Sales of newly built U.S. single-family homes rose faster than expected in April to their highest level in nearly two years, government data showed on Wednesday, as buyers signed contracts to benefit from a popular government tax credit.
he Commerce Department said sales jumped 14.8 percent to a 504,000 unit annual rate, the highest since May [...]
“Carmen Gill is a licensed Realtor in the Commonwealth of Virginia and an incredible agent with excellent communicative skills and a proven track record in production in sales. She is highly professional and has been awarded the Executive Club by Re/Max International for outstanding sales performance and achievements in the real estate profession. She is [...]
Sales of New Homes rose to their highest level in eight months. This is due to Home Buyers rushing to take advantage of the Tax Credit. The Commerce Department reported that sales were up 26.9% This is the largest advance or increase since 1963. 411,000 units in March compared to 324,000 in February.
This is our 15th Edition of our “Agent Spotlight” segment. We would like to introduce Dave King of Long & Foster Reston Virginia to our 20,000 daily readers as our 14th Northern Virginia Real Estate Agent this year.
Q How Long Have you been a Northern Virginia Real Estate Agent?
A I have been a Real Estate [...]
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NORTHERN VIRGINIA REAL ESTATE
PRINCE WILLIAM COUNTY VIRGINIA REAL ESTATE
FOR SALE – FORECLOSURE
MANASSAS VIRGINIA: 11706 BRADLEY FOREST RD MANASSAS VA 20112
Advertised Subdivision: BRADLEY FOREST
Presented By: Robert Earl of the Earl Of Real Estate Team Keller Williams Realty Reston Virginia
Offered At: $175,900
MLS ID# PW7301966 – PRINCE WILLIAM
When we first saw this property, we could not believe [...]
This is our 14th Edition of our “Agent Spotlight” segment. We would like to introduce Sybella Debesa of Weichert Realtors McLean Virginia to our 20,000 daily readers as our 14th Northern Virginia Real Estate Agent this year.
Q How long have you been a Realtor? Since October 2006
Q What designations do you have? ABR, Green Designee
Q [...]
Today is the last day the Fed is going to participate in the program of buying Mortgage Backed Securities, or MBS. Because the FED was in the market to purchase these securities they chose not to raise rates as it would COST THE FED MORE to buy them if they raised Interest Rates. Now that [...]
Home prices showed the smallest annual decline in almost three years in January, indicating there are surprising areas of strength in the housing market.
The Standard & Poor’s/Case-Shiller 20-city home price index fell just 0.7 percent from last year on a seasonally adjusted basis. The index reading of 146.32 Prices rose 0.3 percent from December to [...]
This is our 13th Edition of our “Agent Spotlight” segment. We would like to introduce Laura Evans of Prudential Carruthers Woodbridge Virginia to our 20,000 daily readers as our 13th Northern Virginia Real Estate Agent this year.
Q How long have you been a Licensed Real Estate Agent?
A I have been a licensed agent for eight years [...]
A vice president for one of the nation’s biggest banks claims customers looking for help in lowering their mortgage payments are often told to call an 800 number — where he says representatives then give homeowners the runaround.
The bank executive spoke to ABC News on the condition that ABC News not show his face or [...]
We saw this on ABC’s World News Tonight with Diane Sawyer. We felt it was important enough to publish the video in case you have not seen it yet. Whether you are on the side of the Banks or the Home Owners, is not the point here. The point is that this is affecting everyday [...]
Just like the old saying goes, “All Good Things Must Come To An End” so to will the Fed stop buying Mortgage Backed Securities (MBS). Throughout this time the Fed has kept rates low while they were buying these securities. Now that the program is coming to an end, it is only a matter of [...]
The Hope Now Alliance, “the private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors,” reported today:
January 2010 data estimates 99,499 homeowners received proprietary loan modifications for the month. Combined with the United States Treasury’s recently released Home Affordable Modification Program (HAMP) data that showed 50,364 HAMP modifications for January, the total number [...]
This is our 12th Edition of our “Agent Spotlight” segment. We would like to introduce Christina Macro of McEnearney Associates Arlington Virginia to our 20,000 daily readers as our 12th Northern Virginia Real Estate Agent this year.
Q How long have you been a licensed Real Estate Agent?
A I have been a licensed real estate agent [...]
Fannie Mae & Freddie Mac are expected to stop buying MBS or Mortgage Backed Securities at the end of March. This could be a sign that the Fed will raise interest rates by the end of March. Rates could rise anywhere from 25 to 75 basis points. What this means is that some buyers could [...]
This is our Eleventh Edition of our “Agent Spotlight” segment. We would like to introduce Steve Childress of Long & Foster Burke Virginia to our 20,000 daily readers as out Eleventh Northern Virginia Real Estate Agent this year.
Q How long have you been a Realtor?
