inception-app-prod/MDFkYjI5YmUtYTI4ZC00NWI5LWJjODUtNTVhYTM1NWEwNzYz/content/2021/01/untitleddesign-17.png
Smart Move
  • Home
    • About Ika
  • Blog
  • Testimonials
  • Sellers & Buyers
    • Washington DC Metro real estate report
    • What smart buyers do
    • What smart sellers do
  • Northern Virginia
  • Get Local Real Estate Stats
Ika
240-687-1788
Sign In
Sign Up
inception-app-prod/MDFkYjI5YmUtYTI4ZC00NWI5LWJjODUtNTVhYTM1NWEwNzYz/content/2021/01/untitleddesign-17.png
Smart Move
  • Home
    • About Ika
  • Blog
  • Testimonials
  • Sellers & Buyers
    • Washington DC Metro real estate report
    • What smart buyers do
    • What smart sellers do
  • Northern Virginia
  • Get Local Real Estate Stats
inception-app-prod/MDFkYjI5YmUtYTI4ZC00NWI5LWJjODUtNTVhYTM1NWEwNzYz/content/2021/01/untitleddesign-17.png
Smart Move
inception-app-prod/MDFkYjI5YmUtYTI4ZC00NWI5LWJjODUtNTVhYTM1NWEwNzYz/content/2020/03/904595c49b6cb87c35683d55d0fa16fb.jpg

Where is the Silver Lining for our local real estate market post COVID 19

inception-app-prod/MDFkYjI5YmUtYTI4ZC00NWI5LWJjODUtNTVhYTM1NWEwNzYz/logo/2018/10/IMG_0395 %281%29.jpg
Ika,03/26/2020

At this point, we do not know whether Corona virus is going to change things for a month or for a longer time period. As of today, we still see a lot of activity on the market. Homes are still coming on the market, and buyers are still out there trying to find homes. What has changed, is how we show homes. Some agents still meet one on one with clients to show homes. When showing a home, we are required not to touch anything in the home unless its absolutely necessary and if you do touch a door handle, or a surface you have to wipe it down afterwards. Some sellers are not comfortable with people coming through their home even with  controlled showings.

Last week my office in Reston VA compiled some stats for Fairfax and Loudoun counties for the week of March 19, 2020 and found a rise in inventory. Fairfax (25% up in inventory) Loudoun (50% up in inventory) Prior to COVID 19 our market was fiercely competitive on the buying side. This uptick in inventory could signal a return to a healthier real estate market for our local area. This is an opportunity if you are a buyer and have been loosing out on competitive bids. So even in today’s gloomy situation, there is a silver lining that you can look for.

Print Details
Previous post
Next post
Why so few women investors in real estate???
Northern Virginia Market Statistics March 2019 VS 2020
Realtor
EHO
MLS
Realtor
EHO
MLS
Realtor
EHO
MLS
Realtor
EHO
MLS

Footer Menu

Long & Foster Real Estate
2100 Reston Parkway. Suite 102Reston
Virginia 20190
703-437-3800
ikanyeng456@gmail.com

Find the perfect home

  • Home
  • About Ika
  • SmartGuide Blog
  • Testimonials
  • Sellers & Buyers
  • What smart buyers do
  • What smart sellers do
  • Northern Virginia
  • Reston, VA newcomers
  • Loudoun VA newcomers
  • Get Local Real Estate Stats

Consumer Protection & Privacy

  • Accessibility
  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us.
inception-app-prod/MDFkYjI5YmUtYTI4ZC00NWI5LWJjODUtNTVhYTM1NWEwNzYz/logo/2019/01/LFRE Christies Luxury.png

© 2021 All rights reserved

Created with Placester

Sign in

Sign in with your email address

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Enter your email address

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Your password has been successfully reseted.
Go to the homepage
Sorry something went wrong
Please try again.
Try again
Send
Success! Your message was sent!
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Please wait...

Account Verified!

You may now log in into your account
Go to the homepage

Error

Please try again.
Go to the homepage

Share this listing

Copy Link