August was the fifth strong month in a row for the Northern Virginia real esate market, which includes Arlington, Alexandria, Fairfax, and Falls Church. In years past, we typically see the market absorption rates slowing this time of the year, but August remained above the 20% threshold. This translates into a 5 month market for [...]
The Fairfax City real estate market finally caught up with the larger market surrounding it in August. I ave been a little puzzled the last few months how this very small market in the middle of a very large market (Northern Virginia) could consistently lag it in the percentage of homes sold. In August Fairfax [...]
There is a little debate going on among Realtors about the advisability of buyers looking at, and bidding on short sales. Short sales are homes that are for sale that the owners owe more money on than they are listing the house for. They are NOT planning on making up the difference, but are asking [...]
Fairfax City continues to lag behind Northern Virginia as a whole in terms of percentage of homes going under contract. In May, 15% of the homes for sale in the City of Fairfax went under contract compared to over 20% for all of Northern Virginia. Fairfax City numbers did improve in May, both compared with [...]
Fairfax County has completed their work on a map of good bike routes in in and around Fairfax. The map is available online and at the Fairfax County Government Center in paper format. The two links below are each half the map, and are extremely large .pdf files, so be on a high speed connection [...]
The Virginia Association of Realtors is hosting a Blogger Brawl it is a tournament style competition to see which Real Estate Blogs people like (or at least vote for). I’d appreciate your vote for OurFairfax.com. You can vote at the VAR Buzz Blog. Thanks for your vote. Related Posts:Reading Real Estate Listings with a Contrary [...]
