Dominique D. Thomas, Realtor

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Dominique D. Thomas, Realtor

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04/02/2025

Are you or someone you know a Federal Employee in the DMV Area? If so, you don’t want to miss this Federal Employee Resource Fair.

The D.C. area, Washington, D.C., Maryland and Virginia, is home to 20% of the federal workforce currently serving our country. In response to recent Federal workforce reductions, we are hosting a FREE, virtual Federal Employee Resource Fair designed to help federal employees, contractors & military/veterans navigate current and future issues, and changes or disruptions to federal services or employment.

This event is open to all federal employees in the DMV area—whether currently employed or recently separated. Attendees will have access to a wide range of valuable resources, including:

-Homeowner resources
-Mental health resources
-Financial planning and debt management resources
-Career and job placement resources
-Federal Workforce Updates
And much more

Join us to connect with experts, access helpful tools, and find resources to help with your needs. Registration is free, but spots are limited—secure yours today!

Register at https://dmvfedemployee.eventbrite.com

12/25/2024

Warmest wishes for a holiday season filled with joy, laughter, and a new year of peace and prosperity.

Your Realtor,
Dominique D. Thomas

12/21/2024

💰 How Much Does It Cost To Sell Your Home?

Thinking about selling your house? 🤔 Wondering how much it’ll cost? Here's what to expect:

🔹 Closing Costs & Commission: Typically 2–4% of the sale price. This includes fees and taxes to finalize the transaction.

🔹 Pre-Listing Inspection & Repairs: Optional but helpful to tackle repairs upfront for a smoother sale.

🔹 Staging Costs: Staging can make your home shine! Costs range from $782–$2,817 but may vary depending on the level of staging.

💡 The Good News: Most sellers have significant equity built up in their homes, which can offset these costs and even fund your next home purchase!

An experienced agent (like me! 👋) can guide you on where to save, what’s worth spending on, and how to maximize your profits.

📞 Call me: (240) 429-8987
📧 Email: [email protected]
🌐 Visit: dthomasre.kw.com

Let’s get your house sold! 🏡

12/20/2024

📢 2 Reasons Why the Housing Market Won’t Crash

Worried about recent economic chatter? Let’s clear the air! The housing market today is NOTHING like 2008. Here’s why you don’t need to panic:

1️⃣ Demand > Supply: Unlike 2008, there aren’t too many homes on the market. In fact, demand still outpaces supply, which supports stable or rising home prices. 🏡

2️⃣ Low Unemployment: With unemployment rates much lower than in 2008, more people can afford their mortgage payments. This keeps foreclosure rates low and market conditions strong. 💼

💡 Real estate is local! Let’s connect to talk about what’s happening in our area so you can make informed decisions.

📞 Call me: (240) 429-8987
📧 Email: [email protected]
🌐 Visit: dthomasre.kw.com

Let’s navigate the market together! 🌟

12/19/2024

🏡 Thinking About Taking Your House Off the Market? Think Again! ✋

If your home has been sitting on the market longer than expected, you might be considering pulling the listing. But here’s why sticking it out could be the smarter move:

1️⃣ Serious Buyers Are Out There: Fall buyers are ready to make a move—they’re not window shopping. With mortgage rates trending down, many are eager to close before the holidays! 🎯

2️⃣ Less Competition: Other sellers are pulling their listings, which means your home has a better chance to stand out. 🌟

💡 Don’t let frustration hold you back—capitalize on the market NOW! I’ll help you attract motivated buyers and craft a winning strategy to sell your home.

📞 Call me: (240) 429-8987
📧 Email: [email protected]
🌐 Visit: dthomasre.kw.com

Let’s turn “For Sale” into “SOLD!”

12/18/2024

🎉 Just Sold! 🏡

✨ Congratulations to the new homeowners of 5406 Woodyard Rd, Upper Marlboro, MD 20772! 🎊 This beautiful property has officially closed, and I’m thrilled to have helped another family start their next chapter. 🗝️💼

💡 Thinking about buying, selling, or investing in real estate? Let’s turn your goals into reality. I specialize in helping clients across DC, MD, and VA find the perfect home or sell with confidence.

