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. Inventory has been extraordinarily tight across the region, and indeed, the country. This shortage is driving up both sales prices and rental rates.
The good news is that Spring is just around the corner, and we are finally starting to see new inventory. There is still a significant imbalance of buyers and sellers, but we expect the ratio to settle as we approach the summer months. We are encouraging our sellers to get to market as soon as possible and take advantage of the strong sellers’ market. In the meantime, we are working hard for our buyer clients to find opportunities, both on and “off” market.
If you’re thinking of making a move, please reach out to us right away. It’s an extremely fast market. Having your ducks in a row is key to success for both buyers and sellers alike!
Read more here:
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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.