A I was first licensed in 1967, and worked part-time while [...]
March 12, 2010
TG-586
Administration Releases February Loan Modification Report
Number of permanent modifications increases by 45 percent
WASHINGTON – The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) today released February data for the Administration’s Home Affordable Modification Program (HAMP). As of the end of the month, more than one [...]
This is our Tenth edition of our “Agent Spotlight” segment. We would like to introduce Gina Tufano Of Remax Select Properties Sterling Virginia to our 20,000 daily readers as our 10th Northern Virginia Real Estate Agent this year.
Q How long have you been a Realtor?
As long as I can remember….I was licensed in 1996 and [...]
I would like to take a moment to introduce myself. My name is Stephen Leiby, Editor In Chief Of The Northern Virginia Real Estate Times. I have been a licensed real estate agent now for just over five years now. I have lived in Northern Virginia now for over 15 years. Originally from New York [...]
This is our Ninth Edition our our ” Agent Spotlight ” segment. We would like to introduce Joan Stansfield of Long & Foster McLean Virginia to our 20,000 daily readers as our 9th Northern Virginia Real Estate Agent this year.
Q How long have you served in this area?
A I’ve served in the DC/MD/VA area for [...]
The S & P Case Shiller Home Price Index is a 20 City Index that measures home prices throughout 20 metropolitan cities of which Washington is one of them. Washington is up 1.9%. The latest index shows that the Home Price index was down in the Fourth Quarter of 2009. However there is improvement in [...]
This is our Eighth Edition of our “Agent Spotlight” segment. We would like to introduce Kelly Gaitten of Prudential Carruthers Hamilton Virginia to our 20.000 daily readers as our 8th, Northern Virginia Real Estate Agent this year.
Q How long have you been a Realtor?
A Licensed originally in 1991. I have been a full time agent [...]
Today marks the One Year Anniversary of the Government enacting the Making Home Affordable Program. So we ask you our readers and Real Estate Agents alike, is it working? Above is a video of Diana O’lick of CNBC talking about how Home Loan Modifications Nearly Doubled in January from 66,000 to 116,000. This is the [...]
This is our 7th Edition of our Agent Spotlight segment. We would like to introduce Justin Nielsen of Keller Williams Realty in Silver Springs Maryland to our 20,000 daily readers as our 7th, Northern Virginia Real Estate Agent this year.
Q How long have you been a Relator?
A I have been a Realtor for about 5 [...]
This is our sixth edition of our Agent Spotlight segment. We would like to introduce Karen Wenner Cooper of Century 21 Redwood Realty in Ashburn Virginia to our 20,000 daily readers as our 6th Northern Virginia Real Estate Agent this year.
Q How long have you been a Realtor?
A I have been a Realtor since [...]
Jill S. Zachariasse
19924 Augusta Village Place
Ashburn, Virginia 20147
Cell 571-334-0536
jillzachariasse@comcast.net
Objectives
Utilize the skills developed throughout my career to the utmost potential, while simultaneously becoming a significant asset to the profit and success of a prominent real estate business.
Experience
April 1994 – December 2004 | Assistant Sales Manager
Waterford Development, LLC | Reston, Virginia
New home sales [...]
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NORTHERN VIRGINIA REAL ESTATE
PRINCE WILLIAM COUNTY VA REAL ESTATE
FOR SALE
SHORT SALE
WOODBRIDGE VIRGINIA: 15767 SILENT TREE PL WOODBRIDGE VA 22191
Advertised Subsivision: MARKHAMS GRANT
Presented By: Kay Bal of Keller Williams Realty Reston Virginia
Offered At: $224,999
MLS ID# PW7249732
SHOWS WELL, HARDWOOD FLOORS, BERBER CARPET, 12×16 DECK, UPGRADED CABINETS, CROWN MOLDING, CHAIR RAILS, THREE-WAY GAS FIREPLACE, [...]
Our 5th segment of “Agent Spotlight” we are introducing to our readers our 5th Northern Virginia Real Estate Agent, Manuela Williams of Weichert Realtors in Woodbridge Virginia.
Q How long have you been a Realtor?
A I have been a Real Estate Agent for over Five and a Half years.
Q What made you decide to become [...]
In our Fourth Segment of Agent Spotlight, our fourth Northern Virginia Real Estate Agent we interviewed this year is Terry Belt of The Belt Team, a Real Estate Agent with Keller Williams Realty McLean Virginia.
Q How long have you been a Realtor?
A. I started as an intern during my junior year of college at Georgetown University in 1987 [...]
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NORTHERN VIRGINIA REAL ESTATE
PRINCE WILLIAM COUNTY REAL ESTATE
FOR SALE
HAYMARKET VIRGINIA: 2616 LOOKOUT RD HAYMARKET VA 20169
Advertised Subdivision: BULL RUN MT
Presented By: Kelly Gaitten Of Prudential Carruthers Realtors Hamilton Virginia
Offered At: $399,900
MLS ID# PW7220577 – PRINCE WILLIAM
Miles of Views! Mountain retreat with excellent commuter location. Chalet on almost an acre of flat [...]
