Category Archives: How’s the Market?

How’s the Market? Washington DC August 2014

032Market indicators in DC were mixed this August. Buyer activity was down in August relative to last. There were more active listings this August compared to last, but fewer new listings coming on the market. [Source: Real Estate Business Intelligence]

Full recap

My take: Buyers, competition is still strong for well-priced, attractive properties, but you have more options. Sellers, you must price carefully, get your property in tip top shape, and not necessarily expect quick or multiple offers.

If you or someone you know is looking for top-notch real estate service, contact me today! 202-905-5369 | jennifer.macomber@gmail.com.

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How’s the Market? Washington DC June 2014

032The DC housing market’s somewhat late surge this year continued on into June.

Closed and new pending sales were up this June relative to last. Inventory also continued to improve. The median sales price, however, dropped slightly this June relative to last – the first year over year decrease since January 2012. [Source: Real Estate Business Intelligence] Full recap.

DC buyers – your options are improving and interest rates are still historically low!

If you or someone you know is looking for top-notch real estate service, contact me today! 202-905-5369 | jennfier.macomber@gmail.com.

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How’s the Market? Washington DC May 2014

032The DC market picked up pace in May. Buyer activity increased with closed and new pending sales up slightly this May over last. Inventory also continued to improve, with increases in active and new listings, but still remains historically low. (Source: Real Estate Business Intelligence).

Full recap.

Interest rates also remain relatively steady and historically low making it a great time to buy!

If you or someone you know is looking for top-notch real estate service in the DC area, contact me today! 202-905-5369 / jennifer.macomber@gmail.com.

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How’s the Market? Washington DC April 2014

032Buyer activity did not rebound as much as anticipated this spring, after a slower winter. Inventory continues to improve, but is still historically low, and so median prices are at their highest point for April on record. Source: Real Estate Business Intelligence. Full recap.

My experience and what I am hearing from colleagues reflects this. There are a lot of buyers in DC, but not enough inventory. As a result, we’re seeing fewer sales and rising prices.

Buyers, you need a savvy agent to help you succeed in this market. I work with clients to identify great properties, write the strongest possible offer, and get a home that meets their needs. Potential sellers, well-priced and well-prepared homes do very well in this market. I know how to help you price and prepare to maximize your value.

Contact me today! 202-905-5369 / jennifer.macomber@gmail.com

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How’s the Market? Washington DC March 2014

032Buyer activity continues to be slow. Closed and new pending sales were down this March relative to last. Active and new listings were up, but inventory remains tight. (Source: Real Estate Business Intelligence, MRIS).

Full Recap.

With inventory tight, buyers need an agent who is strategic, knowledgeable, and can help them put together their strongest offer. Surprisingly, it’s not always just about price.

I’ve help many clients win in multiple offer situations and would love to help you, your friends, or family!

Contact me today: 202-905-5369/jennifer.macomber@gmail.com.

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How’s the Market? Washington DC February 2014

032The DC housing market continued a pattern of slower than usual activity in February, likely due to the weather.

Closed and pending sales increased this February relative to last, but only by single digits, rather than the double digit increases seen last year.

New listings declined this February relative to last and inventory remains very tight, contributing to price growth and quicker sales.

Full recap.

If you or anyone you know is looking to buy or sell, I’d love to help! 202-905-5369/ jennifer.macomber@gmail.com.

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How’s the Market? Washington DC January 2014

032Closed sales were at their highest level for January in 7 years. At the same time, new pending sales were down this past January compared to last, possibly due to the challenging weather. Full recap.

Open houses continue to be surprisingly well attended for this time of year. So potential buyers, let’s get started now! Sellers, no need to wait until the spring. With the inventory of available properties so low, now is a great time!

If you or anyone you know is looking to buy or sell, I’d love to help! 202-905-5369 / jennifer.macomber@gmail.com.

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How’s the Market? December 2013 Washington DC

032The DC housing market ended on a relatively strong note in 2013. Closed sales were up 21 percent and new listings rose 30 percent in December 2013 over December 2012. Full recap.

More anecdotally, open houses last weekend in some of DC’s more popular areas were exceptionally busy. Inventory also feels lacking again after improving at the end of last year.

So if you’re considering buying in 2014, I suggest starting now. If you’re considering selling, now is a great time. Contact me today! 202-905-5369 /jennifer.macomber@gmail.com

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How’s the Market? November 2013 Washington DC

032Closed sales were down this November by 13 percent, relative to November last year. At the same time, seller interest continues to be strong with new listings up 19 percent this November over November 2012. Full recap.

This winter could be a great time for buyers to sneak into DC’s tough market. Inventory improved somewhat in recent months with more new listings and interest rates remain historically low.

Let me help you buy a home! 202-905-5369 /jennifer.macomber@gmail.com

 

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How’s the Market? October 2013 Washington DC

032DC’s market momentum continued into October. Sales, new contracts, and median prices are all up this October over October last year. Full recap.

In my professional opinion, the next 3 months present a really good time to buy. New listings are up 34 percent this October over last October. Buyer activity generally declines with the holidays. And interest rates are holding fairly steady.

Let me help you buy a home! 202-905-5369 / jennifer.macomber@gmail.com

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