Tysons, VA

Open Houses: March 27

Three Stones Residential agents pride ourselves on our consultative service approach, local expertise and real estate market knowledge. With over 26 years of business experience in the DMV, we have consistently performed in the top 2% of local Realtors and are currently the #1 group at Keller Williams Metro Center. 

2913 Rensselaer Court, Vienna
4 BD/2.5 BA
Agent: Weichert Realtors
Listed: $625,000
Open: Sunday 1-3 p.m.

 

10509 Wickens Road, Vienna
4 BD/3.5 BA
Agent: Optime Realty
Listed: $960,000
Open: Sunday 2-4 p.m.

 

9480 Virginia Center Boulevard #203, Vienna
2 BD/2 BA
Agent: Berkshire Hathaway HomeServices Select Realty
Listed: $389,900
Open: Sunday 2-4 p.m.

 

1943 Griffith Road, Falls Church
6 BD/5 BA
Agent: Kw Metro Center
Listed: $1,455,000
Open: Sunday 1-4 p.m.

 

6721 Kennedy Lane, Falls Church
6 BD/5.5 BA
Agent: Signature Realtors Inc
Listed: $1,065,000
Open: 4:30-6:30 p.m.

 

1839 Lusby Place, Falls Church
6 BD/6 BA
Agent: Samson Properties
Listed: $1,394,500
Open: 1:30-3 p.m.

 

6801 Market Square Drive, McLean
4 BD/2.5 BA
Agent: Keller Williams Realty Falls Church
Listed: $849,900
Open: Sunday 1-3 p.m.

 

6600 Old Chesterbrook Road, McLean
6 BD/5.5 BA
Agent: Weichert Realtors
Listed: $1,399,000
Open: Saturday & Sunday 2-4 p.m.

 

Our role is to offer sound advice and guidance to our clients in order for them to achieve their goals in either buying, selling, leasing or managing real estate. We are truly “Your Home… for Everything Real Estate.” To schedule a private showing of these or any other properties of interest please do not hesitate to contact us here or email us at [email protected].

0 Comments

Three Stones Residential agents pride ourselves on our consultative service approach, local expertise and real estate market knowledge. With over 26 years of business experience in the DMV, we have consistently performed in the top 2% of local Realtors and are currently the #1 group at Keller Williams Metro Center. 

The following properties were recently listed in the Tysons, McLean, Vienna and Falls Church areas

Our role is to offer sound advice and guidance to our clients in order for them to achieve their goals in either buying, selling, leasing or managing real estate. We are truly “Your Home… for Everything Real Estate.” To schedule a private showing of these or any other properties of interest please do not hesitate to contact us here or email us at [email protected].

0 Comments

Are You Ready To Be Counted?

The U.S. Census count is underway, the enormous effort happens once every 10 years to count every person living in the United States regardless of age or immigration status.

The census helps determine how much funding Fairfax County receives from money allocated by the federal government to improve transportation, provide education, healthcare, affordable housing and prepare for emergencies. It also determines how many representatives are sent to Richmond and Washington D.C to advocate for the county.

According to the Community Foundation of Northern Virginia, Fairfax County could lose $12,000 in potential funding over the course of a decade for each person who does not respond to the census.

In March, the U.S. Census Bureau began mailing every household an invitation to complete a simple questionnaire about who lives at their address on April 1. People can respond to the census online, by phone, or by mail.

The census will ask for names, age, sex, race and the relation of everyone living in each household. Federal law keeps those responses safe, secure and confidential.

Everyone should be counted to ensure Fairfax County receives its fair share of federal funds and representation.

Learn more at https://www.fairfaxcounty.gov/topics/census.

0 Comments

Luxury for Less: March 25

Welcome to Luxury For Less, a weekly column highlighting the best deals in luxury real estate. Written by Brandy Schantz of TTR Sotheby’s International Realty, Luxury For Less offers tips and tricks navigating the competitive real estate market and securing the home of your dreams. To learn more, visit ttrsir.com.

These are certainly unprecedented times. I hope everyone is staying safe and practicing social distancing.

The real estate market is still moving though a bit differently than usual. We’re using FaceTime, Zoom and other video tools to show homes and TTR Sotheby’s International Realty has stopped holding open houses and instead we are taking appointments for one person at a time to see our listings. This week felt like a good time to feature a home I would most want to be quarantined in.

This house features over 15,000 square feet, 2 guest houses, an amazing wine cellar and a gym. Renovated by award winning BOWA in 2012, you can relax in the jetted tub, enjoy a glass of wine in the recreation room, or swim in the saltwater pool. Who would actually want to leave this house? Now reduced in price by nearly $500,000, check out this amazing home in McLean.

