No one can tell you with certainty when we're at the top of the market. The best we can do is follow trends as closely as possible and then look at certain indicators on the horizon that might tip us off to where we're going next. But if D.C. region home sellers ever wanted a period of time when prices were up, inventory low, and buyers stumbling over themselves to beat out the … [Read more...] about Are We at the Top of the D.C. Real Estate Market? April numbers have sellers on top and buyers chomping at the bit.
Local Spotlight: How Hot is Alexandria Real Estate? Sellers' market dominates as prices are up and inventory low.
If you have been thinking about selling your home this year, you’re probably already aware that throughout our region, it’s a hot sellers’ market! Here at D.C. Region Real Estate News, we give you a monthly rundown of the numbers so you can keep track of the market from Prince William and Fairfax to Montgomery and Prince Georges counties, as well as D.C. But today we wanted to … [Read more...] about Local Spotlight: How Hot is Alexandria Real Estate? Sellers' market dominates as prices are up and inventory low.
Blinding Fast Home Sales Dominate D.C. Region Buyers run to suburbs as prices are up across the board.
Our region's real estate market continues to roar as evidenced by how commonplace it is for homes to garner multiple bids—and some homes get far more than a few bids. In one case we recently experienced, a home received more than 30 bids, and nearly a dozen buyers conducted home inspections even before placing offers. The final price was more than 30 percent higher than the … [Read more...] about Blinding Fast Home Sales Dominate D.C. Region Buyers run to suburbs as prices are up across the board.
Red Hot D.C. Real Estate Market Explodes into Spring Make sure you have the right strategy to compete!
We’ve discussed the competitiveness of the local real estate market at length in recent months, and as we enter the typically busy days of spring and summer, there’s no sign of it letting up at all. Anecdotally, it’s a reality we’ve witnessed first-hand. A recent Old Town seller listed a home with us for $1,039,900. We received the first offer within about eight hours of … [Read more...] about Red Hot D.C. Real Estate Market Explodes into Spring Make sure you have the right strategy to compete!
Will D.C. Real Estate Market See a Spring Surge? Searing demand favors suburbs, but entire region still hot.
Despite the groundhog seeing his shadow and the fact that I’m watching sleet and snow pile up outside my office window, we’re quickly heading toward March, the spring, and what’s typically a busy real estate season. If you’ve been thinking about jumping into the market as a buyer or seller, this is the place to be for the latest on the market. So buckle up for a trip through … [Read more...] about Will D.C. Real Estate Market See a Spring Surge? Searing demand favors suburbs, but entire region still hot.
