homes worth buying: Get Ready — This is Not Your Usual Spring Market!
- 03/23/12 12:30 AM
It’s Going To Be More Active Spring is officially here. Buyers and sellers are ready once again to participate in the most active home market period of the year. Sellers have painted everything inside and out and finished mulching their garden beds. Buyers have drafted their wish lists, review their favorite real estate websites daily (or more frequently) for new listings, and are armed with their lender pre-approval letters. Here is a great window of opportunity. Know that this not your normal Spring Market. Things are different: Buyers have been out for weeks in the warmer-than-usual weather. Interest rates are … (3 comments)
homes worth buying: A Federal Gem, Near The National Cathedral and Georgetown!
- 10/14/11 05:33 AM
3800 Fulton Street, NW, Washington, DC 20007 MLS #DC7690818, Offered for $1,150,000 (WITHDRAWN) This sun-filled 1920s Federal semi-detached home has been thoughtfully updated throughout. The complete renovation, including new windows and systems, retains many of the original architectural details with a handsome contemporary flair. There are three bedrooms, a sitting room or den, two new full and one half bathrooms, living room, dining room, foyer, central hall, abundant closet space, chef’s kitchen, and pantry. The home has a graceful wrap-around tiled front and side porch, which has French doors opening to it from the living room. The tiered rear deck overlooks a large … (0 comments)
homes worth buying: Stimulating Offers from Prospective Buyers
- 08/25/11 06:13 AM
Selling Clients Ask, 'What Methods Best Solicit Offers?' Each listing, each buyer, and each offer is different. I apply several strategies in response to expressions of interest and to encourage potential offers to a particular listing. I rarely have direct initial contact with buyers who are not my own clients as they are represented by their own agents, and the communication flows between buyers and their agents, and then between the listing agent and the buyer’s agent. Buyers’ comments and negotiation strategies that would affect the advantage of buyer versus seller are confidential, as are mine with my sellers. Nevertheless, in the … (1 comments)
homes worth buying: A Special Home in A Special Place!
- 04/21/11 09:07 AM
120 Evans Street, Rockville, MD 20850 (SOLD!!) OFFERED FOR: $595,000 MRIS #MC7577514 This home is a wonderful, warm, four-level split plus a large attic, thoughtfully updated through the years by long-time owners. Highlights include lots of light, an open main level floor plan, and refinished hardwood floors throughout. The kitchen has been renovated and provides convenient access through new Anderson French doors to the patio and a manicured back yard with garden area and new privacy fence. Four bedrooms include master suite with grand new bathroom and glassed shower and three additoinal bedrooms and a full bath. There is a spacious finished lower … (0 comments)
Market Summary The Washington, DC real estate market had an exceptional first half of 2010 with combined sales of single-family homes, condominiums, and cooperatives up 36% at the end of the second quarter. That pace did not continue and the increase dwindled to 3% by the end of December. The single-family market ended the year in much stronger position than the condo/co-op market with an 11% increase sales and just over 4 months worth of inventory. Condo/co-op sales ended with a 6% loss and over 6 months of … (0 comments)
202 Duke Street, Alexandria, VA OFFERED for $1,410,000 This rare 1770 freestanding brick flounder, built well back from the street and surrounded by a formal garden with potting shed and high brick walls, is a jewel of Old Town. The two and one-half story brick home, with a rolled tin roof and beautifully renovated and restored in 1995, is one of the few remaining freestanding flounder houses in Alexandria. It features crown moldings, paneled foyer, library with original fireplace, and a full in-law suite with separate entrance. William Mitchell, a sea captain, built … (0 comments)
homes worth buying: The Best of In-Town Living!
