amazing human being! This is a brief look at the Reston real estate market. Sales are up in Reston; mortgage interest rates still way down. We continue to benefit from low interest rates and a decent employment market driving the local economy. Corporate tenants love being in Reston, the overall quality of life, the amenities and proximity to Dulles Airport (while still being close enough to downtown Washington) make it a sought after corporate home. The Silver Line...

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Our 2014 All things Reston Real Estate Annual Update and Review Reston Real Estate Report

Posted by on Jan 5, 2015 in Reston Real Estate Report

Happy New Year!                                                                                       Winter 2015 Greetings!   I hope you had a good holiday season and are looking forward to 2015. Real estate wise 2014 was the year that was, and wasn’t. The first six months of the year were on track to be similar to 2013. But in July the market took a turn and we never quite recovered. Even with a thriving stock market and low interest rates buyers had pretty much disappeared from the market. The forecasts from people much smarter than me – National Association of Realtors, economists at...

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Summer 2014 Reston Real Estate Market Update

Posted by on Jul 22, 2014 in Reston Real Estate Report

Happy Summer!                                                                                                  Summer 2014 Greetings and happy summer to you and family!  I hope you are having a great summer so far.  This is a brief look at the Reston real estate market.  Home sales are sizzling in Reston along with some amazing heat!  We continue to benefit from low interest rates and low inventory of homes for sale.  Excitement of the pending opening of the new Silver Line Metro at Wiehle Ave. on July 26th has brought many new and prospective buyers to the community. Sales – Reston home...

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Real estate tips – tip #7 Think Big!

Posted by on Apr 2, 2014 in Reston Real Estate Report

As Reston celebrates its 50 birthday and its founder Robert E Simon his 100 birthday this week I am reminded of the importance of thinking big and setting goals.   I am constantly in awe of the vision it took in the early 60s to buy this property and to conceptualize the schools, the lakes, the shopping centers, pools, tennis and a golf course, the housing to be offered and to lay the ground work for what would become Reston Town Center.   Whether in my personal life or my business life it has always served me well to have a ‘road map’ of  basic goals and commit them to paper.  ...

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Real estate tips -tip #6 The first impression

Posted by on Mar 18, 2014 in Reston Real Estate Report

While you may have little immediate and direct control over the events that shape the economy or housing market, you do have control over the sale of your home. A real estate transaction involves a significant portion of your wealth. Professional management of the process is crucial for financial success. Proper preparation and marketing, now more than ever, play a huge role when selling a home. The more REALTORS® and qualified buyers who know about your home will result in more showings. Once there, a fantastic first impression is essential. It is very important to realize that most people...

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Real estate tips – tip #5 Making your house accessible

Posted by on Feb 25, 2014 in Reston Real Estate Report

Having your house on the market involves a certain invasion of privacy.  If you’re lucky, agents will be previewing it and showing it to buyers with some regularity.  On one hand, you’ll want to make it reasonably accessible to real estate professionals and their prospects.   On the other hand, you don’t want to step out of your shower as a local broker is bringing in a group of buyers. In many areas agents use a handy little tool of the trade called a ‘lockbox’.   On an occupied property, agents call first and let the owner know when they’ll be by.   If...

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