Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin, says: […]
Tag Archives: homebuyers
Should I Wait for Mortgage Rates To Come Down Before I Move?
If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you. In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll […]
Metro DC New Construction Homes: Spring’s Potential Game Changer
As the spring real estate market blooms, the spotlight is on Metro DC newly constructed homes which are set to become a serious game changer in the housing market. With a surge in demand, new construction homes offer a beacon of hope amid supply constraints. Addressing Inventory Challenges Newly built homes in Washington DC, Bethesda, […]
What Are Experts Saying About the Spring Housing Market?
If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season. Odeta Kushi, Deputy Chief Economist, First American: “. . . it seems our general expectation […]
Crafting a Competitive Offer: 4 Essential Tips for Maryland Home Buyers
In the quest to secure your dream home in Chevy Chase, Bethesda, and the surrounding areas, crafting a strong offer is a key part of the process. Here are four key tips to ensure your offer stands out in a competitive Maryland real estate market: Know Your Budget: Before making an offer, determine your budget […]
Does It Make Sense to Buy a Home Right Now?
Thinking about buying a home? If so, you’re probably wondering: should I buy now or wait? Nobody can make that decision for you, but here’s some information that can help you decide. What’s Next for Home Prices? Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price Expectations Survey (HPES). It asks more than 100 experts—economists, real estate professionals, and […]
What You Should Know as a First-Time Home Buyer in Metro DC
Purchasing your first home in the DC Metro is a significant milestone, marking a new chapter in your life. However, navigating the complex world of real estate can be daunting. To help ease your journey towards homeownership, here are some essential tips for first-time homebuyers. Set a Realistic Budget: Determine how much you can comfortably […]
The Truth About Down Payments
If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case. Unless specified by your loan type or lender, […]
Should I Move to a DC Metro Condo or Townhome?
Downsizing, whether due to empty nesting or seeking a simpler lifestyle, often prompts the question: Should I move to a condo or a townhome? Both options offer low-maintenance living, but understanding the nuances can help you make the right choice as you embark on this new chapter in your homeowner journey. Condo Living Condo living […]
The Benefits of Working With an Agent When You Sell Your Metro DC Home
The Benefits of Working With an Agent When You Sell Your House [INFOGRAPHIC] Some Highlights When it comes to selling your house, the expertise of a trusted real estate agent can make a big difference. They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed […]