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 […]
Home Demand Map Buyer interest was strongest in Arlington County with an Index in the High range and in Alexandria City where demand was Moderate. Demand was Limited in Frederick County and Steady or Slow in the rest of the Washington Metro area. Buyer interest decreased over the month in each Washington Metro area county. […]
Home Demand Map Buyer interest in Arlington County and Alexandria City remained in the High range in August. Demand was Slow in Frederick County and Washington, DC and Steady in Montgomery and Prince Georges counties. The Index was in the High range in the Southern Maryland and Maryland-West Virginia Panhandle market areas and Steady in […]
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 […]
Buyer demand for homes in the Washington Metro area fell in July according to the Bright MLS | T3 Home Demand Index. The Index, at 110, was down 8.3 percent over the month and 10.6 percent lower than one year earlier. The market trend line, below, provides a high-level monthly overview of the Home Demand […]
Demand for Washington Metro area homes rose slightly in June according to the Bright MLS | T3 Home Demand Index. The Index rose 1.7 percent over the month to 120, reflecting a Moderate pace of demand. The market trend line, below, provides a high-level monthly overview of the Home Demand Index for each of the […]
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 […]