Generally August prices were higher this year than 2022, the only exceptions being Falls Church and Washington DC. This is again driven by higher interest rates which are preventing existing home owners from moving unless they have to. Why trade a … [Read more...]
June 2023 Washington DC Real Estate is a Conundrum
We are still working with a very strange market compared with a year ago! Prices are holding steady in more markets than not. However, sales are down and inventory is down as sellers hold onto their low interest rate mortgages. Days on market are … [Read more...]