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: dc metro homebuyers
Should I Wait for Mortgage Rates To Come Down Before I Move?
If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you. In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll […]
Metro DC New Construction Homes: Spring’s Potential Game Changer
As the spring real estate market blooms, the spotlight is on Metro DC newly constructed homes which are set to become a serious game changer in the housing market. With a surge in demand, new construction homes offer a beacon of hope amid supply constraints. Addressing Inventory Challenges Newly built homes in Washington DC, Bethesda, […]
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, […]
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 […]
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 […]
What You Need to Know About Homeowner’s Insurance in Metro DC
When you buy a new home in the Washington DC area, one of the next steps you take will be protecting it with homeowner’s insurance. However, this can be a major source of stress for first-time buyers who have never navigated the process before. But don’t worry! As your local real estate experts in Metro […]
3 Ways to Research Metro DC Homes for Sale Before You Buy
There is much research to be conducted when buying a home in Washington DC, Bethesda, Chevy Chase, and Northern Virginia. For instance, not only will you need to determine the location or community where you’d like to live, but you will want to look further into the neighborhood and even the street itself. Before you […]
Mortgage Options For DC Homebuyers
Are you thinking of buying a home in the DC Metro area? It’s a good time to buy now, especially since mortgage rates are quite favorable. However, if you have had trouble qualifying for a home loan, you may want to consider trying to get a mortgage credit certificate. Tell Me About Mortgage Credit Certificates […]