The Washington Post offers some important insight into two topics -issues to consider with
solar panels and the importance of consulting an estate attorney when making decisions on
how to title your property.
The New York Times' digs into
new data on the 10 most popular home improvements.
Across the DMV, the time homes were on the market before being sold, on average, increased year-to-date — from 31 to 38 days in DC, 31 to 32 days in Northern Virginia, and 40 to 50 days in Montgomery County.
At the same time, the median price increased by 3.0% in DC and 3.3% in Montgomery County, while decreasing by 0.5% in Northern Virginia compared to the prior year.
For the most part, the number of homes sold throughout the DMV has decreased, while the prices these homes were sold for was up slightly from the previous year. In summary, the demand for homes isn’t as great as a year ago, so there is room for negotiation on the buyer side.