Metro DC Inventory Remains Historically Low

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

CMAs, BPOs, AVMs and Appraisals Explained

This article explains the four most common valuation methods used for real property transactions and how and when they are used. It’s important to note that the methods below are not necessarily mutually exclusive. Lenders, servicers, investors, and other professionals use one or more of these valuation methods, depending on circumstances and the type of … Continue reading CMAs, BPOs, AVMs and Appraisals Explained