By Brandon Scott We are on the heels of the spring market and all signs point to more activity via an improvement in rates. In the last 24 hours Jerome Powell, Chair of the Federal Reserve, indicated that rate cuts are on the horizon pending economic data. I expect...
Real Estate
January 2024 Listed and Closed Homes: An Analysis
A key takeaway is the average sold price to original price ratio of 95.14%, indicating that homes are selling close to their asking prices, a testament to the strength of our market.
Will the Real Estate Market Collapse in 2024? An Expert Analysis
By Brandon M. Scott As we navigate through the complexities of the real estate market, one question looms large on the horizon: Will the real estate market collapse in 2024? Every buyer and seller is sitting on pins and needles unsure what to do and what...
Real Estate Market: Washington, DC’s 2023 in Review
by Brandon M. Scott Urban areas are seeing a resurgence in demand, while suburban regions continue to attract families seeking more space. Especially in DC, I have seen and spoken with a fair number of agents and families that have left DC for suburban living....
The Dynamics of the Real Estate Market in Washington, DC: A look at 2022 & 2023
For the highs and lows, there are two subdivisions to highlight, based on the percent change year-to-date of their median sold price, Watergate, Washington, DC saw a -59.7% decrease in the median sold price from $1,800,000 to $725,000.
10 Essential Steps to Winterize Your Home in October
by Brandon M. Scott As the autumn leaves begin to fall and the crisp, cool air sets in, it's a clear signal that winter is just around the corner. To ensure your home remains cozy and energy-efficient during the colder months, October is the perfect time to start...
Exploring the Arlington, Northern Virginia Housing Market: NOVA Real Estate is Hot
by Brandon M. Scott If you're looking to dive into the real estate market in Arlington, Northern Virginia, you're in the right place. I have gathered the most recent data on homes sold and their median prices in September 2023 and the year, making it easier for...
DC Real Estate Update: September 2023 and a look back to September 2022
In the absence of money, people look for value. Buys are paying for what they perceive as value explaining, to me, why communities like Logan, Old City # and Trinidad, saw positive increases in their median home price in September 2023 over September 2022.
Washington, DC Real Estate Market Report: September 2023
by Brandon M. Scott We’re officially in Fall or, as I lovingly refer to it, ‘Sweater Weather’ – if you know you know. Despite our rising rate environment, the need for individuals to sale and, or buy a home still exists. The number of transactions compared to...
August DC Real Estate: A Deep Dive into the Trends and Numbers
by Brandon M. Scott The real estate market in Washington DC has always been a topic of interest for investors, homeowners, and real estate enthusiasts. As we step into the latter part of 2023, it's essential to look back and analyze the trends, especially when...