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Herndon VA Real Estate

Believe it when you see it - Dulles Rail Set to Get Federal Approval

Wednesday, April 30th, 2008

Federal transportation officials are planning to approve the proposed 23-mile extension of Metrorail in Northern Virginia to Dulles International Airport in a letter to Congress today, the officials told local and state authorities yesterday.
Without the federal money, state and local officials have said, the project would die, ending the possibility of a long-sought rail [...]

Fairfax County follows suit - Raises Taxes Rate for Fiscal 2009

Tuesday, April 22nd, 2008

Yesterday, the Fairfax County Board of Supervisors tentatively approved a $3.3 billion spending plan for fiscal 2009 that raised the property tax rate 3 cents, to 92 cents, per $100 of assessed value. The average home assessment declined from $542,400 to $524,100, and the average tax bill is projected to drop about $6, to $4,822. [...]

Fairfax County Reserves option for Real Estate Tax Increase

Wednesday, April 2nd, 2008

The Fairfax County Board of Supervisors left the door open for a three cent increase in next year’s residential real estate tax March 10.
The Supervisors voted eight to two to advertise a real estate tax rate of 92 cents per $100 of assessed property. The current rate is 89 cents per $100 of assessed property.
By [...]

The flavor of the Month is Foreclosure Tours - The Earl Team has been offering tours for Years.

Monday, March 31st, 2008

Tour of Homes, Foreclosures offer by The Earl of Real Estate Team
The latest gimic in the real estate community are bus tours to visit foreclosure properties.
We have been offering tours of homes for years and feel that our approach is done in such a way to protect and serve the home buying consumer.
We don’t just [...]

Northern Virginia Real Estate Roundup

Friday, March 28th, 2008

Housing Troubles Grow
Long-established and new residential communities both feel pinch of housing market.
The current economic trends, including higher energy costs and a depreciating housing market, are affecting different communities at a different level. Although foreclosures — a measure of an area’s ability to repel economic pressures — have not impacted Reston [...]

Herndon VA Real Estate Report - 8/07

Thursday, August 23rd, 2007

Herndon VA Real Estate Report
Herndon VA Homes, Condos & Townhouses for Sale
597
Average List Price
465,055.36
Average Active Days on Market
98.3
Current Under Contract Properties
97
Average Price
495,586.08
Average Days on Market
81.9
Number Sold in Last 90 Days
224
Number Sold Per Month
75
Average List Price at time of Sale
491,657.25
Average Sold Price
474,776.94
Percent of List Price
96.6%
Days on Market - Sold
72.9
Active to Under Contract Ratio
6.15
Month Supply of Inventory
8.00
Herndon [...]