State of the D.C. area real estate market: Where did all the listings go?

We’re now firmly in the spring market, and there’s one question that has emerged that’s pretty hard to avoid: What happened to listing inventory in the City of Alexandria and in Arlington County?

At the end of March, most of the metro area had roughly the same number of listings on the market as this time last year.  But in Arlington County, inventory is down 40%, and in the City of Alexandria, there were exactly half as many homes on the market.

Half.

Where did the listings go?  Contract activity is a little higher than last year in both of these areas. But it isn’t contract activity that accounts for the big drop in inventory.

Continue reading “State of the D.C. area real estate market: Where did all the listings go?”

Winter 2018 Marketwatch: More of the same?

2017 ended with a bit of a whimper, as contract activity on our region’s real estate market cooled off along with the weather. But it was an overall solid year, with Washington, D.C. continuing to outpace its suburban neighbors. What’s ahead for 2018?

We’ll put our forecast into three categories: Steady State, the Wildcard and the Tantalizing Possibility.

Continue reading “Winter 2018 Marketwatch: More of the same?”

Living with grandma, housing market exacerbating inequality and STC “Free For All”

Local Real Estate News

Continue reading “Living with grandma, housing market exacerbating inequality and STC “Free For All””

Are the Washington Redskins coming to Reston? Plus, D.C. median home price hits $566K

Local Real Estate News

Continue reading “Are the Washington Redskins coming to Reston? Plus, D.C. median home price hits $566K”

10 most, least expensive D.C. neighborhoods; 3D printed buses that “learn”

Local Real Estate News

Continue reading “10 most, least expensive D.C. neighborhoods; 3D printed buses that “learn””

Checklist for winning a bidding war, 4 things Baby Boomers want in their next home

Local Real Estate News

Continue reading “Checklist for winning a bidding war, 4 things Baby Boomers want in their next home”

Brexit and what it means for U.S. homebuyers

Local Real Estate News

Continue reading “Brexit and what it means for U.S. homebuyers”