We love Northern Virginia and the surrounding areas. And with Amazon coming town, doesn’t that just make us love it a little more? Of course. But what can you expect to see happening in the surrounding real estate market in the months (and years) to … [Read more...]
What Looks Like a Buyer’s Market, May Not Be!
February's markets behaved unusually, to say the least... prices, sales and inventory were down, and days on market were up generally. These three trends would generally indicate a buyer's market. While that is true in some of the slower moving (more … [Read more...]
November Real Estate Market Stats – Now With Frederick County VA and the City of Winchester Included
I seem to be doing a lot around Frederick County and Winchester City recently, so I'm adding them to the list for monthly stats. In the higher volume markets we generally saw price increases of 2-4% over the previous November although some of the … [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...]
Continuing Tight Housing Inventory in July 2018
July continued with tight inventory, generally lower days on the market in Northern VA, and surrounding counties is VW and MD. Prices are generally up since last year. This month I've added Montgomery county MD as I've had some inquiries there. Check … [Read more...]
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