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
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.
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