AveryHess, Realtors® Blog

Capital Fringe Festival Brings Avant-Garde Art to Washington, D.C.

Seven years ago, a dedicated group of people banded together to form one of the quirkiest and most innovative non-profit Washington, D.C. has ever seen. And what may have seemed like something better suited for San Francisco, has instead been a resounding success.

Capital Fringe was founded in 2005 and their lone goal was to create a more avant-garde atmosphere for the arts in what’s typically viewed as a staid town.

Prince William County, VA Market Report – 7/24/12

As you can see by the statistics below, buyers are really getting squeezed on finding something to buy. We have a classic supply and demand situation. After years of excessive inventory and weak demand causing falling prices, now we have the reverse.

There are fewer houses to buy, so homes are selling faster, and prices are getting pushed up. And this causes buyers lose their ability to negotiate and make demands. Buyers begin to accept small deficiencies in the property that they would not have when there was more to choose from.

Ashburn, VA Market Report – 7/23/12

After a dismal start to 2012, Ashburn has shown a remarkable recovery in the 2nd quarter. Sold units have increased over 100% and median sales price well over 25%. This mirrors the same great stats for Loudoun County. Ashburn continues to be the benchmark for Loudoun County, producing over 35% of Loudoun County’s sales volume and maintaining a average sales price nearly 20% above the County’s average.