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ATTENDEES AT THE NVAR VIRTUAL CONVENTION and Trade Show were treated to an informative panel on Thursday, September 24 discussing the Northern Virginia Economic Development Alliance and their efforts to bring business to the region.
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THE MONTHS FOLLOWING THE OUTBREAK of the COVID-19 pandemic have been among the most turbulent in memory.
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Thank you to our partner: Ekko Title
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“WHAT WAS GOING TO HAPPEN IN THE FUTURE IS HAPPENING TODAY,” NAR’s Chief Economist Lawrence Yun observed in a recent Commercial Market Update presented by the National Association of Realtors®.
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THERE WILL LIKELY BE AN ASTERISK next to 2020 real estate market data indicating that for several months in the year of the COVID-19 pandemic, nothing was business as usual.
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©2020 RealEstate Business Intelligence. Data provided by Showing Time as of August 6, 2020.
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ONE OF THE INTERESTING TRENDS that emerged in the early days of the COVID-19 pandemic was an actual increase in closed sales in the NVAR region during March 2020.
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Buyers, sellers and Realtors® all want to know the same things: how long the COVID-19 virus will last in this region, how long distancing guidelines will be in place, and what the prognosis is for the real estate market.
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PRIOR TO THE COVID-19 PANDEMIC, a typical Market Metrics article for RE+View included information based on the most recently available data, which usually described some measure of economic or real estate market performance one to three months prior to the time the article was written.
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IMAGINE YOUR HOMEBUYER WANTS TO START A BUSINESS making and selling custom pet supplies and asks you to find a property.
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GIVEN THE CONTINUING DECLINE in properties available for sale across Northern Virginia, it’s likely that Realtors® are increasingly having to advise clients on the availability and costs of renting a home while trying to enter the homeownership market.
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©2019 RealEstate Business Intelligence. Data provided by Showing Time as of August 6, 2019
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THE START OF A NEW YEAR, for some, means embracing this transitional moment as an opportunity to reflect upon past accomplishments, anticipate challenges and set new goals.
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Thank you to our partner, Ekko Title.
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GOOD NEWS FOR HOME SELLERS, it seems, as Northern Virginia median home prices continue to rise, while median days on market continue to decline.
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CHANGE IS ALL AROUND US and increasingly impacting the “what” and “how” of being a Realtor® in Northern Virginia.
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Data provided by Showing Time as of August 6, 2019
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Realtors® in Northern Virginia probably don’t need to be told that low inventory and high costs are the biggest challenges facing today’s prospective homebuyers.
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THE UNITED STATES is experiencing one of the longest economic expansions in the country’s history.
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