Weekly Real Estate Market: June 18, 2023

Here are the highlights for the week ending June 18, 2023: - List prices see a summer increase. List prices increased slightly over the previous week. While the median list price is up only +0.2% over last week, the consistent strain on inventory continues to drive prices up for buyers. - Competition continues heating up. Competition among buyers is still intense as the median time to contract is...

Celebrating Diversity, Equity & Inclusion: A Spotlight on Terring H. Wang in Maryland Realtor Magazine

I've had the incredible privilege of being featured in Maryland Realtor Magazine Vol LVII Jun/Jul 2023 where we talked about Diversity, Equity & Inclusion (DEI) and also lead the MARYLAND committee as the Chair for our esteemed CCIM MID-ATLANTIC chapter. If you're immersed in the commercial business realm, brace yourself for a wave of excitement as we have an array of captivating commercial education...

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...

Beach Home Bliss or Buyer’s Remorse? Navigating the Pitfalls of Owning a Coastal Property

The allure of sandy shores, crashing waves, and endless sunshine is hard to resist when considering a beach home. The idea of waking up to the gentle sound of the ocean is the dream of many sun-seekers, and even those who prefer the shade can appreciate the charm of a beach property. However, it's crucial to be aware of the pitfalls that come with owning a beach home, as they can differ significantly...

Weekly Real Estate Market: June 4, 2023

Here are the highlights for the week ending June 4, 2023: Dip in new contracts. As expected, there was a decline in new contract activity in the Mid-Atlantic for the week ending June 4, 2023. After the lower showing traffic last week, fewer offers and acceptances followed. In good news, that means a rebound is anticipated next week. But contracts continue to lag their 2022 peers as interest rates now...

Beyond The Sale

At Terring Wang Group, we're not just about selling properties, we're about making a difference in your life by providing comprehensive services that go beyond the sale. From renovations to relocation, we're here to help you every step of the way. #GoingAboveAndBeyond #ProfessionalServices #RealEstateExpertise If you are looking to buy or sell your property you can call (240) 812-9488 or...

Under Contract

Congratulations to our client on finding the perfect match! We recently had the pleasure of working with a referral client from a fellow KW agent in CA. From West Coast to East Coast, we're all about virtual showings and teaming up to make contracting a breeze. Our main focus is helping our clients secure the property they absolutely love. Terring H. Wang - Keller Williams Capital Properties...

Weekly Real Estate Market: May 28, 2023

The week ending May 28, 2023, saw a drop in new listings and showing traffic due to the Memorial Day weekend. The Mid-Atlantic region experienced a decline of 14.8% in new listings compared to the previous week and a 26.0% decrease compared to the same week in 2022. This year's new listings have consistently lagged behind 2022, leading to low inventory levels. Buyer showing traffic also...

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...

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