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Archive for August, 2009

Thanks to Lisa Burrow from Virginia Beach for forwarding me this article: Good Morning America cited data from Zillow this morning which heralded Virginia Beach as the number one place, and Richmond as the number seven place, to buy a home right now. When buying a home, according to Zillow, buyers should “look for communities [...]

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Congratulations to Renata Snapko, Associate in our Arlington office, who was quoted in The Washington Post this past Saturday. The article discussed the tough choices sellers make in this market, with some pulling their properties off the market or waiting to sell altogether. Here’s where the article picks up: Renata Snapko, an agent with RE/MAX [...]

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From the Washington Business Journal: The number of homes sold in Northern Virginia was up 10.55 percent in July over the same month last year, with units spending less time on the market. A total of 2,053 homes worth $946.04 million were sold in Northern Virginia, according to Rockville-based market research firm Metropolitan Regional Information [...]

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I’ve been away at the Inman Conference this week. In my absence I thought you’d be interested in a short list of U.S. Cities With the Most Underwater Mortgages. The list was compiled by Zillow and CNBC reported on the top fifteen, all of which were in California, Nevada, Arizona and Florida. Here are the [...]

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…Well some of our neighbors are. CNBC ranked the states with the most millionaires (compared to all households in the state). All three of our jurisdictions appeared on the list of the top fifteen. The study defines millionaire households as those with $1 million or more in investable or liquid assets (excluding sponsored retirement plans [...]

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Time for a deeper look into the Realtor Magazine Top 100 Companies list. Let’s compare traditional companies that made both lists. Let’s first check out Average Transaction Sides per Salesperson for companies in our markets: Prudential Carruthers: 4 NRT, LLC (Coldwell Banker Residential Brokerage): 5 Long & Foster: 5 Rose & Womble: 7 List Average: [...]

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We have a guest Blogger today. JW Grodt is the Branch President and Managing Broker of the 100 Associates in the Burke and Fairfax offices. I have often wondered why RE/MAX Associates always out produce other agents. You see it again and again in stats, regardless of where you find them. I came up with [...]

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