It is a great time to buy a home… if you can find one. The D.C., Maryland and Virginia housing market is very competitive.
This is due in large part to historically low interest rates which have allowed well qualified buyers to lock in interest rates as low as 3%. That has flooded the market with more buyers than available homes — inventory is down 4.6% below 2019 levels. When a desirable listing comes up, there is often a lot of competition on it and it sells quickly — 9 days on the market is the median in the DMV. To counter the effects of this trend, our buyer’s agents have gotten creative to find new ways to identify and locate listings for their clients before they hit the open market.
Here are some ways that we are finding off-market homes for our buyers:
- New Construction and Developer Network — Our agents have long-standing relationships with developers and new home builders who can get us access to their projects currently under construction. Buyers can even pick colors and finishes while their home is being built.
- We Use Our Network to Match Our Buyers With Homes — As respected and locally focused buyer’s agents, our peers and real estate professionals answer when we call. We can often get a heads up and early access to homes before they hit the market.
- Agent and Brokerage Coming Soon Listings — Our agents list homes for sale in the communities where they live and work and often have listings in their own pipeline. We also get access to GreenLine Real Estate’s off-market listings.
- Door-to-door Prospecting — We knock on doors where our clients want to be and try to sniff out potential listings for our buyer clients. Using in-person prospecting and direct mail, we target the locations and property types that our clients are looking for. We leave no stone unturned to find what our clients want.
Are you looking for a home in D.C., Maryland or Virginia? Real estate markets are hyper-localized. If you want to know what the market looks like in your neighborhood, reach out and consult one of our realtors. Or learn more ways for buyers to get an edge on our Home Buyer Tips Blog.
700 block of Columbia Road, NW Thanks to Matt for sending yesterday (Tuesday) around 5pm. Post carbque below:
photo by Eric P. From AlertDC: “The US Military will conduct a flyover in the NCR, over Arlington National Cemetery on Wednesday, December 6, 2023, at approximately 1:40 PM.”
1013 U Street, NW Back in early October we learned that Everyday People DC would be coming to the former Lounge of Three space. The placard posted now says: “A…
photo by Andrew Pasko-Reader You can talk about whatever is on your mind – quality of life issues, a beautiful tree you spotted, scuttlebutt, or any random questions/thoughts you may…
You are cordially invited to the Washington Opera Society’s exclusive Christmas/Hannukah Party!
We are pleased to welcome our great opera stars to the company!
Juliette Di Bello, Manuela Tomasz Korossy, Kristin Sampson from the NY City Opera Company, and Kevin Short of the Metropolitan Opera.
Don’t miss this unique holiday concert of seasonal favorites and hit arias from the operatic repertoire sung by our cast of stellar singers. Maestro Benichou will bring his infectious energy as he leads the WOS Festival Ensemble in an evening sure to remember. Glad tidings!
You are cordially invited to the Embassy of Austria for a thrilling evening with Mozart. What a better way to spend Christmas and Hannukah! Our full orchestra and lead singers, some of whom sing at the Met, will appeal to teens as they begin their journey to the classics! We expect to be sold out soon…..
Get your tickets now!
Under the Gracious Patronage of H.E. Petra Schneebauer, Ambassador of Austria
Julien Benichou, Conductor
Kevin Short as Figaro
Manna K. Jones as Susanna
Stephen Powell as Count Almaviva
Laquita Mitchell as Contessa
Anna Kelly as Cherubino
Maggie Polglaze as Barbarina
John Gibney as Bartolo
Leah Heater as Marcellina
Christopher Jon Hartung as Antonio & Don Curzio
Narration provided by Robin Phillips
Embassy of Austria
3524 International Court NW
Washington, DC 20008
Doors Open/Cocktails 6:30 pm
Performance including Intermission 7:15 pm
Wine Reception with Heavy Hors d’oeuvres 9:15 to 10:30 pm
Box Seats $250
Orchestra Reserved $150
Seniors (over 65 years old) Unreserved $80 [sold out]
Students with ID $50
Join metrobar and the team at DC Beer for a taste of 12 holiday brews, all made in the DMV by your favorite local breweries! Your ticket gets you access to the afternoon tasting with 3oz pours of each of