Quick Snap Shot Of The Northern Virginia Real Estate Market including Prince William County, Manassas City and Manassas Park
All indicators point to the beginning of a strong spring housing market as:
- Consumer confidence is up 76%
- Unemployment is down to 4.4%
- Pending Home Sales are up 4.5% over February 2011
- Declining Inventory is down 10.6% over February 2011
- A real Shortage of Inventory with only a 2.5 month supply
Additional market watch video's can be viewed at Real Estate Business Intelligence. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Comments(0)