Blog
A Newly Built Home May Actually Be More Budget-Friendly
If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, ...
Why a Foreclosure Wave Isn’t on the Horizon
Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble maki...
Weekly Market Update: July 29, 2024
As we close out July, we see a drop (-15%) in new listings and an increase (9.25%) in months of supply since last week’s report. In simple terms we are seeing the seasonal slowdown in new properties being offered for sale and a...
What is an Escrow Deposit?
What is an escrow deposit? Here in the DC metro area we call it the EMD or earnest money deposit. It is the best way for a buyer to demonstrate to the seller they are legit.
Five Home Prep Selling Tips
Here are five home selling tips that will help you in any market. Declutter Clean windows Make necessary repairs Home staging Updates
Why Fixing Up Your House Can Help It Sell Faster
If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains: “Buyers are stil...
How To Determine if You’re Ready To Buy a Home
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re ...
Weekly Market Update: July 22, 2024
Summer sales are in full swing. We have had another strong week of new listings with 766 properties hitting the market since last week. Also, in case you hadn’t heard the FED is signaling easing rates as early as September. ...