If D.C. real estate watchers expected a dramatic dip in home sales and a slowing market in March, it didn’t materialize according local sales data from MarketStats by ShowingTime. Of course, market indicators likely will lag a bit, and dramatic changes could be on the horizon for April and May in particular, but March numbers revealed a continuing trend toward robust sales … [Read more...] about D.C Area Real Estate Market Remains Strong, Despite COVID-19
Top 5 Safe Home Showing Practices Amid COVID-19 Take this critical step to prevail in a home bidding war.
As with just about every other walk of life, the current COVID-19 situation is affecting real estate as well. As far as financial impacts, that remains to be seen—and it’s something we at DCRegionRealEstateNews.com are following diligently. We’re also watching other developments and are ready to serve any way we can. For home buyers, we are ready, willing and able to show … [Read more...] about Top 5 Safe Home Showing Practices Amid COVID-19 Take this critical step to prevail in a home bidding war.
Momentum Strong for D.C. Spring Real Estate
Don’t blink, because you just might miss that dream home. At least that’s the case for much of the D.C. region’s home selling market. For sellers, we’re seeing prices on the increase, and inventory still is low as we move toward spring. For buyers, you’re looking at historically low interest rates that can make it a bit more comfortable as you analyze the market’s prices. So, … [Read more...] about Momentum Strong for D.C. Spring Real Estate
What Does the Fed Rate Drop Mean for Homebuyers?
As global markets reel from the coronavirus outbreak, the Federal Reserve slashed the federal funds rate by 1 percent March 15, bringing the rate to virtually zero. Does that mean mortgage rates will hit such lows as well? No. Mortgage interest rates are impacted more by the bond market, not the Federal Reserve. Even before Sunday’s rate cut, mortgage and refinance … [Read more...] about What Does the Fed Rate Drop Mean for Homebuyers?
D.C. Area Ranks High for Livability … and Traffic
Last year, Business Insider ranked the nation’s capital as one of the best places to live in America (Washington, D.C. ranked 19), offering a robust job market and great communities. But such desirability attracts population, and that often means more traffic. So it was no surprise D.C. also ranks fifth among the most congested U.S. cities. But according to INRIX Research in … [Read more...] about D.C. Area Ranks High for Livability … and Traffic
