This article explains the four most common valuation methods used for real property transactions and how and when they are used. It’s important to note that the methods below are not necessarily mutually exclusive. Lenders, servicers, investors, and other professionals use one or more of these valuation methods, depending on circumstances and the type of … Continue reading CMAs, BPOs, AVMs and Appraisals Explained
DC area prices reach highest monthly level on record in May
Washington D.C. Metro home prices set new all-time high of $460,000. May closed sales and new pending sales at decade highs; inventories continue to shrink by double-digits. Rockville, MD – (June 12, 2017) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by Elliot Eisenberg, Ph.D. of MarketStats by … Continue reading DC area prices reach highest monthly level on record in May
Online Real Estate Information Resources
Where to look? What to rely on? How to keep current? I initiated this blog years ago because my Clients need and want trustworthy and informed resources on real estate matters. My clients also get prompt access directly to me to address important questions and issues they encounter and to prepare them for the transactional … Continue reading Online Real Estate Information Resources
The Difference an Hour Makes!
Ever wonder what happens every hour in the housing market?
America’s MOST Expensive Home For Sale
The Details: 38,000 sq ft new construction home +17,000 sq ft of entertainment decks, 2 master suites, 10 oversized VIP guest suites, 21 luxury bathrooms, three gourmet kitchens, five bars, massage studio/wellness spa, state-of-the-art fitness center, 85-foot glass tile infinity swimming pool, 40-seat 4K Dolby Atmos Theater, four lane bowling alley/lounge, auto gallery with cars … Continue reading America’s MOST Expensive Home For Sale