The Commercial Property Market Report for Prince William County is offered as a service of Michael’s Commercial LLC. The September 30, 2008 market report is categorized by the commercial Prince William County Zoning Districts:
Legend:
*The data presented here is compiled from information provided by the Metropolitan Regional Information System.
The Commercial Property Market Report is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.
Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.
©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Property Market Report – Prince William County – September 30, 2008
Commercial Land Real Estate Absorption Rates for Prince William County are offered as a service of Michael’s Commercial LLC. The monthly absorption rates are categorized by the following Prince William County Zoning Districts:
Absorption Rates are established by how many properties have sold during a given period of time (e.g., 365, 180, 90 and 30 days). Absorption rates also allow tracking trends in the market for any given number of days, weeks or months. These trends can indicate whether we may be in a Sellers Market, a Neutral Market or a Buyers Market. A monthly absorption rate of 5-6 is usually considered a Neutral Market. Anything below five is regarded as a Sellers Market and anything above six a Buyers Market.
The following tables reflect the Monthly Absorption Rates* for respective Zoning Districts in Prince William County ending on September 30, 2008:
The tables above indicate that the commercial land real estate market in Prince William County has been relatively slow. The property sales have been in the General Business (B-1) District, Office Low-rise (O(L)) and Heavy Industrial (M-1) Districts with some limited inventory available in the B-1, B-2, M-1, M-2, M/T and MIXED Zoning Districts. We are currently in a Buyers Market.
*The data presented here is compiled from information provided by the Metropolitan Regional Information System.
This information is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.
Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.
©2008 Michael’s Commercial LLC, All Rights Reserved – Commercial Land Absorption Rates – Prince William County – September 30, 2008
Commercial Real Estate Absorption Rates for Prince William County are offered as a service of Michael’s Commercial LLC. The monthly absorption rates are categorized by the following Prince William County Zoning Districts:
Absorption Rates are established by how many properties have sold during a given period of time (e.g., 365, 180, 90 and 30 days). Absorption rates also allow tracking trends in the market for any given number of days, weeks or months. These trends can indicate whether we may be in a Sellers Market, a Neutral Market or a Buyers Market. A monthly absorption rate of 5-6 is usually considered a Neutral Market. Anything below five is regarded as a Sellers Market and anything above six a Buyers Market.
The following tables reflect the Monthly Absorption Rates* for respective Zoning Districts in Prince William County ending on September 30, 2008:
The tables above indicate that the commercial real estate market in Prince William County has been relatively slow and non existent during this reporting period. The largest inventory of properties is in the General Business (B-1) District with some limited inventory available in the B-2, M-1 and M-2 Zoning Districts.
It is interesting to note that seven properties have sold in all of the commercial districts within the last 365 days. Five sales were in the General Business District and two were in the Light Industrial District. No properties have sold in any of the Commercial Districts within the last 30 days. We are currently in a Buyers Market.
*The market data presented here is compiled from information provided by the Metropolitan Regional Information System.
The information presented here is the author’s own interpretation of the Prince William County Commercial Real Estate market and makes no warranty or claim regarding the usefulness or implications of this information.
Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.
©2008 Michael’s Commercial LLC, All Rights Reserved - Commercial Absorption Rates - Prince William County - September 2008
Have you ever wondered why some photos look fantastic and others look kind of bland and uninteresting? The reason could be that the photo’s composition does not adhere to the “Rule of Thirds.” The Rule of Thirds is a basic photography composition concept for giving interest to a photograph and a way of making the photo more appealing to the eye.
Most of us take photos using the view finder or the display window on the back of our digital camera. In most cases, we make sure the subject is centered and we click. Although more than likely a good photo, we can add more interest to our photos by applying the Rule of Thirds.
The Rule of Thirds is a simple concept by dividing the photograph into nine equal parts. The points where the lines intersect are sometimes called power points. If you place your subject on or near these points, your photos will ultimately have more interest. Keep in mind that the Rule of Thirds is really not a rule, but a guideline for better composition. This doesn’t mean to say, if you break the rule you won’t end up with a good photo. Use good judgment when taking photos and you will have photos that create interest and look great.
I took this photo at the Hokone National Park in Japan. By applying the Rule of Thirds, you can see the vertical line on the right intersects the main focal point of the photo, the stone monument and the vertical line on the left is near the small monument. This gives the photo a second point of interest and creates a sense of balance. There is an additional bonus in this photo. At the top horizontal line is Mount Fuji. The bottom horizontal line divides the small monument and is at the base of the stone monument.
The photo was taken with a Mamiya 645 median format camera, 80mm, f2.8 lens and Kodak 120 ASA 100 film.
Ideally, you will want to compose your photos in the view finder of your camera for good composition. However, if you have already taken some photos that could benefit from the Rule of Thirds there is a way to improve them.
I found a free method for applying the Rule of Thirds to your existing photos. This technique will allow you to apply the Rule of Thirds to your photos and crop them to comply with the rule. The link for the download and a tutorial can be found here.
If you would like to learn more about the Rule of Thirds, you can find more information here.
Are you using the Rule of Thirds when composing your photos? If you aren’t using it, give it a try and I think your photos will improve dramatically. Thank you for reading this post and I look forward to your comments.
Michael Setunsky is the Broker and owner of Michael's Commercial LLC serving the Northern Virginia commercial real estate market. His more than 23 years of experience as a commercial real estate and business broker has earned him the distinction for being one of the top commercial real estate producers in the Mid-Atlantic Region. He also serves on the Mid Atlantic Real Estate Marketing Association's (MAREMA) Board of Directors, and is a Commonwealth of Virginia licensed Instructor. He teaches Pre-licensing, Post Licensing Education, Broker's and Continuing Education courses. Visit his company web site at http://michaelscommercial.com/.
