It's fun to review last years SmartCharts data for the Mid Atlantic Region and compare it to our personal experience with home buyers. Last year, we got off to a slow start and that's reflected in the chart below.
According to Real Estate Business Intelligence, Annual sales reached the highest level since 2006. 
Prices gained just 1% percent for the second straight year, and stayed 24% higher than 2009’s lowest levels.
Fairfax county Virginia had the biggest year end inventory, an increase of 10.4% compared to 2014.
Supply growth was greatest in Fairfax then Prince Georges county Maryland followed by Washington DC then Arlington county Virginia.
Inventories increased to 8,644 by the end of 2015, a 4.6% increase compared to last year.
Inventories were slightly above the 5-year average of 8,123 but well below the 10-year average of 12,574.
RealEstateBusinessIntelligence
Buying a home is challenging but quite fun! We are with our home buyers every step of the way; explaining the home buying process and offering lots of information so buyers can make an informed decision. In fact, the picture at the top of this post is the front cover of our first book, How To Buy A Home.
We give Buyers a copy of our book at our first meeting and answer all questions about the home buying process.
Links to Resources
Real Estate Business Intelligence
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