Thursday, March 28, 2013

Gloom to Bloom in the Housing Market

]Freddie Mac recently released its U.S. Economic and Housing Market Outlook through March showing that as we head into the spring home buying season, continued low mortgage rates, increasing house prices, and gradually improving consumer confidence will help support increased home sales. A short preview video and the complete March 2013 U.S. Economic and Housing Market Outlook are available here [2].
Outlook Highlights
• Compared to 2012, expect home sales to be up 8 to 10 percent for 2013.
• Expect housing starts to increase to 950,000 units for 2013, compared to 780,000 in 2012.
• In 2012, real estate added $1.5 trillion to balance sheets, and residential mortgage debt

Friday, March 22, 2013

An exciting Real Estate call.

I had a great call yesterday and this is how it went,  "You sold a house on our street and we would like you to come list our house for sale and help us find another house in Bethesda".   It wasn't that they were interviewing other agents, she was very sure of listing and with me because I sold a house on their street.  That was just a wonderful call to get.  Most of advertising now says, "Google Me".   It will tell you who I am and how I can help.  I think success breathes success.   I'm really not one to talk about myself but prefer to have others talk about me and my service.  My clients are very important to me and I do everything possible to make sure they are first on my list.  They have to all feel that they are my only client, no matter how many clients I have. 

The Real Estate market is now a different market than a year ago.  We have a shortage of inventory which is driving demand and prices.  Are all the great deals gone?  I don't think so.  It's a great time to buy and a great time to sell.   The rates are low for people who are thinking about buying and for sellers, the low inventory makes your home in demand if priced right and shows well.

Would love to hear from you if I can help.  Please Google me.  Love Google.  I just wish I bought their stock back when....

Tuesday, January 8, 2013

2012: Turning Point in the Housing Market? (MSNBC Video)

MSNBC has a quick video that discusses some numbers that may indicate that 2012 was the turning point in the housing market.

Click here to watch on MSNBC

Thursday, December 20, 2012

Friday, October 19, 2012

Montgomery County Features in CNN Money Magazine's Top 100 Places to Live

I've lived and worked in Montgomery County for over 25 years, mostly in the Gaithersburg and Germantown areas, and I have to agree with CNN Money Magazine--Gaithersburg and Germantown are great places to live!

In their yearly survey of the best places to live, five Maryland cities made the list of the top 100: Columbia, Ellicott City, Gaithersburg, Germantown, and Waldorf. Gaithersburg is #23, and Germantown is just behind it at #24. What a great time to be living in Montgomery County!

The rankings are based on things like job opportunities, quality school systems, low crime, health care, housing, and entertainment. If you live in this area, you know we've got all that and more. If you don't live here, wouldn't you like to?

Saturday, September 22, 2012

FALL IS A GOOD TIME TO SELL - LESS COMPETITION

I prefer to celebrate the coming new year in September -- the month when everything really important happens. Fall is for the first day of school, fresh notebooks, new shoes, empty backpacks and chocolate milk. It's simply the season of change, and nature herself confirms it. Leaves start changing color, the air gets crisp, and all the hanging flower baskets around my house die because I forget to water them (so sorry!). Football kicks off, root vegetables begin showing up on the dinner table, and all the best TV shows are back in the prime-time lineup. September is also the month when folks who've had their home on the market during the summer question whether to cancel their listing. Conventional wisdom says the window of opportunity passes with the summer sun and only the homes of "desperate" sellers remain for sale after the first day of school. I hear it all the time from sellers, "We'll list our home until school starts." It's not a decision based on their needs or desires, but on the idea that buyers looking for a new home will be too busy to find one in the fall, or somehow sellers will fool buyers into thinking their home is a "new listing" in the spring. Tricky, tricky! Granted, summer is the time of the year where more homes are bought and sold. I get that. But, the market doesn't suddenly dry up and disappear in September! People who genuinely need to move are still going to buy a home. As for "hiding" days on market? Yeah, that really doesn't work. Like, ever. This autumn is a great time to have a house on the market, says Realtor.org: Inventory is down and so are the days on market. Sellers can over complicate the process. But when it comes right down to it, a sale is about motivation and money. Supply and demand. Simple, simple stuff. Like going back to school, freshly sharpened pencils and new haircuts, real estate is elementary. And always worth celebrating. Go September!