Kim Darwaza Northern Virginia Real Estate

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 with my two cents! The National Association of REALTORS has ...

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 May 2011), and relevant analysis of how local markets performed compared to the national trend in ...

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 valuations for the US. Half the Zestimates are above this number and half are below it. This ...

Low Mortgage Rates Still Prevail; Foreclosure Notices Filed On A Downward SlideMortgage 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 to record home affordability," said Freddie Mac Chief Economist Frank Nothaft. In Northern ...

Source: NVAR.com NAR Reports: Housing Affordability Still A Plus; Slow Improvements Occurring In The Economy: Unemployment Still In Need Of A Boost NationwideLawrence Yun, NAR chief economist, said historically high housing affordability is boosting sales activity. “In addition to exceptional affordability conditions, steady ...

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/  5 Tips for Choosing Homeowners ...

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 areas, according to CoreLogic, a real estate data company. source: Washington Business ...

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.   So how is the local housing market doing now that the first quarter of 2010 ...

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, which extends west and north of Fairfax County, average home prices spiked more than 18 ...

  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 Must Hire Tens of Thousands of New Workers to Fill Mission-Critical ...