June 23, 2017

Million Dollar Homes in MD| How Low Interest Rates Increase Your Purchasing Power

Million Dollar Homes in MD | How Low Interest Rates Increase Your Purchasing Power

 

Heading towards the middle of Summer 2017 

Here are some statistics you may need to know if you are on the market to buy a Luxury Home in Maryland 

 

There are a total of 649 Active Listings for Millon Dollar homes (plus) in Montgomery County MD 

There are a total of 15 Active Listings for Millon Dollar homes (plus) in PG County MD 

There are a total of 370 Active Listings for Millon Dollar homes (plus) in Washington DC

There are a total of 866 Active Listings for Millon Dollar homes (plus) in Northern VA (all Fairfax County) 

There are a total of 102 Active Listings for Millon Dollar homes (plus) in Alexandria VA

 

Low-interest rates continue to help many homebuyers in securing a luxury in our area.

The most popular cities with the most Millon Dollar Homes are: 

 

* Potomac

* Bethesda

* Arlington 

* McLean

* Great Falls

* DC

 

The most expensive listing in the Washington DC Metro area:

http://www.reallynicehomes.com/search/details/1fql/0/

 

In order to secure a luxury home in our area, you must start with the financing aspect right away, 

Today, I would like to talk to you about How Low Interest Rates Increase Your Purchasing Power

 

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history!

The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.

Purchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain monthly housing budget.

The chart below shows what impact rising interest rates would have if you planned to purchase a home within the national median price range, and planned to keep your principal and interest payments at or about $1,100 a month.

 

With each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5%, (in this example, $6,250). Experts predict that mortgage rates will be closer to 5% by this time next year.

 

Act now to get the most house for your hard-earned money.

 

Below are some questions I want to ask you  before your first step when looking for a home....

Do you  have time to research the residential housing market?

Do you  have the knowledge to integrate and understand the information available in the Internet?

Can you  integrate the information available on the real estate Internet sites into useful data that can help you  accomplish your goal of home ownership?

Do you have the expertise to negotiate on your own?

The answer to these questions will be key to the success of your home search

To reach us, please call 301-246-0001

Or send us an email to info@reallynicehomes.com

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information.

June 23, 2017

Rockville MD | The Cost of Renting vs. Buying in the US [INFOGRAPHIC]

 

Rockville MD | The Cost of Renting vs. Buying in the US [INFOGRAPHIC]

 

Rockville MD Local Market Tidbits:

It really does not matter what part of Montgomery County you want to buy your house. It could be Rockville, Gaithersburg or North Potomac. 

You always need to know what type of market we are presently in before you commit to buy your home.

Your success will depend upon your Real Estate Agent's knowledge in the local real estate market.

There are three basic types of markets we are currently in at any given moment . . .

 

* Seller's Market

* Buyer's Market 

* Neutral (Balanced) Market

 

Determining the type of market with clarity will ensure you the best possible outcome when buying your home..

Today I would like to talk to you about The Cost of Renting vs. Buying in the US

 

Some Highlights:

 

- Historically, the choice between renting or buying a home has been a tough decision.

- Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced   home (15.8%), the choice becomes obvious.

- Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!

 

If you work with us, we promise to be in constant communication with you as our client. 

We will keep you fully informed throughout the entire buying or selling process. 

Our philosophy is that if you do not have an amazing experience working with us..we haven't done our job.

Our measuring stick for success is not the number of transactions we make, but the level of satisfaction coming from all our clients...after we serviced them.

Search for the newest listings in Rockville by map (click picture below) 

 

 

To reach us, please call 301-246-0001

or send us an email  info@ReallyNiceHomes.com

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information. 

Posted in ROCKVILLE
June 22, 2017

How Affordable Are The Kentlands in Gaithersburg Maryland?

How Affordable Are The Kentlands in Gaithersburg Maryland?

 

If you are looking for a home in the Kentlands Gaithersburg. Let me share a secret with you…

We know that finding the perfect place to live takes a lot of time and consideration., 

You want to find the best area where you and your family feel the most comfortable. .

Choosing the Kentlands in Gaithersburg Maryland in my opinion is a no brainer, but you must fit a certain profile.

