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 […]
Category Archives: Mortgage rates
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 […]
Avoid These Common Mistakes After Applying for a Metro DC Mortgage
If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply for your mortgage and before you close. Here’s a list of things […]
Why Older Metro DC Homes Might Be More Appealing to Buyers
For homebuyers in Maryland, DC, and Northern Virginia today, there are many choices associated with local real estate. From when to buy or when to sell, which mortgage type is best and which community is the best fit, there is also one other important question homebuyers must ask themselves— new construction or existing? The prices […]
Why Pre-Approval Is Your Homebuying Game Changer
If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this essential step. Here’s why. While home […]
What Metro DC Homeowners Should Know About Home Inspections
Navigating the vibrant Metro DC real estate market requires savvy homeownership, and understanding the nuances of a home inspection is crucial. Here are key insights to ensure a smooth process and optimal results in the nation’s capital. Prep Your Home for Monumental Inspection Success: Prioritize the pre-inspection preparations to make your Metro DC property shine. […]
3 Reasons to Sell Your Metro DC House Before the New Year
Some Highlights Here are a few reasons you may not want to hold off until the new year to sell your house. Buyers looking right now are highly motivated, the supply of homes for sale is still low, and you may find buyers are more flexible with showings this time of year. Let’s connect to determine if selling your house now is the right move for […]
Experts Project Metro DC Home Prices Will Rise over the Next 5 Years
Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 months. That’s nearly one in four […]
Where are Home Prices Going in the Next Five Years?
The real estate market is ever-changing, and staying informed about its future trends is crucial for both DC area buyers and sellers. The recent Home Price Expectation Survey (HPES) from Pulsenomics offers valuable insights into what we can expect. Below, we’ll break down the key points from the study to give you a clear understanding of […]