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The Bee’s Knees of Market Listings

May 4, 2016 Lifestyle, Real Estate Comments Off on The Bee’s Knees of Market Listings
The Bee’s Knees Of Market Listings-1

By Hannah Hager

Congratulations—we have found the perfect home for you in the knick of time for summer. This colonial on the edge of Purcellville is the bee’s knees of market listings — you’ll know what we mean at first sight of its yellow facade.
Warm weather is upon us and this sunny home is made for you to enjoy it. It’s not just the multitude of windows, including five dormers, or the deep-seated, wrap-around porch at which you’ll salivate over the wood and stone finishings. No, you’ll barely be able to keep the kids and guests indoors once you follow the winding porch to overlook the patio and the grandly-appointed swimming pool and spa hot tub below. Bring along your friends of the four-legged variety, too, as dogs, cats and horses alike will find a place to enjoy grazing amongst the barn, stables and pastures beyond. … Continue Reading

Dare To Be Different in Bluemont

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By Hannah Hager

It’s not easy to have it all. Most families have an idea in their mind of what the perfect home looks like and where it is located. Not all of them would choose a weathered-wood home surrounded by thick forest. But, you’re not them. You’re you – and you’re the kind of family who dares to be different. … Continue Reading

New Insights

June 4, 2013 Columns Comments Off on New Insights
Carl Fischer headshot

By Carl Fischer

I was recently invited to attend the National Association of Realtors mid-year conference held at the Washington Hilton on Connecticut Avenue as a panelist. It was an invitation-only “Masters of the Market” group consisting of some of the most forward thinking and highly productive real estate brokers in North America. Most were former Howard Brinton “StarPower” honorees, as I was, and for me, it was like “old home” week.

I’m telling you all of that to tell you this: The real estate market, as we all know, has changed dramatically over the past five years. We all knew it would, but it has been a challenge for even full-time top-producing professionals to keep up.

In the two-and-a-half hours we shared, the social exchanges lasted for just a few minutes and rolled into unending flood of new and useful information. One which stood out in my mind as particularly important I describe below. … Continue Reading

Real Estate Ticker – April

April 2, 2013 Columns Comments Off on Real Estate Ticker – April
Carl Fischer headshot

I’m writing this article from the new Omni Hotel in downtown Fort Worth, Texas…
while attending United Country’s Annual Convention being held this year in Forth Worth Texas. It’s an interesting contrast with the familiar universe of Northern Virginia market activity. While back home we are dealing with the still-too-early-to-predict consequences of the sequester, the Fort Worth area is experiencing an explosion in growth, price recovery, and new construction, of both single-family and multifamily houses. The median price here has increased from $155,000 a year ago, to $168,900 today. Their listing inventory declined from 3131 a year ago to 2223 today. Now THAT is a recovery!

Locally, residential resale prices are holding on, but not accelerating as I anticipated…
Month-over-month rate of sales fell off this past month in both sales volume as well as number of sales, but were still higher than the same month last year. According to the MRIS, the active number of listings is down from 1,287 to 1,040 compared to the same month last year. The number of new contracts was off 10.6 percent for the same period in 2012. … Continue Reading

Tiptoeing Towards the “Spring Market”

March 9, 2013 Columns Comments Off on Tiptoeing Towards the “Spring Market”
Carl Fischer headshot

If you are having difficulty understanding what our real estate market will actually look like as we move into warmer weather, don’t feel alone; so do I. It’s true that there continues to be a sense of “cautious optimism” when it comes to our economy in general, but speaking with folks dropping by my office or calling, there is still a very pronounced air of caution in everyone’s comments.

Residential resale prices are showing some improvement…

However, the month-over-month rate of sales fell off dramatically this past month, though they were still higher than the same month last year. According to the MRIS, the active number of listings is down from 1,282 to 1,005, compared to the same month last year. The number of new contracts was up 4.96 percent for the same period. … Continue Reading

Holiday Season Softening in the Residential Market….

January 9, 2013 Columns Comments Off on Holiday Season Softening in the Residential Market….
Carl Fischer headshot

As is often customary this time of year, most market metrics fell in the month of October. Total sales volume was down 8.5 percent compared to last month, but still, year over year we were up a whopping 38 percent. Days on Market (DOM) continues to decline, which is a great litmus test for pent-up demand.

The ratio of SOLD prices to list, or “asking” prices continues to improve. Inventory of homes available for sale is still shrinking, down nearly 16 percent compared to this month last year.

