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Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]

Anne Arundel County, Arlington County, Fairfax County, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Howard County, Infographics, Montgomery County, Pricing, Prince Georges County, Prince William County, Stafford County /

Some Highlights Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years. Expect unsettling housing market headlines this year, mostly due to unfair comparisons with the ‘unicorn’ years. Connect with […]

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Are Home Prices Going Up or Down? That Depends…

Anne Arundel County, Arlington County, Fairfax County, First Time Home Buyers, For Buyers, Housing Market Updates, Howard County, Montgomery County, Move-Up Buyers, Pricing, Prince Georges County, Prince William County, Stafford County /

Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M).

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This Real Estate Market Is the Strongest of Our Lifetime

Anne Arundel County, Arlington County, Fairfax County, For Buyers, For Sellers, Housing Market Updates, Howard County, Montgomery County, Prince Georges County, Prince William County, Stafford County /

When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point.  1.

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The Main Reason Mortgage Rates Are So High

Anne Arundel County, Arlington County, Fairfax County, For Buyers, Howard County, Interest Rates, Montgomery County, Prince Georges County, Prince William County, Stafford County /

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions:  Why Are Mortgage Rates So High? When Will Rates Go

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Real Estate Is Still Considered the Best Long-Term Investment

Anne Arundel County, Arlington County, Fairfax County, First Time Home Buyers, For Buyers, Housing Market Updates, Howard County, Montgomery County, Move-Up Buyers, Prince Georges County, Prince William County, Stafford County /

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment

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Oops! Home Prices Didn’t Crash After All

Anne Arundel County, Arlington County, Fairfax County, For Buyers, For Sellers, Housing Market Updates, Howard County, Montgomery County, Pricing, Prince Georges County, Prince William County, Stafford County /

During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the housing prices are accelerating on

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Reasons To Own Your Home [INFOGRAPHIC]

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

Some Highlights June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home. Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having a secure and stable financial future. Are you ready to enjoy all

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The True Value of Homeownership

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

Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides.  Of course, there are financial reasons to buy a house, but it’s important to

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Keys to Success for First-Time Homebuyers

Anne Arundel County, Arlington County, Down Payments, Fairfax County, First Time Home Buyers, For Buyers, Howard County, Montgomery County, Prince Georges County, Prince William County, Stafford County /

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors that have made it more

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Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

Anne Arundel County, Arlington County, Fairfax County, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Howard County, Montgomery County, Pricing, Prince Georges County, Prince William County, Stafford County /

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared.  Comparing this year’s numbers to the two ‘unicorn’ years

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