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You love (or loved) your home and now you want others to love it too!
You don’t want it to sit too long, you want a good price for it, and you don’t want to spend too much money to get it ready, right?
We hear ya!
Here at Dwell Residential Brokerage, we will help you from start to finish in making sure you sell your home in today’s market at a good price and with little frustration. So YOU and the buyer will walk away happy! That’s our goal.
Our founder, Jennifer Myers, comes from a Advertising and PR background so she understands what it takes to market your home in the most strategic and effective way possible. We know how to get your home the attention and foot traffic it deserves.
You can't afford to be out of the loop! Click to learn how our Top Agent Network membership ensures more agent's and buyers know about your property!
First, we approach your home the same way we’d approach a PR or advertising client. Ideally, we start well before you actually put it on the market so we can analyze your situation and come up with a specific marketing plan just for your home. We look at your home as a product to sell and ask the good old basic marketing questions such as “Who is your target audience?”, “What are the unique selling features of this product?” and lastly (this is a biggie!) “What sets your product apart from all the others?”. We answer these questions about your home from a buyer’s perspective and then market and advertise your home accordingly.
"Well, I found you almost by accident and I’m so glad I did! It was a pleasure to work with you, I really appreciate your direct style. And your advice was wonderful, I couldn’t be happier." - Christine
The king of advertising, Don Draper, says, “Advertising is based on happiness….we invent want”. Our strategy sessions are critical as we think outside the box and our unique approach takes selling your home to a new level by asking pointed questions:
Our strategy of analyzing your goals AND selling your home is a key element to our sales efforts but we don’t stop there!
“Thank you for the extraordinary work you did on our condo sale.” - Virginia & Gustof
Today's buyers are better prepared than ever. They're tapped into the Internet and do their own electronic searches, receive seller disclosure forms, order home inspections, etc. PHEW… but we’re just as prepared since we really know buyers, how they think, and how best to reach them.
We’re just as tech-savvy and will promote your home via Internet and smartphone, and we truly know the “curb appeal” importance of Internet listings in today’s market. Your home photos will shine online and not scare away any potential buyers.
“You work and think like I do, hard and straight and to the point and I really appreciate that. Thank you for making such an amazing experience!” - Ellice
We realize the money you get from this sale is the stepping stone to your next home, so we’ll work hard to get the best sales price possible and to steer negotiations in your favor. We even help you with discounting our commissions if you are a repeat client. Yep! If we can help you achieve your goals by giving up a little dough, we’re happy to do so. Let’s rock.
“I would highly recommend Jennifer to anyone looking to sell their property. I listed my condo for a lower price a year ago and it sat on the market for several months for various reasons. Jennifer's name was referred to me by a friend. I met with Jennifer and she gave me a detailed overview of what was happening the market, what the inventory levels were and provided comps on other similar condos that were for sale in my neighborhood. She recommended a few small upgrades, which I made and within 4 days of listing my condo on the market it sold for full price. I cannot thank Jennifer enough for all of her hard work."- Jen
Click here to find out how we sold our client's condo for list price in only 4 DAYS!!
We’ll help you prepare your home and make it look its best for this HGTV-influenced market.
Shhh!! We have some secrets to share with you to make it happen in the most cost-effective way possible.
Sometimes it can be as simple as making your home clutter-free and spending a few days purging your stuff. If it needs more, we can step in to stage your home or help you hire painters or other contractors to give it that extra “umph” to shine.
For some of you, this may be the first home you’re selling. We know it can be emotional to say good-bye to a home you loved and you want a good farewell experience.
Sometimes the best way is to try to distance yourself and view it as a financial opportunity so you can stay focused on getting your home sold.
No worries whether it’s your first time or not, since we are committed to making sure you are well taken care and get superior service from start to finish. You’ll be all set to make more happy memories in your next home in no time…
Click here to start the DWELL Sales Process!
This summer’s reading list includes books that we keep re-reading, recommending, and passing on to others because they show you how to live a more fulfilling and rewarding life, including guidance on how to make the most of your money.
We highlight six books that we recommend to both homeowners and for those who want to become one.
We also are reading ones that address racial inequality and homeownership. Now more than ever it’s important to learn how residential segregation in housing has impacted our country and what we all can do about it.
No matter what, you will find them helpful and enlightening!Continue Reading »
Even though FHA loans have gotten a bit of a bad rap lately because of all the added fees, it’s still a great option for those who have less than stellar credit. For those of you who either have or are thinking about getting a FHA loan, there is one big incentive. It just might help you sell your home!Continue Reading »
As we’ve seen in 2020, you can expect the unexpected! And no one could have predicted this year and its impact on all of us.
It’s been a wake-up call in many ways. That’s why taking a look at your financial “house” – where it’s at and where it’s heading – is more important than ever.
Whether you’re a meticulous vacation planner or more carefree, you don’t want to be laissez-faire when it comes to leaving your home.
No one wants to be enjoying a day at the beach and then have that feeling that something is amiss at home. That’s why the pre-vacation prep of your home is a necessary step […]
We’ve all been home more than usual and although our cities, counties and states are slowly starting to reopen, it seems that this pandemic has shined a bright light on many aspects of how we think and how we live that will last for years to come, maybe even for the rest of our lifetimes.
If the market had a theme song right now, it would be “Patience” by Guns N’ Roses…
“All we need is just a little patience.”
But, as Aristotle said, “Patience is bitter.”
Right now it’s normally the height of the Spring selling season, but it’s far from that since there are hardly any homes on the market.
Before the […]
With real estate being considered an essential business that continues to operate despite the stay-at-home order, many of our clients are continuing to proceed with their real estate plans.
