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
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
Wardman Tower – Community Spotlight
It can be difficult to find a property that perfectly balances the past and the present—a space that embraces thoughtful and forward-thinking design, but not at the cost of ignoring a building and location’s historical roots, leaving those iconic aesthetic touches behind in favor of bland stylings that supposedly represent modernism. But urban dwellers looking
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
4 Reasons Why the 2021 Real Estate Market May Be Even Stronger than 2020
It’s no secret that the 2020 real estate market was different than any the U.S. has ever seen. The strangest part of the year was how strong the market finished in Q4. As of the date of this article, that full-steam-ahead market isn’t showing signs of slowing. In examining how the 2021 U.S. real estate
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
How COVID-19 Has Hit the Washington, D.C. Real Estate Market
Just like everywhere else in the U.S., Washington, D.C. has been through some serious ups and downs over the past six months as a result of COVID-19. Though many industries are suffering due to the pandemic and unemployment numbers are soaring, the real estate market in the D.C. Metro area is currently reporting higher than
