It might as well be said by someone, so why not me? Everyone looking to buy a home is using the Internet. 100% = everyone. Whew, that feels good. After reading this morning’s real estate article in The Washington Post where they regurgitated a National Association of Realtors statistic that only 90% of buyers are using the Internet, I Continue Reading
Understanding inventory pressure
Really, what's the deal? Have you been looking at homes recently only to find that the listing you saw on Trulia.com Wednesday afternoon is now under-contract? Well, that's an issue in some areas for many buyers engaged in Northern Virginia real estate going into Fall 2013. But this three year chart for the entire Northern Virginia real Continue Reading
Luxury Home Builders betting on Vienna Virginia
While having lunch at Panera last week, I spotted a local home builder who I first met at my daughter's pre-school years ago and called him over to chat. After a brief introduction to the crew at my table, he launched into the number of builders who are now aggressively working the Vienna Virginia real estate market. His count was at twelve Continue Reading
Let’s Review those Closing Costs Again
Update: Today's Washington Post (2/12) has a revised advertisement from the credit union that was the subject of this blog post, stating that they will pay $10,000 toward closing costs. Not the $100,000 that they previously advertised. ORIGINAL POST: When a real estate client came to me all pumped up because his Credit Union was offering to Continue Reading
The Clock Strikes 2012
For many folks, as the clock strikes 2012, careful plans to sell their home or to buy one go into action. Setting new goals is an important way of improving your life and making each new year more meaningful than the last. Our lives are short and knowing that you are personally responsible for the life you lead right now (this instant) can be an Continue Reading
What is a Home Inspection?
Although every home buyer wants a home inspection, there really isn't any set criteria to help them know what to expect. If you are a home buyer, an inspection typically takes place after a contract has been accepted or ratified by you and the seller. There will be a set contingency period when you will hire a professional home inspector to make Continue Reading
Want Tips on Making Lowball Offers?
If you are lucky enough to be able to buy a home, I'm sure you are looking for an incredible deal. There hasn't been a week recently when someone hasn't mentioned making a lowball offer and how I can help them get a steal deal. Typical tips are to look for homes that have been on the market for a few months, don't get emotional, to be ready to Continue Reading
Bad News for Vienna Real Estate
(written in 2011) When a Facebook friend posted a link to an MSN article that ranked Vienna Virginia the 2011 #5 Best Housing Market in America, I just had to cringe since those statements never hold true for long. Most articles on MSN come from somewhere else and I quickly discovered that the article originated from Bloomberg BusinessWeek -- Continue Reading
5 Tips for Condo Buyers Paying Cash
Condo buyers that pay cash are typically savvy real estate investors looking to cash in on the current low prices with plans to rent out the properties. Although there are many places where that plan is a good bet, places such as Reston, Virginia may be a whole other story. You see, Reston is an ideal location for investors because a Metrorail Continue Reading
When Should You Respond to Counter Offers?
There isn't anything worse than waiting for an answer. Yes or No. Come on man, just let me know! The tip that I give my Northern Virginia real estate clients is to respond to any type of offer quickly, and to take every one seriously. Speed is very powerful when negotiating. In real estate, a quick response is powerful If that answer is too Continue Reading
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