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...]
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...]
Will the Northern Virginia Real Estate Market Have its own ‘Amazon Effect’?
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...]
Housing Inventory Remains Tight in the DC Metro Area
January was another tight month for real estate. In fact, my home county, Loudoun County had the lowest level of inventory in the past 10 years according to a study by George Mason University and the first time, median prices in Loudoun County … [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...]
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