Circle Stats

October Rental Market Statistics are hot off the press.  October total properties rented in Fairfax Virginia were down from last year with a one month drop of 13%. (Larger than usual)  We attribute the October drop to the Government shutdown bringing all Government relocation's to a temporary stop. We did see a spike in la...

Steven Fishman wrote a great article about the pending changes for small property investors. We have all been waiting a long time for this, it simplifies how the IRS treats repairs and the improvements you make to your property.  Currently small and large investors have to treat improvements differently than a repairs. You fix a H...

We still see a stable rental market remaining inline with previous years. The average rent is still at historical highs with demand for rentals remaining with-in traditional norms for the past couple of years. The cart illustrates with the purple line representing average rent in 2012 compared to the blue representing 2013 We do no...

The Rental Market in Fairfax County Virginia still remains strong compared to 2012. The demand for rental housing combined with low supply is breaking new highs with the average rents topping $2,300 in July.  This may be an all time record. With the trends still quite strong and average units rented beating both 2012 and 2011 YTD,...

The Rental Market is brisk in Fairfax Virginia and Northern Virginia despite the high demand for homes being sold. June was a strong month for rentals Our strong June was partially attributed to a significant drop in sales of existing homes in the month of June. A rise in interest rates in early June led to the decline in s...

No records are being broken in Fairfax county and the days on market is still stubbornly high compared to 2012 and 2011 but the units rented and the average rents are on the rise. We seem to be trending very similar to previous years with some rental housing units cropping up for sale due to the high demand b...

The March RENTAL numbers look in-line with previous years. We have seen one positive improvement year over year with some small declines in average units rented and average days on market. Year over Year Average rent up 6% 2013: ($2143 vs. $2018) + Year over Year Average days on market up 25% 2013: (36 vs....

Like most years the statistics bare out the seasonality of the market with demand for rentals declining in January and a gradual improvement in February and improving with the season. I have attached a new chart for comparison. This new chart shows the previous year rental statistics for comparison and leaves out the s...

February is a mixed bag. While the Days On Market have improved from 41 days to 33 days which is a excellent sign but the average rent has declined from $2106 to $2053. We had a small decline in the total units rented from 433 to 429 which falls in line with the month of February. It's still to early to make any predictions on t...

Despite the constant drum beat from Capitol Hill we see demand for housing quite strong. Rents seem to be in decline but compared to most years this looks like a seasonal event more associated with time and weather rather than economic. Although its hard to predict any market movement so early in the year my comparison chart mig...