Top Two DC Neighborhoods for First Time Home Buyers
The DC real estate market is extremely competitive. For first-time home buyers in DC, it is one of the most challenging things to find a place that suits their needs especially, when they are looking for single-family homes or town homes and not condos.
If you are also looking to buy a home in DC for the first time and looking for a good deal in a neighbourhood, you need to make proper research on the neighborhoods before finalizing the right one. Following are the two most popular DC neighborhoods among first-time home buyers in DC. Have a look:
Silver Spring, MD
Silver Spring, MD is an unbeatable option when it comes to affordable homes and easy commutation to downtown DC. Besides that this neighborhood has plenty going on! The city ranked number 2 out of 192 cities in Maryland as the best suburb for young professionals and boasts over 100 restaurants, a myriad of outdoor activities, and locally-owned small shops for fulfilling every shopping need.
The real estate of Silver Spring is competitive but you can get good deals on homes here with a lot more square footage than you may find in any other DC suburb distanced in a similar fashion. Home prices in the city have gone upward steadily over the past five years. Buyers can opt from a variety of single-family homes, townhomes, and condos.
Wheaton
Wheaton is yet another suburb that has been appreciated by a number of homebuyers in DC. The suburb has been revitalized in recent years. What makes it a great choice is the space availability, affordability, and a sense of community. The neighborhood is diverse and boasts plenty of green space with the expansive Wheaton Regional Park in one corner that features a conservatory, dog park, a large number of trails, and ice arena.
When it comes to the real estate market in Wheaton, it offers great opportunities for first-time homebuyers who seek more square footage be it for their kids, pets, or simply a backyard without giving up on accessibility to DC. Here, single family homes and town homes are common. Besides that Wheaton offers better walking space, a large number of casual restaurants, and cafes that are just a few minutes away.
You can always make your home buying in DC a better experience with home buyer programs in DC. The home buyer programs in DC help in making the buying process easier for home buyers especially for the first-timers. The various benefits that the first-time homebuyer programs in DC offer include assistance with down payment, closing cost, tax credits and government loan programs.
Taking the help of a reputable realtor is highly recommended as they can make your home buying experience easier, better and hassle-free. Look for a realtor that offers a better realtor commission in MD to grab the best deal at the best price.
Conclusion:
Magnolia Realty can help you with home buying and understanding the various home buyer programs in DC. For more information visit https://www.magnolia-realty.com/washington-dc-homes/dc-home-realtor-rebates/
Source: https://magnoliarealty.wordpress.com/2021/08/25/top-two-dc-neighborhoods-for-first-time-home-buyers/