Mark Worrilow teaches in-person and hybrid real estate classes throughout the state.
Mark Worrilow of Fathom Realty sheds light on the absorption rate in the Northern Virginia Real Estate market and its pivotal role in navigating the dynamic Real Estate landscape of Northern Virginia and Stafford County. Worrilow, an expert in the field, delved into why absorption rate holds significant importance for prospective buyers and sellers.
“When people inquire about the state of the market, the terms ‘seller’s market’ or ‘buyer’s market’ often get tossed around without much quantification,” commented Worrilow. “Absorption rate provides that quantification by comparing the number…
Amidst unprecedented global uncertainties beginning early 2023, the Indian real estate sector not only weathered the storm but has emerged as a beacon of resilience and adaptability during the year. On an annual basis, housing prices rose between 10% and 24% across the top 7 cities, primarily due to increased input costs and strong demand.
Interestingly, despite price rise a significant jump in housing sales and new launches was seen. As per ANAROCK Research, 2023 saw all-time high housing sales of nearly 4.77 lakh units across the top 7 cities, 31% more than 2022, thus creating a new peak in…
You probably caught wind of the lawsuit involving the National Association of Realtors (NAR). It’s stirred up some talk in the real estate circles, and it’s got both buyers and sellers wondering what the ripple effects might be.
Here’s the gist: The lawsuit took aim at certain practices within the NAR, particularly how commissions are structured in real estate transactions. It’s sparking discussions about transparency and fairness in the industry.
The California Association of Realtors (CAR) has been ahead of the curve, and transparency is top of the list.
Now, you might be wondering, “How does this affect me?”
Well,…
In an insightful conversation, Paweł and Rajmund, leaders of a burgeoning Polish fit-out company, share their journey through a transformative year in 2023, navigating the complex landscape of the real estate market. With a focus on cultivating a familial atmosphere within their team, they have successfully expanded their workforce and project scope across Poland, underscoring the significance of internal and external relationships in driving growth.
Innovative Expansion and Diverse Projects
The company’s strategic expansion into various sectors, including residential properties, the Private Rental Sector (PRS), logistics, and hospitality, illustrates its adaptability and foresight. By embracing the ‘Design & Build’ approach,…