No matter where you look, inventory shortages are driving the real estate market. With fewer properties for sale, home prices have grown higher while sales periods have tightened. These conditions present tremendous opportunities for sellers, but it can be worrying for those individuals who also need to buy a new property after selling. Thankfully, those … Continue reading Tremendous Opportunities for Sellers Who Prepare
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!
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 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
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
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
The best technique for pricing a home when listing it for sale is setting the asking price just below a round number, according to recent research published by the Journal of Housing Research – an official publication of the American Real Estate Society (ARES). “These findings will help real estate brokers and sellers of homes … Continue reading Study Reveals Best Technique for Pricing a Home
Take a look at some of the most obnoxious spite homes below. Fences wouldn't make a difference in the dispute, except they would be a cheaper alternative! The Froling Spite House Located on a spit of land in Alameda, Calif., a city between Oakland and San Francisco, this 10-feet deep home was erected around the … Continue reading 5 Homes Built Out of Spite
Plan Your Estate while You’re Young Watching financial advisors put their house in order can teach you about building your own plan. You’re never too young, and here’s why. Everyone should make plans so that their wishes are known. First time home buyers are usually just starting out accumulating wealth, and this is the largest … Continue reading Start Planning Your Estate While You’re Young!
8601 Nutmeg Court, Potomac, MD 20854 Offered for $3,895,000 NEW CONSTRUCTION IN POTOMAC FALLS! Click Here for the Virtual Tour Handsomely built by Halco Homes in a classic American style, this luxury estate residence is nestled on a quiet cul de sac in Potomac Falls with direct access to the C&O Canal National Park at … Continue reading Casually Elegant Living!
People always talk about the “spring buying season” when they talk real estate. However, this year it appears as though the summer real estate market will be just as hot. The most recent Foot Traffic Report released by the National Association of Realtors (NAR) revealed that there are more buyers out looking at homes right … Continue reading Area Home Sales Will Remain “Hot” This Summer
Encouraged by strong price increases and hot sales this spring, increasing numbers of owners are listing their homes for sale. But chances are good that millions of owners are making wrong assumptions about the value of their homes, according to two new studies. Wrong valuation assumptions can lead to bad decisions about whether to sell, … Continue reading New Studies Illustrate How Consumers Misjudge Home Values
This has been one of the most read articles in The Washington Post real estate section over the past few days along with a high number of shares on social media so this is clearly a hot topic for our area. What are your predictions for 2015? Will it be better or worse than 2014? … Continue reading MRIS CEO David Charron Shares Predictions For 2015
Among all the market indicators we analyze, occasionally we take a look at foot traffic -‐ how many people actually are out there looking for houses. The Market is still strong, though not as strong as it was last July and August. We don’t have as many distressed properties for people to look at, but … Continue reading High Market Expectations Based on “Foot Traffic” and Affordable Down Payments
-- "What you need to know about if you are selling or buying a home today. Hear from one of the areas most connected and experienced Real Estate Agents around. What do the real estate markets look like right now. Prices are up and inventory is up. What are the trends in housing?" -- Todd … Continue reading Hill Interviewed on Real Estate Radio Network, WRC 1260AM