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December 1, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Alexandria, Virginia

Reported by Mary Lou Sage, REALTOR

Updated November 15, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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2
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5
Falling

Rising

FIRST TIME BUYERS TAX CREDIT HAS BEEN EXTENDED UNTIL APRIL OF 2010. INCOME LEVEL RESTRICTIONS APPLY, BUT HAVE BEEN RAISED. THERE IS ALSO A BILL WITH A $6500 CREDIT FOR PEOPLE WHO HAVE LIVED IN THEIR CURRENT HOME FOR 5 YEARS..CONFORMING INTEREST RATES ARE STILL RANGING BETWEEN 47/8% TO 51/4%. THE MARKET TENDS TO BE ON AN UPWARD SWING WITH MANY SALES IN THE LAST FEW MONTHS IN THE DC METROPOLITIAN AREA. CALL ME FOR DETAILS ON THE NEW TAX CREDITS.



For More Information:

View Market Conditions of other areas served by Mary Lou Sage

Navigate: Top > Virginia > Alexandria

About Mary Lou Sage:
Licenced agent in Virginia since 1982.
Ranked Top 5% of Realtors Nationwide.
Life Member Top Producers Club.
Relocation Specialist and Certified Buyer Representative.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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