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Archive for the ‘Market Stats’ Category

The number of homes sold in Northern Virginia rose 11 percent in March, as buyers continued to take advantage of falling prices. During the month, 1,384 homes were sold in the area, which includes the cities of Alexandria, Fairfax and Falls Church as well as the counties of Fairfax and Arlington, according to Rockville-based market [...]

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Check out the most recent MRIS listing and pending reports. Pending sales are up nearly fifty percent over a year ago while listings are down nearly twenty percent. The Listing chart is first. Pending Chart:

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The number of homes sold in Northern Virginia spiked 39 percent in January, as more buyers took advantage of falling prices. During the month, 998 homes were sold in the area, which includes the cities of Alexandria, Fairfax and Falls Church as well as the counties of Fairfax and Arlington, according to Rockville-based market research [...]

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Of the Top 10 highest volume real estate offices in Washington, D.C., Fairfax County, Alexandria City , Arlington County, Montgomery County and Prince George’s County market, RE/MAX Allegiance’s Leesburg Pike office is the most productive with 9.7 sales per Associate.. Congratulations to Barbara Dill, Phil Bolin and the Associates of the Leesburg Pike Office!

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Sales activity in Greater Northern Virginia (NVAR jurisdictions plus Prince William, Loudoun and the Greater Piedmont counties) for December 2008 continues to show an increase from 2007. The number of Greater Northern Virginia region homes sold in December was 3,032, a 48.63 percent increase from December 2007′s total of 2,040 sales.  This marks the ninth [...]

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Existing homes in Virginia, Maryland and D.C. are holding their value better when sold than houses nationwide. Sales are also ahead of the national pace. Total sales in the U.S. advanced 6.5 percent in December from November, according to the National Association of Realtors. Existing home sales in the South, a region that includes the [...]

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The nation’s capital leapfrogged London this year as the world’s best city for real estate investment. With the federal government on a path to grow bigger and increase spending, the new programs will need offices and its employees will need homes. Forbes magazine turned to the Association of Foreign Investors in Real Estate for the [...]

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REIN’s December 2008 is too big to post in the blog, so click here for the info.

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Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – jumped 6.5 percent to a seasonally adjusted annual rate1 of 4.74 million units in December from a downwardly revised pace of 4.45 [...]

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The following represents market share for November 2008, based on listing units, for Virginia MRIS listings. RE/MAX increased its market share lead over Long & Foster, which found itself at a two year low. RE/MAX: 14.99% Long and Foster: 13.9% Coldwell Banker: 7.37% Keller Williams: 6.99% Century 21: 5.29% Weichert: 4.84%

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