What’s going on in the DC market? As always, that depends.
But in DC as of June, the average ask price is $909,000, that’s down 1.6% from April, and the average days on market is 84, which is up 6% since April.
But that doesn’t ...
If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong.
Lenders are making it s...
If you’ve seen headlines saying home sales are down compared to last year, you might be thinking – is it even a good time to sell?
Here’s the thing. Sure, the pace of the market has cooled compared to the frenzy we saw just a few ...
Happy July to you, our friends. Not surprisingly we are seeing a 40% drop in new listings this week compared with last week. Yet the market didn’t follow suit and kept up with folks buying houses.
Total inventory shrank 6% and ...
Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a home yourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. T...
We have the Luxury Market covered at Compass.
Our properties listed at $3M and above here in the DMV are placed on the national Compass Luxury platform giving them global exposure to our curated Luxury clientele.
Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by...
Here’s something you need to know. The housing market is getting back to a healthier, more normal place. And even though it may not sound like it, this shift is actually a good thing.
It’s what you should expect. It’s just that o...
Good 4th of July week!
Good news on the mortgage front. Rates improved last week and are showing signs of continued improvement. Time to give your friendly loan officer a call to get their take.
Does this mean we will have a b...
Are you thinking about buying a home, but not sure if now’s the right time? A lot of people are waiting and wondering what the market’s going to do next. But here’s something only the savviest buyers realize:
This summer might act...