Market Updates

The REAL Market Update

By |2020-10-28T20:58:19-05:00October 28th, 2020|

The REAL Market Update A little good news for those frustrated home buyers! Sorry you buyers, it's still a full blown sellers market, but there are some encouraging realities and improving data out there for you! Inventory has ticked up for 6 weeks in a row now to 3,210 homes on the market in [...]

The REAL Market Update

By |2020-10-16T15:45:08-05:00October 16th, 2020|

The Real Market Update As we are now firmly entrenched in the 4th quarter it's time to look not only at what is going on but take some informed, data driven shots at what is coming down the pike, especially as it relates to the distress sale market (short sales and foreclosures). I'm [...]

October Newsletter

By |2020-10-08T14:51:38-05:00October 8th, 2020|

An Unexpected Fall Market Real estate continues to be the shining light in the current economic recovery. Buyer   demand, housing prices, and new and existing home sales continue to be strong - not only in Northern Virginia but also across the country. Our issue continues to be low inventory levels for the demand [...]

September Newsletter

By |2020-09-11T12:54:57-05:00September 11th, 2020|

September Newsletter Here Comes Fall (and all things pumpkin spice) The Global Pandemic has not slowed down the real estate market here in Northern Virginia. Low inventory levels continue to be the main issue as there are many buyers in the market and not enough homes to purchase. Couple this with historically low-interest [...]

The REAL Market Update

By |2020-08-21T14:57:37-05:00August 21st, 2020|

The REAL Market Update We are starting to see some significant shifts in behavior amongst the buying public as a result of the inventory shortage and especially low interest rates that I talk about most every week here.  One which I mentioned earlier is becoming a stronger component of the market:  Namely a [...]

August Newsletter

By |2020-08-06T08:37:38-05:00August 5th, 2020|

August Newsletter As we enter the dog days of summer... And prepare for a new version of back-to-school, I hope you and your family are safe, remaining healthy, and are making wise decisions when going out in public. This month’s update may seem like a broken record, but it is what it is [...]

The REAL Market Update

By |2020-07-30T14:15:27-05:00July 30th, 2020|

The REAL Market Update This week let's address some new topics before diving into the raw data.  The first is what's going on in the mortgage market.   I'm fielding a LOT of calls right now about potentially refinancing, with folks asking me to run through whether it makes sense and what options are out there.  [...]

July Newsletter

By |2020-07-08T13:48:24-05:00July 8th, 2020|

As We Begin to Reopen... As we transition into Phase III with some areas beginning to open up while  others remain on restricted status, I encourage you to stay safe and make wise  decisions when you go out in public, so you and your family continue to remain healthy.  I will continue to [...]

The REAL Market Update

By |2020-07-03T15:21:54-05:00July 3rd, 2020|

This week I'm going to focus on some new things that are going on in the market place that are shifting things in a somewhat fundamental way.  Fear not you wonky types.  We'll get to the numbers too.  Typically in an appreciating market there are certain "governors" on price appreciation, irrespective of market conditions.  I'm referring [...]

The REAL Market Update

By |2020-06-26T10:00:21-05:00June 26th, 2020|

I'm having flashbacks to the mid 2000's with bidding wars and contingencies being waived.  With all respect to Flo Rida not even Shawty got as low low low as inventory levels are now!  We are at a mere 2,408 homes on the market in all of the whole of the Northern Virginia market [...]

Go to Top