Category Archives: Uncategorized

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Sold Market Summary Q1 2012

There were 32 sales in the first three months of this year (14 condos, 2 THs, 16 detached). This is a slight increase over 2011 which had 27 sales (15 condos, 4 THs, 8 detached). While not a large increase, it’s a clear sign the market has improved.       [box type=”info”] NOTES: 2011

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Year-over-Year Activity in DC Metro Area

The 2,507 homes sold in the Washington, D.C. Metro Area represent the highest February total since 2007. Inventory levels continue to decline with the 9,823 active listings to end the month representing the lowest supply of homes since August 2005. With 368 active foreclosures representing only 3.7% of the active market (the lowest level since

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Shorts Sales/Foreclosures

Also known as distressed properties, everyone has no doubt heard of them. There are many aspects to these sales. In a nutshell, a short sale is where the seller still legally owns the property but has asked the bank (which has agreed) to allow a sale whereby the bank will get less than the original

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Rental Market Summary

Our rental market is very strong currently and started to get tight a few years ago. There is a very low inventory, particularly larger properties where families would like to live. Many folks for a variety of reasons can’t get a loan to buy a home. But of course they still have to live somewhere

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December 2011 Sales Activity

As of the census of 2010, there were 12,332 people, 4,706 households, and 3,620 families residing in the city. The population density was 6,169.1 people per square mile (2,013.4/km). There were 5,480 housing units at an average density of 2,379.5 per square mile (916.8/km). The racial makeup of the city was 79.9% White, 4.3% Black

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FCC 2011 market observations

The worst seems to be over and probably has been since early 2010. While we did benefit from the balloon market (2004-2006),price appreciation in Falls Church was much more in line with the fundamentals (schools, proximity to D.C., Tysons, Metro). The fact is being an established community pays off when things go bad. This is in stark contrast

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July-Sept ’11 Market Summary

The worst seems to be over and probably has been since early 2010. While we did benefit from the balloon market (2004-2006),price appreciation in Falls Church was much more in line with the fundamentals (schools, proximity to D.C., Tysons, Metro). The fact is being an established community pays off when things go bad. This is

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