January 2009 - Posts

Northern Virginia Home Sales Report - from December 2008
28 January 09 12:21 PM | Elena & Kirill Gorbounov(a) | 0 Comments   
January 28th, 2009 The number of Greater Northern Virginia region homes sold in December was 3,032, a 48.63 percent increase from December 2007’s total of 2,040 sales. This marks the ninth consecutive month of increased year-over-year sales totals for Greater Northern Virginia. The average sales price of $334,239 in December 2008 continues to lag behind the 2007 average by about 31 percent. The December 2007 average sales price was $484,310. Across Greater Northern Virginia, the number of listings showed a decrease from 2007 numbers, with 15,890 listings active, which is 22.28 percent less than this time last year, when 20,445 homes were available. The average DOM for a home sold in December 2008 was 100 compared with last year’s 114 DOM, a decrease of 12.43 percent. Source: NVAR Read More...
Mortgage Rates Update - January 25th
25 January 09 12:20 PM | Elena & Kirill Gorbounov(a) | 0 Comments   
January 25th, 2009 According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage fell to 5.29 percent in December from 6.09 percent in November; the rate was 6.10 percent in December 2007. Last week, Freddie Mac reported the 30-year rate was 5.12 percent. Read More...
Government tax credit to first time Home-Buyers
20 January 09 12:18 PM | Elena & Kirill Gorbounov(a) | 0 Comments   
January 20th, 2009 Government is giving a $7,500 tax credit to first time Home-Buyers!!! Please visit the IRS links to learn more:http://www.irs.gov/taxtopics/tc611.html http://www.irs.gov/newsroom/article/0,,id=187935,00.html Read More...
Buyer's Seminar
09 January 09 12:16 PM | Elena & Kirill Gorbounov(a) | 0 Comments   
January 9th, 2009 In the New Year we wish you sunshine, rainbow, love, success, health, and lots of smiles! On Monday (Jan 12th) a Real Estate Seminar will be held... the market will be explained along with all concepts followed by the Q & A session. Read More...

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