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Tom Conner

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Homes For Sale in Triangle, VA: 19005 Red Oak Lane

by Tom Conner

I'm pleased and excited to announce my latest listing at 19005 Red Oak Lane in Triangle, VA!  Welcome to fantastic single family home in the popular Barnette Forest community.  This wonderful 4 bedroom, 2 bath home features a 2 car garage, deck, patio, shed, fenced backyard, and a separate playroom/entertaining room!

As you enter this home, you’ll notice lots of fresh paint in the last year, and the owners have really taken care of this home!  Your entry is on the lower level, and the rec room is great for entertaining or romantic evenings around the beautiful woodburning fireplace!  You will find two bedrooms, both with ceiling fans on this level as well!  Rounding out the lower level is a full bath, as well as a laundry room.  Access to the garage is through the laundry room.  Beautiful Pergo flooring is also throughout this home!

On the main floor, you will love spaciousness of this home!  Whatever your lifestyle needs are, this home can accommodate them!  There is a spacious Living Room at the top of the stairs.  A Dining Room is great for formal entertaining, but when you see the Kitchen and Family Room, you’ll realize how great this home is for casual living.  The unique counter of the Kitchen makes a great breakfast bar, and the gas range is great for the gourmet chef!  You’ll see why you will probably be in this area of the home most of the time!

Rounding out the main level of the home are two more bedrooms and another full bath.  Access to the patio and outside play room is next to the Kitchen. 

The location of this home is great!  Just off Quantico Marine Corps Base, it is seconds from Rt. 1 and I-95.  Rt. 234 is also minutes away.  Plenty of shopping and restaurants are nearby, including the Potomac Mills Mall.  Numerous state and local parks are within minutes, as is the Potomac River.  Stafford, Fredericksburg and Woodbridge are just a very short drive.  With everything this home has to offer, it won’t last long!  Hurry!  Click here for more information!  Click here for a VIDEO tour.  MLS# PW8389594.  Offered at $295,000.

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 21 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

Real Estate Minute 6/24/2014

by Tom Conner

For the latest information on the Northern Virginia Market conditions, check out the Real Estate Minute!

 

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 21 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

Homes For Sale in Bristow, VA: 12324 Penzance Lane

by Tom Conner

I'm excited to announce my latest listing, located at 12324 Penzance Lane in Bristow, VA!  Welcome to this outstanding three level townhome in the popular community of Sheffield Manor!  This elegant home features a beautiful bay window on the front, and you’ll love the fully fenced rear yard.  Summer evenings are great on your spacious deck, as well as the lower level patio.    

Inside this 4 bedroom, 2 ½ bath home, you’ll be warmly greeted by a hardwood Foyer.  Be sure to notice the crown molding and chair rail on the main level.  A spacious Dining Room is immediately to your left, with hardwood flooring and a carpet inlay.  The center Kitchen offers lots of cabinet space with 42” oak cabinets, and has a side-by-side refrigerator, electric self-cleaning range, microwave and a dishwasher.  There is ample space for a breakfast table, and a pass through to the Living Room adds a convenient feature.  The huge Living Room is to the rear, and offers plenty of space for entertaining, and has a sliding glass door to the deck!

Upstairs, the Master Suite with vaulted ceilings will wow you!  It features a large walk-in closet and it’s own private Master Bath with upgraded ceramic tile flooring.  The hall bath features upgraded tile flooring, and two spacious bedrooms complete this level. 

Downstairs, a spacious rec room with ceramic tile flooring has a sliding glass door to the patio.  A spacious 4th bedroom/den makes a great home office.  The laundry is also on this level, and the unfinished area also features rough-in plumbing for a future bath. 

Sheffield Manor features a clubhouse, pool, tennis court, basketball court and a tot lot.  You will never be lacking for things to do in the community!     

