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Sidelined by high interest rates?

Consider refinancing options, buying down points

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Fall means more inventory, but high interest rates are proving challenging for some buyers.

Unimpressed by the current offerings on these DMV streets? Yeah, me too. Luckily we are heading into the busy “fall market” where we are set to see an influx of new inventory hitting the market just after Labor Day. While you might still be unsure if buying in this current real estate market and with these higher interest rates really makes sense for you, I want to outline a few options that might make sense for you and make that dream of homeownership, in this current market, more attainable than you once thought.

DATE THE RATE – MARRY THE HOME

I’m sure we have all heard this by now. Everyone is saying to date the interest rate and you can always refinance. I agree with this sentiment 50% of the time. None of us knows what will happen in the future, right? Will interest rates drop lower than they are currently sitting? Sure, I think that’s a safe assumption. So if we are using that logic then if you find a home that you simply cannot live without then you should buy it and hope that interest rates drop and you can refinance that mortgage into a lower rate. With current limited inventory and higher interest rates we are seeing buyers getting some pretty good deals across all categories of homes (condo, co-op, townhome etc.) and so it still might make sense to buy a home now. Also, your motivation to move out of your friend’s basement or a roommate situation might be the driving factor.

ADJUST YOUR MINDSET

If you are dead set on buying a home right now, I get it. I am an Aries and I want things done NOW. That being said – there is a great option for making the current interest rates a bit more bearable. Adjustable rates are a great way to save in the short term. The way that adjustable rate mortgages work is that you are basically locked into a lower interest rate for a specifically set amount of time and then once that time passes your rate is adjusted to the current market or whatever your terms are set to increase by. Adjustable rate mortgages get a bad rep because of what happened in the last market crash. The loans that were being handed out back in 2007 were what’s called “no-doc loans” meaning that basically mortgage companies were not asking for documentation and would lend money out to everyone with very little verification of credit, employment, salary etc. In today’s mortgage market, the requirements to qualify for a loan are much greater and the same goes for an adjustable rate. Keep in mind that sometimes the terms of an adjustable rate loan do not make sense.

BUY POINTS

A newer method to make your mortgage more within reach is to buy down points. When it comes to your interest rate you have the ability, with most lenders, to come to the table with a specific percentage of the total loan amount, in cash, to buy down the interest of the overall loan and thus will result in a lower interest rate and lower monthly fee. This is, of course, only effective if you have that cash on hand needed to buy down the points and this would be outside of any down payment amount you have already put down on the loan. This is a costly method and sometimes depending on how long you see yourself in that home – it doesn’t always make sense.

TAKE A BEAT

Sometimes the best thing we can do in life is to just take a moment to breathe. This is also helpful in the real estate market, although I never do. Anyway, if you are just super stressed about home buying after writing a few offers and being beat out or if you just can’t wrap your head around the expense of these interest rates, then take some time and regroup. During this regroup you can make a few changes to your finances that will help you in the long run with your borrowing power and overall mortgage health.

Credit: your credit worthiness does affect your mortgage interest rate. Work on your credit score to help with your mortgage outlook and you will notice a change in your interest rate. It is pretty easy to work on improving your credit through healthy bill paying and spending. There are a few groups that can help with this, outside of your day-to-day healthy credit habits, but I always recommend speaking with a lender to help navigate you in the right direction.

Debt: pay off those student loans. Your borrowing power is surrounded by your debt to income ratio. Pay off loans that you have entirely or as close as possible. Just be aggressive with them. This will help you with the amount you can borrow in addition to your overall “image” when a lender looks at your file. While you are sitting on the bench waiting for more inventory or for the interest rates to drop – make smart decisions to buy down debt that you are currently carrying around.

As I mentioned before, economists’ predictions show that interest rates are sure to drop due to our current level of inflation being in a better place. It is likely that rates will drop, however no one has a crystal ball. The few tips listed above put the power in your hands and the ability to control what option makes the most sense for you in your home buying journey. Buying down points or adjustable rate mortgages are sometimes great options for some home buyers. Looking inward and working on your credit worthiness and debt are also great ideas for those that are not willing to subscribe to the refinance option or an adjustable rate mentality where the risk is too high. Home ownership is truly possible and when you have a toolkit outfitted with the right mortgage lender and realtor to help guide you through the process – it really is seamless.

