As DC Metro real estate experts, we’re always looking for market indicators to suggest whether the market is favoring sellers or buyers. We look at a variety of factors, including average list price, median sales price and price per square footage. Another indicator we look at is the days that a home spent on the […]
Tag Archives: national real estate market
US Foreclosures Drop to Lowest Levels in 7 Years
Here’s another sign that the tide has turned on the national real estate market: US homes entering the foreclosure process fell to their lowest levels in 7 years during the 3rd quarter of 2013. This is tremendous news for interested home sellers because foreclosures have been pulling down median sales prices all across the country […]
National Housing Market Becoming Increasingly Balanced
The housing market is on the mend and is not as grossly out of whack as it has been in years past, according to a recent USA Today article. Evidently, housing markets across the country are reporting that more homes are coming on the market and asking prices are leveling out. This all means that […]