Washington D.C. Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Washington D.C. News

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March 31, 2020

3/31/20

 

 

 

 

DID YOU KNOW?

Human instinct is to believe that the more research and data we have, the better we are informed. So we turn to any number of high-frequency data points: foot traffic in malls, air quality readings over big cities, claims at state unemployment offices, Google search trends that may (or may not) have investment significance, etc. But the coronavirus pandemic is an example of how real-time information can whipsaw markets and spawn research that attempts to assign values to data. The counterintuitive truth is that more information does not always lead to better decisions. (Blackstone)

 

DID YOU KNOW?

Human instinct is to believe that the more research and data we have, the better we are informed. So we turn to any number of high-frequency data points: foot traffic in malls, air quality readings over big cities, claims at state unemployment offices, Google search trends that may (or may not) have investment significance, etc. But the coronavirus pandemic is an example of how real-time information can whipsaw markets and spawn research that attempts to assign values to data. The counterintuitive truth is that more information does not always lead to better decisions. (Blackstone)

Posted in Community News
March 30, 2020

3/30/20

 

 

 

 

DID YOU KNOW?
The 30-year fixed-rate mortgage dropped to 3.50%, a significant decrease of 15 basis points from last week, when rates surged to the highest level since January. The 15-year fixed-rate mortgage fell 14 basis points to 2.92%. It has remained below 3% since January, except for just one week. (Marketwatch)
 
DID YOU KNOW?
In most European countries, people assumed the Coronavirus outbreak “was a problem elsewhere” and this initial attitude led to the fast spreading of the virus in places such as Italy and Spain. Demographics, social behavior and lower testing capacity are just some of the reasons why Italy and Spain have the highest number of deaths in the world. Please take this virus seriously wherever you are. (CNBC)

 

Posted in Market Updates
March 26, 2020

3/26/20

 

 

 

 

DID YOU KNOW?
Melissa - the first e-mail virus to cause widespread damage and one of the fastest spreading viruses in history - was released into the wild today in 1999 on an early Friday morning and within three days infected 100,000 - 250,000 computers around the world. While the virus didn't directly cause any damage, the sheer volume of email that it generated crashed many corporate Microsoft email servers.

 

Posted in Community News
March 24, 2020

3/24/20

 

 

 

 

DID YOU KNOW?

Bear markets happen mostly due to fundamental reasons including a recession, subprime lending bubble, exuberant market valuations, high interest rates. This is an unusual bear market triggered by a global virus AND an oil price war. The definition of a Bear Market is:
* A 20% market drop or more
* They are supposed to happen every 3.4 years on average
* They last around 10 months on average
* The average market loss is around 35%
* The worst loss was in 1931 (62%)
* The smallest loss was in 1949 (21%)
* The average time to recover is 22 months

 

DID YOU KNOW?

Hong Kong was a poster child for coronavirus action in spite of its proximity to China, where the outbreak began. The small island with over 7 million inhabitants saw just 155 cases and only 4 deaths. Health experts credited a rapid government response, including mass testing, advice for citizens to work from home and strict social distancing, to stop the virus spreading. Now, however, Hong Kong is providing a very different lesson: what happens when you let your guard down too soon? The number of confirmed cases has almost doubled in the past week since relaxing these rules possibly too early. Wuhan is going back to work now so we will watch this closely.  (Business Insider)

Posted in Community News
March 23, 2020

3/23/20

 

 

 

DID YOU KNOW?
The Senate is considering an economic rescue package to deal with the effects of the coronavirus pandemic that could top $2 trillion.  While the stock market is typically a leading indicator of the economy — it tends to peak before the onset of an economic recession and bottom before an economic recovery — the unique nature of the ongoing COVID-19 epidemic has made forecasting an eventual stock-market recovery difficult. Despite the cascade of negative headlines as increased testing capacity reveals the extent of the outbreak in the U.S., some analysts are arguing that the equity market may have already begun a bottoming process, and that equity prices are nearing their most attractive levels. We shall see. (Barrons/Marketwatch)

 

 

DID YOU KNOW?

Some good news perhaps? As mass testing is now underway in the USA, the number of those infected has soared in the past week, up from 3,700 a week ago to around 27,000......this is because testing is providing broader, real data that did not exist a week ago. The fatality rate has fallen to around 1,3%, but it Italy it hovers around 9%, slightly higher than our average seasonal flu fatality rate.  This is a deadly virus. Please take it seriously, at every age. It takes around 24 days to turn deadly, so please be ultra-vigilant.

Posted in Community News
March 20, 2020

3/20/20

 

 

 

 

DID YOU KNOW?

