Congratulations to Brian Block, Branch Vice President of McLean and Arlington for being extensively quoted in the Connection newspapers and on its website. The article was regarding home price increases in May and a future outlook: Brian Block, a real estate broker and a lawyer, who heads the RE/MAX offices in McLean and Arlington, said [...]
Archive for the ‘Positive Economic News’ Category
Notable Quotable: Brian Block
Posted in Positive Economic News, RE/MAX Allegiance News, Notable Quotable, tagged RE/MAX Allegiance, RE/MAX, Brian Block, RE MAX Allegiance, RE MAX on June 23, 2011 | Leave a Comment »
DC Metro Third Quarter Price Gains
Posted in Positive Economic News on December 10, 2010 | Leave a Comment »
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.
Washington Area Unemployment Lowest in Nation
Posted in Positive Economic News on December 7, 2010 | Leave a Comment »
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 [...]
DC Home Prices Up as National Average Falls
Posted in Market Stats, Positive Economic News, Real Estate News on October 7, 2010 | 1 Comment »
The latest report on home prices shows a quarterly decline nationwide, but gains in median prices in the Washington market. The report, from real estate data provider Clear Capital, says median home prices nationwide fell 0.2 percent from the second quarter to the third quarter, but remain 2.4 percent higher than a year ago. By [...]
Perspective
Posted in Market Stats, Positive Economic News, RE/MAX Allegiance News, tagged RE/MAX Allegiance, RE/MAX, RE MAX Allegiance, RE MAX, Housing Prices, Unemployment, Median Housing Prices, Historic Interest Rates, Housing Affordability on August 26, 2010 | 1 Comment »
There’s been a lot of press this week about the national real estate market and doom and gloom. I wanted to provide some perspective and remind you that real estate is local and, overall, we remain in great shape and are lucky to be where we are. First, the national media reported that NAR’s figures [...]
Pending Home Sales Surge Continuing
Posted in Market Stats, Positive Economic News, tagged RE/MAX Allegiance, RE/MAX, RE MAX Allegiance, RE MAX on June 2, 2010 | Leave a Comment »
WASHINGTON (June 2, 2010) – Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator, rose 6.0 percent to 110.9 based on contracts signed in April, [...]
Washington Metro Area Second Strongest Economy
Posted in Positive Economic News, Real Estate News, tagged RE/MAX Allegiance, RE/MAX, RE MAX Allegiance, RE MAX, Policom, Washington Economy, DC Economy, DC Area Economy, Washington Area Economy on May 27, 2010 | Leave a Comment »
Washington, D.C. has the nation’s second-strongest economy out of 366 metro areas, based primarily on two decades’ worth of jobs and income data, according to a report released last week by economics research firm Policom Corp. Richmond was number 63. Virginia Beach was number 93. To compile its report, Florida-based Policom said it measured 23 [...]
Important FHA Update and Changes
Posted in Positive Economic News, Real Estate News, tagged Dave Stevens, Federal Housing Administration, FHA, FHA Streamline, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on November 15, 2009 | 1 Comment »
Brandon and I are at the NAR Convention and listened to FHA Commissioner Dave Stevens today. He is clearly engaged, understands the issues the industry faces and is on our side. Some highlights: – Beginning Monday, FHA will no longer require a second appraisal in declining markets! If you followed us on twitter (@remaxallegiance) you [...]
Washington Ties for First in Post Economic Downturn Destinations
Posted in Positive Economic News, tagged post-economic downturn destinations, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on October 6, 2009 | Leave a Comment »
Which cities are likely to be the hottest post-economic downturn destinations for young, brilliant, and highly mobile workers? The Wall Street Journal surveyed six trend-spotting experts and they chose cities based on economic diversity, lifestyle and their own personal prejudices. Here’s the top-10 list: 1. Washington, D.C. (tie) 1. Seattle 2. New York 3. Portland, [...]
Arlington Ranks Among America’s Ten Best Places to Find a Job
Posted in Positive Economic News, Selling Info, tagged RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on September 3, 2009 | Leave a Comment »
No U.S. cities have been untouched by the economic downturn, but some job markets have been better able to weather the storm. U.S. News & World Report examined a variety of data to identify cities where it’s easier to find a job than in many other places. The underlying strengths of the top cities vary [...]
