My 2 Cents' Worth (on Real Estate)
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| Blog Name: |
My 2 Cents' Worth (on Real Estate) |
| Url: |
http://my2centsworth.squarespace.com/ |
| Language: |
English |
| Topics: |
real estate, Realtor, homes |
| Description: |
A source of easily accessible, up-to-date market knowledge and advice on real estate in the Washington, D.C. metropolitan region and beyond. |
| Popularity: |
7 Followers |
Good Care Puts Dollars in Your Pocket
Washington Times recent published a story that featured my comments on how homeowners can omptimize their home-selling experience by following some important maintenance tips. I've pasted the story below...
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October 23, 2009
Good Care Puts Dollars in Your Pocket
By Cary Lee Dailey
While the leaves are turning red and gold, the temperature is dropping and children are gearing up for Halloween, October is prime time for homeowners to develop a fall maintenance strategy. Area experts say now is the time to take care of basic house and yard work to ensure that a home is ready f
Hot Homes on Market
Here's a look at a few of my favorite homes currently on the market. Maybe we can find the right favorite home for you...Capitol Hill - Set in the heart of Capitol Hill, this gorgeous townhouse is a pure charmer with 2 bedrooms and 3 bathrooms is only a couple blocks from Capitol South Metro Station.
A Great Combination
Historically low interest rates and lower homes prices have combined to make the median priced home in Washington, DC as affordable as any time since 2005. In June 2003, the median price was $305,000, and the rate for a 30-year fixed mortgage was just 5.23%. Three years later, the median price had soared to $430,000 - and interest rates soared too, with the 30-year fixed rate at 6.72% in June 2006. That bump in home prices and mortgage rates combined to make the purchase of a home a very expensive propos
Washington's Market Update - Summer 2009
Historically low interest rates and lower homes prices have combined to make the median priced home in Washington, DC as affordable as any time since 2005. In June 2003, the median price was $305,000, and the rate for a 30-year fixed mortgage was just 5.23%. Three years later, the median price had soared to $430,000 - and interest rates soared too, with the 30-year fixed rate at 6.72% in June 2006. That bump in home prices and mortgage rates combined to make the purchase of a home a very expensive proposition, spurring the rush to adjustable rate mortgages and even riskier subprime and interest only loans. It was inevitable that home prices had to fall - personal
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