The Northern Virginia market is currently experiencing the lowest inventory levels we’ve seen in the past 5 years. Prince William County and the Bristow market are also seeing low inventory levels.
This week marks the beginning of the Chinese New Year, one of the most important holidays in Chinese culture. The year of the dragon officially began last Monday on their New Year's Day. But unlike the Western New Year, the celebration doesn’t end the day after the clock turns midnight. No, the Chinese New Year is a two-week long festival that’s still going on.
December ended with a bang! While December is typically a slow month, the last couple of years have changed a bit.
Spotsylvania ended the year with an 18.75% increase in closed sales, a 5.58% increase in median sales price, a -17.86% reduction in days on market and a 21.21% increase in detached units sold! That is fantastic news!
Living in the metro DC area, we are pretty spoiled when it comes to travel options.
We can jet off on bargain flights from Reagan National or Dulles Airport, avoid the endless hours of commuting traffic using the Metro or Amtrak, or sit just back, relax and let someone else do the driving on a bus.
Chevy Chase, Maryland is both a town and an unincorporated city. It is primarily a residential suburb with high end shopping, restaurants and luxury living in single-family homes, rental apartments and condos.
The Centreville market has seen a 10% decline in average sales price from December 2010, while Fairfax County has also seen a reduction of 2.3%. Centreville is one of 3 markets in Fairfax County with a high percentage of townhouses and lower priced detached homes.
This Monday, January 16th, federal workers and many private sector employees will have the day off work, in honor of the life of Dr. Martin Luther King, Jr.
Martin Luther King, Jr. Day falls on the third Monday of January and has been a federal holiday since 1986.
They say the only thing constant is change.
Tysons Corner is going through changes and there is no doubt about it as you pass by on the Beltway. Just when you think you’ve gotten the roads figured out, they change. But don’t worry, this too shall pass.