📲 Call/Text: (240) 429-8987
📧 Email: [email protected]
🌐 Visit: dthomasre.kw.com

🔑 Your Realtor for All Things DMV:
💬 Let’s connect:

12/18/2024

🏡 Now’s the Time To Upgrade to Your Dream Home! ✨

Have you been dreaming of a bigger, better home? You’re not alone—many buyers are looking for more space and modern upgrades! Here’s why now is a fantastic time to make your move:

1️⃣ Leverage Your Equity: Homeowners are sitting on record-high equity, with an average of $315,000! 💰 Use it to make your dream home a reality.

2️⃣ Lower Mortgage Rates: Rates are trending down, giving you more purchasing power and flexibility. 📉

💡 Your current home could be the key to unlocking the lifestyle you’ve been craving. Let’s assess your equity and explore your options.

📞 Call me: (240) 429-8987
📧 Email: [email protected]
🌐 Visit: dthomasre.kw.com

Let’s find your dream home together! 🌟

12/17/2024

🏡 Home Values Are Rising—Even If Median Prices Are Falling 📈

You’ve seen the headlines: “Home Prices Dropping!” But don’t let the buzz fool you. The truth? National home values are still climbing, even as median prices dip slightly.
Why?

Here’s the breakdown:
1️⃣ Smaller Homes on the Market: More compact, affordable homes are shifting the median price downward—but it doesn’t mean your home’s value is falling.

2️⃣ Price Per Square Foot Is Up: This is the real measure of value, and it’s on the rise nationwide! 💰

3️⃣ Local Trends Matter: Every market is unique. Let’s talk about what’s happening in the DMV area.

💡 Don’t let the headlines cause confusion—let’s dig into the facts about YOUR home’s worth!
📞 Call me: (240) 429-8987
📧 Email: [email protected]
🌐 Visit: dthomasre.kw.com

Stay informed with expert guidance! 🌟

12/16/2024

📢 Is Your House Priced Too High? 🏡

Every homeowner wants to sell fast, for top dollar, and with zero stress. But here’s the deal: your asking price could be the biggest roadblock to achieving that goal. 🤔

Here are 4 signs your home might be overpriced:
1️⃣ Crickets at Showings: Few or no buyers stopping by? That’s a red flag.
2️⃣ Buyer Feedback Isn’t Great: Consistent comments about price? Time to adjust.
3️⃣ Sitting Too Long: A stale listing raises eyebrows for buyers.
4️⃣ Your Neighbor’s Home Sold Easily: If similar homes are flying off the market, it’s time to revisit your strategy.

💡 Pricing a home isn’t guesswork—it’s a skill! I use market expertise to help sellers get the best price without scaring buyers away. Let’s make your house stand out in the crowd! 🌟

📞 Call me: (240) 429-8987
📧 Email: [email protected]
🌐 Visit: dthomasre.kw.com

Let’s price it right the first time! 💼

12/14/2024

🏡 The Best Time To Buy a Home This Year 📅

Exciting changes are happening in the housing market this season! If you’ve been waiting for the perfect moment to dive back into your homebuying journey, that moment is now. 📈✨

According to the experts at Realtor.com, the best week to buy a home this year is coming up soon: September 29 – October 5. Here’s why this is your sweet spot:

🔍 Why This Week?
Historically, this week offers the best balance of market conditions for buyers:

High Inventory: More homes available for you to choose from.
Lower Prices: Home prices are below peak levels.
Decreased Demand: The market pace slows, making it more manageable for buyers.
📉 Current Market Indicators
Today’s market data shows even better conditions than in previous years:

Mortgage Rates: Recently dropped to their lowest point in 19 months, enhancing your purchasing power. Andy Walden from Intercontinental Exchange Inc. (ICE) states, “Rates falling below 6.5% made August the most affordable month for housing since February.”

Increased Inventory: The number of homes for sale has risen by 35.8% compared to last year, reaching the highest levels since May 2020. Ralph McLaughlin, Senior Economist at Realtor.com, notes, “More options mean more opportunities for buyers!”

🏠 Competitive Advantage for Buyers
With more homes on the market, sellers are now competing for your attention, which means they may be more willing to negotiate. Zillow adds, “Early fall presents a ‘sweet spot’ with less competition from other buyers, more motivated sellers, and lower interest rates.”

