Katie Wethman's Northern Virginia & Washington, DC, Real Estate Blog

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Real Estate Agent - Keller Williams
Arlington Real Estate, Northern Virginia Real Estate, DC Real Estate, District of Columbia Real Estate, Fairfax Real Estate, Alexandria Real Estate, Falls Church Real Estate, Old Town Alexandria Real Estate, Ballston, Clarendon, Virginia Square, Rosslyn, Courthouse, Orange Line Real estate, Shirlington, Continental, Eastview, Westview, Lexington Square, Alta Vista, Colonial Village, Odyssey, Ballston880, Eclipse, Berkeley, Hyde Park, Phoenix, Zoso, Lyon Village, 1021, Clarendon 1021, Courtbridge, Heatherlea, Dupont, Georgetown, Cleveland Park, Chinatown, Mount Vernon Square, Foggy Bottom, Glover Park, Woodley Park, Adams Morgan, Kalorama, Mount Pleasant, Columbia Heights, Waterfront, Southwest Waterfront, first time home buyer, first time homebuyer, buyer’s market, foreclosure
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  MARCH 2018   MARKET UPDATE Your housing search this spring may seem like it requires a pot of gold! The February median price reached the highest in a decade, interest rates are still climbing, and inventory is holding low. While this sounds grim, these are all just trends of the averages over...
03/20/2018

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February 2018UMARKET UPDATESThe groundhog may have seen his shadow, but in the real estate market Spring is coming early! While working with our buyer clients, we are seeing bustling open houses around the DC Metro area and crowded showing appointments. Driving some of the clustering at listings ...
02/20/2018

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January 2018  Greetings!     In the News  Local Market Update Tax Law Update & Market Impact Wethman Group PERKS! Client Appreciation Program Launches Local Market Update December was busier than normal for sellers and buyers!    In the DC area the market remains hot. There were 695 sales, which ...
01/19/2018

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Greetings!  In the News  Local Market Update Tax Bill Update  Fed Increases Rate New Loan Limits Local Market Update: November was a busy month for sellers and buyers! While we are approaching a slower time of year, serious buyers are still out looking, in hopes of taking advantage of lower inter...
12/20/2017

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Greetings!   We may sound like a broken record, but October followed the suit of the trends we have been seeing in the local market across this year: low inventory, but continued sales and price increases. October marked the 18th month of year-over-year decrease in inventory with active listings...
11/20/2017

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Greetings!   In September we typically see a flurry of market activity following a bit of a lull in August, and this year was no exception. New listings were up over 18% from August, and new pending sales were up from September last year. Inventory remains tight, with the 17th consecutive month ...
10/17/2017

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Greetings! As summer winds to a close, we are seeing some changes in the market, but it is too soon to tell if this is part of a seasonal cooling or a bigger emerging trend. The year-over-year July median price in our area inched up 1% from last July but was down 3% (just over $15,000) from last...
08/31/2017

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Greetings! We've seen cooler temperatures in our area here recently, and a bit of a cool down in the housing market. The spring market may have just peaked--June saw the most homes sold in a single month in our area since 2005. The median sales price, however, dropped slightly from May's all-tim...
08/01/2017

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Greetings! The temps are hot and so is the market! The median sales price in our area reached the all-time high for any month on record, topping the previous high of $446,000 reached in June 2016. New contract activity was up over 4% over last May's record.  May finally saw a nice increase in ne...
06/21/2017

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Greetings! The Spring market is in full swing, with lots of activity on the buyer side, but the real story is still low inventory. The median sales price in our area reached the highest on record  for the second month in a row, easily beating last April's record by 4.1%, and up 3.9% from last mo...
05/26/2017
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Katie Wethman

CPA, MBA, Realtor - Northern Virginia & DC Real Estate
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A forum for comments, Q&A, and discussion about the greater Washington, DC, real estate market. Learn more about me at www.katiewethman.com