Market Updates
May 8, 2020 – Keep in mind that the housing market is strong and resilient. Everyone needs a place to live, and in previous recessions (other than that of 2008), housing prices have actually increased or remained steady. I predict…
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April 20, 2020 – At Compass, the health and safety of our agents, clients, staff, and the communities where they live, work, and play is our #1 priority. Here’s what we’re up to here at Compass to ensure that we…
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April 2, 2020 – The coronavirus has changed the American experience dramatically in just a matter of weeks. But what will its impact be on the American dream? The pandemic has significantly changed the outlook for the spring market here…
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February 27, 2020 – “2020 will prove to be the most challenging year for buyers,” according to Forbes, “not because of what they can afford, but rather what they can find.” The decline in mortgage rates is predicted to average…
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December 1, 2019 – Patience is a virtue, but that can be hard to remember when we’re dealing with the recent increases in traffic levels as our infrastructure undergoes transformation. Just like with the redevelopment and repair of existing WMATA…
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October 1, 2019 – Amazon’s new HQ2 complex is scheduled to open in Arlington this month. Media outlets nationwide and data-driven real estate companies like Redfin all agree that Arlington and Alexandria are the two most competitive housing markets in…
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September 3, 2019 – It’s been quite a long time since the 2008 financial crisis hit. In fact, this month’s recent announcement on the Federal Reserve’s borrowing rates is the first time since that recession that these rates have been…
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August 2, 2019 – There are always clients hoping for higher prices down the road. The past few months have shown that homeowners in the Northern Virginia area have been holding onto their properties for a variety of reasons. In…
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WASHINGTON — U.S. existing home sales slipped 0.4 percent in May, as the prolonged shortage of properties on the market is deterring home-buying. The National Association of Realtors said Wednesday that homes sold at a seasonally adjusted annual pace of…
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