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...

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...

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...

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...

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...

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...

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...

Let us turn your dream home into a reality. With our expert partners, we offer stress-free solutions for buying, building, or renovating your...

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...

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