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 ...

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 ...

  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 ...

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 were signs that “economic life was getting back to normal.” ...

Some cities are likely to recover more quickly from the housing downturn than others. Forbes magazine has identified the top 10 cities that it believes are poised for recovery by examining unemployment figures, projected gross domestic product from Moody’s Economy.com, and housing affordability data from the National Association of Home ...

RISMEDIA, May 20, 2009-Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The HOI showed that 72.5% of all new and existing homes sold in the first ...

Northern Virginia: April 2009 The Northern Virginia Association of Realtors® reports on April 2009 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.A total of 1,544 homes sold in April 2009, a 6.12 percent increase above April 2008 home sales ...

The 200-400k price range inside and around the beltway is still very hot right now.  There was a property that came on the market Monday night in Burke.  I showed it Tuesday afternoon around 3:30 and there were two other agents showing the property when I was there.  I called the agent around 5 pm and there were already 4 contracts ...

Virginia is one of the most economically resilient states and shows good prospects for recovery, according to the American Legislative Exchange Council. A new report by the ALEC ranks Virginia No. 4 in economic outlook. Maryland is ranked in the middle of the pack at No. 28. ALEC’s rankings of the 50 states are based on the balance between ...