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Selling | Keller Williams Preferred Properties Blog

Friday, June 3, 2022   /   by Lashika S. Mason

What Does the Rest of the Year Hold for the Housing Market?

If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say.

The Number of Homes Available for Sale Is Likely To Grow

There are early signs housing inventory is starting to grow and experts say that should continue in the months ahead. According to Danielle Hale, Chief Economist at realtor.com:


“The gap between this year’s homes for sale and last year’s is one-fifth the size that it was at the beginning of the year. The catch up is likely to continue, . . . This growth will mean more options for shoppers than they’ve had in a while, even though inventory continues to lag pre-pandemic normal.”



As a buyer, having more options is welcome news. J ...

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  mg residential, real estate, home buying, first time home buyer, buy, buyers agent, realtor, selling, investing, summer market

Friday, May 27, 2022   /   by Lashika S. Mason

Work With a Real Estate Professional if You Want the Best Advice

Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your situation.

An Expert Will Give You the Best Advice Possible

Let’s say you need an attorney, so you seek out an expert in the type of law required for your case. When you go to their office, they won’t immediately tell you how the case is going to end or how the judge or jury will rule. What a good attorney can do, though, is discuss the most effective strategies you can take. They may recommend one or two approaches they believe will work well for your case.

Then, they’ll leave you to make the decision on which option you want to pursue. Once you decide, they can help you put a plan together based on the facts at hand. They’ll use their expert knowledge to ...

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  mg residential, real estate, home buying, first time home buyer, buy, buyers agent, realtor, selling, investing, listing agent, market rates

Friday, May 20, 2022   /   by Lashika S. Mason

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

In today’s housing market, homeowners have a great opportunity to sell their houses and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things:


To be the winning bid on their dream home



To buy before mortgage rates rise more



To buy before home prices go even higher


These buyer needs give you an amazing advantage – also known as leverage – when you sell.

What Does This Mean for Sellers Today?

You might already realize this enables you to sell at a good price, but you’re also in a great position to get the best terms to suit your needs.

According to the latest Realtors, Confidence Index from the National Association of Realtors (NAR), the average home sold receives 4.8 offers. That’s why there&rs ...

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  mg residential, real estate, home buying, first time home buyer, buyers agent, realtor, selling, market rates, investing, listing agent

Friday, May 20, 2022   /   by Lashika S. Mason

Grand Opening of The Heritage | New Luxury Condos in DC

Photo Line-up left to right (Anthony J. Mason, Lashika S. Mason, Kymber Menkiti-Lovett, Maryam Kazmi, and Reza Daman)
Photo Credit: Christopher P. Walters
Whitecrest Real Estate celebrates the completion and official grand opening of brand-new luxury condominium development, The Heritage, in DC’s Woodridge neighborhood.
The construction of the 6-story property is now complete, adding more contemporary and affordable living options to the community. Whitecrest is also offering buyers up to $10,000 in concessions* for the units which are for sale exclusively by the MG Residential Sales Team.
(Washington, DC) – MG Residential, an arm of Brookland’s Menkiti Group, was joined by Whitecrest Real Estate, to celebrate the launch of The Heritage, a newly developed collection of modern condominiums starting in the mid $300’s. The new development offers 1–2-bedroom units that range from 570 – 1050 square feet. The completion of this project is a majo. ...

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  mg residential, real estate, home buying, first time home buyer, buy, buyers agent, realtor, selling, investing, listing agent, community events

Friday, May 13, 2022   /   by Lashika S. Mason

Are There More Homes Coming to the Market?

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s large because the inventory of homes for sale is so low today.

If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent data shows more sellers are listing their houses this season, which may give you more options for your home search.

Early Signs Inventory May Be Growing

The latest data from realtor.com shows the number of listings coming onto the market, known in the industry as “new listings,” has increased since the start of the year (see graph below):


This indicates more sellers are listing their homes for sale each month this year. And according to realtor.com, this growth is expected to continue. Their research finds ...

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  mg residential, real estate, home buying, buy, first time home buyer, buyers agent, realtor, selling, market rates, spring season, investing, listing agent, spring cleaning

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams Preferred Properties participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2022 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: December 9, 2022 12 AM.
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