In recent months, several large real estate companies—including Compass, Redfin, and Rocket Companies—have publicly pushed for more flexibility around how homes are marketed, urging MLS systems to “honor seller choice.” At first glance, that sounds reasonable. Of course, sellers should have choice. But behind that phrase is a much bigger shift in how homes are […]
In recent months, many condominium communities across the country — including here in the DMV — have faced unexpected roadblocks when it comes to financing. Both Fannie Mae and Freddie Mac have tightened their lending requirements for condos, causing significant delays and complications for buyers and sellers alike. As I work with buyers and sellers […]
In response to reports that he was gravely ill or had died, Mark Twain reportedly responded: “The reports of my death have been greatly exaggerated.” Same goes for the real estate market. While the reports of job losses, stock market downturn, and still high interest rates are unsettling, the real estate market in Northern Virginia […]
In 2023, Tysons Corner’s real estate market exhibited robust pricing amidst a moderation in transaction volume. The surge in interest rates contributed to a scarcity of available properties, causing heightened buyer anxiety and a limited inventory selection. Despite these challenges, homes continued to swiftly leave the market, often generating multiple offers and surpassing asking prices. […]
If you own a home in Fairfax County with bamboo on your property, you may be in for a surprise come January 1, 2023. Run amok bamboo has become an issue and the bamboo is difficult to remove and contain. A new Fairfax County ordinance goes into effect on that date, and neighbors can report […]
Located just down the street from Tysons Corner mall, Gates of Mclean is a community I have been active in for many years. Gates of Mclean is a medium sized condominium community squeezed in between I-495, Chain Bridge Road and the Capital One campus. Gates of Mclean was built back in 1997 as an apartment […]
2020 was an unbelievable year in so many ways. Who would have thought possible the amount of change we have all had to endure and live through? Some thrived, a few failed, and many struggled. Everything considered, real estate would been one industry that thrived. So, where is real estate now that 2020 is over? […]
The Gates of Mclean had another exciting year in 2020. There is a lot to be thankful for now that the Scotts Crossing connector is finally complete (and the Wegmans has opened across the street.) It has been some challenging years with non-stop construction dust, noise and roadwork closures. The prices at the Gates of […]
Summer is coming to an end and the real estate market in Northern Virginia ended up being surprisingly robust in spite of the economic uncertainty. While sales slowed significantly in the spring the summer has been very good for most sellers. The overall listing volume for the year is still down – the number of […]
The real estate market in Northern Virginia has remained open for business throughout the COVID crisis. Will sales slowed significantly in April, May and June it is back to business as usual in July. The overall listing volume for the year is down – but the number of listings increased significantly in June and July […]