Better than expected July home sales Northern Virginia

According to this FOX 5 Northern Virginia Real Estate News report, "There's a glimmer of hope for the housing market mess that's hit millions of Americans. Sales of existing homes did better than expected in the month of July, and experts say that's fueled in part by a hot foreclosure market" - reports Melanie Alnwick, of Fox 5's News.



One of the Northern Virginia Real Estate Market experts they spoke with was yours truly, and Lawrence Yu, Chief Economist for the National Association of Realtors.