Katie Wethman's Northern Virginia & Washington, DC, Real Estate Blog

Real Estate Agent - Keller Williams
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  April 2020 People have asked what the impact is on real estate, and if our team is still working. The impact depends on how long this goes on, and I’ll share more thoughts in our monthly public newsletter. Though market activity is down by 15% or so, that still leaves 85% of buyers and sellers...
  March 2020     Wow – what a few weeks it’s been! I know the world seems upside down right now, and the real estate market is no exception. Interestingly, it doesn’t seem to have slowed down all that much—yet. Generally we’ve been seeing some people pull back because of the fear of recession an...
  February 2020   Bidding wars and sight-unseen offers...what is going on out there?! Left: Months of Supply of Inventory in DC reach expected annual lows in Dec, Jan.   Our inventory crisis (< 1 month supply in Northern Virginia, and < 2 month supply in DC -- see charts above and below) continu...
January 2020   The "Season" Has Come Early... I know it sounds crazy, but the Spring real estate market has already arrived. Yes, in January! Frustrated buyers from 2019 never stopped looking and homes that are going on the market are selling NOW, often with multiple bids. For sellers with a home...
  November 2019 November marks 1 year since the Amazon HQ2 announcement, so we thought this would be a good time to explore the residual effects to come from this important decision.   In securing the deal, Amazon promised between 25,000 to 37,850 jobs coming over 15 years as a result of the new...
    October 2019 The Fall market is in full swing! Inventory is still extremely low, which is pushing prices up. There are still good values out there though, if you know where to look. Our own Katie Wethman was one of the featured agents in NBC4 news' recent story about what you get for $470k in...
  September 2019 The kids are back to school, and we're back to the hot real estate market!   August stats were roughly in line with prior years', and activity picked up after Labor Day, as expected. See chart at right for Northern Virginia stats (take Fairfax City and Falls Church with a grain ...
  July 2019 Hard to believe 2019 is more than half over, but we're in the dog days of summer already! Read on for our take on the summer real estate market, but first...we need your help!   Please help us keep our streak going, and vote for us in Northern Virginia Magazine's "Best Agent" Poll no...
  May 2019   Stuck on repeat...low inventory...   April stats are out and it's more of the same: inventory year over year is down (again), which is, in many months, keeping market activity low. This appears to be the new normal--see graph for 3 year trend showing declines over the seasons. We're...
  FEBRUARY 2019 The Spring Market Has Arrived!   Despite limited inventory and frigid weather in the area, we're helped 5 clients with their settlements in January 2019, and already a few in February too! We're excited for a strong start to the year and we're excited to help more with their Real...

Katie Wethman

CPA, MBA, Realtor - Northern Virginia & DC Real Estate
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