📞 Bottom Line
Ready to seize this opportunity? Let’s connect and start preparing for your homebuying adventure. It’s time to get off the sidelines and into the action!

Contact Me Today!
Dominique D Thomas
📞 (240) 429-8987‬
📧 [email protected]
💻 dthomasre.kw.com

12/13/2024

🏠 What To Know About Closing Costs 💰

Excited to buy your dream home? 🎉 As you plan for this big step, don’t forget to factor in the often-overlooked closing costs! Here’s what you need to know to be prepared.

🔍 What Are Closing Costs?
Closing costs are additional fees you pay when finalizing your home purchase. They can vary based on the home’s price and financing options, but they shouldn’t catch you off guard. According to Freddie Mac, typical closing costs may include:

Application fees
Credit report fees
Loan origination fees
Appraisal fees
Home inspection fees
Title insurance
Homeowners insurance
Survey fees
Attorney fees
Some of these are one-time payments, while others, like homeowners insurance, are initial costs for ongoing responsibilities.

💸 How Much Are Closing Costs?
Closing costs generally range from 2% to 5% of the home purchase price. For example, if you're buying a home at the median price of $422,600, your closing costs could be between $8,452 and $21,130. Keep in mind that these numbers will adjust based on your specific situation.

🔑 Tips to Reduce Your Closing Costs
If you’re looking to minimize these expenses, consider these tips from NerdWallet:

Negotiate with the Seller: Some sellers may cover part or all of the closing costs, especially in a market where homes are lingering longer. Don’t hesitate to ask for concessions like covering the home inspection!

Shop Around for Home Insurance: Get multiple quotes to find a policy that offers reliable coverage at a competitive rate. This can help reduce your overall expenses.

Look into Closing Cost Assistance: Various programs can help with closing costs based on income levels, professions, or locations. Your real estate professional can guide you to available options, and resources from the U.S. Department of Housing and Urban Development (HUD) can help you find assistance programs in your state.

📞 Bottom Line
Planning for closing costs is essential, and with the right guidance, it doesn’t have to be overwhelming! Let’s connect to ensure you’re fully prepared for your home-buying journey.

Contact Me Today!
Dominique D Thomas
📞 (240) 429-8987‬
📧 [email protected]
💻 dthomasre.kw.com

12/12/2024

🏡 The Real Story Behind What’s Happening with Home Prices 📊

Wondering about the recent fluctuations in home prices? You’re not alone! With so much information out there, it can be challenging to know what to do next.

As a buyer, you might be concerned about overpaying. As a seller, you may worry about not reaching your price goals. Let’s break down what’s truly happening in today’s market, whether you're buying or selling.

🔼 Home Price Growth Is Slowing, But Prices Aren’t Falling
Nationally, home price appreciation is moderating. This means prices are still rising, just not as rapidly as in recent years. As shown in the latest data, home prices are still on the upward trend, even if the pace is slowing down.

📈 What’s Next for Home Prices? It’s All About Supply and Demand
The future of home prices hinges on supply and demand, which varies by local market. While the number of homes for sale is increasing, there still aren’t enough to meet buyer demand, keeping upward pressure on prices. According to Danielle Hale, Chief Economist at Realtor.com:

“Today’s low but quickly improving for-sale inventory has ushered in more market balance than would otherwise be expected... This should help home prices maintain a slower pace of growth.”

Plus, with experts predicting a decline in mortgage rates, more buyers may re-enter the market, which could push prices up slightly.

🔍 Why You Should Work with a Local Real Estate Agent
National trends provide a broad view, but real estate is inherently local. The situation in your neighborhood may differ significantly from national averages. That’s why partnering with a knowledgeable local real estate agent is crucial.

Your agent can offer insights tailored to your specific market, helping you price your home accurately if you're selling or find the right fit within your budget if you're buying.

Bottom Line:
Home prices are still on the rise, just at a more moderated pace. Whether you’re considering buying, selling, or just curious about your home’s value, let's connect for personalized guidance!

📞 Contact Me Today!
Dominique D Thomas
📞 (240) 429-8987‬
📧 [email protected]
💻 dthomasre.kw.com

Address

1441 McCormick Drive, Ste. 1020
Upper Marlboro, MD
20774

Telephone

+12404298987

Website

http://dthomasre.kw.com/

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