Well, 2020 definitely didn’t go out with a whimper, and the beginning of 2021 looks like the roaring will continue when it comes to real estate in the D.C. region. Demand is high all around, but there’s a continuing trend toward the suburbs as home buyers search for more space and some (slightly) lower prices in the region. While home prices remain robust pretty much … [Read more...] about Home Buying Shift to Suburban D.C. Continues as We Enter 2021 Inventory tight in Fairfax, Prince William, Prince Georges, and Montgomery counties.
Market News
Heavy Competition Kicks Off Holiday Season Home Sales Home shoppers looking for more space, lower prices in suburban D.C.
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.
