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Matt Cheney Market Update

Weekly Market Report: November 20, 2023

Happy Thanksgiving Week! Safe travels to all. We anticipate a small bump in inventory next week when folks return from their holidays. In the meantime, new listings shrank this week since last -8.21%. Have any questions about ...

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Thinking About Using Your 401(k) To Buy a Home?

Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You're not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement ...

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Come on a Tour of Bethesda

Today we are in Bethesda taking a look back at our Onsite Episode 9, let’s go! Bethesda Maryland is an unincorporated part of Montgomery County Maryland which encompasses seven zip codes. There are no official boundaries for the area c...

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Homeowner Net Worth Has Skyrocketed

If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board relea...

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What Do You Need to Sell Your House?

So what do you need to sell your house? Me for starters. But joking aside, if you want to sell your home for top dollar you’ll want: professional photography, videos, floorplans. Plus an agent who uses social media, email, print adver...

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Matt Cheney Market Update

Weekly Market Update: November 13, 2023

Happy Autum Monday Folks! Inventory tightened more so since last week. The months of supply decreased -3.4 since last week and brought us to less than two months. That’s basic economics. With that little inventory, home pric...

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Let’s Tour Kensington & Garrett Park

Welcome to Kensington folks! Happy Friday! Today we are looking back at our Onsite Episode 41: Kensington. Kensington is home to the largest collection of antique shops in the DMV here at the Antique Row on Howard Avenue just off Conn...

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Reasons To Sell Your House Before the New Year

As the year winds down, you may have decided it's time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make...

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Don’t Believe Everything You Read About Home Prices

According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices ...

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What Does a Million Dollars Buy You in DC?

What does $1 million dollars get you in DC? In the past year here in DC and Arlington, there were 41 sales for exactly $1M dollars. Those million dollars get you 3 bedrooms, 3 bathrooms, a 2,000-sf house, and a 3,800-sf lot and 60% od...

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