All posts by John VanderSyde

John VanderSyde: A native of Virginia’s Commonwealth, John graduated from Virginia Episcopal (High) School and attended Randolph-Macon College where he received a BA in English and Minored in Studio Art. John’s post-graduate studies took him to The Catholic University of America where he received his Masters of Architecture. A licensed Architect (RA) as well as a REALTOR® & Associate Broker, John began his career in 1986 managing residential construction and development. Specializing in high-end custom residential homes and renovation, John has an extensive knowledge of the housing industry. Years of construction management and contract negotiation provide additional skills necessary to work in his client’s best interest. John truly brings unique skills to the real estate industry, performing at the highest level of real estate sales. Ann VanderSyde: Ann was born in Japan the daughter of an Air Force family. She settled in Virginia’s Commonwealth as a child, living in the Northern-Virginia area. She graduated from Bishop O’Connell High School and attended Georgetown University where he received a BS in Psychology. Ann’s post-graduate studies took her to George Washington University where he earned her MA. A Licensed Therapist, Ann worked as a lead therapist for the DC Commission of Mental Health Services for five years. She relocated to Richmond, Virginia in 1993 where she immediately established a successful small business with an extensive focus in design and interior consultation that lasted for almost fourteen years. Ann’s experience provides additional skills needed to perform at the highest level of real estate sales. Ann & John live in Richmond, Virginia with their three children.

New Listing in Henrico County – Three Chopt Estates

An unexpected level of design and detail is what makes this home special! Colors & finishes throughout the home are neutral yet modern, and will provide the perfect backdrop for your lifestyle.  The kitchen is open, includes a breakfast peninsula, and is renovated with beautiful maple cabinets, all stainless steel appliances and quartz counters. Details include a total of 4 BR’s, 2.5 baths, a private Master Suite getaway on its own level, a sunroom/family room surrounded by an elevated wood deck, as well as dining and living rooms. All the bath rooms have been beautifully updated. The walk-out level includes a second family room with a charming corner fireplace adjacent to custom built-in shelves and cabinets, as well as a beautifully detailed, light filled, large, utility room with ceramic floors, with built-in work area and storage cabinets. Finally, an impeccably detailed, fully finished, 2.5 car detached garage / workshop awaits the serious auto-buff.

 

What is it That Makes the House a HOME?

Do pedals and the smell of flowering blossoms nestled closely to a stable foundation in springtime make the house a home?

Is it the color one picks inside and out to express their personal lifestyle during summer’s height the thing that makes a house a home?

Perhaps it is the freshly refinished hardwood floor, carpets, furniture, lighting, or all the little knick knacks one acquires in autumn that determines a home?

Or could it be the warmth from a winter’s hearth which breathes life into a house during special moments at the fireside that defines a home?

Surely it must be the sound of once echoing voices, the patter of little feet and paws, or the love given and received under the security of a dry roof that creates the home?

Ultimately, we borrow the things that make a house a home to which we once belonged; and if we are fortunate, the HOME willingly passes these cozy little spirits on from one family to the next, even if it was never intended.

That’s what makes the house a HOME!

By:   John VanderSyde    5/8/13

Where are all the homes – what’s up with Inventory?

We have a number of people asking about housing inventory, wondering why we are not seeing more homes in the real estate market for sale. Reports and statistics confirm an improving housing market, although it may be “slow and steady” as reported two weeks ago by Carol Hazard in the Richmond Times Dispatch. So shouldn’t we be seeing more houses for sale?

We are on the cusp of our spring market here in Richmond, and therefore anticipate seeing more and more homes trickling into the marketplace. However, it may not be what we are used to when we contemplate a healthy marketplace. We have to keep in mind that as the economy continues to evolve the marketplace also shifts. People are often slow to respond to change, and there is still perceived uncertainty in the minds of some consumers as to how these improving conditions will impact home sales. Well don’t think about it too long. Homes are selling more quickly today, and inventory is not keeping up with demand.

Realtors are seeing homes showing up “For Sale” and then “pending” under contract rather quickly every day. And for good reason – there is pent-up buying demand fueled by low interest rates which makes this a great time to buy and sell homes. We can all see that low mortgage rates combined with low inventory is a win-win situation for buyers and sellers. Under these conditions, sellers know that homes priced well that are in good condition sell quickly and at a higher price. Buyers understand the value of borrowing with low interest because it allows them to purchase more home for their money, and enjoy a greater return on their purchase over the life of the loan.

