- According to the National Association of REALTORS® (NAR), sales of existing homes increased in October, even with some regional impact from Superstorm Sandy. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.1 percent to a seasonally adjusted annual rate of 4.79 million in October from a downwardly revised 4.69 million in September, and are 10.9 percent above the 4.32 million-unit level in October 2011.
- National home values continued their year-long climb in October, rising 1.1 percent from September, according to the October Zillow Real Estate Market Reports. The monthly increase was the largest since August 2005, when home values rose 1.2 percent month-over-month, and represents the twelfth consecutive monthly increase. Annually, home values were up 4.7 percent from October 2011, the largest gain since September 2006.
- Americans are feeling less discouraged about the housing market, according to a new national survey by FindLaw.com. The percentage of Americans who say they are sitting on the sidelines rather than considering buying a house has dropped by more than half. In 2010, 63 percent of Americans said they were less likely to buy a house because of the state of the economy. Today, that number has fallen to 30 percent in the latest FindLaw.com survey.
- Mortgage rates continue to hover near record-low territory. The average 30-year fixed mortgage rate fell one basis point over the past week to 3.53 percent, according to Bankrate.com's weekly national survey. The average 15-year fixed mortgage rate fell slightly to 2.86 percent (two basis points higher than the record low), while the average jumbo 30-year fixed mortgage rate sank to a fourth-straight record low (4.01 percent).
- Builder confidence in the market for newly built, single-family homes posted a solid, five-point gain to 46 on the National Association of Home Builders Housing Market Index (HMI) for November. This marks the seventh consecutive monthly gain in the confidence gauge and brings it to its highest point since May of 2006. According to NAHB Chairman Barry Rutenberg, builders are reporting increasing demand for new homes as inventories of foreclosed and distressed properties begin to shrink in markets across the country.
I specialize in helping buyers and sellers invest in real
estate in Loudoun County and Northern Virginia.
I have over 25 years experience in the real estate industry. As a
Broker/Owner with Exit Realty Talbot and Company, I bring special tools and
solutions that enable me to exceed the expectations of my clientele. If
you are considering listing your property in Loudoun County or the nearby
areas, ask me about our latest internet marketing systems. I would
appreciate the opportunity to earn your business. I am experienced in
listing and selling short sales. For information on the short sale
process, please visit www.LoudounShortSaleSolutions.com.
My past awards and designations include – 2003 President of the Dulles
Association of Realtors, 2003 Dulles Area Assoc Realtor of the Year,
Salesperson of the year 2000 Dulles Area Assoc of Realtors, Top Producer
awards from both the Dulles Area Association and the Northern Virginia
Association of Realtors. I am a member of the Top 5 in Real Estate
Network.
I have lived in Loudoun County since 1979. I am married with two
grown children and two grandchildren. My son in law is my business
partner in real estate. I love to jog in the mornings and spend time
relaxing on my Trawler during the summer months.
Loudoun County and Northern Virginia Real Estate Sales and
Solutions – Helena Talbot, Broker. I specialize in helping buyers
and sellers invest in real estate in the Northern Virginia area to include
Loudoun County and surrounding areas including Fairfax, Clarke, Fauquier,
Prince William Counties. Our local neighborhoods includeLeesburg, Ashburn, Sterling,
Potomac Falls, Brambleton, Broadlands, Lansdowne, River Creek, Belmont Country
Club, Beacon Hill, Shenstone, Waterford, Lovettsville, Purcellville, Hamilton,
Round Hill and
Bluemont.
Cell 703.727.9885 Office 703.574.3800
Free iPhone/Android Mobile App to search Northern Virginia real
estate. 2 easy ways to get the App: Text “Exit9” to 87778 or enter http://87778.mobi/Exit9 into
your browser.
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