Freddie Mac reports today that fixed-rate mortgages have fallen to a twelve month low. The average rate on a 30-year fixed-rate mortgage was 4.37% this week, continuing the steady downward trend that has been going on since last November. The average 15-year fix was 3.81%. Freddie Mac chief economist Sam Khater attributes the drop in … Read More
The New Year kicked off on an especially strong note for sellers in the DC Metro market: the median home price, $420,000, was up 5.0%, making it the 28th consecutive month of year-over-year price increases and the third consecutive month that price appreciation has hit five percent or greater. The average percent of original list price … Read More
JUST SOLD BY THE CAROLYN HOMES TEAM: 9878 OAKDALE WOODS COURT VIENNA, VA 22181 UNDER CONTRACT IN JUST 4 DAYS! Sale Price: $465,000 List Price: $475,000 Close Date: 12/20/18 Features: *Colonial Townhome with 3 bedrooms, 2 full & 1 half baths *Light-filled kitchen with stainless steel appliances and custom designed backsplash *Living room with French … Read More
Commercial real estate developer JBG Smith recently presented its vision for “National Landing,” the site of Amazon’s HQ2 in Virginia and a rebranding of portions of Crystal City, Pentagon City, and Potomac Yard. Here are the highlights from JBG’s strategic plan for the area: Infrastructure Investments • Construction of additional Metro entrances at Crystal City … Read More
After a yearlong search that drew 238 bids from across the nation, Amazon announced on Tuesday that it would divide its second headquarters between two offices, one in Queens, NY and the other in Arlington, VA. The precise location of the Virginia headquarters will be an area Amazon is branding “National Landing,” comprised of parts … Read More
JUST SOLD BY THE CAROLYN HOMES TEAM: ABOVE LIST PRICE & UNDER CONTRACT IN 4 DAYS! 817 N LATHAM STREET ALEXANDRA, VA 22304 List Price: $599,000 Close Price: $610,000 Close Date: July 16, 2018 Days on Market: 4 Features: *4 Bedrooms/2 full Baths *Light-filled brick colonial *Expansive common areas *Family Room addition with vaulted ceilings … Read More
*JUST LISTED* 817 N LATHAM STREET ALEXANDRIA, VA 22304 LIST PRICE: $599,000 FEATURES: *4 spacious bedrooms, 2 full baths *Hardwood floors throughout upper level *Wall-to-wall carpeting throughout lower level *Light-filled Family Rm w/ sliding doors to expansive rear deck *Den w/ fireplace *Laundry Rm w/ add’l storage & utility access *Fenced yard w/ mature landscaping … Read More
Washingtonian recently named several neighborhoods in the DC area that will undergo the most striking transformations in the coming years, likely causing real estate values to soar. Here are some of the areas they spotlighted: Anacostia Reasons to watch: *Planned “MLK Gateway” mixed-use site in the historic corridor *$65-million basketball arena for Wizards practices & … Read More
Isabella Schnider, a sales agent with the Carolyn Homes Team, was recently featured in an article for Washington Business Journal titled “From One Millennial to Another: The Homebuying Lowdown.” The author interviewed Isabella about what millennials are looking for in the home buying process, including desirable neighborhoods, home features, and pricing. Click here to read … Read More
A newly released survey by U.S. News & World Report ranks 3 Northern Virginia suburbs among the healthiest communities in the nation. Falls Church earned the #1 spot on the list due to its excellent school systems and low poverty and crime rates. Fairfax City ranked #6 and Loudon County #8. The survey was conducted … Read More