While “slow and steady” may be the rallying cry of the day, to hesitate may mean not getting what you want. Although inventory may be low, so are the rates available for borrowing the money to purchase these homes. There is no question that this is a great time to buy and sell real estate. Speak to your real estate professional today and find out how these conditions will work to your advantage.

Ann & John VanderSyde are Associate Brokers at Virginia Properties, a Long & Foster Company. They have been Sales Team of the Year since 2009. Call (804) 287-4660 and visit   www.InSydeHomes.com

The “Roslyn Hills” Neighborhood – Along the River Road Corridor

The “Home” section of the Richmond Times-Dispatch and Doug Childers, have been writing articles spotlighting various Richmond, Virginia neighborhood locations, and they will be featuring “Roslyn Hills” in February 2013. Doug was kind to ask if I would provide some insight into this area of Henrico County.

I love history and many of the neighborhoods in and around Richmond offer interesting insights into past generations. I offered the following information in response to his questions.

1)      Could you provide a brief description of Roslyn Hills? 

Roslyn Hills is located east of Parham along the River Road corridor. It is one of a number of finger-neighborhoods along this stretch of road. It is flanked to the west by “Countryside” and to the east by “Glenbrooke Hills”. A series of small creeks and ponds traverse the middle of the neighborhood and offer a delightful amenity for residents.

2)      What are the neighborhood’s boundaries? 

One may enter the neighborhood off River Rd from Charnwood to the west, Roslyn Hills Drive up the center, and Twin Lake to the east; the neighborhood dead ends into September Drive to the north. Side streets intermingle with the adjacent neighborhoods, but primary access is from River Road.

3)      Where does the name come from? 

I’m Not exactly sure from where the name “Roslyn Hills” comes. I can tell you the Episcopalian Diocesan Retreat Center is located directly across River Road from this neighborhood, and is called “Roslyn”. It seems logical to me that the neighborhood may have derived its name from this retreat. Research indicates the Retreat may have been established around 1935; from what I can see from the tax records, the actual neighborhood didn’t begin to be developed until 1953.

The Roslyn retreat’s web site provides a good history of the land donated to the church: “Roslyn, A Retreat Center of the Episcopal Diocese of Virginia since 1934, is located on 150 scenic acres in Henrico County, Virginia, two miles west of the City of Richmond on the James River.”  See more history at http://www.roslyncenter.org/history.shtml

4)      When did construction begin there? 

Construction in Roslyn Hills “proper” began in approximately 1952-53. Two homes were completed by 1953, and another 14 by 1954. Adjacent neighborhoods, although linked by cross-streets, may have been started prior to this date.

5)      When did the majority of the homes get built? 

The majority of homes seem to have been completed during the 1950’s, when approximately 103 houses were finished. The boom year for Roslyn Hills appears to have been in 1957, when roughly 22 homes were completed. The 1960’s yielded less than half that number, with about 46 homes being built. The remainder of homes have been built since then, but tax records indicate the last two new construction homes built in Roslyn Hills were in 1990. I can tell you that the adjacent neighborhoods such as Countryside still have lots for sale and continue to build new homes today.  

6)      Did one developer work on it or was it  developed over a period of time by different builders and developers? 

It appears that different builders built in this neighborhood. It does not appear to have been sold to one developer, as is the case in many neighborhoods being developed today.

7)      How many houses are in Roslyn Hills now? 

The tax records indicate 182 homes attributed to the neighborhood of Roslyn Hills. There may be a little overlap between adjacent neighborhoods, as the lines are sometime blurred a little.

8)      Could you describe the neighborhood’s architectural styles? 

There are a variety of Architectural styles in Roslyn Hills. Many of the home sstyles reflect the time during which a particular home was built. There are ranches, and capes as well as traditional two story colonials.

9)      How large are the lots? 

Roslyn hills enjoys generous lot sizes; reflecting a time when each house was supported by well and/or septic systems – before the installation of public water and sewer utilities, making larger lots obsolete. Most lots are between a half and one and a half acres. It appears the majority of lots are a little less than one acre.

10)   What amenities does Roslyn Hills offer? 

Roslyn Hills has a number of Creeks, ponds, mature trees, and neighborhood play grounds. It is a great area to stroll around because there are no real cut-through streets to generate a volume of automobile traffic. The car traffic is generated almost exclusively by the folks who live in the neighborhood.

