All Categories

It had to happen….the pendulum needed to swing. It turned out that it just didn’t make sense to suggest that you could “buy” a home with no money down…especially if you didn’t have great credit…more especially if you were doing an “interest only” loan and REALLY especially if you also got “cash back” at closing. Why anyone thought this was a good idea is a question we all need to be asking ourselves. The only people who consistently benefited were the loan officers who m... Read Full Post

Although I don’t subscribe to the “the sky is falling” school of real estate (especially in the Washington DC area), it is true that for whatever reason, we are in a market different than the one where everything sold overnight at an inflated price. What this means is that we’re returning to a normal market – a market that is definitely advantageous for buyers, but also rewards sellers who are willing to return to the basics of Home Selling 101. Here’s a question: If you were goin... Read Full Post

It happens every year…whether it’s a buyers’ market or a sellers’ market. Right after the calendar turns and a new year arrives, people want predictions about the Washington, DC and Montgomery County real estate markets. “What’s happening?” they want to know. And every year, at least for me, it’s the same answer. And that is, “We need to wait a couple of weeks and see.” That probably sounds like a weather forecast, I know – but it’s true. Because the market in the Wash... Read Full Post