If D.C. real estate watchers expected a dramatic dip in home sales and a slowing market in March, it didn’t materialize according local sales data from MarketStats by ShowingTime. Of course, market indicators likely will lag a bit, and dramatic changes could be on the horizon for April and May in particular, but March numbers revealed a continuing trend toward robust sales … [Read more...] about D.C Area Real Estate Market Remains Strong, Despite COVID-19
Blog
Top 5 Safe Home Showing Practices Amid COVID-19 Take this critical step to prevail in a home bidding war.
As with just about every other walk of life, the current COVID-19 situation is affecting real estate as well. As far as financial impacts, that remains to be seen—and it’s something we at DCRegionRealEstateNews.com are following diligently. We’re also watching other developments and are ready to serve any way we can. For home buyers, we are ready, willing and able to show … [Read more...] about Top 5 Safe Home Showing Practices Amid COVID-19 Take this critical step to prevail in a home bidding war.
Momentum Strong for D.C. Spring Real Estate
Don’t blink, because you just might miss that dream home. At least that’s the case for much of the D.C. region’s home selling market. For sellers, we’re seeing prices on the increase, and inventory still is low as we move toward spring. For buyers, you’re looking at historically low interest rates that can make it a bit more comfortable as you analyze the market’s prices. So, … [Read more...] about Momentum Strong for D.C. Spring Real Estate
What Does the Fed Rate Drop Mean for Homebuyers?
As global markets reel from the coronavirus outbreak, the Federal Reserve slashed the federal funds rate by 1 percent March 15, bringing the rate to virtually zero. Does that mean mortgage rates will hit such lows as well? No. Mortgage interest rates are impacted more by the bond market, not the Federal Reserve. Even before Sunday’s rate cut, mortgage and refinance … [Read more...] about What Does the Fed Rate Drop Mean for Homebuyers?
D.C. Area Ranks High for Livability … and Traffic
Last year, Business Insider ranked the nation’s capital as one of the best places to live in America (Washington, D.C. ranked 19), offering a robust job market and great communities. But such desirability attracts population, and that often means more traffic. So it was no surprise D.C. also ranks fifth among the most congested U.S. cities. But according to INRIX Research in … [Read more...] about D.C. Area Ranks High for Livability … and Traffic
Hot Spot: Wine, Food, and Fun at River Bend Bistro
FORT HUNT—After doing some early tax preparation one recent Saturday, my business partner (wife Angela Logomasini) and I decided to make our way to River Bend Bistro & Wine Bar, because we knew the 2 p.m. wine tasting was about to start. Having been to the 7966 Fort Hunt Rd. outpost in Alexandria several times before, we found two bar stools and settled in for a great … [Read more...] about Hot Spot: Wine, Food, and Fun at River Bend Bistro
Community Superstar: Wine, Art, Inspiration at Wine Gallery 108
OLD TOWN—Just steps into the wine shop at 108 N. Patrick Street, you’re hit with splashes of vibrant color that quickly indicate Wine Gallery 108 is much more than a wine shop. It’s an experience that Lisa Katic began a little more than two years ago. Where else can you browse the handcrafted gifts, contemplative paintings around every corner, and experience the color, flavor, … [Read more...] about Community Superstar: Wine, Art, Inspiration at Wine Gallery 108
Pricing Your Home to Sell
Every home seller wants to know how to get the most money for their home—and get it sold fast. A number of factors come into play, but none are more important than setting the right price. In fact, overpricing a property is the biggest mistake many sellers make. In the final analysis, overpricing will likely yield a lower sale price than what they could have received had they … [Read more...] about Pricing Your Home to Sell
Recommended Plants for the Wildlife Garden
One of the best parts about home ownership is having the opportunity to create wildlife-friendly spaces. If you own a condo, that might mean planting some flower pots to feed butterflies, and if you own land, you can create your very own private wildlife sanctuary. You can see photos of mine on Flickr. That’s what I have done with my yard. When I first moved in, the grass … [Read more...] about Recommended Plants for the Wildlife Garden
January 2019 vs. 2020: How Arlington’s Avg. Home Sale Price Jumped 47%
Combing over January’s area home sale stats from SmartCharts MarketStats by ShowingTime, I’ve become accustomed to seeing higher home prices across the region compared to the same month in the previous year. With low inventory and some eager buyers, it’s not surprising at all. These conditions make for quite a strong and competitive sellers’ market. Even so, as I wandered into … [Read more...] about January 2019 vs. 2020: How Arlington’s Avg. Home Sale Price Jumped 47%