Making the decision to buy a home is most likely one of the biggest decisions you will make in your life. Since a home purchase is also one of the largest investments—if not the largest—most people will make in their lifetimes, moving forward … [Read more...]
More “Balanced” Real Estate Market in the DC Metro Area
We finally seem to be back to a relatively balanced market based on January 2023 real estate statistics in the DC metro market. We are significantly lower in sales since January 2022, prices are generally higher but active inventory and days on … [Read more...]
The Secret Science of Bidding for Real Estate
We are still very short on inventory in this area, so if you are looking to buy, you are likely to encounter a bidding war, especially in mid-market properties. So your opening bid should be based on two things: what you can afford and what you think … [Read more...]
Is This a Good Time to Buy a Home?
Interest rates are on the rise again after the historic lows of 2020, and some are suggesting it may not be a good time to buy a new home or an investment property. On the other hand, we are also enjoying increased home equity from price appreciation … [Read more...]
Market-specific Questions to Ask a Real Estate Agent
Whether you’re selling or buying a home, being informed about the local market will help you meet your real estate goals. If you’re working alongside a real estate agent, they can provide you with an in-depth market analysis based on trends in your … [Read more...]
The October 2022 Real Estate Market in the Washington DC Metro Area
The October Real Estate market remained interesting due to the effects of higher interest rates, with some unusual combinations of trends. Specifically sales were lower and days on the market were higher than last October in virtually all markets … [Read more...]
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