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 [...]
Fed cut = rates ticking up? The Fed dropped the Discount rate half a percent and rates....ticked up! If you read my blogs you know that I've been telling you 2 things. One, mortgage rates don't track directly with the Fed's rate (they are literally one day rates) while mortgages are usually 15-30 [...]
NoVA Farms Where You Can Pick Apples and Pumpkins This Fall From NorthernVirginiaMag.com Now that fall is here, we’ve all got apple cider and pumpkin picking on the brain. If you have either “visit a pumpkin patch” or “pick apples” on your fall bucket list, there are plenty of options around NoVA. Here’s [...]
September Market Update & Newsletter As we step into the beginning of fall with cooler temperatures and apple-picking season in full swing, the Northern Virginia real estate market is also experiencing some noticeable changes. While mortgage rates have dipped by nearly 1% since June, this hasn't yet brought a rush of eager buyers [...]
The August real estate cycle is back. In many of the preceding years in our local market, the normal ebbs and flows that follow the calendar (spring market, holidays, etc) largely got leveled out. People are going on vacations in August and it looks like they are taking a break until the new [...]
August Market Update & Newsletter As we enter August, the real estate market isn't as hot as the weather we've been experiencing this year. Despite this, it remains a strong seller's market, though the intensity has definitely cooled slightly compared to earlier in the year. You may recall from previous newsletters that we saw [...]