Here’s a look at Loudoun numbers for September from MRIS

FHA on the move

One area of interest that jumped at me this month was a series of articles I ran across focused on imminent changes in process that will have a real impact on buyers of affordable homes in this area. … Continue Reading

Holiday Season Softening in the Residential Market

December 5, 2012 Columns Comments Off on Holiday Season Softening in the Residential Market
Carl Fischer headshot

As is often customary this time of year, most market metrics fell in the month of October. Total sales volume was down 8.5 percent compared to last month, but still, year over year we were up a whopping 38 percent. Days on Market (DOM) continues to decline, which is a great litmus test for pent-up demand.

The ratio of SOLD prices to list, or “asking” prices continues to improve. Inventory of homes available for sale is still shrinking, down nearly 16 percent compared to this month last year.

A look at Loudoun numbers for September from MRIS:

… Continue Reading

Residential Market Continues to Move Up

November 7, 2012 Uncategorized Comments Off on Residential Market Continues to Move Up
Carl Fischer headshot

By Carl Fischer

Though lead traffic seemed to fall off a bit in August and September (a typical “summer doldrums” phenomena), there was sufficient sales activity to keep the buying spree moving forward. Month-over-month activity dropped 11.7 percent, but year-over-year, we are still up 22.6 percent.

One key indicator is the continued rise in average sold price as well as the ongoing drop in days-on-market. Inventory of homes available for sale is still shrinking.
A look at Loudoun numbers for September from MRIS appears above …

Buyer’s advantage is beginning to wane …

As prices begin to creep up, and they are, the unique advantage buyers have enjoyed for some time is slowing beginning to slide away. Homes that sold in April and May of this year for $350,000, are now going to contract at $365,000-$370,000. Same house; different market! … Continue Reading

Roth IRA Conversions: Opportunities and Deadlines

October 3, 2012 Amy and Dan Smith, Columns Comments Off on Roth IRA Conversions: Opportunities and Deadlines
Amy Smith-BRL

By Amy Smith

Potential increase in federal income tax may make 2012 Roth conversions attractive.

When you convert a traditional IRA to a Roth IRA, the conversion is generally taxed as ordinary income (except for any after-tax, non-deductible contributions you’ve made). With the “Bush tax cuts” set to expire at the end of 2012, federal income tax rates will jump up in 2013. Unless Congress acts, we’ll go from six federal tax brackets (15, 25, 28, 33, and 35 percent) to five (15, 28, 31, 36, and 39.6 percent).

While there continues to be discussion about extending the expiring tax cuts, many believe there’s little chance of resolution until after the November election.

While no one can predict what Congress will ultimately do (or not do), 2012 may present an opportunity to convert a traditional IRA to a Roth IRA at a potentially lower tax cost than if you wait until 2013. … Continue Reading

Housing: The “Up” Side of this “Down” Market

September 5, 2012 Columns Comments Off on Housing: The “Up” Side of this “Down” Market
Carl Fischer headshot

By Carl Fischer

In the past two months, the housing market has seen a traditional reduction in residential sales activity through the heat of the summer. In the summer months, many families have more pressing demands on their time, be it for vacations, travel, or simply family get-togethers both near and far.
During this period, the national press continues to document the case for a very slow, erratic recovery in both house prices and consumer confidence. And these facts are hard to ignore. But there’s one aspect to what has happened in the past five years that seems to escape the focus of the press: How about the incredible opportunities this down market has presented to those who can take advantage of the ‘now’?

For those owners who are buried, or up-side down in their present ownership situation, and who agonize daily about their loss of equity as house prices have continued to erode, it feels like there’s very little to be done but just wait this recovery out. … Continue Reading

Agency law in Virginia has changed… Part II

July 31, 2012 Lifestyle, Real Estate Comments Off on Agency law in Virginia has changed… Part II
Carl Fischer headshot

By Carl Fischer

July 1, 2012 has now passed, and the new regulations put in place by the Virginia Real Estate Board (VREB) and through it’s licensing and oversight arm, the Department of Professional and Occupational Regulation (DPOR) are now the law of the land.

So from this date forward, when you engage for the first time ANY licensed real estate agent or broker here in the Commonwealth of Virginia, be prepared to declare how you would like him to provide services for you. You have three choices:

  1. As a STANDARD AGENT, who has the normal and usual responsibilities to represent you as in the past. But he may also have additional duties which you and he must agree to, in writing, or
  2. As a LIMITED SERVICE AGENT, (formerly a limited service representative), who acts for or represents a client with respect to real property containing from one to four residential units, pursuant to a brokerage agreement that specifies that he will NOT PROVIDE one or more of the duties set forth in a specific list itemizing such services, or
  3. As an INDEPENDENT CONTRACTOR, whose role in NOT that of an agent, but may be referred to as a “transaction broker”, among other terms. In this capacity, the service you barter for (and agree to) is best characterized as a third-party facilitator whose job it is to seek agreement between the parties so as to achieve the goal of the client (you). The standards and duties of the agent in this capacity is far more limited on your behalf than either of the other two.

