August 2024 Market Update
Below is a market update for the DC Metro Area for August 2024. Here are the five key takeaways: 1) Sales Activity in the region has slowed down, and it is, in fact, the slowest in 16 years. However, there are wide discrepancies across the region. 2) High home prices sideline some buyers. The me
July 2024 Market Update - More Contracts are Falling Through
Anybody watching closely can see the signs of change in the housing market. Mortgage rates are finally coming down, and the Federal Reserve promised a further decrease in September. Inventory has steadily increased since the start of 2024, and homes are staying on the market longer. While it's stil
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