Economic Uncertainty, Consumer Confidence, Inventory, New Construction, Appreciation, and Sales are all Factors.
No matter where you look, inventory shortages are driving the real estate market. With fewer properties for sale, home prices have grown higher while sales periods have tightened. These conditions present tremendous opportunities for sellers, but it can be worrying for those individuals who also need to buy a new property after selling. Thankfully, those … Continue reading Tremendous Opportunities for Sellers Who Prepare
While Millennials are entering the home-buying game later than earlier generations, their desire to achieve the American Dream remains and is stronger than previous generations.
More than halfway through 2019, for those of you who are thinking of buying or selling a home this year, you might be wondering how the real estate market has shaped up so far this year.
I am sure you’ve seen or heard the headlines: "Interest rates are rising." Homeownership is no longer affordable." "The real estate market is headed for a bubble." While what is being said in the news media attracts attention, it’s critical to take a broader look at the housing market and historical trends to understand … Continue reading Take A Broader Look at the Housing Market
February 2019 Update: Low levels pushing prices for D.C. Metro areas to record February highs. Sales continue to slow. The February 2019 Washington D.C. Metro area median home price of $427,000 was up 4.1% or $17,000 from last year and marked the 29th consecutive month of year-over-year price increases. Sales volume across the DC Metro … Continue reading Metro DC Inventory Remains Historically Low
It’s hard to believe that 2018 is soon coming to a close. With the New Year fast approaching, you may be thinking about what you should do if you might buy or sell a home in 2019. While many people wait until spring to begin their home-buying or selling process, I’m here to tell you … Continue reading What To Do If You Might Buy or Sell a Home in 2019