If you are a resident of the Kentlands.

You are energetic and do not mind community participation

You will see a lot of people everyday and, connecting with them is part of the lifestyle on the Kentlands. .

Yes, you can have privacy when needed but. .if solitude and being in wide open space is your cup of tea.. 

The Kentlands may not be the right place for you. .

 

There are many other places nearby where you can have more land, more house and more room for just you and your family. .just connect with me and I love to share other areas in Montgomery County. 

The Kentlands is an engaging community and you will be pressured in participating via your kids in school, your weekend activities and just by patronizing the local businesses around the area.

 

This is why we always advice our clients. .

 

In the Kentlands. 

is not just a house you are buying. .

you are buying a new life-style

 

Today, I would like to talk to you about How Affordable Are The Kentlands in Gaithersburg Maryland?

 

Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR).

Here is how NAR defines the index:

 

“The Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national level based on the most recent price and income data.”

 

Basically, a value of 100 means a family earning the median income earns enough to qualify for a mortgage on a median-priced home, based on the price and mortgage interest rates at the time. Anything above 100 means the family has more than enough to qualify.

The higher the index, the easier it is to afford a home.

 

Why the concern?

 

The index has been declining over the last several years as home values increased. Some are concerned that too many buyers could be priced out of the market.

But, wait a minute…

Though the index skyrocketed from 2009 through 2013, we must realize that during that time, the housing crisis left the market with an overabundance of distressed properties (foreclosures and short sales). All prices dropped dramatically and distressed properties sold at major discounts. Then, mortgage rates fell like a rock.

The market is recovering, and values are coming back nicely. That has caused the index to fall.

However, let’s remove the crisis years (shaded in gray) and look at the current index as compared to the index from 1990 – 2008:

 Though prices and rates appear to be increasing, we must realize that affordability is composed of three ingredients: home prices, interest rates, and income. And, incomes are finally rising.

ATTOM Data Solutions recently released their Q1 2017 U.S. Home Affordability Index. The report explained:

 

“Stronger wage growth is the silver lining in this report, outpacing home price growth in more than half of the markets for the first time since Q1 2012, when median home prices were still falling nationwide. If that pattern continues, it will help turn the tide in the eroding home affordability trend.”

 

Bottom Line

Compared to historic norms, it is still a great time to buy from an affordability standpoint.

 

If you want to find the best house for the money in the Kentlands or its surrounding neighborhood “Lakelands

This is what we can do for you, 

We will prepare you a list of houses that fit your criteria and take the time to show all these houses to you, with no pressure and no hassle.

So please let us know when you are ready...

 

KENTLANDS LATEST LISTINGS

 

If you want to get started now, 

Please call us at 301-246-0001

Or text to: 240-426-5754

Email: Info@ReallyNiceHomes.com 

Thinking of selling your home in the Kentlands?  Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information.

Posted in GAITHERSBURG, Kentlands
June 22, 2017

Frederick MD | The Importance of Home Equity in Retirement Planning

Frederick MD | The Importance of Home Equity in Retirement Planning

 

Frederick MD Local Market Tidbits:

In order for us to provide comprehensive real-time market data and in-depth analysis for the benefit of all our clients, we use this blog to bring you our expertise and provide you with world class service

From an advisory point of view, our local knowledge will benefit you financially when buying a home through us.

From a valuation point of view,  our marketing expertise will augment the results you are looking for when selling a home.

 

Today I want to talk to you about The Importance of Home Equity in Retirement Planning

 

We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over the time that they own their home. In a report recently released by the nonpartisan Employee Benefit Research Institute (EBRI), they reveal how valuable equity can be in retirement planning.

Craig Copeland, Senior Research Associate at EBRI, recently authored a report, Importance of Individual Account Retirement Plans and Home Equity in Family Total Wealth, in which he reveals:

 

“Individual account retirement plan assets, plus home equity, represent almost all of what families have to use for retirement expenses outside of Social Security and traditional pensions. Those families without individual account assets typically have very low overall assets, so they have almost nothing to draw from for retirement expenses.”

