Due to a decline in capital reserves, the FHA will be increasing premiums again to FHA buyers who will be obtaining a loan as of April 1, Read more
Month: February 2012
You’ve heard me saying that inventory levels are incredibly low but now I can actually relate it in terms many of you will understand better: Read more
There is commonly some confusion between an appraisal and an assessment. It’s important to know the difference when you’re buying, selling, refinancing, or just in Read more
Average sale prices in January were over 10% higher than January 2011! Average days on the market fell to 77, while properties were averaging 93.97% Read more
A total of 42 properties sold in January in McLean. Of those 3 were bank owned and 4 were short sales. Properties were averaging 71 Read more
Falls Church City had an increase of 14.8% in the average sale price during January. Overall, Falls Church (the entire part, not just the City) Read more
Overall, average sale prices were up 9.86% in January over 2011. Undoubtedly fueled by the fact that inventory levels were down 12%, days on the market decreased Read more
Last week 49 states (Oklahoma is the hold out) reached a settlement with the five biggest loan servicers in the US as the lengthy investigation Read more
Brookwood Townhomes is a small 4-unit townhome community in Arlington with no HOA fee. These 4 townhomes are located on a cul-de-sac off of the Read more
The past few weeks have been incredible for our real estate market. Properties get listed for sale and shortly go under contract, lately with multiple Read more