As we move deep into the holiday season—where typically the market slows just a bit—we’re not yet seeing many signs of that this year. On top of that, we continue to see demand shifting slightly toward suburban areas, with inventory nearby the district actually up from last year at this time. Looking at the November numbers from MarketStats by ShowingTime—our local multiple … [Read more...] about Heavy Competition Kicks Off Holiday Season Home Sales Home shoppers looking for more space, lower prices in suburban D.C.
Active D.C. Real Estate Market Enters Fall on Strong Note Advantages for both buyers and sellers alike exist throughout the region.
The combination of limited inventory, high demand, and low interest rates again revealed that benefits exist for both home sellers and buyers as we move toward the winter. But one thing is certain, if you’re seriously looking to purchase, you’d better be ready to pounce. According to SmartCharts MarketStats by ShowingTime, for sellers in every jurisdiction we follow, average … [Read more...] about Active D.C. Real Estate Market Enters Fall on Strong Note Advantages for both buyers and sellers alike exist throughout the region.
Who’s Winning and Losing in D.C.’s Real Estate Market? Low inventory and low interest rates help both buyers and sellers.
When tracking the real estate market, people often ask us: Is it a buyer’s market or a seller’s market? Right now, trends suggest that there’s good news for both. Prices are up for sellers throughout the D.C. region, while inventory for buyers has also opened up in some markets. Along with drastically low interest rates, buyers are looking still more positive news. One … [Read more...] about Who’s Winning and Losing in D.C.’s Real Estate Market? Low inventory and low interest rates help both buyers and sellers.
Market Shift: Inventory Increase in Alexandria, Arlington, D.C. Prices up across the board as surrounding counties sell like hotcakes.
Are homeowners in or near Washington, D.C. beginning a migration away from the big city in exchange for the open spaces in surrounding counties? It’s difficult to detect a definite trend at this point, but August real estate inventory could suggest a bit of a shift. It’s been an emerging trend over the past few months. Inventory of available homes for sale in August for … [Read more...] about Market Shift: Inventory Increase in Alexandria, Arlington, D.C. Prices up across the board as surrounding counties sell like hotcakes.
Let’s Make a Deal: Tips for Sellers with Offers in Hand Don't accept anything until you read this!
In this wild D.C. region market, many home selling scenarios often unfold in the following way: You list your home on Thursday, have an open house on Sunday, and by Monday you have multiple contracts on the home. Now all you have to do is pick the highest offer and you’re done, right? Well, not really. It’s not just a matter of choosing the “highest offer.” It’s a matter … [Read more...] about Let’s Make a Deal: Tips for Sellers with Offers in Hand Don't accept anything until you read this!
