Owning a home in DC, Maryland, or NoVA is not just a symbol of stability and security; it can also be a powerful wealth-building tool. While the upfront costs of purchasing a property might seem daunting, the long-term benefits far outweigh the initial investment. As your local real estate experts, we’re sharing below how homeownership […]
Nestled in Montgomery County, Maryland, Chevy Chase is a picturesque and vibrant community that offers a delightful mix of suburban tranquility and urban convenience. Boasting tree-lined streets, stunning parks, and a close-knit community, Chevy Chase is a place that captures the hearts of residents and visitors alike. If you’re considering a move this year, the […]
Home Demand Map Demand for homes across the Washington Metro area varied widely in March. Buyer interest was High in Arlington County and Moderate in Alexandria City but Limited in Frederick County and Slow or Steady in the rest of the metro area. Demand was Steady in Southern Maryland and Slow in the Maryland-West Virginia […]
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 […]
If you’re a seasoned homeowner, you may have heard the term “refinancing” thrown around. But what exactly is refinancing, and is it right for you? Let’s explore the ins and outs. A Brief Explanation of Refinancing With a refinancing, you pay off an old loan on your home and take out a new one, usually […]
Obtaining a mortgage requires a good amount of research. How long should your mortgage be? What provider should you use? The questions can seem endless. If you’re considering a 40-year mortgage, read on for a bit of valuable insight. Benefits of a 40-Year Mortgage The main drawback of the 40-year mortgage is pretty obvious: 40 […]
