Are Higher Mortgage Rates Here To Stay?

Are Higher Mortgage Rates Here To Stay?

Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like...
Why Is Housing Inventory So Low 2023

Why Is Housing Inventory So Low 2023

In 2023, the residential real estate market in the Mid-Atlantic has found itself in a bit of a crisis. The crisis is a massive lack of inventory which affects both buyers and sellers alike. The shortage in homes for sale has reached a point very rarely seen in...