One of my real estate associates at RE/MAX Presidential recently went on a vacation and I agreed to handle her clients. Yes, we all need vacations (even real estate agents) to recharge our batteries and add a little adventure to our lives. In her case, it was a motorcycle trip in Wyoming and Montana with her husband. One of the cases involved a Continue Reading
Are you thinking about RE BarCamp DC in October?
Hopefully it isn't too late for you to register to attend RE BarCamp DC being held on October 27th, 2009 at the NVAR Herndon Center near the Reston Town Center. It's free for attendees but you need to register right now. To see who is coming, you should check here. Let me be clear; this is not a conference with a featured speaker, there will not Continue Reading
The truth about Option-ARM’s and traditional ARM’s
What the heck is an Option-ARM and why do they get headlines? In the Option-ARM mortgage, the borrower can decide how much she will pay each month. For example, the true Principal and Interest payment is $1,500 per month but the borrower decides to pay only $1,300 per month. That extra $200 per month then gets added to the principal due. It Continue Reading
Home buyers need a plan, and be ready to pull the plug…
It has taken a couple of months, but you are now walking up the stairs and into your new home. It’s actually a little bigger than you thought and you can’t wait to paint the kitchen, replace the carpet, get the FiOS set up, and turn in the keys at the old place. Maybe even take a dip in the pool! Nice story, but this is the type of mental image Continue Reading
Filling in the Vienna Insider’s Guide… slowly
Most of the time putting together this blog is so exciting that I can't wait to get rolling every day. But often it seems like it may never get done since every new idea breeds another, and yet another brilliant idea. And the actual selling of real estate gets heavy too. As a result, my older concepts get back-logged as I try to produce Continue Reading
Figuring out the McLean Home Market… July 2009
With all you read about the July real estate market, I was surprised to read through the MRIS data for the two McLean, Virginia zip codes, 22101 and 22102. The sales numbers remain down although prices have dropped and mortgage rates were close to 5% on 30-year loans. The strength of the McLean home market is its strategic location keeping this Continue Reading
Figuring out the Vienna Home Market… July 2009
You may be bombarded with July's real estate sales data but I want to keep it simple, and the Vienna home market in the 22182 zip code appears to have picked up pace in July over 2008's numbers. If you are a seller with a home priced over $800,000 then you are still searching for a needle in a haystack. I just looked over real estate resale data Continue Reading
Back from the road… and lots of questions.
As I pulled into my driveway in Vienna, so ended a long trip through New England ranging from fun in Acadia National Park to the sunny shores of Narragansett, Rhode Island. Being a real estate agent can spark a conversation almost anywhere, and I wound up answering questions from friends who are considering buying a property in Colorado. The Continue Reading
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