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Trulia American Dream Survey – Fall 2011

October 4, 2011 By Leave a Comment

 

Bye, Bye To The American Dream? No Way!

Despite another lackluster year for real estate, 80% of homeowners still plan to buy again and 59% of renters still aspire to own their own homes. Through the American Dream survey, Trulia has tracked consumer attitudes on homeownership and homebuyer preferences since 2008. This online survey was conducted by Harris Interactive between Aug 30-Sept 1, 2011.

by the Trulia Insights Team

More details: http://insights.truliablog.com/2011/09/trulia-american-dream-survey-fall2011/

 

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Filed Under: About the Market, Buyers, Poll, Real Estate Investment

Market stats for Fairfax County for the month of November 2010

December 21, 2010 By

Market Conditions for Fairfax County, Virginia

Fairfax County is a huge geographic area with many well established neighborhoods and a desirable proximity to DC and surrounding Metro areas, and is a sought after location with it’s central access to employment, shopping, and transportation opportunities.

Here are some market stats for Fairfax County for the month of November 2010:

In November, the total number of active listings on the market in Fairfax County was 2,790. Of those active listings, the minimum list price was $40,000 while the maximum list price was $9,997,000. The average list price was $701,747. The average number for property days on the market is 126.

The number of listings under contract was 990. Of those listings under contract, the minimum list price was $39,000 while the maximum list price was $4,475,000. The average list price was $436,232. The average number for property days on the market was 65.

The number of listings that were sold & settled in November was 897. Of those listings sold, the minimum list price was $39,900 while the maximum list price was $3,925,000. The average list price was $473,553. The average number for property days on the market was 62.

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Filed Under: About the Market, Buyers, Featured Posts Tagged With: , , ,

2010 – 2Q home sales — Northern Virginia

August 17, 2010 By Leave a Comment
2010 - 2Q home sales — Northern Virginia

The home sales numbers are in for the second quarter of 2010 (April 1 through June 30), and the news is good, but the outlook may not be.

  • Sales are up.
  • Prices are up.
  • Pending sales were up in June.
  • Days on market are down.

The unemployment rate is slowly going down. Several major corporations will be keeping, moving, or opening facilities in the Commonwealth. But there are clouds around those silver linings: Foreclosures are up in most of the state — 14% overall from the second quarter of 2009; only Northern Virginia saw a drop from year to year, while the Southwest and Central Valley regions were hit particularly hard.

And then there’s the end of the homebuyer tax credit. This past quarter was the last in which buyers could get up to $8,000 from the government for buying a home.


2010 - 2Q home sales — Northern Virginia

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Filed Under: About the Market, Buyers, Featured Posts, Sellers Tagged With: , , , ,

Herndon, Virginia

August 2, 2010 By
herndon

Herndon, Virginia is an incorporated city still sought after for suburban dwellers wishing to have easy access to Washington, DC. erndon is part of the Dulles Technology Corridor, which Fortune magazine named the “Netplex” because of the presence of the headquarters of such companies as AOL, Verizon Business and Network Solutions.

Herndon contains the Herndon Depot Museum, the site of “Mosby’s Raid on Herndon Station”. The raid was a Civil War skirmish that took place on St. Patrick’s Day in 1863. Also within the town is a golf course, community center with basketball and racquetball courts, and an aquatic center. Adjacent to the community center is Bready Park, with indoor tennis courts. Additionally, every residence within the town borders is within a mile or less of a public park.

Nearby attractions include the Steven F. Udvar-Hazy Center of the National Air and Space Museum (which houses the Enola Gay B-29 Superfortress, a Concorde supersonic passenger airplane, an SR-71A Blackbird plane and the Space Shuttle Enterprise), Frying Pan Park, Sully Plantation, Reston Town Center, Mount Vernon, Wolf Trap National Park for the Performing Arts, Colvin Run Mill, Aldie Mill, Oatlands Plantation, Manassas National Battlefield Park and the Washington and Old Dominion Trail (which runs through the town).

Location Map








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Filed Under: About the Community, Slider Tagged With: , ,

Virginia foreclosures up in 3rd quarter

October 21, 2009 By Leave a Comment

Foreclosure activity in Virginia rose 4.1 percent in the third quarter of 2009, according to RealtyTrac — and in September, foreclosures were up 10 percent over 2008.

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