Some Thoughts from Realtor, David Houghtaling

As a Realtor with Weichert Realtors, I make sure that you home or land, for sale or rent, is exposed to ALL real estate professionals through the Multiple Listing Service (MLS).  Our regional MLS was enlarged for everyone's benefit to now cover much more than the Washington, DC Metropolitan Area.  Our map now looks like this.

What's this mean to you?  You can search for land and homes, sale or rent, through my app -- homeASAP/DavidHoughtaling from Harrisburg (PA) to Harrisonburg (VA).

But, to avoid confusion with MLS numbers we have been using, now all listings have a traditional and new Bright number.  Unfortunately, some of the public internet sites use one number or the other.

My HomeASAP/DavidHoughtaling App will continue to use the Traditional MLS Number and Address

  • Realtor.com only lets you search listings using the new Bright MLS number.

  • Homesnap allows you to search by MLS number and uses the new Bright MLS number for Central Pennsylvania only. You should continue to use the Traditional MLS Number

  • Zillow, Trulia and Homes.com do not use MLS numbers for search.

I will be providing both numbers and of course continue to provide property addresses.  Call, text or email me any time for assistance or questions.  703-220-0406

Posted in:General
Posted by David Houghtaling on January 5th, 2018 8:04 AM

Just a reminder, particularly for those living in Reston, the Reston Community Center in Hunters Wood Plaza has an indoor pool.  Your RA pool/tennis pass doesn't cover it, but their fees are nominal.  Check out the pool calendar and charges here:  http://www.restoncommunitycenter.com/swim/pool-hours

Posted in:General
Posted by David Houghtaling on December 28th, 2017 10:16 AM

The title is from Richard Carlson's 1997 little book, "Don't Worry, Make Money" and the gist is that marketing differently can have make what we do to promote our listings stand out.  In the past few days I have heard from 4 people from West Virginia to Connecticut who received my postcard.  So far that is 4 out of 852 and because I sent them postal bulk rate (29¢ instead of 49¢ each), folks with TX, CA, and AK addresses may not get them for a while.

3 of the 4 are interested in hiring me.  The 4th already had signed with someone else.  But why me?

Timing is possible.  So is my filling a recognized need.  So are several other reasons, but my promise to my clients when I am hired to represent them includes trying out of the ordinary approaches.  If I can get buyers or sellers to take a look at my offering when there is so much competition for their attention, you and I both succeed. 

Would you like to talk to me about how my ideas might help you?

Posted in:General
Posted by David Houghtaling on December 27th, 2017 2:34 PM


Buying a Home During a Northern Virginia Winter

Being someone who grew up in the Capital District of New York, I happily can say that winter generally starts 3-4 weeks later and ends 3-4 weeks later than in my hometown!  But, we still get some pretty cold days and nights and see seasons with just a few inches of snow and storms of 18" on occasion.

So why would anyone want to buy a home during January or February?  Here's my basic list.

1.  You need to buy because you are relocating here, or you have been renting and your landlord plans to sell. 

2.  You just got married and your new spouse doesn't want to live in a studio apartment.

3.  You are merging two families and you need a place with more bedrooms.

OK, there are others like,

4.  Conducting a home search during the winter you are facing less competition with other buyers meaning you may not have a bidding situation could end up paying less.

5.  For buyers utilizing zero or low down payments, sellers may accept your contract offer more readily.

6.  Interest rates are still low and future rates are unpredictable.

7.  Transaction support people like lenders, home inspectors, etc. are more readily available to assist because they have few transactions in the works.  And yes, even my schedule is more flexible these months.

So, this is a good time for us to start talking.  Perhaps connect you with a lender to discuss loan possibilities and perhaps you'll be moving into your new home as winter is ending and your friends are just getting started!

Please call, text or email me.  You have nothing to lose and probably a lot to gain!
Posted in:General
Posted by David Houghtaling on December 21st, 2017 2:56 PM

There is still time to help us put a Smile on a Child's Face with our 2017 Toy Drive.  We're collecting new, unwrapped toys for elementary-aged children through NOON, FRIDAY, DECEMBER 15TH.

