Mar 08

Free Market Snapshot for Northern Virginia

By roykohn
How’s the market? Do you think I can sell my home and make some money? Is it a good time to buy? Buyers and sellers ask me these questions every day, and according to studies, answers to these questions are exactly what consumers require from real estate agents. It’s my job to be the neighborhood ... [Continue Reading]
Nov 03

Virginia Home Sales Report – 3′rd Quarter, 2011

By roykohn
Virginia Home Sales Report for the Third Quarter of 2011 This report is for the Commonwealth of Virginia but includes the Northern Virginia area If you want this sent to you as a PDF file, simply ask ... [Continue Reading]
Sep 20

Burke, Virginia Area Market Absorption Rates

By roykohn
The rate at which homes are selling is called the absorption rate, in other words, how many months of inventory would we have if no more homes were listed for sale. If 2 homes each month are selling and there are 6 homes currently listed, we have a 3 month absorption rate. Click this “Market Absorption ... [Continue Reading]
Jan 08

MD and VA Tax Assessments for Market Analysis

By roykohn
Tax assessments have absolutely nothing to do with home values. A tax assessment is simply the value placed on a home for tax purposes. Annual taxes are based on the assessment which is updated yearly. If someone improves a property and gets a permit, the new assessment reflects the improvement. Assessments are occasionally wrong and ... [Continue Reading]
Dec 14

Washington DC Area Market Absorption Rate

By roykohn
The rate at which homes are selling is called the absorption rate, in other words, how many months of inventory  would we have if no more homes were listed for sale. If 2 homes each month are selling and there are 6 homes currently listed, we have a 3 month absorption rate. The Market Absorption ... [Continue Reading]
Roy Kohn is a licensee with RE/MAX Allegiance in Burke, Virginia and is licensed to practice real estate in Virginia and Maryland.
Copyright © 2012 | Information deemed reliable, but not guaranteed. | Privacy Policy