States and cities across the U.S. are scrambling to quickly draw millions of dollars from their reserves to help cover coronavirus-related expenses such as testing and unemployment insurance, while also bracing for steep tax-revenue declines. (WSJ)

DID YOU KNOW?

Sanofi is testing treating Coronavirus with an anti-malaria drug, Plaquenil that has shown to kill the COVID-19 virus in 75% of patients after 6 days in a limited study. Doctors around the world are experimenting with drugs that could speed up recovery from the Virus. Any drug or treatment that could reduce the severity - not necessarily cure - of this virus could play an important role in alleviating the stress on hospitals. Stay tuned...most of these drugs require more testing and closer scrutiny. Anything that could alleviate symptoms to avoid hospitalization would be a game-changer.

Posted in Community News
March 19, 2020

3/19/20

 

5 Plants that add instant Curb Appeal When Selling Your Home

 

Today we are talking about plants that add instant curb appeal when selling your home. 

 

If you don’t know what curb appeal is, it’s when your house is appealing. From the curb. [Science!]

 

Start with evergreens that give structure to your yard. Boxwoods make great foundation plants to build off and come in many sizes. 

 

Next add in Nandina which provides four-season curb appeal in most regions. Nandinas are shrubs with white flowers in the spring and red berries in the fall. Their leaves also change color throughout the season. And unlike all my friendships they are low maintenance

 

If you’re someone who has trouble covering your foundation. Hydrangeas are a good bang for your buck. They’re easy to grow, need little care and have huge flowers when they bloom.

Azalea’s are my spirit animal plant because they’re petite, love color, and demand attention[Make fun of wtf a spirit animal plant]. As smaller plants they should be placed around your mailbox or porch so they can be seen, but there is a wide variety of color, size, and personality.

The last plant is Hosta and gurl does she love shade. They have huge green leaves and are great for bare spots under your trees.

Pro tip Mix in annuals & potted plants for year-round interest. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Posted in Market Trends
March 18, 2020

7 Steps to find out how much house you can afford

It only takes 7 steps to find out how much house can you afford. The at Money Magazine recently created a helpful step-by-step guide that can help first time home buyers avoid going over what they can afford when buying a home

Posted in Community News
March 18, 2020

3/18/20

 

 

 

DID YOU KNOW?

Thermo Fisher now has about 1.5 million Coronavirus tests in stock. (Roche is producing too) They began shipping them on Sunday and are ramping up to about 2 million tests in production a week, and then over the course of April they’ll be able to produce about 5 million tests a week. With mass testing, the chances of isolating and eliminating the virus grows dramatically. Of the 182,300 cases identified globally so far, 43.8% have recovered to date. In South Korea, the rate of testing has been quite high (3,692 tests per million people as of March 8), and its mortality among those infected quite low (about 0.6%). By contrast, Italy has tested about 826 people per million and its mortality among those with diagnosed infection is about 10 times higher. (CNBC)

 

DID YOU KNOW?

Coronavirus cases surged over 200,000 globally and fatalities tragically passed the 8,000 mark. Over 40% of known cases are fully recovered though.  And more importantly, in South Korea and China where mass, disciplined human isolation and mass testing has taken place, the number of new cases dropped notably, if their figures are indeed reliable.  South Korea with about 52 million people has had a total of 84 fatalities total. The USA - with 330 million people - has had 116 fatalities total so far, to help place things into perspective. Italy has had the worst fatality rate: 2,500 people of 60 million. The global fatality rate now stands around 4%, but this figure may be considerably lower considering many who experienced milder cases were not tested or recorded.

Posted in Community News
March 16, 2020

3/16/20

 

 

 

 

DID YOU KNOW?

Of the global Coronavirus cases right now, 93% are mild, but 7% are serious or critical. Just under 4% of total cases have been lethal. Over 7% of identified cases in Italy have been lethal compared to 4% in China that is now seeing the number of new cases dropping notably. (Worldometer)

 

DID YOU KNOW?

The market just ended its historic 11-year bull run by closing in bear-market territory. A bear market marks a 20% decline from all-time highs. Still, there have been a couple of instances where recessions didn’t accompany previous bear markets, according to LPL Financial data. In 1987, the S&P 500 tanked 22% on infamous Black Monday. That bear market lasted for four months but the economy avoided a downturn. Recessions also didn’t occur during the bear markets in 1961, 1966 and 1947. To be sure, the majority of the bear markets in recent history — more than 70% — were accompanied by a recession, according to LPL. (CNBC)

Posted in Community News