In this our third segment of ” Agent Spotlight”, our third Northern Virginia Real Estate Agent we interviewed this year is Jennifer Vollmer a Real Estate Agent with Avery Hess Realtors Woodbridge Virginia.
Q How long have you been a Realtor?
A I have been licensed since 2007. I came into this business with specific goals and [...]
It’s that time of year again. The Northern Virginia Association of Relators (NVAR) will be taking its annual legislative trip to the State Capitol in Richmond Virginia. The Trip is scheduled for Thursday, February 4th, 2010. NVAR will be departing at NVAR Fairfax Headquarters at 7:30 AM and be returning at 6 PM.
Breakfast will be [...]
Bristow Virginia Inventory Levels January 2010
Dumfries Virginia Inventory Levels January 2010
Gainesville Virginia Inventory Levels January 2010
Haymarket Inventory Levels january 2010
Manassas Virginia Inventory Levels January 2010
Woodbridge Virginia Inventory Levels January 2010
Inventory Levels have gone down throughout Northern Virginia and Prince William County. This is the Housing Inventory Report for Prince William County Virginia.
Northern Virginia Real [...]
In this, our second segment of “Agent Spotlight”, our second Northern Virginia Real Estate Agent we interviewed this year. Natalie Bryant, Associate Broker with National Realty in Reston Virginia.
Q How Long have you been a Realtor?
A I began my career in 1985. I first obtained my license as an agent in Ft. Lauderdale, Florida, after [...]
Pending Home Sales went down month to month in November by 16% this compared to a 3.6% gain in October. Keep in mind all data is delayed which s why we are talking about November Pending Home Sales. The good news is that Pending Home Sales actually went up Year over Year for the month [...]
In this our first segment of “Agent Spotlight“, we are please to introduce to our readers, our first Northern Virginia Real Estate Agent we interviewed this year. Chuck Rifae, Associate Broker with ReMax Select in Leesburg Virginia.
Q How Long Have you been a Realtor
A I have been a Realtor in Northern Virginia for over [...]
The Northern Virginia Real Estate Times is please to announce that it is starting the New Year out with a new segment of our Newspaper simply called “Agent Spotlight“. Each week we will be interview a different Real Estate Agent that both lives and works in the Northern Virginia area. We will get to learn [...]
Home Prices are still improving but at a moderate pace month to month. However they are down year over year by 7.3%
Standard & Poor’s Case – Shiller Home Price Indices measures the residential housing market, tracking changes in the value of the residential real estate market in 20 metropolitan regions across the United States. One [...]
While everyone was getting ready for Christmas in Northern Virginia and Nationwide be it traveling or staying home, the US Treasury Department decided this was a good time to announce in the evening of Christmas Eve, a Press Release
TREASURY ISSUES UPDATE ON STATUS OF SUPPORT FOR HOUSING PROGRAMS
Today, the U.S. Department [...]
From All Of Us At The Northern Virginia Real Estate Times We Would Like To Wish You And Your Family A Very Merry Christmas And Happy Holidays. Enjoy The White Christmas We Are Having In Northern Virginia And Washington DC.
Northern Virginia Real Estate Times
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This week, twenty-one local area REALTORS® were installed as DAAR’s 2010 Board of Directors during a holiday party and grand opening of DAAR’s new offices in Leesburg. Tom Donegan, RE/Max Premier, Fairfax was installed as the 2010 Chairman by 2006 National Association of REALTORS® President Tom Stevens.
Six newly-elected officers Sue Smith – RE/MAX Premier, Dulles, [...]
Have Home Prices Stabilized? Pete Flint, Co Founder and CEO of Trulia, Diana O’lick of CNBC, and Ken Rosen, of UC-Berkeley Fisher Center for Real Estate dicuss in this video.
Pete Flint of Trulia stated home price reductions decreased in December. A significant number of price reductions decreased in the last month. This makes us think [...]
Home Values are Rising in Northern Virginia and elsewhere. Foreclosures are rising too as reported by Diana O’lick of CNBC. Home Buyer has increased over the summer thanks in part to the First Time Home Buyer Tax Credit. This in-turn is helping Home Sellers. Trulia reports that 22% of all Home Sellers reduced their asking [...]
VIRGINIA REALTORS ELECTED TO ASSOCIATION BOARD
Thirteen Virginia Realtors have been elected to the Virginia Association of REALTORS’ (VAR) Policy Board. The VAR Policy Board is responsible for administering the affairs of the Association within the bylaws and mission as approved by the VAR Delegate Body. Members also serve as directors of the Virginia Real Estate [...]