Located close to I-66, Rt. 28, Rt. 29, the Prince William County Parkway, commuter bus lots and VRE, commuting options abound.  Plenty of shopping and numerous restaurants and parks are also just minutes away!  With all this, you’d better hurry because this home won’t last long!!!!  For more information about this home, click here.  For a VIDEO TOUR of this home, click here!  MLS#PW8381122.  Offered at $280,000. 

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 21 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

Homes For Rent in Gainesville, VA: 8954 Junco Court

by Tom Conner

I'm pleased to announce another great listing for rent!  Welcome to 8954 Junco Court in Gainesville!  This outstanding 5 bedroom, 4 ½ bath home is situated in a Cul de Sac and features a rear load 2 car garage!  An elegant exterior is just the beginning of the surprises and charm that this home holds!

Inside, you’ll be warmly greeted by hardwood floors throughout most of the main level.  The Living and Dining Room are perfect for formal entertaining, and a butler’s pantry helps organize your dinners.  The Kitchen offers a center island, 42” cabinets, gas cooktop, double oven and built-in microwave, as well as a large side-by-side refrigerator.  A spacious Breakfast Nook is adjacent to the Kitchen, and features a double-sided fireplace into the spacious Family Room! 

On the second floor, you’ll love the huge Master Suite with an oversized walk-in closet.  The luxurious Master Bath features separate vanities, a large soaking tub and separate shower and ceramic tile floors.  The three other bedrooms are all spacious and a convenient laundry room is also on this level.  The hall bath features ceramic tile floors.

On the third floor, a wonderful retreat with a loft, bedroom and full bath makes a perfect home office, Au Pair, teen or in-law suite!

The fully finished basement features a huge Rec Room great for the big game, a Den or Media Room, full bath and a spacious storage room.

This great home is located in the community of The Meadows at Morris Farm, featuring a pool, nature park, and trails.  It is convenient to I-66, Prince William County Parkway, Rt. 234, Rt. 28 and Rt. 29, and is minutes from the VRE and Manassas airport.  Shopping and numerous restaurants are all nearby as well! 

With everything this home has to offer, call today to schedule a private showing!  For more information, click here.  For a video tour, click here.  MLS# PW8323446.  Offered at $2,600/month.

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 21 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

National Housing Report For February Data

by Tom Conner

Here is the latest information on the national housing market from RE/MAX!  

RE/MAX National Housing Report
 
March 17, 2014
February 2014 HOUSING DATA
Volume 67
 
 
 
Weather, Inventory Push Home Sales Lower, Prices Higher

February home sales slowed in February, while prices increased by double digits over last year. The RE/MAX National Housing Report, a survey of MLS data in 52 metropolitan areas, found the February results to be nearly identical to January. Just like January, the median home price rose 11.6% compared to the same month in 2013, and is now at $180,450. Home sales dropped by 8.8%, compared to January’s year-to-year loss of 7.1%. Unusually harsh winter storms impacted appraisals, inspections and closings. Even though inventory losses have been shrinking, low inventories in many metro areas had a negative impact on sales. Even at the rate of February sales, the corresponding Months Supply of inventory of 5.1 isn’t significantly below the 6.0 level of a market balanced between buyers and sellers. When measured on a year-to-year basis, February became the 11th consecutive month with fewer inventory losses than the previous month.  
Year-Over-Year
 
 
 
"A combination of severe weather and low inventories appears to have slowed February home sales. The improving economy, increasing new-home construction and significant pent-up demand should all be critical factors as we move into the traditionally stronger sales months of spring and summer. Sales during these months will determine the overall picture for 2014."
                                                                                 Margaret Kelly, RE/MAX CEO
 
 
 
Transactions Year-Over-Year Change
 
In the 52 metro areas surveyed for the February report, home sales were down an average of 8.8% from February last year and remained roughly equivalent to January sales with just a 0.8% drop. February becomes only the third month in the last 32 months to experience a year-to-year sales decline. Although winter months normally record the lowest home sales of the year, unusually harsh weather disrupted numerous home sales in February. Of all 52 metro areas surveyed, 42 saw year-to-year sales decrease. Due to low inventories, many metros that saw the highest price increases also saw the largest drop in sales from last year.
HIGHEST SALES DECREASES 

