Welcome to our Neighborhood Watch! We’ve compiled live statistics for areas and neighborhoods all over DC, Maryland and Northern Virginia. Whether you’re a homeowner taking a stake in a neighborhood or a buyer looking beyond the house to the area around it, you’ll find this data very useful!
The DC Marketplace
The DC real estate market is among the strongest and most recession-proof in the country. The real estate market in the city is complicated and competitive, with housing prices and values varying from street to street and neighborhood to neighborhood. Sellers can enjoy high returns and an exciting and active bidding process when you list your home for sale.DC’s housing prices can seem daunting to renters wanting to make their first home or condo purchase. First time home buyers should check out DC Open Doors and the Home Purchase Assistance Program (HPAP) for how buy for the lowest cash out of pocket on their home purchase.
Suburban Maryland covers a huge market zone. We’ve highlighted Prince George’s County as a hot zone for the last several years due to lower relative home prices combined with fast appreciation. The County took a major hit to housing values during the recession; recovery in values has been underway for years but there are still great opportunities here. The County is a favorite with our first time home buyer realtors.
Baltimore City represents great potential appreciation combined with a great buy for value now. The City falls under the guidance of the Maryland Mortgage Program (MMP) for those wanting down payment assistance in Baltimore. You can borrow up to $8,500 or more for your down payment under an additional loan with easy re-payment terms. Our agents are regularly taking curious buyers and developers up to the city to check things out! [emaillink title="Email us"] to find out about our next tour!
The Northern Virginia real estate market has opened up its own $0 Down Grants Program through the Virginia Housing Development Authority. This is free money that single and multiple person households can use to eliminate their down payment for homes priced up to $500,000. Homeowners take note – if your home falls under the limits there may be a ton of buyers looking for YOUR home!
Choose a market zone to start, or use our quick search to find any neighborhood’s info in the area!