The Isaacs Team Blog | Real Estate In The District

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Real Estate Agent - Compass | 1313 14th St NW DC 20005 - Licensed in DC & VA
DC Real Estate | Market updates and commentary, Washington DC real estate trends, news and statistics by a top District of Columbia real estate agent.
RECENT BLOG POSTS
Fall Brings ConfusionDC Metro home buyers may be expecting interest rate reductions and new broker compensation mandates, but those aren't the only changes they'll encounter this fall.New rules for touring homes are also in effect, visiting open houses may feel different, and the options for mini...
08/25/2024
As the adjustment period to the new buyer broker compensation system begins, consumers and those in the real estate industry wonder how it will impact buyer agency.We predict that the role of buyer agents will gain importance as home buyers experience more complexity in determining value and nego...
07/29/2024
BUYER AGENCY | WASHINGTON DCHere's the 'plain and simple' of buyer agency in DC real estate under the new system resulting from the NAR class action lawsuit settlement. It's clunky, but not game-changing. The market is still the market, influenced by inventory, mortgage interest rates, general ec...
07/29/2024
Don't believe the wild claims about "the end of 6% commission" in real estate.Unreliable Internet sources misled the public when they claimed that the cost of representation for real estate transactions was mandated to drop due to the NAR class-action lawsuit settlement. In fact, the settlement d...
07/29/2024
Washington DC home inventory went up. Home prices went up. Volume went down.CPI went down. PPI went up. Mortgage rates went down.Confusing?Mortgage News Daily published an article yesterday explaining some of this seemingly contradictory data:"Did you know: the normalization of house price apprec...
07/13/2024
Ever had an appraisal come in really low, or return puzzling results? If so, you know how difficult it is to raise a challenge and win a correction. Or it used to be. Just in time for commission changes and potential rate cuts late this summer, HUD, FHA and GSEs Fannie Mae and Freddie Mac have an...
06/01/2024
Zillow Introduces Non-Exclusive Touring Agreement Hoping Agents Will Work Free To Support ThemThis week, Zillow published a 'non-exclusive touring agreement' for home buyers and agents, with the suggestion that the real estate industry adopt it as a model for such agreements nationwide. It guaran...
05/03/2024
Breaking Down Changes In Real Estate Commission Practices | Washington DCNAR (The National Association of Realtors) agreed recently to a $418M settlement and mandating of changes to key policies as part of its resolution of multiple class-action lawsuits. The jury in the Missouri Sitzer-Barnett c...
04/19/2024
  FinCEN Proposes New Rule For Real Estate Transactions Certain entities and trusts are affected for non-financed transactions LLCs, Trusts and other specific entities engaging in cash or other non-financed transactions are the targets of the Financial Crimes Enforcement Network's new Notice of ...
03/14/2024
Today's Market Data Shows Opportunity For DC Homebuyers New market data was released for Washington DC this morning. Prices are down across the board except for a slight uptick for condos and co-ops, median days on market have increased, and early spring inventory levels are showing some growth....
03/11/2024
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Susan Isaacs | DC Real Estate Consultant

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