As Summer Comes to an End... As a real estate professional I am often frustrated by the dichotomy between today's headlines and the economic realities of our local market. Did you know that what is being reported today and pontificated upon is the result of activity and economic decisions that typically occurred 2-4 [...]
Mid Year Update It is hard to believe we are already halfway through 2019. The two questions that I have are; where does the time go and where is the housing inventory? The number of houses in Northern Virginia remains extremely low – 20% below last year and nearly 33% from two years [...]
The Summer Market is Upon Us! It is hard to believe we are already through the Memorial Day holiday weekend. Time is really flying this year – at least it seems that way to me. Graduation parties are in full swing, summer jobs have started, weekend pool parties and the real estate market [...]
I’m Still Amazed... The real estate market never ceases to amaze me. We have weeks, months and years where sales go up and down, prices go up and down, inventory goes up and down, but now, we are dealing with people’s emotions going way up and way down – including real estate agents. [...]
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 [...]