May Market Update and Newsletter As we head into the heart of the spring market, one thing is clear— uncertainty is everywhere. With talks of tariffs being paused and reevaluated, and interest rates fluctuating more than usual, many buyers and sellers are left wondering what’s next. At the time I’m writing this, mortgage [...]
It's time to be selective about who you pay attention to. Every couple of days I pull up the Washington Post to see that perspective and this morning was greeted with a top of the fold article declaring that the April job numbers were expected to be disappointing and a sign of the [...]
April Market Update and Newsletter Spring has sprung in the Northern Virginia Real Estate Market The spring market is officially in full bloom and things are heating up! We’re seeing more homes hit the market, which is a welcome change because buyer demand remains incredibly strong in our area. That means more people are [...]
The Spring Market is rolling along! The Northern Virginia Market writ large continues its traditional spring ramp up irrespective of the shifting political and economic landscape. There were a strong 742 sales last week, a 10% increase from the 674 the week before. That represents a 2% increase from last year week over week. Looking [...]
The Spring Market is here and it's looking rosy! As the flowers grow up out of the ground (along with home prices and inventory) interest rates are headed in the other direction. We are now looking at rates in the mid 6's and if you have earned the right to go VA you might [...]
March Market Update and Newsletter STRONG AND STEADY THIS SPRING There's been a lot of talk about the Northern Virginia real estate market, but much of it is more noise than reality. In fact much of it has been flat out wrong! Despite what you may be reading or hear, our market remains [...]
February Market Update & Newsletter The Northern Virginia real estate market continues to be full of surprises. Looking back at 2023, home sales in our region outpaced expectations, despite the challenges posed by higher interest rates. Many predicted rates would decrease, leading to increased sales. However, rates remained elevated, yet the market didn’t [...]
The market is Roaring....but there are some headwinds on the horizon. Buyers are out in force once again, booking showings and overwhelming Open Houses. One of my peers had 75 people through their open. The interesting thing was that all of that activity resulted in just 4 offers. Which brings up an interesting reality about [...]
January Market Update & Newsletter Another Year in the Books Reflecting on 2024 and Looking Ahead to 2025 Another year has come and gone, and what a year it was! It was a whirlwind for the real estate industry. But if you’ve been reading my blogs and newsletters, at least it hasn’t [...]
Home buyers have not shut down for the Christmas season just yet! Sales were up last week to 397 from 264 the previous week! Sellers who need to sell, and buyers who are taking advantage of that are continuing to put deals together. I put 2 places on the market at the end of [...]