Inventory continues to be tight in the DC market, making it a challenging time for buyer, and prices are containing to rise. On a positive note, interest rates are likely to continue dropping and the labor market is very strong with both wages and job numbers increasing, which will go a long way to helping buyers. Sellers who price their homes based on market trends are selling quick sales! But pricing a home right remains key in addition to proper staging and full exposure on the MLS. For ... continue reading...
DC Home Prices Continue Their Ascent
The Real Estate Business Intelligence reports: Rockville, MD – (June 11, 2019) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by Elliot Eisenberg, Ph.D. of MarketStats by ShowingTime and is based on May 2019 Bright MLS housing data. OVERVIEW The May 2019 Washington D.C. Metro area median home price of $480,000 was up 3.2% or $15,000 compared to last year and was the highest overall median sales price of the decade, breaking the previous ... continue reading...
Get Maximum Exposure
Our aggressive marketing plan helps home sellers secure a successful transaction quickly and with less hassle. We direct our efforts to a winning strategy focused on getting the highest price for your home sale. Key to this is determining the right price for your home, providing a professional and multi-faceted marketing approach, and offering guidance and understanding on the strengths and weaknesses of different offers. That guidance begins with a comprehensive home market ... continue reading...
Optimism about the Local Real Estate Market: Focus on S. Alexandria
With the New Year in full swing, home owners and potential buyers may be wondering what’s going on in the real estate market. Our local Bright MLS does a regular analysis of market trends. Overall, it reveals that the D.C. metro market remains strong, but the number of homes and eventual sales remain low, particularly when compared to the very hot market of the early 2000s. We can speculate about what that means. Some people say it’s indicative of looming housing bubble or other major ... continue reading...
Should I ‘Stage’ My Home to Improve My Sale Chances?
If you want to sell your home sooner, stage it. At least that’s what the numbers say. According to data from The International Association of Home Staging Professionals, 95 percent of homes staged by an Accredited Staging Professional® (ASP) sell in 11 days or less and sell for 17 percent more than non-staged homes. The average non-staged home is on the market for 90 days! If you want some more data, check out www.stagedhomes.com. We at D.C. Region Real Estate thought we’d take a closer ... continue reading...
Home Remodeling to Sell: Dos and Don’ts
The Washington Post has a useful piece on easy upgrades that home sellers can do to make their homes more attractive to buyers. The best part about it: It does not recommend that people do too much. While some real estate agents might tell sellers to pursue expensive upgrades like new tiling and expensive appliances, that may not be good advice. In fact, sellers may not get their money back for those items when they sell. Extensive cleaning, repairing and paint are the best bets. Remodeling ... continue reading...
Step by Step Home-Buying Guide
The first time around, home buying can be intimidating, but the steps are relatively simple, and we are here to guide you through each transition. Here’s a quick step-by-step overview of the process. 1—LOAN PREAPPROVAL. The first step is to find a lender and get preapproved for a loan. This way you will know how much you can borrow and will be ready to make an offer when you see the home you love. We recommend you shop for the best rates and terms and ask lenders to give you an estimate of ... continue reading...
FREE HOME-BUYING BOOK AND CONSULTATION
Thinking about buying a home but have no idea where to start? We offer a free, no-strings-attached home-buyer consultation and a book that outlines the entire process! Meet us for coffee at a convenient location and we will help you understand the steps, the costs, and how to plan for your home purchase. Even if you are not ready to buy for a while, it's worth learning these home-buying details so you will gain a better understanding of how much you need to save, what you can afford, and what to ... continue reading...
7100 Danford Place, Springfield –Sold $557,000
REMODELED SPRINGFIELD HOME ON QUIET CUL-DE-SAC Centrally located with easy access to key highways, this beautifully remodeled five-bedroom, three-full-bath Springfield rambler has loads of extras. The main level features newly refinished (2018) wood floors throughout, three bedrooms, bright living room with a picture window overlooking the back yard’s scenic dogwood trees. The living room opens to a separate dining room that connects to the remodeled kitchen (2010) with gorgeous cherry ... continue reading...
Price Your Home to Sell
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