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Tag: supply and demand

Understanding Pricing a House: Where to Start

Source: https://www.extension.harvard.edu/inside-extension/how-use-real-estate-trends-predict-next-housing-bubble

Understanding Pricing a House Welcome to my new series, “Understanding Pricing.” How do sellers set the price for their house when they want to sell it? If you want to buy a house, how do you know if the price is a fair market price? In this blog, I will explain the way that the… Continue reading Understanding Pricing a House: Where to Start

Looking Back at the Summer: Supply and Demand in DC

Supply and Demand in Washington DC (city, not region) – Our fall real estate market began at Labor Day. Looking back at the last six months, you can see that supply (the blue bar) has stayed under 2 months. What does this mean? If no new listings came on the market, this is how long it… Continue reading Looking Back at the Summer: Supply and Demand in DC