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market reports: Surprised By The High Foreclosure Numbers? I'm Not... - 10/15/09 04:30 PM
Any Realtor® who has been in the trenches since the beginning of the year, and has worked with Short Sales, probably understands why the Foreclosure numbers that were released today were so high. According the the numbers released today, October 15, 2009, by RealtyTrac, the Foreclosure rate increased by 5% from summer to fall. I bet many of these homes were  unsuccessfully settled Short Sales. I was fortunate enough to be able to sit in a Broker Only Short Sale Session with Lem Marshall, Special Counsel for Virginia Association of Realtors last week.  He spent a lot of time discussing how … (1 comments)

market reports: Market Update July 2009: North Point, Reston, Virginia (20194 ) - 08/11/09 12:05 PM
Sales in the North Point section of Reston, Virginia continued briskly in July, with more homes closing this year than last in all categories except detached homes. Below are the statistics comparing sales from last July to this July for both number of units sold and the average net price (price less seller incentives).
Number of Detached Homes Sold From 7/1/08-7/31/08:     6 Average Net Price in 2008: $   797,367 Number of Detached Homes Sold From 7/1/09-7/31/09:    4 Average Net Price in 2009:   $   747,063 Percentage Price Change:    -6% Number of Townhouses Sold From 7/1/08-7/31/08:   9 Average Net Price in … (0 comments)

 


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