Market activity can vary from one property type or price range to the next.
For the 12-month period spanning July 2010 through July 2011, Pending Sales in Prince William County were down 20.49% from the same period a year prior.
The Springfield area is undergoing significant change in the commercial real estate realm. With the opening of the National Geospatial Intelligence Agency and the Mark Center as part of the BRAC operation, several defense related government contractors have moved into commercial space from Alexandria to Fort Belvoir.
Great cities in this country are known for having wonderful urban oases. New York has Central Park, San Francisco has Golden Gate Park and Chicago has Lincoln Park.
In Washington, D.C., everyone knows about the city’s two largest and most popular escapes.
Wow, what’s going on in Bristow? Coupled with Gainesville ,they are Prince William County’s hot spots! Sales volume is up 26% year over year. While much of our area saw a decline, and Prince William County overall only showed slightly over 1%. Foreclosures are down over 55% from last year. The strong growth is driven by the number of newer homes on the market as well as reasonably priced new construction.
We are really at such an interesting time in real estate. Well, I guess that is one word you can use to describe it! Our monthly statistics are all over the place. One month it looks like we are going to head towards a trend and the next month the numbers are all different!
Washington, D.C.’s cultural scene surpasses many cities in this country. The area boasts a plethora of excellent galleries and museums.
But if it’s possible, this city has a phenomenal aspect of the art world that is often overlooked: theater. Within the city limits, the District of Columbia has three top-notch theaters that anyone in the area would be remiss to miss.
The editors of Money Magazine have rated North Potomac #3 on the Best Places to Live list. WOW! North Potomac was created in 1988 from the cities of Gaithersburg, Potomac and Rockville and lies parallel to the Potomac River.
As summer quickly flies by, it’s important to make sure you check off all the “must do’s” on your warm weather list. And while vacations and beach trips top of most of our lists, outdoor concerts are usually a close second.
This summer, I was fortunate enough, in the span of just one week, to visit an outdoor concert venue not just once, but twice.
Centreville continues to mirror the Fairfax County market. Centreville showed a 5% decline in average sales price over July 2011, while the county overall showed a 3.25% decrease. This appears to be only a slight “hiccup” in our overall stable market. June showed a healthy increase, and overall the trend is still going upward for the year.
Summer is quickly winding down in D.C. While that means a relief from the sweltering heat, it also sadly means an end to the numerous free and outdoor events held in the summer months. However, the month of August is full of excitement, with events everyone should attend before the leaves start to turn.