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
Washington DC
GCAAR Recognizes Hill Slowinski with Award for 2018
March 4, The Greater Capital Area Association of Realtors recognized sales superstars at an wards Event held to recognize and celebrate the 2018 achievements of GCAAR REALTORS ®. Hill was honored to receive the Silver Award for his success in 2018.
Metro DC Inventory Remains Historically Low
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
What To Do If You Might Buy or Sell a Home in 2019
It’s hard to believe that 2018 is soon coming to a close. With the New Year fast approaching, you may be thinking about what you should do if you might buy or sell a home in 2019. While many people wait until spring to begin their home-buying or selling process, I’m here to tell you … Continue reading What To Do If You Might Buy or Sell a Home in 2019
Prepare for Cooler Weather — Fall is here!
The leaves are starting to fall from the trees, it’s getting darker earlier and many people—myself included—have broken out their winter coats. While it may not officially be here, winter is certainly coming. To help you prepare for cooler weather, I’ve put together this list of five helpful home maintenance tips. Completing these simple tasks … Continue reading Prepare for Cooler Weather — Fall is here!
Where are Home Values Headed over the Next Few Years?
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?
VIDEO: Selling Real Estate by Estate/Conservatorship in DC
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.
My Letter to You on the Washington Market
As a real estate professional, I’m often asked if now is a good time to buy or sell a home. The answer is yes! It’s a great time to move, and I’d like to tell you some of the reasons this is such a unique market. Property values have been increasing in most places across … Continue reading My Letter to You on the Washington Market
Tips for Maintaining Your Home in Spring
Tips for Maintaining Your Home in Spring If you’re like me, you’re always happy to see warm weather arrive so you can enjoy not only the inside of your home, but the outside too. You’ll get even more enjoyment if your house is in good repair, and you have taken measures to address the effects … Continue reading Tips for Maintaining Your Home in Spring
The Lack of Inventory Makes for a Seller’s Market
As usual, with the spring market comes a fluster of buyers in the market, but much to their surprise this year — very little inventory. This lack of inventory is restricting the amount of homes being sold and driving up prices. For the entire Bright MLS market, first quarter sales were 2.2% lower than last … Continue reading The Lack of Inventory Makes for a Seller’s Market
Don’t Wait to Sell Your House! Buyers Are Out Now
Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see how … Continue reading Don’t Wait to Sell Your House! Buyers Are Out Now
Demand is Rising for Properties Like Yours!
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!
What are Riparian Rights in Maryland and Virginia Waterfront Property?
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?
CMAs, BPOs, AVMs and Appraisals Explained
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
Winter Maintenance Must-Dos
Failure to prepare your home for the upcoming winter months can have dire consequences on your wallet, as well as pose a safety hazard for others. Even those in warmer climates will want to be careful this time of year: Everyone can benefit from an annual maintenance tune-up, and even in the South a winter … Continue reading Winter Maintenance Must-Dos