We, of course, want to make sure that it is done in a safe and secure manner. The safety and health of our clients will always be […]
Were you thinking of putting your home on the market, and now aren’t sure what your next step or steps should be?
With the level of uncertainty that we’re all facing with COVID-19, it’s understandable if you want to wait before moving forward with listing your home, especially if there isn’t an immediate need to sell.
Even though we didn’t have a harsh winter, your home still needs to get some loving care now. Both the inside and outside could use a good once-over to make it look its best and keep it well-maintained.
Take the time to schedule some must-do tasks in early spring so you can fully enjoy your home and yard once some gorgeous days come our way.
Remember that the time you spend on regular maintenance will help preserve the value of your home and will help prevent everyday “wear and tear” from turning into costly damage.
The warmer weather can make it a perfect time for some DIY projects. However, seek out an expert for those more difficult clean-up or repair needs.Continue Reading »
There is a certain time in everyone’s life when we start to ask ourselves, “Should I buy a home? Am I ready?”
That question is a bit different now that our communities are dealing with coronavirus. Maybe you were ready to give a confident answer a few weeks ago before the pandemic began.
But how should you […]
Albert Einstein said, “In the midst of every crisis, lies great opportunity.”
For many of our buyer clients, they are seeing an opportunity to buy a home when there are fewer buyers looking right now. They continue to move forward with their home purchases and win offers because of the decreased competition.
Many of our past […]
As many families face job or income losses due to COVID-19, they will turn to relief programs that could help them get through these tough times. The good news is that the CARES Act contains provisions to protect them for losing their homes right now, whether they are homeowners or renters.
However, the bad news is […]
March 24, 2020 — As we all deal with coronavirus and its impact on our communities, we wanted to reassure our clients that we are taking your health and safety seriously and are adhering to CDC guidelines, while continuing to help our clients with their real estate needs.
Despite what is going on in the world, […]
The Federal Reserve announced a second emergency rate cut on March 15 as the U.S. grapples with coronavirus across the nation.
This cut signals that the Fed wants to help stimulate the economy and get ahead of any potential economic downturn in the coming months ahead.
Don’t Be Confused!
It’s important to point out that the Federal Reserve […]
We are all feeling a level of uncertainty as the COVID-19/coronavirus has started to impact our daily lives, with many of you working from home now, with students facing school closings, and with most of us making grocery store runs to stock up on essentials.
First and foremost, let’s all do our part to keep our […]
With busy schedules, it’s easy to let regular home maintenance fall off your to-do list.
Like many homeowners, you might try to cram certain projects into one weekend. Or worse yet, disaster strikes and you get hit with a large bill since you never got around to a minor task that turned into a major issue.
This article is for those move-up buyers who plan to buy their new home first, and then sell their current home. This means that your lender must approve you to buy first, and you’re not required to sell your current home in order to finance your next one.
We are going to cover everything you need to know to make sure you don’t end up with two homes at the same time (at least for too long).
We’ll show you how to buy and sell at the same time when you can financially buy a new home first, and then sell your current home afterward AND not have to carry two mortgages for long.Continue Reading »
This article is for those move-up buyers who need to sell their current home first before buying their next home. Most likely, your lender has approved you only for selling first, then buying.
At this point, you should know your criteria for this next home, your budget, and a neighborhood you’d like to focus on for your home search. You want to be fully prepared and ready to go whether you are selling or buying first.Continue Reading »
It’s never simple when you’re ready to move on to a new home and you already own one to sell, or perhaps rent out.
It’s overwhelming just thinking about what comes first, what to do when, how to pay for everything, and how to time it all so you don’t end up with two homes or no home.
It’s both a logistical and financial dilemma!
That’s why we’re here to help explain how to make this all happen, step by step. And help your stress levels decrease at the same time.Continue Reading »
How to Move Up with Ease Series –Week 2
Our 5-part series is a “how-to” guide for moving up to your next home with as little stress as possible. Whether it’s your first time moving up or you’ve done it before, this series is a great resource.
When you are ready for a new home but also […]
We all love our first home but eventually there comes a point when it’s time to move on. Life changes and so do our needs and wants in a home.
Moving can be a hard decision, both financially and personally, so determine if you’re truly ready for it. Here’s what to consider before you start packing.Continue Reading »
The DC metro area is known as a high-cost area for homebuyers since prices tend to be higher in many sought-after neighborhoods. And getting a loan for a home in these areas can be difficult and costly.
That’s why this new opportunity for 5% down on jumbo loans is good news for many buyers looking for either a lovely single-family home for themselves or if they’re thinking of investing in 2-4 unit properties.
This is perfect for those who thought some homes were out of reach in in the District, Maryland or Virginia!Continue Reading »
Is your home and yard handling the summertime heat and humidity?
The DMV is known for its hot and steamy weather … so don’t neglect certain tasks that will protect your home and let you enjoy the sunny days ahead!
Here’s our handy to-do list to help you prep your home for summer.Continue Reading »
Whether you’re a meticulous vacation planner or more carefree, you don’t want to be laissez-faire when it comes to leaving your home.
That’s why the pre-vacation prep of your home is a necessary step in your departure routine.
Even if it’s a weekend jaunt rather than a week-long adventure, you need to make sure your home is safe and secure from burglars or hazards.
Don’t wait for the last minute to handle these must-do items. Better yet, create a handy list for future reference so it becomes easier and easier each time.Continue Reading »
Did you know that by adding a tree to your yard, you can increase your property value and save on energy costs?
But maybe the cost or your lack of a green thumb is holding you off.
No worries since there are some great programs in the DMV that can help!Continue Reading »
Believe it or not, even small changes in your home can have an impact on your energy use (and your bills!). Many can be easy to implement and are inexpensive too.
