Sponsored

This week’s Q&A column is sponsored and written by Philip G. Matyas, Associate Broker of The Shannon Group and McEnearney Associates Realtors®, the leading real estate firm in Alexandria. The Shannon Group realtors are your “Eyes and Ears for Old Town” and the residential real estate market from McLean to Mount Vernon. For more information about this article or the current Old Town/Alexandria housing market contact Philip at 703-507-8655 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: How did home sales this January compare to January 2019, and what’s the forecast for this spring?


Sponsored

The current market is hot! A low inventory is pushing prices and demand up — bringing opportunity for sellers, and competition for buyers.

What does that mean for you? Whether you’re buying or selling, HergGroup Greater Washington will work with you to ensure you come out on top of any transaction. Our experienced team has the industry knowledge and understanding to help you in today’s competitive market.


News

Sugar Shack to Be Replaced — “Alexandria’s Sugar Shack Donuts will change to Elizabeth’s Counter this spring, with a wider menu and new focus… The donut shop at 904 N. Henry St. will become a bakery, vegetarian-influenced café and coffee shop. While Elizabeth’s Counter will have donuts, sugary goodness will not be not the focus.” [Alexandria Living]

B&C Jewelers Closing — “B&C Jewelers, one of the oldest retailers in Alexandria, Virginia, is closing at the end of April. B&C Jewelers opened in 1953 as an original tenant at the Bradlee Shopping Center at 3660 King St. It is the last original tenant there. ‘I feel like it is time to go. It is the end of our lease,’ owner Vicki Forness told WTOP.” [WTOP]


Sponsored

In this week’s Ask McEnearney, the firm celebrates its fortieth anniversary by launching their 40 for 40 campaign!

Our goal at McEnearney Associates was never to be the biggest but to be the best, and for forty years we strived to go above and beyond by investing in the communities that helped us grow the firm to 330 of the best agents in the industry.


Sponsored

The current market is hot! A low inventory is pushing prices and demand up — bringing opportunity for sellers, and competition for buyers.

What does that mean for you? Whether you’re buying or selling, HergGroup Greater Washington will work with you to ensure you come out on top of any transaction. Our experienced team has the industry knowledge and understanding to help you in today’s competitive market.


News

Alexandria has experienced “historic” growth in its property assessments over last year, the City Council will be told at its meeting tonight.

The city’s overall real estate assessments increased 4.15%, or $1.7 billion over last year, to a total of $42.1 billion. That’s the biggest property value increase in a decade.


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