Market Updates

November Newsletter

By |2018-11-19T15:49:20+00:00November 19th, 2018|

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 [...]

October Newsletter

By |2018-10-10T12:05:19+00:00October 10th, 2018|

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 [...]

September Newsletter

By |2018-09-13T15:56:11+00:00September 13th, 2018|

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 [...]

August Newsletter

By |2018-08-14T09:34:42+00:00August 14th, 2018|

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 [...]

July Newsletter

By |2018-07-03T14:02:48+00:00July 3rd, 2018|

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 [...]

June Newsletter

By |2018-06-11T13:43:48+00:00June 11th, 2018|

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, [...]

April Newsletter

By |2018-04-10T20:06:20+00:00April 10th, 2018|

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 [...]

March Newsletter

By |2018-03-08T14:13:47+00:00March 8th, 2018|

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. [...]

January Market Update

By |2018-01-04T14:58:18+00:00January 4th, 2018|

I laugh with unbridled contempt at this silly "cold" spell. Remember, there is no such thing as bad weather. Just bad gear! Happy New Year! The temperatures in Northern Virginia are frigid, but the real estate market is anything but that. We are seeing activity throughout our area which is great for sellers. We [...]

December Newsletter

By |2017-12-11T13:18:28+00:00December 11th, 2017|

Market Update As we enter the holiday season, we continue to see strong sales numbers in the Northern Virginia housing market, even as inventory levels continue to decline. Right now we have 24% fewer homes for sale than the last week of November in 2016. We are seeing houses that are priced right often [...]