The Best Buying Advice of 2022: Our Tips for Homebuyers To Use in the New Year

  Buyers got on a roller coaster in January 2022 and stayed strapped in for the real estate market loops throughout the year. Mortgage rates were low, then soared to a 20-year high of 7.08% before dipping again. Median national list prices rose to a historic $450,000, and then they, too, began to fall. Homes in July were snatched up in 34 days—and come November, they lingered on the market for 56...

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...

6 First-Time Homebuyer Hopes and Dreams That Are Completely Delusional Today

Every house hunt starts with a dream, one that can easily escalate into pure fantasy. Homebuyers, particularly first-timers, often harbor visions of purchasing the perfect house, in a great neighborhood, for a bargain price. All that might have been achievable—with some luck—in the past. But in today’s hot seller’s market, once buyers move beyond mooning over listings to making an actual offer,...

The Best Buying Advice of 2022: Our Top Tips for Homebuyers To Use in the New Year

Buyers got on a roller coaster in January 2022 and stayed strapped in for the real estate market loops throughout the year. Mortgage rates were low, then soared to a 20-year high of 7.08% before dipping again. Median national list prices rose to a historic $450,000, and then they, too, began to fall. Homes in July were snatched up in 34 days—and come November, they lingered on the market for 56...

Terring Wang Group Great Pie Giveaway

It’s time once again for our annual great pie giveaway!I’d like to express my appreciation to you and thank you for your goodwill, your business, and your referrals by providing you with a pie for your holiday dinner.Participation is simple, make your selection of either Apple or Pumpkin pie by clicking on the "Reserve a spot" button and make your selection. Please select either Pumpkin or Apple (one...

Is a Mortgage Pre-Approval Letter Necessary To Make An Offer on a House?

Do you need a mortgage pre-approval letter to make an offer on a house? You know you need to get your financial ducks in a row before looking at homes, but does that include securing a pre-approval letter from the bank?The truth is, in today’s super competitive housing market, getting pre-approved can actually improve your chances of falling into the sellers’ good graces, and you’ll want to get it...

4 Surprising Reasons Homebuyers’ Real Estate Deals Fall Through Today: Could Yours Be Next?

Owning a home is the American dream, but at the moment it’s more like home buying cancel culture.According to a 2022 survey by home warranty site Cinch Home Services of 1,000 Americans who have tried to buy or sell a home in the past year, more than half of buyers (51%) say they had a home purchase contract fall through in that time period.Why is this happening—and what can you do to make sure that...

Mortgage rates surpass 6 percent for the first time since 2008!

Mortgage rates shot above 6 percent this week for the first time in 14 years as inflation has remained resistant to the Federal Reserve’s efforts to tamp it down. The dramatically swift escalation has chilled what had been a hot U.S. housing market, increasing pressure on an economy plagued by unremitting inflation. The 30-year fixed-rate mortgage — the most popular home loan product — soared to...

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