NoVa Thought Spot

Never the fan of looking at broad statistics I am veering off a bit today in a brief look at real estate in Fairfax County through 2010. Let's look at the story of Fairfax County real estate in charts. The Prices Prices in both the single family and condo markets remained stable throughout 2010. ...

We hear the term "shadow inventory" pretty often these days, especially when the media is on a doom and gloom kick. What better than a term like "shadow inventory" to spark fear and concern, to keep viewers watching, and to generate clicks. In fairness they are probably not wrong to point it out ...

Over the last handful of years few things have grabbed more headlines than the housing market. The sector has been so troubled that it's only competition in the news has been Iraq, Afghanistan, and the financial crisis at large. As we have navigated through this period in history we have been pe...

If you are a condominium owner, or are looking to purchase a condo this video is for you. The assessment discussed in this video is not finalized so we don't know exactly how this situation will play out. However, the severity of this example only serves to make the points made in the video above...

  No, I did not go to Chris Cooley's house, but his house does tell us a good story about the Northern Virginia Real Estate market. Purchased a couple years ago for nearly $3,000,000  the home is now estimated to be worth under $2,000,000 according to a recent article in the Washingtonian. At nea...

Well for a lot of folks, it does! Unless you bought prior to 2003 and did't take out any equity during the peak. In that case Northern Virginia real estate is probably pretty amazing. Reality is: Many individuals have to save well into their 30's to be able to buy and put down enough to afford t...

The Shop at Giant Save at Shell program began earlier this year. As a zero fee program you have the chance to do something you already do anyway, buy groceries, and save money on something you also already do anyways, buy gas. Our family has been taking advantage and we typically save about 20¢ ...

The worlds as we know them, business, marketing, religion, even relationships, are going to see some notable changes as Millennials continue to filter into the market place. I am not a social scientist, and so do not have elaborate specifics, but I do propose one granular expectation that I have...