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Archive for February, 2008

Well despite the national news of gloom & doom our little corner of the universe is doing well! Over the past 14 days we have had 10 single family homes, 14 Condominiums and 3 multi family homes go under agreement. The important part of this is that 50% of the [...]

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Despite this being School Vacation week we’ve seen an increase in the number of properties go under agreement (7) Condos and (3) Single family homes (including a house on 3 Brantwood Rd that was lisited for $1,385,000!) as well as continued strong showings at open houses. Additionally, there were several houses that had multiple [...]

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Local Info…

Real Estate is like politics… Local. One should have actual local market information based on personal experience of going to open houses when deciding where the market is. Anecdotal evidence is one of the best ways to determine where the market is. Last weekend at many open houses I saw many excited buyers visiting houses. [...]

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Spring has sprung?

This weeks activity has picked up considerably:
Condominums-
New to market 2
Under agreement 5
Single family-
New to market 7
Under agreement 3
Multi-Families-
New to market 2
Under agreement 0
We should see an increase in properties going under agreement this week. I’m basing that on the number of people I have seen at open houses and showings.  I was at [...]

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Facts & Figures

Lower rates are the story this week with 30 year fixed at 5.625% and Jumbos at 5.875%. Increased buying power is never a bad thing. MFL
January has been an interesting month in Arlington. There were 28 properties that went under agreement (Singles, condos & multi-families) see the chart below

 

Went UAG

Current Status

Price [...]

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