The Times They Are A-Changin’
We love this quote, and it’s very applicable to what we’re seeing in the marketplace. The only constant is change, and change is what we’re experiencing collectively as part of the DMV community. Many of our clients, family members and friends have been directly affected in some way by the new policies being implemented, and all of us are feeling uncertainty in one way or another.
Historically our area has been viewed as stable and even recession-proof given the ubiquity of the government in our local economy, but now that pillar of stability is being turned on its head, and business leaders are fearing a business contraction in the DMV.
On the real estate front, we are seeing early signs of a shift. It’s not a “collapse” or “flood of panicked sellers” as some uninformed news outlets might have you believe, but it’s definitely a shift. Some buyers have pulled back from their search, and some sellers are pulling forward their timing to sell, fearing that the market will be less accommodating in 2026 or 2027. We are expecting inventory levels to continue to normalize in the coming months, and great homes are still receiving multiple offers, but buyers are definitely a little more cautious, if not downright nervous. We’ve already seen an increase in deals falling apart, and expect that trend to continue into 2025.
On a positive note, uncertainty can create opportunity. We know that the DMV is resilient in many ways, and we are blessed to live in such a dynamic area with so many talented people, and where opportunities have been lost, new ones will emerge. We are thinking about all of those who have been directly impacted by the changes and uncertainty, and please know that we’re always here to help. Our team has been through multiple market cycles, and our goal has always been to help our clients make good decisions, even if that means advising sellers not to sell or buyers not to buy. In short, we have your back.
Stay up to date on the latest real estate trends.
"Everything changes and nothing remains still; and you cannot step twice into the same stream." - Heraclitus, Greek Philosopher
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Undoubtedly, you’ve been reading about changes in the residential real estate market.
The Skinny on Market Seasonality
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.