What is Actually Going On? Northern Virginia Real Estate Market Update

By
Real Estate Agent with Samson Properties VA0225077251

It's that time of the week again! For this week's real estate market update, how are things looking in Northern Virginia? 

So let me paint you a picture: I have one buyer and we submitted an offer, but lost it because of the multiple offers in the market. On the other side, I've got a call from a listing agent telling me that we should submit an offer and they're willing to work with it. It seems that there's a lot of things going on, which begs the question -- what is really going on in the market right now? 

aerial view of resort and houses

For Home Buyers

Been telling this for the past few months, and I'm saying it again -- this is an opportunity market. The inventory might not be what you're looking for at the moment, but there is a lot of opportunity if you want to be a homeowner in the long run. 

For Home Sellers

"Hey Ritu," I hear you ask, "why would I list the home today in the market with such conditions?" And I tell you, we have a lot of home buyers that are also looking forward to work with you and submit good offers. This is when the appraisal from the summer market comes in. We have a lot of motivated home buyers right now, and are still looking in the marketplace, which is a perfect opportunity in listing your home. 

Got any questions? Or are you perhaps planning your next real estate venture? Let's team up -- 703-625-4949 or email at info@enovahomes.com.

Posted by

 
                             
Associate Broker
MRP, ABR, ePRO

NVAR, Life Time Top Producer
NVAR,Multiple Million Dollar Sales Club Member
Samson Properties
Cell - 703-625-4949
Email - info@eNOVAHomes.com
Web: www.eNOVAHOMES.com
 
Residential real estate agent serving Northern Virginia in Fairfax & Loudoun county over a decade and almost $100+M in sales volume experience. 


 

Comments (3)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ritu Desai this is great news for both Buyers and Sellers in your area.

Sep 23, 2021 04:29 PM
Ritu Desai 703-625-4949

Thank you George Souto 

Sep 24, 2021 05:01 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Northern Virginia home buyers and sellers are sure to value your real estate market report, Ritu.

Sep 23, 2021 06:55 PM
Ritu Desai 703-625-4949

Myrl Jeffcoat thank you so much for your kind words

Sep 24, 2021 05:07 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Hope this post will generate buyers and sellers for you, I loved the information, Endre

Sep 23, 2021 10:52 PM
Ritu Desai 703-625-4949

Thank you so much for reading my blog Endre Barath, Jr. 

Sep 24, 2021 05:01 AM