-- "What you need to know about if you are selling or buying a home today. Hear from one of the areas most connected and experienced Real Estate Agents around. What do the real estate markets look like right now. Prices are up and inventory is up. What are the trends in housing?" -- Todd … Continue reading Hill Interviewed on Real Estate Radio Network, WRC 1260AM
A brand new study done by Gallup shows that if you take a look at all the different types of investment, real estate ‐ according to their poll ‐ real estate still comes out as the best long‐term investment available. Here is an Infographic that illustrates the poll results. There has never been a time … Continue reading Real Estate Seen as a Better Investment by All Age Groups
Don't Wait! Move Up to the Home You Always Wanted Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates are still below 5%. However, sellers should realize that … Continue reading Don’t Wait! Move Up to the Home You Always Wanted
Buying - Selling - Renting? Review Your Preparations NOW I encourage you if you are considering buying, selling or renting in the next six months or so to call me now (301-452-1409) as the predictions are the real estate market will be more robust in the first half of 2014. If you are selling, my Homeseller's Handbook provides … Continue reading Buying – Selling – Renting? Review Your Preparations NOW
Current Trends -- Different from Last Year Where we are now: Prices are Leveling Off Inventory is Increasing Interest Rates have Decreased Slightly Activity is Returning to Seasonal Cycles List prices for homes in 2/3 of the largest metropolitan areas are cooling. In fact, they are falling, not just rising more slowly, in 11 of … Continue reading Current Trends — Different from Last Year
The 3.8% Tax: What's True, What's Not Ever since health care reform was enacted into law more than two years ago, rumors about the 3.8% Medicare tax continue to circulate. The tax doesn't target real estate and will in fact affect very few home sales. Here's the definitive word on what's true and what's not … Continue reading The 3.8% Tax: What’s True, What’s Not
"INFOGRAPHICS" on the Market Here are three interesting and illustrative infographics on the current national perspective on the real estate market, the cost of waiting to buy, and the benefits to buyers and sellers in hiring an experienced full-time professional when buying or selling real estate in today's transitional environment ___________________________________________ F. Hill Slowinski, JD, REALTOR® in DC, MD, and VA … Continue reading Infographics: the Real Estate Market
Specialized Support for High-Value Clients What sets my help apart from the rest when it comes to representing high-end properties and clients? It is unmatched -- Experience, negotiation expertise, integrity, and highly developed programs that successfully support client goals and objectives. On the purchase side, the first is for those clients who prefer the confidentiality, flexibility, … Continue reading Specialized Support for High-Value Clients
Save 35%, 40%, Even 50% or More - Where to Buy Instead of Rent! Updated reports indicate while rents continue to increase at a significant rate, the cost of homeownership is remarkably more affordable. The infographic below shows where buyers can realize significant savings over time. Nationally it is 44% cheaper to buy versus rent. In fact, homeownership is … Continue reading Save 35%, 40%, Even 50% or More – Where to Buy Instead of Rent!
QRM: Buyers and Sellers Benefit More by Acting Now Rather than Later Our best advice to our clients (BOTH Buyers and Sellers) is to act now ahead of the implementation of the Qualified Residential Mortgage rules being issued later this year. Further explanation of these rules follows, but you must be aware of the potential impact this: Buyers will … Continue reading QRM: Buyers and Sellers Benefit More by Acting Now Rather than Later
Weighing COST over PRICE is Significant We have often advised buyers to look at the COST of purchasing a house more than the PRICE of the home. Price is only part of the cost equation. The other piece, assuming you are not an all cash buyer, is the mortgage rate. The mortgage rate to finance … Continue reading Weighing COST over PRICE is Significant
$625,000 To Be Maximum Loan Amount in Much of DC Area More buyers in high-cost areas may be motivated to purchase a home before an Oct. 1 deadline when the government plans to scale back the size of “jumbo” mortgages it guarantees in much of our real estate markets. By Oct. 1, the maximum … Continue reading Deadline for ‘Jumbo’ Mortgage Rate Change October 1
"Happy Valentine’s Day!" Clients are asking, “Should I put my house on the market now, or should I wait?” and “Should I buy now, or should I wait?” What about Thanksgiving, the Holiday season, or New Year’s? What about buyer interest and showings and open houses? Why not wait? It’s November. Prices have stabilized. Inventories … Continue reading Whether To Buy or To Sell During the Holidays – Yes!
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
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