 

The report echoed the findings of a working paper, Home Equity Patterns among Older American Households, authored by Barbara Butrica and Stipica Mudrazija of Urban Institute. Fannie Mae highlighted these findings for their blog The Home Story this past winter, quoting Butrica and Mudrazija:

 

 “For most adults near traditional retirement age, a home is their most valuable asset — dwarfing retirement accounts, other financial assets, and other nonfinancial assets. Although relatively few retirees tap into their home equity, having it provides financial security… In fact, many retirement security experts argue that the conventional three-legged stool of retirement resources — Social Security, pensions, and savings — is incomplete because it ignores the home.”

 

USAToday interviewed two area experts to comment on the EBRI report. Randy Bruns, a private wealth adviser with HighPoint Planning Partners, agreed with the findings:

 

“Social Security and home equity are major pieces of the retirement puzzle.”

 

Wade Pfau, Professor of Retirement Income at The American College of Financial Services and author of “Reverse Mortgages: How to use Reverse Mortgages to Secure Your Retirement,” said having the equity without a plan to use it won’t help:

 

“Home equity is a very important asset for American retirees, and so it is important to think about how to make best use of home equity in retirement planning.”

 

Bottom Line

Whether you use the equity in your home through a reverse mortgage or by selling and downsizing to a less expensive home, it should be a crucial piece of your retirement planning.

 

We fully understand that buying or selling a home is more than just a business  transaction between two people. 

We know how it affects your family and we know the experience could affect the quality of your life.

That’s why our team of highly-seasoned real estate professionals are dedicated to providing you with exceptional services at a local level.

Our pride is our personal touch that we use to connect with our clients, 

where our goal is to build a long-term relationship based on trust and service.

Let us help you achieve all your real estate goals. 

Give us a call now.

 

Search for the newest listings in Frederick by map (click picture below) 

 

 

To reach us, please call 301-246-0001

or send us an email  info@ReallyNiceHomes.com

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information. 

June 21, 2017

Clarksburg MD | The Supply & Demand Problem Plaguing New Construction

Clarksburg MD | The Supply & Demand Problem Plaguing New Construction

 

Clarksburg MD Local Market Tidbits:

What can you say about our local Real Estate Market for this year? 

I like to analyze it with a depth study and perspective to bring you the facts and insights that should matter to you.

If you are a buyer, you should proceed with caution in choosing existing homes vs new construction.

If you are a seller, you have major competition with new construction in the area and it is very important that your marketing should primarily highlight the benefits from your home's perspective.

 

Today I want to talk to you about The Supply & Demand Problem Plaguing New Construction

 

Many real estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale throughout the United States. The added inventory would no doubt aid buyers in their search to secure their dream home, while also helping to ease price increases throughout the country.

Unfortunately for builders, there are many forces that are making it difficult for them to do just that!

Last week at the National Association of Real Estate Editors 51st Annual Conference, CoreLogic’s Chief Economist Frank Nothaft broke down the 4 ‘L’s of New Home Construction: Lots, Labor, Lumber, and Lending.

 

The concept of supply and demand is ripe in the new home construction industry. The four ‘L’s of new home construction are each suffering a supply problem, and with that comes added costs. Let’s break it down!

 

Lots – There is a shortage of land near metros at an affordable price, causing builders to move farther and farther away from cities to keep costs down. This isn’t always an attractive option for those who want to stay close to work.

Labor – The Great Recession forced many skilled construction and trade workers to find other sources of income once their jobs were lost at the time of the crash. Even though the overall housing market has recovered, these workers have not returned. Those who remain are starting to age out and retire, causing even more of a shortage and additional costs.

Lumber – The cost to build a new home is directly tied to the cost of the lot and the cost of the supplies needed to build the home. Lumber costs continue to escalate due to policies restricting the importation of Canadian lumber, making larger luxury homes an attractive option to recoup costs when selling, rather than building smaller single-family homes and making less profit.

 

Below is a graph showing the increase in cost of 1,000 board feet of framing lumber.

Year-over-year, lumber costs are up 13% after reaching a high of $433 in the second week of April.

