• Should you rent out your home instead of selling in a stalling market?,Charles C. Heyward, Jr.

    Should you rent out your home instead of selling in a stalling market?

    Bright MLS just described this fall as "a stalling housing market." Buyers are pulling back, and homes are taking longer to sell. If you're thinking about selling, that leaves most owners with two choices: cut the price, or wait. There's a third one people don't talk about enough. You can rent the h

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  • Is the DC/MD/VA housing market slowing down? What sellers need to know this fall,Charles C. Heyward, Jr.

    Is the DC/MD/VA housing market slowing down? What sellers need to know this fall

    For the last few weeks, I've been saying this market is shifting. The September numbers just came out, and they confirm it. If you're thinking about selling your home, or you're already on the market, here's what's happening and what to do about it. Is the DC housing market slowing down? Yes. In Sep

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  • Should you pay to extend your mortgage rate lock? What to do when your closing gets delayed.,Charles C. Heyward, Jr.

    Should you pay to extend your mortgage rate lock? What to do when your closing gets delayed.

    Rates jumped this week. On October 1, Freddie Mac's average 30-year fixed rate hit 7.28%, up from 7.03% the week before. That's the biggest one-week jump since October 2022. If you're under contract right now, that jump matters most if your closing gets pushed back. When does your rate get locked? M

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