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 [...]
Archive for the ‘Positive Economic News’ Category
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 »
DC Area Home Prices Up Double the National Average
Posted in Market Stats, Listing Info, Positive Economic News, Real Estate News, tagged RE/MAX Allegiance, RE/MAX, Positive Economic News, RE MAX Allegiance, RE MAX, Case Shiller, Repeat Sales Pricing Technique on August 25, 2009 | Leave a Comment »
D.C.-area home prices rose 2.85 percent in June from May – double the national advance of 1.39 percent as measured by the S&P/Case-Shiller survey of 20 major U.S. cities. In the past three months, D.C.-area home prices rose at an annualized rate of 21.8 percent, more than four times the national advance of 5.3 percent [...]
Home Sales Jump in Metro DC
Posted in Market Stats, Listing Info, Selling Info, Positive Economic News, Real Estate News, tagged RE/MAX Allegiance, DC Real Estate, RE/MAX, Northern Virginia Real Estate, DC Housing Market, RE MAX Allegiance, RE MAX, Northern Virginia Real Estate Stats, MRIS, Montgomery County Real Estate, Montgomery County Real Estate Stats, Prince George's County Real Estate, Prince George's County Real Estate Stats, DC Real Estate Stats on August 10, 2009 | Leave a Comment »
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 [...]
US May Home Prices Up, First Increase in 3 Years
Posted in Positive Economic News, Real Estate News, tagged RE/MAX Allegiance, RE/MAX, Positive Economic News, Good Economic News, Housing Market, RE MAX Allegiance, RE MAX, Good on July 28, 2009 | Leave a Comment »
U.S. single-family home prices rose in May from April, the first monthly increase in nearly three years, suggesting prices may be stabilizing, according to Standard & Poor’s/Case Shiller home price indexes Tuesday. The annual rate of decline for the 10- and 20-city indexes improved for the fourth straight month, though prices have still tumbled by [...]
AP: Housing Sector Finally Coming Back to Life
Posted in Positive Economic News, Real Estate News, tagged RE/MAX Allegiance, RE/MAX, RE MAX Allegiance, RE MAX, New Home Sales, Housing Shortage Coming on July 27, 2009 | Leave a Comment »
The mainstream media is finally beginning to catch on to what we’ve noticed for weeks: The housing market is coming back. Yesterday’s unexpected news that new home sales jumped 11% in June, its highest gain since 2000, prompted the media to realize the worst may be over. The Associated Press was quoted as saying: The [...]
Housing Prices Rise in May
Posted in Positive Economic News, Real Estate News, Selling Info, tagged Federal Housing Finance Agency, Home Prices, Housing Market, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, US Home Prices on July 27, 2009 | Leave a Comment »
Another reason for your buyers to get off the fence: Average U.S. home prices have started to rise, according to a monthly report from the Federal Housing Finance Agency. FHFA says U.S. home prices rose 0.9 percent from April to May. The biggest gains were in the battered Pacific region, where average prices were up [...]
Housing Experts: Now Is a Perfect Time to Buy
Posted in Positive Economic News, Real Estate News, tagged RE/MAX Allegiance, RE/MAX, Positive Economic News, Good Economic News, RE MAX Allegiance, RE MAX, Marc Roth, Now Is a Perfect Time to Buy on July 20, 2009 | Leave a Comment »
Don’t forget to remind potential buyers of something that is obvious to real estate professionals: Now is the time to buy, but that opportunity may be slipping away. For people who have a job and money, a dream house is within reach, writes Marc Roth, founder of Home Warranty of America and a columnist for [...]
Northern Virginia Homes Sales Steadily Rise
Posted in Positive Economic News, Real Estate News, RE/MAX Stats, tagged RE/MAX Allegiance, RE/MAX, Positive Economic News, NVAR, Arlington Real Estate, Alexandria Real Estate, Fairfax Real Estate, Northern Virgina Real Estate, RE MAX Allegiance, RE MAX on July 13, 2009 | Leave a Comment »
Northern Virginia Realtors say the homebuyers’ market may be starting to stabilize. The Northern Virginia Association of Realtors noted that average second-quarter sales prices have climbed steadily from $405,514 in April, to $433,257 in May and $451,345 in June. The group’s report shows area homes selling faster than last year, with the average days on [...]
Freddie Mac Allows Refinancing of 125% of Home Value
Posted in Positive Economic News, Real Estate News, tagged RE/MAX Allegiance, RE/MAX, Freddie Mac, RE MAX Allegiance, RE MAX, Making Home Affordable, Loan to Value Ratio 125, Relief Refinance Mortgages on July 1, 2009 | Leave a Comment »
Freddie Mac announced Wednesday that it would offer loan-to-value ratios on home mortgage refinancings of up to 125 percent for qualified borrowers. The announcement comes as the Obama administration raised the maximum allowable loan-to-value (LTV) ratio from 105 percent. As a result of this change, qualified borrowers will be able to obtain McLean-based Freddie Mac’s [...]
Two Allegiance Markets Among Top 10 Places to Start Over
Posted in Positive Economic News, Real Estate News, tagged RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, Top 10 Places to Start Over on June 25, 2009 | 1 Comment »
Some parts of the United States have been less affected than others by the economic downturn. “If people are looking for a job and they’re in Detroit, they’re in the wrong place. They need to be considering geographic mobility,” says Ernie Goss, professor of economics at Creighton University in Omaha. BusinessWeek magazine, with help from [...]
