Northern Virginia Real Estate Blog
May 2009

More Positive Data From The Housing Sector: Existing Home Sales AND New Home Sales Rise

May 29, 2009 by MikeRosen · Leave a Comment 

As this week’s signal that homebuyers are returning to the market, both Existing Home Sales and New Homes Sales posted improvement versus month-prior figures this April.
According to the National Association of REALTORS, the number of Existing Home Sales rose by 130,000 units in April.
New Home Sales rose by a modest 1,000 units in April.
As a twist [...]

4219 11th Street N, Arlington, VA | AR7068886

May 28, 2009 by MikeRosen · Leave a Comment 

SOLD in 6 Days! 99% of List Price!

3BR/2.5BA Condo

offered at $565,000

Year Built
1981

Sq Footage
1,366

Bedrooms
3

Bathrooms
2 full 1 half

Floors
2

Parking
Assigned

Condo Fee
$255 per month

DESCRIPTION

1 BLOCK to the BALLSTON METRO – 3 MINUTE WALK!! Highly sought after, quiet neighborhood that is WALKING DISTANCE to restaurants, shops, library, parks, metro and more. Updated kitchen with GRANITE counter [...]

On A Monthly Basis, Home Values Look Better Than Press-Reported Annual Figures

May 27, 2009 by MikeRosen · Leave a Comment 

Each month, researchers measure home values in 20 large U.S. cities, then compile their findings in a report called the Case-Shiller Index.  It’s a popular measurement of housing health across the country, but it’s far from perfect. 
As 3 examples:

It gives more weight to expensive homes than inexpensive ones
Its sample set includes just 37 states of 50 [...]

VIDEO : How To Clean A Faucet Aerator

May 26, 2009 by MikeRosen · Leave a Comment 

When sinks deliver low water pressure or “spray”, homeowners like to blame faulty plumbing.  A more likely culprit, however, is a neglected faucet aerator.  Built-up dirt and sediment eventually slow down water delivery on most faucet types.
In this 1-minute-40-second video, DIY expert Ron Hazelton demonstrates how to properly clean an aerated faucet, restoring pressure and water flow to the [...]

Housing Starts Are No Longer Falling, Another Positive Signal In Housing

May 20, 2009 by MikeRosen · Leave a Comment 

A “housing start” is a new home on which construction has started and, for the fourth straight month, single-family home construction remained flat in April.
For the battered housing market, this is the latest in a series of signals that a long-awaited turnaround is coming.

The number of homes under contract to sell are rising
The national housing inventory [...]

Northern Virginia Real Estate Blog