"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
real estate market
Market Perspective: Jeff Detwiler, President/COO, The Long & Foster Companies
Market Perspective: Jeff Detwiler, President/COO, The Long & Foster Companies Demand for housing is normal; supply/inventory remains below average because of: 1) An inability to meet builder profit margin requirements. Why? 1. Owners still have negative equity 2. Consumers continue to deleverage their debt 3. Mortgage financing is still attractive 2) The mortgage interest rate … Continue reading Market Perspective: Jeff Detwiler, President/COO, The Long & Foster Companies
Don’t Spin Your Wheels!
Don't Spin Your Wheels! A financing colleague recently described many sellers and buyers as "spinning their wheels". They don't seem to know why their expectations are not being met. They are confused and frustrated, especially as they see others succeeding where they have not. He is correct in describing those who do not understand what to do … Continue reading Don’t Spin Your Wheels!
Washington, DC Market Second Quarter 2010
Prices, Inventories Provide Reasons for Optimism Market Summary Fueled by the expiration of the Federal Homebuyer Tax Credit, a strong spring market boosted combined year-to-date sales of single-family homes, condominiums, and cooperatives to a 36% increase over 2009 at the end of the second quarter. The inventory of available homes and units began its typical … Continue reading Washington, DC Market Second Quarter 2010