12)  What’s the typical Roslyn Hills homeowner like? 

As a realtor, I can’t answer this question. I will tell you there are a Lot of families as well as individual home owners, and with a good mix of ages. This may be considered a “destination neighborhood”, as many people choose to stay in the neighborhood many years longer than the national average.  A client of ours is preparing to put her house on the market after living there for fifteen years, nearly twice the typical home owner stays in one location.

13)  What public schools do Roslyn Hills’s students attend?  And how important are those schools’ reputation in attracting homebuyers? 

Schools are important to the area’s home owners, and are one of the primary reasons people flock to this area. Tuckahoe Elementary, Tuckahoe Middle and Freeman High are the three public schools serving this area. Some better known private schools include Collegiate just to the west along River Road, and St Catherine and St Christopher to the east into the City. St. Michael’s and Trinity Episcopal are just over the river from the Willy or Huguenot bridges. The University of Richmond is very close as well.

14)  What can homeowners do in the area for entertainment? 

Everything! Great access to either side of the River, shopping and restaurants are only moments away. Stony Point Fashion Park is just across the Willy Bridge. Roslyn Hills is a great location for this reason.

15)  What do you think is the No. 1 reason buyers choose Roslyn Hills?  How important is its being in the River Road corridor, for example?

The location of Roslyn Hills is one of the best reasons to choose this neighborhood. One can enjoy being in the County of Henrico, but still take advantage of the relative ease and access of being in the City of Richmond. It is true that River Road has a certain cache attached to it, which may be important for some people, but I don’t know if that is a primary consideration for living in this neighborhood. Homes are still relatively affordable, starting in the mid three-hundreds to the mid eight-hundreds; the average home price hovers on average right around $500,000. There are a few homes that may sell for a million dollars or more.  

 

John VanderSyde is a Licensed Real Estate Broker and a Licensed Architect. He has been in construction, development and building since 1986, and a licensed Realtor since 2002. He and his wife Ann are team partners at Virginia Properties, a Long & Foster Company in Richmond, VA.

It’s the Time of Year to be Grateful

A Grateful Attitude Never Goes out of Style!

 “Let gratitude be the pillow upon which you kneel to say your nightly prayer.”

-Maya Angelou

 

     This time of year provide us with the opportunity to reflect and express gratitude to those who have impacted our lives. Your support as an advocate for our business has been vital to our success as a real estate professionals. We are truly grateful to have you in our lives.

      Being your trusted real estate professional is an honor and a privilege through which we hope to strengthen our relationship and take care of your home and community-related needs now and into the future. Please call on us any time we may be of assistance to you.

      Tips on planning a successful “holiday party” is intended to get you in the mood to celebrate with the ones you love; create your guest list, foster a festive holiday atmosphere and plan your menu. Don’t forget about music and party favors too. We hope this will inspire and benefit you at this special time of year.

 

Oh, by the way … if you know of someone who would appreciate the level of service we provide, please call us with their name and number.  We’ll be happy to follow up and take great care of them.

 _______________________________________________________________________

 Check it out:  One of our preferred Providers—Witte Home Solutions!    

    Bob and Rob Witte have developed a client-centered contracting business that has served Richmond for more than 35 years. They have performed numerous projects for us and our clients, with jobs ranging from modest repairs to full blown additions. They consistently come through for us by meeting or exceeding our expectations.

 If you are considering repairs, renovations or alterations in the coming months we hope you will consider giving the Wittes a call. We’d be happy to speak with you further about the successes we have had with them. 

   Rob Witte, Senior Vice President,   Rob@wittehomesolutions.com,    (804) 467-2203

 

Is a Realtor’s Guidance Reliable in a changing Real Estate Market?

One of the most difficult times for buyers and sellers to make informed decisions on pricing, or making or responding to offers, is during perceived variations in the Real Estate market. It is relatively easy for Realtors to guide buyers and sellers when there is consistency in the marketplace. It’s a bit more of a challenge to gauge changing trends when things are in flux. As in all aspects of life, there is often a sense of uncertainty when things are moving away from what had been the norm, as seems to be true today.

