This is a sponsored post by Eve Thompson of Reston Real Estate.
The real estate market in Reston is holding steady with low inventory and strong demand.
Our numbers at this mid-year mark are looking good. We’ve sold slightly fewer homes than this same time last year with 677 this year vs. 721 in 2018; but things are generally very strong.
There are 201 active listings on the market and another 8 in a “Coming Soon” status. The average-days-on-market for active listings is 56 days, which is way above the average for property in a “Pending” status which is just 24.
The driver for a quick sale is always the price. Price is every seller’s best tool for generating action from buyers. Be the best priced, best presented item in your category and you will shorten your days on market, reduce your carrying costs and maximize your bottom line.
Here are a few of the new homes for sale in Reston this week:
A plan to break up a previously approved 148-unit residential building into four condominiums near the future Herndon Metro Station is moving forward.
NVR, Inc. is seeking the county’s approval to change plans for Woodland Park Crossing, a mixed-use project with 1.6 million square feet of planned development.
The multi-family building, which had been approved for 210,715 square feet of development, would be divvied up into four, five-story condominiums with 185,000 square feet.
The plan was first approved in March 2017, calling for a total of 678 residential units, two office buildings — 16 stories ad 14 stories, and 20,000 square feet of ground-floor retail.
The site borders the Dulles Toll Road to the north and Monroe Street to the east. It is owned by Tishman Speyer.
The county’s Board of Supervisors is scheduled to vote on the project on Tuesday, July 16.
Map via handout/Fairfax County Government
New speed humps are expected to be installed within the next several weeks along Rosedown Drive.
Four humps will be added to the road the request of the local homeowners association. The initiative is part of the county’s Residential Traffic Administration Program, which allows roads to be review for traffic calming procedures if requested by a board member.
Other speed humps could be added to Beverly Drive in Ashburn.
The total cost of both projects is $56,000. Funds are already appropriated in the county’s general fund.
The Fairfax County Board of Supervisors will vote on the projects at a meeting on Tuesday, July 16. If approved, construction would begin as soon as possible.
Map via Google Maps
Just days after major flooded in the region, a flood watch is in effect in Reston and surrounding areas from 2 p.m. until late tonight.
A flood watch means that there is the possibility of flooding. Local fire and rescue crews are encouraging residents to avoid stalled water and turn around if they see flooded roads.
Here’s more from the National Weather Service’s alert:
Showers and thunderstorms are expected this afternoon and evening. Torrential rainfall may lead to totals exceeding 2 inches in a short period of time. This may cause flash flooding of small streams and other poor drainage urban areas.
A Flash Flood Watch means that conditions may develop that lead to flash flooding. Flash flooding is a very dangerous situation.
You should monitor later forecasts and be prepared to take action should Flash Flood Warnings be issued.
In the latest storm this past Monday (July 8), the Fairfax Fire and Rescue Department responded to 55 calls related to people being trapped on flooded roadways.
Showers and thunderstorms starting to pop up along the I-95 corridor between DC and Baltimore. Additionally, a line of showers and storms is approaching from the west. Again, damaging winds and heavy rainfall, which could lead to flash flooding, are the main threats today. pic.twitter.com/ulJiTk387d
— NWS DC/Baltimore (@NWS_BaltWash) July 11, 2019
Photo via vantagehill/Flickr
Local fire and rescue crews were on the scene of a gas leak in Reston earlier this week.
A gas leak occurred on the 12100 block of Sunset Hills Road around a little before 10 p.m. this past Tuesday (July 9).
Hazmat crews opted to flare a tank — a technique that burns gas in the tank to reduce volume or lower internal pressure.
A spokesperson for the Fairfax County Fire & Rescue Department told Reston Now that only the pressure relief valve was damaged.
“No buildings were evacuated as everything was under control,” the spokesperson said.
Last night, units on scene of gas leak in 12100 block Sunset Hills Rd, Reston. Underground 1000-gal propane tank leaking from pressure relief valve. Haz Mat opted to flare tank. Flaring is controlled burn of gas in tank to reduce volume or lower internal pressure to render safe. pic.twitter.com/USpKkBkz17
— Fairfax Fire/Rescue (@ffxfirerescue) July 10, 2019
The General Assembly went into Special Session yesterday, July 9, at the call of Governor Ralph Northam to address gun violence after a shooter with a silencer on his pistol murdered a dozen persons in a municipal building in Virginia Beach. The outcome of the session in which legislators introduced eight different bills at the request of the Governor is unknown as I write this column. I introduced the bill that I have introduced at other sessions to expand criminal background checks for all firearm transactions or universal background checks.
Virginia has had a criminal background check for gun purchases for 30 years. The system was put in place after a bill that was heavily debated and that seemed certain to be defeated was passed with the support of a senior delegate, Vic Thomas, who was an avid NRA supporter. He concluded that it was a bill the public clearly wanted and should pass because it did not interfere with the Second Amendment. In what may have been the last time the NRA took such a position, it did not support but it did not oppose the bill’s passage. Governor Gerald Baliles signed the bill into law even though he had earlier opposed any gun control legislation.
The resulting instant background check system that was put into place continues operating today. It was the promise of an instant background check without the need to wait for days for approval that was the feature that led to the bill’s passage.
There was then that continues today a major flaw in the law as originally passed that supporters had hoped to correct but have not been successful in amending. The law only applies to purchases made with federally licensed gun dealers. That’s about half the gun sales in the state each year although exact statistics are unknown because of statutory limitations on gathering information about gun sales put in place with NRA advocacy. This flaw in the law created what is referred to as the “gun show loophole.” At any of the numerous gun shows that are held throughout the Commonwealth one can purchase a gun from a federally licensed gun dealer with an instant background check; at the next table at the show a person can purchase a gun from an unlicensed dealer with no identification needed and no questions asked.
The astonishing statistic is that in 2018 the Virginia State Police conducted 446,333 firearms transactions involving licensed dealers with 3,457 of the transactions denied because of previous criminal behavior. Had the loophole in the law been closed there may have been as many as a half million more checks with a proportionally high number of persons with criminal records being denied another weapon.
What is good for the goose is good for the gander, as I have always been told. With a successful system for background checks in place for thirty years without opposition or hiccups, all gun sales should go through the system with minor exceptions related to family members. According to many polls, the public supports universal background checks at levels around 90 percent. It is time for the legislature to act or be able to explain to the public in the coming political campaign why this old adage is not being followed.
The Best State for Business — CNBC ranked Virginia as the best state for business in the country. The Old Dominion’s success comes from the military as well the demographic of the best workforce in the country, according to CNBC’s Scott Cohn. [CNBC]
A Roundup of New State Laws — The county offers a round-up of several new laws that went into effect on July 1, including new rules on handheld cellphone use in work zones, the legal age for tobacco use, and rear-facing car seats. [Fairfax County Government]
Striking the Target — “Reston Hospital Center has received the American Heart Association/American Stroke Association‘s Get With The Guidelines® Target: Stroke Honor Roll Elite Gold Plus Quality Achievement Award. The award recognizes the hospital’s commitment to ensuring stroke patients receive the most appropriate treatment according to nationally recognized, research-based guidelines.” [Reston Hospital Center]
Free Yoga for All — Enjoy free yoga with Beloved Yoga at Reston Station Plaza today from 6:30-7:30 p.m. [Reston Station]
Photo via vantagehill/Flickr