Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin, says: […]
Tag Archives: Chevy Chase homes
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 […]
The Truth About Down Payments
If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case. Unless specified by your loan type or lender, […]
Don’t Let the Latest Home Price Headlines Confuse You
Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year. While this varies by market, and while there were some months with slight […]
Should I Move to a DC Metro Condo or Townhome?
Downsizing, whether due to empty nesting or seeking a simpler lifestyle, often prompts the question: Should I move to a condo or a townhome? Both options offer low-maintenance living, but understanding the nuances can help you make the right choice as you embark on this new chapter in your homeowner journey. Condo Living Condo living […]
What to Do When Your Metro DC Home Isn’t Selling
If your Metro DC home is currently on the market without any promising offers yet, you might find yourself growing increasingly frustrated as time goes on. It’s a common scenario for many area home sellers that can be understandably disheartening, but don’t worry too much! There are several proactive steps you can take to breathe […]
How to Go Green in Your Bethesda Home
Red Flags to Watch for When House Hunting in Metro DC
As winter blankets the DC Metro real estate market with a serene layer of snow, house hunters brave the cold in search of their dream home. While the winter months can offer unique advantages, such as less competition and potentially lower prices, it’s crucial to be vigilant and identify potential red flags during your winter […]
The Perks of Selling Your Maryland Home When Inventory Is Low
When it comes to selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move. One thing that may be working in your favor is how few homes there are for sale right now. Here’s what you need to know about the current inventory situation and what it means for […]