 

Lending – During the Great Recession, many small community banks were forced to close their doors. These banks were a great source of capital and lending for builders looking to borrow money at a low interest rate in the community in which they were building. Tougher lending standards have made borrowing funds more expensive and more difficult for builders.

 

Bottom Line

Additional costs across all 4 ‘L’s have made building luxury properties more attractive to builders as they are able to make a larger margin with the higher sales price. The move to scale down to starter and trade up homes to help with supply will mean any additional costs are absorbed by the builders unless the supply of the 4 ‘L’s can increase!

 

The Clarksburg Maryland real estate market is uniquely hyper-local, meaning that you can't  throw the latest sales numbers within local/national levels and expect meaningful results about its condition.

Buyers should be very observant about the trends and direction of the market before putting an offer for a house.

Our agents are ready to help all your real estate needs 

 

To reach us, please call 301-246-0001

or send us an email info@ReallyNiceHomes.com

 

Search for the newest listings in Clarksburg by map (click picture below) 

 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information. 

Posted in Clarksburg
June 20, 2017

Forecasting Housing Prices in 5 Years : Villages of Urbana MD Homeowners

Forecasting Housing Prices in 5 Years For Villages of Urbana MD Homeowners

 

The real estate market has been rising steadily in Urbana MD since the 2005-2006 crash. Most major real estate portals are reporting for homes prices to keep rising in the next few years. The most important factor for this area is about thousands of new Millenials coming into the market, young professionals, with jobs and ready to buy a nice home in the right neighborhoods. 

This is why Villages of Urbana has many reasons to benefit from this demand. Young professionals want the best prices,  in a safe neighborhood, with great schools and the convenience of Washinton DC nearby...

Of course, we will have some temporary delays along the way, the recent mortgage rate increase may cause some hesitation from buyers but, history tends to repeat itself. As long as renters defined more value owning a home than leasing it...we will always have growth in our forecast no matter what the interest rates will be.

Speaking to some people in social environments, I know that,  

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

 

The results of their latest survey:

 

Home values will appreciate by 4.0% over the course of 2017, 3.2% in 2018 and 3.0% the next three years (as shown below). That means the average annual appreciation will be 3.24% over the next 5 years.

The prediction for cumulative appreciation ticked up from 18.7% to 21.4% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 10.2%.

 

Bottom Line

Individual opinions make headlines. We believe this survey is a fairer depiction of future values.

 

If you want to find the best house for the money in Villages of Urbana….

This is what we can do for you, 

We will prepare you a list of houses that fit your criteria and take the time to show all these houses to you, with no pressure and no hassle.

 

VILLAGE OF URBANA LATEST LISTINGS

 

So please let us know when you are ready ...

If you want to get started now, 

Please call us at 301-246-0001

Or text to 240-426-5754

Email: Info@ReallyNiceHomes.com 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information.

Posted in Urbana
June 20, 2017

Gaithersburg MD | Do You Know How Much Equity You Have in Your Home?

Gaithersburg MD | Do You Know How Much Equity You Have in Your Home? 

 

Gaithersburg MD Local Market Tidbits:

Today I decided to bring you some news about the things that matters the most to our local real estate market

As you are aware, the real estate market is like the weather. The economic conditions within the area are the most influential on home prices and its stability

Sometimes even within neighboring counties, our local real estate market could be completely different.

Yes, you may see disparities between Montgomery and Frederick counties even though they are just a few miles apart. 

Today I want to talk to you about Do You Know How Much Equity You Have in Your Home? 

 

CoreLogic’s latest Equity Report revealed that 91,000 properties regained equity in the first quarter of 2017. This is great news for the country, as 48.2 million of all mortgaged properties are now in a positive equity situation.

 

Price Appreciation = Good News for Homeowners

Frank Nothaft, CoreLogic’s Chief Economist, explains:

 

“One million borrowers achieved positive equity over the last year, which means risk continues to steadily decline as a result of increasing home prices.”

Frank Martell, President and CEO of CoreLogic, believes this is a great sign for the market in 2017 as well, as he had this to say:

 

“Homeowner equity increased by $766 billion over the last year, the largest increase since Q2 2014. The rising cushion of home equity is one of the main drivers of improved mortgage performance. Since home equity is the largest source of homeowner wealth, the increase in home equity also supports consumer balance sheets, spending and the broader economy.”

