So far this year, it has been disappointing for both the sellers and buyers in trying to stabilize this market. January started strong and looked like it would be a good Spring market for Northern Virginia. When things slowed a few weeks past, I first thought possibly it was the snow/cold weather, but it may have been the stimulus package. I am not sure if it is the fact that the stimulus package has not passed or if we think or not think the stimulus package will not do the job. I would love to know what other people opinions are? There were 54 single family homes on the market in 20171 - Oak Hill/Herndon. 5 new homes came on the market. To see them, use this link http://matrix.mris.com/Matrix/Public/Email.aspx?ID=29055775601 None of which were foreclosures - they were all seller homes. There was 1 relist so that actually there were 4 new listings. The bad news is that only 2 homes sold this week. one was on the market for 188 days and started at 475,000 which I thought was too high at the time - should have been more around $435,000 and no higher than $450,000. The house was on the market at $400,000 when it got a contract. The other was a short sale - which is hardly considered a sale since they are listed low to attract an offer and then the bank has to approve them.  To see the homes that got contracts, use this link. http://matrix.mris.com/Matrix/Public/Email.aspx?ID=29055761949 So since January 1st, 2009, 9 homes received contracts and 4 of those were short sales. To see these, check out this link http://matrix.mris.com/Matrix/Public/Email.aspx?ID=29056011902 When you look at the numbers, 1.2 homes are selling per week that is owned by a seller and is not a distressed sale. This is out of the available 54 homes. All we can hope for is that the stimulus package gives the confidence back to the consumer and gets our market going.  One positive is that I have seen a little bit of increase in phone calls and web site hits so there are still buyers out there - even if they are sitting on the fence.