I'm doing things a little differently this month because I've never seen market stats like these before. I decided to color code them red for stats that went down, green for stats that went up and black for stats that didn't change from last year and … [Read more...]
Are we Heading for Another Housing Crisis?
Many people I've talked with recently are concerned that we are heading for another housing crisis like 2008. I don't believe this to be the case and here are my reasons why: The 2008 housing crisis was caused by loose, even reckless, lending … [Read more...]
Summer 2022 Washington DC Metro Real Estate Market – What is Going On in Your Area?
The market is feeling the effects of recent interest rate increases - as I write this in September 2022, rates are currently double what they were in January 2022. Price increases have slowed down somewhat, but they certainly aren't showing any … [Read more...]
Washington DC Metro Real Estate Market Finally Slowing Down in June 2022!
If you look at the performance on Wall Street for the first half of the year, it’s the worst since 1970, driven mostly by inflation. Despite being at historically lower numbers, mortgage rates are up to 5.81%. The challenge, as you know, is that … [Read more...]
How to Never Miss a New Home
Regardless of whether you’ve been house hunting actively, or just listening to the news, you’ve likely noticed that the housing market is moving fast. Like really fast. So that means if you fall into the first category, you’re probably looking for … [Read more...]
Responding to Today
Berkshire Hathaway Home Services recently teamed up with the Wall Street Journal to deploy a survey to WSJ readers and wrote a custom study about real estate questions and concerns that were top of mind. Fielded in early April, the 10-minute … [Read more...]
