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.” ...

May 2009 Statistics Forecasters Say Recession Nearing EndNinety 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 of economists and found that the recession is expected to end in the third quarter of 2009; ...

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 ...