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Fairfax, Loudoun County Virginia -Residential Real Estate Market Blog

Keep yourself up to date with the Northern Virginia Real Estate market and other local Northern Virginia information. Have a question or thinking about buying or selling home call Ritu Desai at Samson Properties at 703-625-4949 or email me at Info@eNOVAHomes.com.

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  • Northern Virginia -Fairfax, Loudoun, Alexandria, Arlington & Prince William Blog, real estate Market condition written by Ritu Desai at Samson Properties.

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Fairfax County, Virginia -June Real Estate Market Report
With the extension of the tax credit news it brought a relief to lot of home buyers who had ratified contracts prior to April 30th and could not close before June 30th. Now they have till Sept. 30th to close on your home.

June turns out what we all call a typical summer market in the Northern Virginia real estate market. Numbers indicate continuation of low inventory and balance market. Dip in the interest rate did bring few more buyers back into the market place. Overall trend in summer is slow which means low inventory, less to choose for the buyers but at the same time less numbers of buyers in the market place for a seller. Virginia’s unemployment rate was the 11th lowest in the country and the lowest in the Mid-Atlantic. Northern Virginia (Washington-Arlington-Alexandria) unemployment remains at low of 5.3%.









Source: RealEstate Business Intelligence, LLC. An MRIS company. All Rights Reserved.



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Samson Properties
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- 703-625-4949
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