Las Vegas, NV -22.0%
Detroit, MI -18.3%
Orlando, FL -15.9%
San Diego, CA -15.0%
San Francisco, CA -14.3%
 
Year-Over-Year
MEDIAN SALES PRICE
 
TOP CITIES REPORTING DOUBLE DIGIT INCREASES

Detroit, MI +35.8%
San Francisco, CA +25.0%
Las Vegas, NV +24.1%
Atlanta, GA +20.3%
Los Angeles, CA +19.3%
Orlando, FL +17.4%
The February RE/MAX National Housing Report found a Median Sales Price of $180,450, which was 4.3% higher than the Median Sales Price in January and 11.6% higher than the price seen in February last year. On a year-to-year basis, the Median Sales Price has now increased for 25 consecutive months. Low inventory has placed significant pressure on home prices throughout this period. Among the 52 metro areas surveyed, 44 reported higher sales prices than one year ago. Of those, 18 reported double-digit increases.
 
Days on Market
DAYS ON MARKET
 
For all homes sold in February, the average Days on Market was 80, which was 5 days more than the average in January, but 9 days less than the average in February 2013. February marks the 21st consecutive month with an average Days on Market below 90. The low Days on Market average is associated with continued high demand and a reduced inventory of homes for sale. Days on Market is the number of days between when a home is first listed in an MLS and when a sales contract is signed.
 
MONTHS SUPPLY OF INVENTORY
 
VERY LOW MONTHS SUPPLY

Denver, CO 0.8
San Francisco, CA 1.3
Los Angeles, CA 2.5
San Diego, CA 2.5
Houston, TX 2.6
Boston, MA 2.7
Washington, DC 2.7
The national real estate market continues to be characterized by a low supply of homes for sale. However, year-to-year inventory losses continue to shrink. The inventory of homes for sale in February was just 2.4% less than January and 9.8% less than last February, when the year-to-year inventory loss was 29.2%. At the current rate of sales, there is a 5.1 Months Supply of inventory.
A supply of 6.0 is considered balanced.
Year-Over-Year
 
 
 
 
About The RE/MAX Network

RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 90,000 agents provide RE/MAX a global reach of more than 90 countries.

RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, is a subsidiary of RE/MAX Holdings, Inc. (NYSE:RMAX).

With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $130 million for Children's Miracle Network Hospitals®, Susan G. Komen® and other charities.



 
 

 
The RE/MAX National Housing Report is distributed each month on or about the 15th. The first Report was distributed in August 2008. The Report is based on MLS data in approximately 52 metropolitan areas, includes all residential property types, and is not annualized.

For maximum representation, many of the largest metro areas in the country are represented, and an attempt is made to include at least one metro from each state. Metro area definitions include the specific counties established by the U.S. Government's Office of Management and Budget, with some exceptions.

Transactions are the total number of closed residential transactions during the given month. Month's Supply of Inventory is the total number of residential properties listed for sale at the end of the month (current inventory) divided by the number of sales contracts signed (pended) during the month. Where "pended" data is unavailable, this calculation is made using closed transactions. Days on Market is the number of days that pass from the time a property is listed until the property goes under contract for all residential properties sold during the month. Median Sales Price is the median price of all residential properties sold during the month.

MLS data is provided by contracted data aggregators, RE/MAX brokerages and regional offices. While MLS data is believed to be accurate, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Every month the RE/MAX National Housing Report re-calculates the previous period's data to ensure accuracy over time. All raw data remains the intellectual property of each local MLS organization.

Each office is independently owned and operated.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 21 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

Homes For Sale In Lorton, VA: 8318 Bluebird Way

by Tom Conner

I'm pleased to announce my latest listing, located at 8318 Bluebird Way in Lorton!  Welcome to this incredible townhome condo in the popular community of The Gables at Gunston Condo!  This great floorplan offers the most space for the least money in the convenient community of Lorton!  As you arrive home, you’ll be greeted by a spacious front porch and elegant brick front.  

