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 […]
Tag Archives: mortgage rates
Why Is It So Important to Get Pre-Approved for a Metro DC Home?
You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around for homes in Washington DC, Bethesda, Chevy […]
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 […]
Types of Debt That Can Affect Your DC Metro Mortgage Approval
The spring season is upon us here in Metro DC and with the market (and the weather!) soon to heat up, buyers are feeling the motivation to browse available homes! But once you’ve found your dream home in Washington DC, Bethesda, Chevy Chase, or Northern Virginia and you’ve moved on to applying for a mortgage, […]
Why Buying a Home in Metro DC Still Makes More Sense Than Renting
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 […]
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 […]
Tell-Tale Signs It’s Time to Sell Your Maryland Home
The market has shifted over the past few months and while mortgage rates have ticked higher than they’ve been over the last year, increases have slowed, and Metro DC homebuyers are still eager to make a move. Now is prime time for Maryland, DC, and NoVA home sellers to take the necessary steps and list […]
Why You Should Consider Buying a Home in Metro DC This Fall
Today’s real estate market conditions including low inventory, rising home prices, and low mortgage rates have many Metro DC residents wondering if now is the time to buy. You may even be swayed by the assumption that spring and summer are the best times to make a move— but before you make the decision to […]
3 Mortgage Myths to Correct Before Buying a Metro DC Home
Did you know misconceptions and myths are what holds would-be homebuyers back most in Metro DC? Buying a home is indeed one of the biggest steps you will ever take, but don’t allow what you assume is true or required to become fact without first doing the research. As your local real estate experts in […]
How to Stand Out as a Metro DC Home Buyer
As we get closer to the official start of summer, the temperatures aren’t the only thing picking up! The number of Metro DC residents planning to buy a new home is rising— as it tends to do during these warmer months! As the summer continues, the local real estate markets in Washington DC, Bethesda, Chevy […]