A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.​

In today’s Peak Performer Series message I’d like to talk to ask you a question – are you mentally tough? How do you handle adversity? Are you letting setbacks hold you back? Do you bounce back? Learn more about the importance of being mentally tough in my latest Motivational Minute message.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

January Market Update

Happy New Year!

Happy New Year everyone!  “Wow” … that’s what I have to say about our current invent18_300720_q4 social_shares_new_yearory level of homes for sale. As many of you know, I have been tracking active inventory of resale homes since the first week of March 2005. At first it was monthly, now it is weekly as the market can be very dynamic. The reason I initially started this tracking routine back in March 2005 is because I had heard there were 148 contracts on a house in Arlington. We all thought there was little inventory available, so I ran numbers for Arlington, Fairfax, Loudoun, Prince William and Fauquier Counties, in addition to all the cities within those counties. My analysis concluded that there were only 1,652 houses for sale. With the high demand and unrestricted lending guidelines back in 2005, it is no wonder that we would see so many contracts on ONE individual property. What is even more interesting is by July 2005 there were 7,705 houses listed for sale – truly a rapid ascent, but what is really crazy is that number soared to 22,898 in November 2006. As we all recall, the market crashed in 2007.

So, why do I say “wow”?  Today our inventory level is at the second lowest number since I have been tracking them (March 2005) – only 2,713 homes are currently for sale. I don’t believe we are going to see the rapid ascent as we did in the past, as there is not the exuberance in the market place like there was in the early 2000’s. That being said, we need houses to sell! Buyers are out looking. We had multiple showings on both Christmas Day and New Year’s Day – there is a strong demand for housing. Interest rates are creeping lower, so buyers are looking to take advantage of this opportunity. If you are considering selling, now is a great time. Typically, we see inventory rise the second or third week of February. Let’s see how the market trends this year. Obviously, every situation is personal and different so if you are considering a move, call me to discuss how we can help you.

Wishing you and your family a very prosperous 2019!

 

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

Happy New Year! 

In today’s Peak Performer Series message I’d like to talk to ask you a question – why isn’t the gym crowded ALL the time? Why is it more crowded in January than in other months???  Learn more about the in my latest Motivational Minute message.

Do you agree with my analysis? Let me know!

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I’d like to talk to you again about Mindfulness. With so much negative news and information out there available to you, its very important to make sure you are mindful about your thinking habits (especially at this time of the year). As I have said before, poor thinking habits bring poor results. So who will you change your mindfulness?  Learn more about the in my latest Motivational Minute message.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

 

December Market Update

happy-holidays-blue-ready-to-go-happy-holidays-banner-blue-u3

Happy Holidays!  As you are out shopping, heading to parties, potlucks and the like, we too are in full holiday mode in the real estate market. Inventory is dropping as sellers who are not in a “must sell” situation are taking their homes off the market, leaving us with sellers who truly “need to sell” staying on the market. This time of year is always a great time to buy as opportunities are available for home buyers. Sellers, don’t despair, there is activity, houses are selling, and, in some cases, multiple offers are out there. Recently, we have had 20 plus people attend open houses as the weather has been cooperating.  Also, with less inventory and houses decorated for the season, you can still sell your house as the festive look appeals to many home buyers. To learn more if you should buy or sell in December, please call me.

What else is happening in our area? Well, Amazon HQ2 and a half is coming to Crystal City. My feeling is this will have some impact in the very local area, but not overall as it did in the Puget Sound area where Amazon built their first headquarters. Over half of the new jobs will be non-tech related and the average salary will be $150,000. This salary is very good, but not enough to escalate prices like Amazon employees did in Seattle. The average sales price in Crystal City today is $565,000 and we may see this increase as investors are looking to buy, but not everyone is going to buy. Also, many prospective employees may already be in the area working at other companies, so this too won’t impact housing to a large extent. Lastly, in our area, we have created, on average, 50,000 jobs per year over the last decade. Amazon is only bringing 2,500 jobs per year over the next 10-15 years for a total of 25,000 jobs. Again, this is a nice boost to employment, but not enough to spike the needle in our local real estate market. It is definitely a good thing for our region as we beat out 238 other cities for HQ2, showing the rest of the country we have reasons why other companies should move here as well. If you have any other questions, please feel free to call me.

Have a fantastic holiday season with your family and friends! We’re looking forward to an amazing 2019!

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I’d like to talk to you about “so.” Some people will, some people won’t….so what? Those who will and do, will get the results they want. Those who don’t, well, they won’t. Learn more about the in my latest Motivational Minute message.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I’d like to talk to you about football and real estate. How do these two correlate? You need to work on the basics – you have to do the little things consistently and on a regular basis to be successful. Learn more about the in my latest Motivational Minute message.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

Special Market Update Message – Amazon HQ2

The future is so bright, we’ve gotta wear shades…..but it might not be as bright as some think it will be. Amazon HQ2 will bring growth to the Northern Virginia area, but it will be gradual, not overnight. Learn more about my thoughts on the impact this will have on the housing market in my special Market Update Message.

If you have any questions about this or if you would like to discuss your current situation, please give me a call at 703-652-5777 or email me at scottmacdonald@remax.net

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I’d like to talk to you mindset. Are you in the right mindset? Poor thinking habits result in poor work habits – no matter how hard you work!  Are your thoughts in alignment with the results you want to have? Learn more about the importance of having a positive mindset in my latest Motivational Minute message.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I’d like to talk to you about storytelling. We all have a story to tell – one that let’s everyone know what makes us different than other agents. Do you just list out the things that make you different from others or do you have a story to tell? Learn more about the importance of storytelling in my latest Motivational Minute message.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!