Northern Virginia Real Estate Blog
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42626 Hollyhock Terrace, Ashburn, VA 20148 | LO7528696

42626 Hollyhock Terrace, Ashburn, VA  20148 | LO7528696

February 10, 2011 by MikeRosen · Leave a Comment 

Fully upgraded 2,766 sqft O’Hare model. Gourmet kitchen with high-end granite, 42″ cherry cabinets, stainless steel appliances, ceramic floors and tile backsplash. Master suite with custom walk-in closet (Closets by Design), master bath with upgraded ceramic tile and separate soaking tub and shower. Top level carpet and padding, custom paint, upgraded light fixtures, plumbing fixtures [...]

SOLD! — 1021 Garfield Street North #615, Arlington, VA 22201 | AR7384215

SOLD! — 1021 Garfield Street North #615, Arlington, VA  22201 | AR7384215

July 9, 2010 by MikeRosen · Leave a Comment 

Upgraded ceiling fans, kitchen and bath fixtures, carpeting, blinds and custom paint throughout. Beautiful hardwood floors, gourmet kitchen w/ SS appliances and granite countertops. Full size parking space – can fit large suv. METRO 2 blks. Amenities: Gym, CyberCafe, Conf rm, Rooftop Pool w/Monu View, 24hr Security.
See other home for sale in Arlington VA

SOLD! — 5834 Upton Street, McLean, VA 22101 | FX7371826

SOLD! — 5834 Upton Street, McLean, VA  22101 | FX7371826

June 24, 2010 by MikeRosen · Leave a Comment 

Newly updated home in sought after Chain Bridge Forest—just 4 minutes to DC! Open and spacious floor plan with formal living room and separate dining room and huge windows for plenty of sunshine. Brand new gleaming hardwood floors throughout the main level and new granite counters and stainless steel appliances in the kitchen. [...]

What The Media Missed In September’s New Home Sales Report

October 29, 2009 by MikeRosen · Leave a Comment 

Some days, newspaper headlines are a terrible place to get your real estate news. 
Today is one of those days.
After the September New Home Sales report showed sales volume down from August, the mainstream media jumped on the story:

New Home Sales fall a surprising 3.6%
Surprise Drop In New Home Sales
Stocks slide as New Home Sales fall

But the headlines miss [...]

Home Values In 95% Of Case-Shiller Markets Are Improving Year-To-Year

October 28, 2009 by MikeRosen · Leave a Comment 

For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets, including our very own metro Washington D.C. market. It’s the first time in 3-plus years that the benchmark housing index has shown such strength.
According to a Case-Shiller Index spokesperson, “The rate of annual decline in home price values continues [...]

Falling Home Supplies Mean More Multiple-Offer Situations For Buyers

October 27, 2009 by MikeRosen · Leave a Comment 

The national housing supply fell to a 2-year low last month, according to the National Association of Realtors®.
At the current sales pace, existing home inventories would sell out in 7.8 months — 30 percent faster versus November 2008.
For a 10-month window, that’s a major housing supply reduction and it helps to explain why multiple-offer situations [...]

Pending Homes Sales Gain For The 7th Straight Month

October 6, 2009 by MikeRosen · Leave a Comment 

Buoyed by a generous tax credit, affordable homes, and low mortgage rates, the Pending Home Sales Index posted its seventh consecutive monthly gain in August.
It’s the longest winning streak in the index’s history and the highest reading in 2-1/2 years.
It’s also another signal that the housing market is in recovery.
“Pending home sales” are a forward-looking indicator, [...]

The Case-Shiller Shows Home Prices Are Still On Their Way Up

September 30, 2009 by MikeRosen · Leave a Comment 

For the second month in a row, 18 of the 20 Case-Shiller real estate markets posted higher home values.  It’s the 6th consecutive strong showing for the benchmark private-sector housing index.
Combined with falling home supplies and rising sales figures, this month’s Case-Shiller Index suggests that housing may have bottomed sometime earlier this year.
It’s cause for optimism.
Even Case-Shiller [...]

Existing Home Supply Falls By Nearly A Year

September 25, 2009 by MikeRosen · Leave a Comment 

As reported by the National Association of REALTORS®, the number of Existing Home Sales dipped last month, ending the metric’s 5-month winning streak.
Newspaper headlines today are overwhelmingly negative on housing. You’d almost believe this year’s housing recovery had ended. 
That’s hardly the case.
See, the other side of the Existing Home Sales story is that — while the number of units [...]

Home Prices Rise Again In July

September 23, 2009 by MikeRosen · Leave a Comment 

As reported by the government, home prices are rising nationwide, up 0.3 percent in July.
Furthermore, versus November 2008, the Home Price Index has clawed back to unchanged.
The housing market appears to be holding its own.
However, we have to be careful about putting our full faith in the Federal Housing Finance Agency’s data.  It’s somewhat flawed.

The Home Price Index is a [...]

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Northern Virginia Real Estate Blog