Last year, I wrote about the increasing home prices and resulting increase in sales in Arlington County, VA. Below is an updated chart that shows from June 2010 through August 2011:
This chart shows a slight increase in median home price in August 2011 from June 2010 but no real increase in home sales (we see the usual seasonal peaks and valleys) over that period. There is no bad news as there is in many other areas of the country. I will follow up on this area again with a blog article sometime next year to see if things are changing for the better.
NAHB: "Builder Confidence Hits 20-Month High"
3 hours ago