Doug Francis, REALTOR | Real estate sales in Vienna, McLean and Oakton, homes throughout Fairfax and Arlington County | Includes blog, MLS listings search, and community information

Figuring out the Vienna Home Market… May 2009

With all you read about the housing market, buying a Vienna home in 22182 appears to be a better bet right now. But if you are a seller with a home priced over $800,000 then you will be sobered. I just looked over resale data from MRIS of the Vienna zip codes ( 22180-22182)  for the month of May, and the biggest gains seem to be in the 22182 zip code again… looking at the number of sales. But... [Read more about this property]

Town of Vienna real estate tax rate 2009-2010

The Vienna, Virginia Town Council adopted a new budget on June 15th for fiscal 09-10. The town’s real estate tax rate will be 22.81 cents per $100 of assessed valuation. Town of Vienna homeowners also pay Fairfax County real estate tax of $1.04 per $100 of assessed valuation. Town of Vienna Real Estate 2009-2010 tax rate: It shall be $0.2281 per every $100 of assessed value. The Town of Vienna... [Read more about this property]

Yes, the buyers are out there… but move-in-ready homes aren’t

I was searching for a town home with a client last week in Centreville, Clifton and Fairfax and saw an interesting trend. The trend was in homes that were regular sales, not the foreclosures or short-sales which seemed to be about 50-60% of the market. So, let’s consider the regular sales to be 40% of the market in the under $425k price range that we were walking through at a furious pace. At... [Read more about this property]

Doug Francis, REALTOR | Real estate sales in Vienna, McLean and Oakton, homes throughout Fairfax and Arlington County | Includes blog, MLS listings search, and community information