Khadine Fisher’s Blog

As mortgage rates hit 7.31%, economists predict housing starts will spike in 2022. Low housing inventory and changing consumer behavior are causing buyers and sellers to hold out for better circumstances, while renting is emerging as a favorable choice for many. Prices are rising alongside mortgage rates, leading to a shortage of homes on sale…

Enterprise Community Development Inc. has closed on the financing of a $74 million project to develop and renovate 217 affordable housing units in Montgomery County along the proposed Purple Line transit system. This project includes the creation of 76-unit Park Montgomery West building and the renovation of the existing 141-unit Park Montgomery Apartments. Funding for…

Maryland’s residents benefit from building if they’re looking for a new home. The estimated cost to build a home in Maryland is $365K. The median home price in Maryland is $460K.

The housing market is expected to remain competitive by End-2023.

In Mid-Q3, SMD's housing market saw rising home values alongside declining inventory. Rising Home Prices: Avg prices: ↑4.4% MoM Median prices: ↑4.88% MoM Avg sold price: ↑0.31% yearly Inventory Challenges: Active listings: ~↓16.85% yearly New listings: ↓22.61% Pending sales: ↓8.5%

Montgomery County Council passed Bill 15-23 in July, a rent stabilization bill that is set to be enforced in late Spring 2024. Developers and realtors are concerned this could reduce the rental housing stock and deter new multifamily development, making it difficult to meet the housing demand estimated by the Metropolitan Washington Council of Governments…

As of mid-2023, the predicted recession has not materialized, and the economy is in a state of flux. While there are signs of a slowdown, the forecast for a recession has been pushed further out.

Depersonalization: Remove personal items to help buyers see themselves in the space, and hide personal names.

Maryland's housing market continues to see rising home prices at a rate of ~2.5% per quarter. The state is expected to add 178K new households by 2030, with growth concentrated in the greater Baltimore area. Despite tightening inventory, housing sales remain strong, with homes selling within an avg of 7-day on the market.

Indigenous Peoples’ Day celebrates, recognizes, and honors the beautiful traditions and cultures of the Indigenous People We take a stand for and support the indigenous people on this day. We should also offer our support to those who invest and uplift the indigenous communities.