FOR IMMEDIATE RELEASE
CONTACT JEANETTE NEWTON, CEO
DECEMBER 7th,2009
703 777 2468
REGIONAL SHORT SALE FIELD GUIDE PROMOTES BEST PRACTICES
LEESBURG,VA – In response to a growing number of real estate short sales in the region, The Dulles Area Association of Realtors partnered with several area REALTOR Associations to create an online resource aimed at educating real estate practitioners [...]
Shaun Donovan, The Secretary of the US Department of Housing and Urban Development or ( HUD) announced today that the FHA may plan to raise borrowers premiums, credit scores, and down payments. They also plan to crack down on lenders and hold them accountable for bad underwriting , in an attempt to reduce risk. The [...]
Diana O’lick of CNBC reports that Pending Home Sales for the Month of October, 2009 are up 3.7%. Pending Home Sales rose again for the 9th straight month and up 32% from a year ago. This is the highest level ever recorded for this index.
The Pending Home Sales Index is that follows contracts signed in [...]
Diana O’lick of CNBC reports on the announcement of the Treasury Department to launch a “modification Conversion” drive. The Treasury Department is launching a nationwide campaign to convert trial modifications to permanent modifications. The Treasury Department plans to push lenders to modify more loans after the administrations 75 Billion Dollar housing bailout is falling short [...]
When someone asks you if your home is under water some people think there home is flooded. This isn’t the case. In real estate terms when your home is under water, it means you owe more on the home then what the market value of the home is worth.
Today we learned that the number of [...]
Housing Starts Have Dropped 10.6%
Multifamily Homes have Dropped 34.6%
Single Family Homes Have Dropped 6.8%
Building Permits are an indicator of Future Home Building and this has Dropped 4%
Has rising unemployment weighed more heavily then expected on the Housing Market?
Total Mortgage Applications Have Dropped 2.5%
Home Purchases Have Dropped 4.7%
Mortgage Refi’s Have Dropped 1.4%
Diana O’lick of CNBC, Howard [...]
The FHA today will no longer require two appraisals on higher – balance for properties in declining markets. This rule was put in place during the height of the Housing Crisis. The FHA Commissioner David H Stevens, the Assistant Secretary of Housing & Federal Housing Commissioner, stated that they saw no benefit in doing so. [...]
The Natioanl Association Of Realtors ( NAR) says Realtors are more optimistic about the housing market then ever before. The Chief Economist of the NAR Lawrence Yun released his Housing Forecast today. Read News Release
Kenneth Rosen, UC Berkley Haas School Of Business, Matthew Garrison of the Matt Garrison Group, and Diana O’lick of CNBC [...]
Diana O’lick, Larry Cutlow of CNBC discuss with Susan Wachter, a Professor of Financial Management at Whartons Richard B Worley, and Howard Glaser, Former Mortgage Bankers Association VP of Governmental Affairs discuss the progress of the loan modification program, and if we can expect a second round of foreclosures.
Northern Virginia Real Estate Times
Nearly 650,000 borrowers are now in a trial modification period. This is the program in which lenders work with the government get the borrowers down to the 31% Debt To Earnings Ratio. This report provided by Diana O’lick of CNBC.
Michael Barr, Assistant Secretary For Financial Institutions, of the US Treasury Department, stated that we are [...]
The Number of US Home Vacancies have risen to nearly 19,000,000 in the 3rd Quarter. What does this say about the “Housing Recovery”? Diana O’lick of CNBC reported that this is a record number of vacancies made up of both rental properties as well as Home Owner Properties.
Vacancy Rates
Total Housing Units 14.5%
Rental Units 11.1% [...]
Diana Olick of CNBC reported today that Existing Home Sales Surged and were up 9.4%. Some 5.57 million units were sold. This marks the highest total in nearly two years. The average median sales price was $174,900. This represents a decline of 8.5% below that of a year ago. There is a 7.8 month supply [...]
The Link below will provide you with a Market Analysis provided by NVAR of Prince William County Virginia Real Estate and a Home Market Analysis for September 2009. These numbers include the Cities of Manassas and Manassas Park.
You will see a breakdown of Condo sells with the Average and Median Sold Prices. Pricing Data for [...]
The Northern Virginia Association of Realtors or NVAR has released the September, 2009 Home Sales Report for Northern Virginia. Home Prices have increased 5% for the month of September, 2009. Pending Home Sales were also up by 13%. Home Sales in Northern Virginia were up by 2%. Finally, according to NVAR market statistics for [...]
Home ownership is good for one’s self and good for society.
So the House passed the climate bill. Or the energy and climate-change bill. Or the American Clean Energy and Security Act. Or whatever you want to call it. It’s got stuff to annoy the heck out of everyone in it, and may — somewhere in its 1,200 pages — actually do something for the planet.
Like [...]