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January 08, 2009

Comments

Curious

Tony,

Do you have any stats on the number of homes that have been listed for sale over the last year but were later pulled off of the market without a sale? I would think there are a lot of people who still want to sell their homes but have decided to wait for a while before they try listing them again. If this is this case, won't these inventory numbers just shoot right back up as soon as the market shows more signs of stabilization?

Radar

Does that figure for December home sales include sales to banks and other lending institutions? Whenever I open the Loudoun section of the Sunday paper, it seems over 80% of the homes in Sterling (i.e., 20164) are to banks.

Cashflow Cindy

I purchases my first out of state property in Indianapolis last year. My goal was to flip it however I had to change my strategy when the house did not sell within 3-4 months. My tenant is moving into the property January 31, 2009.

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  • Tony Arko - RealtorĀ®/Broker-Owner - Complete Home - Loudoun County, Virginia
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