Inside this light and bright 3 bedroom, 2 ½ bath home, you’ll be impressed with all of the recent renovations this home has.  As you enter into the Foyer, you’ll be warmly greeted by 12 X 12 ceramic tile.  The spacious Living Room is before you, and it features a box bay window and a 2 sided woodburning fireplace with a slate hearth and surround.  The spacious eat-in Kitchen has been completely renovated with new cabinets, granite countertops, ceramic tile flooring and new appliances!  A Powder Room features brass fixtures and a pedestal sink. 

Upstairs, the second floor offers two spacious bedrooms.  A hall bath, linen closet and a utility/laundry room round out this level.   

You are in for a real treat on the third floor!  The entire third floor is the HUGE Master Suite.  It offers a gigantic walk-in closet, as well as it’s own private Master Bath.  The Master Bath features a huge soaking tub, separate shower, double bowl vanities and ceramic tile flooring! 

You’ll love living at the Gables at Gunston Condo!  Enjoy the pool in the summertime, and the fitness center after a long day’s work!  Located seconds to I-95, Rt. 1, Rt. 123, commuter bus lots and VRE as well as bus service just steps away, commuting options abound.  Plenty of shopping and numerous restaurants and parks are also within minutes, as well as the Lorton Town Center!  With all this, you’d better hurry because this home won’t last long!!!!  For more information, click here!  MLS#FX8297759.  Offered at $285,000.

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 21 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

Homes For Rent In Centreville, VA: 6170 Strasburg Drive

by Tom Conner

I'm excited to announce my newest listing for rent in Centreville at 6170 Strasburg Drive!  Welcome to this renovated and gorgeous 2 bedroom, 1 ½ bath townhomes in the popular community of The Meadows in Centreville, VA.  You’ll love the fantastic location, near Rt. 29, Rt. 28, I-66 and the Fairfax County Parkway.  Numerous restaurants and plenty of shopping is just one minute away!

Inside this home, you’ll notice the ceramic tile flooring in the Foyer, Kitchen and Powder Room, as well as the Pergo flooring in the Living and Dining Rooms.  The crown molding, chair railing and shadow box trim throughout is very impressive.  The renovated Kitchen has new appliances, granite counters and new cabinets!  A convenient washer/dryer is also located in the Kitchen.

Upstairs, the Master Bedroom features not only a wall of closets, but also a walk-in closet, and a ceiling fan with light.  The second bedroom is also spacious, and a renovated full bath with ceramic tile rounds out the second floor.

This is an incredible opportunity to rent in a great location.  Hurry, it won’t last!  For a video tour of this home, click here!  MLS# FX8278890.  Offered at $1,450/month.

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 21 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

 

Homes For Sale In Catlett, VA: 10572 Shenandoah Path

by Tom Conner

I'm pleased to announce my latest listing at 10572 Shenandoah Path in Catlett, VA!  This fantastic contemporary home is situated on almost 18 acres!  This property offers so much, you’ll feel like you are in a resort when you are home!  You’ll enjoy the beautiful patio with a gorgeous pool, and you will feel close to nature surrounded by the trees.  Yet you have ample yardspace for all sorts of summertime fun as well, and you’ll enjoy morning coffee on your rooftop deck!  The property also features a large workshop with power and space for 4 or more cars, 2 additional sheds and a poolhouse.    

Inside this light and bright 3 bedroom, 4 full bath home, you’ll love the way this home is designed for casual living.  You’ll notice how well this home has been maintained, as well as the many recent updates in it.  Ceramic tile floors greet you in the Foyer and continue into the Kitchen. You’ll note the spacious formal Dining Room to the right, featuring an abundance of windows and light.  The Kitchen features granite countertops and new appliances, and a breakfast bar adjacent to the spectacular great room.  The huge great room has a woodburning fireplace insert, and is perfect for casual living.  It’s a rare find today!  Rounding out the first floor is a full bath and a laundry room, as well as a 2 car garage.

