Are homeowners in or near Washington, D.C. beginning a migration away from the big city in exchange for the open spaces in surrounding counties? It’s difficult to detect a definite trend at this point, but August real estate inventory could suggest a bit of a shift. It’s been an emerging trend over the past few months. Inventory of available homes for sale in August for … [Read more...] about Market Shift: Inventory Increase in Alexandria, Arlington, D.C. Prices up across the board as surrounding counties sell like hotcakes.
homebuying
5 Ways to Make a Winning Offer in a Seller’s Market
If you’re thinking of making an offer on a home and are trying to predict market trends to position yourself to get the best deal, it’s a tough business. Swimming in uncharted waters as we have recently, it’s still a question mark as to where the market is headed. Still, homes locally are flying off the proverbial shelves. A quick look at homes that closed in Arlington … [Read more...] about 5 Ways to Make a Winning Offer in a Seller’s Market
Momentum Strong for D.C. Spring Real Estate
Don’t blink, because you just might miss that dream home. At least that’s the case for much of the D.C. region’s home selling market. For sellers, we’re seeing prices on the increase, and inventory still is low as we move toward spring. For buyers, you’re looking at historically low interest rates that can make it a bit more comfortable as you analyze the market’s prices. So, … [Read more...] about Momentum Strong for D.C. Spring Real Estate
Challenging Conventional Wisdom on the Housing Bubble
Ever wonder what was the true cause of the housing bubble and financial crisis of the early 2000s? Conventional wisdom tends to follow a common theme of bad loans, greedy investors, and oversupply. But a recent book by Kevin Erdmann challenges some of these oft-held beliefs with a data-driven resource that could change minds on how to avoid a housing boom and bust in the … [Read more...] about Challenging Conventional Wisdom on the Housing Bubble