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 […]
Category Archives: Mortgage rates
Sept’ 22 -DC Metro Area Market Overview
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 […]
Frustrated DC Metro Homebuyer? Here’s What to Do Now
Why Waiting for a Larger Down Payment in Metro DC May Not Save You Money
Preparing to buy a home in Washington DC, Bethesda, Chevy Chase, or Northern Virginia can be overwhelming, there’s no doubt about it. There is much to do to get ready— from grooming your credit score to researching your budget to scouting potential neighborhoods to saving for a down payment. However, if you’ve been waiting to […]
3 Mortgage Myths to Correct Before Buying a Metro DC Home
Did you know misconceptions and myths are what holds would-be homebuyers back most in Metro DC? Buying a home is indeed one of the biggest steps you will ever take, but don’t allow what you assume is true or required to become fact without first doing the research. As your local real estate experts in […]
Should You Buy a Metro DC Home Before Winter?
Buying a Metro DC Home Helps Build Long-Term Wealth
Homebuyers today in the Washington DC area are faced with the age-old question in real estate, “To buy or to rent?” As you look closer at the costs of renting, you will quickly notice that the prospect of buying a home is much more lucrative, especially when it comes to long-term wealth. Homeownership offers a […]
4 Reasons to Buy a Home in Metro DC This Fall
How to Pay Off Your Metro DC Mortgage Early
Becoming a homeowner in Metro DC is exciting, but the thought of paying on your mortgage for the next 30 years may be anything but that. Not to mention, there are many other expenses associated with your home purchase— the inspection, the down payment, the closing costs. Homeowners in Chevy Chase, Bethesda, and the surrounding […]
3 Major Metro DC Home Buying Myths of 2021
If you’re on the fence about buying a home in Bethesda, Chevy Chase, Washington DC, or the surrounding communities, you might be surprised to know that what’s been holding you back is a complete myth! There are dozens of myths flying around the Metro DC real estate market surrounding everything from necessary credit scores to […]