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
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
Selling and Buying: How to Easily Transition to Your Next Home in 2021
Unless you’ve been living under a rock for the past 12 months you’re well aware the U.S. is experiencing an extremely strong seller’s market. That is great for sellers, except for the fact that the majority of those sellers are also buyers. The truth is that the process of selling and buying can be a
3 Reasons Why the Real Estate Market May Shift in 2021
Though indications point to an even stronger market U.S. real estate market in 2021, and most experts agree this year will see growth in both home sales and prices, there are a few unknowns that may threaten this market. After all, the housing crisis of 2008 caught many people in and outside the industry off
2020 Market Recap. How Did COVID Affect the Real Estate Market?
2020 was quite a year. The world faced the most severe medical crisis in over a century, millions of people were left jobless, and we all had to adapt to a brand new way of life. In the midst of this whirlwind, the U.S. real estate market underwent some predictable and very unpredictable changes. Most
