Platinum Club

January Platinum Club

By |2019-01-23T09:30:22-05:00January 23rd, 2019|

Inventory, inventory, inventory!  Those of you who have followed my posts for the last several years have often heard me lament the imbalance of inventory and it's distorting effects on the market.  Well, we have reached a new low, so to speak.  We now have a meager 2,500 homes on the market in the entire [...]

November Platinum Club

By |2018-11-12T15:41:12-05:00November 12th, 2018|

The market is still humming along in a very balanced fashion.  Open houses are very busy and folks are still out looking, but they are getting increasingly frustrated by the lack of inventory in general and good inventory in particular.   And it's likely not ready to improve.  We have a 10% drop in week [...]

October Platinum Club

By |2018-10-22T06:05:03-05:00October 22nd, 2018|

Fall is a great season for stunning color and a still hot real estate market!  Plus this signals the pending end of the year and we are all eyeing big decisions by major corporations that will have a huge impact on our region.  More on that below. Our region continues to out perform [...]

July Platinum Club

By |2018-07-19T20:51:54-05:00July 19th, 2018|

The Summer Market is Different From the Spring Spring was absolutely crazy as the confluence of interest rates actually rising, tortuously low inventory levels and a blazing hot economy created a tough patch for home purchasers and a boon for home sellers (and mild schizophrenia for those doing both!).  Summer has brought a slightly [...]

May Platinum Club

By |2018-05-21T12:39:50-05:00May 21st, 2018|

The weather is heating up and the market is.............settling down just a little.  Folks this is a dynamic market.  It's a sellers market but how much of a sellers market changes with the wind.  Advice to sellers now is different than March which was different than January. Let's start with the numbers.  YTD [...]

April Platinum Club

By |2018-04-27T19:36:38-05:00April 27th, 2018|

Let's start off with a prediction. Don't be surprised if Amazon announces that it's second location will be out by Dulles Airport.  There are a host of reasons that are obvious, starting with the 30-40 acres for sale out there to expand by Dulles, commute hub, highly trained work force and tons of [...]

March Platinum Club

By |2018-04-02T10:09:45-05:00April 2nd, 2018|

Hopping into the Spring Market! The housing market in Northern Virginia continues to be on certain price points. Virtually anything under $450,000 that is in good shape, priced right and is not a condo is selling within days, above asking price with multiple contracts. Places in the $500,000-$650,000 price point that have [...]

11 must-haves to sell to millennial homebuyers

By |2018-03-05T12:40:19-05:00March 5th, 2018|

Calling all Millennials! As I mentioned in my most recent Platinum Club post Millennials are a major, major driver of the market and rest assured I'm ready and able to help meet your unique needs.  I'm actually working with the daughter of one of my first clients who would have been in the [...]

February Platinum Club

By |2018-02-28T09:11:23-05:00February 28th, 2018|

Buyers are out there, sales are up, you know what's next! It's not the mid 2000's by a long shot but the critical shortage of inventory, historic highs in consumer confidence and interest rates trickling upwards are creating price pressures in many areas and price points.  If you are a buyer and are [...]

January Platinum Club

By |2018-01-19T13:06:33-05:00January 19th, 2018|

This is shaping up to be one of the most interesting start of the New Year markets I've experienced in my almost 30 years in the business. First the meat.  Inventory in the NOVA area is down to a meager 3,366 homes.   That is down 18% from 2017, which was down 24% from 2016!   [...]

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