When I went to college many, many years ago, I had saved money from my paper route, cutting lawns and lots of other jobs including selling hot dogs and soda at Phillies games. All of that was enough to cover my first year of tuition at a private college in Philadelphia. Recently I finished paying […]
The Spring market in Northern Virginia is hot. It is not uncommon for new listings to receive multiple offers. In fact, I had 3 homes sell this month with multiple offers that were above asking. Why is this happening? Well, interest rates are still very attractive and buyers are out in force but sellers are […]
As I write this in mid February 2018, interest rates are about .5% higher than just a month or so ago. It is impossible to know where they will be 6 months from now but there is more pressure on the upside than the downside. So how much does a mortgage increase when rates rise? […]
I have written about the teardown business before. In one article “Is Your Home Worth More Dead Or Alive?” I suggested sellers should take time to analyze their situation and decide whether it is better to sell to a builder or sell to an owner occupant. In the other “Vienna Teardowns Part 2 – Street […]
In Deuteronomy and other places, the Bible talks about the sins of the Father being passed down to future generations. Well, moral issues aside, in real estate it is possible that a father’s financial transgres-+sions can hinder the prosperity of future generations. But did you know that in probate court the financial sins of a […]
Every business changes with the times. New strategies, formulas and trends come and go. Real estate is no different. Over my 25+ plus years I’ve seen so much. Most of the change has been technology based. In 1989, I remember my broker was excited that he went out on a limb and bought a fax […]
As you may have surmised from reading my blogs, I believe in investment real estate. I have personally invested in Northern Virginia and in markets outside this area. When I went to new markets it took me quite a bit of work to find an investor-friendly Realtor in that town. I thought others may be […]
As you may have surmised from reading my blogs, I believe in investment real estate. I have personally invested in Northern Virginia and in markets outside this area. When I went to new markets it took me quite a bit of work to find an investor friendly Realtor in that town. I thought others may […]
In 2013, I took a virtual tour out Rt 66 and showed what $500,000 will get you in Arlington, Gainesville and points in between. So 3 years later, what has changed? The original 2013 info is in black and the 2016 info in red. —————————————————————– Buckle up and let’s take a ride west on Rt […]
In my 27 years in the business, I have only had one case where we almost got a title insurance company involved prior to settlement and none after settlement until a few months back and that buyer was me. I wrote about title insurance before (Should a Buyer Have Title Insurance). In that article I […]
