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

Work • Live • Play: Urbanizing Suburbia in Montgomery County’s New Downtowns

The Board of Directors and Hill Slowinski, Co-Chair of the Real Estate Committee of The Greater Bethesda-Chevy Chase Chamber of Commerce, cordially invite you to its 2014 Real Estate Presentation Urbanizing Suburbia in Montgomery County's New Downtowns Work • Live • Play Friday, June 6, at The Round House Theater, Bethesda, MD from 7:30 AM … Continue reading Work • Live • Play: Urbanizing Suburbia in Montgomery County’s New Downtowns

Buying – Selling – Renting? Review Your Preparations NOW

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

Save 35%, 40%, Even 50% or More – Where to Buy Instead of Rent!

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

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

More Reasons to Sell Found in Understanding the Current Market

More Reasons to Sell Found in Understanding the Current Market These infographics illustrate the current US housing market trends:   Long-Term Return on Investment continues to outpace the stock market: Mortgage Rates continue to reach historic lows, now at or below 3.75% The July 2012 S&P Case-Shiller chart below shows the 10- and 20-city indices. … Continue reading More Reasons to Sell Found in Understanding the Current Market

Whether To Buy or To Sell During the Holidays – Yes!

"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!

HVCC, HERA Disclosure Timeframes Slow Closing Process, Ensure Accuracy

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