Northern Virginia Real Estate Market Report -Jan 2012
While the headlines about DC metro has shocked many but it is a true fact "DC Metro Closes 2011 with Lowest Inventory Level since August 2005".
The
same fact goes about Northern Virginia real estate market. We have seen
a deep decline in the inventory of homes compared to last month or a
year ago. Some factors may be due to moratorium on foreclosure by the banks during holidays, decreased in short sale listings and/or typically holiday housing market.
Downward trend:
Future:
Northern Virginia Real Estate market report includes : Alexandria City, Arlington County, Fairfax City, Fairfax County, Falls Church City, Fauquier County, Loudoun County, Manassas City, Manassas Park City and Prince William County.
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