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 […]
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 […]
While many Metro DC residents would love to receive a new home for the holidays, not many are up to the task of selling a home during this time. But don’t be discouraged! Selling a home during the holidays can happen and there are quite a few reasons a home seller may choose to list […]
With buyer demand soaring and inventory still trending lower, the ball is in the seller’s court in the local Metro DC real estate market. But that doesn’t mean you can simply place a “For Sale” sign in your yard and the offers will begin to pour in. There are several mistakes that can actually hold […]
If you’ve been keeping an eye on home values around Metro DC, you’ll know— American homeowners are now a whole lot richer. According to internet realtor Zillow, US housing gained $2.5 trillion in value last year, which makes that gain the biggest since 2005. There’s not doubt about it, the housing market is BOOMING! In […]
If you love flowers or just Montgomery County fun facts, you’ll love this bit of Chevy Chase history! Fred B. Winkler, a pioneer of hybrid snapdragons, lived on Jones Mill Road in Chevy Chase. At his family’s greenhouse, the Chevy Chase florist pioneered 21 varieties of hybrid snapdragons. About Fred Winkler The son of Hermine […]
Families in Maryland or interested in moving to Maryland have recently taking interest in the Chevy Chase area. Chevy Chase is an unincorporated community near Washington D.C. It is considered to be one of the top 10 places to live in Maryland for its effective education system and low crime rate. Small Town Feel – […]
Let’s take a look at the real estate market. Currently there are 79 sales pending in the market overall, leaving 310 listings still for sale. The resulting pending ratio is 20.3% (79 divided by 389). So you might be asking yourself, that’s great… but what exactly does it mean? I’m glad you asked! The pending […]
Let’s take a look at the real estate market. Currently there are 69 sales pending in the market overall, leaving 231 listings still for sale. The resulting pending ratio is 23.0% (69 divided by 300). So you might be asking yourself, that’s great… but what exactly does it mean? I’m glad you asked! The pending […]
eing up-to-date on the latest real estate activity on the local housing market is just the first step toward enjoying a successful real estate transaction.
It’s also critical that you work alongside an experienced REALTOR who knows the ins and outs of the market and who can provide some context on how recent activity impacts your efforts as a buyer or seller.
Thus, if you’re thinking about entering the Chevy Chase housing market anytime soon, make sure to contact us at The Estridge Group.