… Continue Reading

Local Housing “Trends” Are Still Very Fragile

June 6, 2012 Columns Comments Off on Local Housing “Trends” Are Still Very Fragile
Carl Fischer headshot

By Carl Fischer

For some time now, I have reported specific observations that have lead me to believe that our local residential housing market is “bottoming out”. And I have no reason at present to believe that trend in not continuing. But every erratic day on the S&P or DOW sends reverberations down my spine. And it drives buyers back into a fetal position bracing themselves for “what comes next”.

It’s not that a majority of our neighbors are necessarily heavily invested in the the stock market, but I think a very high percentage see these indicators as bellwethers for a larger trend in the regional and national economy. And we’ve all been so numbed by this seemingly endless “Great Recession”, that any observation whatever of present uncertainty feels like an aftershock to a bad earthquake, amplified by our worst fears. … Continue Reading

The Builder’s Wife

June 6, 2012 Lifestyle, Real Estate Comments Off on The Builder’s Wife
SONY DSC

By Cathy Little

Smart Homes
When we attend the builders’ shows, some of my favorite displays are the “smart” home vendors. The capabilities they promise evoke visions of a house that the Jetsons would be at home in – integrated control of lighting, heating, sound, security, etc., all at your fingertips.

Our clients have taken advantage of various aspects of this technology. However, you don’t have to build a new home to put this luxury to use. The best part about a smart home is that the various options can be integrated and managed through an LCD console user interface in your kitchen or better yet, remotely from your smartphone. … Continue Reading


 

 

 

 

 

 

 

Columns

Human Fingerprints on Climate Change

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Presented to the Loudoun County Board of Supervisors – June 23, 2016 Recently I was asked whether humanity’s fossil fuel use was the cause of the current global warming. This is a good question and I’m not surprised that there …

Ice house, Hot House and Mad House

noerpel_new

Recently, I was asked: “I know we are putting carbon dioxide into the atmosphere and scientists say that will warm the planet but there were also ice ages and warmer climates in the past before humans so what caused those …

Sugar Crash

Lunde new

Sugar runs inside our body and fuels our very being. In biology they teach us that sugar is really glucose which is broken down in the body to produce ATP (adenine tri-phosphate). So why bring this up? Well, sugar is …

The Art of Memory

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By Samuel Moore-Sobel Still Alice. A movie that not only elicits tears, but naturally incurs reflection. This heartrending movie was the starting point of a personal wrestling with the implications of human memory. Remembering can bring us back to a …

Living in Debt

Michael_Pic

Dr. Mike, My husband has issues with money that are hurting our relationship and family. He makes a lot of money, but he spends more than he makes and we are in debt. He can’t just have a luxury car, …

June in the Garden

juneingarden flowers

Conserve Water, Beat the Heat and Keep Things Blooming By Andrea Gaines It’s getting hot out there. And, there’s nothing more discouraging for a gardener that to come home after a weekend away – or miss a regular watering schedule …

Editorial

Grief and Greed

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By Matthew Parse What would drive a single individual to cause so much emotional stress and financial burden on hundreds, if not, thousands of families? What would drive the Town …

Op-ed

Oh No, It’s the Christians!

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By Nicholas Reid In the hours and days following every massacre perpetrated by radical Muslims, there is one unifying theme across most news coverage of the massacre, wherever it may …

Dear Editor

Thank You

nedimogelman

It is with great anticipation that I look forward to Monday, June 27, 2016. On that day new Purcellville Town Council members will be sworn into office, at Town Hall. …

View From the Ridge

An Open Letter to the Citizens of Purcellville

blueridge2

Mark Your Calendar, They’ve Asked for Our Input So Let’s Give It To Them By Steady and Nobull The Purcellville Planning Commission has tentatively scheduled a series of public input …

Student News

Four Scouts Achieve Eagle Scout Rank

3 Feb 2016

eaglescout

Joel Gicker, Kyle Siecker, Sam Soltis and David Watson achieved the rank of Eagle Scout at a Court of Honor conducted at Blue Ridge Bible Church in Purcellville on January 9. The four Eagles are members of Troop 711 of …

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8th Grade Writers Honored At Blue Ridge Middle School

2 Jul 2015

blueridgemiddleschool

Sixty-seven Blue Ridge Middle School eighth graders have been honored for their writing during the 2014-2015 school year. Many students had their writing selected for publication by Creative Communication, a program for student writers, while others won county-wide writing contests. …

