Washington, D.C. Metro Housing Market Report – September 2025

Housing Market Trends Housing market conditions uncertain in the Washington D.C. metro area. A drop in mortgage rates boosted home sales in September, though the outlook for the area housing market remains uncertain. There were 3,894 closed sales in September across the D.C. region, a 4.4% increase

What a Fed Rate Cut Could Mean for Mortgage Rates

  The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion. The Fed Doesn’t Directly Set Mortgage Rates Right now, all eyes are on the Fed. Most economists expect they’l

What Credit Score Do You Really Need To Buy a Home?

  According to Fannie Mae, 90% of buyers don’t actually know what credit score lenders are looking for, or they overestimate the minimum needed. Let that sink in. That means most homebuyers think they need better credit than they actually do – and maybe you’re one of them. And that could make you th

Newly Built Homes May Be Less Expensive Than You Think

Do you think a brand-new home means a bigger price tag? Think again. Right now, something unique is happening in the housing market. According to the Census and the National Association of Realtors (NAR), the median price of newly built homes is actually lower than the median price for existing home