This month the market was rather strange in that inventory and sales were generally lower than last year and prices increased but average days on the market saw significant increases in some markets. My personal theory is that anything priced well is … [Read more...]
Upward Real Estate Price Pressure Continues in May 2019
Prices continue to show upward movement over 2018, particularly in the northern and eastern counties of Virginia. A first-quarter uptick in sales activity prompted a revised 2019 housing market forecast by the Northern Virginia Association of … [Read more...]
April Real Estate Market Prices Continue to Trend Up in DC Metro Area
Here are April 2019's real estate statistics for Northern VA, the WV Eastern Panhandle and South West Maryland. Prices is still generally on the increase, 4-6% over last year. When you consider the effect of compounding, real estate in this area is … [Read more...]
Maryland Real Estate Infographic
Check out this Infographic from the Maryland Association of Realtors depicting the housing market in Maryland for January 2019. Apparently prices were 5% higher than the previous year probably driven by the fact that there were 16% less sales than … [Read more...]
October 2018 Real Estate Trends – Increasing Prices, Decreasing Inventory Vs Last Year
Wow, pretty much across the board, we saw significant price increases and decreases in inventory in October 2018. With mortgage rates starting to tick up again, I think people are realizing that now is still a good time to invest in real estate, … [Read more...]
September Real Estate Market Didn’t Loosen Up Much!
Things are still pretty tight in terms of inventory despite rising prices and inventory. Our National Association of Realtors Cheif Economist, Lawrence Yun, puts this down the very high levels of employment, and we are certainly seeing that in this … [Read more...]
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