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Archive for February, 2008

TheRealEstatePost.com Wants Your Feedback

The Top 100 Real Estate Blogs did a recent ranking of all of the real estate blogs on the internet. TheRealEstatePost.com got SO close!! We were ranked 109! So I am asking you, my reader, what can Laura and I do to make you want to read our blog more and push us into the top 100!? Any feedback would be greatly appreciated!!

Thanks for reading our blog!

Posted by Scott Montgomery | Currently 1 Comment »

Assessed Value vs. Appraised Value - What’s the Difference?

The assessed value of your home is used for taxation purposes: it’s a value assessed by a public tax assessor.

The appraised value is comparable to the fair market value of the property. The appraised value is computed using comparable sales, including the last value the property was sold for.

 Visit one of these websites for information on your local assessors:

 Arlington County (Arlington, Fairlington)

Fairfax County (Herndon, Vienna, Reston, Mclean, Great Falls)

Posted by Scott Montgomery | Currently No Comments »

A New Reason to Move to Vienna, VA: Bazin’s Restaurant

As a surprise, I took my wife to try Bazin’s Restaurant in Vienna. Wow. This restaurant has a great atmosphere, great food, and a great wine list!! :) It’s definitely a restaurant to add to your “to-do” list if you’ve never been there. They have an enormous menu that will have something to please everyone in your party.

Try the flatiron steak with Blue Cheese and Creme Brulee. Fantastic.

Posted by Scott Montgomery | Currently No Comments »

Open House, Station Square Condo, Sunday 1-4pm

 

 

Open House!!! 

Sunday, 2/24

1-4 pm

2 Bed, 2 Bath Condo

$585,000

1 Block from Clarendon Metro Station

998 sq. ft.

2 Parking Spots

Storage Unit

Balcony overlooking Clarendon

 

Come by this Sunday to take a look at this beautiful 7th floor corner unit or call me to schedule a showing! 703-283-4524

Posted by Scott Montgomery | Currently No Comments »

CNN and CookingLight Gives More Reasons to Move to the Washington, D.C. Area

 

More good news for residents in the metropoliation Washington, D.C. area. We’ve just been rated #3 in the U.S. by CookingLight for “places [that] best fit our philosophy to eat smart, be fit, and live well.” Baltimore was ranked 11th on the Top 20 Cities list. With an abundance of different restaurants offering all sorts of different cuisines, both healthy and not (for those looking for a cheat day!).

Yet another reason why this city is one of the best places to live.

Posted by Scott Montgomery | Currently No Comments »

Keller Williams Discusses Arlington Virginia Condo Prices 2008

For those closely following the real estate market in early 2008 hoping for signs that things will begin to pick up soon, here’s your sign:

The Northern Virgnia Association of Realtors (NVAR) recently published January 2008 Market Statistics. The highlights include:

Arlington County Condominiums Price Information

Averge Days on Market

January 2008 : 60

January 2007: 75

These are all GREAT indications that the real estate market in Arlington is doing much better than everyone anticipated!!

 

Posted by Scott Montgomery | Currently No Comments »

I’m Looking to Buy a New Home, How Much Does a Buyer’s Agent Cost?

Could be NOTHING….

 I’ve found that some people are unaware that Buyer Agents are here to help you buy your new home! We work for you to get you the best price for your future home and on our team we will only ask for a payment if the seller isnt willing to pay us on your behalf.  Most listings  weve come across compensate the buying and selling Realtors.

There are so many reasons why using an agent when buying your home is advantageous. Besides the compepnsation structure, all of the paperwork when writing an offer, securing a contract, and closing is what we’re trained to do. We help to make the headache go away! Buying a new home should be exciting and fun, not a time of stress and heartache.

 Realtors are here to help. We’ll share in your excitement when you finally get the keys to your new place, and even help you celebrate ! Please call Laura or me today to help you begin your search for your future home!

