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Fairfax County Budget Proposes $26.5 Million To Preserve And Promote Affordable Housing

Fairfax County residents will have to pay higher taxes in the future if Executive Bryan Hill gets his way. On Tuesday, Hill asked the board of supervisors to raise real estate taxes and levy a new tax on movie, theater and concert tickets. According to Hill 2021 budget calls for increasing the real estate tax rate by 3 cents to $1.18 per $100 of assessed value. He estimates the increase would raise the average tax bill about $346. Continue reading

Reston Real Estate Market Rised 5 Percent in 2019

The statistics for 2019 real estate transactions in Reston have been revealed and the numbers are up 5 percent from 2018, with 1,383 total transactions in 2019, an increase from 1,316 total transactions in 2018. There is also a 2 percent increase in total transactions from 2017 to 2018.  Overall, the Reston market has had considerable improvement in the past three years in all three zip codes. Continue reading