New Bethesda listing inside the Beltway – 6 Spruce Tree Ct.

Here’s a video of my newest listing – a renovated 4 bedroom, 2.5 bath Dutch colonial with a new kitchen and a two car garage inside the Beltway close to the Bethesda YMCA. http://animoto.com/play/Oi488NKwUNJn0Q0RckrgbA

Why wait to buy? Higher prices & lower interest rates still equal lower costs.

Have you been waiting to buy a home because you thought prices would go down? That might not be the best strategy.
Although in many areas prices have gone down, that’s not the case in the Washington, DC metropolitan area. But, interest rates have gone down as well. So that more expensive house may cost you less on a monthly basis. Why wait to buy?

Graphic provided by KCM.com.

Realty Times – Quiz: Am I Ready to Buy?

Realty Times – Quiz: Am I Ready to Buy?.

I agree with almost everything in this article, but how much down payment you need.  In the Washington, DC Metro area, if you’re buying a house for less than $625,000, you can get a FHA loan in which you only put 3.5% of the sales price down.  You’ll also need another 3% to pay for closing costs, but we can sometimes negotiate to have the seller pay for this.

Go to www.MetroWashingtonDCHomes.com to learn more or contact me to help you with your search and decision-making.

Realty Times – Fixed Mortgage Rates Up Sharply Following Jobs Report

 

 

 

 

 

Realty Times – Fixed Mortgage Rates Up Sharply Following Jobs Report.

Prices are great!  Interest rates are also great, but they’re beginning to rise, so don’t wait if you are thinking of buying or selling.

Realty Times – Big Government Makes Washington, D.C. Nation’s Party Town For Housing

Realty Times – Big Government Makes Washington, D.C. Nation’s Party Town For Housing.

Well Maintained Original Owner Home Walking Distance to Glenmont Metro – $225,000

For Sale: 3BR/1+1BA Single Family House in Silver Spring, MD, $225,000.

New listing close to Glenmont Metro

For Sale: 3BR/1+1BA Single Family House in Bethesda, MD, $225,000.

Realty Times – 10 Secrets of Home Staging

 

Realty Times – 10 Secrets of Home Staging.

Very good information from Realty Times about how to inexpensively prepare a house to sell.  Advice ranges from decluttering to adding fresh flowers to putting oversized furniture in storage.  A little sweat equity goes a long way.

10801 Pearson, Kensington, MD – $510,000

 

 

 

Luscious landscaping in updated 4 bedroom colonial in Kensington with 2 car garage and sunroom. Reduced to $510,000

10801 Pearson, Kensington, MD.

Free online calculator to see if you qualify for a mortgage modification

The Treasury Department is offering a free online calculator that helps borrowers estimate whether or not they qualify for the Home Affordable Modification Program (HAMP).

https://checkmynpv.com/