Posted by Scott Montgomery | Currently No Comments »

Just Reduced! Station Square Condo Open House

 

Open House!!! 

Sunday, 12/17

12-3pm

2 Bed, 2 Bath Condo

$585,000

1 Block from Clarendon Metro Station

998 sq. ft.

2 Parking Spots

Storage Unit

Balcony overlooking Clarendon

 

Come by this Sunday to take a look at this beautiful 7th floor corner unit or call me to schedule a showing! 703-283-4524

Posted by Scott Montgomery | Currently No Comments »

Project Lifeline - Will This “Medicine” to Foreclosure Madness Help?

The latest attempt to stunt a recession? Project Lifeline.

The goal? To postpone foreclosures for an extra 30 days to allow defaulting borrowers a chance to state their case for maintaining possession of their homes.

The process? Citigroup, Washington Mutual, Countrywide, Bank of America, JPMorgan Chase, and Wells Fargo will contact borrowers who are 90 days or more behind on their payments to discuss new terms IF they’re still interested in maintaining ownership in their home and IF, and this is a BIG if, IF they’re current economic status qualifies them a “lifeline,” or second chance. If and when the borrowers make 3 consistent months payments, these newly established terms will become permanent.

The “Solution”? Time will tell! It’s hard to tell what this will do to help fend off increasing foreclosure rates around the U.S.

What happens to those who don’t qualify? Their foreclosures are likely to continue. Mortgages who default, even after their new terms?? They’ll contribute to foreclosure rates also.

It’ll be interesting to see how and if these recession “medications” help. What do you guys think? Helpful? Giving mortgages an extra 30 days to live without paying? A brilliant idea??? Let me know!

Posted by Scott Montgomery | Currently No Comments »

Questions About Reston, Virginia? Get the Word from Reston’s Most Famous Mom

Local Reston mom, Tricia Morgan, wants to give you the inside scoop on Reston, Virginia, motherhood, current affairs, local schools, and so much more. Check out her website, Reston Mom, for information on anything you could want to find on the area and parenting. Check out pictures of her 2 beautiful daughters, guest writers and their thoughts…the list goes on and on! I can’t say enough about the wealth of knowledge from this Reston resident!

Tricia was also gracious enough to spotlight TheRealEstatePost.com on her website. Many thanks to Tricia for her kind words and generous donation of her blog space!!

I encourage all of you to check out her site for any and all information you want on Reston, VA!!

Posted by Scott Montgomery | Currently No Comments »

Keller Williams Examines the Northern Virginia Real Estate Market - January 2008

How did the Northern Virginia* area do during the month of January? Let’s take a look:

January 2008 Home Sales

Detached: 299

Attached: 201

Condo/Co-ops: 216

Total January Sales: 716

Average Days on Market: 123

Total Active Listings: 8,939

Average Sales Price: $486,060

Median Sales Price: $400,000

YTD Sales Volume: $348,018,904

All numbers and figures courtesy of NVAR’s January 2008 Market Summary Report.

Compared to January 2007, 2008 Average Sales Prices are about 7% less, but there was also about a 29% increase in SUPPLY (active listings), explaining why sales prices were slightly lower - more bargaining power!

(*Northern Virginia area includes the counties of Fairfax and Arlington, and the cities of Alexandria, Falls Church, Fairfax; and the towns of Vienna, Herndon, and Clifton.)

Posted by Scott Montgomery | Currently No Comments »

Reston Virginia Association - An Introduction By Keller Williams

For new and long-time Reston residents alike, the Reston Association website is a great resource for information on the community. The site will give you information on everything from the History of Reston dating back to the 1960s to future construction plans and renovations around the community. They list important property owner information, including disclosures, assessments, and more. For those seeking new places to explore in the area, there’s a detailed list of shops and parks to visit, including the Reston Town Center. There’s a myriad of information on this site for those looking for more information.

An example of a subdevelopment website, Wescott Woods, will give you an idea of the beauty surrounding you while living and working in Reston.

