Have you heard of the Woodmoor neighborhood in Silver Spring? If not, have you heard of Four Corners? Four Corners is the intersection of Colesville Rd and University Blvd. The shopping plaza at that intersection is, in fact, called the Woodmoor Shopping Plaza and is our local spot for Starbucks, CVS, and Chipotle. One of… Continue reading Woodmoor, Silver Spring
Welcome back to my monthly blog “How’s the Market?” This is our Nov 2022 blog post which uses Oct 2022 data. First let’s start with a look at where we are compared to where we were in 2019, 2020, and 2021. Inventory One of the top items that we are all watching — Inventory. DC… Continue reading How’s the Market? Nov 2022
Let’s go back in time. In 2008, people were worried about losing their home in a foreclosure. A lot of homes hit the market, but there were not enough people to purchase them, and prices fell. 2008 is different. The housing bubble was a big factor in the actual recession itself. That is not the… Continue reading This time is different?
Hi, I’m Hannah Clancy-Thompson. I live in Silver Spring and I would love to tell you more about why I chose this unique community to call home. Silver Spring is part of Montgomery County and is located right outside the DC line. I chose to live in Silver Spring because I wanted to be close… Continue reading Downtown Silver Spring Neighborhood Tour
How’s the Market? Welcome back to my monthly series “How’s the market?” where we talk about the current state of the market in the DC metro area. These are the September 2022 stats. Let’s check in on interest rates In June we were seeing rates around 6%. Since then the Federal fund rate has gone… Continue reading How’s the market? Oct 2022
Welcome back to this September edition of my “How’s the Market?” series. This data is the Aug 2022 data. The Fall season is officially here! What are we seeing? There is a big cooling from this time last year, but that was a rare market. We are still doing better than Aug 2019. Inventory There… Continue reading Hello Fall Market!
Welcome back for your July Market Update (Data from June 2022). Market Trends Home sales are slowing. The number of pending contracts is down 21% compared to last year. This is the largest decline since the spring of 2020 (original covid slowdown). Inventory is increasing in some submarkets, but still decreasing in other markets. This… Continue reading How’s the Market? Is inventory rising? Are prices decreasing?
Mid-way through 2022 – How’s the Market? June 2022 An quick overview In the last year in Washington DC, inventory has increased by 7%, the median list price is up 9%, the median sold price is down 6%, and the sold volume is down 9%. In Montgomery County, inventory is down 9%, median list price… Continue reading Midway through 2022 – How’s the Market, June 2022
These are my preferred service providers who I have worked with on a variety of levels. Many of them have worked on my personal homes. And I have recommended them to various friends and clients over the years. I hope they are helpful to you. Architects and Design Sarah SnoufferThird Street Architecture202firstname.lastname@example.orgMD, DCFull service architectural… Continue reading Preferred Service Providers
Interior Design Trends for 2022 Color of the Year Pantone Color of the Year 2022, Veri PeriBenjamin Moore Color of the Year 2022, October MistSherwin Williams Color of the Year 2002, Evergreen Fog Biophilic Design Nature and a connection to nature is in. Bring more plants into your interior spaces and use natural materials. Natural… Continue reading Interior Design Trends 2022