Why It’s a Great Time to Buy

If you are planning on purchasing a house and holding on to it for the long-term, now is a great time to buy! Read more [...]
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Potential Positive Changes to Current Factors

I am reading "green shoots" in housing but sometimes these are like the green shoots of crocus--emerge during momentary thaws in winter Read more [...]
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TBD

See the profile of Local SixFortySeven on Good Morning America!   Then vote for them Saturday, November 21, as America's Best Food Cart! Derek and Amanda Luhowiak are two amazing people who are walking the walk as the owners of "a mobile farm to fork kitchen focusing on local sustainable food." www.localsixfortyseven.com You might be wondering how I even know about Local SixFortySeven, and why I think they are important... I'm still trying to figure out a catchy name, or phrase, Read more [...]
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NVAR October Statistics

The Northern VA Association of Realtors has published its market statistics for October, 2009. There are a couple of things that I find significant about these numbers: 1. For the first time since the bubble burst, the number of Active Listings is less this October than in October 2005. Until now, Active Listings have exceeded their 2005 equivalent each month. 2. Homes Sold as a percentage of Active Listings has finally hit 20% or more in the last several months. For all of 2006, 2007, and 2008, Read more [...]
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The Future of the Real Estate Market and Why

There has been a surge in buying activity & a decrease in inventory, but this doesn't mean the real estate market is stabilizing...yet. Read more [...]
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What do housing statistics tell us about the future of real estate?

We can use real estate market statistics to understand when the day-to-day waves are going to be interrupted by something bigger. Read more [...]
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Don’t overpay just to get your $8,000 tax credit

The first-time homebuyer's tax credit has created a buying frenzy. Buyers are in multiple-contract situations that are causing offer prices to go above list prices. Read more [...]
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Northern Virginia Housing Statistics, August and September 2009 Active Listings

Following record sales prices driven by low inventory and historically high buyer demand in July, 2005, the real estate market in Northern VA officially headed for a cliff in August, 2005. By keeping track of the numbers of homes sold in relation to the number of active listings each month, we can better understand where the real estate market is headed. Read more [...]
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Northern Virginia Housing Statistics, August and September 2009 Homes Sold

Following record sales prices driven by low inventory and historically high buyer demand in July, 2005, the real estate market in Northern VA officially headed for a cliff in August, 2005. By keeping track of the numbers of homes sold in relation to the number of active listings each month, we can better understand where the real estate market is headed. Read more [...]
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Northern Virginia Housing Statistics, September 2009

Each month, the Northern VA Association of Realtors (NVAR) publishes the lastest home sales statistics. Below is a chart tracking the relationship between Active Listings and Homes Sold each month. Read more [...]
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