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%
Market News
It’s a Jungle Out There: Local Home Buyers Tackle the Amazon Effect
Certain real estate realities might be deemed cliché because we hear of them so often, but a closer look at one in particular reveals it’s simply the best adage for the state of affairs in the D.C. region. As we open lockboxes on doors from the far reaches of Fairfax or Montgomery County to the heart of D.C., the one stark reality is the influence of “location, location, … [Read more...] about It’s a Jungle Out There: Local Home Buyers Tackle the Amazon Effect
Arlington Housing Study Seeks Relief for Tight Inventory
Arlington County will examine housing inventory in 2020 to determine alternatives to low inventory and rising prices, possibly giving homebuyers additional housing options in the tight market. Particularly with the addition of the Amazon headquarters, as well as Arlington’s Virginia Tech Research Center and other entities sure to follow, a lot of light is shining on the … [Read more...] about Arlington Housing Study Seeks Relief for Tight Inventory
Arlington Housing Study Seeks Relieve for Tight Inventory
Arlington County will examine housing inventory in 2020 to determine alternatives to low inventory and rising prices, possibly giving homebuyers additional housing options in the tight market. Particularly with the addition of the Amazon headquarters, as well as Arlington’s Virginia Tech Research Center and other entities sure to follow, a lot of light is shining on the … [Read more...] about Arlington Housing Study Seeks Relieve for Tight Inventory
Challenging Conventional Wisdom on the Housing Bubble
Ever wonder what was the true cause of the housing bubble and financial crisis of the early 2000s? Conventional wisdom tends to follow a common theme of bad loans, greedy investors, and oversupply. But a recent book by Kevin Erdmann challenges some of these oft-held beliefs with a data-driven resource that could change minds on how to avoid a housing boom and bust in the … [Read more...] about Challenging Conventional Wisdom on the Housing Bubble