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 [...]
December Market Update and Newsletter And just like that, the holiday season is here! Another year is almost in the books — it’s amazing how quickly the seasons change and time advances. So, what’s happening now in the real estate market, and what might we expect in the months ahead? Let’s dive in. [...]
With so much conflicting information about today’s real estate market, this seems like a salient time to share my perspective and to clarify where we truly stand in this market. Many buyers are holding off until after the election to make a move, but this may not be in their best interest. Historically, home [...]
October Market Update and Newsletter I often get asked whether now is a good time to buy or sell a home, so let's look at each scenario and break it down. If you're thinking about selling, consider the reasons behind your move. Is it for a job relocation? Are you retiring or needing [...]
I can't stand headlines! There are a lot of profound changes going on in the real estate market right now, and attention grabbing headlines that are at best surface level quips and at worst downright misleading abound. It started with the incessant focusing on the Fed actions on "rates" to reporting on market [...]