Homeownership Builds Wealth & Offers Stability

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building Equity John Taylor, CEO of the National Community Reinvestment Coalition, explains that those who lack … Continue reading Homeownership Builds Wealth & Offers Stability

Is Now the Right Time to Put Your House on the Market …or Not?

Last week, the National Association of Realtors(NAR) released their Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings. The report revealed that this May’s numbers weren’t quite as good as the year before: “With last month’s decline, the index reading is still the third highest in the past year, but … Continue reading Is Now the Right Time to Put Your House on the Market …or Not?

New Studies Illustrate How Consumers Misjudge Home Values

Encouraged by strong price increases and hot sales this spring, increasing numbers of owners are listing their homes for sale. But chances are good that millions of owners are making wrong assumptions about the value of their homes, according to two new studies. Wrong valuation assumptions can lead to bad decisions about whether to sell, … Continue reading New Studies Illustrate How Consumers Misjudge Home Values

Benefits Of Listing Your Home In Winter and The Holiday Season

The common assumption is that the warmer months are the best times to sell a Washington, DC area home. It’s true that many buyers do plan their new home purchases in the spring and summer seasons but that doesn’t mean all serious buyers vanish during holidays or the winter months. Thanks to reduced competition, motivated … Continue reading Benefits Of Listing Your Home In Winter and The Holiday Season

High Market Expectations Based on “Foot Traffic” and Affordable Down Payments

Among all the market indicators we analyze, occasionally we take a look at foot traffic -‐ how many people actually are out there looking for houses. The Market is still strong, though not as strong as it was last July and August.  We don’t have as many distressed properties for people to look at, but … Continue reading High Market Expectations Based on “Foot Traffic” and Affordable Down Payments