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 […]
With buyer demand soaring and inventory still trending lower, the ball is in the seller’s court in the local Metro DC real estate market. But that doesn’t mean you can simply place a “For Sale” sign in your yard and the offers will begin to pour in. There are several mistakes that can actually hold […]
Every Metro DC homeowner has a successful sale in mind when they list their property, but did you know there are several common issues that can cause the transaction to come apart at the seams? If you are aware of any problems prior to listing your Washington DC, Bethesda, Chevy Chase, or Northern Virginia home, […]
If you’ve been thinking about selling your Metro DC home, the best time to do so is coming up! According to Realtor.com, experts in a recent study analyze housing market trends by looking at date from the past several years (except for 2020, since it was an atypical year), and determined early April is the […]
4th of July in 2020 is going to look a little different this year in Washington, DC. But there’s still fireworks and plenty of ways to celebrate.