The best technique for pricing a home when listing it for sale is setting the asking price just below a round number, according to recent research published by the Journal of Housing Research – an official publication of the American Real Estate Society (ARES). “These findings will help real estate brokers and sellers of homes … Continue reading Study Reveals Best Technique for Pricing a Home
Author: F. Hill Slowinski
Brexit Vote Drives Down Mortgage Rate
Brexit and the US Mortgage Market Mortgage rates have fallen to new lows as global investors turned to the 10-year Treasury note as a more stable investment. Affordability, in turn, has increased, with lower mortgage rates making it easier for move-up and first-timers to get into a new home. Similarly, international buyers, who might have … Continue reading Brexit Vote Drives Down Mortgage Rate
Hill Slowinski Elected to Executive Committee of Bethesda Chamber
Hill Slowinski, through W.C. & A.N. Miller Realtors, A Long & Foster Co., and Maryland Settlers LLC, is honored to have been asked to serve as a Vice President and on the Executive Committee of the Chamber's Board of Directors and to commit time and effort to participate in the vibrant business community which The … Continue reading Hill Slowinski Elected to Executive Committee of Bethesda Chamber
Options if You Inherit a Mortgage
Even if your name's not on the actual mortgage, when you inherit a home with a mortgage, the bank considers whoever owns the home the debtor. In fact, many mortgages require the inheritor to notify the lender if the mortgagee dies. The scary part is that the bank can and some will demand that the … Continue reading Options if You Inherit a Mortgage
Homeownership Builds Wealth & Offers Stability
The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building Equity John Taylor, CEO of the National Community Reinvestment Coalition, explains that those who lack … Continue reading Homeownership Builds Wealth & Offers Stability
Is Now the Right Time to Put Your House on the Market …or Not?
Last week, the National Association of Realtors(NAR) released their Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings. The report revealed that this May’s numbers weren’t quite as good as the year before: “With last month’s decline, the index reading is still the third highest in the past year, but … Continue reading Is Now the Right Time to Put Your House on the Market …or Not?
5 Homes Built Out of Spite
Take a look at some of the most obnoxious spite homes below. Fences wouldn't make a difference in the dispute, except they would be a cheaper alternative! The Froling Spite House Located on a spit of land in Alameda, Calif., a city between Oakland and San Francisco, this 10-feet deep home was erected around the … Continue reading 5 Homes Built Out of Spite
How I Win in a Multiple Offer Situation
How Do I Get My Clients an Advantage in Multiple Offer Scenarios? When making an offer on a home you've fallen in love with, don't let a multiple offer situation discourage you from putting forth your best effort. You've made an offer on the home of your dreams, and you can't wait until you get … Continue reading How I Win in a Multiple Offer Situation
Planning to Buy or Sell? Let’s Review Your Preparations
My best clients are the most prepared buyers and sellers. They contact me directly for a preliminary consult to identify and focus on their goals and so that I can understand their lifestyle needs. No two clients, no two homes, and no two transactions are ever alike. Clients' needs are complex and unique. To help … Continue reading Planning to Buy or Sell? Let’s Review Your Preparations
Casually Elegant Living!
8601 Nutmeg Court, Potomac, MD 20854 Offered for $3,895,000 NEW CONSTRUCTION IN POTOMAC FALLS! Click Here for the Virtual Tour Handsomely built by Halco Homes in a classic American style, this luxury estate residence is nestled on a quiet cul de sac in Potomac Falls with direct access to the C&O Canal National Park at … Continue reading Casually Elegant Living!
Area Home Sales Will Remain “Hot” This Summer
People always talk about the “spring buying season” when they talk real estate. However, this year it appears as though the summer real estate market will be just as hot. The most recent Foot Traffic Report released by the National Association of Realtors (NAR) revealed that there are more buyers out looking at homes right … Continue reading Area Home Sales Will Remain “Hot” This Summer
New Studies Illustrate How Consumers Misjudge Home Values
Encouraged by strong price increases and hot sales this spring, increasing numbers of owners are listing their homes for sale. But chances are good that millions of owners are making wrong assumptions about the value of their homes, according to two new studies. Wrong valuation assumptions can lead to bad decisions about whether to sell, … Continue reading New Studies Illustrate How Consumers Misjudge Home Values
How to Prepare to Downsize
I know from personal experience that downsizing takes time. (After 18 years with 4 children in the home, it took my family two years!) More than half of boomers will look to downsize, either by purchasing a smaller home or purchasing a home of equal size with reduced expenses. If downsizing seems daunting, remember this: … Continue reading How to Prepare to Downsize
Housing Market Set to “Spring Forward”
Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward”! Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in their … Continue reading Housing Market Set to “Spring Forward”
MRIS CEO David Charron Shares Predictions For 2015
This has been one of the most read articles in The Washington Post real estate section over the past few days along with a high number of shares on social media so this is clearly a hot topic for our area. What are your predictions for 2015? Will it be better or worse than 2014? … Continue reading MRIS CEO David Charron Shares Predictions For 2015