On the first level upstairs, you will find two spacious bedrooms, both with ceiling fans and lights.  One bedroom even offers a walk-out to the rooftop deck.  A full bath and ample storage space round out this level.

You’re in for a real treat on the third level.  The Master Suite features direct access to the rooftop deck, his and hers walk-in closets, ceiling fan with light, and a special surprise…  his and hers master baths!  Both feature ceramic tile flooring, and one has a full tub/shower, while the other features a shower. 

Don’t delay, this property will not last long!  Hurry!  For a video tour, click here.  For more information on this home, click here.  MLS# FQ8275281.  Offered at $475,000.

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 21 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

Homes For Sale In Bristow, VA: 9718 Granary Place

by Tom Conner

I'm excited to announce my latest listing at 9718 Granary Place in Bristow, VA!  Welcome to this outstanding colonial with a contemporary flair in the popular community of Braemar!  This elegant home features a brick front and two car garage on a ¼ acre homesite.  You’ll love summer evenings on your huge two-tier deck, as well as the backyard with a privacy fence.  Watering the lawn is a breeze with the irrigation system.  However, this is only the beginning of its charm!  

Inside this light and bright 4 bedroom, 2 ½ bath home, you’ll be impressed with all of the bells and whistles this home has, as well as how well it has been maintained and updated.  A Library is to your left, and large Living and Dining Rooms are to your right.  They are great for formal entertaining!  A bay window adds to the space and light in the Dining Room.  The spacious Kitchen features ample counter space with a center island, gorgeous granite countertops, custom updated cabinet fronts, side by side refrigerator, microwave, smooth surface range and a dishwasher.  The HUGE Family Room is great for casual entertaining and features a gas fireplace with marble surround and wood mantle.  You’ll love the new faucets throughout, as well as the “mission style” lighting.  You’ll also notice the security system and intercom system, among the many features in this home.

Upstairs, the Master Suite offers a ceiling fan, his and hers walk-in closets, and an incredible Master Bath with separate shower and tub, separate double bowl vanities and ceramic tile floor.  The 3 secondary bedrooms are all spacious, each with ceiling fans.  A hall bath with ceramic tile flooring and double vanities rounds out the second floor.

Downstairs, while the basement is unfinished, it has been improved with studs and wiring.  You can easily finish it for more space and also complete the bath rough-in. 

Located close to I-66, Rt. 28, Rt. 29, the Prince William County Parkway, commuter bus lots and VRE, commuting options abound.  Plenty of shopping and numerous restaurants and parks are also just minutes away!  With all this, you’d better hurry because this home won’t last long!!!!  For more information about this property, click here.  For a VIDEO tour, click here.  MLS#PW8254456  Offered at $440,000.  

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 20 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

Tom's 2014 Real Estate Predictions

by Tom Conner

Happy New Year!  I would like to take this opportunity to thank everyone we have done business with and everyone who referred us business in 2013.  It was a record year for us, and we helped 69 families buy, sell, or rent a home.  We could not do this without all of the wonderful referrals we receive from current and past clients, as well as people that know our business and work ethics!  THANK YOU!!  I hope everyone has a prosperous 2014!

I am often asked what I think is going to happen in the real estate market.  My usual answer is that if I had a crystal ball, I would be retired and living on a beach somewhere by now!  Having said that, I can usually give a pretty realistic picture of where things are going.  The good news is 2014 looks like it will be a good year for the NOVA real estate market!  And I say that with facts to back it up. 

I recently attended a meeting where Dr. Stephen Fuller spoke.  Among other things, Dr. Fuller is the Director of the Center for Regional Analysis for George Mason University.  He had some very interesting information to share with us, and since the housing market often goes the way of the economy, we need to look at that first. 

