People talk about the national market like it's some static thing, like a toaster. The thing is, there is no national housing market. Just like there is no national weather forecast.
If you thought you heard the sounds of heavy bass and thumping beats emanating from near Washington, D.C. on Wednesday night, you weren’t mistaken. One of the largest acts in electronic music history took the stage at one of the best venues in the area.
Looking at these Statistics for Frederick County Maryland, the picture of September 2010 vs. September 2011 does not look favorable. The only gain seems to be in Days on Market, and no one wants to see that, except for the savvy real estate buyer/investor.
If you have driven around the Beltway through Tysons Corner recently you may have had plenty of opportunity to observe the degree of construction as you crawled along through narrowing lanes and gridlock, and changing exit ramps.
There’s just a week and half until to the spookiest season of the year. Halloween is one of the few times where both kids and adults get to act like children, and in Washington, D.C. and the surrounding areas, there are an unlimited number of activities to indulge your ghoulish side.
Ending the 3rd Quarter, the Leesburg Market has seen a resurgence of the average sales price, up nearly 16% over September of last year. 2010 saw this market hit extremely hard with foreclosures.
The weather in the DC Metro area has been dreary for the past few days, but this weekend is supposed to bring sunshine. That means cooped up adults and families alike will be anxious to head outside, especially in what is usually best month for outdoor activities.
Rain, rain go away, come again another day! Boy has this last month been rainy! I don't ever remember a fall quite like this one! I am hoping that the weather has had something to do with our statistics because the numbers are a bit dreary too!
As the old saying goes, “real estate is local.” This certainly holds true as we listen to the evening news and read about the market conditions throughout the country.
Most of the major markets are still suffering the effects of the downturn in the economy fueled by the unprecedented number of foreclosures and short sales.
Moving into Fall of 2011, the Sterling Market has seen a great resurgence of the average sales price -- up nearly 16% over August, 2010. 2010 saw this market hit extremely hard with foreclosures.