Recently the question on everyone's lips is "are we at the top of the market"? Mortgage loan rates have gone up 50% in the last few months, and I'm seeing rates in the low 5% range for people even with excellent credit. However, personally I don't … [Read more...]
December 2021 DC. MD, VA and WV Real Estate Statistics Are Still Erratic
The main trend was that all markets saw price increases over December 2020 with the exception of Alexandria and Manassas Park City in VA. In most markets the volume of sales and active inventory were lower than the previous year, major exceptions … [Read more...]
October 2021 DC Metro Real Estate Market was Unpredictable to Say the Least!
The October 2021 metro DC real estate market was pretty erratic. Compared to last October 2020, some markets had lower inventory, some had higher inventory, many had prices higher than last October but in some markets they were lower, some had higher … [Read more...]
June 2021 DC Area Real Estate Statistics Continue Previous Trends
The trend continues - Virginia cities and counties close to DC, while still seeing price increases and record sales, have much increase increased inventory and longer days on the market. This trend spread from DC, Arlington and Alexandria out to … [Read more...]
May 2021 Metro-DC Real Estate Market Continues to be Mercurial!
The trend seen in recent months continues. Prices are still rising across the region and sales volumes are higher than this time last year. In most areas this is leading to less inventory and less days on the market. The exceptions are generally the … [Read more...]
February 2021 DC Metro Real Estate Market – I Felt It But The Numbers Don’t Lie!
For several months it has seemed like I have been working with an unusually high number of buyers wanting to move away from DC/ dense areas of MD and VA to more rural settings in MD, VA and WV. It seems like everything between an hour and two hours … [Read more...]
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