From the time you put your property on the market, to the time you accept a contract (in writing), that’s the time known as days on the market. From the time you accept a contract, known as ratification, until the time you close, a number of things will happen. Here’s the general timeline of events: [...]
Posts Tagged ‘sellers’
Multiple Offers Everywhere
January 30th, 2012
Laura The last two weeks have been a turning point for our real estate market. I have seen multiple offers on almost every type of property in Arlington but especially condos and (soon to be) townhouses. Here’s the dirt on what’s going on: Where: The “affordable” price range in Arlington spans from $300k – $650k-ish. Basically [...]
Maintaining Your Home: The Difference Between Improvements and Maintenance
January 5th, 2012
Laura When it comes to putting a value on your home, evaluating what projects to spend money on, or even your taxes, there are some major differences between improvements to the home and maintenance. I’ll detail some examples of these differences below, but if you’re thinking of tackling your 2012 To-Do List, you may want to [...]
Cash Is King and Other Lessons Learned From Our Real Estate Market
December 19th, 2011
Laura For the past few months I have been constantly talking about how our market would start slowing down now that we’re into the Holidays and the Winter, but I have to admit – this year seems to be proving me wrong! While it’s true our inventory is incredibly low right now, that is making it [...]
Big Changes Coming To The Real Estate Purchase Contract in VA/DC/MD
December 6th, 2011
Laura Beginning the first of the year, our regional sales contract, which is used in Virginia, DC, Maryland and West Virginia, will have some major changes that will affect both buyers and sellers. I’ve done various posts on parts of the contract and how they play into the process, some parts remain the same, but you’ll [...]
There’s Nothing To Buy in Arlington – Effects of the Season
November 10th, 2011
Laura Welcome to the November real estate market – fewer properties to buy, fewer properties sell, and slower sales are typical of a Winter market. I’ve noticed fewer properties are hitting the market of late which means we’ve hit our winter slump into into the Holidays and the new year. Things will begin to pick up [...]
Expecting a Baby – Easier to Move Now or After?
November 8th, 2011
Laura Inspired by my nephew who should be born at some point today or tomorrow (yay!!), I want to throw out some things to consider when you’re evaluating your housing choices while you’re planning your future or if you’re expecting! There’s some differing opinions on whether it’s easier to move while you’re pregnant or after the baby [...]
New Conforming Loan Limits Are Now In Effect
October 3rd, 2011
Laura Effective this past Saturday, October 1, the new conforming loan limits assumed their new role in our market. Current loan limits are now at $625,500, from the $729,750 “holiday” limit we’ve been at. What does this mean? It means for anyone with a house to sell with a price over $625,500 – your new buyer [...]
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