November 2008 - Posts

Statistics on Northern Virginia.
25 November 08 10:24 PM | Elena & Kirill Gorbounov(a) | 0 Comments   
......5) Demand is on the Rise - In the third quarter 2008, mortgage applications climbed 13 out of 24 weeks and statewide the number of homes on the market has continued to decline since January — a sign that prices may begin to rise. 6) The Future Looks Brighter – Lower interest rates mean more buyers can afford to purchase, which means less inventory (supply vs. demand). Read More...
Third Quarter 2008 Sales Compared to Third Quarter 2007
04 November 08 10:08 PM | Elena & Kirill Gorbounov(a) | 0 Comments   
A comparison of Third Quarter 2008 Sales Compared to Third Quarter 2007: Northern Virginia Association: Sales up 15.4%. Median price down 18.9%. Prince William Association: Sales up 144.6%. Median price down 42.4%. Read More...