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
Watch the July 2018 broadcast of The Probate Nation on Selling District of Columbia Real Estate by an Estate or Conservator, an interview with F. Hill Slowinski, JD by Richard John Ruddy, Jr., Esq. Click on THIS LINK.
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!
Riparian water rights are the rights that landowners have to make "exclusive use" or “reasonable use” of the water that abuts, or flows through or over their properties. Examples of riparian rights include the right to build structures like docks or piers, access to the water for the purposes of swimming or fishing, and the … Continue reading What are Riparian Rights in Maryland and Virginia Waterfront Property?
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
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for … Continue reading Sellers: Your Home Must Be Sold TWICE