Even though we recommend an energy audit by a professional to determine where your home is wasting energy, as discussed in last week’s article, Why Every Homeowner Should Do an Energy Audit, you don’t have to wait to save energy with some simple modifications. Remember that an audit will give you direction on some of the bigger energy issues with your home.
Here are some easy DIY fixes that you can do today or over a weekend to make your home more energy efficient.Continue Reading »
In our 3-part series, Greening Your Home, you’ll learn ways to make your home more energy-efficient while also saving you money in the long run. In this first article, we explain why energy audits can help you solve some of your home’s energy dilemmas. Caring about the environment and being “green” can be easier than you think as a homeowner. You can start today!
A home energy audit may sound like an unnecessary cost, but it really can save you money on energy bills, and even point out any hazards such as small gas leaks.
If you’ve never considered an energy audit before, then we’ll show you why it’s a good way to solve such energy issues in your home.Continue Reading »
The Federal Reserve recently raised the fund rate 0.25%. This is the second increase this year and more increases are expected in 2018.
Even though the Federal fund rate is not linked directly to mortgage interest rates, its movement can impact mortgage rate fluctuations.
Learn just what this means for DC buyers and sellers in this week’s blog post!Continue Reading »
Are you ready to improve your current living situation rather than move to another neighborhood?
Or, have you thought about taking the home you have loved to the next level and make it your dream home for today?
You’re not alone with this thinking. But many homeowners don’t move forward since they believe that financing and lack of cash is a roadblock for them.
We’re here to show you several options (four in fact!) that can help you make that renovation come true!Continue Reading »
Remodeling or renovating your home, whether small or large, requires you to spend some money (or financing) upfront to get the job done.
But there are two questions you should ask yourself during this pre-planning phase for any project, especially costly ones:
– Will it worth it when it comes to resale?
– Will you get a high return on investment (ROI)?
It’s a good idea to do your research first and carefully consider any home improvement project, especially if you’re banking on recouping some of the cost when you sell your home.
Read on to learn more!Continue Reading »
Whether you’re living in a single-family home or a townhome, you need to schedule regular maintenance that tackles the exterior of your home and your yard if you have one.
By keeping up with these seasonal tasks, you can avoid some costly repair bills from damage that could have been prevented. And, remember, that a well-cared for property can better retain its value and attract buyers when it comes time to sell.
Your exterior and yard maintenance can include some DIY tasks or regular service appointments from professionals. Here’s a breakdown of what you should put on your to-do list each season for outside maintenance.Continue Reading »
Ever heard of radon? Well, it’s a big deal. It’s an odorless, colorless gas and is the second leading cause of lung cancer in the United States. It can get trapped in our homes and be at high levels that effect your health and you wouldn’t ever know it unless you tested for it. So read on to learn more about the who, what, where, how to test for radon in your home and remediate it if you have high levels.Continue Reading »
With busy schedules, it’s easy to let regular home maintenance fall off your to-do list.
Like many homeowners, you might try to cram certain projects into one weekend. Or worse yet, disaster strikes and you get hit with a large bill since you never got around to a minor task that turned into a major issue.
Stop causing yourself so much stress! Let the professionals help you, and better yet, have a maintenance plan with them.
Learn which maintenance contracts are absolutely worth it for your home!Continue Reading »
Have you ever been the last one to take a shower and run out of hot water? It could happen when you have too many overnight guests or one family member known for long showers!
But, what happens when your hot water heater stops working efficiently on a daily basis, guests or no guests? That’s when you might need to replace it.
Whether you’re a new homeowner or have been in your home for a while, be aware of potential issues you could face with your water heater. Some issues could be fixed, but others could mean it’s time for a replacement.Continue Reading »
Carbon monoxide is a colorless, odorless, tasteless gas produced by burning gas, wood, propane, charcoal or other fuel.
You must have a CO detector if you have fuel-burning appliances in your home. And if you have such appliances on more than one level of your home, you should have a carbon monoxide detector on each level. And it’s very important to install them near bedrooms too.
Learn about what carbon monoxide is, whether you need to be monitoring for it in your home, and what you need to do to stay safe.Continue Reading »
4614 36th St South, Unit B
Arlington, Virginia 22206
2 Bedrooms, 2 Bathrooms
1,500 Square Ft.
Meticulously renovated 1500 Sq Ft Clarendon in Fairlington Mews. COMPLETELY open concept main level with stainless steel appliances, granite counters & huge island with seating. Refinished original hardwood floors, custom blinds, recessed lighting, 2 expanded walk-in closets in master bedroom & Elfa closet […]Continue Reading »
4209 Illinois Ave NW
Washington, DC 20011
4 Bedrooms, 3.5 Bathrooms
2,650 Square Ft.
Open House Sunday, April 8, 2018 from 1-3 pm
Spread out all over this 4 bedroom, 3.5 bath home…4209 Illinois Ave NW is a spacious, fully-updated home with great outdoor space and parking off Grant Circle in awesome Petworth!
On an adorable residential street lined with Petworth’s signature […]Continue Reading »
As a homeowner, you just never know when you’ll face unexpected and costly repairs for your home. A home warranty can sound like a great solution to this dilemma, but is it really worth it?
Home warranties have gotten a bad rap in the past, but like any warranty or insurance policy, the upfront cost could be worth it in the end. But you do need to read the fine print and understand any of the terms and conditions!
Read on to learn more about the pros and cons of home warranties and whether it’s something that will fit your particular needs and budget.Continue Reading »
Did you know you could get some tax relief on your property if you’re a homeowner in the District or Maryland? (Unfortunately, Virginia doesn’t have any property tax reductions like DC and Maryland).
