Sterling
Real Estate
Is it wise to postpone house buying plans in Maryland? Bethesda area.
Some buyers decided to postpone a home buying plan, expecting the interest rate to go down soon. However, it turned out that the winner is people who took the first move in this year. It appears that the postponing house buying plan is not wise at this moment. 1. Buyers already got familiar with the current interest rate. 2. Buyers realized that the house price will spike once the interest rate goes down again. (Combination between lack of inventory + lower interest rate.) 3. Buyers don’t think the interest rate will go down significantly. #bethesdamd #housingmarket #investment #maryland #towsonmd #rockvillemd #silverspringmd #washingtondc #collegeparkmd #baltimoremd #laurelmd #fortmeade #arlington #mcleanva.
MHP’s Affordable Housing Efforts Get a $1 Million Boost from Citi Foundation
Silver Spring-based nonprofit housing developer MHP recently received a $1 million unrestricted grant from the Citi Foundation’s Community Progress Makers Initiative, which supports innovative organizations that connect low-income communities with greater social and economic opportunities. According to an MHP press release, the organization plans to utilize the funding to...
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