September 2009 
There are 71 blog entries for September 2009.
Week Through 9/25/09 Arlington homes data
Sunday, September 27th, 2009 at 1:37pm. 117 Views, 0 Comments.
Sep 21 – For the fifth consecutive month, indicators have as the recession appears to be bottoming out and a recovery is very near.
Sep 24 – Federal Reserve Chairman Bernanke announced that it would extend its program to buy mortgage-backed securities into the first quarter of 2010 from December. He confirmed that the conditions would warrant continuing to keep short-term interest rates low for an extended period of time.
Sep 24 – Existing home sales dropped 2.7% in August, the first decline in five months. Nationally, the supply of unsold homes stood at 8.5-months, the lowest since April 2007. Locally, inventories continue to remain low.
Sep 25 – The recovery in the manufacturing sector stumbled in August, as a big decline in orders for new airplanes…
Week Through 9/18/09 Centreville homes information
Tuesday, September 22nd, 2009 at 11:57am. 121 Views, 0 Comments.
Sep 15 – Retails sales jumped 2.7% in August due in large part on the Clunkers program. Excluding autos, retail sales up 1.1% in August.
Sep 15 – Federal Reserve Chairman Bernanke said the recession has ended – at least based on the numbers. He cautioned that the labor markets could remain weak through 2010. We'll be following the market for Fairfax homes here very closely in the near future.
Sep 16 – Consumer prices increased 0.4% in August, pushed higher by gasoline prices. In the past 12 months the CPI has fallen 1.5%.
Sep 18 - Oil closed the week at $72.04.
Rates continue to stay low despite the expectation that the recession is over and we are headed for better conditions. Refinance activity has picked up once again for those that missed out…
Week Through 9/04/09 Ashburn homes related technicals
Sunday, September 6th, 2009 at 10:09am. 122 Views, 0 Comments.
Aug 17 – Builders’ confidence inched higher in August than at any time in the past year.
Aug 20 – Mortgage delinquencies hit another record with 13% of all mortgages either in foreclosure or at least one month behind.
Aug 25 – Prices of homes up 1.4% in 18 of 20 major cities in June [from May]. Only Detroit and Las Vegas saw prices to the downside.
Sep 1 – Boosted by low prices and the tax credit, pending sales of existing homes were boosted in July for the sixth straight month. Inventory in the Washington area is at all time lows and homes are moving quickly in the lower price ranges.
Sep 4 – Unemployment jumped to a 26-year high of 9.7% in August as payrolls fell 216,000, the 20th consecutive monthly decline. The drop met expectations of economists.