Buyers have lots of choices. Average days on the market is 93 whereas it was only 85 days a year ago. New Home Builders are again offering incentives such as a free rec room or closing cost assistance. Prices will probably remain relatively stable...
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Chantilly, Virginia
as of 11/29/2008:
This is a buyer's market with stable or slowly dropping prices. Homes are taking an averqge of 93 days to sell as opposed to 85days a year ago. A relatively high inventory is keeping prices from rising, but the inventory is starting to drop....
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Fairfax, Virginia
as of 11/29/2008:
Buyers still have the upper hand. Most real estate market areas within Northern Virginia have slowed and homes are taking longer to sell. Prices may go up next spring if the government bailout succeeds in stopping most of the foreclosures coming...
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Fairfax County, Virginia
as of 11/29/2008:
Northern Virginia real estate continues to favor buyers. The market has slowed and homes are taking a longer to sell. The average number of days on the market has gone up to 93 from 85 a year ago. Prices will probably continue to slowly trend...
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Reston, Virginia
as of 11/29/2008:
We are in a buyers market. Housing inventory is decreasing, but prices are still slowly coming down. Most of the inventory is short sales and foreclosures. Prices may go up next spring if the government bailout succeeds in stopping most of the...
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