Welcome Home Group

Welcome Home Group You cannot buy or sell trust so we earn it! We are a real estate team serving the DC and MD Area. We align our real estate services with your goals! Creativity.

Broker iGolden Realty Leading With...
Integrity. Passion. Education.Empowerment

Welcome Home Group 🏘️
Wendell Hankins
Broker: IGoldenone Realty & Concierge
📳 (240)244-7991
(O) (301)433-8645
📨 [email protected]
www.WelcomeHomeGroup.net
www.WendellSellsHouses.com

Home Prices Are ReboundingIf you’re following the news today, you may feel a bit unsure about what’s happening with home...
07/17/2023

Home Prices Are Rebounding

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. If we take a year-over-year view, home prices did drop some, but that’s because we’re comparing to a ‘unicorn’ year when prices peaked well beyond the norm.

To avoid an unfair comparison to that previous peak, we need to look at monthly data. And that tells a very different and much more positive story. While local home price trends still vary by market, here’s what the national data tells us.

We can see the past year in the housing market can be divided into two parts. In the first half of 2022, home prices were going up, and fast. However, starting in July, prices began to go down. By around August or September, the trend started to stabilize. But, looking at the most recent data for early 202...

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.

Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]Today’s housing inventory is still well below more normal...
07/14/2023

Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]

Today’s housing inventory is still well below more normal years. This low inventory is why homes that are priced right are still selling quickly and seeing multiple offers. If you want to sell your house, now is a great time because inventory is still low. Let’s connect to start the process.

Today’s housing inventory is still well below more normal years.

How Remote Work Expands Your Homebuying HorizonsEven as some companies transition back into the office, remote work rema...
07/13/2023

How Remote Work Expands Your Homebuying Horizons

Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you’re not alone. According to a recent survey, most working professionals want to work either fully remote or hybrid.

This trend is good news if you’re looking to buy a home because a remote or hybrid work setup can help you overcome some of today’s affordability and housing inventory challenges.

More Work Flexibility Equals More Home Options

Remote or hybrid work opens up a world of opportunities. That’s because it allows you to broaden your search for your next home since you’re no longer limited to living close to your workplace.

An article from the NYT highlights how remote work can greatly assist you in overcoming that challenge: “. . . take advantage of the opportunity remote work has presented to move to...

Even as some companies transition back into the office, remote work remains a popular choice for many professionals.

Renting or Selling Your House: What's the Best Move?If you’re a homeowner ready to make a move, you may be thinking abou...
07/12/2023

Renting or Selling Your House: What's the Best Move?

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years.

While a short-term rental can be a tempting idea, you may find the reality of being responsible for one difficult to take on. Here are some of the challenges you could face if you rent out your house instead of selling it.

>>A Short-Term Rental Comes with Responsibilities

Successfully managing your house as a short-term rental takes a lot of time and effort. You’ll have to juggle tasks like dealing with reservations, organizing check-ins, and tackling cleaning, landscape, and maintenance duties. Any one of those can feel demanding, but all together it’s a lot to handle.

There’s a lot to consider before tak...

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. 

Momentum Is Building for New Home ConstructionIf you’re in the process of looking for a home today, you know the supply ...
07/11/2023

Momentum Is Building for New Home Construction

If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t forget that a newly built home is a great option.

According to the latest report from the Census, builders are matching the long-term average for completions right now. And residential starts and permits are also gaining momentum. Since both are up, it’s a sign there are even more newly built homes coming soon.

More newly built homes in various stages of the construction process means your pool of options just got bigger. If you’re looking to move right now and timing is important to you, reach out to a local real estate professional to explore the homes that were recently completed in your area. If construction is done on those homes,...

If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options.

Reasons Your Home May Not Be SellingWhile the current housing market is generally favorable to sellers due to today’s li...
07/10/2023

Reasons Your Home May Not Be Selling

While the current housing market is generally favorable to sellers due to today’s limited housing supply, there are still factors that can cause delays or even prevent a house from selling. Here are a few things to think about.

>>Limited Access – If You Can’t Show It, You Can’t Sell It.

