Home > Blogs > District of Columbia > District of Columbia County > Washington > Is This a Time of Opportunity for Sellers?
370 views

Monica Youngling's Blog

By The Youngling Team | Agent in Washington, DC

Is This a Time of Opportunity for Sellers?

Posted February 25, 2013. 

 

Click HERE to share your opinion!  

National Association of Realtors (NAR) reports that the total sales of existing-homes increased 0.4% to a "seasonally adjusted annual rate of 4.92 million in January from a downwardly revised 4.90 million in December, and are 9.1 percent above the 4.51 million-unit pace in January 2012."

As most of us Realtors and home seekers can probably all agree, there is a shortage of inventory right now.  On top of that, NAR reveals, there are 40% more buyers than a year ago.  There's no end to the demand, but there sure is to the inventory.  This is not helping in improving sales, naturally. We're currently seeing the lowest inventory of housing available since April 2005 (NAR). 

So, why is this?  One reason…read FULL STORY HERE.

Click HERE to share your opinion!

(photo by www.pbase.com/monicayoungling)

 

Previous Blog Posts:

Useful Information or…?

Oh crap. Is there a softening of demand for housing in the near term? 

Housing and Real Estate Are WINNERS in the "Congressional Game of Chicken!" 

Ooooy, I'm overwhelmed...I'm a first-time buyer - where do I start? 

The Mortgage Forgiveness Debt Relief Act - GOOD NEWS!

 

Press Releases (2013):

The Youngling Team Closes another Successful Virginia Short Sale with Bank of America

 

Related:

Halfway Home

NAR Research & Statistics

See it, Believe it…and Then Invest in It!

How to Come Up With a Down Payment When You Don’t Have Savings

What is a Short Sale?

What’s My Home Worth?

How Can I Stay On Top of the Market In My Neighborhood?

 

DC and VA Neighborhoods:

Washington DC NW Neighborhoods

Washington DC NE Neighborhoods

Washington DC SW Neighborhoods

Washington DC SE Neighborhoods

Capitol Hill, Washington DC

Arlington County, VA

Alexandria City, VA

Falls Church City, VA

Fairfax County, VA

Manassas City, VA

Prince William County, VA

Loudoun County, VA

 

Miscellaneous:

Zip Code Map

DC ParkingSpotter

 

 

 

POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer