Before you spend thousands or tens of thousands of dollars on “fixing” a wet basement, be sure you are not inviting water in! Follow these surprisingly easy steps to keep water from your roof and grounds from entering your house.
Most of our Home Inspectors say 95% of wet basement issues are fixable outdoors for just a few hundred dollars. They say there are 3 easy steps:
Continue reading “Easy ways to keep water out of your basement”
We know all real estate is local, and market conditions vary widely from community to community. We have taken a comprehensive look at the dynamics throughout the metro area (Alexandria; Arlington County & Falls Church City; Northern Virginia; Loudoun, Fauquier & Prince William counties; Washington, D.C.; and Suburban Maryland) for the first half of 2018 with a level of detail you won’t find anywhere else.
Continue reading “In-depth reviews of D.C. area real estate markets (First half of 2018)”
The Washington metro area has a strong real estate market characterized by remarkably low inventory, so we’re a little puzzled by the frequency of “off market” listings – those listings that are not put in the multiple listing system (MLS). One may hear them referred to as private exclusives or pocket listings, but under either banner these are homes that are not exposed to the broadest possible market.
In a market where buyers are clamoring for choices, why would a seller intentionally choose to do that?
Continue reading “Summer 2018: No one has all the buyers”
2017 ended with a bit of a whimper, as contract activity on our region’s real estate market cooled off along with the weather. But it was an overall solid year, with Washington, D.C. continuing to outpace its suburban neighbors. What’s ahead for 2018?
We’ll put our forecast into three categories: Steady State, the Wildcard and the Tantalizing Possibility.
Continue reading “Winter 2018 Marketwatch: More of the same?”
We frequently get questions from clients who are taking on decorating and remodeling projects and want to ensure their dollars are invested wisely.
Which looks will last for years to come, and which ones will feel dated quickly? What colors and styles are most popular among buyers in our area? How can I add the most value to my home?
So we’ve rounded up some of the hottest trends in home design to help guide you through the process. Whether you’ve planned a simple refresh or a full-scale renovation, making smart and informed design choices will help you maximize your return on investment … and minimize the chance of “remodeler’s remorse” down the road.
Continue reading “Home design trends to watch in 2018”
Many empty-nesters and beyond debate that question almost daily. Residents often remain in their big homes almost by default – it can be hard to imagine a move. But ask yourself: “Will I be better off if I move? Will I get more out of life if I don’t have to maintain a large house? Could I use the extra time to travel, go to the theater or become engaged in that “cause” I have always wanted to? In short, is staying put actually holding me back from enjoying the things I have always envisioned for the next stage of my life?
For many, the answer is yes. Making a change in housing can be a step toward living life to the fullest.
Continue reading “How do I know if it’s time to downsize?”
Determining the appropriate list price for a home or figuring what to offer is equal parts art and science. The “art” has a lot to do with the motivation and level of risk tolerance of the parties, as well as the degree of emotional attachment to the outcome. The focus of the “science” has typically been on knowing overall market and financing conditions, and picking the most “comparable” properties to see how the subject property stacks up. Unsurprisingly, there’s a lot more to it than that.
Continue reading “Absorption Rates and Sell-by Dates”