These local Homestead programs will reduce your property taxes for being a homeowner occupant in a residential property. You MUST apply to these programs in order to get this benefit. Let’s take a look:Continue Reading »
619 Girard St NE
Washington, DC 20017
3 Bedrooms, 2 full baths, 2 half baths
1,950 Square Ft.
This three-story, three-bedroom move-in ready home is meticulously renovated without losing the historical charm. Amenities include gorgeous hardwood floors throughout the whole home, a fully-updated kitchen with stainless steel appliances, a HUGE backyard, and best of all – an entire basement that can […]Continue Reading »
Whether you’re a new homeowner or not, you should carefully look at your assessment each year to look out for mistakes and understand the process. That way, you’ll know what steps you need to take if you want to appeal it and lower it.
Many times you have a limited time to appeal, so know the deadline and the process in your jurisdiction! Become familiar with it now, so you’re prepared when you get that letter in the mail. Deadlines are very strict and must be met.
Here are four steps you need to take to see if you should appeal your assessment.Continue Reading »
Selling your home in the spring is best for most homeowners. There’s no doubt about it but the market is blooming with flowers and buyers … two pluses for you!
Starting in March and going through June, the real estate market is in full force throughout the DC metro area. Just about anyone who is looking for a home is hitting open houses.
If you’re thinking of selling your home this year, aiming to list your home during this time of year can be beneficial for you as a seller.
Here are five reasons why spring is the perfect time to sell your home:Continue Reading »
For buyers who don’t have 20% to put down, lenders require mortgage insurance (MI). This extra payment with your mortgage is not ideal but it’s there to protect lenders in case you default on your loan (and it did allow you to purchase a home!)
There are several different ways to handle the mortgage insurance when you initially buy your home—learn more in our newest blog post!Continue Reading »
Start off the New Year with a resolution to take better care of your home. First off, don’t delay winterizing you home if you haven’t already!
We’ve got a handy list below that will help keep your home protected and prepared for the next winter snowfall or major ice storm (Remember that February and March can have some of the harshest weather in the DC metro area!).
Keep in mind you’ll save money over the long run since regular winter maintenance prevents costly damage to your home AND makes your home more energy-efficient.
Put in the effort today and start creating your own to-do list.Continue Reading »
Both homebuyers and sellers will start off 2018 with some good news when it comes to mortgages!
Effective, January 1st, the Federal Housing Finance Agency increased conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac.
That means buyers will have more spending power when purchasing a home since this action helps them keep pace with rising home prices.
What does that mean for you? Read on to find out!Continue Reading »
You’re ready to trade up to a new home, and that means you’re about to face the homeowner’s dilemma of what to do first: SELL your current home first and use the proceeds to buy a new home, or BUY your new home first and hope your current home sells in a timely manner.
It’s a tricky dilemma since you don’t want to end up with two mortgages at once or having no place to live at all! Here’s how to avoid that Catch-22.Continue Reading »
The big day is finally here! You are going to officially sell your home and hand over the keys to the new owners.
But no one wants the transaction to be sidetracked by any last minutes surprises. Unfortunately, that can happen, but not for you with the handy list below!
Do your homework now and you’ll have a successful settlement. Here’s what you need to do prior to this day, and also what to expect at your closing and what to bring with you.Continue Reading »
You’ve got mixed feelings about moving right now — excited to make new memories in a new home but somewhat sad to be leaving your old home. No matter what, you’ve got to get organized and focused for your big move and all the details it entails.
Here are some ways to help you NOT feel overwhelmed leading up to your move (and your settlement day). Doing some preparation months or weeks ahead can make a huge difference in the final days, so keep that in mind when you first list your home.Continue Reading »
You’re now one step closer to officially selling your home. Even though you have a contract with buyers, you’re not done just yet.
There’s a lot to get completed before closing day, and you might feel like your “to-do” list keeps growing and growing. And, you’re right!
Keep in mind that no one (you or the buyer) wants the transaction to fall through or be delayed at this stage because of a mishap. Here’s what you need to focus on:Continue Reading »
Just because your home is under contract doesn’t mean it’s time to celebrate just yet. Your home needs to be appraised, and the results could sidetrack the entire transaction.
The sale of your home can’t move forward until the appraisal is done and the lender has given its stamp of approval. That’s why this is an important and sometimes stressful step in the closing process.
You don’t want the appraised value to come in lower than the contract price. If so, the lender won’t approve a loan for more than what the home is worth. That means that the price you’ve set for your home is not going to happen!
Make sure you understand this process before you’re in the thick of it. Here are the ABC’s of an appraisal and what you can do to protect yourself as a seller:Continue Reading »
This is the seventh article in our series called, Love Selling Your Home: Minimize Your Stress, Maximize Your Profit, Dwell Residential’s step-by-step guide to selling your home. Our series takes you through the entire home-selling process — from finding a real estate agent to settlement day.
Selling a home is an emotional experience for many […]
How do you know if you’re selecting the BEST offer for the home you’re selling?
Believe it or not, it’s not always about the money!
Here are some smart strategies and tips to keep in mind so that your home is sold to the right buyer, for the right price, and for less stress and anxiety (a big plus for you).Continue Reading »
This is the fifth article in our series called, Love Selling Your Home: Minimize Your Stress, Maximize Your Profit, Dwell Residential’s step-by-step guide to selling your home. Our series takes you through the entire home-selling process — from finding a real estate agent to settlement day.
Now that you’re ready to sell your home, it […]
Selling your home can be an overwhelming and emotional experience. So many never-ending decisions to make and things to do from start to finish.
And many of those decisions can either help maximize your profits from the sale, or hurt them. Just facing that unknown outcome can cause stress and anxiety for many sellers.
