The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median … Continue reading How Long Do Most Families Stay in Their Home?
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for … Continue reading Sellers: Your Home Must Be Sold TWICE
Washington D.C. Metro home prices set new all-time high of $460,000. May closed sales and new pending sales at decade highs; inventories continue to shrink by double-digits. Rockville, MD – (June 12, 2017) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by Elliot Eisenberg, Ph.D. of MarketStats by … Continue reading DC area prices reach highest monthly level on record in May
Where to look? What to rely on? How to keep current? I initiated this blog years ago because my Clients need and want trustworthy and informed resources on real estate matters. My clients also get prompt access directly to me to address important questions and issues they encounter and to prepare them for the transactional … Continue reading Online Real Estate Information Resources
In my regular email newsletter, there is a featured service where you can get the real story on your neighborhood -- or any neighborhood -- and see data about everything from schools to household income. Use the Neighborhood Widget to get all sorts of facts about your neighborhood or any neighborhood including schools, income levels … Continue reading All New Deep Data For Your Neighborhood
Ever wonder what happens every hour in the housing market?
The Details: 38,000 sq ft new construction home +17,000 sq ft of entertainment decks, 2 master suites, 10 oversized VIP guest suites, 21 luxury bathrooms, three gourmet kitchens, five bars, massage studio/wellness spa, state-of-the-art fitness center, 85-foot glass tile infinity swimming pool, 40-seat 4K Dolby Atmos Theater, four lane bowling alley/lounge, auto gallery with cars … Continue reading America’s MOST Expensive Home For Sale