… [Read more...] about Real Estate Market Changes on the Horizon Is the sellers' market winding down?
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Monarch Motivation Dive deep into the fun and rewarding benefits of a butterfly garden.
For the past several years, I have devoted space in my garden for a monarch butterfly habitat and have raised and released butterflies at the end of each summer. I learned quickly that rearing these glorious creatures is not for the faint of heart; it’s work and sometimes heartbreaking as caterpillars frequently fall victim to pests, disease, or injury. But when you get to see … [Read more...] about Monarch Motivation Dive deep into the fun and rewarding benefits of a butterfly garden.
Home Sellers: ‘Show Me the Money’ Cash is king as buyers compete for low inventory throughout the D.C. region.
And just like that, we’re one-third of the way through 2022. Year-to-date sales numbers remain strong throughout the D.C. region and continue to favor sellers. For buyers, cash remains king, as low inventory and stiff competition make for challenging face-offs with many homes receiving multiple offers and prices often climbing above asking price. From January through April, … [Read more...] about Home Sellers: ‘Show Me the Money’ Cash is king as buyers compete for low inventory throughout the D.C. region.
Alexandria Market Update Focus on Community of Waynewood
https://dcregionrealestate.com/?p=1107&preview=true … [Read more...] about Alexandria Market Update Focus on Community of Waynewood
Market Spotlight: Waynewood Million-dollar mark becoming quite common is this Alexandria community.
Sellers are reaping rewards in beautiful Waynewood, with the average sale price of homes so far this year at $966,775, based on statistics from BrightMLS, our association’s multiple listing service. For the year, 19 homes have sold. Of those, the three homes that sold in April averaged $1,170,000. Demand continues to outpace supply with buyers competing heavily for available … [Read more...] about Market Spotlight: Waynewood Million-dollar mark becoming quite common is this Alexandria community.
DC Region Real Estate Market Update for April 2022 Home prices continue to climb, while inventory goes down.
For more details see the related news story. … [Read more...] about DC Region Real Estate Market Update for April 2022 Home prices continue to climb, while inventory goes down.
Home Sellers Remain on Top amid Volatile Economy Real estate value enduring amid higher inflation and interest rates.
Sellers continue to run the table as we enter the spring/summer real estate season throughout the region, with bidding wars and above-asking sale prices remaining the norm. Even amid the backdrop of high inflation and rising interest rates, a substantial edge still belongs to sellers, with the economic impacts yet to be seen. With prices up and inventory remaining low, … [Read more...] about Home Sellers Remain on Top amid Volatile Economy Real estate value enduring amid higher inflation and interest rates.
Market Spotlight: Hollin Hills Sellers definitely have the advantage in this historic development.
On March 29, I checked BrightMLS, our multiple listing service and—emphasizing the region's low real estate inventory—no homes actively listed for sale in Hollin Hills. One “coming soon” property was slated to become active March 31, but if history is any guide—particularly in Hollin Hills—this new listing for more than $1 million, will likely be bought in the blink of an eye. … [Read more...] about Market Spotlight: Hollin Hills Sellers definitely have the advantage in this historic development.
March 2022 Real Estate Market Update Inventory remains low while prices and interest rates rise
Click here for more details on the local market. … [Read more...] about March 2022 Real Estate Market Update Inventory remains low while prices and interest rates rise
Springtime Sprint for Area Homebuyers Competition still stiff as inflation and economy prompt questions.
Sellers continue to rule the roost throughout the D.C. region, as prices (and inflation) continued to climb in February, while active inventory remained quite low. How low is inventory? Just take a look at last month. Washington, D.C. active listings were down 11 percent compared to February 2021. And most of the region reflected the same when comparing the two months. … [Read more...] about Springtime Sprint for Area Homebuyers Competition still stiff as inflation and economy prompt questions.