The Clarendon Alliance is hosting the 12th annual Clarendon Day party this Saturday, September 26th, 2009 from 11am - 7pm.
"It'll Knock Your Brown Flip Flops Off"
What: Food, Live Music, Kid's Carnival, retail shopping booths, a 5k/10k and a Fun Run.
Food: 19 local restaurants will be serving food:
American Flatbread
Clarendon Grill
Crepe Deli Catering
Delhi Club
Delhi Dhaba
Ear's Sandwiches
El Chapparal
Hard Times Cafe
Kabob Bazaar
Mac's
La Tasca
Mexicali Blues
Ragtime
Restaurant 3
Rockland's Barbeque and Grilling Company
Tallula/EatBar
Liberty Tavern
Whitlow's
Willow
Music: 2 stages (Clarendon & Highland, and Wilson & Irving) featuring live music all day
see the full schedule here
Play: Puppet show, storytelling, face painting, magician...so much more!
Shop: A list of all of the retail and art vendors here.
Run: Register for the 5k or 10k run beginning at 9am.
If you see me out and about, please say hi!!
(I know this looks like a Crest Toothpaste commercial ad, but consider this to be my Realtor(R) Dating profile, just so you know what I really look like - because, let's be honest, how many Realtors actually look like their photos?!)
And while you're out and about in Clarendon, why don't you check out the Condominiums and Townhomes for sale in Arlington near the Clarendon Metro or the Houses for Sale near the Clarendon Metro.
CNNMoney.com published an article this morning called: Same 4-Bedroom house - wildly different prices. They provided a list of the most expensive and most affordable cities for a 4 bedroom, 2.5 bath house with 2,200 sq ft. Well, their headline rings true: different cities, WILDLY different prices:
So where does Arlington, VA fit in? Well that depends...
South Arlington: defined as the zip codes of 22202, 22204, 22206
Average Sale Price for a 4-Bedroom, 2.5 Bath with 2,200 sq ft since January 1, 2009: $614,245
North Arlington: defined as the zip codes of 22201, 22203, 22205, 22207, 22209, 22213
Average Sale Price for a 4-Bedroom, 2.5 Bath with 2,200 sq ft since January 1, 2009: $809,583
They're not kidding....that's a $200,000 difference within the same COUNTY!
Search Current 4 Bedroom, 2.5 bath Homes For Sale in Arlington VA
The Washington, D.C. Metro area took 16 of the top 50 counties across the U.S. for the Highest Share of the Wealthy & Young. What does "Wealthy and Young" mean? Anyone in the age group of 25-34 making at least $100,000.
The Top Spot went to Loudoun County, who has 10% of its population represented by this demographic. Loudoun County includes the towns of Hamilton, Hillsboro, Leesburg, Lovettsville, Middleburg, Purcellville, and Round Hill. It also includes the cities of Ashburn, Dulles, Aldie, Sterling, South Riding, and many other neighboring areas.
Search Loundoun County Homes For Sale
Taking 2nd place was Arlington County. This comes as no surprise following CNN's rankings of the "Top Cities for the Rich and Single," naming Arlington #1. Over 40% of Arlington is single, and the median household income is $108,000.
Search Arlington County Homes For Sale
Taking the #7 spot was Alexandria City. Alexandria City consists of areas like Old Town, Del Ray, Cameron Station, Potomac Green, and many, many more.
Search Alexandria VA Homes For Sale
Washington Business Journal released an article on Monday, September 14th, 2009 that said Arlington County is expected to see a 5 - 12% decline in Real Estate Revenue during 2010.
TRANSLATION:
Revenue from Real Estate TAXES are expected to decline.
Taxes collected on the ASSESSED value, not necessarily the MARKET VALUE.
Arlington County Real Estate Tax Assessments are calculated as follows:
Annual Tax Rate * County Assessed Value = Taxes Collected
2010 Tax Rates: $0.865 per $100 assessed value
Assessments for 2010 are the county's appraisal of value on January 1, 2010, based on sales from July 1, 2008 to June 30, 2009.
This does NOT mean they're giving you a 100% prediction sales prices will decline by 5-12% next year. Nobody can tell you that - not without a crystal ball!
But the reason they can predict declines in assessments are based on the numbers we have for the end of 2008 into mid-2009, which many have said is now the bottom of the market for Arlington County, VA. The Northern Virginia Association of Realtors(R) (NVAR) produces a quarterly report on the real estate market by county. Here's a summary of their findings:
Notice their forecast for the first quarter of 2009 was an increase in average price.
