By Barb Schwarz, Stagedhomes.com This time a year I am often asked by real estate professionals and stagers whether they should stage their client’s homes for sale in a special way for the holidays. My answer? Yes. It’s absolutely essential that we … [Read more...]
Have a Great Holiday
Have a great holiday! See you Monday. … [Read more...]
Virginia home sales increase 12% in October; prices increase 9%
The October 2012 Virginia Home Sales Report has been released and yet again, most state-wide indicators show an improved housing market in the Commonwealth. As shown above, the pace of home sales in October 2012 (7,017) marked a 12% improvement over … [Read more...]
Young Adults Forming New Households
Back in August, we identified young adults between 25-34 years old still living at home with their parents as a group that was about to enter the housing market. A recent Wall Street Journal article proves our thinking was correct. We have re-posted … [Read more...]
Housing Starts Soar
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses housing starts. Housing starts reached an 894,000 … [Read more...]
Distressed sales account for less and less of the Virginia housing market
One of the best indicators of the improving health of the housing market is the percentage of homes for sale that are distressed. If there are a lot of them (short sales and REOs/foreclosures), they keep overall prices down — and it indicates … [Read more...]
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