That’s why you need to focus on successful strategies that help you price your home “right” from the very beginning!Continue Reading »
First impressions from the get-go are very important when it comes to selling your home.
But you don’t need to spend thousands of dollars to get your home ready. There are many easy and inexpensive ways to make your home look its best and show well to potential buyers.
If you plan to move anytime soon or in the next year or so, start to think about what your home needs to make it shine and be more profitable in the long run!Continue Reading »
You’re ready to sell your home, but how do you know if potential buyers will love it or not?
In real estate we call it the “sale-ability” factor of a home. This comes into play when you compare your home to others that have sold recently in your neighborhood and how you should price your own home.Continue Reading »
If you’ve been thinking about selling your home and are just not sure of the steps involved or even where to start, then our 12-week Love Selling Your Home series is a must for you.
Each week, you’ll get great tips, tactics that work, and some of our best-kept secrets for sellers. We want to make sure that you sell your home for the most profit possible AND with as little stress as possible. Sounds good, right?!Continue Reading »
Everybody lives busy lives and making time for home tasks can be hard. Spending an afternoon watching college football or going apple picking is a lot more fun than doing maintenance.
But, as a homeowner, the consistent upkeep of your home helps to preserve your home’s value and prevent some avoidable and costly damage. Which can […]
First-time buyers in DC could save thousands of dollars in closing costs starting October 1st! Learn how an amendment to the DC Deed Recordation Tax Act could benefit YOU!Continue Reading »
Remember to consult with an attorney or a reputable property management company for details on current housing regulations and procedures, but here is our bonus guide to get you started on what needs to happen if you plan to rent out your DC home.Continue Reading »
Once you’ve decided to rent out your home, you need to think about whether you’re going to do it alone or hire a property management company. There are several benefits to having a company handle many of the landlord duties for your rental.Continue Reading »
How to Become a Landlord Series — Week 2
Most of our clients are investment-minded, and we love the notion of keeping your current home as a rental when you move out of the area or buy a bigger home. But, how do you know if you’re making the right decision and if you’re ready to […]
How to Be a Landlord Series — Week 1
Have you ever wondered whether it would be a good idea to rent out your home instead of selling when it’s time to move? Most of our clients are investment-minded, and we love the notion of keeping your current home as a rental when you move out […]
“I should’ve caulked those windows for a few bucks a tube last summer. Now I’ve got a $2,000 repair bill for mold and water damage. What was I thinking!!”
Big homeowner mistake … that can be easily avoided if you put “preventative” maintenance on your to-do list today. It will be worth your time and money now so that you won’t face costly repairs for any serious (and preventable) damage later on.Continue Reading »
Our 4-week series is a must for every homeowner. Once you buy a home, it’s now all your responsibility! But are you truly prepared for the unexpected? This series is a great overview on what you need to know when it comes to getting homeowner’s insurance, keeping your home safe and secure, and avoiding costly […]
Our 4-week series is a must for every homeowner. Once you buy a home, it’s now all your responsibility! But are you truly prepared for the unexpected? This series is a great overview on what you need to know when it comes to getting homeowner’s insurance, keeping your home safe and secure, and avoiding costly […]Continue Reading »
Before you sign off on that annual renewal, make sure you are fully covered for your current situation but also see where you can save money. You might be able to take any savings and put it toward additional coverage you need now.
Here are some quick tips every homeowner should know about:Continue Reading »
Is your home and yard ready to take the summertime heat? The DC metro area is known for its hot and steamy weather … so don’t let your home get roasted this summer in more ways than you’d like!
Here’s our handy to-do list to help you prep your home for summer:
Keep It Cool
Get your A/C […]
Sometimes you have no choice on when you need to sell your home — a job transfer, you saw another home you really want to buy, or you have an unexpected life change.
Selling in the “off season” — such as summer — isn’t ideal but it can be done.
The housing market does slow down as […]
Even with a well-maintained (and well-decorated) home, staging can increase the price you end up getting for your home and decrease the time it stays on the market. It’s an investment that will reap rewards … trust us! You’ll be pleased with the offers you get on your home.Continue Reading »
The option to rent your home to short-term renters is being debated intensely and we need YOUR help to make sure this benefit of being a homeowner does not disappear.Continue Reading »
It’s time to tackle some must-do tasks in your home and yard. Give your home some loving care and schedule time for some spring cleaning this month.
Even though we didn’t have a harsh winter overall, the inside and outside of your home can use a good once-over to make it look its best.
Even though the overall economy is improving, the cost of borrowing will increase if mortgage rates start to tick up. And that’s where you’ll feel it most directly. Mortgage rates are still historically low, but even a 1 percentage difference can add an additional $50 or more to a monthly mortgage payment depending on the loan amount.Continue Reading »
Buying or selling in the DC metro market requires an understanding of not only the seasonal shifts in market activity but also the weekly flow of the market.
This ebb and flow is not quite so simple to understand at first, but after many years of seeing the same thing over and over again we started […]
The mild weather across the DC metro region last month could have helped play a role in the decade high numbers seen in the housing market. Both sellers and buyers were not snowbound this year and could actually connect and settle, making it a record January for both closed and pending sales.
Inventory, however, remains historically […]
Your cozy home now feels cramped. Your hip neighborhood now feels noisy. Your job and commute have now changed. Your oldest kid starts school next year. Your youngest kid graduated from college.
You change. Life changes. And so do your needs and wants.
Whatever the situation, your home just isn’t a good fit for your family’s needs […]
Selling a home can be overwhelming and time-consuming, and that’s even before you actually list it! If you’re even thinking of selling this year, then you need to start getting your home (and even yourself) ready and prepped as soon as possible.
