Author Archive
The Number One Mistake Sellers Are Making: Overpricing Their House
In today's housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to dro...
How Mortgage Rate Changes Impact Your Homebuying Power
If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to ...
DMV Weekly Market Update: August 26, 2024
Time for Back to School! MoCo & DC Public Schools are back in session today and Fairfax started last week. We are seeing a small contraction (-4.6%) in new listings as folks take a pause for the end of summer vacations but sh...
What Is a Property Survey?
So what’s a property survey? It’s the meats and bounds of real estate! Get it? Ok, as a homebuyer and homeowner it is wise to have a survey done of the property. Condos and townhouses in an HOA, it’s not so crucial but as a buye...
The Great Wealth Transfer: A New Era of Opportunity
In recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer. Historically, the transfer of wealth from one generation to the next was a more gradual process, oft...
Is Affordability Starting To Improve?
Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it's getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chie...
Are There More Homes for Sale Where You Live?
One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale...
DMV Weekly Market Update: August 19, 2024
Hello DC! The market held since last week. New listings matched closely with last week’s numbers and supply shows signs of a slower pace for houses to go to contract. We expect an uptick in listings and the pace of sales as we ...