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Now’s the Time To Upgrade to Your Dream Home

If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home (see graph below): ...

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Million Dollar Listing Commissions

Ok, have you ever watched Million Dollar Listing LA or New York? I do. They are fun shows that glamorize what I do. More entertainment than reality. Now on those shows, the producers will often have a huge pop up of a dollar amount as...

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Secrets To Selling Your House Quickly

Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today. According to data from the National Association of Realtors (NAR), the average time a house spe...

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What Does $4M Buy You in DC?

What does four million dollars buy you in DC? We ran the numbers for Washington DC and Arlington County for sales of exactly $4M and there were eight sales this past year. Four of those sales were houses, two were townhouses and two w...

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Buying Beats Renting in 22 Major U.S. Cities

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices ...

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Don’t Fall for These Real Estate Agent Myths

When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes. As you figure out who you�...

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DMV Real Estate Market Update

DMV Weekly Market Update: September 30, 2024

Hi Folks! We are seeing two interesting metrics this week. New listings retracted 23% since last week’s rush, while months of supply grew 8%. We are seeing a steady increase of homes for sale and buyer activity, meanwhile...

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With Matt Cheney
matt(dotted)cheney(at)compass(dotted)com 202.465.0707 DC BR600869
MD 582148
VA 0225101950