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Market Update

By |2021-02-26T15:31:27-05:00February 26th, 2021|

New Home Prices Going Through The Roof! This week let's talk a little bit about the new home sector.  Home price appreciation in the new construction sector has risen quite a bit more than the resale market for a number of reasons. One is that buyers tired of losing out on resale homes are OK [...]

The Non Existent Housing Bubble

By |2021-02-19T15:53:43-05:00February 19th, 2021|

The Non Existent Housing Bubble As the market gets more and more crazy I'm hearing more questions and concerns about a market bubble.  I've addressed facets related to this in previous posts but let me take those concerns on in a comprehensive fashion right now.  In the Northern Virginia region a bubble is [...]

Time to Move Out of the Basement!

By |2021-02-10T16:56:44-05:00February 10th, 2021|

Time to move out of the basement! Kicking off this week's post with a fascinating study I recently read.  It seems that 52% of young adults are still living with their parents, which is a 110 year high!  Surely the pandemic is impacting this section of the housing sector as it is all [...]

The name of the game is: More Bidding Wars!

By |2021-02-04T14:09:00-05:00February 4th, 2021|

The name of the game is: More Bidding Wars! Well we have a month's worth of new data and the message is: A strong sellers market driven by limited inventory that I've been reporting on for a long while has reached DEFCON 1.  On Friday we ran the numbers and we were down [...]

The REAL Market Update

By |2021-01-28T10:55:51-05:00January 28th, 2021|

13.5 years is the average stay for people in their homes!! There is clue #1 into the seemingly perpetual question of why we don't have any inventory.   It makes one wonder why the stay is so long.  When I started in the business 31 years ago, in the Washington Metro area it was [...]

Platinum Club

By |2021-01-22T12:23:17-05:00January 22nd, 2021|

It's a New Year, but with familiar opportunities and challenges. Some of the whole year numbers for 2020 are starting to roll in but I'm going to initially focus on what we are seeing as a group in our Platinum Club team.  The inventory shortages that I have posted about ad nauseum are [...]

Open Seating – A Remodel Brings Function to the Table

By |2021-01-19T20:01:22-05:00January 19th, 2021|

Open Seating - A Remodel Brings Function to the Table Re-imagining our homes! The pandemic and all of it's enforced change have had a profound impact on how we live in and use our homes.  Many of you have spoken with me about getting the most out of your current spaces and here's [...]

January Newsletter

By |2021-01-07T13:10:37-05:00January 7th, 2021|

Market Update Happy New Year!  Welcome to 2021!  We're looking forward to an exciting year with lots of new challenges, adversity, change, but most importantly opportunity!  The good thing to note is that out of these situations come positive outcomes for many if you keep the right mental attitude, stay adaptable, and take [...]

What’s the Best Home Insurance Company for You?

By |2020-12-29T10:09:18-05:00December 29th, 2020|

What's the Best Home Insurance Company for You? Getting the right homeowners insurance policy is super important It's not just a matter of getting the best rate and customer service but it's critical to make sure you are not over, or more importantly, under insured.  A top quality agent at a good company [...]

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