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September 2025 Market Update

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From Frenzy to Balance: What Today’s Market Means for You

As summer comes to a close, we’re beginning to see the real estate market shift out of the unpredictable patterns we’ve experienced these past few months. The market in Northern Virginia has felt like a roller coaster ride – sales climbing one week, dipping the next, and interest rates moving up and down just as quickly. That kind of volatility has left many buyers and sellers wondering what’s really going on.

The encouraging news is that we’re starting to move toward a more stable and balanced market. For a long time, especially during the pandemic, it was a strong seller’s market. Homes were selling in a matter of days, often with multiple offers well over asking price, and buyers had little room to negotiate. That environment made it challenging for buyers and created very high expectations for sellers.

Now, things are changing. While certain homes in sought-after neighborhoods may still attract multiple offers, most properties are staying on the market a little longer. This means buyers have more breathing room—they can take time to view homes, compare options, and even negotiate important protections (called contingencies) into their contracts. For sellers, it’s important to adjust expectations: instead of expecting instant offers, the new “normal” may be a few weeks on the market before the right buyer comes along.

This shift is part of a natural cycle. Real estate always ebbs and flows, and right now we’re moving away from the frantic pace of the past several years into something more balanced. That’s not bad news, it’s healthy. A balanced market gives both buyers and sellers a fair shot.

Looking ahead, interest rates remain a key factor. The Federal Reserve is expected to make another adjustment in September. Many are hopeful this could ease mortgage rates, making buying more affordable. However, it’s worth remembering that the last time the Fed moved rates in November, mortgage rates actually increased. In other words, there’s still uncertainty. We’re in a transition period, and patience is essential until the market settles into a new rhythm.

If you’re a buyer, now may be an opportunity. With more homes staying on the market and less competition, you may be able to negotiate better terms than in years past. If you’re a seller, pricing your home correctly and presenting it well is more important than ever—homes that are priced right and show well are still selling quickly. No matter where you are in your real estate journey – buying, selling, or just trying to make sense of the headlines, I’m here to walk you through it and help you make the best decisions for your situation here in Northern Virginia.

July 2025 Market Update

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What’s Really Happening in Real Estate?

We’re officially in the dog days of summer, and while it may feel like things are heating up, the real estate market (and the headlines surrounding it) can be a little confusing right now.

There’s been an ongoing tug-of-war at the national level between Federal Reserve Chairman Jerome Powell and President Donald Trump over interest rate policy. Many experts expected multiple rate cuts this year, but so far, we haven’t seen any. The Fed has held steady in recent meetings and has hinted that the earliest possible rate drop could come in September, if at all.

Why the hesitation? Powell is focused on inflation, closely monitoring economic indicators such as the Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE). While inflation has ticked up slightly, it remains near the range the Fed originally targeted. Still, concerns about potential increases — especially due to tariffs and global market shifts — have kept the Fed cautious. This ongoing debate has even drawn in other political voices, making the topic a hot one this summer.

On the bright side, mortgage rates have been inching down slowly, which is great news for buyers. That said, inventory remains tight, especially here in Northern Virginia. Over the past two weeks, the region has only added about 98 new listings. That’s far from a surge. While condos are sitting a little longer on the market, well-priced single-family homes in good condition and desirable locations are still attracting multiple offers.

Yes, days on market have increased slightly — which is normal for this time of year — but demand is still very much present. Sellers should remain patient, and buyers should be prepared to act quickly if they find the right home. Don’t let media headlines mislead you — real estate isn’t just local; it’s hyper-local. Certain zip codes and price points are moving at different paces.

Navigating this market can be challenging without a knowledgeable guide. Whether you’re thinking about buying or selling, the best strategy is to work with a trusted real estate advisor who understands the local trends and nuances.

If you have questions about what this market means for your goals — or if you’re wondering if now is the right time to make a move — I’m here to help.

May 2025 Market Update

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Uncertainty Creates Opportunity

As we head into the heart of the spring market, one thing is clear — uncertainty is everywhere. With talks of tariffs being paused and reevaluated, and interest rates fluctuating more than usual, many buyers and sellers are left wondering what’s next. At the time of writing, mortgage rates are in the high 6% range. While that’s still lower than where we started the year and below where we were this time last year, it’s enough volatility to make some buyers hesitate. The market feels like it’s holding its breath, waiting to see where things land — but waiting too long can mean missing out.

Here’s the reality: waiting for prices to drop may not be the best strategy. Despite the shifting economy, home prices continue to rise in many areas due to low inventory and strong demand. Buyers who wait may find themselves paying more down the line, not less. Historically, trying to “time the market” rarely works as well as having a sound plan and being prepared to act when the right home appears.

For sellers, well-prepared homes are still commanding attention. When our clients follow expert guidance—staging their homes, making necessary improvements, and using professional photography and marketing — we’re seeing strong results. In fact, many of these listings are receiving multiple showings and competitive offers shortly after hitting the market. Presentation, pricing, and positioning remain the winning formula in today’s market.

Whether you’re thinking of buying or selling, it’s never been more important to have a trusted real estate advisor by your side. The right strategy, informed by current market data and local expertise, can make all the difference. We’re here to guide you through the uncertainty and help you make the most informed decisions possible.

Have questions or ready to make a move? We’re here to help. Wishing you and your family a safe and happy Memorial Day! And remember — opportunity often hides in uncertain times.

December 2024 Market Update

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And just like that, the holiday season is here! Another year is almost in the books — it’s amazing how quickly time flies. So, what’s happening now in the real estate market, and what might we expect in the months ahead? Let’s dive in.

Currently, the demand for housing remains strong. Even during Thanksgiving weekend, buyers were actively attending open houses and scheduling showings across the area. Interest rates have stabilized, and buyers seem to be adapting, even as prices remain at record highs. Why are prices climbing despite higher interest rates? It all comes down to inventory — or the lack of it. While lower inventory is typical during this time of year, we’re seeing even fewer homes available than in many recent years, excluding last year. This scarcity is putting upward pressure on prices.

Looking ahead, the real estate market will largely be shaped by interest rates and potential shifts in policy as we approach 2025. If rates decrease, demand could increase, driving prices higher and creating a more competitive market. Conversely, higher rates could lead to reduced demand, longer listing times, and potentially stable or lower prices. Adding to the mix, a new administration on the horizon brings the possibility of impactful policy changes. Historically, new leadership has often introduced initiatives to stimulate the housing market, such as programs to boost inventory, encourage homeownership, or make financing more accessible. While specifics remain uncertain, both interest rates and policy shifts will play key roles in shaping a potentially exciting and favorable environment for buyers and sellers alike.

On another note, you might wonder if now is a good time to sell your home. The answer depends on your situation. If you need to move soon, now is a great time. Buyer demand is high, and those looking during the holidays are typically serious buyers, not just browsers. Additionally, homes often look their best when decorated for the season, which can help make a strong impression. However, if you simply want to sell, waiting until after the holidays could be beneficial, as the buyer pool isn’t likely to disappear unless rates climb significantly. Either way, I’m happy to discuss your options and help you decide the best path forward.

As we wrap up the year, I wish you and your loved ones a joyful holiday season filled with warmth, laughter, and cherished memories. Happy Holidays!