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What you should know before moving to Fairfax County

1.  Fairfax County is BIG. Our county has a larger population that 8 US States.  Fairfax is estimated to have 1.04 million people, making it the 37th largest county in the US. 2.  Fairfax is rich. I write that knowing many in Fairfax will bristle at the idea.  But, Fairfax has the second highest median household income in the nation at $106,785 right behind neighboring Loudoun County …

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Northern Virginia Real Estate Market Report through January 2009

January saw sellers chances of selling their homes improve steadily.  In the official Northern Virginia area, defined as Arlington, Alexandria, Fairax County, Falls Church City, and Fairfax City the supply of homes on the market declined to under 5 months.  This was due more to an increase in sales than a decline in listings. This January showed once again that the conventional wisdom about it …

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Sales Statisitics Update for January

Sales in Fairfax City in January remained sluggish with only nine of the 166 houses on the market going under contract. That is a 5% rate of sale, which implies a 20-month supply of homes on the market. That is in sharp contrast to the 14% rate houses are selling in Northern Virginia as a whole. The market seems to be picking up in general …