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NAR Statistics - Good Information to Know

Below is information that was released by the National Association of Realtors with my comments that I feel reflect the Northern Virginia Market. A loan officer that I work with sent me an email with the NAR information and I thought it was worth sharing

Metro DC and VA Beach Among Highest Performing Real Estate Markets

Clear Capital (www.clearcapital.com) last week released its monthly Home Data Index™ (HDI) Market Report, with the news that U.S. home prices continue a downward trend. This month’s HDI Market Report provides the most current data (through

Real Estate News - May 10, 2011

This morning's news headlines were dominated by news of housing prices dipping again. The news was based on a report released by Zillow. Zillow's report is based on its Home Value Index, which is defined as the mid-point (median) of their Zestimate

NVAR: February 2011 Market Statistics

Low Mortgage Rates Still Prevail; Foreclosure Notices Filed On A Downward Slide Mortgage rates are still a bargain. "Interest rates for 30-year fixed-rate mortgages have averaged at or below 5 percent in every week but one this year, contributing

December 2010 Market Statistics - Northern Virginia

Source: NVAR.com NAR Reports : Housing Affordability Still A Plus; Slow Improvements Occurring In The Economy: Unemployment Still In Need Of A Boost Nationwide Lawrence Yun, NAR chief economist, said historically high housing affordability is boosting

Kim's List of Real Estate Articles Worth Reading - 12/23/2010

Existing Home Sales Resume Uptrend with Stable Prices: http://rismedia.com/2010-12-22/existing-home-sales-resume-uptrend-with-stable-prices/ Housing Starts Rise 3.9% in November 2010 http://rismedia.com/2010-12-18/housing-starts-rise-3-9-percent-in-november-2010/

Metro DC Home Prices Increase Most in US Over Past Year

Home prices in the Washington area increased by the most in the country during the 12 months ending in March, the Washington Examiner reported. Prices for single-family homes increased 6.4 percent — the biggest increase out of 10 major metropolitan

Northern Virginia March Real Estate Sales Data 2010

Look How Far We Have Come in One Year: 2010 is On Solid Ground So Far: We Are Headed Out of the Danger Zone, the Statistics Show News outlets have been reporting that our economy is expanding, inventories have been restocked, and a growth pattern is quantifiable.

December 2009 & Recap of 2009 - Northern Virginia Real Estate Market Statistics

2009: It’s a Wrap Source: NVAR - www.nvar.com For those selling homes this past December in Northern Virginia, the average sale price was up a smidge more than 12 percent over December 2008 numbers. And for our Greater Northern Virginia region,

Northern Virginia Real Estate - September 2009 Market Statistics

Up, Up & Away: September Housing Data Shows Four Months Supply of Inventory; Pending Home Sales Up 13 percent; Number of Home Sales Up 2 Percent; Average Home Prices Up 5 Percent Employment Prospects Favorable With Government Agencies: Federal Government

July 2009 Northern Virginia Home Statistics

Return to Economic Normality Cited by Obama Administration Aide According to a new report that appeared on the Reuters Web site, White House Economic Adviser Larry Summers said recently that the foundations for a return to growth had been laid and there

Housing Prices Rise in May

Average U.S. home prices have started to rise, according to a monthly report from the Federal Housing Finance Agency. FHFA says U.S. home prices rose 0.9 percent from April to May. The biggest gains were in the battered Pacific region, where average prices

May 2009 - Northern Virginia Home Sales Statistics

May 2009 Statistics Forecasters Say Recession Nearing End Ninety percent of economists think the recession is nearing its end, but don't expect the economy to soar anytime soon. The National Association for Business Economics surveyed nearly 75 percent

Pending Home Sales Increase

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of 84.6 in March, and is 3.2 percent above April 2008 when it was 87.5. Lawrence Yun, NAR chief economist, said buyers
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