To see this beautiful home or any of the other homes on the market in the D.C. area, please contact Brandy at [email protected] or 571-263-0206.

8548-A Georgetown Pike McLean (Reduced $495,000)

Check out the rest of this week’s Luxury for Less listings:

The properties listed are a small selection of properties available in the Tyson’s Corner area. For a full list of properties listed on MLS and private exclusives, please contact Brandy Schantz.

0 Comments

This is a sponsored column by 3Summit Investment Management, LLC based in Vienna, VA. 3Summit designs custom, modern investment portfolios and has unique expertise in managing investment risk.

By Dan Irvine | Principal, 3Summit Investment Management

Many investors who have looked at their investment account recently are stunned by both the size of the losses they have experienced and how quickly those losses happened.

In late February, stock markets around the world descended into bear market territory (losses greater that 20%) in the shortest period in history. That is right, our markets declined to bear market territory faster than during the Great Depression!

Worst of all, conventional diversification techniques of holding stocks, bonds, and precious metals has not helped lessen the pain. The chart below shows the returns of different asset classes from their highs through March 23, 2020.

Asset Class Losses from Highs Through March 23, 2020

Chart Data: Source – Morningstar Direct. U.S. Bonds (AGG) from high 3/6/20. U.S. Stocks (SPY) from high 2/19/20. International Stocks (ACWX) from high 1/16/20. Gold (GC00) from high 2/24/20.

The only true safe haven in this market route has been cash. Investors often do not realize that conventional diversification usually fails during severe bear markets until they look at their investment account balances during times like these.

Lowering the Risk of Large Losses

If conventional diversification fails, what can an investor do to protect their portfolio against large losses in bear markets? The best solution is to add additional sources of diversification not found in conventional portfolios but actively used in modern portfolio design.

Investment strategies like trend following are designed to protect portfolios against rare events like we face today. Trend following strategies reduce the amount of stocks in a portfolio when markets begin generating large losses and start to trend down. Trend following strategies are a time-tested method to help avoid large portfolio losses, and they have been successful once again in this bear market.

Read More

0 Comments

This regularly-scheduled sponsored Q&A column is written by Val Sotillo, Northern Virginia-based Realtor and Falls Church resident. Please submit your questions to her via email for response in future columns. Enjoy!

Question: How has COVID-19 affected our real estate market so far?

Answer: I hope this column finds all of you healthy and safe. Many people who had planned to or needed to buy or sell their home this year are struggling with that decision during the wake of the COVID-19 pandemic. While I would like to give a straightforward answer, no one knows what is going to happen next because we’ve never been here before. All I can do is offer my perspective on what is happening right now.

What Is Happening In Our Market

As of today, real estate is included as an essential business, so realtors can continue to practice and assist in transactions. However, this is not “business as usual,” including the requirements that social distancing and preventive measures are essentially mandated.

Other service providers like lenders and title companies, are continuing their business operations. Many banks are going to remote and drive-through only operations. Title companies are likely taking precautionary measures as well and they might attempt to employ alternate procedures using mail, electronic means and/or a combination of these to meet their legal requirements.

Combining the reactions of my clients and clients of other local agents I’ve spoken with over the last few days, it seems that most buyers are staying the course with their purchase. This is a period of uncertainty, so financial situations are changing by the minute. While some might elect to sit it out, others will be looking for opportunities to take advantage of low interest rates.

I’ve been closely monitoring the Tysons market, and the number of new listings in the past weeks has not yet changed that much. Within 5 miles from Tysons, there were 113 new listings in the first week of March, 127 on the second week, and 100 new listings on the week of March 16 to the 22.

However, the graphic below provided by ShowingTime indicates the number of showings in Virginia has significantly dropped in the past week.

Read More

0 Comments

Laura Schwartz is a licensed Realtor in VA, D.C. and MD with McEnearney Associates in McLean. Reach the office at 703-790-9090.

It’s hard to believe, but agents are still out showing homes for now.

It looks a lot different: gloves, sanitizer, Clorox wipes, or maybe a FaceTime showing, but people are still buying and selling homes in Vienna. My company, McEnearney Associates, has cancelled all public and broker open houses for the remainder of the month (and probably longer), however individual showings are still happening.

In the past 10 days, as of this writing, there were 70 new properties listed for sale in all of Vienna (including a bunch that were listed as “coming soon”). During those 10 days, 34 homes have gone under contract.

