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
Brexit and the US Mortgage Market Mortgage rates have fallen to new lows as global investors turned to the 10-year Treasury note as a more stable investment. Affordability, in turn, has increased, with lower mortgage rates making it easier for move-up and first-timers to get into a new home. Similarly, international buyers, who might have … Continue reading Brexit Vote Drives Down Mortgage Rate
Hill Slowinski, through W.C. & A.N. Miller Realtors, A Long & Foster Co., Christie's International Real Estate, and Maryland Settlers LLC, is honored to have been asked to serve as a Vice President and on the Executive Committee of the Chamber's Board of Directors and to commit time and effort to participate in the … Continue reading Hill Slowinski Elected to Executive Committee of Bethesda Chamber
Even if your name's not on the actual mortgage, when you inherit a home with a mortgage, the bank considers whoever owns the home the debtor. In fact, many mortgages require the inheritor to notify the lender if the mortgagee dies. The scary part is that the bank can and some will demand that the … Continue reading Options if You Inherit a Mortgage
The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building Equity John Taylor, CEO of the National Community Reinvestment Coalition, explains that those who lack … Continue reading Homeownership Builds Wealth & Offers Stability
Last week, the National Association of Realtors(NAR) released their Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings. The report revealed that this May’s numbers weren’t quite as good as the year before: “With last month’s decline, the index reading is still the third highest in the past year, but … Continue reading Is Now the Right Time to Put Your House on the Market …or Not?
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