DC Metro area market update for January 2024.

January 2024 Real Estate Market Report

Happy 2024 everyone! With every new year comes new adventures and opportunities, and we are excited to see what this year has in store for you. Now there is a lot of talk about the real estate market in the DC area, especially since it’s an election year. So let us show you what’s happening now and give you our advice if you are thinking of buying or selling a home. We’re always here to be your...

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MOCO Success: Thrive with Rockville’s Business Incentives

"Unlock Your Success in MOCO: City of Rockville Invites You to Thrive in Business with Government Incentive" Thursday, January 4, 2024, 12PM to 3 PM The Spot Bar, 255 N Washington St., Rockville MD 20850 About the Seminar: Join us for an enlightening seminar designed to empower small businesses in our community. In an ever-changing business landscape, understanding and accessing government incentives...

DC Metro Area Market Update November 2023.

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....

DC Metro area housing market update October 2023.

October 2023 DC Metro Area Market Update

In the current landscape of the DC Metro Real Estate Market, amidst its dynamic changes, we recognize that global events, particularly the conflict between Palestine and Israel, are profoundly affecting numerous families within our community. As these situations evolve, our commitment remains steadfast in understanding and enhancing how we can best serve and support our neighbors during these challenging...

Couple walking past a "for sale" sign.

Housing Market Tightens Again As Inventory Hits Historic lows

After the sequence of increases in mortgage rates that commenced in March 2022, the intensity of the D.C.-area housing market subsided as potential buyers held off in anticipation of lower rates, reduced prices, and a rise in inventory. However, with interest rates experiencing another upturn in 2023, many buyers and sellers are recalibrating their expectations to adapt to a new normal in which inventory...

D.C. Metro Area Real Estate Market Update

Market Update | D.C Metro Area, Week ending Sept. 3, 2023

Real Estate Market Update 🏡📊: Here's the latest scoop for the week ending September 3, 2023! 📆 🏠 Listings Holding Steady: Despite a limited supply in the D.C Metro Area, new listings are down just 15.2% from last year, with 1,096 listings this week. Unlike the usual August dip, listings have remained more stable. Even Labor Day weekend didn't slow things down, as new listings increased by...

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Under Contract | Fairfax, VA

We are thrilled to announce that we just UNDER CONTRACT with this OUTSTANDING COMMERCIAL / RETAIL BUILDING featured over 100,000 sf in the heart of FAIRFAX, VA!! I am so honored to be able to help our buyer(s) to go through the deal sourcing, area analytical research, and much more!! We beat up other 6 OFFERS ON THE TABLE after rounds of tough negotiations and interviews with the seller, and WE...

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Surge to 22-Year High in Mortgage Rates: Glimpse of Hope Amid Real Estate Challenges

Homebuyers who were taken aback by last week's mortgage rates hitting a 20-year high should prepare for more significant changes: This week saw rates climbing even higher, reaching a 22-year peak. According to Freddie Mac, for the week ending August 24, the average rate for a 30-year fixed-rate home loan stood at 7.23%. This unsettling increase follows last week's 7.09% rate. In addition to...

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