March 21, 2014 | by Sue Goodhart
Spring brings buyers, but what about inventory?
cherry blossoms, spring, gay news, Washington Blade

Flowers aren’t the only things that bloom in spring. The season also brings a boosted real estate market. (Washington Blade file photo by Michael Key)

The spring residential market awakens as of March and ushers in the strongest quarter of any year. The cold and snow are further behind us and days are growing longer. Homeowners are waking up and discovering that in their winter slumber the house has perhaps grown too small for comfortable living or perhaps another found their home too big or too much work as they grow another year older.

Renters will generally have done their taxes and reevaluated the costs of not owning and are ready to throw their iron in the fire. For us here at the Goodhart Group, it is an exciting time as we meet so many people and learn of their needs and goals and work out ways to assist them to achieve them.

In meeting each client we find most people love where they live. Prying them out of the area they plopped into when they arrived in town can be tough. They like their grocery store or the local deli and they have developed roots.

Often, however, the type of home they are yearning for may not be available in the neighborhood they love. So showing them new, interesting and just as lovable areas becomes our primary job. There is resistance at first and even tears on moving day but we have found that buyers snuggle into their new homes and neighborhoods and grow as many roots as they had in the last home. Mainly it’s because we fill each home with our love, our families, our friends, our pets and our “stuff.” I hate to be trite but home really is where the heart is. Where we bring what we love and like a big beating heart we learn to love whatever radiates around it.

The 2014 spring market promises to be an interesting one. The stock market growth in 2013 has given buyers fatter wallets and stronger reserves. The desire to move investments out of cash and into real estate has become stronger. The problem? Inventory. New construction in most areas has been limited to apartment buildings. People are staying in their homes longer. We shall see if the pace of sales can match last spring.

From the bottom of our hearts, we’d like to thank you for your referrals. If you or anyone you know would like to learn more about local real estate, please contact us at 202-507-7800 or homes@thegoodhartgroup.com or visit us online at thegoodhartgroup.com.

Sue Goodhart is the top-producing agent at McEnearney Associates in Alexandria and is licensed in D.C., Maryland and Virginia. Reach her at 202-507-7800 or sue@suegoodhart.com.

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