As we have said month after month, prices in Centreville are moving up and have been for the past 18 months. The increased confidence has created a growing trade-up market and that is pushes the prices statistics up at a rapid rate. With today’s interest rates at or near all time lows, even with the rising prices, the average house payment is getting cheaper. So what’s not to like?
The days of sitting down with the Sunday paper to browse for a new place to live are over. The Internet is now an extremely powerful tool to help people search for a new place to call home. Personally, I’ve found my last three apartments online. With everything right at my fingertips it’s easy to search and sort through hundreds of listings, view pictures, take virtual tours and contact someone for more information all within minutes.
Increasing consumer confidence combined with historically low interest rates have combined to help make it fun to trade up to a larger house again. Homeowners with equity are finding good demand for their homes and are happy with the supply of higher priced houses they have to choose from. Prices in Leesburg reflect this new healthy and stable market.
For the month of May, the average sales price in Gaithersburg got back onto its slow steady rise in average sale prices. Thus the average rose from $330,231 to $345,753. For the first time in a long time, prices in Gaithersburg are beating their one year ago comparisons. Below you’ll find statistics as well as a full report for Gaithersburg, Maryland.
Trying to decide on what part of a new city to live in is an extremely important decision. The area you choose can totally influence how comfortable you are, shape the first experiences you have in your new city and affect your overall happiness– this makes it crucial you pick the right place.
Privacy, or more specifically the confusion surrounding privacy, on Facebook has been the focus of much media attention and user distress in the past few months. Facebook has changed settings and auto-enabled features without notifying its users and left many feeling their privacy on the social network is in jeopardy. In response, Facebook has launched new privacy settings that give users significantly more control over their personal information
A storm approaches. It makes landfall just before dawn. Cold, bitter winds drive the storm inland. Real Estate birds are driven from their perches, jarred by the approaching tempest. Taking flight, they twitter vociferously about anything, everything. Wave upon wave of fan pages crash upon the shore, unleashing their fury upon the berms of relevancy. The blogosphere is buffeted unrelentingly; unfiltered messaging rains down from the heavens, over-saturating the once fertile soils of digital possibility...
Here we are Post-Tax Credit. The predictions of Doom & Gloom seem not to have panned out. Folks are still buying and selling as they have for generations, without government subsidies. Today’s prices are still great values and affordability is at historic highs due to exceptionally low interest rates. Sterling has been an active market and the price increases and reduced selling time are proof of that.
Our crystall ball is officially in the shop getting worked on! Today's real estate market is constantly changing. We used to have a pretty good idea what the next couple months were going to look like in any given year, but nowadays, that is simply not the case!
After rising steadily from the bottom of the price cycle in December 2008, Ashburn, based on these statistics, is the rock of stability, despite this big one month spike in average sales price.Supply is growing, but so is demand. A six month supply is considered a balanced and healthy market. At the present rate of sales Ashburn has just over a four month supply.