DC Metro had a median list price of $419,990 for the week ending October 13. The fall season usually sees consecutive declines as the market cools for the year, but there was a 2.1% increase from last week, bumping list prices 6.6% higher than the same week in 2023. Many buyers have returned to the market, keeping prices elevated for longer. There were 5,835 new purchase contracts in the...
Terring Wang
This year, The Washington Post’s annual fall dining guide highlights four exceptional restaurants in Montgomery County, ranging from a modern Greek establishment in North Bethesda to a Latin eatery in Silver Spring noted for its artistic menu. Lime & Cilantro Salvadoran chef Danny Chavez’s menu at this Silver Spring Latin restaurant has been praised by Sietsema as an “art show,”...
For the week ending October 6, the median list price in the Bright MLS service area was $410,450, marking a 1.1% decline and continuing a trend of decreases for the fourth consecutive week. This drop is typical as we transition further into fall. However, despite this seasonal trend, the current median list price remains 2.9% higher than it was during the same...
A presidential debate means one thing in the D.C. area: watch parties!If you’re here, you likely know that Vice President Kamala Harris and former President Donald Trump will face off for the first time in a debate hosted by ABC News on Tuesday. NBC News will broadcast the full debate live and offer primetime coverage starting at 8 p.m.If you want to watch with some fellow election...
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...
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...
As a homeowner, it’s essential to make sure your home’s exterior is in good shape when it comes time to sell. First impressions are everything, and potential buyers can quickly be turned off by a home that doesn’t look well-maintained. That’s why focusing on the right exterior renovations and repairs can help you save money and protect your sale. Upgrade Your Front Door A worn or outdated...
Story at a glance The Sunshine State’s population grew by nearly 2 percent. Texas, North Carolina, South Carolina, and Tennessee also saw population boosts. California saw the largest number of residents move out of state in 2022, yet it remains the most populous state in the country. More people moved to Florida than any other state in the country in 2022, according to a new report from...
Pamela Grunstein still thinks about the couple who presumed the high-priced, haywire housing market of 2022 was bound to settle down, so they put their house hunt on hold to wait it out. Grunstein, a real estate agent with the Francie Malina Team in New York’s Westchester County, met the couple when their local market was rife with bidding wars and offers often six figures over the asking price....
monkeybusinessimages | Getty After home financing costs nearly doubled in 2022, some relief is in sight for potential homebuyers in 2023. The interest rate for a 30-year fixed-rate mortgage in the U.S. is expected to drop to 5.25% by the end of this year, according to a forecast by the financial services website Bankrate. That’s 1.49 percentage points lower than the current rate, and nearly...
