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northern virginia housing inventory: Turning Point of the Year - 1,944 More Northern Virginia Homes on the Market! - 05/24/11 05:45 PM
While 2011 is not quite half over, Memorial Day weekend typically represents a turning point in the year for most people. According to traditional fashion etiquette, you are now allowed to wear white clothing, shorts, and linen. Most people and communities open up their swimming pools in Northern Virginia over the Memorial Day weekend and there's the smell of outdoor barbeque in the air!
Memorial Day can also represent a turning point in the momentum of the real estate market. Spring & Summer are traditionally the busiest times for real estate sales, as it's easier to market a home in the … (1 comments)
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northern virginia housing inventory: LOW INVENTORY ALERT: It's Time to Sell Your Home in Northern Virginia! - 03/17/11 04:06 PM
ALERT! ALERT! ALERT! Northern Virginia Housing inventory is at very low levels. A "normal" or balanced market means that there is 6 months of inventory of houses on the market. More than 6 months inventory favors buyers who have lots of homes from which to choose. Less than 6 months inventory favors sellers who can take advantage of the lack of inventory to entice the buyers to buy their home.
I see these low levels of housing supply every day, whether it's realizing that I've shown a buyer every home that meets their criteria and there's nothing left, facing multiple offers … (5 comments)
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northern virginia housing inventory: The Case of the Evaporating Homes! - 02/28/11 04:57 PM
"We've looked at everything in our price range!"
"I wish there were more homes available."
"Isn't there anything else on the market?"
Roam the offices of real estate agents in Northern Virginia today and they'll tell you, search all the homes on the MLS, or browse through your favorite neighborhoods and you'll have just one query:
"WHERE'S THE INVENTORY?"
As the warm weather approaches, and you begin to shed your turtlenecks and scarves, you'll see that there are buyers out there looking for homes. You may even fall into this category. There's just one problem: Namely, there's not enough homes … (6 comments)
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northern virginia housing inventory: Stop What You Are Doing and Sell Your House: Inventory is Still Very Low in Northern Virginia - 03/16/10 04:05 PM
Three and a half months ago, I wrote Stop Thinking About It. It's Time to Sell Your House. Inventory is Very Very Low in Northern Virginia
I'm not one of those agents who's constantly running around saying "It's a good time to buy. It's a good time to sell," everyday, everywhere, to everyone.
When asked whether it's a good time to buy or to sell, I always answer with the lawyerly answer "It Depends!" It always depends on your personal and financial situation and on your life and goals.
However, if you've been considering selling your home, or you HAVE … (5 comments)
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northern virginia housing inventory: The Story is Inventory (or lack thereof) - 12/29/09 12:14 PM
Inventory -- in real estate, it's a fancy way of saying how many homes are available for sale. It's fancy because most real estate agents are used to talking in single syllable REALTOR-speak, to wit:
buy, sell, rent, sold, price, sale, home, house, etc.
As we approach 2010 (not the sci-fi sequel to 2001, but the year), it is clear when analyzing the Northern Virginia real estate market that The Story is Inventory, or more appropriately, the lack of inventory.
Take a look at some charts that vividly show you the picture of inventory in Northern Virginia, comparing today's numbers to … (8 comments)
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northern virginia housing inventory: Stop Thinking About It. It's Time to Sell Your House. Inventory is Very Very Low in Northern Virginia - 12/02/09 05:49 PM
The title of this blog post pretty much says it all.
I'll repeat it here:
If you've been thinking about selling your house in Northern Virginia, follow these four important steps:
Stop what you are doing right now. Seriously. Stop! Stop "thinking" about selling your house. Tidy up the house. Call me to help sell your house. (Call today at 703-626-0715) Why?
Northern Virginia Housing inventory is at EXTREMELY low levels. A "normal" or balanced market means that there is 6 months of inventory of houses on the market. More than 6 months inventory favors buyers who have lots of homes … (4 comments)
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Brian Block -- Northern Virginia & D.C. Real Estate
McLean,
VA
More about me…
RE/MAX Allegiance, Managing Broker/Branch Vice President
Address: 6226 Old Dominion Drive, McLean, VA, 22101
Office Phone: (703) 626-0715
Cell Phone: (703) 626-0715
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