One of the biggest mistakes you can make as a seller is limiting the days and times when buyers can view your home. In any market, if you want to maximize the sale of your house, you can’t limit potential buyers’ ability to view it. Remember, minimal access equals minimal exposure.

>>Priced Too High – Price It To Sell, Not To Sit.

Pricing is a critical factor that can significantly impact your home sale. While it's tempting to push the price higher to try to maximize your profit, overpricing can deter potential buyers and lead to your home sitting on the market longer. Jeff Tucker, Senior Economist at Zillow, notes, “. . . seller...

When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles.

The Benefits of Downsizing for Homeowners [INFOGRAPHIC]Downsizing is a popular choice for homeowners when they retire or...
07/07/2023

The Benefits of Downsizing for Homeowners [INFOGRAPHIC]

Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs. Downsizing could help cut down on your expenses and your equity can fuel your move. If you’re thinking about moving to a smaller home, DM me to go over your housing goals and look at your options on our local market.

Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs.

Two Questions To Ask Yourself if You’re Considering Buying a HomeIf you’re thinking of buying a home, chances are you’re...
07/05/2023

Two Questions To Ask Yourself if You’re Considering Buying a Home

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you make your decision:

>>Where Do I Think Home Prices Are Heading?

One reliable place you can turn to for that information is the Home Price Expectation Survey from Pulsenomics – a survey of a national panel of over one hundred economists, real estate experts, and investment and market strategists.

According to the latest release, the experts surveyed are projecting slight depreciation this year. But here’s the context you need most. The worst home price declines are already behind us, and prices are actually appreciating again in many markets. Now, l...

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market.

Americans Still View Homeownership as the American DreamEveryone’s interpretation of the American Dream is unique and pe...
07/04/2023

Americans Still View Homeownership as the American Dream

Everyone’s interpretation of the American Dream is unique and personal. But, for many people it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide.

A recent survey from Bankrate asked respondents which achievements they feel most embody the American Dream. The responses prove owning a home is still important to so many Americans today as homeownership ranks above other significant milestones, including retirement, having a successful career, and earning a college degree.

A recent report from MYND helps shed light on why so many people value homeownership. It finds, “. . . nearly two-thirds of Americans (65%) see homeownership as a means of building intergenerational wealth.”

To further drive home the difference homeownership can make in your life, a report from Fannie Mae says, “Most consumers (87%) believe owning a home is important...

Everyone’s interpretation of the American Dream is unique and personal.

Evaluating Your Wants and Needs as a Homebuyer Matters More TodayWhen it comes to buying a home, especially with today’s...
07/03/2023

Evaluating Your Wants and Needs as a Homebuyer Matters More Today

When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic. Mortgage rates impact how much it costs to borrow money for your home loan. And, to help offset the higher borrowing costs today, some homebuyers are taking a close look at their wish list and re-evaluating what features they really need in their next home to avoid overextending.

So, if you’re looking to buy a home, take some time to consider what’s truly essential for you in your next house. Make a list of all the features you’ll want to see, and from there, work to break those features into categories. Here’s a great way to organize your list:

>>Must-Haves – If a house doesn’t have these features, it won’t work for you and your lifestyle (examples: distance from work or loved ones, number of bedrooms/bathrooms, etc.).

>>Nice-To-Haves – These are features you’d love to have...

When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic.

Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC]An agent is a really important part of selling your ho...
06/30/2023

Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC]

An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process. They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed at the contracts and disclosures involved. DM me to ensure you have an expert helping you sell your house successfully.

An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process.

Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.Do you want to sell your house, but hesitate becaus...
06/29/2023

Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You're not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory.

That means when you go to put your house on the market this summer, considering newly built homes is crucial for expanding the options you’ll have for your next move.

Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), highlights the importance of newly built homes for those looking to buy in today’s housing market. Dietz states, "With limited available housing inventory, new construction will continue to be a significant part of prospective buyers' search in the quarters ahead."

Don’t overlook this growing market segment and risk missing out on grea...

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market?

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9664 Pennsylvania Avenue
Upper Marlboro, MD
20772

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Monday 8am - 5pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 5pm
Saturday 11am - 5pm
Sunday 8am - 6pm

Telephone

+12402447991

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