In recent times, the housing policy of Montgomery County has found itself at a critical juncture. The county's approach to housing regulation and development has become a subject of deliberation, prompting a closer examination of the potential paths it may take. This article aims to provide a professional analysis of the current state of affairs, shedding light on the challenges faced and the potential...
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...
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...
We just helped our client achieve their dream of owning a home. By successfully negotiating the seller’s price in this competitive market, our client was able to save $$$ and gain instant equity upon closing. #HouseHuntingGoals Terring H. Wang - Keller Williams Capital Properties TERRING WANG terring@terringwanggroup.com 240 505 9600 240 812...
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...
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...