Fairfax County Refi Volume Slows

The refinance volume for Fairfax County, VA has slowed this summer even though rates remain low. Take a look at the chart below:

After reaching highs between October through March, things have slowed in the summer months. It will be interesting to see if this continues through the Fall.

Monthly Home Sales in Fauquier County, VA Highest in Two Years!

Here is some good news - monthly home sales in Fauquier County, Virginia reached its' highest level since June 2010. The chart below shows the monthly home sales and monthly median home price for this county from June 2010 through May 2012: ce June 2010. The chart below shows the monthly home sales and y median home price for this county from June 2010 through May 2012:

LasVegas Home Sales Still Struggling

In late December 2010, I wrote an article about how sales were still lagging in Las Vegas even though the Median Home Price was more stable.  Below is a chart showing how things are going over the last 12 months:

As you can see the sales are continuing to trend downward.  Check back on our blog next week for more updated information on other struggling real estate markets.