A listing agreement is a contract between a home or property seller, and a real estate broker. The agreement is a set of conditions that allow the listing agent within a certain brokerage to find a buyer for the property. When they find a buyer and … [Read more...]
What Home Inspectors Look For
Today's post comes to us from Red Star Home Inspections. Hi, I'm Ryan. I've been inspecting homes for over 15 years and today I'd like to tell you a little bit about what we look for. Got questions while you read? Drop me an email at … [Read more...]
March 2019 Real Estate Market Looks More Like a Normal Spring Market
February's DC Metro markets were rather strange, looking like a buyer's market on paper, but but not behaving like it for those of us in it! March appeared somewhat more like a regualr spring market with prices starting to go up in many areas and … [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...]
June Market Statistics – Lower Sales Due to Tight Inventory and Interest Rates Going Up
This month I'm adding Jefferson County in WV and Frederick Counties in both VA and MD as I'm seeing some interest in those in the light of other NoVA and SoMD counties getting more expensive. The market is still very tight with lower inventory, lower … [Read more...]
Record Low Inventory in Northern Virginia in February
We had record low inventory in Northern Virginia again in February. For example, in Loudoun County we had the lowest recorded inventory in 10 years, with only 1.6 months of supply heading into March. Median prices grew 6% over last year in Loudoun, … [Read more...]