ANH VU Realty + Design

02/26/2025

Greater D.C. Area: Weekly Housing Market

📅 February 24, 2025
💡 Insights by Lisa Sturtevant, PhD

Get the latest updates on the D.C. housing market, where federal workforce changes and return-to-office policies could shape future trends. With 20% of the nation’s federal workers in the D.C. region, shifts in government employment could impact housing decisions, commutes, and pricing in the coming months.

📈 **Key Highlights:**
- **New Listings on the Rise:** Up 20.1% from last week and 12.9% year-over-year.
- **Price Trends:** Median asking prices remain steady, with a slight 1.2% year-over-year increase. Affordability challenges may be tempering price growth.
- **Suburban Growth:** Frederick County, MD, sees the biggest spike in listings, while Arlington and Alexandria lag behind last year’s numbers.
- **Market Watch:** With 7.5% of listings seeing price reductions, signs of softening may be emerging.

⚡ *Note:* Housing data fluctuates weekly—watch for longer-term trends for clearer insights.

🔁 *Check back every Tuesday for the latest D.C. housing market updates!*

02/24/2025

Are you torn between whether to buy a home now or wait? Consider this.

02/11/2025

Acknowledging the good that you already have in your life is the foundation for all abundance.” — Eckhart Tolle 🩷🤍🩷

01/13/2025

Tết Tết Tết Tết đến rồi…🧨🧧🧧🌼🌸🌼
̂́T
Tết Ất Tỵ 2025

12/15/2024

“The Christmas spirit is a spirit of giving and forgiving.” - James Cash Penney
❤️🎄❤️

12/11/2024

🏡 Realtor.com 2025 Housing Forecast: Key Highlights:

📉 Mortgage Rates & Affordability

- 📊 2025 mortgage rates to average 6.3%, down from 2024’s 6.7%.
- 💸 Mortgage payments remain a significant financial burden.
- 💰 Income growth & potential tax cuts may slightly boost affordability.

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💵 Home Prices & Sales

- 📈 Home prices to grow by 3.7%, slower than 2024’s 4%.
- 🏠 Home sales are expected to rise 1.5%, reaching 4.07M transactions.

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🏗️ Housing Supply & Inventory

- 📦 Inventory is projected to grow by 11.7%, though still 23% below pre-pandemic norms.
- 🌱 Continued recovery in housing supply gives hope for market balance.

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🏢 Rental Market Trends

- 📈 Rental vacancy rates set to tick upward with new multifamily builds.
- 💳 Rents may decline slightly (-0.1%), with the South leading rental growth.

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⚖️ Economic & Policy Impacts

- 🇺🇸 Policies under the Trump administration could shape housing via:
- 💵 Tax cuts & deregulation.
- 🌲 Federal land use for affordable housing.
- 🔨 Tariffs & immigration limits may increase construction costs.

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⚡ Market Dynamics

- 📊 Shifting to a balanced market as inventory rises and price growth slows.
- 🎯 Sellers may offer incentives, while buyers see less competition.

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🌎 Regional Trends

- 🏖️ Southern cities stay attractive for affordability and job growth.
- 🗺️ Localized factors demand area-specific strategies.

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🎲 Key Wild Cards

- 💡 Mortgage rate shifts or new policies (e.g., a **$25K down payment assistance program**) could reshape dynamics.

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📌 Stakeholder Tips:

- 🤝 Buyers: Strategize finances & adapt to new negotiation norms.
- 🏷️ Sellers: Price competitively and offer buyer incentives.
- 📊 Renters: Explore affordable areas and plan for long-term savings.

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🌟 2025 Outlook:

A buyer-friendly shift is emerging, with improved affordability, growing supply, and less competition.

12/07/2024

Gifts of time and love are surely the basic ingredients of a truly merry Christmas. 🩷💚❤️
- Peg Bracken

12/05/2024

Christmas is not as much about opening our presents as opening our hearts.
- Janice Maeditere ⛄️🎄❤️🩷💙💜🩵🩶♥️💛💚🤍

12/03/2024

✨3 Key Differences Between Real Estate Agents✨

LEVEL 1. REAL ESTATE LICENSEE

All real estate agents must be licensed. Each state sets its own requirements for the minimum number of hours spent in real estate education. Before receiving their license, agents must also pass an exam that covers national, state, and local real estate laws, standards, and practices.

