Alexandria Real Estate News

Welcome to my blog!  Here is where you'll find the latest real estate news and information on just about anything, including market trends, neighborhood statistics, property listings, home buyer incentives, home selling tips, investment properties, mortgage loan assistance, interest rates, area schools, relocation and more.   

Check out my blog posts below and feel free to ask questions and provide comments as often as you'd like.  I welcome the opportunity to engage you in conversation, so please do not hesitate to use me as a resource for your next move.

Jan. 31, 2017

Kingstowne VA Homes for Sale - View Homes in the Kingstowne Subdivision

Kingstowne is a suburban community of more than 5300 homes. Located just 12 miles south of Washington, D.C., Kingstowne remains one of Alexandria’s most popular housing communities in Fairfax County.  Over the past few years, Kingstowne has experienced tremendous growth and is now home to several new restaurants, a 227,359 square-foot shopping center, movie theater, multiple grocery stores, post office, car wash and a host of other amenities.  Popular restaurants in Kingstowne include Bonefish Grill, Pasara Thai, Osaka Japanese, East Moon Asian Bistro, Moby Dick House of Kabob, and Romano's Macaroni Grill.

 

Kingstowne School Reports

The following schools are located in the Kingstowne Community.  To view specific reports from each school, click the corresponding link below.

 

Homes For Sale in the Kingstowne Subdivision

Thinking of purchasing a home in Kingstowne?  Check out the following homes currently for sale in the Kingstowne Subdivision.  To view each home, simply click the address links below.

 

Address                                                   

Beds    

Baths    

Living ft2     

List Price        

Cost per ft2    

DOM     

5662 TOWER HILL CIRCLE

4

4

3,412

$829,000

$242

76 days

6605 GREEN GLEN COURT

4

4

3,880

$750,000

$193

114 days

6714 ORDSALL STREET

3

4

2,630

$599,900

$228

23 days

6699 ORDSALL STREET

4

4

2,630

$589,950

$224

31 days

6606 HALTWHISTLE LANE

4

4

2,176

$549,000

$252

2 days

5508 JOWETT COURT

3

4

1,566

$549,000

$350

3 days

5543 JOWETT COURT

4

4

2,952

$539,000

$182

38 days

6341 DUNMAN WAY

2

4

2,570

$535,000

$208

18 days

5992 WESCOTT HILLS WAY

3

4

2,374

$529,950

$223

17 days

7459 COLLINS MEADE WAY

3

4

2,312

$509,900

$220

52 days

6282 WALKERS CROFT WAY

3

4

1,885

$499,974

$265

24 days

5316 RIDLEY COURT

3

4

2,054

$475,000

$231

6 days

6109 JOUST LANE

4

4

1,532

$449,999

$293

38 days

6960 BANCHORY COURT

3

4

1,689

$449,000

$265

4 days

5821 NORHAM DRIVE

3

3

1,404

$399,900

$284

17 days

6135 LIVERPOOL LANE

3

3

1,464

$384,900

$262

6 days

 

View all Kingstowne Homes For Sale

Don't see your dream home above?  Click the following link to view the complete list of Kingstowne condos, townhouses, and single family home for sale in Kingstowne Zip Code 22315. Here you can quickly and easily view all Kingstowne area properties for sale by price or style.  To view all Kingstowne properties for sale by style, click the links below.

 

To view Kingstowne area homes for sale by subdivision, click the name of each subdivision below.

Jan. 24, 2017

How to Quickly Find Your Home's Value in Less than 60 Seconds

How much is my home worth?  This is the question frequently asked by thousands of homeowners everywhere. Whether planning an immediate home sale or preparing to sell at some point in the future, homeowners have a natural desire to know how much their home is worth at all times.

Many homeowners estimate the value of their homes by tracking what similar homes are selling for in their respective neighborhoods. Knowing what the home down the street sold for allows existing homeowners to determine the approximate value of their homes based on recent home sales.

Did you know that there is a faster, easier way to determine your home's value ... and it's FREE?  That's right!  I provide a totally free service that allows you to instantly determine your home's value in less than 60 seconds.  Go ahead, try it! Simply click the following link to instantly find how much your home is worth now.

Thinking of selling soon?  Allow me to earn your business through hard work and dedication!  Feel free to call or text me 703.298.6546 for a free, no obligation consultation. 

 

Jan. 9, 2017

6 Ways to Prepare for Your Retirement

You did it. You made it to retirement. That light at the end of the career tunnel is within your reach now, and it's no bad days ahead. Sure, you're ready, you have trips planned in between days of no alarm clocks, and life is good. Before you slice the au revoir cake, here are a few last-minute retirement items to consider before the work party concludes.

1. Take advantage of last-minute tax-free savings. Folks 51 years and older can sock away a maxim
um of $24,000 per year towards individual retirement savings, all tax-free. So, if you have some stock options due or other bonus money  coming your way, endorse whatever you can into your retirement account. You earned it; you might as well hang on to it.

2. Keep working. Yes, you can officially retire and still produce revenue if you need or want to do so. Consider consultancy, or freelance work to boost your bank account without battling the morning commute. You've acquired a considerable amount of knowledge during your career, why not put it to use in a way that benefits others? Yes, times have changed, and the new working class is facing challenges never seen before. But, strategies and lessons you learned can contribute to the new kids on the block.

