The Northern VA market remains strong as the median home price in Fairfax County was $447,450 for February 2015, up 6.9% from February 2014.
Townhouses on the rise: The percentage of sales in our region that that are townhomes is increasing, as are townhome prices. This may be a sign of a foretasted wave of first time home-buyers expected to enter the market this year.
Interest rates remain under 4% - helping buyers enter the market, and saving money for home owners who are ready to refinance.
