If You Think You Don’t Need Flood Insurance, Think Again!

In the age of climate change running rampant, it is ludicrous to forgo protecting your property with flood insurance. Yeah, sure it's a nuisance when you are first purchasing a home; however, when a crisis strikes and a flood occurs, you won't have to stay up at night wondering how you are going to afford … Continue reading If You Think You Don’t Need Flood Insurance, Think Again!

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

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

Washington, DC Market: 2010 Review and 2011 Outlook

  Low Inventory, Stable Prices, and Feeling the Worst Is Behind Us Market Summary The Washington, DC real estate market had an exceptional first half of 2010 with combined sales of single-family homes, condominiums, and cooperatives up 36% at the end of the second quarter.  That pace did not continue and the increase dwindled to … Continue reading Washington, DC Market: 2010 Review and 2011 Outlook