The answer is “Yes”; rely on your Realtor during these ever-changing times. Statistics confirm that sales are on the rise, and despite the knowledge that these changes are being compared to the “down market” of last year, these numbers will most assuredly continue to rise. These statistics support the rally-cry of economist who are carefully monitoring the new horizon of future housing improvements. Your Realtor is the one closest to the daily action, and can respond most knowledgably to your questions and housing needs.

The latest numbers also convey to buyers that it remains a good time to purchase a home. All reports predict, if not confirm, that interest rates will remain low, making it extremely affordable to borrow money. And even though inventory is relatively low, it remains, at least for the moment, a “buyer’s market”. As for Sellers, well they are currently offering housing products at realistic prices. In many cases homes are presented in move-in ready condition, and often with numerous upgrades. Furthermore, the terms and conditions negotiated through the aid of a Realtor ensure that both parties will reach their common goal of buying and selling a home.

There is little doubt that we are going to continue to see positive trends of change in the housing market. By all accounts, when moving forward, we will enjoy a very different real estate experience than we have come to expect during the last several years. While change is not easy to grasp, the best source for reliable housing information continues to be from the Realtors who are in the market every day. Realtors have their fingers on the pulse of buying and selling homes, even when it happens to be an irregular pulse.

Ann & John VanderSyde – Virginia Properties “Sales Team of the Year” (804) 287-4660   www.InSydeHomes.com

The Westwood Neighborhood of Richmond, VA

Westwood: “a neighborhood that began in ‘the golden era of postwar expansion’”

The “Home” section of the Richmond Times-Dispatch and Doug Childers wrote a lovely article on this little neighborhood located off of Libbie Avenue between Monument Avenue and Broad Street on Saturday, August 18th, just this past weekend. It is part of their popular series about the many of the neighborhoods in and around Richmond that have captured the attention of casual readers and historians alike. Corbin Ryland and I have a shared listing here, and as a result our good fortunes were able to garner a bit of free advertizing for us.

The article describes the expansion befalling Short Pump during the boom of the eighties and nineties, but in comparison was nothing to that of near western Henrico at the conclusion of the Second World War. Baby Boomers were exploding and building homes close to where Saint Mary’s Hospital is located. It was “the county’s largest residential expansion” during those years. It is popular again today for much of the same reasons it developed back then.

The history of the neighborhood briefly touches on the fact that Westwood was established on the former golf course once belonging to what is now The Westwood Club, currently a racket and swim club. Prior to the Great Depression, The Westwood Officer’s Club was on the fringe of the sticks, mostly agricultural land, and they owned much of the property from Monument Avenue to Broad Street and all the way to Willow Lawn. The Great Depression resulted in selling off the land in order to keep the club from completely disappearing, and it remains a popular feature there today.

While Westwood is a shining example of beautiful near west end, post-war homes, in a matured neighborhood, I can’t help imagining how differently it may have evolved if the Great Depression didn’t come along and vastly change the landscape in this area of town. Nevertheless, it now continues to attract buyers because of its mutual approximation to the far west end, and to down town. It appeals to those downsizing as well as to various types of families who still want a yard and a solidly built home without sacrificing convenience for time spent traveling in the car.

The RTD article is well worth the read, but if you would like additional information about this area or have questions about Real Estate, please contacts us. We will be happy to assist you!

John VanderSyde is a Licensed Real Estate Broker and a Licensed Architect. He has been in construction, development and building since 1986, and a licensed Realtor since 2002. He and his wife Ann are team partners at Virginia Properties, a Long & Foster Company in Richmond, VA.

Foot Traffic Relates to Home Sales

Richmond Real Estate Foot-traffic in August Can Be a Test in Patience

Typically August is one of the slowest months of the year for real estate activity, followed closely by December.  Vacations and back to school activities obviously rival the December holidays. As a result, less foot traffic means less activity.

Understanding that we know the people who are out looking for homes is going to be fewer in August, you would think we would be prepared for the resulting activity. This lack of activity is reflected in the number of people actually out searching for homes this time of year. We would like to believe that those folks out searching for homes are very serious about purchasing one. Unfortunately it doesn’t always translate into website hits or open house traffic or home sales. Therefore, patience is the key.

According to SentriLock, LLC, Foot traffic and future home sales have a strong correlation. NAR research with monthly data on the number of showings supports this notion. Just try relating such figures to the sellers whose listings you have on the market and see how supportive your clients suddenly become. Nevertheless, it is a fact.

