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Northern Virginia March 2007 Sales Activity

April 18th, 2007 5:52 PM

From http://www.nvar.com/market/marketdetail.lasso?articleno=nvarn100433

The Northern Virginia Association of REALTORS reports on March 2007 home sales activity for Fairfax and Arlington Counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.

A total of 1,752 homes sold in March, about 6 percent less than in March 2006, when 1,867 homes sold. This slight decrease is not completely surprising taking into account the deep freeze that may have discouraged activity among buyers and sellers in February.

Active listings increased from February as sellers prepared for the spring market, but total inventory remained below last year’s level by about 6 percent, standing at 8,077 active listings at the end of March, compared to 8,577 homes available at the end of March 2006. Homes continue to take longer to sell, with the average Northern Virginia home in March 2007 staying on the market for 101 days. In March 2006, homes averaged 53 days on the market (DOM).

The average sales price in March 2007 in Northern Virginia was $532,517, reflecting a 0.58 percent (six-tenths of 1 percent) decrease from the average sales price of $535,633 in March 2006.

The median price of a home sold in Northern Virginia in March was $460,500, about 3.46 percent below March 2006’s median price of $477,000. (The median price reflects the price at which an equal number of homes in the region are sold at higher and lower prices.)

See the numbers here: http://www.nvar.com/market/pressrelease/prnvmar07.html

Posted by Are Andresen on April 18th, 2007 5:52 PMPost a Comment (0)

Is Real Estate your dream job?

April 6th, 2007 9:33 AM

Compared with engineers and nurses, real estate practitioners are more likely to be enjoying their dream job, according to a national consumer employment survey conducted by Harris Interactive for CareerBuilder.com.

Nearly four out of five U.S. workers — 84 percent — say they aren’t employed in their dream job. Police and firefighters scored the highest in job satisfaction, with 35 percent saying they were in their dream job. Teachers ranked second with 32 percent. Real estate professionals came in third, with 28 percent of practitioners saying they currently had their dream job. The survey is based on responses from 6,169 full-time workers regarding job aspirations.

Top six professional groups indicating they currently hold their dream job:

Police and firefighters: 35 percent
Teachers: 32 percent
Real estate professionals: 28 percent
Engineers: 25 percent
Travel industry: 22 percent
Nurses: 18 percent

What defines a dream job?

“Workers said they want to enjoy their work experience, apply their talents, and feel like they’re making an impact,” says Richard Castellini, vice president of consumer marketing at CareerBuilder.com.

Topping the list of most important factors in determining a dream job were: having fun at work (39 percent); making a difference in society (17 percent); and money or salary (12 percent). Travel and creative opportunities within a position were at the bottom of the list.

In one of the more whimsical questions, respondents were asked what they'd like to do if they worked at a Disney theme park for a day. The survey was conducted in conjunction with Disney Parks. Real estate professionals opted for a haunted mansion butler or maid (26 percent), an apprentice pirate (25 percent), a jungle cruise skipper (23 percent), and a fantasyland princess in waiting (22 percent).

(from By Camilla McLaughlin for REALTOR® Magazine Online)

Posted by Are Andresen on April 6th, 2007 9:33 AMPost a Comment (0)