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...]
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...]
The August 2020 Washington D.C. Metro Real Estate Markets Had Some Very, Very Strange Trends!
Wow!!! I have never seen year over year numbers like this before! Just look at some of the double digit changes from last year in almost all markets. Every city and county except Fairfax City, Falls Church and Montgomery County saw price increases … [Read more...]
July 2020 DC Metro Area Real Estate Market Continues to be Very Tight
Every county and city we are tracking except one had price increases over 2109 - some such as Alexandria City with 27%, Fairfax City with 22% and Arlington County in VA with 14% increase! Morgan County in WV had an 8% decrease but it only had 39 … [Read more...]