- 01/11/11 08:39 AM
Old Town Alexandria: Closes to Everything! (SOLD!!) 211 South Payne Street, Old Town, Alexandria, VA 22314 Offered for $875,000 This two-story brick Colonial Revival style detached townhouse was built in 1900, with a three-bay façade with six-over-one windows and an abbreviated classical cornice. It is in easy walking distance to the King Street shopping and dining corridor, Metro Station, Courthouse, and Patent and Trademark office. The home underwent a thorough renovation from the ground up completed in 1995 with all new mechanical and electrical systems, new double-pane windows, and new plumbing. The formal living room is anchored by an … (0 comments)
homes worth buying: Winter Preparations Checklist for Homes on the Market
- 12/20/10 01:20 AM
Owners' Continuing Responsibility for Snow/Ice Removal With the arrival of Winter this coming week and the surprise snowfall we had last week, it is time to complete your winter preparations, if you have not done so already. These are particularly important if you have a home listed for sale that is vacant or you are going to be away for part of the holidays. A Quick Checklist: If your listed property is vacant: Have someone lined up to shovel snow promptly: Clear snow and ice for access from the street - driveways, paths, and walks Snow-covered and icy walks may present … (3 comments)
homes worth buying: Washington DC: Sellers Experiencing Both Competition and Frustration
- 11/09/10 03:14 AM
Third Quarter 2010 Report: Stable Prices and Lower Inventories Market Summary This has been a frustrating market for many buyers, sellers, and real estate professionals. Buyers in certain price ranges and neighborhoods are finding heavy competition and multiple offers on well-priced homes, while certain sellers are suffering through months on the market without an offer or serious interest. The third quarter statistics show a 21% decline from Q3 2009; but with the strong first half of the year, year-to-date sales are still up by 14% over 2009. Initially it was unclear whether the expiration of the Federal Tax Credit for … (0 comments)
Clients are asking, "Should I put my house on the market now, or should I wait?" and "Should I buy now, or should I wait?" What about Thanksgiving, the Holiday season, or New Year's? What about buyer interest and showings and open houses? Why not wait? It's November. Prices have stabilized. Inventories have come down in many areas. Interest rates are at historic lows. Financing has become more readily available. Sellers planning to also buy can get more house for their money now than before. Sellers who price not only competitively but also compellingly are successfully setting … (5 comments)
10209 Gary Road, Potomac, Maryland 20854 Offered for: $849,000 MRIS #MC7428778 This very well-cared for home is conveniently located in a close-in an established Potomac Village neighborhood which also includes several large upper-bracket properties. It is a beautifully refinished four-bedroom, two full bath and one-half bath split-level home on five levels. The large lot (27,000 sq. ft.) has an open rear lawn area which backs to a wooded lot for added privacy and room to expand! This home is less than ½ mile of Potomac Village, with shops, drug stores, banks, restaurants, markets, and other … (1 comments)
homes worth buying: THE Single Most Important Piece of Information to both Sellers and Buyers
- 09/19/10 03:42 PM
Price - For a Listing and for a Contract of Sale. Sellers and buyers both rely on their agent's expertise and research to help them understand today's market and what are reasonable price expectations. A wrong price can kill a listing or a deal. This single factor is so important. An agent who tries to "buy" a listing by providing or acceding to a seller's unreasonably high price expectations is not helping his client. Pricing high can negatively impact the house's real value, and can damage the agent's standing in the community.
I spend hours on research and data analysis … (0 comments)
homes worth buying: Picking a Real Estate Agent?
- 09/19/10 03:18 PM
Seven Exceptional Attributes to Look For Finding an excellent real estate agent or Realtor® can be a challenge. There are many to choose from and they all appear eager to help you. But how do you know which will serve your interests and help you best? There are so many to choose from - but how do you narrow your choices? Refine your search. Among the many qualities you want to see, consider these too:: All Realtors® are agents; not all agents are Realtors®. There is a distinction. A Realtor® is a member of the National Association of Realtors (NAR), the … (1 comments)
General views on the real estate environment in the Greater Washington, DC Metropolitan area:
Bethesda
Chevy Chase
Potomac
Kensington
Spring Valley
Wesley Heights
American University Park
Glover Park
Cleveland Park
Washington
Alexandria
Arlington
McLean
Falls Church
Northern Virginia
Southern Maryland
www.HillSlowinski.com
Hill Slowinski Named #9, in Top 28 Washington Metro, and in Top 139 Montgomery County/DC Regions
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