3. Adjust your cost of living. This is a broad topic and should probably consist of a few categories instead of just one, but we have to prolong your attention. Start with your housing costs. Most households spend 40% or more of their income on where they live. Is there a way to downsize or move to a place that isn't as expensive? If so, you can save the money you were spending on a mortgage and use it to travel, or spoil your grandkids.

4. Pay off what you can. Car notes, boat loans, revolving debt, can all weigh on retirement living. Eliminate monthly payments to the best of your ability before fixed-income living becomes a reality. Those extra hundreds or thousands doled out for payments will come in handy during the retirement years.

5. Check your Social Security benefits. The Social Security administration has a website (ssa.gov) where you can check your estimated monthly benefits come retirement. There are many ways to file for Social Security benefits, depending on life events leading up to that point. Seek out help on this topic.

Oh, and file for Medicare benefits three months before you blow out those 65 candles on your birthday cake. Even if you are not retiring at age 65, you are still eligible for Medicare. Consult an expert, because there are ways to maximize benefits that are not listed on the government website.

6. Make the most of it, you deserve some fun. Here's to a happy retirement! 

 

NEWSLETTER.HOMEACTIONS.NET

 

Jan. 7, 2017

4 Ways First-Time Homebuyers Can Reduce Closing Costs

Buying your first home can be a really exciting time, but it can also be a bit stressful and overwhelming. Closing costs are often a point of concern for first-time homebuyers. How much will they be? Will you have enough money to cover the costs? What do closing costs even cover?

Thankfully, there are some steps that you can take to reduce your closing costs, which are the fees associated with closing on your home. They typically include things like attorney fees, title search, insurance, and more.

Here's a few things to consider with your agent:

#1: Start by understanding your closing costs. Closing costs will vary significantly depending on location where you are buying, the purchase price of the home and even the day of the month when the closing is scheduled. States with higher tax rates, for example, would have higher closing costs. Closings that occur towards the end of the month will be more cost effective as you will have to pay per diem interest for fewer days.

#2: Go shopping for your closing costs. This financial comparison shopping should include your mortgage lender, title insurance company, homeowner's insurance policy and even your home inspection. Not only can the best deal on homeowner's insurance lower your closing costs, you will save on insurance premiums in the long run. You may want to inquire about reissue rates on your homeowner's title insurance. If the seller purchased the home and the policy within the last ten years, the policy can be reissued to the buyer with as much as a 40% savings.

When talking to potential lenders about your mortgage also ask for ballpark estimates on the closing costs. All banks are not created equal and you will need to make comparisons and possibly even negotiate between lenders for the best deal. Also look out for junk fees that are unnecessary.

#3: Ask for a lender credit. A lender credit is where you agree to a higher mortgage rate. You'll end up paying a little more each month for your mortgage but your closing costs may be lower. This is a great option if you plan on staying in this particular home for a long time.

#4: Ask the seller to contribute. This isn't always an option, but in a struggling market or where a property has been listed for a long time it is worth a try to see if the seller is willing to help with the closing costs. Ask your Realtor to help you negotiate.

Of course, these are just a few of the many ways that you can save on your closing costs when buying your first home. For more tips and tricks like this, consult with your agent who will know what is standard in your market.

NEWSLETTER.HOMEACTIONS.NET

Dec. 27, 2016

5 Important Steps for Future Home Buyers

Thinking of buying a home within the next 6-12 months, here are five important steps you need to take right now. 

  • Establish a relationship with a real estate agent now.  Even if you are not planning to buy a home for several months, find a REALTOR® who is willing to work at your pace and begin building your relationship now. This will afford you the opportunity to gain insight into the local housing market.  Additionally, you will have a single source by which you can ask questions and gain access to all the resources needed to make your home search simple, easy, and convenient.  
  • Evaluate your purchasing power now. There is nothing more frustrating than house hunting and later finding that you do not qualify for the mortgage loan anticipated.  To avoid this experience, find out how much you can afford now.  If you need help navigating this process, ask me for assistance. 
  • Find out how much cash you need at closing.  Although it is still a buyer’s market, there is no guarantee that the seller will pay all of your closing costs.  Even if the sellers agree to pay your closing costs in full, you will need cash for your down payment, home inspection(s), home warranty, minor repairs, moving expenses, utilities, and so on.  To ensure that you have enough cash to close the deal, evaluate your cash flow now.
  • Understand the housing options available to you.  These options include standard sales, short sales, foreclosures or REOs, HUD homes, FSBOs, new construction, and rent-with-option. The purchase process and requirements vary for each of the home choices referenced.  Start working with a real estate agent today to find the option that is best for you. 
  • Get to know your community of choice.  This is a great time to discover what community amenities are most important to you.  Are you most concerned about nearby schools, access to neighborhood shopping, recreational and exercise facilities, access to public transportation, employment locations?  Regardless of your preferences, now is a great time to narrow down your selections and find the location and community that is right for you.

If you are thinking of buying a home within the next 6-12 months and would like to get started on these five important steps, contact me for assistance. Regardless of your timeframe, I am happy to share my knowledge of the real estate industry and help prepare you for your future home purchase.  Why wait? These services are all complimentary for my future home buyers.