Believe it or not, I think any impact on the housing market will be short lived, and it’ll mostly look like lower or paused inventory, especially if our state is put on shut down. Talks of a recession don’t resemble the housing market crash of 2008, mostly because most of the people who own a home right now, were actually qualified to buy it instead of the bad loans given out during 2005-2006.

Unemployment will certainly have an impact on mortgage, but there’s also talks of suspending mortgage payments for a year on Fannie or Freddie mac loans, so I don’t expect there to be a sudden influx of distressed properties when this is done.

My educated guess is that in May or June when we get the “mostly clear” to resume activities, you’ll see all of the homes that would have been listed during March/April hit the market at once. Our low inventory issue may suddenly be temporarily solved.

0 Comments

Open Houses: March 20

Three Stones Residential agents pride ourselves on our consultative service approach, local expertise and real estate market knowledge. With over 26 years of business experience in the DMV, we have consistently performed in the top 2% of local Realtors and are currently the #1 group at Keller Williams Metro Center. 

10501 Walter Thompson Drive, Vienna
7 BD/5.5 BA
Agent: Pearson Smith Realty Llc
Listed: $1,475,000
Open: Sunday 1-4 p.m.

 

9430 Delancey Drive, Vienna
4 BD/3 BA
Agent: Coldwell Banker Residential Brokerage
Listed: $889,000
Open: Sunday 1-4 p.m.

 

2901 Rensselaer Court, Vienna
4 BD/3.5 BA
Agent: Century 21 New Millennium
Listed: $629,000
Open: Saturday & Sunday 1-4 p.m.

 

7606 Leonard Drive, Falls Church
5 BD/5 BA
Agent: Kw Metro Center
Listed: $1,445,000
Open: Sunday 1-4 p.m.

 

3271 Blue Heron Drive, Falls Church
4 BD/2.5 BA
Agent: Long & Foster Real Estate, Inc
Listed: $630,000
Open: Sunday 1-4 p.m.

 

739 Ridge Drive, McLean
5 BD/3.5 BA
Agent: Central Properties, Llc
Listed: $1,342,000
Open: Friday 5-7 p.m. & Sunday 1-3 p.m.

 

1843 MacArthur Drive, McLean
4 BD/3 BA
Agent: Re/Max Allegiance
Listed: $875,000
Open: Sunday 2-4 p.m.

 

Our role is to offer sound advice and guidance to our clients in order for them to achieve their goals in either buying, selling, leasing or managing real estate. We are truly “Your Home… for Everything Real Estate.” To schedule a private showing of these or any other properties of interest please do not hesitate to contact us here or email us at [email protected].

0 Comments

Luxury for Less: March 18

Welcome to Luxury For Less, a weekly column highlighting the best deals in luxury real estate. Written by Brandy Schantz of TTR Sotheby’s International Realty, Luxury For Less offers tips and tricks navigating the competitive real estate market and securing the home of your dreams. To learn more, visit ttrsir.com.

The big news this week (other than COVID-19) is the Federal Reserve cutting rates to zero.

If you already own a home, you’ve probably called your local lender to refinance and if you’ve been considering buying, now is a great time to buy. Despite social distancing and the ongoing coronavirus pandemic, the spring market is still busy. As a matter of fact, there has been a sense that as the stock market continues to plummet, more investor money will be moved to real estate.

Keeping the low interest rates in mind, now is a great time to buy a beautiful home to quarantine in. This week’s feature is a brand new build home in Pimmit View. Featuring high ceilings, a spa-like master bathroom, gourmet kitchen, and over 5,500 square feet, this house is perfect for hunkering down. This home is also located in the coveted Marshall High School district. It truly has it all.

To see this beautiful home or any of the other homes on the market in the D.C. area, please contact Brandy at [email protected] or 571-263-0206.

7405 Lisle Avenue Falls Church (Reduced $30,000)

Check out the rest of this week’s Luxury for Less listings:

The properties listed are a small selection of properties available in the Tyson’s Corner area. For a full list of properties listed on MLS and private exclusives, please contact Brandy Schantz.

0 Comments

Laura Schwartz is a licensed Realtor in VA, D.C. and MD with McEnearney Associates in McLean. Reach the office at 703-790-9090.

I’m sure you’ve seen the suggested color coded daily schedule circling Facebook in an attempt to keep the kids on a learning path during this shutdown.

In reality, it’s probably more like the one that has a block for “iPad” every other hour. While I’m sure some days will be easier than others — thanks to the good weather we’ve been having — I have pulled together a list of resources you can use to help come up with teachable moments with your kids.

There are a bunch of companies giving away their resources for free this month so use them if you have access!

Here’s a longer list of free resources and another.

Hope you stay healthy, friends!

0 Comments
×

Subscribe to our mailing list