Last week, Port Potomac, Woodbridge home sellers saw more than the usual number of reasons to look forward to this summer's Port Potomac, Woodbridge home sales selling season. It looked like the opposite of the lengthy real estate “Perfect Storm” that caused freefall across the national landscape.
Signs pointed to the possibility that we may be headed into the opposite market conditions. Webster’s Dictionary says the opposite of ‘storm’ is ‘calm’ – but I don’t think you would call Port Potomac, Woodbridge’s home sales outlook a “Perfect Calm.” Far from it!
Some of the signs:
- Falling Inventory. Per the NAR’s Existing Home Sales Report, there’s a nation-wide shortage of total inventory. By the…