Realty Times - Northern Virginia, Virginia Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Northern Virginia

Market Conditions Summary for Northern Virginia, Virginia

Reported by

Stacy B. Martin, CDPE
as of 5/1/2012:

If you are a First time home buyer, newlyweds, family starters or relocating to the area, we'd love the opportunity to help you! You can count on us to help create the best win-win deals for you when buying or selling your home. The nearby... MORE->
About Stacy B. Martin, CDPE

Reported by

Dave King, Realtor, GRI, ABR, Green
as of 4/1/2012:

Mortgage rates continue to make a significant impact in our local market. For those not looking to buy or sell, then refinancing is a perfect option! The early spring selling market has been very busy. Due to a shortage in inventory and... MORE->
About Dave King, Realtor, GRI, ABR, Green

Reported by
Lori ODay
as of 6/3/2010:

Stats will show an upward trend in some Northern VA markets, but, if you look closely, a lot of those sales over the past year were foreclosures and short sales which were listed low but escalated up to a higher price. All in all, there is an upward... MORE->

Average Current Market Rating: 3 (3 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 3.3 (3 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Virginia > Northern Virginia

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

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