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
Market News
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
Rapid Home Sale Trend Continues in D.C.
Though D.C. home sale prices so far this year have increased less than two percent over the same period last year, the Washington, D.C. market remains hot, with homes selling quickly once they hit the market, according to MarketStats by ShowingTime. From January through September of this year, the average days on market was just 37 for the District, down from an average of … [Read more...] about Rapid Home Sale Trend Continues in D.C.
Quick Sales, Higher Prices So Far This Year in Northern VA
Year-to-date home sales in Northern Virginia indicate sellers are enjoying quicker sales and prices up about 3 percent from last year at the same time. According to MarketStats by ShowingTime, 30,133 units have sold in Northern Virginia in 2019, up about 1 percent compared to sales through September 2018. One of the most notable changes from 2018 is days on market. … [Read more...] about Quick Sales, Higher Prices So Far This Year in Northern VA