real estate market

Market Watch – Week Ending January 12, 2025

https://terringwanggroup.com/wp-content/uploads/2025/01/JAN-12-2025-Market-Watch.mp4 The Washington, D.C. real estate market for the week ending January 12, 2025, has exhibited notable fluctuations, reflecting both seasonal trends and market shifts. New listings totaled 915, marking a significant 7.5% decrease year-over-year from January 2024 but a robust 22% increase compared to the previous week. The...

Market Watch – Week Ending January 5, 2025

https://terringwanggroup.com/wp-content/uploads/2025/01/JAN-2025-Market-Watch.mp4The Washington DC real estate market for the week ending January 5, 2025, presents a mix of year-over-year declines and week-over-week improvements. New listings totaled 750, reflecting a 5.9% decrease compared to the same week in January 2024. However, there was a dramatic 99.5% increase in new listings from the previous...

Market Watch – Week Ending December 15, 2024

https://terringwanggroup.com/wp-content/uploads/2024/12/Dec-15-Market-Watch.mp4The Washington, DC real estate market showed mixed results during the week ending December 15, 2024. Below is an overview of the key performance metrics: New Listings: A total of 628 new listings were recorded, reflecting a 5.2% increase compared to the same week in December 2023. However, new listings saw a notable decline...

Market Update – November 2024

As of November 2024, closed sales in the Washington, D.C. metro area have shown notable improvement, with a 7.7% increase compared to November 2023. This growth has helped shift the year-to-date sales trend into positive territory, up by 0.5%. The outlook for the market remains optimistic, bolstered by strong performance in new pending sales, which saw a significant 13.8% year-over-year...

Market Watch – Week Ending November 17, 2024

https://terringwanggroup.com/wp-content/uploads/2024/11/NOV17-Market-Watch.mp4The Washington DC real estate market for the week ending November 17, 2024, shows steady activity with mixed trends. Buyer interest remains strong, as evidenced by a 26.3% increase in showings year-over-year and a 14.4% rise from the previous week. However, new purchase contracts have slightly slowed down, down 2.3% from the...

Market Watch – Week Ending October 27, 2024

https://terringwanggroup.com/wp-content/uploads/2024/10/Market-Update-27Oct-1.mp4For the week ending October 27, the Mid-Atlantic region saw 5,783 new contracts. With improved affordability this fall, new contracts are up 13.2% compared to the same week in 2023, and are noticeably higher than levels from 2022 as well.There has been a substantial increase in showings for the second consecutive week,...

Market Watch – Week Ending October 13, 2024

DC Metro had a median list price of $419,990 for the week ending October 13. The fall season usually sees consecutive declines as the market cools for the year, but there was a 2.1% increase from last week, bumping list prices 6.6% higher than the same week in 2023. Many buyers have returned to the market, keeping prices elevated for longer. There were 5,835 new purchase contracts in the...

Mid-Atlantic CCIM chapter committee chairs.

Celebrating Diversity, Equity & Inclusion: A Spotlight on Terring H. Wang in Maryland Realtor Magazine

I've had the incredible privilege of being featured in Maryland Realtor Magazine Vol LVII Jun/Jul 2023 where we talked about Diversity, Equity & Inclusion (DEI) and also lead the MARYLAND committee as the Chair for our esteemed CCIM MID-ATLANTIC chapter. If you're immersed in the commercial business realm, brace yourself for a wave of excitement as we have an array of captivating commercial education...

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