Yep. Everything you’re hearing is true. Rates are up, inventory is starting to grow, and some buyers are moving to the sidelines as “affordability” has skyrocketed. We are clearly in a shifting market which can be unsettling but we are here to be your “deep rudder”. Preparing a home for sale, creating a comprehensive marketing strategy and intelligent pricing plan has never been more important. Homes that check all the boxes and are priced to reflect the market realities are still getting offers although we are starting to see a return to the “old normal” (below asking price offers, home inspections, and financing/appraisal contingencies). We anticipate activity to get busier later in August as families return from summer vacations but in the meantime, we have a thought for you on “Hunting Unicorns”.
We’ve worked with home buyers for over twenty years, and while the market is constantly changing, one thing has remained consistent: buyers almost always feel a sense of frustration as they search for their “perfect” house. The main reason is that the “perfect” house doesn’t exist. Even our buyers with virtually unlimited budgets realize that they have to make trade-offs. Our clients who are most successful in the home search process have a clear set of priorities. That way, it’s easier for them to evaluate the pros and cons of each house, and when they find the right one, they are ready to jump on it.
We like to remind our clients that a house doesn’t have to be perfect to be a beautiful, loving home, and overtime, a beautiful, loving home is perfect.
Stay up to date on the latest real estate trends.
Yep. Everything you’re hearing is true. Rates are up, inventory is starting to grow, and some buyers are moving to the sidelines as “affordability” has skyrocketed.
Markets do not like transition periods, and the current shift is no exception.
There are so many questions right now about what lies ahead for real estate.
We're asked every day how rising interest rates are affecting the market.
Q1 stats for our region were just released, and the story is consistent across our area.
Wydler Brothers Announces New Home Buyer Program to Hedge Against Rising Interest Rates and Inflation in Continuing Seller's Market
It's imperative to generate as much interest as possible in a home to ensure that you're accessing your property's fullest potential.
How does a home "live” throughout the entire year?
The saying goes ‘there’s an elephant in the room’, but over the last few months the issue hasn’t been the “elephant”, but the “room”, or the lack thereof.
Wydler Brothers have been selling residential real estate for over 20 years in the DC metro area. They rapidly ascended the local landscape and built the highest producing team in the entire region, recently named #28 in the US, Top 2 in the DMV and #1 in Virginia Large Team by Volume by Real Trends Magazine "The Thousand" in 2021.