As a Reston resident, I would love to show you the town! Please call or email me today to find your future home in Reston today!! 703-283-4524

Posted by Scott Montgomery | Currently No Comments »

Residences at Station Square Condo - Just Reduced!

The Residences at Station Square Unit 708

2 Bed, 2 Bath Condo

2 Parking Spots

Storage Unit

998 sq. ft

1 Block from Clarendon Metro

Just Reduced: $585,000

Call Me Today to Make an Offer!!!! 703-283-4524

Posted by Scott Montgomery | Currently No Comments »

Washington Redskins Hire New Head Coach: Jim Zorn

After a long drawn-out interview process for a new head coach, to replace Joe Gibbs, Redskins owner Dan Synder announced last night Jim Zorn will be taking over the lead for the Skins. Zorn was offered a 5-yr, $15 Mil contract for the job. Zorn comes from the Seattle Seahawks where he was the QB coach for 7 years. He will be guided by most of the other staff members in tact, except Williams, now the Defensive Coordinator for the Jaguars.The Redskins were 9-7 last year.

Goodluck Skins!!!

Posted by Scott Montgomery | Currently 1 Comment »

Refinancing - Who? What? How? Why? More Importantly - When!

When you hear people talking about a “refi” they mean refinancing their loans…but I want to briefly explain refinancing mortgages. Basically, refinancing means replacing your previous mortgage terms with a new one, usually at a lower interest rate. Given the recent rate cuts, now seems like a great time for folks to “refi” their current mortgages. However, there’s a lot for the lenders to consider when applicants submit refi requests.

CNN Money has recently published an article that says many people are having trouble refinancing, because of qualifications and equity. Call me today to discuss! 703-283-4524!

Posted by Scott Montgomery | Currently No Comments »

« Previous Entries

Did you know you could find KW Mclean on ActiveRain.Com too? July 23rd, 2008

Scott Montgomery and Team can also be found participating in the ActiveRain Community. For over a year now we have been an active member of www.ActiveRain.com. In the past and even today we […]

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Northern Virginia Real Estate Prices continue to FALL… July 23rd, 2008

 
Northern Virginia’s year to date average real estate sales price is down from last year.
Last years average sales price was $537,339.00 and this years grand total is $482,197.00.  Thats is a […]

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Keller Williams Mclean Virginia Realtor Scott Montgomery pledges…. July 23rd, 2008

We will never do this to your listing….

http://www.youtube.com/watch?v=sNSWccfdO3Y

Give us a call today to learn more about how we can help you sell your property the right way.
 Scott Montgomery
703-283-4524
scottmontgomery@kw.com

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midtown Reston Town Center July 23rd, 2008

Midtown Reston Town Center is brought to you by Kettler.  Check out their video below for more information on this wonderful condo community in the heart of Reston Virginia at The […]

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Reston, One of the faster growing suburbs in Virginia offers Hidden Creek Country Club! July 9th, 2008

Nestled among giant hardwoods near the growing suburb of Reston, Virginia, Hidden Creek Country Club is a privately-owned, quiet and secluded oasis that’s just minutes from downtown Washington, D.C.. This information […]

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Is it time for renters to buy? Call me at Keller Williams Mclean Virginia to discuss July 9th, 2008

NBC’s Today show had a snippet posing this very question this morning and their verdict is in. In summary, LOCATION LOCATION LOCATION. Renting makes sense in areas where there is still […]

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Congratulations and Good bye to Laura Rubinchuk! July 8th, 2008

While sad for us, it is with great pleasure for her that the Real Estate Post Team announces that their very own, Laura Rubinchuk of the Keller Williams Mclean Virginia office, is […]

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REDUCED!!! Come take a look again…Vienna, 22181 July 8th, 2008

Come take another look at this magnificent Georgian Style Estate- This property boasts 6 bedrooms and 6 full baths as well as heated pool and cabana on a meticulously maintained 2 acre […]

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