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...]
March Northern Virginia Real Estate Market Still Tight
We are still suffering from extremely low inventory and days on the market across northern Virginia. For example, Loudoun County had 19% less inventory than last year, and the lowest inventory in March for 10 years! In some sectors, double digit … [Read more...]
No Relief for the Tight Home Market in Northern VA
Prices continue to rise in most markets. Those few markets that did not see an increase over last year are typically small volumes of sales and therefore more statistically volatile. Days on the market is generally lower than last year with tight … [Read more...]
October was always the least dependable of months…*
Market statistics for October were all ALL over the map...the only consistent set of metrics was that active inventory was consistently down compared to last year. This, combined with all the other reasons to sell in the "off season" should be enough … [Read more...]
I’m Starting to Sound Repetitive – July Sales Results are IN!
Mike says "Gee Honey, Really?..." July was about the same as every month this year, with inventory down and days on the market down in most ZIP Codes. Prices are up in most cities and counties, but the number of sales is variable. What this means … [Read more...]
April Showers Bring More Low Inventory
Homes were flying off the shelves again during April. In every county and city in Northern Virginia Days on the Market were down compared to last year. In the majority of cases, prices were up and inventory was down. It has been feeling like this is … [Read more...]