Informative content on Washington DC real estate is remarkably difficult to find. If you're looking for something other than cookie-cutter, cliché explainers and 'top 5 reasons for...' pages, or gimmicky YouTube videos, you'll be hard pressed to find it. Why? Because search engines and AI portals
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12/29/2024
Next week, the Fed will hold its final FOMC meeting to decide on policy for America's benchmark interest rate. The CME FedWatch tool puts the likelihood of a rate cut at 96.7% and most contributors are betting on a quarter-point reduction. But experts agree that future Fed policy is uncertain, as
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12/12/2024
2025 Existing Home Sales Expected to Stay Near Historic Lows Mortgage enterprise Fannie Mae has revised its 2025-2026 forecasts for mortgage interest rates and housing sales. Housing Sales Projections Fannie Mae lowered its expectations for existing home sales to 4% for 2025, from its prior for
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11/24/2024
The BackstoryOn paper, it seemed an impossible deal to get done. But my seller, who had purchased just 3 years prior, at the top of the market for that home type and location, had just returned from an overseas assignment, and was moving to the west coast. He needed to sell to buy again. So, I ha
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11/22/2024
The incoming Trump administration is gearing up to make additional reductions to financial regulations during his second term, putting the CFPB, SEC, FDIC and Federal Reserve on notice that change is coming. Or at least the attempt at change.Trump's stated mission to drastically reduce the power
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11/21/2024
In Washington DC, the real estate market has been considered a market of steel due to its government workforce and cachet as the nation's seat of power, but a second Trump administration may prove to be its Kryptonite.A second Trump presidency is an unwelcome disruption in the District, a city so
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11/11/2024
Fall Brings ConfusionDC Metro home buyers may be expecting interest rate reductions and new broker compensation mandates, but those aren't the only changes they'll encounter this fall.New rules for touring homes are also in effect, visiting open houses may feel different, and the options for mini
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08/25/2024
As the adjustment period to the new buyer broker compensation system begins, consumers and those in the real estate industry wonder how it will impact buyer agency.We predict that the role of buyer agents will gain importance as home buyers experience more complexity in determining value and nego
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07/29/2024
BUYER AGENCY | WASHINGTON DCHere's the 'plain and simple' of buyer agency in DC real estate under the new system resulting from the NAR class action lawsuit settlement. It's clunky, but not game-changing. The market is still the market, influenced by inventory, mortgage interest rates, general ec
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07/29/2024
Don't believe the wild claims about "the end of 6% commission" in real estate.Unreliable Internet sources misled the public when they claimed that the cost of representation for real estate transactions was mandated to drop due to the NAR class-action lawsuit settlement. In fact, the settlement d
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07/29/2024