ARCHIVED BLOG POSTS
2019
Groundhog Day is when Punxsutawney Phil predicts whether there will be early spring like weather or whether there will be another 6 weeks of winter weather. The celebration occurs on February 2nd of each year. Whether Phil sees his shadow or not often helps determine when the spring real estate...
01/30/2019
The headline from Reuters on January 23, 2019 is certain to grab attention for anyone considering buying or selling a home this spring: US Home Sales Hit 3 Year Low. It cites National Association of Realtors® statistics that existing home sales declined 6.4%, the lowest level since November 201...
01/25/2019
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Comments
Chesterbrook Woods experienced an active real estate market in 2018. 21 homes traded hands last year vs. 26 in 2017. With a total of 540 homes in the Chesterbrook Woods Citizens Association geographical area, this is about 3.9% of the market in 2018 vs. 4.8% in 2017. Real estate is cyclical an...
01/23/2019
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The numbers are in for 2018 and the news is good for Reston real estate. We experienced 1316 transactions in 2018, a 2% increase from 2017. That’s on top of a 3% increase from 2016 to 2017. So the market has had considerable improvement in the past two years. If we compare to the 2008 market ...
01/11/2019
The statistics for 2018 real estate transactions in McLean and Great Falls have been tallied. The numbers are down year over year, with 1,096 total transactions compared to 1,214 the previous year. The good news is the market is considerably improved over 2008, a decade ago, which totaled only ...
01/04/2019