In 2021, we saw the housing market do some crazy things. Inventory remained low, while buyers—both those moving to the DMV and relocating within it—remained high. Pricing reached unpredictable highs, and the competition for a ratified contract was unfathomable. The housing shortage is still going strong throughout the nation, but the market has shifted a
5 Kitchen Trends to Follow
Of all the rooms in your home, few receive more traffic than your kitchen. Let’s do the math: assuming you’re home to eat an average of two meals a day; that in itself is 10 meals a week. Multiply that times 2.5 people in the household, times 50 weeks per year, and that’s 1,250 trips
5 Things We Saw in 2021 From Builders We Love
The past year was filled with challenges—some-more expected than others—and the home construction market was no exception. Supply chain issues caused shortages throughout the world, some of which (like wood) impacted home builders and buyers alike through supply and associated price jumps. Despite the challenges, builders continued to do their best to deliver quality construction
Inventory is Low, but What Should You Really Compromise on?
While the market has settled slightly since the summer 2021 peak, inventory throughout the DMV and country remains slim. Nationwide active listings have declined by more than 20 percent and as we approach winter, a traditionally lower inventory time of year, it’s unlikely the listing rate will surge anytime soon. The good news is the
Cadence at Lansdowne Community Spotlight
At every stage, life brings you new adventures and endless possibilities. This is the guiding force behind Cadence at Lansdowne, a new 55+ community from Brookfield Residential, located in the heart of Lansdowne, Virginia, in eastern Loudoun County. Opening this fall, Cadence at Lansdowne is a unique community consisting of only 75 villa homes, ideal
You’re Permanently Remote: 5 Reasons to Stay in the DMV
As the world continues to battle the Covid-19 pandemic, remote work for many has continued to be the norm, rather than the exception. Throughout the pandemic, workers throughout the DMV adapted to remote working possibilities, often taking up residence in beach houses and vacation properties less prone to transmission and restrictions. We’ve already seen relocation
Exactly What To Look Out For If You’re Planning To Sell In 2021
2021 is definitely a great year for home sellers. Everything seems to be going their way. Homes are selling for well over the listed price and are usually only on the market for a few days. But there are still things sellers need to be aware of in this kind of whirlwind real estate market.
Exactly What to Look Out for If You’re a Buyer in 2021
So far, 2021 has been a very exciting time in the U.S. housing market. Buyers and sellers alike are taking advantage of this rare opportunity. While sellers are able to get top dollar for their homes and seeing incredible returns, buyers have access to historically low-interest rates which offset the higher asking prices and give
How to Tell If We’re Heading toward a Market Shift
For the better part of the last decade we’ve been in a seller’s market, and each year this seller’s market has gotten stronger. Even during the height of the COVID-19 pandemic in 2020, the U.S. real estate market reached record sale and sale price numbers despite the fact that the country was experiencing the worst
Is 2021 a Good Year to Buy a Rental Property?
In a market as hot as the one we’re experiencing, does it make sense to buy a rental property? The simple answer is, yes, as long as the numbers make sense for you. Just like purchasing a rental property in any other market, it all comes down to the potential profitability of the property and
