CLAYTON, NJ November 20, 2009
/24-7PressRelease/ -- According to the most recent MRIS Weekly Market Activity Report dates November 16, 2009, there has been continued improvement in the Washington D.C. housing market.
The report highlights that "With the home-buyer tax credit now expanded and extended, sales activity in the MRIS region slowed down as expected for the week ending November 7. And by "slowed down" we mean it only posted a 40 percent year-over-year increase as opposed to a 53 percent increase. That's our roundabout way of saying that market activity is still extremely robust."
As noted in the report, both the Housing Affordability Index and the Pending Sales inventory have seen increases, specifically:
• When compared to last year's numbers, the Housing Affordability Index has increased 19.1%, making purchasing a home an option for more potential homebuyers.
• Weekly Pending Sales have also increased 37.5% from last year.
The continued forward-motion of the housing market, even if slow, is a good sign of a much more positive 2010.
About EXIT Realty Talbot and Company Broker/Owner, Helena Talbot
Helena Talbot has been a licensed member of the Virginia real estate community since she earned her realtor license in 1979. By 1985 she had obtained her brokerage license. She is a current member of the National Association & Virginia Association of Realtors, the Northern Virginia Association of Realtors and the Dulles Area Association of Realtors. She has served as President, Director and Committee member of the Dulles Area Association of Realtors. She has been honored as Dulles Area Assoc of Realtors - Salesperson of the Year 2000 and Realtor of the Year 2003.
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