Old Town Alexandria: Close to Everything! 211 South Payne Street, Old Town, Alexandria, VA 22314 Offered for $875,000 This two-story brick Colonial Revival style detached townhouse was built in 1900, with a three-bay façade with six-over-one windows and an abbreviated classical cornice. It is in easy walking distance to the King Street shopping and … Continue reading The Best of In-Town Living!
Owners' Continuing Responsibility for Snow/Ice Removal With the arrival of Winter this coming week and the surprise snowfall we had last week, it is time to complete your winter preparations, if you have not done so already. These are particularly important if you have a home listed for sale that is vacant or you are going … Continue reading Winter Preparations Checklist for Homes on the Market
Price - For a Listing and for a Contract of Sale. Sellers and buyers both rely on their agent's expertise and research to help them understand today's market and what are reasonable price expectations. A wrong price can kill a listing or a deal. This single factor is so important. An agent who tries to … Continue reading THE Single Most Important Piece of Information to both Sellers and Buyers
Seven Exceptional Attributes to Look For Finding an excellent real estate agent or Realtor® can be a challenge. There are many to choose from and they all appear eager to help you. But how do you know which will serve your interests and help you best? There are so many to choose from - but … Continue reading Picking a Real Estate Agent?
Maryland and Virginia Among Highest for Technology, Business Friendliness CNN Money.com and CNBC.com just released their 2010 lists – Top Earning Towns, Best 100 Small Cities to Live,and CNBC for Top States for Business– and The Washington Post announced the area’s education level. Bethesda, MD has the highest median family income in the US, according … Continue reading Several Washington DC Areas Among “Best” Places
Mortgage Insurance Premium, Credit Scores, and Seller Contribution Affected On January 20, 2010, FHA announced major changes to ensure its long-term financial soundness. FHA is trying to balance three fundamental objectives: Financial soundness of the FHA insurance fund – ensuring that its capital ratio returns above 2 percent, Fulfilling its mission of serving borrowers not … Continue reading Major FHA Changes Expected to Take Place in Early 2010
Positive Trend Reverses Declines Since 2004 New sales contracts in 2009 for residential properties were 21% ahead of 2008. The number of properties on the market at the end of 2009 was 25% lower than the end of 2008 -- a five month supply. This is a market which most housing economists feel is in … Continue reading Washington, DC Market: 2009 Review and 2010 Outlook
It's All About My Clients ... When clients engage me, either with the renowned Washington brokerage of W.C. & A.N. Miller REALTORS®, exclusive affiliate of Christie's Great Estates, or with Sloans & Kenyon in its marketing association for their luxury real estate needs, they find my service levels cannot be matched. My clients understand … Continue reading The Testimonials Speak for Themselves…..
Owners Removed Homes from Sale Listings In May and June, many sellers, who saw little buyer interest during the Spring market at the prices they were seeking, removed their homes from the market. They feared home values had not stabilized or would not meet their expectations, and they anticipated the market would return stronger in 2-5 … Continue reading Converting a Home to a Rental Property
Uptrend Continues in Pending Home Sales: Source: http://www.realtor.com For the first time in six years, pending home sales are up for the fifth consecutive month, according to the National Association of Realtors®. The last time there were five consecutive monthly gains was in July 2003. “Historically low mortgage interest rates, affordable home prices and large selection … Continue reading August 2009 Real Estate Update
To Discourage Rush Closings, Reduce Last Minute Rescues, and Cut Down Closing Table Changes Both buyers and sellers need to be aware of the changes brought about by the HVCC (see article below) and the Housing and Economic Recovery Act (HERA), which goes into effect July 30, 2009. HERA is intended to better inform the consumer, … Continue reading HVCC, HERA Disclosure Timeframes Slow Closing Process, Ensure Accuracy
You’ve heard it before, the three most important attributes of real estate -- 1) Location, 2) location, and 3) location. Real estate is local. In these economic times, some experts will tell you that in your neighborhood or general location now is not the time to sell your home. But selling … Continue reading Selling in a Region that is Experiencing a Challenging Market
Early 2009 Market Results: Increased Activity for Buyers and Sellers We are two-thirds of the way through of the 2009 Spring Market, and we have had a roller-coaster of regional activity – some areas have popped up in sales, others suddenly are flat – on both sellers’ and buyers’ sides. The news on the economy … Continue reading Hill’s May 2009 Real Estate Update
In a Walker's Paradise near Metro, Shops, Dining! (SOLD!!) MRIS #AX6781522, 211 South Payne St., Alexandria (Old Town), VA 22314. Audio Info line: (240) 575-1878, enter 211# and follow prompts. PRICE IMPROVED by $230K! Now $995,000! WalkScore of 95/100! (see http://www.walkscore.com). This is a beautiful Colonial Revival detached 3 BR 2.5 BA townhome that underwent a TOTAL … Continue reading “Old Town”, 211 South Payne St., Alexandria, VA 22314