A few minutes west of George Washington’s Mount Vernon sits a couple of historic gems just waiting for curious history hunters. Just off Richmond Highway south of Jeff Todd Way, the Woodlawn and Pope-Leighey House combine 18th century history with some interesting mid-century modern architecture. In the late 18th century, Woodlawn Plantation became part of greater Mount … [Read more...] about South Alexandria Historic Gems Woodlawn and Pope-Leighey House
Low Inventory Keeping Local Prices on the High Side Sellers still in control in 22306, 22307
The market throughout Fairfax County continues reflecting trends that have taken hold throughout the region for quite a while. For sellers, prices were up nearly 4 percent from January through August of this year, compared to the same period in 2022. More locally, in 22306 prices were up just under 1 percent, and in 22307 they were up about 3 percent. Average days on market … [Read more...] about Low Inventory Keeping Local Prices on the High Side Sellers still in control in 22306, 22307
D.C. Real Estate Market Sees Low Inventory and Cautious Buyers Economy is still dominant player in homebuying decisions.
As the D.C. real estate market drifts into deep autumn and toward the holiday season, trends that began in the late summer have taken hold. Though the D.C. real estate market inventory remains low, changes in buyer enthusiasm has shifted competition to sellers. The result is properties are on the market a bit longer, and many sellers have dropped prices to find that sweet … [Read more...] about D.C. Real Estate Market Sees Low Inventory and Cautious Buyers Economy is still dominant player in homebuying decisions.
Real Estate Market Reflecting Economy’s Volatility Buyers have a bit more flexibility, but interest rates on the rise.
The real estate market appeared to catch up to some of the warning signs we’ve seen in recent months, as prices in Fairfax County dipped in between July and August. The average sold price in the county in July was $771,198, and median price was $650,000. In August, those numbers slid a bit, with average and median sale prices dropping to $721,095 and $635,000 respectively. … [Read more...] about Real Estate Market Reflecting Economy’s Volatility Buyers have a bit more flexibility, but interest rates on the rise.
Home Ownership as a Hedge Against Inflation Belvoir-Based Museum Details the History of the American Soldiers
After reaching 9.1 percent in June, the inflation rate backed off to 8.5 percent in July. Though a bit of a drop from the previous month—and aside from this year so far—inflation hasn’t been this high since December 1981. Now, in the early part of this year, a lot of homebuyers challenged by stiff competition in the spring decided to take a break as we moved into summer. But … [Read more...] about Home Ownership as a Hedge Against Inflation Belvoir-Based Museum Details the History of the American Soldiers
