March News
Dear Friends,

The DC real estate market offers a very favorable environment for home sellers. Data provided by Bright MLS shows that the active supply of homes in Washington, D.C. in December of 2020 was 5,489. This number was the lowest level for the region in a decade. However, while supply is down, many industry forecasters are expecting an approximate 12 percent growth in existing home sales. Historically low mortgage rates, coupled with first-time homebuyers and move-up buyers, are driving the market.

What does this mean for home sellers and buyers? For sellers, escalation clauses and waiving inspections are becoming common practices. Buyers are in fierce competition as listings become available. As a result, some buyers are turning to new home construction.

This month, I hope you check out my blog post about McLean, Virginia. With my experience and expertise, even amidst a highly competitive market, I can find you the home of your dreams there - or anywhere else. I'm proud to share that on two separate occasions recently, I've been able to beat out multiple offers for my buyers - even when there were four other offers. Don't hesitate to contact me today to get started scoring your dream home.

Take care,

Doug
Vice President, TTRSIR
Living In: McLean
Located on the banks of the Potomac River and just ten miles from the center of Washington, D.C., lies McLean, Virginia. With a population of nearly 50,000, McLean is considered one of the best places to live in Fairfax County and the region. McLean offers its residents a quiet, suburban feel with plenty of restaurants, coffee shops, and parks that can be found nearby. Fairfax County, and McLean in particular, is home to many diplomats, high-ranking government officials, and professional athletes as well as our very own TTR Sotheby’s International office!

Click the link to read my blog post and learn more about McLean, Virginia.
Active Listings: McLean
McLean's close proximity to Washington, DC makes it a perfect home for workers of all kinds. It's also close to stunning natural beauty like Great Falls, pictured above. And then there's great dining, shopping, parks, schools, and other great amenities. There is truly something for everyone in McLean.

Click on the link below to check out listings that are available in McLean right now.
Spring Forward Guide
The National Park Service has announced that cherry blossom peak bloom will be from April 2nd-5th.
Try out craft cocktails designed by professional mixologists from the comfort of your own home.
At long last, these DC-area museums are re-opening their doors to the public this spring.
A bar fashioned out of an old 5000-series metro train called Metrobar is coming to Northeast DC.
Here's where you can find free virtual and outdoor fitness classes in the DMV area.
Hornblower Cruises and Events in ALX has restarted its cruises just in time for cherry blossom season.
A Happy Client
My clients and I are on the same team. It's something I take very seriously. The moment when they realize they can relax and trust that their dream home is that much closer - it's one of the best parts of my job.
Perseverance | Compassion | Integrity
Doug Richards | Website