If you’re a homeowner seeing property values plummet, look to the commercial real estate market for solace. It might tell you which areas will recover fastest–and which will likely remain weak. The Urban Land Institute recently asked 700 real estate professionals to name the best (and worst) places to invest in commercial real estate in [...]
Archive for November 4th, 2008
Real Estate Markets Most Likely to Rebound
Posted in Positive Economic News, Real Estate News, Selling Info, tagged DC Real Estate, Good Economic News, Housing Market, Housing Rebound, Housng Sales, Maryland Real Estate, RE/MAX, RE/MAX Allegiance, Virginia Real Estate on November 4, 2008 | Leave a Comment »
Virginia Third Quarter Housing Report Continued
Posted in Listing Info, Market Stats, Positive Economic News, Real Estate News, Selling Info, tagged Blacksburg Real Estate, Fredericksburg Real Estate, Hampton Roads Real Estate, Harrisonburg Real Estate, Housing Market Stats, Housing Stats, Loudoun Real Estate, Northern Virginia Real Estate, RE/MAX, RE/MAX Allegiance, Richmond Real Estate, Roanoke Real Estate, Virginia Ecomony, Virginia Economic News, Virginia Housing, Virginia Housing Stats, Virginia Real Estate on November 4, 2008 | Leave a Comment »
Compared with last year, sales were up in many of our Virginia markets with prices falling. Foreclosures are helping to churn the market. Here’s a quick breakdown of Third Quarter 2008 Sales Compared to Third Quarter 2007: Dulles Area Association: Sales up 27.3%. Median price down 23.4%. Fredericksburg Association: Sales up 15.7%. Median price down [...]
