For years and years, we dream of the home we'd like to call our own. Your first home is usually cozy and warm, and then you start to have kids. This is typically the first time that homeowners believe that upsizing is necessary. Although the traditional notion for homeowners is that bigger is better, in … Continue reading Signs It Might Be Time to Downsize
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
(Reprinted from The KCM Blog, October 2011. Disclaimer: This blog covers the national housing market as a whole. Please check with a local real estate professional to discover how the following information will impact your region. – The KCM Crew.) Hill's Comment: While the recent S&P/Case-Shiller Index data reflect an overall slight increase in Washington … Continue reading House Prices: Where They Will Be in the Spring
3800 Fulton Street, NW, Washington, DC 20007 MLS #DC7690818, Offered for $1,150,000 (WITHDRAWN) This sun-filled 1920s Federal semi-detached home has been thoughtfully updated throughout. The complete renovation, including new windows and systems, retains many of the original architectural details with a handsome contemporary flair. There are three bedrooms, a sitting room or den, two new full … Continue reading A Federal Gem, Near The National Cathedral and Georgetown!
Selling Clients Ask 'What Methods Best Solicit Offers?' Each listing, each buyer, and each offer is different. I apply several strategies in response to expressions of interest and to encourage potential offers to a particular listing. I rarely have direct initial contact with buyers who are not my own clients as they are represented by their own … Continue reading Stimulating Offers from Prospective Buyers
$625,000 To Be Maximum Loan Amount in Much of DC Area More buyers in high-cost areas may be motivated to purchase a home before an Oct. 1 deadline when the government plans to scale back the size of “jumbo” mortgages it guarantees in much of our real estate markets. By Oct. 1, the maximum … Continue reading Deadline for ‘Jumbo’ Mortgage Rate Change October 1
A Private Estate Home in Bethesda (SOLD!!) "The Waterford" 7220 Armat Drive, Bethesda, Maryland 20817 Offered for $1,855,000 This luxury estate residence blends classic materials in a traditionally elegant yet very practical and comfortable home. Key features include paneled library/study, elevator, in-ground heated pool with sub-meter, new natural gas generator, and five fireplaces. Multiple French … Continue reading “The Waterford” Limited Edition Luxury Residence