Tax season is upon us and this year, the filing deadline is April 18. The deadline was pushedback since April 15 falls on a Saturday this year and Emancipation Day will be observed onMonday, April 17. As you prepare your 2022 taxes, here are a few housing-related items tokeep in mind. Home interest deductions. Mortgages […]
As a buyer in Washington DC, Bethesda, Chevy Chase, and and Northern Virginia, it is essential to consider all costs association with your new home. Everything from maintenance to renovation, repairs and closing costs should be factored in to ensure that you do not have any surprises or worries down the road. But if you’re […]
Homebuyers in today’s real estate market may have fewer properties to choose from than they have in the past, but they do have two important choices— existing home or new construction. Existing, as you may have guessed, are lived-in homes while new construction offers the option to be the first owner, occupant and at times, […]
Demand for homes was strongest in Arlington County and Alexandria City in December although the Index was in the Slow range. Buyer interest was Limited in the other counties in the metro area. The Index decreased over the month in each Washington Metro area county. Demand was Slow in the Southern Maryland and Maryland-West Virginia […]
The Bright MLS | T3 Home Demand Index for the Washington Metro area fell 8.2 percent in August to 101, reflecting a Steady pace of demand. The Index had been in the Moderate range for the previous five months and was slightly more than 17 percent lower than the same month one year earlier.The market […]
Home demand in the Washington Metro area softened in May as reflected by a 6.3 percent decrease in the Bright MLS | T3 Home Demand Index. Although down over the month, demand remained in the Moderate range. Demand was High one year earlier. The market trend line, below, provides a high-level monthly overview of the […]
Summer is one of the best times to tackle that long homeowner to-do list! Whether it’s replacing your front door, installing new light fixtures and landscaping, or even as big as renovating an entire bathroom, there are certain projects that can give your home a much needed boost in terms of looks and value! But don’t be too quick […]
As we get closer to the official start of summer, the temperatures aren’t the only thing picking up! The number of Metro DC residents planning to buy a new home is rising— as it tends to do during these warmer months! As the summer continues, the local real estate markets in Washington DC, Bethesda, Chevy […]
With more Metro DC homebuyers in the local real estate market this summer, one thing is for certain— buyers are looking for home features that their current homes do not already supply. Popular selling points like extra storage, organization, a great location, outdoor space, low-energy features, and low maintenance will stand out to those looking […]
Summer is upon us and it’s an exciting time in local real estate! The conditions are ideal for moving, homebuyers are feeling motivated, and Metro DC home sellers are ready for a change of scenery. However, despite the market statistics on rising mortgage rates and housing prices, there are still a few buyers on the […]