Fall in the Washington, DC area has a way of bringing everyone back to reality. Vacations wind down, children return to school, offices become busier, and suddenly the conversations that were postponed during the summer begin again. For some people, that conversation is: “Are we really going to stay in this house another year?” For
The 2025 housing market was a mixed bag. The past 12 months offered more homes available for sale and at slightly lower borrowing costs. Home prices, however, remained too steep for many middle-class Americans, causing properties to sit on the market longer and resulting in lower-than-expected sales. But 2025 wasn’t just a rollercoaster for buyers
Home sales could increase in 2026, hitting close to 5 million sales according to the Mortgage Bankers Association. We can expect to see more inventory gradually come on the market and home prices decline. Here’s a quick summary of what the MBA is predicting (but who knows whether they will be right or not!) The
The weekly housing trends ending August 16,2025, show very little movement in the market with steady prices and longer days on the market. New listings have increased ad active inventory has increased by nearly 21% year over year. What this week’s data shows Even though mortgage rates have eased in recent weeks, the housing market continues
Foreign homebuyer activity in the U.S. surged over the past year, marking the first significant rebound since 2017. While some would-be U.S. homebuyers are feeling uncertain about high interest rates and broader economic changes, foreign buyers are increasingly eager to get a slice of the country’s housing market. Foreign homebuyers bought more than 78,000 homes
According to the Realtor.com® January 2025 housing data, more homes are being newly listed on the market despite higher mortgage rates seen in recent months. Time and natural turnover could be leading some sellers to make a move this year despite higher rates. Meanwhile, listing prices continue to grow, although more small homes available means the nation’s median list price is lower than last year. Finally, there seems to be a Trump Bump in the DC area as people in the new administration are buying large homes.
The year end review 2024 has a few silver linings for buyers and sellers in Bethesda MD and the rest of the DC metro area. As home prices hit new highs, home builders have been incentivized to build more homes. In recognition of these higher prices, mortgage giants Fannie Mae and Freddie Mac announced that they would back single-family mortgages of up to $806,500 in most markets, and loans of up to $1.2 million in high-cost markets.
The housing forecast 2025 predicts home sale prices will grow by 3.7%, mortgage rates will stay above 6% and rents will remain virtually unchanged. Inventory with single-family home starts is expected to grow 13.8%, and existing for-sale home inventory is expected to grow 11.7%, which will help bring the first balanced market in nine years.
The market update for 12-3-2024 gives an indication of what is to be expected for mortgage rates in the week to come. Mortgage rates are expected to continue to change over the next week. The 30 year mortgage rate is back under 7% while FHA and VA rates were closer to 6%.
Changes to the real estate market may change your time line for buying your home.. There are more homes on the market and price appreciation is slowing. Is this the time to jump in and buy that home you want?