Home is where the Real E$tate is by Fergus

Introduction I like to check in periodically with what I’m actually seeing in the DMV housing market — not just headlines, but what’s unfolding in real time for buyers and sellers. Lately, there have been some subtle but meaningful shifts. Inventory is gradually improving compared with the tight conditions of recent years, mortgage rates have eased somewhat from their peak levels, and buyers are beginning to encounter a bit more flexibility when it comes to negotiation. It’s not a dramatic reset, but it does suggest a more balanced market — a trend reflected not only in day-to-day activity here locally, but also in recent housing data and forecasts from sources such as Bright MLS, Freddie Mac, and Realtor.com, and current mortgage rate insights from Google's AI feed. What’s Changing in 2026: More Choices, More Power Active listings in the DMV have increased approximately 20% year-over-year, comparing early 2026 to the same period in 2025. This rise marks a notable and sustained imp...

  Note: This overview reflects a synthesis of national housing forecasts, regional MLS reporting (including Bright MLS), public economic data, and widely cited home design and staging trend reports. It’s intended as a practical snapshot—not a prediction. As we move into 2026, the real estate market across Washington, DC, Maryland, and Northern Virginia feels more grounded than it has in years. The urgency of the early 2020s has faded, but demand remains steady—especially in walkable, well-located neighborhoods. Buyers are cautious but engaged, sellers are more strategic, and homes that succeed are those that feel current, well-priced, and thoughtfully presented. Below is a clear, DMV-focused look at what’s shaping the market in 2026. The 2026 Market Snapshot As of January 2026, average mortgage rates for a 30-year fixed loan hover around 6.1%, with 15-year fixed rates near 5.5%, varying based on daily market conditions, credit profiles, and loan types. While these rates are above t...

Welcome back. As the holiday season winds down and a new year approaches, this is an ideal moment to reflect on what the 2025 housing market revealed—and how buyers can use those lessons to prepare for 2026. The 2025 housing market offered an important reminder: conditions don’t have to be  perfect  for buyers to find real opportunities. Here in Washington, DC and across the DMV, buyers experienced more choice than in prior years, less frantic competition, and brief but meaningful windows where affordability improved. While mortgage rates dominated headlines, 2025 quietly reinforced an important truth:  strategy, preparation, and local market knowledge often matter just as much as the rate itself . As we look toward 2026, these lessons can help buyers make smarter, more confident decisions. 1. Equity Still Grew — Even in a Slower Market Even with more modest price growth, homeowners continued to build equity throughout 2025. National median sale price data from October 20...

Hello and welcome back to my blog. The holiday season is galloping along and whether you’re new to the area or a longtime resident, it's not too late to indulge your inner child -- here’s your go-to guide for the best holiday happenings around the DMV in 2025. 1. Glide Into the Season: Ice Skating Spots Nothing says winter like gliding on ice under twinkling lights. This year, be sure to check out: The National Gallery of Art Sculpture Garden Ice Rink  (7th St & Constitution Ave NW) A perennial favorite, with festive music and views of the National Mall. Open through early March. Canal Park Ice Rink  (100 M St SE) Located in the Navy Yard, this rink offers a lively vibe and is perfect for families and beginners alike. Washington Harbour Ice Rink (Georgetown)  (3050 K St NW) Skate with a view of the Potomac River and enjoy nearby holiday dining. The Wharf Ice Rink  (750 Water St SW) New and popular, The Wharf’s ice rink offers waterfront skating with a festive atm...

Welcome back! I hope you had a lovely Thanksgiving surrounded by friends, family, and plenty of good food. Meanwhile, as the holiday lights go up and the winter chill settles in across the DMV, it’s easy to let home to-dos slide — but taking a few smart steps now can save you money, protect your investment, and set you up for a strong new year. 1. Review Your Mortgage Interest & County Property Tax Deductions.  If you own in DC, Maryland, or Virginia, this time of year is critical for confirming your deductions: Mortgage interest  — Confirm all payments posted by December 31. Some homeowners even make an extra payment to push more interest into this tax year (always check with your tax professional). County property taxes  — Each county has different tax schedules. In many places (especially MD and VA suburbs) property tax installments are due in late fall or early winter. Confirm your payment was recorded to ensure the deduction applies this year. 2. Take Advantage o...

Hello and welcome back after a month-long hiatus — partially due to an extended stay in Southern Spain/Costa Del Sol (Pro tip: visit in October for perfect weather and fewer people.) With winter around the corner and major economic/political headlines dominating the news, this is a good moment to break down what’s happening nationally and right here in the DMV. Mortgage rates are near a two-year low, giving both buyers and refinancers reasons to re-engage. Meanwhile, the federal government shutdown is over through  January 30th, 2026 . Here’s what you need to know if you’re buying, selling, or investing in the DC metro area. * Mortgage Rate Snapshot (Nationally) 30-year fixed:  6.16% 15-year fixed:  5.61% 20-year conventional:  6.12% Refinance (30-year):  6.93% Rates are expected to remain close to  6.2%  through year-end, with a potential Fed rate cut in December that may benefit buyers early next year. Individual circumstances still matter — I just s...