Featured Listings
4305 Van Ness Street, NW
Washington, DC 20016
Quick Search
3212 Porter St, NW
Washington, DC 20008
4416 Butterworth Pl NW
Washington, DC 20016
4432 45th Street, NW
Washington, DC 20016
4425 Windom Place, NW
Washington, DC 20016
4246 Warren St, NW
Washington, DC 20016
for visiting my website and for considering me for your real estate needs. Did you know that 87% of home buyers use the internet to search for a new home? 38 million home buyers search the internet each month for real estate information. One in three buyers finds the home they ultimately purchase on the internet.
 |
Start your property search here with access to thousands of MLS listings.
|
 |
Be Smart! Don't pay more than you have to for your next home.
|
|
Sell your home at the Right Price, at the Right Time in the Right Way.
|
 |
|
|
|
|
That’s the headline in a recent Washington Examiner article about the state of the region’s real estate market. Um...we think there are a lot of sellers who would call the veracity of that attention-grabber into question.
This is a common refrain from prospective home sellers in today’s market, and we understand that sentiment. No owner wants to get less than their home is worth, and when we’re representing a seller it’s our job to make sure they get full market value. An important part of that task is making sure that the homeowner is equipped with the best information about the market to help them make rational decisions.
Turn Into The Skid And Take Your Foot Off The Accelerator
That’s wise advice when driving in bad weather. When you hit a rough spot in the road and start to skid, every instinct screams out to hit the brakes and turn the steering wheel hard in the opposite direction. But Driver’s Ed 101 teaches us that gentle corrective action will let you straighten out and start heading the right way – and then equally gentle pressure on the accelerator lets you get moving again. We hope that simple lesson isn’t lost on our nation’s housing policy makers.
But not when it’s the real estate market. Six months ago, the national conversation was about when the housing market recovery would start, but there’s far more talk now about whether we’re headed back downhill. So how likely is a double-dip in the District’s market?
Let’s take a look at six key indicators: Prices, unemployment, inventory, contract activity, mortgage
delinquencies, and “velocity.”
Beginning with loans locked on or after October 1st, the temporary conforming limit for the DC Metro area will be reduced from $729,750 to $625,500. With the nationwide conforming limit at $417,000, and the conforming jumbo loan limit not to exceed $625,500, our area has enjoyed the use of this higher temporary limit since it was introduced in 2008 through the Housing and Recovery Act.
|
The Pundits Say Now Is The Time To Buy A House. Really?!?
Home prices are lower. Surprisingly, mortgage interest rates remain near historic lows. The economy - at least in this region - seems to be improving. So this has to be a great to buy, right?
|
|
"I Know It's Not Right, And I Don't Care"
That's what the founder of one of the leading automated home valuation sites (AVMs) had to say when asked about the accuracy of the estimates of home values on his website. His business model is based on selling advertising on his site, and attracting eyeballs is the objective - advertisers pay for traffic. In our view, wrapping lots of maps and graphs around inaccurate information is the cyber equivalent of putting lipstick on a pig.
|
|
Market Outlook For 2011 - A Matter Of Perspective "Call it befuddling and confusing...continuing low interest rates...the threat of what might be part of the overhaul of the federal tax system and the deductions for interest payments on the principal residence…" These comments |
|
Never Ask A Barber If He Thinks You Need A Haircut Warren Buffett has used this idea as a key investment strategy to remarkable success - be very wary of biased advice. The real estate parallel is "Never ask a REALTOR® if it's a good time to buy or sell."
|
Sold In 30 Days Or Less?
With all of the bad press real estate seems to be getting these days, would you be surprised to find that half of the homes going under contract in Washington, DC are on the market 30 days or less?
