Real Estate Market Report for Alexandria and Northern Virginia May 2011
The recent Case-Shiller report noted that, “In the midst of all these falling prices and record lows, [the metro] Washington DC was the only city where home prices increased on both a monthly (+1.1%) and annual (+4.3%) basis.”
That is GREAT news for our market.
The Case-Shiller Home Price Indicies tracks 20 cities in the United States, including New York, Boston, Chicago, Los Angeles and many others. This report is highly regarded as the most influential report published about the nation’s real estate market.
Take a look for yourself:
And for a free comparative market analysis of your neighborhood, give me a call at 703.927.4554.
It’s a great time to buy a home!