2020 real estate market in virginia: January 2020- OR-Early Spring Market -Fairfax & Loudoun
- 12/23/19 07:24 AM
Our current mood...
√ Keeping up with our new year Resolution
√ Recovering from holidays
√ Praying for lives in Australia
Our current real estate mood...
√ Shock by 2020 January Housing market in Fairfax & Loudoun county of Northern Virginia
What's going on with the housing market in the Fairfax & Loudoun county?
Northern Virginia market has picked very early momentum on the market. Homes that were sitting with no offers in November 2019 are getting showings. Multiple offers are common on homes priced right and in an affordable price range.
Past few years we were slow or sluggish during holidays. Right after we ring new years we … (2 comments)
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2020 real estate market in virginia: Prices From 3 Decades-Fairfax County Real Estate
- 12/02/19 06:46 AM
We all excited to Ring in 2020 a NEW DECADE! Here is a reflection of the past decade of the housing market in the Northern Virginia Fairfax County area.
The average household income in Virginia:
$42000 (1999)
$60000 (2009) and
$71000+ (2018).
The average unemployment rate in Virginia:
2.7% (1999)
6.7% (2009) and
3% (2018) may be lower in 2019?
Considering the income, interest rates and monthly payment (principal & interest in the chart with a 20% downpayment) if you adjust the inflation and rent prices in the area we can confidently say homeownership in the Fairfax County of Northern Virginia was a savvy investment.
The 2020 era will also … (1 comments)
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