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Ben Kellogg Achieves Eagle Scout

1 Jul 2015

benkellog

Benjamin Robert Kellogg achieved the rank of Eagle Scout at a Court of Honor conducted at St. Andrew’s Presbyterian Church in Purcellville on March 29. Friends, family and troop leaders attended the celebration, including his parents, Robert and Deirdre Kellogg. …

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Calendar

June 2016
M T W T F S S
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Sea & Sky – an exhibit by copper artist Anne Jordan and mixed media artist Karen Watson

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Sea & Sky – an exhibit by copper artist Anne Jordan and mixed media artist Karen Watson

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

Free Gardening Lecture

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

Yard Sale

Notaviva Vineyards - Bluegrass Jam - FREE event

PAUL REISLER TRIO WITH LEA MORRIS AND MARSHALL KEYS

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

19th Annual Cajun Festival & Crawfish Boil

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

Goats at BRNP

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

Bring Dad to North Gate Vineyard

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

June Fourth Friday at Breaux Vineyards

Love, He Called It

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

Love, He Called It

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

Sip & Paint at Breaux Vineyards

Love, He Called It

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

29

It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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It’s a Beach Thing . . . featuring lamp-work glass artist Julie Bahun and abstract painter Karen Hutchison

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Dancing Through Color

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Dancing Through Color

Notaviva Vineyards - Bluegrass Jam - FREE event

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Dancing Through Color

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Lifestyle

Rummage Sale Trailers Open July 9

27 Jun 2016

rummage_sale

78th Annual Ladies Board Rummage Sale Ready For Donations The Ladies Board of Inova Loudoun Hospital is officially accepting donations for the annual Rummage Sale. The first Donation Day of the summer will be on Saturday, July 9 from 9:00 a.m. to 1:00 p.m. at Inova Loudoun Hospital, 44045 Riverside Parkway, Leesburg, and at Inova Loudoun Medical Campus – Leesburg, …

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Troy and Paula Haag Perform at Old Stone School

9 Jun 2016

troy and paula haag 1a

Troy and Paula Haag, will appear on The Gap Stage at the Old Stone School on Saturday, June 18. Tickets are $15 in advance and $20 at the door. Dinner will be sold by Big Mike’s BBQ, drinks will be sold by the glass, and there will be desserts at intermission. Troy and Paula will be joined by Max Haag …

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Here’s To the Colorists, Manicurists and Blow Dry Mavens… Thanks for Listening!

1 Jun 2016

hair color

Sunday, June 26 is Beauticians Day, celebrating the cosmetology and other experts who keep us looking and feeling our best – whether it’s with a haircut and style, a facial, a manicure, or just some quiet and light conversation.

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Around Virginia

HUD Awards $2 Million in Housing Counseling Grants To Virginia

Kaine

Sens. Mark R. Warner and Tim Kaine (both D-VA) announced today that Catholic Charities USA, headquartered in Alexandria, will receive $951,150 in federal funding, and the Virginia Housing Development Authority, located in Richmond, will receive $1,040,918. This nearly $2 million grant by the Department of Housing and Urban Development (HUD) …

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Four Hop, Skip and a Jump Local Destinations

morven

Last month we encouraged our readers to consider visiting any one of five great destinations within just a stone’s throw of Loudoun’s history-lined borders – Berryville and Harper’s Ferry among them. This month we feature four destinations – two right here in our much-celebrated county, and two just over the …

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Out and About Loudoun and Beyond

The Plains’ charming restaurants, shops and sidewalks.

Five Stone’s Throw Spring and Summer Destinations By Andrea Gaines Bordered by the Potomac River to the north and beautiful mountains to the west – and with easy access to Rt. 95, the Dulles Toll Road and Route 66 – Loudouners have no short list of fun spring places to …

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Sports

The Lady Vikings Earned Back-to Back Conference Title

1 Jun 2016

lvhs

The Lady Vikings earned the back-to back conference title with a 4-1 win over Heritage in late May. The team earned a first round playoff bye finishing first in the conference and then went on to defeat Rock Ridge 12-0 in the conference semi-finals. The Lady Vikings ended their regular …

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Big Baseball Coming To Fireman’s Field

1 Jun 2016

purcellville cannons

Got Your Father’s Day Gift Lined Up Yet? The Purcellville Cannons’ Brett Fuller couldn’t be happier. He’s the owner of one of the most popular teams in the Valley Baseball League. The team, up until recently was called the Charles Town Cannons but now calls Purcellville its home.

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