Tweet Breathe Easy The benefits of regularly changing the heating and air-conditioning filters are obvious to homeowners; the real challenge is creating a system to make sure it gets done. A reasonable schedule would be to replace it with a new one-inch pleated filter every 60-90 days. Households with shedding pets should consider replacing them…
Author Archives: James
Tip of the Week – May 17th
Tweet This week Tom spoke with one of our trusted lenders about FHA Loans. Click to Watch!
What’s Ahead For Mortgage Rates This Week –
Tweet Mortgage rates rose last week with average rates a 30-year fixed rate mortgage rising from last week’s 3.35 percent to 3.42 percent with buyers paying all closing costs and 0.7 percent in discount points. Average rates for a 15-year fixed rate mortgage rose from 2.56 percent to 2.61 percent with buyers paying their…
Whose Commission Is It?
Tweet Whose Commission Is It? One of the most common reasons buyers want to deal directly with the seller is because they feel they can save the commission. It’s a valid consideration but interestingly, it’s the same reason the seller isn’t employing an agent. Both parties cannot save the commission. The buyer feels they have…
“Please take our offer…”
Tweet “Please take our offer…” It’s interesting that the housing climate has changed so quickly. Some buyers, who think they’re still in the driver’s seat, find the market is now going up and they’re losing the home that they really want. Multiple offers are increasingly more common and buyers are frustrated because even full-price…
Cut Refinancing Expenses
Tweet Cut Refinancing Expenses Every single day, homeowners who are excited about lowering their rate have a tendency to ignore the refinancing costs because they’re being rolled back into the new mortgage. If the payment is lower than what they’re currently paying and there’s no money out of pocket, it seems like a good…
When to Sell the Temporary Rental
Tweet When to Sell the Temporary Rental Some homeowners, who were not able to sell during the recession, chose to rent their homes instead. In some cases, they didn’t need to sell their home at the depressed prices and opted to rent it until the market recovered. It’s a valid strategy but there are time…
Listing of the Week… (NOT)
Tweet Here is a new listing which just hit the market. No it is NOT our listing; we would market our property “differently”. I of course have nothing negative to say; some would say that is unethical; so I will let the public MLS shown below; speak for itself. NOTE: THIS IS THE ACTUAL PUBLIC…
This amazing home went under contract in 3 days!
Tweet The market has changed. There is no guessing if the Real Estate market in DC is a sellers or a buyers; it has shifted. Homes are selling fast and for list price and above. This home marketed by the MetroDCHouses Team; had multiple offers in 2 days.
Why New Projects won’t impact Pricing in Washington DC
Tweet I was recently asked my thoughts on housing prices in DC; giving that once again DC is seeing a new boom in construction of condos. Will this new boom drive down prices? Will the supply be too much? While I do not have a crystal ball – let me give my thoughts as to…
