Here is the on-air interview with John Aaron of WTOP (click on logo at left to listen the entire interview) where we discussed the effect on our local market of the recent $26 Billion settlement between the state attorney generals (more…)
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Last week saw the announcement of a $26Billion settlement with 5 big banks and states. In essence Bank of America, Wells Fargo, J.P. Morgan Chase, Ally Financial and Citigroup settled a class action lawsuit that was brought by several states (more…)
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Eldad Moraru,
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I’ve talked before about how now is a great time to upsize (moving into a bigger home) due to market conditions and great interest rates. However, is now a good time to downsize? I had not really thought about it (more…)
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Listen to today’s On-Air interview with Jon Aaron of WTOP where we discussed my blogpost from Thursday on Shadow Inventory and whether or not now is a the right time to sell. Click here to read Thursday’s blogpost in it’s (more…)
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The media will be (and in some cases has already started) talking about “shadow inventory” and a new waive of foreclosures that’s coming in 2012. Before you succumb to what will most likely create panic make sure you read this (more…)
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I’m asked this question all the time – Is NOW a good time to buy or should I wait? I’ll give you the answer first and then the explanation. The answer – ABSOLUTELY!!!!! The explanation. Housing affordability in our area (more…)
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On Sunday January 8th I talked with Rosemary Frisino Toohey live on the air about the new changes to the Regional Contract which became effective January 1, 2012. Specifically we talked about the fact that all homes in our area (more…)
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The regional contract, which is the contract we use in the DC Metro area to sell homes, got an overhaul. Effective January 1, 2012 all contracts written for the purchase and sale of a home must be written on this (more…)
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WTOP Posted in
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In years past it’s been common practice to take homes that have not sold off the market during the holiday season (defined as that time between Thanksgiving and New Years) and to try again in the Spring. This year the word (more…)
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In my blog post June 23 regarding Congress lowering FHA loan limits I discussed the negative effect this move would have on the housing market in general, read the full post here. Well it would appear that congress has voted (more…)
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