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All I want for Christmas is a better rate (and more inventory...) |
| Hope you are enjoying your holidays so far! With all the doom and gloom reporting going on out there, it may seem crazy to say this, but this season really is a great time to be a Buyer. As we move into warmer months in 2024, inventory typically increases (thank goodness), and rates are down and predicted to continue in that direction (double thank goodness) creating an atmosphere ripe for activity - and when that happens, we see competition and price increases. A $1 million home in these parts can easily get bid up to $1.1 or $1.2 million with no protective contingencies if pent-up Buyers are trying to beat out other offers. The creative lending programs, rate buy-downs, and Seller subsidies now being dangled like carrots to get Buyers to act will go away once they are not needed. Bottom line: you will pay more in the future for a home than you will now. If you are holiday dreaming of a move (perhaps your current house displays some of the passé elements listed in the "25 Dated Design Trends" below? Carpeted bathrooms anyone?) let's discuss and make a plan. Our Team is ready when you are! ~ jeanne, phil, meg, alex, annie, and christine |
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| Gingerbread Party - That's a Wrap! |
| Another wildly successful JPM Gingerbread House Decorating Party is in the books! With the generous help of Missy, Yvette, and Jean from The M and K Team at Town & Country Movers and our good friends at Red Bear Brewing Co, we hosted what many of our clients and friends refer to as "THE Party of the Season!" Great beer, cocktails, and bites, a photographer catching the joy, and a festive crew of excited gingerbread house decorators made the gathering pretty much perfect! Thanks to all who joined in the fun. We are truly so lucky to have all of you wonderful clients and friends in our lives. GRATEFUL! |
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You and JPM Donated $4200 to EHDC! |
| We are so grateful to all of our clients for being so generous! Our JPM Thanksgiving initiative brought in $4200, which helped support 84 families this Thanksgiving! If you missed the Thanksgiving drive you can still donate in the spirit of the season and help more families. |
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| It's Taking Americans Much Longer in Life to Buy Their First Home... |
| The typical age to buy a first home has jumped to 36 years old, the oldest ever on record. The rising age is a sign that high housing costs and mortgage rates are pushing homeownership out of reach for younger Americans. |
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| | The World’s Largest Christmas Light Spectacular is back at Nationals Park! Enchant is an immersive experience weaving magic into its every corner, perfect for joyful seasonal celebrations. |
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| 12 Holiday Markets to Visit in the DMV |
| It’s never too early to start your holiday shopping! Here are several pop-up markets arriving in the DC area just in time for you to find great gifts. |
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| Lifestyle Tips and Tricks |
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| Best Places to Retire in 2024 |
| The Best Places to Retire ranking can help you decide where to spend your golden years. Where will you end up? |
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25 Dated Design Trends and Solutions |
| As design trends come and go, there are some that we wish would never come back around. Check out these dated design trends and their solutions. |
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| Best Practices for Using Storage to Organize a Home |
| New homes are shrinking in size and storage space, and older homes have their share of storage woes as well, which makes it difficult for homeowners to keep their homes tidy and organized. |
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| To Our Buyer Clients: Ask us about our great upcoming listings - we might know of inventory that Sellers choose to market privately that matches your needs! |
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| | | 2 BD 2 BA 885 SF $599,000 |
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| | | Capitol Hill-under contract |
| | 3 BD 1.5 BA w/parking $915,000 |
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| | | 3 BD 2.5 BA w/parking $954,000 |
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| Check out these fun public collections we put together for you. Call us to discuss how we can help you find the home of your dreams! |
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| | The Jeanne Phil Meg Team at Compass jeannephilmeg@compass.com |
| jeanne harrison: (202) 841-7717 phil guire: (202) 255-8401 meg shapiro: (202) 329-4068 alex schindlbeck: (202) 699-0141 annie richardson: (202) 740-5084 christine o'reilly, team manager |
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| Follow and like us on social! |
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Office: 212-913-9058 Compass Real Estate is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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