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To: Eagles Talon IV

Sales volume rose 10 percent in January over last year in northern Virginia. The worm has turned.


45 posted on 02/24/2007 8:02:11 AM PST by WashingtonSource
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To: WashingtonSource
Sales volume rose 10 percent in January over last year in northern Virginia. The worm has turned.

Care to back up your claim with data?

Here is verbatim from the NVAR website:

The number of units sold in the Greater Northern Virginia region was 2,234 for this past January, a 2.53 percent decline from the 2,294 houses that sold in January 2006.

Across Greater Northern Virginia, 15,925 listings are active on the market, about 19% more than this time last year, when 13,363 homes were available. The average number of days on the market for a home sold in January 2007 was 114, nearly twice the level of 61 days one year ago.

48 posted on 02/24/2007 8:07:32 AM PST by agrarianlady
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