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 […]
Category Archives: Mortgage rates
DC Metro Area Market Overview
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 […]
Why Is It So Important to Get Pre-Approved for a Metro DC Home?
You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around for homes in Washington DC, Bethesda, Chevy […]
How to Keep Your Metro DC Home Purchase Affordable This Year
When it comes to buying a home in the Washington DC area, there are many moving parts that can easily begin to overwhelm you and cause you to step back. For instance, did you know that misinformation about how much is required for a down payment is one factor that keeps buyers from purchasing their […]
Types of Debt That Can Affect Your DC Metro Mortgage Approval
The spring season is upon us here in Metro DC and with the market (and the weather!) soon to heat up, buyers are feeling the motivation to browse available homes! But once you’ve found your dream home in Washington DC, Bethesda, Chevy Chase, or Northern Virginia and you’ve moved on to applying for a mortgage, […]
Why Buying a Home in Metro DC Still Makes More Sense Than Renting
While you may be watching mortgage rates rise (the average 30-year fixed rate currently hovering around 7 percent) and the number of homes to choose from on the lower end, there is one important concept to consider— buying a home in Metro DC is still a better investment than renting. We know that buying a […]
How to Stretch Your Dollar When Buying Homes in the DMV
In our last blog post, we shared how you can save money when buying a home in Metro DC— including tips on getting a low down payment and browsing foreclosures, auctions, and short sales. But there are more ways to make your dollar stretch even further when buying homes in the DMV and we’re sharing […]
4 Ways to Save Money When Buying a Metro DC Home
You may be watching both home prices and mortgage rates tick upwards in today’s unpredictable real estate market, wondering if buying a home right now is your best bet. While it may be an expensive endeavor, your goal of owning a home in Bethesda, Chevy Chase, Washington DC, or Northern Virginia is not out of […]
Ready for Tax Season? Here are a Few Housing-Related Tax Tips to Consider
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 […]
Metro DC New Construction Home Costs After the Closing
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 […]