Beginning at the national level, we see a predicted Gross Domestic Product ranging from 2% to 4% for 2014 and 2015, which on average is higher than we have seen the last 3 years.  We also see good job growth in all major employment categories from Oct 2012 to Oct 2013 except for the Federal Government, which shrunk.  We have seen unemployment claims steadily fall as well, to 7.3% in Oct 2013.  This is predicted to fall to 6.4% in 2015. 

Interest rates are predicted to remain somewhat steady for 2014, with small increases, but are predicted to be over 5% in 2015 (30 year fixed rate).  They are predicted to increase to more normal rates in 2016 and 2017, which would be in the 6% range (Still low, historically speaking). 

Housing sales (New starts plus existing sales) are predicted to be 6.56 million in 2014 and 7.2 million in 2015.  For reference, we ended 2013 with just over 6 million units (estimated).  2012 had 5.44 million units sold.

What most affects our area, however, are the Washington area statistics.  Northern Virginia continually outperforms the region.  We have the lowest unemployment, at 4.4%.  For job growth over the next few years, NOVA is also predicted to outperform MD by almost twice, and DC by about 4 times.  NOVA continues to have a disproportionate share of the Gross Regional Product, at about 47.2%.  (This is NOVA, DC (23.8%)and Suburban MD (28.6%).)   

Several things struck me regarding the job information I studied.  The first thing is that the federal government is contracting and losing jobs.  I know that is hard to believe.  Some job loss is due to retirements, and the jobs are not being replaced.  And some jobs are becoming contractors. 

The second thing that struck me, more importantly, was the jobs by income classification.  The classifications are lower wage, mid-wage and higher wage jobs.  During the recession of 2008-2009, a little over 20,000 lower wage jobs were lost.  Since 2010, just over 60,000 of these jobs have been created for a great net effect. 

Mid-wage lost almost 45,000 jobs during the recession, but have had just under 20,000 created since 2010.  This is not good.

Interestingly, higher wage jobs increased by just over 20,000 during the recession, and have since added over 40,000 more. 

What I think this all means for the real estate market is that NOVA will probably have another year of low inventory.  I think we will have a number of buyers taking advantage of the interest rates before they go higher.  While this is all positive, I think that we will see micromarkets continue outperform or underperform the market.  This means that some zip codes, and even neighborhoods, may lose value, while others may soar.  I believe that overall prices will increase, although there may be some lulls throughout the year.  Overall, I believe we will be in for another strong market. 

Conversely, with houses selling and renters becoming homebuyers, I see the rental market softening a bit.  I have been seeing, and believe we will continue to see, homes taking longer to rent, with prices softening in some areas, but not all. 

If you would like to learn more about your specific neighborhood or discuss your real estate needs, please feel free to give me a call at 703-599-7127, or visit me at TomConner.com.  We are here to help in any way we can.

Tom Conner is an Associate Broker with RE/MAX Gateway, licensed in Virginia, and President of Kartobon Property Management, LLC.  He has been in the real estate business for over 20 years as a top performer in any role he has been in.  He began his career in New Home Sales, becoming Sales Representative of the Year for his division selling new homes.  He advanced his way into management until he became Vice President of Sales and Marketing.  In 2001, he began his career in the resale market, quickly becoming a top producer again.  He was offered a position as Executive Vice President of a real estate firm in 2006, and he assumed a management role again.  Tom realized he loves working for himself and working one on one with clients, and has again returned to sales.  He helps his clients with all of their real estate needs in the Northern Virginia area, from buying, selling, and renting homes to professional property management.  His office is RE/MAX Gateway at 7521 Virginia Oaks Drive, Suite 100  Gainesville, VA  20155.  Tom can be reached at 703-599-7127 or by email at Tom@tomconner.com, or visit him on the web at www.tomconner.com.

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Tom Conner
RE/MAX Gateway
7521 Virginia Oaks Drive, Suite 100
Gainesville VA 20155
703-599-7127
888-228-4221
Fax: 888-228-4221