(I am not a mortgage broker and do not claim to be.)

Justin Noble is a Realtor with Sotheby’s international Realty licensed in D.C., Maryland, and Delaware for your DMV and Delaware Beach needs. Specializing in first-time homebuyers, development and new construction as well as estate sales, Justin is a well-versed agent, highly regarded, and provides white glove service at every price point. Reach him at 202-503-4243,  [email protected] or BurnsandNoble.com.

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Real Estate

2026: prices, pace, and winter weather

Lingering snow cover, sub-freezing temperatures have impacted area housing market

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17th Street in Dupont Circle on Jan. 26, 2026, after 7" inches of snow and sleet fell in D.C. (Washington Blade photo by Michael K. Lavers)

The D.C. metropolitan area’s housing market remains both pricey and complex. Buyers and sellers are navigating not only high costs and shifting buyer preferences, but also seasonal weather conditions that influence construction, inventory, showings, and marketing time. 

Seasonality has long affected the housing market across the U.S. Activity typically peaks in spring and summer and dips in winter; however, January and February 2026 brought unusually cold spells to our area, with extended freezing conditions.

Persistent snow and ice-covered roads and sidewalks have gone for days, and in some cases weeks, before melting. While snow accumulation normally averages only a few inches this time of year, this winter saw below-normal temperatures and lingering snow cover that has significantly disrupted normal activity. 

Rather than relying on neighborhood teenagers to shovel snow to make some extra money, the “snowcrete” has required ice picks, Bobcats, and snow removal professionals to clear streets and alleys, free our cars from their parking spaces, and restore availability of mass transit. 

These winter conditions have had an adverse impact on the regional housing market in several ways.

  • Construction slowdown: New builds and exterior improvements often pause during extended cold, resulting in delayed housing starts when we need affordable housing in the worst way.
  • Listing preparation: Cleaning crews, sign installers, photographers, and stagers with trucks full of furniture may be unable to navigate roads and need to postpone service. 
  • Showings and open houses: Simply put, buyers are less inclined to schedule visits in hazardous conditions. Sellers must ensure walkways and parking areas are clear and de-iced and be able to vacate the property while viewings are taking place.
  • Inspection and appraisal delays: Like buyers and sellers, ancillary professionals may be delayed by unfavorable weather, slowing timelines from contract to close.
  • Maintenance and repairs: Properties with winter damage (e.g., ice dams or frozen pipes) may experience repair delays due to contractor availability and supply chain schedules. Snow and cold can also affect properties with older and more delicate systems adversely, leading some sellers to delay listing until better conditions arrive. 
  • Availability of labor: Increasingly, construction, landscaping, and domestic workers are reluctant to come into the District, not because of ice, but because of ICE.

Overall, the District has shown a notable increase in days on the market compared with past years. Homes that once sold in a week or less are now often listed for 30+ days before obtaining an offer, especially in the condominium and mid-range house segments. While part of this shift can be attributed to weather and climate, interest rates, uncertain employment, temporary furloughs, and general economic conditions play key roles. 

Nonetheless, we continue to host some of the region’s most expensive residences. Historic estates, including a Georgetown mansion that sold for around $28 million, anchor the luxury segment and reflect ongoing demand for premium urban property.

But even in this high-end housing sector, marketing strategies are evolving based on seasonal realities. Price reductions on unique or niche properties, such as undersized or unconventional homes, reflect a broader market adjustment where competitive pricing can shorten selling time.

For example, a beautifully renovated, 4-story brick home with garage parking and multiple decks that overlook the Georgetown waterfront sold in early February for 90 percent of the list price after 50 days on the market.

