For homebuyers in Maryland, DC, and Northern Virginia today, there are many choices associated with local real estate. From when to buy or when to sell, which mortgage type is best and which community is the best fit, there is also one other important question homebuyers must ask themselves— new construction or existing? The prices […]
Tag Archives: homebuyer tips
Why Pre-Approval Is Your Homebuying Game Changer
If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this essential step. Here’s why. While 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 […]
Experts Project Metro DC Home Prices Will Rise over the Next 5 Years
Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 months. That’s nearly one in four […]
Explaining Today’s Low Housing Supply in Metro DC
The housing market has been a hot topic lately, and for good reason. A recent infographic by Keeping Current Matters sheds light on the low housing supply dilemma happy in both Metro DC and around the country. In a nutshell, the current housing supply shortage is driven by several factors: High Demand A surge in […]
Where are Home Prices Going in the Next Five Years?
The real estate market is ever-changing, and staying informed about its future trends is crucial for both DC area buyers and sellers. The recent Home Price Expectation Survey (HPES) from Pulsenomics offers valuable insights into what we can expect. Below, we’ll break down the key points from the study to give you a clear understanding of […]
How to Make Your Best Offer on a Metro DC Home
Crafting the best offer as a Metro DC home buyer can make all the difference between securing your dream home and losing out to other prospective buyers. Whether you’re a first-time homebuyer or an experienced one, below is a step-by-step guide to help you write an irresistible offer. Understand the Market Before you make an […]
Common Bethesda and Chevy Chase Home Buying Excuses
Buying a home in Bethesda or Chevy Chase is a significant step, often followed by a mix of excitement and fear. Many potential DC area buyers are held back by common misconceptions that may not hold true in today’s real estate market. Let’s debunk four of these misconceptions to help you make a more informed […]
DC Real Estate Wish List: New Survey Finds Buyers Want Walkability
In a recent announcement, the National Association of Realtors® (NAR) shared interesting insights from their 2023 Community & Transportation Preferences Survey. This survey, conducted every three years, offers valuable perspectives on Americans’ preferences when it comes to their home’s location and community attributes. The findings highlight a growing sentiment among buyers today— living in walkable […]
Why Work with a DC Metro Real Estate Agent This Summer
In the age of easily accessible information and online tools galore, we tend to believe that we can handle any task on our own, including buying or selling a property. However, when it comes to real estate transactions—especially in the busy summer months—there are many reasons why working with a professional DC Metro real estate […]