Really…says who?  Actually it was the  National Association of Realtors® (NAR) pending home sales rose in October 2011.  Yes this is over 6 weeks ago but we are always off by about 30 days with reporting statistics in the MLS and across the nation. According to NAR  “The Pending Home Sales Index, a forward-looking indicator…

Fortunately the Occoquan River is normally calm and a wonderful place for Prince William County residents to enjoy fishing and boating.  Right now residents need to be cautious and steer clear of the banks.  This is the way it looked this morning. This is a good time for anyone in Prince William County, Occoquan, Belmont…

Anyone currently living in Northern Virginia knows the deadline for moving thousands of civilians and military personnel in Northern Virginia is looming. Over the last few years the Base Realignment and Closure (BRAC) has been the topic of lots of press and projections on the impact on Northern Virginia home prices. Specifically the areas of…

I’ve written 2 other recent posts about renting in Northern Virginia and now a third party has validated what I’ve been hinting at. MSNBC has posted a list of the top 10 cities around the country where rents are going up. Though the Northern Virginia and Washington DC area aren’t on the top of the…

Every week consumers are hit with market reports of all types.  What intrigues me about sales numbers in a neighborhood is what might the story behind the sales numbers be?  Today I took a look at the numbers in the Port Potomac neighborhood in Prince William County to see what I could find.   For ease…

The latest market watch video for the Northern Virginia has been released. The statistics show the market did slow down in September.   It is not uexpected to see slowing as we head into the fall.   However it is interesting with interest rates currently hovering in the mid 4′s, the lowest since the 1950′s.  If you…

Northrop Grumman has announced the selection of 2980 Fairview Park Drive in Falls Church,VA as the sight of their new corporate headquarters. The building located just off of 495 & Route 50 will be the home to 300 new Northrop Grumman executives relocating from Los Angeles and/or their current Arlington VA offices.  The location is…

Over the last year buyers have flocked to the Lake Ridge neighborhood in Prince William County to find affordable townhouses. With 269 townhouses sold during the five quarters of data reviewed there isn’t much doubt that buyers have discovered the advantages the Lake Ridge neighborhood has to offer. Sales have been steady since January 2009…

Despite rumors that Northern Virginia short sales are being approved and closed in 10 days it isn’t true.   Since the introduction of a new government program Home Affordable Foreclosure Alternatives Program or HAFA on April 5, 2010 there has been a lot of misinterpretation of the guidelines by both buyers and sellers. One of…

After extended tax incentives and great deal of media hype about the “best time” to buy a home, today is the time to celebrate the coming of a normal real estate market in Northern Virginia. A quick check of the MRIS for our area showed that the last minute rush was on.   The chart shows…