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northern virginia economic outlook: Washington D.C. Area Economy is Unique: Look at This Presentation - 09/29/10 02:55 PM
The other week I attended the 14th Annual Economic Summit hosted by the Northern Virginia Association of REALTORS.  Before attending the Summit, I posted Get Ready for Some Economic Predictions (Prognostications) This Week!  I had meant to update you with some of the information from the Summit that week, but was getting ready for and then left for vacation.
Here's a few soundbites from the Summit which discussed the Northern Virginia regional economy and housing market:
"Nationally, 25% of FHA loans have family gift money involved.  In Northern Virginia, only 15%"
"Over 40% of people who go into foreclosure have never … (5 comments)

northern virginia economic outlook: Less than Half: Unemployment in Northern Virginia - 02/22/10 04:56 PM
Want some great news?  Who doesn't?
The U.S. Bureau of Labor Statistics released an unemployment report today that examined the rates of unemployment in the Northern Virginia counties and cities.
Unless you've been living under a rock, haven't turned on the t.v., read a newspaper, been on the internet, or walked down the street in the last 6 months, you're aware that the unemployment rate in the United States has skyrocketed to the 10% region.
Well, in Northern Virginia, most areas are doing quite well when it comes to employment statistics, and some counties, like Arlington, Fairfax, and Loudoun are doing … (7 comments)

northern virginia economic outlook: The Prognostication of the Economists - 09/24/09 11:43 PM
Economists prognosticate. That's just what they do.  There's plenty of talking heads on television that babble on and on about the national real estate market.  I've got news for you.  There's no such thing as the national real estate market.  Sure, there's national statistics about the housing market, but there ain't no national market! (excuse my grammar) So, we're stuck with the local market.  If you live in Northern Virginia or the D.C. metropolitan region, that's a good thing, since we've got the best market in the country.  Sure, we've suffered some along with the rest of the country throughout this … (3 comments)

 
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Brian Block -- Northern Virginia & D.C. Real Estate

McLean, VA

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RE/MAX Allegiance, Managing Broker/Branch Vice President

Address: 6226 Old Dominion Drive, McLean, VA, 22101

Office Phone: (703) 626-0715

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