It’s also important take the time to understand your local housing market and to […]
Start off 2017 with a resolution to take better care of your home. We can make it much easier for you with our helpful series, “Your Home’s To-Do List.”
Our series will spotlight what tasks you should tackle at certain times of the year to make sure your home is well-maintained. Remember, that a well-cared […]
It’s that time of year when the “hustle and bustle” of the holidays begins in full force. You may feel like your to-do lists for decorating, shopping, and baking will never end!
We want you to have a safe and happy holiday season and that’s why we have one more “must-read” list that you should NOT […]
The holiday season just kicked off with one gift that homebuyers are going to love all next year — an increase in the DC metro’s conforming loan limit from $625,500 to $636,150.
The Federal Housing Finance Agency (FHFA) increased the national conforming loan limits for the first time since 2006, including a bump in baseline limits […]
The DC metro housing market kicked off the fall season with some record high levels for closed sales and prices for the month of September. This good news offsets the decline in new and active listings, continuing the lack of robust inventory for buyers in the DC area.
Closed sales for the month of September were […]
3907 9th Road S.
Arlington, VA 22204
2 Bedrooms, 2 Full Bathrooms, 2 Half Bathrooms
This home is beautiful inside and out! From the great outdoor living spaces, TONS of storage and space, two master bedrooms, both with HUGE closets and en-suite baths (perfect for roomies or guests) and a full finished basement, it’ll be hard to see yourself living […]Continue Reading »
We all see the mortgage interest rates on television, the Internet or in the news. But, most of these are just marketing rates – they’re used to give you a general idea and to get you interested. The bottom line is, every loan scenario is unique which means you might get a different interest rate than […]Continue Reading »
You’re ready to trade up to a new home and can’t decide what to do first: Sell your current home first and use the proceeds to buy a new home OR buy your new home first and hope your current home sells in a timely manner.
It’s a tricky dilemma since you don’t want to end up […]
No home sale is every final until you get to settlement. That is a fact and explains why real estate signs say “Contract Pending” before being replaced with “Sold.”
There’s a lot that goes on after a buyer’s offer is accepted by the seller. And a key factor in getting to closing day is the home […]
Our local DC market rocked it last month with record-breaking numbers for prices, closed sales, and new contracts. June is typically at the end of the busy spring selling season, just before the summer lull. But this June did not disappoint and kept up the momentum in several key housing categories. Inventory, however, was low […]Continue Reading »
Buying or selling in the DC metro market means becoming attune to the seasonal shifts in market activity. Whether you’re listing a home or searching for one, you need to change tactics depending on the time of year.
Spring is the busiest and most active time of year. It’s considered a market windfall for most of […]
Last month saw the local housing market buzzing with lots of activity and record-breaking gains despite all the rain we experienced. Closed and pending sales in May exceeded previous months’ numbers, but the area did see a slowdown in the number of new and active listings.
The stronger sales numbers compared to one year ago and […]
Think buying a home in DC is out of reach if you make less than $58,000 a year as a single person? Or, for a family of three with less than $74,000 in income? It can be done!
There are many helpful programs that DC offers for residents in these income brackets, but one we really […]
April showered the DC metro area with market stats that should bring sunny and optimistic smiles to most buyers and sellers! The region saw some decade high levels for prices, closed sales, and new contracts for the month of April.
These recent statistics show how the local housing market is more robust and steadily improving with […]
Have you ever driven by a home with rooftop solar panels and thought, “We should do that!” Well, now could be your opportunity with DC SUN (DC Solar United Neighborhoods), which is striving to make solar power more convenient and affordable.
This group uses the “Costco philosophy” — buy in bulk to cut down on costs.
Monthly Home Maintenance & Enhancement Series
Here’s the next installment of our monthly series, “Your Home’s To-Do List.” We spotlight what home tasks you should tackle at this particular time of the year. In addition to our basic maintenance reminders, we also suggest ways to increase your home’s value and how to “Dwell” happily!
“April Showers Bring […]
The DC metro real estate market “righted” itself in February after experiencing weather-related declines during the previous month. With the snow melting away, the region saw more activity in contracts, listings, and sales, according to data analyzed by RealEstate Business Intelligence (RBI).
Buyers and sellers could breathe a sigh of relief as the apparent dip in […]
Monthly Home Maintenance & Enhancement Series
Here’s the next installment of our monthly series, “Your Home’s To-Do List.” Each month we spotlight what home tasks you should tackle at this particular time of the year. In addition to our basic maintenance reminders, we also suggest ways to enhance your home’s value and how to “Dwell” happily!
Now that tax time is just around the corner, we wanted to remind you of all the great tax benefits you can take advantage of as a homeowner. It’s one of the best perks of owning a home!
If you’re not a homeowner yet, these tax benefits could make buying a home more affordable for you. […]
No one plans to waste money purposely… but sometimes it happens, especially when it comes to our homes. As a first-time homeowner (and even those who are more seasoned), you don’t want your excitement over a new home to crank-up your spending.
Owning a home already adds new expenses compared to renting. At any point in […]
The DC metro area just finished up its best and strongest year since 2007, which was nearly 9 years ago! The housing market finally broke through in 2015 to reach significant gains after steadily inching forward the last couple of years.
The big question is “What’s going to happen in 2016 – continued growth or a […]
With the upcoming holidays – Thanksgiving, Hanukah, Christmas, New Year’s – we bet you’re thinking more about food and family gatherings than putting your home on the market. It might sound crazy but there are a few good reasons why selling your home over the holidays can be advantageous to you!Continue Reading »
Have you evaluated your homeowner’s insurance lately? If not, you just might be paying for more coverage than you actually need.