At the other end of the spectrum, a 2-bedroom investor-special rowhouse in Anacostia only took eight days to sell for under $200,000, down 14 percent from its original list price. In addition, four D.C. homes took more than 250 days to sell, including an 8-bedroom rooming house that was on the market for 688 days and closed after a 23 percent downward price adjustment.

Some frustrated sellers are simply taking their homes off the market rather than dropping prices below their mortgage balances, although we are beginning to see the resurgence of short sales for those who must sell.

Condominiums and cooperatives offer many opportunities for buyers and investors, with 1,100 of them currently on the market in D.C. alone. List prices run the gamut from $55,000 for a studio along the Southwest Waterfront to nearly $5 million for five bedrooms, four full baths, and 4,400 square feet at the Watergate. 

So, while Washington metro area prices remain high, the pace of sales now reflects both seasonal and economic realities. Homes taking longer to sell, in part caused by elements of winter, signal a shifting market where buyers can take more time to decide which home to choose and have a better negotiating posture than in recent years. 

Accordingly, sellers must continue to price strategically, primp and polish their homes, and prepare for additional adverse circumstances by reviewing fluctuating market conditions with their REALTOR® of choice.

Valerie M. Blake is a licensed Associate Broker in DC, MD & VA with RLAH @properties. Call or text her at (202) 246-8602, email her at [email protected] or follow her on Facebook at TheRealst8ofAffairs

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Real Estate

Home is where the heart is

Tying Valentine’s Day to LGBTQ buyers and sellers

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(Photo by sundaemorning/Bigstock)

Valentine’s Day is often portrayed as a celebration of romantic love — flowers, chocolates, and candlelit dinners. But for many LGBTQ+ individuals and couples, Valentine’s Day can also be a moment to reflect on something deeper: the love that creates a safe, welcoming home.

For LGBTQ+ home buyers and sellers, homeownership is more than a financial milestone—it is an act of belonging, resilience, and pride. Owning a home can mean finally having a place where you can hold hands with your partner on the front porch, decorate with your authentic style, and build a life free from judgment. In this way, buying or selling a home is one of the most meaningful love stories many LGBTQ+ people will ever write.

This Valentine’s Day, whether you’re a first-time gay home buyer, a same-sex couple upgrading your space, or an LGBTQ+ seller moving on to your next chapter, it’s worth thinking about how love, identity, and real estate intersect—and how to navigate that journey with confidence, protection, and the right support.

Love, Identity, and the Meaning of ‘Home’

For generations, LGBTQ+ people were denied equal access to housing, homeownership, and legal protections. Even today, many LGBTQ+ home buyers still face subtle bias, uncomfortable interactions, or outright discrimination in the real estate process.

That’s why finding LGBTQ+ friendly real estate and an affirming gay friendly realtor or lesbian realtor matters so much. A home isn’t just a building—it’s a personal sanctuary. Working with LGBTQ+ real estate agents who understand your lived experience can make all the difference between a stressful transaction and a joyful one.

For over 30 years, GayRealEstate.com has been the leading gay real estate network, connecting LGBTQ+ home buyers and sellers with gay real estate agents, lesbian real estate agents, and LGBTQ+ friendly realtors who truly “get it.” Their mission has always been simple yet powerful: to ensure that every LGBTQ+ person has access to safe, respectful, and inclusive real estate services.

Finding Your Match: Choosing the Right LGBTQ+ Friendly Realtor

Much like dating, finding the right real estate agent is about compatibility, trust, and communication. Here are some key tips for choosing the best LGBTQ+ real estate representation:

  • Look for experience with LGBTQ+ clients. Search for a gay realtor near me or lesbian realtor near me through GayRealEstate.com, where agents are vetted for cultural competency and community commitment.
  • Ask about their experience with same-sex couple home buying. A strong agent should understand issues like joint ownership, legal protections, and financing considerations.
  • Choose someone who listens. You should feel safe sharing your priorities—whether that includes proximity to LGBTQ+ nightlife, affirming schools, or lesbian-friendly neighborhoods.
  • Prioritize respect and transparency. Your agent should advocate for you, not just push a quick sale.

