Buying

Has the Market Shifted in Favor of Buyers?

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After a long two years, people wonder has the market shifted in favor of buyers? – at least in the DC area. All during COVID, finding a home has been challenging as bidding wars pushed offerss well over the asking price. It’s been hard for buyers but every market eventually rights itself and then swings in the other direction. Now, it appears that in certain areas, the market pendulum might slowly but surely be swinging back in a buyer’s market direction. It is not a buyer’s market yet, but the momentum has shifted.

In order to discern a shift, however small, from a seller’s to a buyer’s market in your area, let’s first take a look at what defines those buying/selling environments.

This is the Time to Buy Your New Home!

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What does the Sitzer/Burnett Verdict mean

This is the time to buy your new home! If you are thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and lots more. It’s hard to decide to jump into the market, but this is the time to buy your new home. While some buyers may wait things out, there’s a reason serious buyers are making moves right now, and that’s the growing number of homes for sale. Just remember, the best time to buy a home is when you want one or when you need one!

What the Inflation Reduction Act Means for You

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Solar panels inflation reduction act

Now that the Inflation Reduction Act has become law, you need to know what are the incentives for ordinary Americans to go green and how you can save on your tax bill over the next 12 years!

Choose a Home With Good Bones

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Georgetown TownHome

Choose a home with good bones! It’s great advice to a buyer but how do you know that a home has good bones? “Good bones” might be one of the most overused phrases in real estate. Prospective home buyers and sellers, and their real estate agents, are constantly talking about homes’ “good bones.” But what does it even mean when a home is said to have good bones? What should you be looking for as you try to find your dream home? You can figure out how many bedrooms or parking spaces you need but how do you determine whether the home you are looking for will stand the test of time. Here are some helpful hints for what to put on your search list.

Gated Communities in the DC Metro Area

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A gated communnity offers a greater sense of security, freedom from drop in visitors and salesmen, and a deeper sense of community. Gated communities are not common in the DC metro area, but there are enogh communities in various price ranges to offer you a choice.

Ways to Deal With Rising Interest Rates

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Looking for ways to deal with rising interest rates? You can raise your credit score, buy down your rate or choose an adjustable rate mortgage. Here are seven ways to deal with rising interest rates.

Financing a Co-op – Simple Explanation

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Financing a co-op introduces you to new concepts like cooperative, stock shares, board approval and underlying mortgage. If these sound like Greek, don’t despair. While buying a co-op is different that buying a condo, it does not have to be significantly different.

Cherington Condos Close to Pike and Rose!

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Cherington Condos in North Bethesda are townhomes in a community of five short tree-lined streets with lots of guest parking, just a few short blocks to Pike and Rose, the Metro and lots more. The homes are spacious – many are four levels – and have two car garages and walk out basements.

Georgetown Village Condos

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Georgetown Village Condos is located on Edson Lane and Commonwealth Drive in a park like setting. The community has 304 units in 19 buildings with four levels each and four units on each level. Built in 1985, the condos range in size from 845 square feet one bedroom one bath units to 1473 square feet three bedroom two bath units. Georgetown Village Condos is a popular location, not only for its amenities but also for its proximity to shopping and the metro. Pike and Rose is very close and Montgomery Mall and Wildwood Shopping Center are easily accessible too. The community is pet friendly and each unit has its own washer and dryer. Amenities include an outdoor pool, tennis courts, tot lot and a basketball court.