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Arlington, VA 22201
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Tagged : real estate news media

There are currently 4 blog entries matching this tag.

You Got Punk'd by the Media -- Arlington Real Estate Market Stats

Sunday, March 16th, 2008 at 10:52am. 7761 Views, 12 Comments.

Media Predicts 25% Decrease in Arlington Virginia Home Values?

Once in awhile I get so frustrated about the lack of either forthrightness, common sense or expertise demonstrated by various real estate media sources both locally and nationally.  A classic example recently came out in this article in BusinessWeek titled Housing Meltdown.

business week real estate meltdown    It stated that housing prices would come down 25% with some of their sources claiming up to 40%.  Nowhere in the article is any strong point for how hyperlocal real estate is including Arlington real estate for sale.  Such stories are in essence fear mongering & hype when no disclaimers or explanations are given for how the story has almost nothing to do with any particular reader's local real estate market.  …


Townhouse Price Trends for Clarendon, Rosslyn, Courthouse -- Highgate, Clarendon Park and Bromptons

Friday, January 18th, 2008 at 7:54am. 12382 Views, 0 Comments.

#Highgate-townhouses#

With the bombardment of the negative real estate news by the media it is hard for consumers to have perspective on the housing market in any area including the Arlington markets in Clarendon, Rosslyn & Courthouse.  Whether it be houses for sale, condos or townhouses it's difficult to have perspective.  It's harder still to not be freaked out as a buyer.


freaking out about real estate

 

Median price for upper quartile price bracket for 22201

Interestingly enough from looking at median sold prices for detached homes the past 4 months in Arlington (Fall 2007) they tend to be about 10% higher each month than back in 2006--not too shabby.  However each type of home--detached, condominium and townhouse--have to be analyzed separately and even narrowed down to the zip codes.  That's how hyperlocal real estate is in…


Quarterly Analysis of Arlington County Sales in VA

Friday, August 31st, 2007 at 1:00pm. 4550 Views, 2 Comments.

Arlington County Real Estate Sales Figures

The quarterly reports are for real estate in Arlington, VA.  What do they tell us?  1) real Estate is local 2) the market is humming along strongly with a lot more transactions than 2006.  Generally the median sold price has been down about 7% for the county most of the year.  This graph shows the orange line (2007) below the blue line (2006) almost all year. 
mean sales price 2007 arlington county real estate
Here are the numbers for median sold price since March compared witha a year ago:  March - 0.02 %, April - 7.62 %, May - 8.23 %, June - 6.64 %, July +10.75 %.  I put more faith in a block of months such as a quarter versus one month such as what happened in…


Home Prices Stabilize in Arlington VA & DC

Friday, April 27th, 2007 at 8:37am. 4054 Views, 9 Comments.

It's common knowledge that the market shifted in the last 18 months.  But it's only now that the statistics are verifying some of the price corrections....Many of us on the front lines knew prices in reality were different a long time ago, however this was not being illustrated by the monthly stats as far as the price variable was concerned.   Why not?  Well the stats on price only reflect sold homes.  Thus all the homes that

  • did not sell,
  • rented
  • expired
  • or were withdrawn due to not being able to get a price the owner wanted
  • did not get factored into selling price statistics the previous year.  Thus the public kept hearing about a buyers' market but the market reports showed no drop in sold prices.  Lesson--the stats…


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