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Archive for December, 2010

Congratulations to the honorees at last week’s Northern Virginia Association of Realtors 2010 Appreciation and Recognition Program!

RPAC Major Investors:
Golden R ($5000)
RE/MAX Allegiance

Sterling R ($1000)
Julia Avent (Arlington)
Robyn Burdett (Reston)
Susan Mekenney (Leesburg Pike)
John Meyer (Leesburg Pike)
Vicki Nellis (Burke)
Zinta Rodgers (Fairfax)

Pioneer Club (NVAR members for a minimum of 25 years):
Ali Ali (Arlington)
Penny Cornett (Georgetown)
Ray Gernhart (Leesburg Pike)
Clare Grana (Reston)
June LaMarca (Burke)

NVAR Leadership Institute Class of 2010
Brian Block (McLean)

2010 Leadership Team
Susan Mekenney – Nominating Cmte (Leesburg Pike)
Zinta Rodgers – RPAC Trustees (Fairfax)

2010 Officers
Susan Mekenney – Immediate Past Chairman (Leesburg Pike)

2010 Directors at Large
Julia Avent (Arlington)
Robyn Burdett (Reston)

2011 Directors at Large
Julia Avent (Arlington)
Robyn Burdett (Reston)

2011 Leadership Team
Zinta Rodgers – RPAC Trustees (Fairfax)

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Washington was one of only two metropolitan areas to see housing price gains in the third quarter.

Median prices were up 1.5 percent from the previous quarter and up 7.5 percent from a year ago. Nationwide, home prices were down an average of 5.8 percent in the third quarter, when compared to the second quarter.

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The unemployment rate in the Washington area remains the lowest in the nation among big cities, falling to 5.8 percent in October, from 5.9 percent in September.

Washington is the only major area in the country with an unemployment rate below 6 percent, with a tighter labor market than the next four-lowest unemployment rates, in Oklahoma City, Minneapolis, Austin and Boston.

As discussed previously and at the convention, several of our markets have even lower unemployment than is mentioned here.

Source: Washington Business Journal

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