Home for Sale at 4504 N. 16th Street in Waverly Hills

4504 N. 16th Street, Arlington, VA

hand draw house against blue sky

Imagine the possibilities

Great opportunity to update, expand or build the home of your dreams in Waverly Hills, named one of the top 5 “hottest neighborhoods” in the DC area.  This custom built front to back split level home features 3 bedrooms, 2 ½ baths, a large eat-in kitchen/family room, hardwood floors, two fireplaces, and a walkup attic. Sited on a rare ¼ acre beautifully landscaped level lot on a quiet street with a rear alley in a neighborhood of million dollar plus homes.  Less than a mile to Ballston Metro, shops and restaurants with easy access I-66.  Glebe/Swanson/W-L schools.  Home is being sold “as is” but systems are in working order and a 2-10 Home Buyers Warranty is included.  $799,900.

Arlington Resources for Foreclosure Prevention

The Arlington County website suggests three steps to help prevent foreclosure.  First, find free counseling.  There are several organizations and agencies who will help you.  Second, call today.   Third, pass it on.  If you share this information with others you may be able to keep someone else from losing their homes.

For contact information for the organizations which may be able to help and for other additional resources, visit their website here.

Old Homes can be Green Homes

The Arlington Heritage Alliance will be holding its annual meeting on May 25th at the Lyon Park Community Center with a panel of experts discussing how “Old Homes can be Green Homes” and offering tips on how to make your old home energy effficient without sacrificing its historic character.  For more information click here.

Long and Foster's Market Minute for April is Here

Click here to see April market statistics for Arlington County.

Bromptons Correction Project

The first phase of the Bromptons correction project is now complete.

This condominium building in Cherrydale has been sitting in a partially completed since 2006 when Arlington County found structural violations. Now exterior brick work and windows have been completed and sidewalks repaired. The second phase will include interior work, exterior balconies and tree installation to bring the condominium to completion by Fall 2010. http://ht.ly/1Jitj

Clarendon, Lyon Village and Lyon Park

Clarendon, VirginiaNew photos of Clarendon and neighborhood information for nearby Lyon Village and Lyon Park are now available here.

It Pays to Buy Now

Little time remains for you to take advantage of the Federal Home Buyer Tax Credit. Along with high affordability and low mortgage rates, tax incentives make now a great time for first-time and repeat buyers to purchase real estate. It also presents a good opportunity for sellers. To learn more, view this and contact a local Realtor to seize this great opportunity.

Good news for Arlington and DC

This recent article from Forbes showed the DC area including Arlington and Alexandria tied for first place with Austin, Texas among cities where the recession is easing.  The article cites job growth, and a stronger housing market than most parts of the country as reasons why this area is coming out of the recession sooner than any other major city.

New Website from National Association of Realtors Offers Help for Homeowners

The National Association of Realtors announced the launching of its new consumer based website this week, HouseLogic.com, a free source of information and tools that can help you make smart and timely decisions about your home.

According to NAR’s press release, the free Web site helps homeowners plan and organize their home projects and provides timely articles and news; home improvement advice and how-to’s; and information about taxes, home finances and insurance.

“Unlike other homeownership Web sites, HouseLogic helps consumers view their home through a financial lens and make smart, informed home improvement investment decisions,” said NAR President Vicki Cox Golder. “Families can set goals for saving money on their home or increasing its value, and easily track the progress they are making on those goals.”

Visit HouseLogic at www.houselogic.com.

President Obama signs bill extending and enhancing tax credit

President Obama just signed a bill which not only extends the tax credit of up to $8000 for first time buyers to purchases  by April 30th, 2010 (and settlement by June 30th, 2010), but increases the income limits and offers existing homeowners who have lived in their primary residence for five of the last eight years a credit of up to $6500 as well.  The maximum home price is capped at $800,000.   Details are available here.