There’s no doubt about it, Washington, DC has experienced an influx of transplants from all corners of the world. And as interest rates and mortgage standards loosen, more and more people will want to buy homes. The question now becomes, where? In this article, we’ll talk about 5 Quickest Selling Neighborhoods in Washington, DC (based on […]
Millennials: How Many are Actually ‘Living with their Parents’?
Every day we are pleasantly surprised with the research coming forward regarding the Millennial generation. Whether it was the over-exaggeration of the student debt challenge, the misbelief that they are not yet ready to buy or the under estimation of their actual home purchases, evidence is beginning to debunk the myths many have held about […]
Fear of Low Down Payments Mostly Unwarranted
After it was announced that Fannie Mae and Freddie Mac would again make available mortgage loans requiring as little as a 3% down payment, many people showed concern. Were we going back to the lower qualifying standards of a decade ago that caused the housing market crash? Won’t lower down payments dramatically increase the default […]
4 Reasons to Buy Before Winter
It’s that time of year, the seasons are changing and with them bring thoughts of the upcoming holidays, family get togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don’t have to look much farther to find four great reasons to consider […]
September 2014 Mid-Atlantic Market Report
Condo & Co-op In MRIS, the median sold price for Condo & Coop properties for September was $254,000, representing an increase of 1.6% compared to last month and an increase of 1.2% from Sep 2013. The average days on market for units sold in September was 51 days, 23% below the 5-year September average of […]
5 Reasons You Shouldn’t For Sale by Owner
Some homeowners may consider trying to sell their home on without the assistance of a real estate professional, known in the industry as a For Sale by Owner (FSBO). We think there are several reasons this might not be a good idea for the vast majority of sellers. Here are five of our reasons 1. […]
