This piece ran in the Washington Business Journal in the April 20, 2018 edition. The graphic was prepared by the Washington Business Journal using data supplied by […]
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Housing Market Trends in the Washington Region: First Quarter 2018
- Post author By SFI Admin
- Post date April 13, 2018
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Blog
In 1Q 2018, the Washington region’s housing market performance indicators were mixed. Closed sales decreased from last year, but the homes that sold were on the market for a significantly shorter period of time. The decrease in sales was likely the result of decreased supply and increased uncertainty that resulted from the federal budget standoff. Furthermore, the tight inventory and the low days-on-market did not translate to above average price gains. This combination of housing market performance is unusual for the region. Altogether, it suggests that the market is likely being disproportionately driven by a core group of motivated and discerning buyers, while weak inventory and economic uncertainty subdued the overall pool of buyers.
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Loudoun’s aversion to new single-family homes driving surge in this type of housing
- Post author By Keith Waters
- Post date April 6, 2018
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Blog
From The Washington Business Journal (Subscription required): Loudoun County is opening the floodgates to new age-restricted communities in a move that some county officials and other […]
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Tightening housing stock continues to drive people out of Greater Washington
- Post author By Keith Waters
- Post date April 6, 2018
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Blog
From The Washington Business Journal (Subscription required): Laura Pacheco’s search for a new home in Northern Virginia began with high hopes and a $650,000 budget. It […]
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Balancing Amazon HQ Incentives and Benefits
- Post author By Keith Waters
- Post date March 30, 2018
Events
Blog
From NBC Washington (link to full story and video): While cities across the U.S. clamor to land Amazon’s second headquarters, one group says it doesn’t want […]