Regional Sales Continue to Increase…

The Washington, D.C. Metro Area housing market continued to see increases in closed and pending sales in October, with pending contracts at the best levels in a decade.  Median sales prices were comparable to both last year and last month [but showed a decline in the year over 5 year average].  Inventories continue to grow,... Continue Reading →

Safely Exchange Online Purchases & Sales

We have all heard the stories of terrible things happening to innocent people who's only mistake was shopping online and agreeing to meet someone they don't know in a strange place to complete a transaction. The risk can range from simple theft, to assault, to murder. Does this mean you should stay off of craigslist or... Continue Reading →

Housing Inventory Snapshot – June 2015

We hope you will find the following snapshot of June’s inventory statistics for the various regions and property types/values in our Northern Virginia Real Estate market informative. This snapshot features new data points that we introduced a couple of months ago. They show the trend of changes across several categories from 30 days prior. This can be... Continue Reading →

Aug. 1st Brings Settlement Procedures Changes

For Loans Originated on or after August 1st, 2015, lenders must provide the borrower with the newly adopted Loan Estimate within three business days of taking application, and the Closing Disclosure three business days prior to settlement. While this may appear to be a small change to the settlement procedure, it brings with it some potentially deal... Continue Reading →

Housing Inventory Snapshot – April 2015

We hope you will find the following snapshot of April’s inventory statistics for the various regions and property types/values in our local Real Estate market informative. This snapshot features new data points that we introduced last month. They show the trend of changes across several categories from 30 days prior. This can be a good... Continue Reading →

Housing Inventory Snapshot – March 2015

We hope you will find the following snapshot of March’s inventory statistics for the various regions and property types in our local Real Estate market informative. This snapshot features a new data point, showing the trend of changes across several categories from 30 days prior. This can be a good way to lend some perspective... Continue Reading →

Fairfax County Tax Increase puts a pinch on Residents

Residents of Fairfax County felt the impact of the, now common place, one-two punch of increased assessments accompanying a hike in rates. The property assessments go up and instead of dropping the rate to maintain a static revenue stream, they raise the rate too. In the last several weeks people have been getting their assessments in... Continue Reading →

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