Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage ...
Continue ReadingLast month it looked like a slight market easing was underway as, for six straight weeks in the DC metropolitan area, more homes came on the market than went under contract. In fact, the median sold price for residential properties in the area was $575,250 in July, a decrease of ...
Continue ReadingThe sun doesn’t appear to be setting on the bustling housing market, even as mortgage rates continue to rise. The gradual increase in 30-year fixed mortgage rates and a slight dip in mortgage applications may have initially worried some ahead of the spring home-selling market. Rates rose to over 3% ...
Continue ReadingMoving Parts: Pandemic Reshuffles Hot and Cold Housing Markets Like any major market disruption, the COVID-19 pandemic has created its share of winners and the less fortunate across the real estate economy. Generally, the residential sector has outperformed many other industries; however, a closer look at moving behaviors has found ...
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