senior community maryland: Economists Forecast Recovery to Begin in the Second Half of 2020 - 05/30/20 04:20 AM
Economists Forecast Recovery to Begin in the Second Half of 2020
With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will play out, expert economists around the country are becoming more aligned on when the recovery will begin.
According to the latest Wall Street Journal Economic Forecasting Survey, which polls more than 60 economists on a monthly basis, 85.3% believe a recovery will begin in the second half of 2020 (see … (2 comments)

senior community maryland: Why This Summer Is the 2020 Real Estate Season for Leisure World of MD - 05/28/20 05:42 AM
Why This Summer Is the 2020 Real Estate Season for Leisure World of MD
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate.
Joel Kan, Economist at The Mortgage Bankers Association (MBA) notes:
“Applications for home purchases continue to recover from April’s sizable drop and have now increased for five consecutive weeks…Government purchase applications, which include FHA, VA, and … (0 comments)

senior community maryland: Buying or Selling a Leisure World of MD Home? You Need an Expert Guide - 05/26/20 07:55 AM
Buying or Selling a Leisure World of MD Home? You Need an Expert Guide
In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer.
We are, however, in anything but a normal market right now. We are amid one … (1 comments)

senior community maryland: Leisure World of MD Interest Rates Hover Near Historic All-Time Lows - 05/22/20 05:54 AM
Leisure World of MD Interest Rates Hover Near Historic All-Time Lows

Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect to determine the best way to position yourself for a move in today’s market. Thinking of buying or selling in Leisure World of Maryland?
Call the Authorized Leisure World Specialist...
Barbara Michaluk / Weichert Realtor
240-506-2434 / em: michaluk@verizon.net / www.BarbaraSellsMDhomes.com
(0 comments)

senior community maryland: Why Selling a Leisure World of Maryland Home on Your Own Is a Mistake - 05/20/20 07:43 AM
Why Selling a Leisure World of Maryland Home on Your Own Is a Mistake
There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner or FSBO, please consider the following:
1. Your Safety Is a Priority During this pandemic, your family’s safety comes first. When you FSBO, it is incredibly difficult to control entry into your home. A real estate professional … (0 comments)

senior community maryland: Financial Benefit of Leisure World of MD Homeownership: Family Wealth - 05/18/20 10:20 AM
Financial Benefit of Leisure World of MD Homeownership:
Family Wealth
While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost forever. When you make a mortgage payment, much of that money accumulates as equity in the home. So, what exactly is equity?
The equity in your home is the amount of money you can sell it for minus what you still owe on the mortgage. Every month you make a mortgage payment, … (0 comments)

senior community maryland: Will Leisure World of Maryland Housing Market Turn Around This Year? - 05/14/20 12:29 PM
Will Leisure World of Maryland Housing Market Turn Around This Year?
Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the economy will turn around. If you’re trying to figure out what’s going to happen and how to play your cards this year, you’re not alone.
This spring in the 2020 NAR Flash Survey: Economic Pulse, the National Association of Realtors (NAR) has been tracking the … (4 comments)

senior community maryland: Leisure World of MD Housing Positioned to Help the Economy Recover - 05/13/20 06:50 AM
Leisure World of MD Housing Positioned to Help the Economy Recover 
Some Highlights Expert insights are painting a bright future for housing when the economy bounces back – and it will. We may be facing challenging economic times today, but the housing market is poised to help the economy recover, not drag it down. Let’s connect to make sure you’re informed and ready when it’s time to make your move. … (0 comments)

senior community maryland: Will Leisure World of MD Home Values Appreciate or Depreciate in 2020? - 05/11/20 11:00 AM
Will Leisure World of MD Home Values Appreciate or Depreciate in 2020?

With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item.
Each month the National Association of Realtors (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for the REALTORS Confidence Index.
Their latest edition sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand) during this … (2 comments)

senior community maryland: Leisure World of Maryland Home Equity a Bright Spark in Housing Market - 05/07/20 05:04 AM
Leisure World of Maryland Home Equity Is a Bright Spark in Housing Market
Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and grocery stores, retail, delivery, and more increase their employment opportunities. Breaking down what unemployment means for homeownership, and understanding the significant equity Americans hold today, are important parts of seeing the picture clearly when sorting through this uncertainty.
One of … (0 comments)

senior community maryland: How to Test-Drive Leisure World of Maryland While Sheltering in Place - 05/03/20 05:44 AM
How to Test-Drive Leisure World of Maryland While Sheltering in Place
Some Highlights Staying at home doesn’t mean your search for a new place needs to come to a standstill. Check out these tips on how to explore other neighborhoods virtually in the homebuying process. You may find a spot that better suits your needs without ever leaving your living room! Let’s connect today so you have help with all of the additional steps along the way, and you’re ready to make your next move. … (0 comments)

senior community maryland: Leisure World of Maryland Housing Market Is a Powerful Economic Driver - 04/30/20 07:58 AM
Leisure World of Maryland Housing Market Is a Powerful Economic Driver

With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today, many analysts believe one of the first things we’ll be able to safely bring back is the home building sector, creating more jobs and impacting local neighborhoods in a big way. According to Robert Dietz in The Eye on Housing:
 “The pace of new home … (0 comments)

senior community maryland: Buying a Home in Leisure World of Maryland Now: Smart? Yes. - 04/29/20 02:41 PM
Buying a Home in Leisure World of Maryland Now: Smart? Yes.

Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry's leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed:
“The March ShowingTime Showing Index® recorded the first nationwide drop in showing traffic in eight months as communities responded to COVID-19. Early April data show signs of an upswing, however.”
Why would people be setting appointments to look at prospective homes … (0 comments)

senior community maryland: Keys to Selling Your House Virtually in Leisure World of Maryland - 04/24/20 06:58 AM
Keys to Selling Your House Virtually in Leisure World of Maryland

In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, if you need to sell your house now, what virtual practices should you use to make sure you, your family, and potential buyers stay safe in the process?
In today’s rapidly changing market, it’s more important than … (2 comments)

senior community maryland: Discover Villa Cortese at Leisure World of Maryland - 04/22/20 10:48 AM
Discover Villa Cortese at Leisure World of Maryland
 
Just from its name, the Villa Cortese community in Leisure World of Maryland bespeaks the classical elegances of Italian architecture, design, culture, and fare. In 1994-1996, Italian artisans and Leisure World developers enshrined these elements in a convenient, modern living atmosphere. A four-story garden-style development situated on Pennfield Circle, Villa Cortese allures residents not just with its exterior, but also with its heightened inner senses of community and security.
 
The Villa Cortese buildings make their grand first impressions with flower beds in full bloom against creamy-dreamy pastel façades. Walking paths leading to piazzas provide residents with a European-esque experience amid the well-kept Leisure … (0 comments)

senior community maryland: Leisure World of MD Homebuyers Want Lower Prices. Sellers Disagree. - 04/17/20 06:01 AM
Leisure World of MD Homebuyers Want Lower Prices. Sellers Disagree.
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to search for a better deal on a home. Sellers, however, aren’t offering a discount these days; they’re holding steady on price.
According to the most recent NAR Flash Survey (a survey of real estate agents from across the country), agents were asked the following two … (0 comments)

senior community maryland: Think This Is a Leisure World of Maryland Housing Crisis? Think Again. - 04/17/20 05:54 AM
Think This Is a Leisure World of Maryland Housing Crisis? Think Again.

With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it's logical to ask that question.
Many of us experienced financial hardships, lost homes, and were out of work during the Great Recession – the recession that started with a housing and mortgage crisis. Today, we face a very different challenge: an external health crisis that has caused a pause in much of the economy and a … (0 comments)

senior community maryland: How to Find the Perfect Real Estate Agent in Leisure World of Maryland - 04/11/20 01:51 PM
How to Find the Perfect Real Estate Agent in Leisure World of Maryland
There’s a ton of real estate information available in the news today and on the Internet. It can be extremely confusing, especially in times of uncertainty like we’re facing right now.
If you’re thinking of buying or selling this year, you need an agent who can help you:
Make sense of this rapidly evolving housing market Navigate everything from virtual showings to new online marketing strategies Price your home correctly at the beginning of the selling process Determine what to offer on your dream home without paying too … (3 comments)

senior community maryland: What You Can Do to Get Your Leisure World of MD House Ready to Sell - 04/11/20 03:43 AM
What You Can Do to Get Your Leisure World of MD
House Ready to Sell 
Some Highlights: Believe it or not, there are lots of things you can do to prep your house for a sale without even going to the store. Your real estate plans don’t have to be completely on hold even while we’ve hit the pause button on other parts of daily life. Tackling small projects from cleaning the corners you may normally skip to tidying up your yard are easy and necessary wins if you’re thinking of listing your house and making a move. … (0 comments)

senior community maryland: Will Surging Unemployment Crush Leisure World of Maryland Home Sales? - 04/06/20 07:50 AM
Will Surging Unemployment Crush Leisure World of Maryland Home Sales?

Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained that the government is trying to find ways to assist those who have lost their jobs and the companies which were forced to close (think: your neighborhood restaurant). In a recent interview he said:
“This is a planned, organized partial … (0 comments)

 
Barbara Michaluk, Leisure World Specialist / Full Service REALTOR (Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)

Barbara Michaluk

Leisure World Specialist / Full Service REALTOR

Silver Spring, MD

More about me…

Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434

Address: Leisure World, Silver Spring, Rockville, Potomac, Olney, Gaithersburg, Germantown, Bethesda, No. Bethesda, Chevy Chase, Brookeville, Ashton, Sandy Spring, Kensington, Columbia, Crofton, Laurel, Silver Spring, MD, 20906, 20832, 20852, 20853,

Office: (240) 506-2434

Mobile: (240) 506-2434

Email Me

Contact Barbara Interested in selling your home? Contact me to get a professional estimate of your home's value. Barbara Michaluk Call: (240) 506-2434 My Silver Spring Real Estate Listings on Zillow


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