The housing rate in Northern Virginia (defined as Arlington, Alexandria, Fairfax County, Fairfax City, and Falls Church City) sold at a rate of 19.5% in September.  This number is down slightly from the previous month, but almost double the 10.5% rate from September of 2007.
The statistics continue to show an improving market.  The real test [...]

I will be attending the Northern Virginia Economic Summit this morning (Sept 11, 2008) put on each year by the Northern Virginia Association of Realtors. This meeting has become an annual event for me personally. It is a chance to hear from Economists who specifically study the economy in our region, and leaders who are [...]

What do various counties and cities charge for property taxes on homes in Northern Virginia?
The following figures are per $100 of assessed value in the tax year 2008:
Arlington County:  81.8¢
Alexandria City:  84.5¢
Fairfax County:  92¢
Falls Church City:  $1.03
Fairfax City:  79¢
Loudon County: $1.14
Prince William County:  97¢
Most of the rates I have listed above are “base rates.”  Most [...]

The Northern Virginia Real Estate market continued to be strong in July. This was the best July in several years, both in terms of units sold and percentage of units sold. There were 2056 in Northern Virginia (Alexandria, Arlington, Falls Church City, Fairfax City, Fairfax County) in July. Typically sales fall off [...]

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 [...]