Foot traffic from this year to last year in August will likely be the same for our area of Richmond, VA. The Richmond Association of Realtors will support this idea once their figures come out in September. Although foot traffic will be slow, the sales activity will likely be up slightly this year. The market slump is behind us and mortgage rates remain low. There are still deals to be made and it remains a buyer’s market – for now.

So keep being patient, the fall market in Richmond is almost upon us, and foot traffic will be on the increase. Low mortgage rates and tightening inventories are drawing more potential buyers into the market as confidence in price stability and stable employment grows. Keep your hat on; real estate and new-homes construction are going to experience significant change in the coming year. Tell that to your clients!

 

John VanderSyde is a Licensed Real Estate Broker and a Licensed Architect. He has been in construction, development and building since 1986, and a Realtor since 2002. He and his wife Ann are team partners at Virginia Properties, a Long & Foster Company in Richmond, VA.

Spring and the Marketplace – What’s Different this Year?

   I’m looking at the Weekend Section of the newspaper. There is a lot of information about the latest market conditions, news beyond the bust, and interests in the “home” trending upward.  There is a resurgence of advertisement, upbeat statistics, and the pleasing optimism that aligns itself with improving real estate conditions. It is the blush of spring, where new homes for sale honestly reflects the time of year when fresh and new is sincere and hopeful. It is distinctly different than what we have been experiencing over the last several years, and it is notable.

None of this can happen without the eager participation of buyers and sellers! Open house dates are spinning with activity, full of sincere purchasers looking at the “home” as something more than just an investment. They are remembering that homeownership is about choosing a lifestyle, as well as a standard of living, that suits one’s particular needs. It is the notion that “location, price and condition” are more than simply buzz-words and market hype, and that people really want to live where it matters most to them.

The relevance of investors doesn’t adequately describe the true nature of their contribution to the marketplace. The National Association of Realtors (NAR) reported that 27 percent of all real estate transactions in 2011 were for the purchase of an investment property, and that 11 percent of all real estate transactions last year were second home purchases. A significant portion of these transactions were paid for with cash, which further supports the idea that many buyers are investing in a lifestyle, and not just their bottom line.

There is no doubt a science to real estate, but it doesn’t overshadow the complementary feelings and emotions that go into buying and selling homes. People know this, and it is eminently apparent that we are currently enjoying a little more of the latter during this rather delightful time of year. This is of course the notable difference from recent past years in real estate. Let’s choose to keep looking forward; because after all that’s where the future is – for all of us!

John VanderSyde is an Associate Broker, REALTOR with Virginia Properties in Richmond, VA (804) 282-7300

Rising Trends, Improving Conditions in Real Estate

If you don’t think things are changing in the real estate housing market, well think again! It’s easy to get caught up in media reports the most recent real estate market statistics that point to improving sales conditions in the Richmond Metropolitan area and believe home sales are getting better. After all, it’s just more of the cautious optimism that’s been keeping us going for the last three or four years, right? On the other hand, recent activity indicates genuine change has arrived. Of course some areas will lag behind others as the market picks up, but Realtors can sense the new mood wafting across the plains.

Market activity has been on the increase since at least November 2011. Our individual numbers as well as every stat tracking real property transfers confirms it. Nevertheless, real estate professionals have been cautiously monitoring trends to see if conditions were actually improving, or if perhaps this was simply another market teaser. It is one thing to watch the numbers reportedly go up, but quite another to see actual behavioral change.

Just last weekend we called to schedule an appointment to visit a home in the west end of Richmond. There were so many appointments we could not be accommodated. It didn’t matter that we were willing to wait another day to see it because the seller received so many contracts on the first day they discontinued showings and agreed to work with one of the offers submitted the first day. WOW! You might say this is just one story, but it’s not. We are hearing about other interactions similar to this where multiple offers have been generated. But of course the good ones will always sell fast!

This may not be the norm, but it most assuredly points to distinctive change in the attitudes of people ready, willing and able to buy a home. With dwindling inventory, improved market conditions, historically affordable interest rates, I would not be surprised to see more interesting stories like this one that point to a changing real estate market for 2012.

 Ann & John VanderSyde, Associate Brokers – Virginia Properties, A long & Foster Company “2009, 2010 & 2011 Sales Team of the Year” (804) 287-4660   www.InSydeHomes.com  “HOME is a Lifestyle Choice!”