Modern apartment building with blue sky.

2050, the Purple Line, and the Future of Housing in Montgomery County

Montgomery County is experiencing a significant housing shortage, affecting everyone from teachers and immigrants to young families and seniors. As the county grapples with addressing this issue, there are three major factors that could play a significant role in shaping the future of housing: Thrive 2050, the Purple Line, and rent stabilization legislation. In this comprehensive article, we will discuss...

Real estate market update for May 21, 2023.

Real Estate Market Update

Highlights for the week ending May 21, 2023 The number of new listings in the Bright MLS footprint has been gradually increasing, although at a slower pace. Compared to previous years, there is a noticeable decrease in the number of new listings. For the week ending May 21, 2023, new listings are 24.0% lower than the same period last year. Despite the absence of the usual spring surge in listings, there...

Free bubble tea social event on May 27th.

Bubble Tea Social

Join us this Memorial Weekend at Gong Cha to indulge in your favorite bubble tea, absolutely FREE! When: On May 27, 2023, from 2pm to 4pm Where: 1800 Rockville Pike c, Rockville, MD 20852   Come and meet Terring Wang, the renowned award-winning realtor in Maryland, along with other esteemed real estate professionals. Discover valuable insights about the current real estate market while...

Real estate market update for week of May 14, 2023.

Weekly Market Report: Week Ending May 14

The Weekly Market Report provides an up-to-date listing and showing information to help you track market activity in real-time. These reports are posted to this page as they are released. Here are the highlights for the week ending May 14, 2023: Slow, persistent growth in contracts. New purchase contracts across the Bright MLS footprint rose 1.2% from last week. While bumpy from week to week, there...

Montgomery County, MD real estate market report.

Real Estate Market Report

Unlock the Latest Real Estate Market Insights! 🏡💼📊 As your trusted real estate advisors, we have exclusive access to the latest market reports. Simply contact us and provide the county, state, or zipcode of the area you're interested in, and we'll provide you with the most up-to-date data and trends. Don't miss out on this valuable information – reach out to us...

Hands holding house keys and model home.

A grant of up to $7,500 toward the purchase of a primary residence!

A new home may be within reach. Get a grant of up to $7,500 toward the purchase of a primary residence with a mortgage loan. Qualified buyers may be able to purchase a new home in targeted markets, with help from our Grant Program. Requirements: • Buyers must purchase a one-unit primary residence within a county on the Grant Targeted Markets list (see back page). • The grant may be awarded for...

Colorful buildings by the river in Portugal.

Interest in Portugal from USA buyers up 88%

  Lisbon, Porto, and Cascais are where North Americans are looking most for houses to buy and rent, according to data from Idealista. In addition to tax incentives, the recent appreciation of the euro against the dollar has made homes even more affordable for Americans. The big question now is whether the demand for homes by North Americans in Portugal will continue to rise. Data from...

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A Surprising Sign That Home Prices Could Finally Plunge This Summer

After a few years of flying high, home prices are finally coming back down to earth with a thud. In fact, the prospect of an outright price drop is looming on the horizon, according to a new Realtor.com report. In March, real estate listing prices came in nationwide at a median of $424,000, down from June’s all-time record high of $449,000. And while this March’s prices are 6.3% higher than in...

Balcony patio with table and chairs overlooking city.

Magnitude of Recent Bank Failures Not Seen Since Great Recession

The takeover by banking regulators this month of Silicon Valley Bank and Signature Bank has conjured up the ghost of the Great Recession.Of the 523 bank failures since 2008, Federal Deposit Insurance Corp. figures show, only one was larger than either Silicon Valley Bank or Signature Bank. That would be Washington Mutual Bank, which had $307 billion in assets, while Silicon Valley Bank had $209 billion and...

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