northern virginia economy: Greater Northern VA Home Prices Up in 2010. Plus 11.91% average over 2009. - 01/25/11 01:27 AM
If you pay attention to the national real estate news we might as well all begin therapy.
However if you live in Northern Virginia or are relocating here, be encouraged.
There is no real estate bloodbath taking place. That occurred primarily between the end of 2005 and January of 2009 when prices in many areas fell 25-50%.
 As of December 2010, home prices had risen an average of 11.91% since December 2009 in Greater Northern VA.*
* EDITOR'S NOTE: Figures are based on data extracted from the Metropolitan Regional Information System, Inc (MRIS). Figures include data collected from Fairfax … (4 comments)

northern virginia economy: You are fortunate to live here...even if we don't always dance. - 02/08/10 10:25 AM
 
With our tough traffic and steep fall in home prices since 2005, you may feel put upon. But count your blessings. Our unemployment rate is half the national average and homes under $400k are flying off the shelf often with multiple offers on them (yes...it is true). Our housing inventory is half of what it was this time last year.
That's good news for our residents, our economy and our real estate market…… the economic news might be bad nationwide, but the Washington DC metropolitan area in general and Northern Virginia specifically is financially strong.
 
 
 

 
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Steve and Jan Bachman, Realtors - Northern Virginia (RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax )

Steve and Jan Bachman

Realtors - Northern Virginia

Herndon, VA

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RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax

Address: 4090-B Lafayette Center Drive, Chantilly, VA, 20151

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