Fairfax Homes and Northern Virginia Homes For Sale

Welcome to Kolasch Real Estate, the most useful online source for Fairfax homes, Arlington Va homes for sale, Prince William real estate and Loudoun real estate.

What location interests you? Fairfax Homes, Arlington Va Home For Sale, Prince William Real Estate or Loudoun Real Estate

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As you can see from our customer testimonials, we delight in helping people succeed in this market...and when our clients come out of the transaction breathing that big sigh of relief, we're just as satisfied as they are.

So please, have a look around, and contact us with any questions you might have about the market. No question is too mundane - we want to help!

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Weekly Housing Statistics from Fairfax Homes 7/20-7/23

20 – Housing starts fell 5% in June to an annual rate of 549,000 units, which is the lowest in eight months. The drop was worst than expected. Building permits for single-family housing fell 3.4% to an annual rate of 421,000, the lowest level since April 2009. The is consistent for Fairfax homes and Arlington, VA homes for sale21 – Fed Chairman Bernanke told Congress that the Federal Reserve stands ready to take further actions if the economy slows significantly, or falls...

Weekly Housing Statistics from Fairfax Homes 7/13-7/16

Jul 13 – The trade deficit widened by 4.8% in May and was unexpected by economists who thought the deficit would narrow.16 – Consumer prices fell 0.1% in June, reflecting the third straight month of decline. Lower gasoline prices mostly accounted for the decline. The core rate, excluding food and energy, rose 0.2%, but still remained very low. Over the past 12 months the CPI has increased 1.1%.14 – Retail sales fell 0.5% in June, further evidence that the econ...

Weekly Housing Statistics from Fairfax Homes 6/29-7/9

Jun 29 – Home prices rose 3.8% in the past year in 20 major cities, according to the Case-Shiller home price index. April’s increase was the first after six straight monthly declines. This is consistent for Fairfax homes as well.29 – Consumer confidence plummeted in June on increasing worries about jobs and the economy.1 – As expected, new sales contracts on existing home fell sharply in May after the federal tax credit expired at the end of April. The p...

Does My Real Estate Agent Have Their Own Website

Perhaps a bit of an odd question. But is it important that my agent have their own website? Not only is the answer yes, but it’s imperative to where they should have a website that can help sell your home. First of all, we’re not on the dawn of the internet age, we’re knee deep in it and it’s become a part of our lives. With each year that passes, the percentage of home buyers and sellers that begin their research on the web increases, and we&rsquo...

Weekly Housing Statistics from Fairfax Homes 6/15-6/18

15 – Sentiment among home builders retreated in June after the tax break for home buyers expired. Builders were more discouraged in all four regions of the country. Builders all across the area, including Fairfax, Reston, Vienna, Great Falls, McLean, Middleburg, Chantilly, Centreville, Bristow, Haymarket and Gainesville agreed with this negative outlook.16 – As expected, home builders sharply reduced construction as the tax break expired. Housing starts fell 10%, th...

May Stats are in for Fairfax Homes

2010 2009 % Change Total Sold Dollar Volume: $ 640,265,153$ 559,661,003 14.40 % Average Sold Price:$ 448,994$ 420,482 6.78 % Median Sold Price: $ 390,000$ 360,000 8.33 % Total Units Sold: 1,4261,331 7.14 % Average Days on Market:3877 - 50.65 % Average List Price for Solds:$ 467,357$ 455,928 2.51 % Avg Sale Price as a percentage of Avg List Price:96.07 % 92.23 % These statistics are for Fairfax County specifically. Good news all around, particularly...

Weekly Housing Statistics from Fairfax Homes 6/9-6/11

9 – According to the Mortgage Bankers Assn. purchase and refinance applications dropped this week, even after an adjustment for the Memorial Day holiday. Purchase applications are now 35 percent below their level of four weeks ago, as homebuyers have not yet returned to the market following the expiration of the homebuyer tax credit at the end of April.10 – Freddie Mac reported that this week rates hovered near their record low set in early December 2009.11 – The U...

June 19 Housing Event in Fairfax

MRIS is a sponsor of the Housing Fair and Cash Counts Expo to be held in Fairfax, VA. Topics covered at this day-long conference include:Mortgage review with a housing counselor Overview of HAMP and HAFA programs Info on VA Counties Down Payment Assistance Programs And a special presentation, “Effective Use of Social Media Tools for Success” by MRIS’ own Director of Marketing, Marie Still.This free event is open to the public but requires pre-registration. View this flyer for m...

Weekly Housing Statistics from Fairfax Homes 6/1-6/4

2 – Pending home sales have risen for three consecutive months, reflecting the impact of the homebuyer tax credit and favorable housing conditions, according to the National Association of Realtors. Fairfax homes responded in kind with these statistics.3 – Orders for U.S. made factory goods increase 1.2% in April, led by airplane orders and parts.3 – The service industry grew for the fifth straight month in May. 3 – The economy added 431,000 new jobs, h...

Weekly Housing Statistics from Fairfax Homes 5/24-5/28

24 – Resales of homes rose 7.6% during April as Buyers rushed to complete sales before the expiration of a tax credit. However, the inventory of unsold homes surged to an 8.4-month supply [nationally not locally] – an unwelcome development. The Median price was up 4% in the past year [much higher locally]. Sales of distressed homes were down in April accounting for 33% of sales v. 45% a year earlier.26 – New-home sales rose 14.8% in April to their highe...

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