Another great week in real estate for buyers and sellers in the Oak Hill/Herndon area. There were a total of 111 net single family listings on the market for this weekend. There were 8 new listings. 9 homes sold this week - which is great for a summer week. There are buyers looking for houses and you can see it in the number of showings a home gets. The saying still goes - price and condition sells a home. Of the 9 homes sold, 3 were on the market less than 30 days (so it is possible), 4 were on the market 60 to 90 days and 1 was on the market 391 days( I bet they are excited). Overall, the market is doing well - seems to be well balanced between buyers and sellers. We seem to be back to the 1990s - where things were selling - but not in a frenzy. Have a great weekend and if you have any specific questions, I am just an email away.  This Sunday the 22nd I have 2 open houses going on 1 to 4 PM - I will be hosting the one at 12810 Kettering Drive in Fox Mill Estates and another open will be held at 2308 Southgate in Reston. Just to see if anybody reads this blog, if you are the first one to come to the Kettering Open and mentions this blog to me and a 25.00 gift certificate to Barnes and Noble (just in time for Harry Potter) - that will be what you will get. Hopefully, someone will claim it.

Well, I know the stock market is on a wild ride down. I know the Washington Post and other news vehicles have said that the real estate market is sluggish - but I am not sure they are looking at the Northern Virginia market. The home market in 20171 - Herndon/Oak Hill is doing great. We now have a net of 100 single family homes on the market - significantly down from last week. Less inventory means prices will be stronger. There were only 3 new listings this week - also down from last week. Sales remain strong - 8 homes received contracts this week - which, again, is terrific. I put a home on the market 10 days ago. The home received 3 contracts in the 10 days. The first was a low ball offer that was unacceptable. The second was a good contract but the third came in and took the home at full price. If the market was as sluggish as they say it is, this activity would not have happened - so we are doing well. A very balanced market between the buyers and the sellers. The moral of the story is to price your home well and get it in great shape - you will be rewarded for your hard efforts. Have wonderful weekend - enjoy the sunshine!

WIth the fourth of July behind us, the market continues to hold its own. As of Friday, there were 110 net listings on the market in 20171 - up a few from last week. 10 new listings came on the market this week with 6 homes receiving contracts. We continue to maintain the momentum that we have had all year. Prices are keeping firm. August is coming and usually a month that we think of the beach and peole start thinking of getting their children ready for school. September usually picks up for sales. It is a little cooler getting in and out of the car and the children are back in school. A tip for this week - remember to look at the front of your house from a buyer's eyes not yours - you will be amazed at what needs to be done. Most buyers and real estate agents determine how well you take care of your home and how it is going to look once the door is open from the outside.  Have a great weekend - enjoy the pools

First, I want to say that I am sorry I am a little late posting this information on the current market. I was not aware that anybody really paid much attention to this blog. Only joking - but I was at a settlement today and Roger and Jill (you know who you are and congrats on your new home) were worried the market might have fallen apart because I had not blogged in 2 weeks. The truth is, I went on vacation and was not aware that people were really interested on what the market was doing and how I interpreted it - especially in the 20171 zip code. Obviously, at least 2 people read this weekly - so now I am back. So much for the naysayers and the Washington Post. The market continues to show strength. For this week, there were 107 total listings, 7 new listings and 7 houses received contracts. The number of net listings remains stable to decreasing very slightly. A terrific summer week - especially with the 4th of July in the middle of the week. It is a great time for buyers to buy - it certainly looks like prices have stabilized. As always, those well priced houses that show well are getting the contracts. The last 3 houses that I have sold - all have been within $5,000 of full price. Something that was nearly impossible a year ago. I hope everyone had a safe and wonderful Fourth. Bless our troops! Congrats also to Matt and Keri - they sold their house this week.