This is great news for homeowners! But, do they realize that their equity position has changed?

 

According to the Fannie Mae’s Home Purchase Sentiment Index (HPSI), more homeowners are beginning to realize that they may have more equity than they first thought.

“This is only the second time in the survey’s history that the net share of those saying it’s a good time to sell surpassed the net share of those saying it’s a good time to buy.”

 

78.8% of homeowners have significant equity (more than 20%) in their homes today!

 

This means that many Americans with a mortgage have an opportunity to take advantage of today’s seller’s market. With a sizeable equity position, many homeowners could easily move into a housing situation that better meets their current needs (moving to a larger home or downsizing).

Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae spoke out on this issue:

 

“High home prices have led many consumers to give us the first clear indication we’ve seen in the National Housing Survey’s seven-year history that they think it’s now a seller’s market. However, we continue to see a lack of housing supply as many potential sellers are unwilling or unable to put their homes on the market…” 

 

Bottom Line

If you are one of the many Americans who is unsure of how much equity you have built in your home, don’t let that be the reason you fail to move on to your dream home in 2017! Let’s get together to evaluate your situation!

 

We are interested in creating repeat business with all our clients. 

We understand that we can only do that by bringing you the latest news and information that could affect your financial world when it comes to real estate. 

We take pride in assuming that role for you 

To reach us, please call 301-246-0001

or send us an email  info@ReallyNiceHomes.com

 

Search for the newest listings in Gaithersburg by map (click picture below) 

 

 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information. 

Posted in GAITHERSBURG
June 19, 2017

Buying a Home in Crown Gaithersburg? This is NOT Reality TV!

Buying a Home in Crown Gaithersburg?  This is NOT Reality TV!

 

Reality TV Shows represent a summary of all the steps that takes when purchasing a home.... and they can do it inside 30 minutes time!

In real life, buying a home could take several months for some families

 

These shows make it seem like a snap fingers-free process!

but is the buying, selling, and rehabbing of a home is not really that simple.

 

For example, a typical house buy for a community like Crown in Gaithersburg MD is not as easy as it seems

 

#1 The number one step to take is the qualifying process and repairing of credit if needed.

 

That alone could take several weeks of time since financial institutions, especially for the credit bureau could take several weeks for them to respond.

Our agents are trained in helping home buyers be prepared to purchase a home. 

 

#2 The number two step is the hardest for some families

Finding the right home for them in 99% of the time, the right home does not exist and part of the process for buyers to understand;  that THEY make it the right home once they move in.

 

#3 The process of repairing, remodelling and rehabbing a home before a buyer could move in..could take several months...meanwhile someone has to make the mortgage payments. Your lender will not wait for you to finish repairing your home. Although in some cases, your loan could be enough to cover the repairs and complete house

In general, homebuyers look sometimes dozens of homes before tey make up their mind. Your real estate agent does not make a fortune helping you buy a home...is a job that takes hundreds of steps in some cases...they don't  get paid at the end. 

 

Now, let's talk about 5 Myths About Reality TV in Real Estate

 

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Property Brothers,” and so much more, just in one sitting.

When you’re in the middle of your real estate themed show marathon, you might start to think that everything you see on TV must be how it works in real life, but you may need a reality check.

 

Reality TV Show Myths vs. Real Life:

 

Myth #1: Buyers look at 3 homes and make a decision to purchase one of them.

Truth: There may be buyers who fall in love and buy the first home they see, but according to the National Association of Realtors the average homebuyer tours 10 homes as a part of their search. 

 

Myth #2: The houses the buyers are touring are still for sale.

Truth: The reality is being staged for TV. Many of the homes being shown are already sold and are off the market. 

 

Myth #3: The buyers haven’t made a purchase decision yet.

Truth: Since there is no way to show the entire buying process in a 30-minute show, TV producers often choose buyers who are further along in the process and have already chosen a home to buy. 

 

Myth #4: If you list your home for sale, it will ALWAYS sell at the Open House.

