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9 Tips to Guide for Your Home Search
1. Research before you look. Decide what features you most want to have in a home, what neighborhoods you prefer, and how much you’d be willing to spend each month for housing. 2. Be realistic. It’s OK to be picky, but don’t be unrealistic with your expectations. There’s no such thing as a perfect home.... Continue reading→
Essential Negotiating Skills
1. Be prepared. This works for negotiators just as it does for Boy Scouts. Be sure all facts are available and verified before you begin. Postponements for fact-finding can bog down the negotiation. 2. Present a united front. You might not agree with your clients’ position but don’t share that with the other side during... Continue reading→
4 Reasons Your Listing Might Not Be Selling
Do you have a home lingering on the market? MSN Real Estate recently polled real estate professionals to find some of the most common reasons why some properties won’t sell, besides trying to overcome a poor location. Here are four common reasons listings don’t sell in a timely manner, according to the MSN survey: Unreasonable... Continue reading→
Home Preferences of Millennials
The Millennial generation is showing a preference for fixer-upper houses over the “cookie cutter” luxury homes their parents’ generation tended to desire, according to a national survey by Better Homes and Gardens Real Estate. About one in three 18-to-35 year olds recently surveyed say they prefer a “fixer-upper” home with minimal repairs needed. Forty-seven percent... Continue reading→
Global Luxury Market Is Booming
The international luxury real estate market appears to be relatively immune to economic headwinds, according to a report by Christie International Real Estate, a luxury real estate affiliate network. Christie’s International Real Estate Index monitors record sales prices, prices per square foot, among other indicators in the global luxury real estate market. London emerged at... Continue reading→
Foreclosed Home Owners Are Back and Want to Buy Again
Home owners who once lost their home to foreclosure have returned to the market, eager to buy once again. These “boomerang buyers” could make up a large number of the future housing market, considering their numbers. Since the housing crash, 4.8 million borrowers have lost their home to foreclosure and 2.2 million did a short... Continue reading→
Seller’s Market Emerges This Spring: Are You Ready?
The inventory of homes for sale has reached its lowest level since 1999, which is helping home prices to rise in many markets, says Lawrence Yun, the National Association of REALTORS®’ chief economist. “Buyer traffic is continuing to pick up, while seller traffic is holding steady," Yun says. "In fact, buyer traffic is 40 percent... Continue reading→
Kiplinger: Housing Recovery Firmly Underway
Prices are rising and inventories are falling in markets throughout the United States, which has led financial reporting and forecasting firm Kiplinger to declare the housing recovery “firmly” in motion. Moreover, the company says housing will help carry the overall economy at a time when U.S. exports are decreasing, says Karen Mracek, a Kiplinger editor... Continue reading→
5 Important Tips for Condo Buyers
If you are looking or even just thinking about buying a condominium home, it's perfectly natural to feel a little nervous. Buying a condo and owning your own home is a large, life changing purchase. Indeed, any individual thinking about buying a condo needs to know what to expect and how to prepare for those... Continue reading→
Port Potomac Renovations
Here are the finishing touches on a property we manage in Woodbridge.