What would you think if you saw the following headlines? 1) "Foreclosures up 40% in NOVA over last year!" 2) "Short Sales down 25% in NOVA from last year!" 3) "Mixed trends in the Distressed Sales market in NOVA!" Here's the numbers behind each of these: 1) Seven foreclosures available, up from 5 last year. [...]
July Market Update and Newsletter WHAT’S REALLY HAPPENING IN REAL ESTATE? We’re officially in the dog days of summer (a fact I'm keenly aware of since my AC died 2weeks ago!), and while it may feel like things are heating up, the real estate market (and the downright misleading headlines surrounding it) can [...]
GREAT Economic news all over the place! The monthly jobless figures were released today, and the economy added another 147,000 jobs, exceeding the anticipated 110,000 projected, and the unemployment rate fell slightly to 4.1%. Additionally, the jobs figures were revised upwards for the previous 2 months! A pleasant change from the end of [...]