Nov 23, 2011

I tell my clients all the time – pricing stabilization has to happen before we can see prices of existing home sales start to rise.  Well, I pulled some stats this week that got me a little excited…short sales and bank owned sales dropped in almost every area of Northern Virginia from Sept/Oct 2010 to Sept/Oct 2011. That means less distressed sales bring down the average sale prices in many neighborhoods. Here are the stats I pulled so you can check out your County or City…

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