MARKET NEWS

In 2024 the real estate industry experienced the lowest number of sales - $4.6 million - in almost 30 years or since 1995. At the time (1995) there were 266 million people living in the U.S. Today, there are 340 million people in the US, including 9 million 25-35 year olds living at home (with in-laws, etc.) and (theoretically at least) saving what they are not spending on rent or a mortgage.

The average age of the first time home buyer in 2024 was 38 so the potential for a tsunami of new home buyers is ripe with possibility.

Waiting for the 'spring market' to list or start looking? STOP! The market is in full swing and every agent I know (myself included) has a 1/2 dozen buyers or more absolutely ready & wanting to buy.

Don't get left out, contact your Realtor today!

New Market Reports!

Because data is essential in understanding local real estate, I have created a new section on my website to showcase market reports for zip codes in the City of Alexandria & portions of Fairfax County. These will update monthly, along with available inventory. Click below on the banner and bookmark https://virginiaamosrealestate.com/marketreports to stay up-to-date! Let me know if there are other zip codes you would like to see or if there is a custom market report I can run for you.

RESOURCES

I'm feeling a bit short on thoughtful home resources right now so thought I would share three practitioners who keep me (and Michael) on the path to wellness.

First - Dr. Julie Tran at Del Ray Smiles in Del Ray. I have a well documented dental phobia (childhood trauma will do it every time, even if unintended) and she and her whole team were incredibly kind and patient. Plus they have an in house therapy dog - what's not to like?

Second - Dr. Shara Posner for all things chiropractic. From an overall assessment to specific areas that need attention, Dr. P is my go to for aches and pains. And just like Dr. Tran, she is very attentive to physical responses and adjusts modalities as needed. Right now we are starting to work towards something I have planned for this summer - more about that soon.

And finally, - Dr. Melissa Smith at Capitol Foot and Ankle. A good podiatrist is the difference between feet that look good and feet that feel good. From surgery to office procedures, Dr. Smith does it all, loves to talk about her favorite mysteries, and is another cog in the wheel of planning for my summer adventure.