Pending Home Sales Are Rising Has Spring Sprung?


Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the National Association of Realtors
The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in February, rose 8.2 percent to 97.6 from a downwardly revised 90.2 in January, and [...]

read more »

Existing Home Sales Fall In February But Up 7% Year over Year


Existing home sales fell 0.6% in February month over month.  to an annual rate of 5.02 million units.  Still this is lower than January’s number of 5.05 million units.  This also marks the third straight month of declines in sales.  Sales were up year over year compared to last year at his time by 7% [...]

read more »

Loudoun Market Watch: Blizzards and Low Inventory Dampen Sales


Loudoun Market Watch:  Blizzards and Low Inventory Dampen Sales

LEESBURG – Preliminary February results are in; the blizzards that bombarded Loudoun in February had a considerable negative impact on existing home sales activity.  The blizzards were partially to blame for the total sales decline in February to 242 units from January’s revised but still low [...]

read more »

Spring Is Approaching Top 5 Reasons Why Now Is The Time To List Your Northern Virginia Home For Sale


Northern Virginia has survived the Blizzard of 2010.  Spring is quickly approaching and you hear from Real Estate Agents all over Northern Virginia that the time to List your Northern Virginia Home For Sale is now!  But is this true? or are they just trying to drum up business for themselves?
We at the Northern Virginia [...]

read more »

THE DREADED HOME INSPECTION


Hi there! Today I would like to talk to you about home inspections. Are you a realtor who needs or is looking for a home inspector?  Well I would like to say that you have found what your looking for. In my opinion a contractor is the best home inspector you could possibly ask for. [...]

read more »

Pending Home Sales Index Drops 7.6% In January But Up 12.3% From A Year Ago


The Pending Home Sales Index Fell 7.6% in January 2010.  However, The Pending Home Sales Index is up nearly 12.3% from a year ago.  Keep in mind that the Pending Home Sales Index is based on contracts signed in January 2010.
Regional Index Results For January
Northeast Down 8.7%
Midwest Down 8.9%
South Down 2.1% Keep in mind [...]

read more »

Home Sales Increase Nearly 14% In The 4th Quarter Of 2009


According to the National Association Of Realtors, Home Sales nearly increased by 14% in the 4th quarter of 2009.  However, less than half of the Metro Regions, 67 of 151 saw higher prices in the 4th quarter of 2009 year to year.
Median Home prices were down 4.1% year to year.  This is the smallest price [...]

read more »

Northern Virginia Real Estate – Arlington Virginia Average Days On Market Report


Are you Selling your Home in Arlington Virginia?  Are you considering Listing your Arlington Virgnia Home For Sale?  Here is the the Average Days On Market Report for Arlington Virginia.
Northern Virginia Real Estate Times

read more »

Northern Virginia Real Estate – Prince William County Average Days On Market


Haymarket Virginia Average Days On Market January 2010

Are you selling or considering Listing  your Northern Virginia Home in Prince William County Virginia?  The above charts show the Average Days On Market for single family homes in Prince William County for the month of January 2010. This shows you the one week average Days On Market [...]

read more »

Existing Home Sales 7.4% In Northern Virginia & Nationwide


According to the National Association of Realtors ( NAR), Existing Home Sales were up 7.4% in November.  This accounts for 6.54 million units and is the highest increase since February 2007. This is an increase of some 44% since November 2008, and marks a new record.
The National Association of Realtors believes this number was juiced [...]

read more »

Zillow Reports Washington DC And Surrounding Area Have Reached Bottom Of Housing Market


The website Zillow reported that there were 12 Housing Markets Nationwide that have hit bottom, or coming off the bottom with regards to Home Values.  Of these 12 markets, both the Washington DC area, as well as the Baltimore Area were named in their report.
Zillow reports that these cities saw their bubbles burst but have [...]

read more »

Theres A Party At Your House And Your Not Invited


Congratulations you just hired a Northern Virginia Real Estate Agent that was recommended by your Aunt Sally on your Mothers Side, and your crazy Uncle Bernie whom no one talks to.  The only condition you gave your new agent was to advertise your Northern Virginia Home in the Northern Virginia Real Estate Times until it [...]

read more »

Existing Home Sales Report October 2009


Diana O’lick of CNBC reports that Existing Home Sales jumped 10.1% in October.  Nearly 6.1 million Units sold which is up 23.5% from October, 2008, or year to year.  These numbers both mark record highs.
Home Sales were Up:
11.6% in the Northe East
14,4% in the Mid West
12.7% in the South
1.6% in the West
The median home price [...]

read more »

Fannie Mae New Deed For Lease Program


Fannie Mae Announced today a New Program for Home Owners who are facing foreclosure who dont qualify for a Loan Modification to sign the lease over to the Lender and then rent back the property for a year or more based on market rates.  This shows you how hard it is for banks to move [...]

read more »

Home Prices Surge


Home Prices Surge in September, 2009.  The annual  rate of decline for home prices are improving as reported by Diana Olick of CNBC.  The Home Price Index shows an increase month to month in August, 2009. This is the fourth consecutive increase.  Keep in mind that Home Prices as a whole are still down, but [...]

read more »

US Home Prices Fall For The Month Of August


Diana Olick of CNBC reports on Us Home Prices for the month of August, 2009.  Keep in mind these reports are usually a month or month and a half behind as it takes time to crunch the numbers.  Pretty much anything that is moving is Fannie Mae and Freddie Mac Loans with regards to Sales [...]

read more »

Thinking Of Selling Your Home Because You Cant Afford It Anymore?


Many people in Northern Virginia are finding it more and more difficult to paying their mortgage.  Unemployment is up, home prices have dropped, and find they owe more money to their lender than what they can sell it for.  You find yourself not knowing what your best option might be.
Do you sell your home and [...]

read more »