2022 Market Forecasts
Wydler Brothers
Wydler Brothers
Like you, we're waiting to see what 2022 will have in store for us. On the real estate front, here is an interesting article summarizing various models.
For the record, here are our Wydler Brothers predictions:
Prices will continue to rise in our core markets (DC and close-in suburbs of Montgomery County and NVA). With the inflation as high as it is, another 5-10% bump in pricing is possible.
Interest rates will approach 4% by year end.
Inventory will remain extremely tight, especially through the first half of the year.
If you're selling, 2022 looks like it will be the strongest seller's market in decades.
Stay up to date on the latest real estate trends.
Rolling into the fall, we felt a collective sigh of relief from the market when the FED finally implemented the much anticipated interest rate drop.
The Washington DC Metro area (including Northern Virginia and Montgomery County) has seen a 5% increase in sold volume, an almost 7% increase in average sales price, a… Read more
Undoubtedly, you’ve been reading about changes in the residential real estate market.
The Skinny on Market Seasonality
After 55+ years of living in the same NYC apartment, our Mom is moving to an independent living facility in the DMV this summer! Wow, this is harder than it looks a… Read more
There’s been a lot of chatter about the Sitzer-Burnett lawsuit/verdict and the subsequent NAR settlement.
"5 D's" (Diapers, Diplomas, Diamonds, Divorce and Death)
Well, the 2023 sales data has just come in and it confirms we were right!
Wydler Brothers have been selling residential real estate for over 20 years in the DC metro area. Along the way, they’ve achieved numerous awards and recognitions, including being recognized as “The Most Innovative Real Estate Agent in America” (Inman, 2014), written several articles for The Washington Post, authored a book, “Inside the Sell”, co-founded a real estate tech company which sold to Move, Inc. in 2013, and built Wydler Brothers into a highly respected boutique brokerage with 70 agents and employees which they sold to Compass in 2019. Currently, Wydler Brothers is among the top 3 teams in the DMV and was the #1 Compass Team in 2022.