buyers market: Buying a Home Online in the DC Metro Area - 01/20/08 03:38 PM

HomeZill is like having a real estate professional at your fingertips 24 hours a day! You can make an offer on real estate in Virginia, Maryland and Washington DC. Whether it’s a town house in Northern Virginia, a DC condo in Georgetown, or investment property in Bethesda MD, simply fill out the Express Offer to get started! And, since you are doing a good amount of the leg-work, shouldn’t you benefit? Well with HomeZill, you do! You will receive up to a 2% cash back VA, DC or MD rebate!
Search for a Home Our online navigation tools allow you … (0 comments)

buyers market: When Making an Offer - 12/14/07 10:27 AM
In this market , it’s your game now Mr. Buyer. The offer that you decide to make only needs to make sense to you. Don’t worry about the thought of being rejected. The reason why, it doesn’t cost you a thing! However, an offer that doesn’t make sense to you could end up costing you a great deal of time and energy.
Problem properties usually can be purchased at great prices, terms or even both at times. When a property goes into foreclosure or has been sitting on the market for months, any offer may look reasonable to a seller. Especially … (2 comments)

buyers market: Don't Be Scared of the Real Estate Market - 12/06/07 11:46 AM
If you’re as busy as the next person, then you probably have not had the time to pick up a newspaper or watch more than 30 minutes of the news. However, I’m sure you have heard from co-workers or friends about the negative press surrounding the mortgage and housing markets. The rancor of this situation has caused some sort of paralysis in the consumers. But where there’s adversity, there’s opportunity. By human nature, we tend to listen to our friends or mentors or should I say go along with what everyone else is doing. We wait for someone to say “It’s … (0 comments)

buyers market: Even Donald Trump Says that Now is the Time to Get into Real Estate - 12/06/07 11:42 AM
Several news sources, including this article from MSN Money, have been saying that now is a great time to buy into real estate. Whether as an investment or as your primary residence, real estate inventory and low interest rates are primed for a buyer’s market in Virginia, Maryland and Washington DC.
Recently on CNBC, even Donald Trump states that “now is the best time to invest” in real estate. Trump also mentions that home owner’s should “contact their bank to negotiate a deal on their mortgage” when facing foreclosure.
There is a small glitch in the middle of the video … (0 comments)

buyers market: Interests Rates Fall - 11/27/07 06:00 PM
30-year fixed rate at 5.82%; 10-year Treasury yield at 3.83% Long-term mortgage interest rates were down Monday, and the benchmark 10-year Treasury bond yield dropped to 3.83 percent.
The 30-year fixed-rate average sank to 5.82 percent, and the 15-year fixed rate fell to 5.4 percent. The 1-year adjustable held at 5.53 percent.
The 30-year Treasury bond yield was down at 4.29 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from … (0 comments)

buyers market: Builder Sale Event- Gainesville VA, Ashburn VA, Lansdowne VA… - 11/19/07 03:19 AM

I came across this Centex Homes-Year End Saving Event ad in an email I received today. The sale includes brand new featured homes and new town homes in Northern Virginia with low prices and big incentives. You will typically find the best builder deals in Virginia, Maryland and Washington DC towards the end of the year (when builder’s need to hit certain numbers for their books), and when a community has only a few homes left. This particular sale includes homes in Ashburn, Gainesville, Lansdowne, Bristow, Stafford and Stephens City, Virginia.
Call us at 888-998-9455 for any questions or if … (0 comments)

buyers market: Water Cooler Chat - 11/12/07 06:37 AM
Last weekend my wife dragged me to a neighborhood barbecue in Northern Virginia. While I was there minding my own business, I was approached by a group of “real estate investors” as they like to call themselves. We all know this group of people. They’re the bunch who has the need to boast about how many properties they own or how flipping properties is as easy as walking down the street. They also seem to carry this plethora of knowledge about the real estate market that not even a Realtor can get their hands on. As they introduce themselves, I saw … (0 comments)

buyers market: Times Are a Changing - 11/12/07 06:35 AM
As much as we don’t want to admit it, the Great Bob Dylan said it first, “The Times Are a Changing”. Can you believe how much has changed just in the past ten years? Just think back to 1997. People didn’t even think about having a cell phone on them, email was only used by computer geeks talking to their cyber buddies, and the only popular thing on the internet was AOL.
Nowadays, people can’t leave the house without carrying their cell phones on them. Checking email is a daily routine and to some it’s a drug, checking their inbox at … (0 comments)

buyers market: You Gotta Believe! - 11/12/07 06:05 AM
One of the best feelings in the world is somebody telling you that you were right. Well this has been pretty standard for me recently<sigh>. The reason being is the fact that we are in a full blown buyer’s market. I don’t know what it takes to get people to believe me, but the people taking advantage of the situation, love me. I get at least 1 phone call a day, with people asking me is it the right time to buy. My answer to them is, “There are a lot of homes on the market right now, which means you … (0 comments)

 
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