MARKET NEWS

This past Sunday at church someone asked me about the market and I will tell you exactly what I told them. If you are selling your home or condo then congratulations, new inventory is always welcome and positively received. At the same time, for buyers whose income, whether by straight salary/contract/grants/etc. falls under the umbrella of the federal government the fear, doubt, and uncertainty is real, with uncertainty being the key word. These buyers are either curtailing their search, choosing to rent instead of buy, or even withdrawing from existing contracts which in turn affects sellers everywhere. Late last month I ratified on two contracts on the same day.

One buyer is associated with the government, the other is not. The difference in how those two deals have moved forward is like night and day. Still, there are protections and ways to position yourself in the market that can make the process seem less fraught. Give me a call at 703.859.6362 and let's talk through it together.

Check out all my Market Reports for the most up to date information in your zip code!

On the road...

Or, Virginia's big adventure! In June I will be flying to Spain for five days in Seville and Grenada then heading north to meet up with a group from Christ Church Alexandria to walk the Camino from Sarria to Santiago de Compostela. We will walk for six days covering 112km or about 70 miles. By comparison the entire Camino Frances would involve 790km and 35 to 50 days!

"Walking the Camino" means different things to different people. For some it is a bucket list item, for others a physical challenge, and for still others a social and cultural experience. For our group it is very much a pilgrimage with spiritual significance - a chance to get away from the noise of life and lean more deeply into a contemplative path.

Next month I will write a bit about my training, equipment, all the things I am doing to prepare. Speaking of preparing - I will be gone from June 11 to June 27 so if a real estate conversation is in our future please keep those dates in mind.

_{"Camino de Santiago" by Luis Levrato is licensed under CC BY 2.0.}