As you relish the goodies, decorate every nook and corner of your home 
and enjoy the get-togethers... 
May the joy and festivities continue to radiate in your lives, 
long after Christmas is gone. 
Merry Christmas!Happy New Year!

 

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Fairfax – Homebuyers in Northern Virginia this past November were not kicking tires. The November housing market gained compared to November 2015 in the Northern Virginia Association of Realtors® region, which includes the counties of Fairfax and Arlington, and the cities of Alexandria, Falls Church, Fairfax and Clifton. The average and median sales prices leveled off with each having about a 2 percent decline, which helps buyers understand that waiting does not present advantages.

“More local buyers and sellers reached agreements this November, resulting in a 25 percent rise in home sales compared to last year, perhaps because of a sense of urgency,” said 2016 NVAR Chairman Virgil Frizzell. “The changing political landscape and likely increases in…

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There are several signs that strongly suggest the Feds will raise the interest rates during their next meeting, including these articles in the New York Times, Forbes, and Bloomberg. The committee meets from Dec. 13-14 for the final time this year, during which time they will announce their decision about interest rates.

Fed Chair Janet Yellen has said previously that any increase in rates will be 'gradual' so if the expected increase does take place it will probably be very small.

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