TBD

See the profile of Local SixFortySeven on Good Morning America!

Then vote for them Saturday, November 21, as America's Best Food Cart!

Derek and Amanda Luhowiak are two amazing people who are walking the walk as the owners of "a mobile farm to fork kitchen focusing on local sustainable food."

www.localsixfortyseven.com

You might be wondering how I even know about Local SixFortySeven, and why I think they are important...

NVAR October Statistics

The Northern VA Association of Realtors has published its market statistics for October, 2009. There are a couple of things that I find significant about these numbers:

1. For the first time since the bubble burst, the number of Active Listings is less this October than in October 2005. Until now, Active Listings have exceeded their 2005 equivalent each month.

2. Homes Sold as a percentage of Active Listings has finally hit 20% or more in the last several months. For all of 2006, 2007, and 2008, this percentage has been well below 20%.

The Future of the Real Estate Market and Why

The National Association of Realtors (NAR) published their latest statistics last week that indicated pending home sales are on the rise for the eighth straight month. This, along with a decrease in inventory, has prompted many to declare that the housing market is stabilizing, and the bottom has been seen. It is true that there has been a surge in buying activity in the last several months, and it is true that inventory has been decreasing over the last several months, but the reasons these two conditions exist are not because the real estate market is stabilizing...yet.