Spring 2012 Market Preview

So far, 2012 is off to a busy start!  I’ve already had many calls from both buyers and sellers who are asking about the market, so I am anticipating a busier spring than usual. Rates continue to stay at record lows—many days below 4 percent.

The builders must be feeling more optimistic about the market too, with construction projects speeding along in our area: the Founders Square DARPA building in Ballston is now complete, with the residential tower next, Garfield Park in Clarendon is making good progress, and the new office buidling in Clarendon slated for the site of Potomac Crossfit, Eleventh St Lounge, and TA Sullivans is slated to begin in February.

So buyers, get ready for a busy spring, and sellers, NOW is the time to start decluttering and getting your home ready for the spring market. Contact us if you would like a consultation about how to prepare your home.

If you know someone looking to move, please contact us. And if you’re thinking of selling, we’ll be happy to provide you with a free market analysis of your home and a review of statistics in your local neighborhood.



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