It’s always a good idea to reassess your needs and any changes in your home that could affect your insurance rates.Continue Reading »
It’s easy to see why. Zillow, the real estate website and app, can provide market information directly to the fingertips of every buyer and seller. However, Zestimates – a coined name for its own estimated market value of home – is not as accurate or consistent as you may think.Continue Reading »
September’s back-to-school shopping turned into “back-to-home” shopping, with the DC metro market hitting the highest September sales numbers in 10 years. This shopping spree was for both pending and closed sales.Continue Reading »
Whether you just got the keys to your new home or have been a homeowner for a while, it never hurts to “Go Green!” Believe it or not, even small changes in your home can have an impact on your energy use.Continue Reading »
Renovating your current home can be easier and less costly than you think. You don’t have to rack up your credit card bills or use up your savings. Or even take out a second mortgage or a line of credit (which aren’t bad financing options themselves.)
We want to offer you two other options that you might not have known about. One of these loans could be the right financing choice for your renovation:Continue Reading »
With the air getting cooler in the DC area, our trees will start turning into those gorgeous
fall colors … and then their leaves will soon cover your yard!
Yep, it’ll be time to rake and schedule other maintenance for your home. Even if you don’t have a yard and are living in a condo, there is still yearly maintenance that needs to be done and now’s the perfect season for this to happen.Continue Reading »
The DC metro housing market posted some highs that haven’t been seen in years, according to the analysis of June 2015 statistics by RealEstate Business Intelligence (RBI). Both buyers and sellers will benefit from these numbers, which indicate steady, positive growth in our market. What a great way to wrap up the spring selling season […]Continue Reading »
Is your “perfect” home driving you crazy now? Moving is out of the question … you love your neighborhood and are SO ready to renovate your home!Continue Reading »
Spring selling season is “smelling like roses” for both buyers and sellers as the DC Metro housing market posts strong numbers again. It’s been a busy time with prices, contract activity, and inventory showing positive increases, according to an analysis of data from May by RealEstate Business Intelligence (RBI).Continue Reading »
DC’s tenant-friendly laws just got a bit friendlier with the new requirement for landlords to give all potential renters a copy of the “DC Tenant Bill of Rights” (TBR). If you’re a landlord or a renter, get ready for the change this summer!Continue Reading »
We get this question from both new clients who are about to buy their first home as well as clients that have owned their home for a while, “How long should I plan to hold on to my home before I sell?”
Whether you want to make a quick profit from the rising real estate prices in the DC area or you face an impending move out of state, it’s important to know how long you’ll need to commit to owning your home for all sorts of reasons.Continue Reading »
The DC metro housing market experienced a strong April, continuing its positive direction with increases in sales, new contracts, and inventories in all market segments. Prices had a just a slight increase from last year at this time but marked their highest April level since 2007.Continue Reading »
As a homeowner, you most likely have gained some equity in your home since living there and paying your mortgage down. Have you ever considered using this equity to pay for a renovation or use for other parts of your life? Is it a good idea or not? We’ll break all this down for you right here.Continue Reading »
Here at Dwell Residential we’ve found a special way to say “Thank You” to our most loyal clients. How does saving thousands of dollars through our loyalty program sound to you?!
It’s so simple with no hidden fine print … we promise. This program gives us a chance to show our appreciation for your trust in us and how much we love working with you. To us, it’s all about making our clients happy with their entire experience when selling their home.Continue Reading »
Did you know that by adding a tree to your yard, you can increase your property value and save on energy costs? But maybe the cost or lack of a green thumb is holding you off. That’s not a problem now — you can do your part in honor of Earth Day and Arbor Day with a little help from a DC-based nonprofit.Continue Reading »
Don’t have at least 20% equity in your home? Then Freddie Mac’s new program – Home Possible Advantage – could make it possible for you to refinance. If eligible, here’s your chance to lower your rates even if you have a maximum loan-to-value (LTV) ratio of 97%.Continue Reading »
Part 4 of the series is a bonus for our DC landlords because being a landlord in DC requires a few more steps before you have a tenant and also when you go to sell your property.
It’s important to fully understand landlord-tenant laws in the District. DC is one of the most tenant-friendly jurisdictions in the country, so there are a lot of hoops landlords have to jump through to make sure the laws and rights of the tenants are being followed.Continue Reading »
You are probably hearing a lot about off-market properties lately.
There seems to be some confusion about whether they’re a good idea or a bad idea, so we wanted to clear this up for you.An off-market property is a home that is not listed on the MLS. Both buyers and sellers often think that an off-market property provides a more “exclusive” transaction.
Let’s review the pros and cons for both buyers and sellers before you move forward with an off-market home.Continue Reading »
You see and hear about interest rates online, on the radio, and TV. So when you call a mortgage lender, you expect to get the interest rate you heard about. Ninety-nine percent of the time, the interest rate you are seeing around town will not be the interest rate you get. Your particular situation, even if you have what lenders see as good credit, may actually be increasing your rate.
Here’s why:Continue Reading »
The housing market for the DC metro area was off to a good start in January 2015, with recent year-over-year statistics showing increases in sales, prices, new contracts and inventories. January is usually a slow time of year for real estate with less activity than in December, but compared to other years it’s stronger, with new contracts at its highest January level since 2011.Continue Reading »
Are you giving your credit score the attention it deserves? If you’re even thinking about buying a home or refinancing your current one in the near future, then you need to show it some love. Make sure you understand the ins and outs of your score and what you can do to make it more […]Continue Reading »
Staging is more popular than ever when it comes to selling a home. But, you might wonder if it’s really worth the inconvenience and upfront costs for you, especially if it’s a seller’s market.
Even with a well-maintained (and well-decorated!) home, staging can increase the price you end up getting for your home and decrease the time it stays on the market.