Truth: Of course this would be great! Open houses are important to guarantee the most exposure to buyers in your area but are only a PIECE of the overall marketing of your home. Just realize that many homes are sold during regular listing appointments as well.

 

Myth #5: Homeowners make a decision about selling their home after a 5-minute conversation.

Truth: Similar to the buyers portrayed on the shows, many of the sellers have already spent hours deliberating the decision to list their homes and move on with their lives/goals.

 

Bottom Line

Having an experienced professional on your side while navigating the real estate market is the best way to guarantee that you can make the home of your dreams a reality!

 

CROWN GAITHERSBURG LATEST LISTINGS

 

If you have any questions about the Crown Plaza, Gaithersburg MD, the schools, amenities or the surrounding community, don’t hesitate to give us a call at 301-246-0001 We will be happy to help you. We specialize in Gaithersburg MD and our agents also live here.

To reach us, please call 301-246-0001

Or send us an email to: info@ReallyNiceHomes.com 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information.

Posted in GAITHERSBURG
June 19, 2017

Germantown MD | Buying Is Now 33.1% Cheaper Than Renting in the US

Germantown MD | Buying Is Now 33.1% Cheaper Than Renting in the US

 

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and what type of houses they are looking for. 

As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home. 

 

Today I would like to talk to you about  Buying Is Now 33.1% Cheaper Than Renting in the US

 

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

The updated numbers actually show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to 50.1% less expensive in Baton Rouge (LA), and 33.1% nationwide!

 

Other interesting findings in the report include:

 

1.- Interest rates have remained low and, even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation.

2.- With rents & home values moving in tandem, shifts in the ‘rent vs. buy’ decision are largely driven by changes in mortgage interest rates.

3.- Nationally, rates would have to reach 9.1%, a 128% increase over today’s average of 4.0%, for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.

 

Bottom Line

Buying a home makes sense socially and financially. If you are one of the many renters out there who would like to evaluate your ability to buy this year, let’s get together to find your dream home.

 

To protect your interests and assure that you make the best possible decisions, 

it's important that you have a knowledgeable agent on your side who is an expert in the local real estate market.

 

We are dedicated to keeping you on top of our local market. Rest assured that we will provide you with a well-informed, 

and the most updated strategic view for your home purchase in Germantown Maryland

 

To reach us, please call 301-246-0001

or send us an email  info@ReallyNiceHomes.com

Search for the newest listings in Germantown by map (click picture below) 

 

 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information. 

Posted in GERMANTOWN
June 16, 2017

Rockville MD | Top Home Renovations for Maximum ROI [INFOGRAPHIC]

Rockville MD | Top Home Renovations for Maximum ROI [INFOGRAPHIC] 

 

Rockville MD Local Market Tidbits:

It really does not matter what part of Montgomery County you want to buy your house. It could be Rockville, Gaithersburg or North Potomac. 

You always need to know what type of market we are presently in before you commit to buy your home.

Your success will depend upon your Real Estate Agent's knowledge in the local real estate market.

There are three basic types of markets we are currently in at any given moment . . .

 

  • Seller's Market
  • Buyer's Market 
  • Neutral (Balanced) Market

 

Determining the type of market with clarity will ensure you the best possible outcome when buying your home..

Today I would like to talk to you about Top Home Renovations for Maximum ROI

 

Some Highlights:

 

1.- Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value       inknowing which home improvement projects will net you the most Return On Investment (ROI).

2.- While big projects like adding a bathroom or a complete kitchen remodel are popular ways to increase a home’s value, something as       simple as updating landscaping and curb appeal can have a quick impact on a home’s value.

3.- For more information about top renovation projects that net you the most ROI, you can check out the complete list here.

 

If you work with us, we promise to be in constant communication with you as our client. 

We will keep you fully informed throughout the entire buying or selling process. 

Our philosophy is that if you do not have an amazing experience working with us..we haven't done our job.

Our measuring stick for success is not the number of transactions we make, but the level of satisfaction coming from all our clients...after we serviced them.

 

Search for the newest listings in Rockville by map (click picture below) 

 

 

To reach us, please call 301-246-0001

or send us an email info@ReallyNiceHomes.com

 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information. 

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