DMV Real Estate | March Newsletter

Bloomberg states that tech-savvy and environmentally conscious millennial preferences are poised to dramatically reshape the high-end housing market. According to a

38% survey, millennials—adults born from 1981 to 1996—represent the largest share of homebuyers in the U.S., according to a survey by the National Association of Realtors released last year.

The real estate market continues to push boundaries and make headlines as we witness many "firsts" across the country, from homes selling at $500,000 over asking, to record-low interest rates. The virtual world has opened doors, and enabled buyers to check-off the boxes on their wishlist in whatever city, town, or place they desire.

• CoStar Group Submits Competing Offer to Buy CoreLogic for About $6.9 Billion (WSJ)
• Bidding wars are off the charts, as home listings fall to a record low (CNBC)
• Home prices went up all over the country (CNN Business)
• The Zillow Fantasy Could End in Rude Awakening (WSJ)
• Zillow buys ShowingTime for $500M (The Real Deal)

Data You Should be Tracking

• Weekly Housing Market Monitor — National Association of Realtors

• Sales Expected to Rise in 2021 — CoreLogic: New Home Outlook

Featured listings sold by our team!