Casey's Blog

Arlington Real EstateHere at the Casey O'Neal Team we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Arlington residential real estate statistics for the 1st week of October and Month of September.Active lis...

The National Association of Realtors reports that mortgage disruptions are working their way through the housing market.   Lawrence Yun, NAR senior economist, noted that “These temporary problems are primarily with jumbo loans, and there are continuing issues for sub prime borrowers, but there a...

The Virginia General Assembly adopted a number of revisions to state laws related to property disclosure issues that took effect on July 1, 2007. One of the bills requires a revision to the Virginia Residential Property Disclosure Statement and Virginia Residential Property Disclaimer Statement....

In the Metro DC area for the month of June, Buyer traffic fell back to levels seen in Fall of 2006.  For the most part, most buyers who don’t have an urgency to buy now are watching the inventory grow and sitting on the fence, observing a good number of price reductions.  Rising inventories and ...

The "close in" Northern Virginia real estate market has come alive in 2007.  The Spring has produced more inventory, although the buyers are out shopping as well.  Generally the local market has favored the buyer since the market correction began in August of 2005.  Prices dropped in 2006 and thi...