USAA saw a large increase in their monthly originations in May and June to push ahead of Wells Fargo. Will they continue to have the staying power through the end of the year? Check back to our blog in a couple of months.
Friday, November 18, 2011
Friday, November 4, 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.
Friday, October 28, 2011
It appears since the beginning of 2009 that the median home price has stablized. That is some good news, unfortunately though home sales are flat. So it definitely seems to be a good news - bad news situation. Things don't seem to be getting any worse but we don't see rapid improvement either. Stay tuned for more updates on this blog.
Monday, October 24, 2011
It appears the news over the last twelve months is a little better. The median home price is about $30,ooo higher than a year and sales seem to be trending upward. I will keep an eye on this positive trend to see if it continues. Check our blog in the future to see if there is more good news for Fairfax County.
Friday, October 21, 2011
The number and dollar amounts for purchase mortgages have been trending upward for the last 12 months. Click on the image above for a larger view.
Friday, January 21, 2011
This will be a good geographic to monitor over the next six months to see what happens in the Spring 2011. Check back with our blog over the next few months to see if things improve for this area.