Northern Virginia Bits Bucket 10/29/2010

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Northern Virginia Bits Bucket 10/28/2010

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Northern Virginia Bits Bucket 10/27/2010

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S&P/Case-Shiller® August Home-Price Index

The S&P/Case Shiller® composite index for the month of August was released today.

"A disappointing report. Home prices broadly declined in August. Seventeen of the 20 cities and both Composites saw a weakening in year-over-year figures, as compared to July, indicating that the housing market continues to bounce along the recent lows,” says David M. Blitzer, Chairman of the Index Committee at Standard & Poor’s. “Over the last four months both the 10- and 20-City Composites show slowing growth, after sustaining consistent gains since their April 2009 troughs.

“The month-over-month growth rates tell the same story. Fifteen of the 20 MSAs and the two Composites saw a decline in the month of August as compared to July levels. The 10- and 20-City Composites fell 0.1% and 0.2%, respectively. Indeed, the housing market appears to have stabilized at new lows. At this time, it does not seem that any of the markets are hanging on to the temporary momentum caused by the homebuyers’ tax credits."

Northern Virginia Bits Bucket 10/26/2010

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Northern Virginia Bits Bucket 10/25/2010

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Calculated Risk has some sobering headlines: one is "Chicago Fed: Economic activity slowed further in September," and there's an article about double-digit housing supply.

Northern Virginia Weekend Bits Bucket 10/23-10/24, 2010

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Northern Virginia Bits Bucket 10/22/2010

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Northern Virginia Bits Bucket 10/21/2010

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Northern Virginia Bits Bucket 10/19/2010

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Northern Virginia Bits Bucket 10/18/2010

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Northern Virginia Weekend Bits Bucket 10/16-10/17, 2010

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Northern Virginia Bits Bucket 10/15/2010

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From the NYT: The house that started the foreclosure freeze. The story is interesting -- I noticed that the comments are not running in complete sympathy with the previous homeowner.

Northern Virginia Bits Bucket 10/14/2010

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Northern Virginia Bits Bucket 10/13/2010

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Northern Virginia Bits Bucket 10/12/2010

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Northern Virginia Bits Bucket 10/11/2010

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Northern Virginia September Housing Sales

Here are Northern Virginia's September sales. Sales are down by an average of 22% YOY in the counties of Arlington, Fairfax, and Prince William, and in Alexandria City. Loudoun fared better with sales down only 13%. Fauquier had a more respectable month -- sales were up 32%, median prices were up 23%, and inventory continued to lessen. Inventory is up over last year in every other county.

Northern Virginia Bits Bucket 10/9/2010

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Northern Virginia Bits Bucket 10/8/2010

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Northern Virginia Bits Bucket 10/7/2010

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Northern Virginia Bits Bucket 10/6/2010

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Northern Virginia Bits Bucket 10/5/2010

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Northern Virginia Bits Bucket 10/4/2010

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Northern Virginia Weekend Bits Bucket 10/2-10/3, 2010

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Northern Virginia Bits Bucket 10/1/2010

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