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November 2023 DC Metro Area Market Update

Hey everyone! Happy Thanksgiving and welcome to our Market Update for November 2023! Let’s start out with some great news!Inflation numbers were recently reported at 3.2%! This is a huge decrease from the high of 9.1% last year, which caused the government to raise interest rates to slow down inflation and should lead to a decrease in mortgage rates in the future.And we have seen that a little already....

Business trip to Austin!

  Time again! Kick off my another business trip to Austin!! Attending Keller Williams Commercial Summit & KW Mega Camp, it becomes my regular routine every August to our headquarter office, and it is always my top impactful education event of the year. As a full time real estate professional, I feel it’s so important to fuel up myself with those latest real estate updates, technologies...

Air & Space Forces Association Completes Sale of Long-Held Arlington, Virginia Headquarters After Nearly Four Decades

The Air & Space Forces Association (AFA) has successfully sold its longstanding national headquarters in Arlington, Virginia, as it embarks on a journey to secure a more modern office space. Taicoon Property Partners, based in Arlington, has acquired the iconic 1501 Langston Blvd. building that had served as the AFA's home since 1984. The transaction concluded at a price of $16.25 million, amounting...

Your Guide to the 2023 Annual Fireworks Show

Experience the dazzling spectacle of fireworks this Independence Day! Join us for the annual firework show on the National Mall at 9:09 PM (Tuesday), and for an optimal view, secure a spot in the grassy area surrounding the iconic Washington Monument. Alternatively, discover prime viewing locations at Anacostia Park (Tuesday) or Cardozo Education Campus (Tuesday) in the vibrant Columbia Heights...

Montgomery County passes new increased Recordation Tax Rates.

Effective October 1, 2023, Montgomery County transactions will see a new, increased recordation tax. The new schedule is below. The First $500,000 is taxed at the rate of $8.90 per $1000, or fraction thereof From $500,000-$600,000, the tax rate is $13.50 per $1000, or fraction thereof From $600,000.01 to $750,000, the tax rate is $20.40 per $1000, or fraction thereof From $750,000.01 to $1,000,000,...

Explore a Trio of Stunning Properties!

For Lease: Elizabeth - This magnificent home features 7 bedrooms and a spacious living area, providing ample room for relaxation and entertainment. Experience the perfect blend of comfort and luxury in this beautiful residence. Coming Soon For Sale: Chalet - A charming home with 2 beds, 2 full baths, and a den. This cozy retreat offers a perfect balance of comfort and style. Don't miss the...

Mortgage interest rates expected to drop in 2023—here’s by how much

 monkeybusinessimages | Getty After home financing costs nearly doubled in 2022, some relief is in sight for potential homebuyers in 2023. The interest rate for a 30-year fixed-rate mortgage in the U.S. is expected to drop to 5.25% by the end of this year, according to a forecast by the financial services website Bankrate. That’s 1.49 percentage points lower than the current rate, and nearly...

Commercial Listings for lease and/or for sale

Commercial Office Space for Rent in Rockville MD   Commercial Office Space for Rent in Rockville MD   Commercial Office Space for Rent in Rockville MD   Commercial Office Space For Rent in Beltsville MD Rare, beautifully updated, and meticulously maintained upper level 3 Bed, 2.5 Bath townhouse-style condo in the heart of The Lakelands neighborhood. This unit backs...

Real Estate Industry and Competitors

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