Kevin McManus wanted to sell his North Arlington, Va., home back in January, but his real estate agent suggested he wait until spring. McManus listed the home on March 13th, and it sold seven days later — right on the vernal equinox.
"I was very surprised because it's an old home — it does have issues," admits McManus.
The property is by a major interstate highway, which McManus thought would be a negative, but it may illustrate why the Washington metro area is faring so much better than the rest of the nation.
"Maybe that speaks to people wanting to be close to D.C. and the convenience of Metro," says McManus.
He is likely right. Thanks to high gasoline prices, today's home buyers want to be close in. D.C., with so many close-in, thriving suburbs from Maryland to Virginia, and an expansive Metro system, offers ample opportunity. McManus got close to his asking price.