Stability over volatility As the new year begins, the residential real estate market in Northwest Washington, D.C. is settling into a more balanced and measured phase. After several years shaped by sharp rate increases and limited inventory, conditions are gradually improving. Buyers and sellers alike are approaching decisions with greater clarity, and the market is … Continue reading Market Outlook for the New Year: Northwest Washington, D.C.
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Mortgage Interest Rates Update: What Buyers’ & Sellers’ Should Know About the Spring Market
"Low inventory issues are keeping prices from dropping off. How much further home prices dip in 2023 will likely depend on where mortgage rates go. Experts point out that today’s homeowners have a more secure footing than those coming out of the 2008 financial crisis. A higher number of borrowers have positive equity in their homes." … Continue reading Mortgage Interest Rates Update: What Buyers’ & Sellers’ Should Know About the Spring Market
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