Headlines Have You Worried about Your Home’s Value? Read This. Hearing talk about home prices falling? That may leave you worried about whether your house is losing value. But here’s what you need to know. While some local markets have seen small price dips this year, home prices are not ...
Continue ReadingThe Home Demand Index (HDI) for the Washington D.C. metro area is at 87 during this report period, down from 95 in the previous month. This decline reflects a slowdown in buyer activity. Compared with last year’s index of 72, demand remains significantly stronger on an annual basis, reflecting a ...
Continue ReadingWhy More Homeowners Are Giving Up Their Low Mortgage Rate If you’re like a lot of homeowners, you’ve probably thought: “I’d like to move… but I don’t want to give up my 3% rate.” That’s fair. That rate has been one of your best financial wins – and it can ...
Continue ReadingA new year always brings fresh opportunities—and in real estate, it also brings new trends, shifting market dynamics, and emerging buyer and seller priorities. Below is a breakdown of the major real estate trends to watch in the new year, along with actionable insights to help you navigate them. Why ...
Continue ReadingThere’s growing talk of 50-year mortgages being introduced in the U.S. — a move that could make monthly payments more affordable but also stretch your loan into a lifetime commitment. So, is it a good idea? Let’s break it down using a real-world example. Comparing 30-Year vs. 50-Year Mortgages Scenario: ...
Continue ReadingThe Pros and Cons of Buying a Home in the Off-Season When most people think about buying a home, they picture spring and summer — the “peak” real estate seasons. The weather is warm, lawns are green, and inventory is high. But what about fall and winter? While often ...
Continue ReadingThe Home Demand Index (HDI) for the Washington D.C. metro area is at 92 in the latest report, up from 88 last month. This month-over-month increase breaks a five-month streak of consecutive declines, suggesting a potential stabilization in buyer activity. Compared with last year’s index of 88, demand remains slightly ...
Continue ReadingDownsizing Without Debt: How More Homeowners Are Buying Their Next House in Cash If you’ve been thinking about downsizing to lower your expenses, be closer to family, or just make life easier, here’s a trend worth paying attention to: More homeowners are buying their next house outright, without taking on ...
Continue ReadingMortgage Rates Just Saw Their Biggest Drop in a Year You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since ...
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