Will the Spring Market Arrive Sooner than Later? What an interesting January we have experienced both weather-wise and in the real estate business. We have golfed and we have shoveled snow/ice this month. We have had multiple contracts on some houses, and we have had houses sitting on the market (with no showings) [...]
Merry Christmas and Happy Holidays! As you are out shopping, heading to parties, potlucks and the like, we too are in full holiday mode in the real estate market. Inventory is dropping as sellers who are not in a "must sell" situation are taking their homes off the market, leaving us with sellers [...]
I am Grateful for You! Now that another Halloween has come and gone, hopefully you weren’t spooked by the real estate market and the news that you have heard about it. The market is good – not bad – not slow – not great – just good. People need to expect that their [...]
Welcome Fall! I know it’s October and Halloween is just around the corner, but now is not the time to be spooked by the real estate market. The local real estate market is still quite sunny and the economy is downright scorching! Unemployment at the lowest rate since 1969, Manufacturers Confidence the highest [...]
As Summer Comes to an End... The real estate market was not hot like the weather in August – it was slow relative to July’s numbers, but we were relatively consistent with last year’s numbers. The lack of activity resulted in sales being lower compared to July by about 9%. The reason for [...]
As Summer Winds Down... Wow, did the summer fly by or what? It seems like it just started and it is already nearing the end. Mine was helped along thanks to my annual trip to Liberia from which I just returned. Have you all had any adventures this summer? I hope so. In what is good news [...]
Mid-Year Update The feverish pace of the Spring Market has broken though you couldn't tell that from the weather! With half of the year over, the real estate market in Northern Virginia has slowed to a normal pace. This has put some sellers and Realtors in a bit of a panic as they [...]
Hello Summer! As we head into the long, hot days of summer, we are seeing that the Northern Virginia real estate market is in a "weird" place right now. It appears that some current buyers are creating unrealistic expectations while on the search for their new home – not every house is perfect, [...]
Welcome to the Spring Market! As we enter what is considered to be the "Spring Market" in real estate, we are lacking one thing that makes sales "spring"… houses to sell and houses to buy! We have plenty of buyers looking and many more expressing an interest in becoming home owners, but very [...]
Spring is here…. Save for the dusting of snow! The real estate market in Northern Virginia continues its roll into the Spring selling season. Inventory on resale homes has risen slightly, but so have sales. The slight rise in interest rates have not slowed things down and we don’t expect anything to change. [...]