Based on the numbers, you can see the trend indicates an increase in average sale price. July 2009's average is $523,379, and August is $537,120.
**All of these numbers are just averages. They're indicates of the market as a whole, which is generally useless when you're trying to price a specific property in a very specific neighborhood. The same goes with the tax assessment - it's another indicator. It's not a price written in stone, or an end-all-be-all indicator of any type of value - especially when it's now September, and the value was assessed in January.
Questions? Call me. This stuff is hard to really get into in a blog, but just be aware that the article was referencing funds collected by the government on a value the government places on a real property.
Thinking about buying or selling? Check out the Arlington VA Homes For Sale
A new construction project on N. 9th Street on the corner of N. Irving Street is the home of Clarendon 3131. Located at 3131 N. 9th Rd, Arlington, VA 22201, just 3 blocks to the Clarendon metro.
The development will be home to 14, large 2 bedroom-condo units, and 2-bedroom luxury townhomes.
Condos will start in the upper $500ks, and the townhomes will be just under $1.2M.
Condos on the first floor units will have a private front-yard, and elevated units will have balconies. Standards will include hardwood floors throughout, granite, upgraded cabinetry, recessed lighting, luxurious baths, and covered parking for each unit.
Townhomes will all of the above, gas fireplaces, two-car garage, 4th floor loft with balcony.
Delivery is expected for late 2009.
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Providing real estate expertise in Arlington County, Fairfax County, and Washington, D.C.
Laura is an upstate New York native, but now calls Arlington home. Prior to becoming a full-time Realtor, Laura served as an analyst and consultant in the finance realm of the Federal Government. Laura completed her undergraduate work at the University of Rochester and holds a dual degree in Economics and Statistics, as well as a Master's Degree in Applied Economics from Johns Hopkins University. Licensed in Virginia, Maryland, and Washington, D.C., Laura focuses her business on helping first-time home buyers and sellers navigate the real estate process. Professional Affiliations and Designations
Business Experience
Education
Licensed in Virginia, Washington, D.C., and Maryland
"As a first time home buyer the entire process was very daunting to us, however Laura made it very easy. She made us feel very comfortable from the start and never made us feel like any of our questions were "dumb questions". I would absolutely refer her to any of our friends and family in the area searching for a home." - Nick, Washington, D.C.
"When my business partner and I moved into the DC area looking to invest we sent out a list of criteria to several real estate agents hoping to find one that could help us accomplish our goals, thank goodness we found Laura. She worked quickly to compile a list of over 100 properties, most of which we visited in a short two day period. Without Laura's dedication and hard work I'm convinced that we wouldn't be anywhere near where we are now. We plan on continuing our professional relationship with her and look forward to working with her in the future. Thanks Laura!" -Stephen E., Alexandria
"We are happy to say that in less than six weeks, we were in our new home and it is all thanks to Laura's dedication to us. She really listened, her commitment to us was reflected in her professionalism, timely communication and service to us and that made all of the difference. She was very knowledgeable and there were no questions or concerns that she was unwilling or unable to address. She has so much energy and goes above and beyond what a Realtor should do. She restored our confidence in the home buying process and I have since recommended her to anyone interested in buying or selling a home." -Maxine and Mustafa, Washington, D.C
"We recently had a baby and needed to move to a bigger home. A friend recommended Laura, so we contacted her. We thought we wanted to rent for another year before buying, but we told Laura that if she was able to find us a "steal" we'd consider it. When she got back to us with a list of for sale and for rent properties, we were surprised how many homes were on the market close to our price range. In the end we decided to stick to our original plan and rent. Laura never put any pressure on us to decide one way or the other- she let us decide what was best for us- even when it would have been better for her had we chosen to buy. We were planning to move in September but Laura's work was so fast that she was able to help us get into a place in August which worked out even better for us. She showed us the properties on last minute notice and was overall very flexible, friendly and helpful. We would recommend her to anyone who asked!" -Jess & James, Falls Church
"Laura did an amazing job of finding me a condo that fit exactly what I was looking for. Her extensive knowledge of the area and the outside research she did for me made the process very fast and easy since we didn't waste time looking at properties that she knew I wouldn't be interested in. She was very low-pressure about making the sale by letting me move at my own pace.
As a first time buyer, I wasn't sure exactly how the process worked after finding a place to put an offer on, so Laura helped me every step of the way, from the initial offer through the mortgage approval and closing. I always felt very comfortable with how things were working, and anytime something came up she would contact me right away and we'd resolve the issue asap. I couldn't have asked for a better experience!" - Mark, Arlington
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