After passing the exam and affiliating with a real estate brokerage, a licensee can begin representing buyers and sellers in property transactions.

LEVEL 2. Realtor.com

In addition to being licensed, REALTORS® adhere to higher standards. The term REALTOR® is a registered trademark that can only be used by active members of the National Association of REALTORS®—the largest trade association in the U.S., with over 1.5 million members.

This is important to homebuyers because REALTORS® abide by a strict Code of Ethics and Professional Standards—duties that exceed state licensing laws and help ensure fair and honest treatment to all parties to real estate transactions.

✨LEVEL 3. ACCREDITED BUYER’S REPRESENTATIVE (ABR®)

Some members of the National Association of REALTORS® decide to develop deeper real estate expertise by completing additional education and earning credentials in specialized areas, including buyer representation.

To earn the Accredited Buyer’s Representative (ABR®) designation, REALTORS® must take several courses and demonstrate prior experience representing buyers in real estate transactions. The education emphasizes an agent’s fiduciary responsibilities to clients, including adhering to specific duties, obligations, and high standards of good faith and loyalty throughout the transaction process.

Working with an ABR® can significantly improve your home buying experience.

✨I'm Your ABR®✨

ANH VU CIPS® | ABR® | MRP | C2EX®
Global Commercial & Residential REALTOR®
Interior Design Consultant
Certified Home Staging Expert
Better Homes and Gardens Real Estate PREMIER
Licensed in the Commonwealth of Virginia
e | [email protected]
p | 703.989.0739

11/15/2024

“Autumn shows us how beautiful it is to let things go” 🍂🍁🧡🤍🤎

11/14/2024

“Help others achieve their dreams and you will achieve yours.” 🧡🤍🧡

11/08/2024

There was a time when I lost my faith in God. But now, after witnessing undeniable miracles and recent events in America, I truly believe God has a greater plan for our beloved country.

Our nation had drifted away, embracing extreme ideologies that seemed to lose sight of core values and principles. Fashion turned dark and somber, mirroring a culture that sometimes placed personal choices above the sanctity of unborn life. We’ve become a society that shows compassion for nearly every living creature, yet often overlooks the value of an unborn child.

I deeply cherish freedom, but I believe it must be rooted in principles that honor humanity and uphold common sense—a balance that respects the dignity of life for all.

God Bless America, the land that I loved. 🇺🇸❤️❤️

10/31/2024

10/30/2024

Most of us spend too much time on what is urgent and not enough time on what is important.
-Stephen Covey 🩷

10/28/2024

Pearl Harbor Movie Halloween Costume Party: Celebrating Heroism and Resilience 💜

10/23/2024

🏡 **Take the First Step Toward Homeownership with Virginia Housing’s Free Homebuyer Class hosted by Anh Vu, Karen, and Jeffrey.

Thinking about buying a home but not sure where to start or if you’re financially ready? Virginia Housing’s First-time Homebuyer Class provides a comprehensive guide to the entire homebuying process, from the initial steps to long-term financial management. Gain the knowledge and confidence to become a successful and responsible homeowner.

**Register Today!**

https://web.cvent.com/event/39aae391-cb14-47d6-97b5-22aaaedf4ea4/summary

10/23/2024

🏡 **Take the First Step Toward Homeownership with Virginia Housing’s Free Homebuyer Class hosted by Anh Vu, Karen, and Jeffrey.

Thinking about buying a home but not sure where to start or if you’re financially ready? Virginia Housing’s First-time Homebuyer Class provides a comprehensive guide to the entire homebuying process, from the initial steps to long-term financial management. Gain the knowledge and confidence to become a successful and responsible homeowner.

**Register Today!**

https://web.cvent.com/event/39aae391-cb14-47d6-97b5-22aaaedf4ea4/summary

09/28/2024

Just completed my home staging course! 🎉
Excited to apply my expertise for your benefit! I’m offering complimentary home staging services to help sellers showcase their properties and secure the highest possible market value. Let’s work together to make your property stand out and attract serious buyers.