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!
WHAT'S AHEAD FOR 2012? Five Trends... 1. Buyers Will Return In 2011, a lack of consumer confidence in the overall economy dramatically impacted the housing market. Buyers were afraid to make a purchasing decision on any big ticket item. By the end of 2011, consumer confidence began to return and sales increased. Economic conditions will … Continue reading What’s Ahead for 2012? Five Trends …
(Reprinted from The KCM Blog, October 2011. Disclaimer: This blog covers the national housing market as a whole. Please check with a local real estate professional to discover how the following information will impact your region. – The KCM Crew.) Hill's Comment: While the recent S&P/Case-Shiller Index data reflect an overall slight increase in Washington … Continue reading House Prices: Where They Will Be in the Spring
In the Top 3: Notable Results Compared to 2010 levels So far this year, we have seen a remarkable increase in buyer activity (see new listings below) not only in visits to Open Houses in the area but also in the number of contract contracts written on homes on the market. We are also helping … Continue reading Our Market Performance in February 2011 vs. 2010
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
Potomac Village Convenience! -- SOLD!! 10209 Gary Road, Potomac, Maryland 20854 Offered for: $849,000 MRIS #MC7428778 This very well-cared for home is conveniently located in a close-in an established Potomac Village neighborhood which also includes several large upper-bracket properties. It is a beautifully refinished four-bedroom, two full bath and one-half bath split-level home on five … Continue reading Sparkling Potomac Home Offers Village Convenience and More!
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?
In Brookmont, at the C&O Canal 111 Valley Road, Bethesda, MD 20816 MLS # MC9375221 Offered for $649,000 Virtual Tour (SOLD!!) Open House: Sunday, July 25, 1-4 PM In nature's setting with all the upgrades! Along the Chesapeake & Ohio Canal National Historic Park (near Lock 6), close to High Island in the Potomac River … Continue reading A Diamond in Nature’s Setting
4003 Belle Rive Terrace, Alexandria, VA 22309 ▪ FOR SALE: $2,799,000 NOW $2,487,000 Although this riverfront estate on almost an acre on the high Virginia banks of the Potomac River south of Washington is now in service as an elegant private residence, its uncommon security attributes and reinforced construction make it suitable for a variety of … Continue reading Magnificent Mt. Vernon Estate on the Potomac River FOR SALE
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
I will hold an Open House this Sunday for this beautiful Darnestown estate NEW PRICE: Offered for $1,249,000 $1,099,000!-- 13520 Deakins Lane, Darnestown, MD 20874 (outside Potomac off Seneca Road between River Road and Esworthy Road). Just imagine! 8.25 bucolic acres just outside Potomac is the site of this 1964 Colonial with an elegant marble foyer, … Continue reading Open House, Sunday 10/4, 1-4 PM: Grand Darnestown, MD Estate
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