The right gay friendly real estate agent isn’t just helping you buy a house—they’re helping you find a place to build your life.

Best Cities for LGBTQ+ Home Buyers

If love is your compass, location is your map. Some of the best cities for LGBTQ+ home buyers consistently offer strong community presence, legal protections, and welcoming neighborhoods:

  • Wilton Manors, Florida – A hub for LGBTQ+ culture with thriving LGBTQ+ real estate opportunities
  • Palm Springs, California – A long-standing LGBTQ+ retirement and second-home destination
  • Provincetown, Massachusetts – Historic LGBTQ+ community with progressive housing protections
  • Asheville, North Carolina – Growing market with inclusive real estate services
  • Fort Lauderdale, Florida – Diverse, welcoming, and highly sought-after for LGBTQ+ home ownership

Working with GayRealEstate.com allows you to connect with local LGBTQ+ real estate experts who know these markets inside and out.

Navigating Legal Protections in LGBTQ+ Real Estate

Love is universal—but legal protections are not always consistent. Understanding your rights is essential when buying or selling a home as an LGBTQ+ person.

Key protections include:

  • Fair Housing Act (FHA): Prohibits discrimination based on sex, which courts have increasingly interpreted to include sexual orientation and gender identity.
  • State and local protections: Many cities and states offer additional safeguards against LGBTQ+ housing discrimination.
  • Same-sex couple legal considerations: If you are married, joint ownership is typically straightforward. If not, consult an attorney about co-ownership agreements.

A knowledgeable LGBTQ+ friendly realtor from GayRealEstate.com can help guide you through these complexities and connect you with trusted legal professionals when needed.

Buying a Home as an LGBTQ+ Person: Practical Tips

If you’re embarking on your home-buying journey this Valentine’s season, here are smart, practical steps to take:

  1. Clarify your priorities. Do you want a vibrant LGBTQ+ neighborhood, quiet suburbs, or access to queer community spaces?
  2. Get pre-approved for a mortgage. This strengthens your position in competitive markets.
  3. Work with an LGBTQ+ real estate agent. Searching “finding a gay real estate agent” or “finding a lesbian real estate agent” through GayRealEstate.com is a great first step.
  4. Research inclusive communities. Some neighborhoods are more welcoming than others.
  5. Know your rights. If you experience bias, document it and seek legal guidance.

Buying a home is an act of self-love—and community love.

Selling a Home as an LGBTQ+ Person

Selling can be just as emotional as buying, especially if your home represents years of memories with your partner, friends, or chosen family.

When selling a home as an LGBTQ+ person, consider:

  • Working with a gay friendly realtor who will market your home inclusively
  • Highlighting LGBTQ+ community appeal in listings
  • Being prepared for potential buyer bias (and knowing how to respond)
  • Leaning on GayRealEstate.com’s LGBTQ+ real estate services for trusted guidance

Your story—and your home—deserve respect.

Real Estate for LGBTQ+ Families

More LGBTQ+ couples are raising children, fostering, or building blended families. This makes homeownership even more meaningful.

When searching for real estate for LGBTQ+ families, consider:

  • LGBTQ+ affirming school districts
  • Family-friendly queer communities
  • Safe neighborhoods with inclusive values
  • Access to LGBTQ+ resources and social networks

GayRealEstate.com specializes in helping LGBTQ+ families find homes that truly fit their lives.

Love, Pride, and Homeownership

At its core, Valentine’s Day is about connection. For LGBTQ+ people, homeownership can be one of the most profound expressions of love—love for yourself, your partner, your family, and your future.

Whether you are a first-time gay home buyer, a same-sex couple relocating, or an LGBTQ+ seller moving forward, you deserve an experience rooted in dignity, fairness, and celebration.

For over three decades, GayRealEstate.com has stood as the leading source for LGBTQ+ real estate, gay real estate, lesbian real estate, and LGBTQ+ home buying and selling representation. Their nationwide network of gay real estate agents, lesbian-friendly real estate agents, and LGBTQ+ friendly realtors ensures that your real estate journey is guided by professionals who understand your heart—and your home.