Drop it off at our ground floor office - 1760 Reston Parkway, Reston between 9-6 or up until NOON on the 15th.  Or call and we will get by to pick up your toy.  Thank you!

Posted in:General
Posted by David Houghtaling on December 13th, 2017 9:01 AM

We love to find problems with Zillow's arguments and the narrower their geographic focus, the easier it is to poke holes.  But then when you read the fine print Zillow labels the rate of inaccuracy.

Area% Change 1 YrNext YrOverall
Herndon2.00%1.00%Warm
Reston0.70%1.00%Cool
Oakton0.60%0.40%Cool
Vienna0.50%0.50%Very Hot
McLean-0.30%0.20%Hot
Great Falls-4.10%0.90%Cool
Ashburn2.10%1.20%Very Hot

So, what makes McLean with a 2/10's of a percent projected appreciation Hot while Great Falls with a 9/10's of a percent prediction just Cool?

Let's look at your neighborhood and your home.  Will it fit Zillow's model? 

Posted in:General
Posted by David Houghtaling on December 11th, 2017 2:42 PM

There's the door hanger you might find on your between now and December 15th.  If you do, contact the Weichert agent whose card will be attached or call me at 703-220-0406.  Thank you!

Posted in:General
Posted by David Houghtaling on November 21st, 2017 6:28 PM

Let's face it, things in and around the house need repair or replacement from time and if you already have a trusted service technician, you're ahead of the game.  As your Realtor, I have many recommended technicians and service companies because of some personal experience and experience from my clients.  Feel free to call me when a need arises.

Today I would like to highlight the services of my tree service of choice is Adam's Tree Service out of Culpepper.  Just call Adam on his cell phone: 540-229-5411 and let him know that your Realtor, David Houghtaling of Reston gave you his number.

PS  If you have a person or company you've hired that you would recommend, just let me know. 

Posted in:General
Posted by David Houghtaling on November 10th, 2017 11:52 AM

Here's something you may not have been considering.  Renter incomes are rising making it possible for landlords and complexes to charge higher rental rates.

In Reston alone we have had a few open upscale rental complexes open in the past couple of years and there are a few more under construction.  The Harrison, followed by the Boulevard  the Avant and now the Aperture.  Even as a Realtor I have scratched my head wondering where all of the relatively well to do tenants are going to come from. 

The Aperture

The Avant

The Blvd

The Harrison

Rental apartments are being constructed with high ceilings in the units, upscale designs and apartment amenities and amenities for the building including specialized services and common rooms, rooftop pools, etc.  It's not uncommon for the 1 bedroom units to be over $2,000 and 2 bedrooms closer to $3,000.  Premiums are charged for top floors and their views.

Millenials perhaps, but there are a lot of professionals moving into these apartments for the lifestyle flexibility.  Renters can live without many home responsibilities and they enjoy the flexibility of picking up and moving. 

Click for the Bloomberg Article

This does not mean doom and gloom for your Reston investment properties and their rents.  Not all renters want an apartment house, no matter how lovely.  They don't all want a parking space below a building and an elevator to schlep their stuff.   You will still be able to rent your 1980's townhouse, 1990's condo and everything in between.  Renters will continue to expect upgrades and updates, fresh paint and prefer things like hardwoods and perhaps granite, but they are paying you more in 2017 than they did in the past.

There is a table below from Bloomberg from the article that shows a portion of the population that is rent-burdened or severely so.  Worth consideration.

Do you have real estate investments?  Thinking of buying additional properties and renting them?  Please call me at 703-220-0406

Posted in:General
Posted by David Houghtaling on October 18th, 2017 12:37 PM


                                                        


Want to search for homes to buy or rent?  How about look up the price of the place with the sign out front (any brokerage)?  Then please add my App to your Android.  CLICK HERE for quick 3 steps when you are on your phone in something like Chrome

Posted in:General
Posted by David Houghtaling on October 12th, 2017 8:43 AM

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