Prices projected to stabilize then slowly appreciate as federal and professional services hiring normalizes.
Sales likely to recover in both urban and suburban rings as demand from professionals strengthens.
Condo markets may lag single-family segments until office-usage and commuting patterns firm up.
Overall: gradual, policy-and-employment-linked recovery with varied performance by submarket.
Inflation just ticked up to 2.7% — so yeah, mortgage rates might follow suit.
Hopes for a Fed rate cut this month? Pretty much gone after June's CPI data.
Tariffs are back on the table Aug 1 — and could quietly push rates even higher.
New tax law = mixed bag: bigger deductions help homeowners, but may raise long-term rates.
Bottom line: no crash, no miracle — just bumpy moves until inflation and Fed find clarity.
Home equity is the difference between a home's market value and the outstanding mortgage balance. It increases through mortgage payments or rising property values. To build home equity, consider increasing your down payment, making larger or additional mortgage payments, refinancing for shorter terms, finding unique income sources, investing in home improvements, and allowing time for property value appreciation. Protecting your home with insurance is also essential for financial security.
Homebuying can be complex, but preparation can ease the process. Start by checking your credit score and organizing necessary documents. Create a realistic budget that includes down payments, closing costs, and ongoing expenses. If your budget is tight, explore state and federal mortgage assistance programs, including options for veterans and those with lower credit scores. Ensure a strong relationship with your buyer’s agent, who should prioritize your needs. Take your time in the process, and consult a loan officer for guidance on costs.
Impact-resistant shingles and metal roofs extend roof life while safeguarding against costly storm damage.
Solar-compatible roofs allow easier renewable energy adoption, even for homeowners not installing panels yet.
Cool roofing systems lower household cooling bills while improving long-term energy efficiency.
Sustainable roofing choices reduce environmental impact and support eco-conscious Real Estate investments.
Integrated roofing technology improves safety, reduces maintenance surprises, and enhances property value.
Closing costs usually amount to 3% to 6% of the mortgage.
For example, a $450K mortgage could mean ~$13K to $27K in closing fees.
In Washington DC, homebuyers pay an avg of $2,589 in closing costs.
The avg transfer taxes in Washington DC are $23,386, which greatly increase the total cost.
Washington DC’s closing expenses include both lender fees and extremely high transfer taxes.
Home sales are expected to rebound if mortgage rates drop below 6.5%, unlocking delayed buyer demand.
Home prices are forecasted to rise moderately by ↑ 4.4% by end-2025 due to persistent supply shortages
After closing on your mortgage, follow this checklist to prepare for moving into your new home. Change your address with the Post Office and update utilities. Review your inspection report for necessary repairs and create a maintenance schedule. Deep clean your new home, including less obvious areas. Change locks and reset security codes for safety. Review any home warranty received and consider purchasing one if not. Prepare emergency supplies and consider a fireproof safe for important documents. Lastly, file for a Homestead Exemption to save on property taxes.
Start with patience, flexibility, and assembling a trustworthy Real Estate team from day one.
Work with a reliable realtor to avoid rushed or financially risky buying decisions.
Compare lenders to find strong pre-approval options, like a pre-underwritten mortgage.
Think creatively—adjust timelines, locations, or expectations to stay competitive in today’s market.
Every buyer’s path is different, but persistence and planning make your first home possible.
Rental rates barely moved—up just $0.03 this quarter, staying mostly steady overall.
Vacancy holds steady at 20.3% thanks to less construction and office conversions.
No new office buildings delivered in a year; inventory shrinks through conversions.
Negative net absorption continues for 14 quarters, driven by many small office downsizes.
Class A rents rose to $59.95/SF, while Class B rents dropped slightly this quarter.