I am sure you’ve seen or heard the headlines: "Interest rates are rising." Homeownership is no longer affordable." "The real estate market is headed for a bubble." While what is being said in the news media attracts attention, it’s critical to take a broader look at the housing market and historical trends to understand … Continue reading Take A Broader Look at the Housing Market
February 2019 Update: Low levels pushing prices for D.C. Metro areas to record February highs. Sales continue to slow. The February 2019 Washington D.C. Metro area median home price of $427,000 was up 4.1% or $17,000 from last year and marked the 29th consecutive month of year-over-year price increases. Sales volume across the DC Metro … Continue reading Metro DC Inventory Remains Historically Low
GUIDES FOR 2019 Clients call me because they know they have had a highly experienced professional from the top brokerage working for them. If you are planning to sell or buy during the upcoming Spring or Summer market, call me now for a complimentary confidential consultation to review your preparations for sale or purchase. My … Continue reading Planning to Buy or Sell? My Popular Guides for 2019 Are Now Available
There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, … Continue reading Where are Home Values Headed over the Next Few Years?
Dear Friends, The real estate market is very attractive for homeowners right now. Housing inventory is down, prices are rising and, while mortgage rates remain low, they will likely grind higher through 2018. As you know, real estate is very similar to the stock market in that you’d like to “buy low and sell high”. … Continue reading Demand is Rising for Properties Like Yours!
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
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the … Continue reading 4 Reasons to Buy a Home This Winter!