News and Resources Posts

Housing inventory is low and buyer demand is high, what are buyer agents doing in this market to help home buyers? Members of the National Association of Exclusive Buyer Agents share their experiences and strategies.

December 2022 saw the lowest number of new pending sales since 2014.‍At the same time, the median price fell year over year for the first time since 2016 which is 15% lower from the peak of the market, according to data compiled by Bright MLS on the Washington D.C. Metro region.

According to Bright MLS economist Dr. Lisa Sturtevant, first home sales have fallen to a level not seen in years. 17,000 home sales 35.7% lower than last year and the lowest since 2015. ‍

In a college class I took years ago, a teacher played a film of a protest at a U.S. embassy in a foreign country. The camera person was surrounded by protestors. They were shouting and shaking their fists at the camera.

What does a rise in the Fannie Mae & Freddie Mac conforming loan limit mean for home buyers? Ramez Fahmy is a mortgage lender and the branch manager for Caliber Home Loans in Rockville Maryland. Ramez explains what the new conforming loan limit means for buyers and what other options are available for buyers at this time.

Snapshot of market activity in the Greater Washington D.C. area for the week ending October 9, 2022‍In the District of Columbia-‍New homes for sale are down 24.8% compared to a year ago