Home design trends to watch in 2018

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”

Champagne, baths – and real estate

Bubbles are great to have in champagne, baths, and a host of other things, but they are not good for the real estate market.

A real estate bubble generally is caused by unjustified speculation in the housing market that leads to a rapid and unsustainable increase in prices. When it bursts, prices decline quickly – often to levels lower than when the run up in prices began. The whole country experienced a painful bursting bubble almost a decade ago, and its impact was felt far beyond the real estate market.

There is no doubt that home prices have risen significantly in the metro area during the past several years and affordability, especially for first-time homebuyers, is a real concern. But are we in a bubble? The short answer is no.

Continue reading “Champagne, baths – and real estate”

Millennials feel the pinch: The impact of rising mortgage rates

As millennials are entering their prime as homebuyers, they are feeling the pinch between very low inventory for entry-level priced homes and rising interest rates in the metro DC market.

Continue reading “Millennials feel the pinch: The impact of rising mortgage rates”

Real estate agents helping with rental clients

A common misconception I find is that many people do not realize that real estate agents can help clients not only when they’re looking to buy or sell a property, but when they’re looking to rent, as well. Not all agents will work with renters, but I do!

Continue reading “Real estate agents helping with rental clients”

Achieving the American Dream: What I actually do as a real estate agent

lbudik-sold-edited
Lauren Budik

How did you get started in the real estate industry?

My background is in journalism, and I used to work as a newspaper reporter. As my husband and I were planning to move back to the States after serving two years overseas with the State Dept., a colleague suggested to me that I’d be great in real estate. I looked into what it would take to get a license. I ended up taking the licensure classes and sat for the national, Virginia and D.C. exams when we got back. And that was almost two years ago!

Continue reading “Achieving the American Dream: What I actually do as a real estate agent”

Trying to sell your home during the holidays?

Beautiful Christmas wreath with garland on door
Image credit McEnearney Associates

Worried about selling your home during the holidays? Follow these tips from Lisa Groover of McEnearney Associates in Alexandria.

There are pros and cons to listing your home for sale during the holidays; however, buyers looking during this time tend to be more serious and may be under a deadline to move. There is also less competition in the market. If you are prepared to modify your holiday plans to accommodate showings and the selling process, then here are some tips for preparing your home for sale:

Continue reading “Trying to sell your home during the holidays?”

Fall Foliage in the DMV

fall_foliage
Image credit McEnearney Associates

No matter how long you live in the Washington D.C., Maryland or Virginia area, you can never get tired of gorgeous fall foliage. The reds and yellows and oranges are so intense, and driving through the countryside and mountains gives you the pleasure of watching the most stunning season change ever.

Continue reading “Fall Foliage in the DMV”