This Valentine’s Day, let your next chapter be written in a place where you can truly belong. Because when love leads the way, home is never far behind.


Scott Helms is president and owner of Gayrealestate.com.

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Real Estate

New year, new housing landscape for D.C. landlords

Several developments expected to influence how rental housing operates

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Muriel Bowser has advocated for more affordable housing during her time as mayor. (Washington Blade file photo by Michael Key)

As 2026 begins, Washington, D.C.’s rental housing landscape continues to evolve in ways that matter to small landlords, tenants, and the communities they serve. At the center of many of these conversations is the Small Multifamily & Rental Owners Association (SMOA), a D.C.–based organization that advocates for small property owners and the preservation of the city’s naturally occurring affordable housing.

At their December “DC Housing Policy Summit,” city officials, housing researchers, lenders, attorneys, and housing providers gathered to discuss the policies and proposals shaping the future of rental housing in the District. The topics ranged from recent legislative changes to emerging ballot initiatives and understanding how today’s policy decisions will affect housing stability tomorrow.

Why Housing Policy Matters in 2026

If you are a landlord or a tenant, several developments now underway in D.C., are expected to influence how rental housing operates in the years ahead.

One of the most significant developments is the Rebalancing Expectations for Neighbors, Tenants and Landlords (RENTAL) Act of 2025, a sweeping piece of legislation passed last fall and effective December 31, 2025, which updates a range of housing laws. This broad housing reform law will modernize housing regulations and address long-standing court backlogs, and in a practical manner, assist landlords with shortened notice and filing requirements for lawsuits.  The Act introduces changes to eviction procedures, adjusts pre-filing notice timelines, and modifies certain tenant protections under previous legislation, the Tenant Opportunity to Purchase Act. 

At the same time, the District has expanded its Rent Registry, to have a better overview of licensed rental units in the city with updated technology that tracks rental units subject to and exempt from rent control and other related housing information. Designed to improve transparency and enforcement, Rent Registry makes it easier for all parties to verify rent control status and compliance.

Looking ahead to the 2026 election cycle, a proposed ballot initiative for a two-year rent freeze is generating significant conversation. If it qualifies for the ballot and is approved by voters, the measure would pause rent increases across the District for two years. While still in the proposal phase, it reflects the broader focus on tenant affordability that continues to shape housing policy debates.

What This Means for Rental Owners

Taken together, these changes underscore how closely policy and day-to-day operations are connected for small landlords. Staying informed about notice requirements, registration obligations, and evolving regulations isn’t just a legal necessity. It’s a key part of maintaining stable, compliant rental properties.

With discussions underway about rent stabilization, voucher policies, and potential rent freezes, long-term revenue projections will be influenced by regulatory shifts just as much as market conditions alone. Financial and strategic planning becomes even more important to protect your interests.

Preparing for the Changes

As the owner of a property management company here in the District, I’ve spent much of the past year thinking about how these changes translate from legislation into real-world operations.

The first priority has been updating our eviction and compliance workflows to align with the RENTAL Act of 2025. That means revising how delinquent rent cases are handled, adjusting notice procedures, and helping owners understand how revised timelines and court processes may affect the cost, timing, and strategy behind enforcement decisions.

Just as important, we’re shifting toward earlier, more proactive communication around compliance and regulatory risk. Rather than reacting after policies take effect, we’re working to flag potential exposure in advance, so owners can make informed decisions before small issues become costly problems.

A Bigger Picture for 2026

Housing policy in Washington, D.C., has always reflected the city’s values from protecting tenants to preserving affordability in rapidly changing neighborhoods. As those policies continue to evolve, the challenge will be finding the right balance between stability for renters and sustainability for the small property owners who provide much of the city’s housing.

The conversations happening now at policy summits, in Council chambers, and across neighborhood communities will shape how rental housing is regulated. For landlords, tenants, and legislators alike, 2026 represents an opportunity to engage thoughtfully, to ask hard questions, and to create a future where compliance, fairness, and long-term stability go hand-in-hand.

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