Archive for the ‘real estate’ Category
REALTOR CORNER: Samson Realty has Smart Request for MRIS to Add Short Sale Information to Information Database to help speed and smooth Closing Process on Short Sale HOMESThursday, March 6, 2008
How Does Your City Rate?Zillow’s latest Home Value Report shows that over the past year, U.S. single-family home values have decreased by 5.5%, while condo values have declined by 7.4%.
Realtor.com shows online marketing surpasses all other media when it comes to marketing your home for sale.Tuesday, March 4, 2008
Just the facts… Realtor.com has been funding some really big research projects and has released that for the year 2008, people seeking information about the local housing market are 500% more likely to sell a home if it has been advertised on the Internet (rather than simply relying on the newspaper). To those of us living in the Dulles Technology Corridor, this comes as no surprise; but for many people and agents in the housing markets nationwide, they are scratching their heads wondering why properties not aggressively marketed by Internet are not selling at as fast a rate…
With the release of these new stats that show the dramatic rise in popularity of the Internets, these same folks can look back with 20/20 vision in hindsight and say, “Who knew?”. To that I would just laugh and answer, “Anybody under 40 or anyone living in Loudoun County–that’s who.”
Cheers, everyone. May all your internet footprints be left in the soft sand of the virtual beach standing on the edge of the real estate marketing ocean. Thanks for the statistical support Realtor.com–those of us out here who love the net and all the positive life changes the web has the power to bring us are really grateful to you.
Interested in learning more about our Ashburn area REAL ESTATE MARKET? Check out this great new 2008 launch of a statistical review platform presented by Zillow:
Listing affordability date, home types by percent, and why Ashburn residents are unique, there is fun new information about the Loudoun County Real Estate Market Trends for everyone!
Post courtesy of Michael A. Gilbert, Licensed VA Real Estate Agent YOUR ASHBURN NEIGHBOR, Weichert Realty Ashburn Office: 703-726-3909 43150 Broadlands Center Plaza, Ste 104 Fax: 703-726-0313 Ashburn, VA 20148 Email: firstname.lastname@example.org
Nearest metro area: Washington-Arlington-Alexandria
Median home price: $625,000
Median household income: $96,588
Unemployment rate: 2%
Commute time: 33.6 minutes
Violent crime index: 2
Looking for market watch information on Real Estate home sales in Northern Virginia? Check out the following links to Coldwell Banker reports. Listing total inventory on the market (as reported by MRIS), under contract, price changes, back on market, and new listings, the reports are vary helpful to real estate sales professionals, owners, and potential incoming buyers for our DC Metro region. These post links reflect 2007 sales figures.
— January 1, 2008 —
The 2008 New Year brings us hope and an opportunity for fresh thinking by casting away past difficulties. Today’s real estate market fits that new-year situation exactly. Just over two years ago, the real estate market was at its peak in number of sales and in the price of houses. The current oversupply of homes for sale in many of our areas is the reason for the decrease in home prices since an oversupply of any commodity puts downward pressure on prices (see the graphs by county for your area). However, just because prices are down, there is no reason that the number of homes purchased should be down. In fact, with interest rates lower now than one year ago and still in the range of 40-year lows, most buyers can purchase a larger home than they could two years ago. Mortgage money is freely available except for those who should not be getting a mortgage anyway.
So who is today’s real estate market good for? Today’s buyers who have the best housing situation in years – many housing choices available at reasonable prices with lower interest mortgage money available. Also, sellers who will be buyers right away may sell their property for a little less than hoped for, but can buy one for so much less than in the past. And sellers who price their houses in line with the current market are selling them in weeks instead of months.Let the pessimists be gone. See the current real estate market in its true light – a market that is perfect for buyers and also sellers who will then be buyers. With my expertise in handling the real estate market with fresh thinking, I can assist you or anyone you know in taking advantage of today’s opportunities in real estate.