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National Real Estate Market Update
Pending Home Sales Dip 1.1% in October
Contract activity was mixed among the four major U.S. regions, with the only positive month-over-month growth happening in the South.
FHFA Releases 2021 Loan Limits
GSE loan limits now sit at $548,250, while an announcement from the Federal Housing Administration is expected in the coming weeks.
NAR Launches "First-Time Buyer" Streaming Video Series
The eight-part series showcases REALTOR® value and will stream on Roku, YouTube, and Facebook.
NAR Raises Concerns About FHFA Final Rule
NAR remains concerned that the proposed rule could significantly raise costs for consumers, force GSEs to assume greater risk, and undermine reforms.
NAR Apologizes for Racial Inequality in Past Policies
Discussions also focused on current and future efforts by NAR to lead the industry's defense of fair housing.
Commercial Investors Must Foster Conversations
Commercial property values have changed in the last six months due to the pandemic and real estate is currently in unchartered territory.
Technology's Role in Real Estate's New Normal
NAR examined the real estate industry's growing reliance on technology and how tech innovations will impact the buying and selling experience.
Simulation Training to Tackle Discrimination
NAR will offer free interactive training, designed to combat discrimination in real estate, to real estate professionals throughout the country.
Existing-Home Sales Jump 4.3% in October
Existing-home sales grew for the fifth consecutive month in October to a seasonally-adjusted annual rate of 6.85 million.
National Association of REALTORS® Installs 2021 Leaders
The new leadership team was installed during NAR's virtual 2020 REALTORS® Conference & Expo.
Testimonials
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Danny was a great help and extremely patient during my home buying process. It took me nearly a year to decide on a place to pursue due to feng shui requirements, and Danny was very accommodating to my schedule when showing me the 20+ places that we visited. I ended up buying a condo via online auction using a FHA 203K loan. Although Danny did not have much experience with this type of deal specifically, he still did a lot of research on my behalf and was a great advocate between the mortgage company, the title company, and the general contractor. I couldn't have done it without him!
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- Jessica S
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Doing a cross country move was already stressful but luckily we had met Danny serendipitously on a vacation a few months prior. When we came out to look at places in the DC area, Danny listened to what we were looking for in a place and customized his search for us - daily!
For our viewings, Danny was always punctual, never rushed us, and answered every question we had. He also went the extra mile to show us around the areas we were considering, pointing out the pros and cons, nearby shops and restaurants, etc. Since we did not know the DC area that well, this was extremely helpful.
Although we did not end up getting a place through Danny (there were a few close ones though!) his input helped us greatly and we would definitely recommend him to our friends and also use him in the future!
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- Tad C
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Danny has helped me to sell my one-bedroom condo in Tyson's Corner. His services were outstanding. He staged the house very nicely and made it welcoming for prospective buyers. I will refer him to all my friends and family.
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- Simon H
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Danny has been managing my property in Alexandria for 3 years. What a relief to have found someone so competent, professional and knowledgeable. I am an "out of state" and often out of country owner and he is great about handling all issues. Wonderful.
Liz
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- Liz C
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I needed a real estate agent for my parents who were looking for a place in Alexandria so we asked Danny for his service. My parents and I were very pleased with his professional service and for his personality.
Danny was very personal, and showed his care and dedication. He is professional yet friendly and easy going. We were not pressured into buying a real estate when seeking for his service, which made it comfortable for us. Although, my parents decided not to proceed with the purchase this time, Danny followed up on the e-mail with new opportunities, which was great.
When the opportunity comes, I would definitely ask for his service again. I highly recommend him.
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- Ryan K.
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Danny helped sold my 2BR townhouse house with excellent service and attention to detail. He also did a great job staging the place, and arranging open houses with great success. He's very professional and super friendly. I highly recommend Danny as your realtor if you can get him, he's in high demand around the area, but he's worth the wait. He will work with you until you're completely satisfied. I sold my house at the price I wanted, he never pressured me to do anything I didn't want, very rare in a realtor. I will definitely work with him again. Thanks Danny, you're the best.
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- Charlie Huynh
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WOW!!!!
Let me tell you about how amazing Danny is... Not only did he help my roommate and I find a place to live in a WEEK, he also took MAJOR care of us, and made sure that we had a place to live. He was accommodating to our time, and he had our best interests at heart.
I would highly recommend working with Danny if you are looking to sell, or buy a new home. He made the process easy, and less stressful. No doubt that I will be returning for my next home. Danny, I can not thank you enough for everything!!
I'll be sending my friends your way.
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- Emily L
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I contacted Danny when my Mom is selling her property, since I don't know much about the process of selling a property, Danny is very helpful and guided us through the whole process of selling my Moms house. Very highly recommend
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- Ruben G
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Danny represented me as both a buyer and a seller. He is fantastic. Very personable, understanding, patient, reliable and hard working. He was able to address all of my questions and concerns and made the paperwork a breeze. Very thorough and on top of everything! I strongly recommend Danny to all my family, friends and anyone looking for a Real Estate Agent.
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- Jeff F
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Danny was my landlord back in the days when I was in Virginia. When dealing with tenant issues, he shows his dedication and is professional-detailed oriented and careful, which are good traits in this career field. In life, he is very thoughtful and easy going. I could count on him and feel relaxed. I believe he will be a good choice when anyone needs a realtor.
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- Andrea C.
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Great real estate agent. He is professional and easy to talk to. Very quick to respond to all aspects of the real estate process.
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- Ibrahime A.
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Danny is an outstanding agent. Fluent in Mandarin and Cantonese Chinese, he secured an incredible contractor, oversaw the successful total renovation, tasteful staging, and subsequent sale of a cooperative unit owned by a Chinese-speaking owner. Danny is a tireless and knowledgeable professional. Highly recommend Danny Leung.
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- Tom Y
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Danny is a very reliable professional. While I was at grad school, I interned three times in DC area and it would have been much more difficult and unpleasant if it weren't for Danny's professional and very careful help. Danny successfully found a place for me to settle down for all three occasions whether it was in the DC or VA. His service was professional, tailored for my needs, and of course, very reliable. I know I can rely on him as a pleasant landlord and as a reliable real agent.
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- Edward P
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Danny came to our house in the middle of our "refreshing" project. So the house was really a mess. Few weeks later, we had our open house. Had an offer even a few days before that. That next Monday we agreed on an offer $15,000 more that our asking price. We just closed last week. As soon as we gave him the key to drive the process, we have been just sitting back. We trusted him and his partner Christina and they did not disappoint. We are happy of how everything turned out. There were a few hiccups along the way, not on our end, but they were on top of it. Despite of the Covid-19 crisis, the overall process went smoothly. we highly recommend this dream team! When they say they've got you, they really do. They give you the time if you need them, but they also nudge you to make the right decisions.
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- Sheena G
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