Spring is here! This means sunnier days, warmer weather, and lots and lots of open houses and new homes on the market: it's real estate season! As we've been gearing up for spring and working with clients this winter, other agents and I have been noticing an interesting shift in perceptions on the market, and in the […]
Weekly Market Update
February 18, 2014 by
Montgomery County Market Key Points Inventory 1,733 homes on the market Number of Contracts 581 Average Days on Market for Sold Listings 57 Number of Single Family Homes Sold 312 Number of Condos/Townhouses Sold 266 Average Sold Price for Single Family Homes $629,836 Average Sold Price for Condos/Townhouses $291,558 BUYERS: Inventory is increasing, so if you're buying, […]
Insight into the February 2014 Real Estate Market
February 13, 2014 by
Hello Again! We're back to fill you in on the latest in MoCo real estate! I’m sure you’ve seen headlines in the newspapers about how weak the D.C. area housing market was last month. Agents have been attributing slow sales to everything from the holiday slumber to icy sidewalks and the weather. While it’s true—you know from my updates over the […]
Your Local Real Estate Forecast for 2014
January 9, 2014 by
We’ve seen a national housing recovery in the last few months with home prices rising nationwide by 11.2%. Many analysts are predicting that home prices will continue to rise in 2014 but at a slower, steadier pace. KCM's housing predictions for this year are especially optimistic, stating they "strongly believe that home sales will skyrocket with increases of 10-15% in 2014." […]
Your December 2013 Market Update
December 10, 2013 by
What an incredible (and eventful) year it's been! After a year filled with government shutdowns and economic recovery, I think we've come out strong and are ending this year on a great note! The Washington, D.C. metro/Montgomery County area has especially been a fortuitous place to be living. The winter real estate market is expectedly slower with the rush of […]
Haunting Numbers – What if Ghosts of the Past Return?
October 31, 2013 by
The following is a guest post from Nick Pakulla, a loan officer with Talmer Bancorp, Inc. at First Place Bank: With mortgage rates still near all-time lows and predictions that rates will continue edging up in 2014 and beyond, there are significant long-term interest savings for anyone in the market now! There are no tricks hidden in the […]
Is Downsizing The Next Big Trend In Homes?
February 27, 2013 by
Instead of going for larger homes, which was an overwhelming trend in years past, many people are choosing micro-dwellings.
