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 my monthly series – “How’s the Market?” This is the August 2022 edition which covers July 2022 data. OVERALL MARKET PREDICTIONS: Where are we going for the rest of 2022 into 2023 Overall, expect the housing market activity to continue to slow through the second half of 2022 and into early 2023… Continue reading How’s the Market? Is it a buyer’s market now?
Maryland folks, this post is for you. And I hope you appreciated the alliteration in my title. Prices and Inventory The average sales price is up again. It is $484,283, up 11.4% ($434,847 in 2021). The median sales price is also up, $405,000, up 9.5% ($370,000 in 2021). In addition to these higher prices, inventory… Continue reading Might I Mention the Maryland Market? May 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 Architecture202email@example.comMD, DCFull service architectural… Continue reading Preferred Service Providers
Looking back at April 2022 data and results. Here are some quick snap shots: DemandThe Bright MLS T3 Home Demand Index rose to 126 (Moderate demand) since last month. Demand rose for all types of homes, except lower-priced single-family, with the greatest increase in buyer interest in higher-price single-family homes. Inventory conditions changed little over… Continue reading How’s the market?
It’s mid-April and we are finally seeing some nice warm weather (emphasis on some). But how about a market shift? Let’s start by talking about March 2022. The Bright T3 Home Demand Index is 119 or moderate. The median sales price is at the record high from last year (under the high by ~1%). Days… Continue reading How’s the Market? Are we slowing down?
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
Get to know my pal Otto Leopold the Doberman. He is my best friend and the reason I got into the Doberman rescue field in the first place!