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Northern Virginia Market Update

The Northern Virginia Real Estate market again sustained its recent strength in June with 20.14% of the available inventory going under contract. This is the third straight month that we have sold more than 20% of the inventory. This surprised me because the market typically sells fewer homes in June than in April or May. Last month was our best June in several years. Below …

Fairfax City Real Estate Market Update

In June, the Fairfax City Real Estate market had it’s best month since June of 2007.  19% of the available inventory went under contract last month.  The chart below has the statistics from the past two years on a month by month basis for Fairfax City home sales. Related Posts:5 Highest Priced Home Sales in Northern Virginia in 2010Seaching for a House near a Metro …

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3 Keys to ensure your Buyer’s Agent is really on YOUR Side

Almost all home sales in Fairfax and other areas of Northern Virginia involve a buyer’s agent. A buyer’s agent is bound legally and ethically to look out for the best interests of the buyer in a real estate transacton, but they are not always motivated to give you all the effort and attention you desire.  If you buy a home, it is to your benefit to work with …

Reaction to Fairfax County Foreclosure Plan

I posted yesterday about Fairfax County’s plan to buy and help others buy foreclosures in the county. NBC 4 did the following report on the issue, which includes the viewpoint of those against the plan on the Fairfax County Board of Supervisors. Click the link below to watch it. NBC 4 Video on Fairfax County Foreclosure Plan Related Posts:What you should know before moving to …