(real data from DC neighborhoods like Burleith, Georgetown, Berkeley, Hillandale, Glover Park and Foxhall Village)If you’ve ever read a headline like “Home Prices Are Soaring!” or “Housing Market Crashes by 25%!” (real example from one month ag0), you might have…
Washington, DC, is once again experiencing a population resurgence. For the first time in five years, DC's population has surpassed the 700,000 mark, hitting 702,250 residents in 2024, according to new Census data (Mayor’s Office, December 2024). This growth, which…
SIGN LISTING BY APRIL 30TH AND GET FREE STAGING! List your home any time in 12 months after signing. CLICK TO SEE DETAILSWhy Home Staging Matters: Key Insights from the 2023 NAR ReportSelling a home is about more than just…
Did you ever think you'd see again a home sell for $200,00 - 400,000 above its list price? 😲 Well, that's exactly what has been happening recently in a few zip codes in Washington DC. It's like a modern-day gold…
Something unprecedented happened during the epidemic years. Especially in 2021, everyone moved, home prices surged, and almost all real estate businesses saw record sales. And it matters because 2021 was anything but typical, and 2022 is continuously compared it.Year-over-year comparisons depict…
Misinformation is spreading like wildfire online, and it’s intentionally designed to create panic. I’ve seen it firsthand—just last week, I had to send an emergency letter to my clients because so many reached out, shocked and confused by rumors of…
In today's real estate market in the Washington, DC, metro area, one statistic caught my attention: 25.4% of homes needed a price adjustment before selling. But here's what's even more interesting - the others sold at their original listing price,…
Have you ever wondered why some products, like the coveted Hermes Birkin bags, have an 18-month waitlist? This phenomenon is known as Artificial Scarcity (A.S.), a strategy where manufacturers choose to produce less, despite the capability to produce more. But…
Trying to guess what will happen in the real estate market is notoriously hard as the last two years have shown. Still, we keep doing it, so here we go again! Please note the difference in the national and local…