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What’s the Impact of Presidential Elections on the Housing Market?

Anne Arundel County, Arlington County, Economy, Fairfax County, For Buyers, For Sellers, Home Prices, Howard County, Inventory, Montgomery County, Mortgage Rates, Prince Georges County, Prince William County, Stafford County /

It’s no surprise that the upcoming Presidential election might have you speculating about what’s ahead. And those unanswered thoughts can quickly spiral, causing fear and uncertainty to swirl through your mind. So, if you’ve been considering buying or selling a home this year, you’re probably curious about what the election might mean for the housing […]

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The Number One Mistake Sellers Are Making: Overpricing Their House

Anne Arundel County, Arlington County, Fairfax County, For Sellers, Home Prices, Howard County, Montgomery County, Prince Georges County, Prince William County, Selling Tips, Stafford County /

In today’s housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest. Data from Realtor.com

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Is Affordability Starting To Improve?

Affordability, Anne Arundel County, Arlington County, Economy, Fairfax County, For Buyers, Home Prices, Howard County, Montgomery County, Mortgage Rates, Prince Georges County, Prince William County, Stafford County /

Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: “Housing

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Are Home Prices Going To Come Down?

Anne Arundel County, Arlington County, Fairfax County, For Buyers, Home Prices, Howard County, Montgomery County, Prince Georges County, Prince William County, Stafford County /

Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means. Here’s what Danielle Hale, Chief Economist at Realtor.com, says:

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A Newly Built Home May Actually Be More Budget-Friendly

Anne Arundel County, Arlington County, Buying Tips, Fairfax County, For Buyers, Home Prices, Howard County, Montgomery County, Prince Georges County, Prince William County, Stafford County /

If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes can sometimes lead to more cost-effective options, especially

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Unlocking Homebuyer Opportunities in 2024

Anne Arundel County, Arlington County, Buying Tips, Fairfax County, For Buyers, Home Prices, Howard County, Inventory, Montgomery County, Prince Georges County, Prince William County, Stafford County /

There’s no arguing this past year has been difficult for homebuyers. And if you’re someone who has started the process of searching for a home, maybe you put your search on hold because the challenges in today’s market felt like too much to tackle. You’re not alone in that. A Bright MLS study found some

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How Do Presidential Elections Impact the Housing Market?

Anne Arundel County, Arlington County, Economy, Fairfax County, Home Prices, Howard County, Infographics, Montgomery County, Mortgage Rates, Prince Georges County, Prince William County, Stafford County /

Some Highlights Are you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move.​ Data shows home sales slow in November but quickly bounce back and rise the following year. Prices usually keep climbing. And mortgage rates typically

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Why Your Asking Price Matters Even More Right Now

Anne Arundel County, Arlington County, Fairfax County, For Sellers, Home Prices, Howard County, Montgomery County, Prince Georges County, Prince William County, Selling Tips, Stafford County /

If you’re thinking about selling your house, here’s something you really need to know. Even though it’s still a seller’s market today, you can’t pick just any price for your listing. While home prices are still appreciating in most areas, they’re climbing at a slower pace because higher mortgage rates are putting a squeeze on

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Real Estate Still Holds the Title of Best Long-Term Investment

Anne Arundel County, Arlington County, Buying Tips, Fairfax County, For Buyers, Home Prices, Howard County, Montgomery County, Mortgage Rates, Prince Georges County, Prince William County, Stafford County /

With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful

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Housing Market Forecast for the 2nd Half of 2024 [INFOGRAPHIC]

Anne Arundel County, Arlington County, Fairfax County, Forecasts, Home Prices, Howard County, Infographics, Montgomery County, Mortgage Rates, Prince Georges County, Prince William County, Stafford County /

Some Highlights Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say. Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady. If you have questions about what to expect for the rest of

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