Here’s a rundown of why staging should be on your to-do list as a seller:Continue Reading »
When you think about selling your home, one of the first thoughts you’ll have is, “What upgrades or improvements should I do to get the highest sale price possible?” For years, we’ve been giving you tips on what to do and not do to get the biggest bang for your buck (Easy Fix-Ups to Make Your Home Shine, How to Get Your Home in Show Shape Quickly, Cheaply and Easily, Simple Tips to Keep Your Dream Home Dreamy) but now we’d like to show you the stats to back it up.Continue Reading »
At first thought, it may seem logical to take any extra money you might have (thank you holiday bonus!) and pay down your mortgage. But we are here to tell you to “stop, collaborate and listen.”Continue Reading »
It’s a New Year, which means it’s time for some self-improvement! Nearly half of all Americans make New Year’s resolutions and it’s no surprise that many of those are money related. Being in good financial health is especially important when it comes to owning a home. Whether you are a soon to be first time home buyer or seasoned investor, it’s always good to make sure your finances are on the right track at least once a year.Continue Reading »
In 2014, Dwell Residential Brokerage helped more people buy and sell their homes than any other small brokerage in Washington, DC!Continue Reading »
This has been a very exciting year for real estate in DC, MD and VA! With one of the healthiest real estate markets in the country, desirable neighborhoods and “cool” inhabitants, we have to say that 2014 has been an outstanding year around here. As 2014 comes to an end and we ask ourselves the question, Where Do We Dwell? We are so grateful to live and work in such an amazing city!Continue Reading »
The state of Maryland just brought some holiday cheer to homebuyers and sellers with its rollout of a new program that makes buying a home more affordable in certain areas of Prince George’s County. It’s like having Christmas, Hanukah and New Year’s all wrapped up into one appealing TriplePlay Initiative!Continue Reading »
Slammed by Snowmageddon? Or maybe it’s just another dusting of snow? It’s truly a guessing game when it comes to DC winters.
No matter what’s in store for this year, your home needs to be ready! These winterizing tips will protect your home and save energy while keeping you warm and toasty.Continue Reading »
There are many reasons why it might be time to move, but the big question is: What should you do with your current home – sell it or keep it as a rental?
With rising home values in our area, it might be a smart financial investment to hold onto the home you own and rent […]
Thinking about moving before the end of the year? If so, let’s make sure you cover all your bases and do it the right way.
Selling a home in the fall market is a little different than the height of the Spring selling season, so here are the straightforward strategies you need to know to get the most profit out of your home during this time of year.Continue Reading »
Everyone wants to avoid these three biggies:
But, don’t worry, there are plenty of things you can do to prevent these! We’ll give you a rundown of the simple steps to take to keep your home in tiptop shape – what to look out for, how to prevent a problem and the price tag of ignoring it.
Here at Dwell Residential, we believe our job doesn’t end at the settlement table. We want to be you resource for all things real estate related even after you move into your first home. Below are the questions we get asked most by our past clients who have bought a home with us. We hope the answers to these questions help you become a more informed homeowner too!Continue Reading »
You live in a home that you love and you want it to be both beautiful and functional. But maybe you’re feeling cramped with clutter or you feel like it just doesn’t feel homey enough. In this article, we show you how to shape your home around YOUR lifestyle, create beautiful spaces, maintain your furniture and continue to save money in the process. Here is your “Keep Your Dream Home Dreamy” Guide.Continue Reading »
Open Houses have been a mainstay in real estate for over 50 years. The goal – to market and sell the home – has remained the same, but a lot has changed about how to make the most of an Open House. Whether you’re attending one after the other all Sunday afternoon or preparing your home for one this weekend, we’ve got the goods on how to make sure you get the most out of an Open House.Continue Reading »
As the Spring buying/selling season comes to a close, there’s good news for both buyers and sellers in the Washington, DC Metro area.Continue Reading »
Winter storms and springtime rain can wreak havoc on a home. The DC metro area got hit harder than usual this year and you don’t want summer storms to add to any problems.Continue Reading »
You’re ready to trade up to a new home and can’t decide what to do FIRST: Sell your current home first and use the proceeds to buy a new home, or buy your new home first and hope your current home sells in a timely manner. It’s a tricky dilemma since you don’t want to end up with two mortgages at once or having no place to live at all!Continue Reading »
This is the eleventh article in our series called, Love Selling Your Home: Minimize Your Stress, Maximize Your Profit, Dwell Residential’s step-by-step guide to selling your home “right” even in today’s robust market. Our series takes you through the entire home-selling process — from finding a real estate agent to settlement day. Look for a new, informative article each week, right here!Continue Reading »
This is the first article in our series called, Love Selling Your Home: Minimize Your Stress, Maximize Your Profit, Dwell Residential’s step-by-step guide to what you need to know to sell your home in today’s market. Our series will take you through the entire home-selling process — from finding a real estate agent to settlement day. Look for a new, informative article each week, right here!Continue Reading »
Your home is hot and buyers want it … badly. But how do you know you’re selecting the best offer when you have multiple ones to choose from? Sometimes it’s not all about the Benjamin’s, baby!Continue Reading »
Selling a home can be exhausting and daunting … but it doesn’t have to be if you follow these smart strategies. Just know that a home will sell for whatever it’s worth, if marketed by your agent correctly. The real estate market is a true market that way. Even in the hottest market, some homes sit and don’t sell. And on the flip side, many homes do sell even in the worst markets. It’s just a matter of how your home is presented and how it stacks up to the competition … so keep these strategies in mind!Continue Reading »
The news is mixed before the holidays. The federal shutdown put a drag on sales in November. That should come as no surprise. Concern about cutbacks pushed buyers to be more cautious, and sales decreased 13.7% compared to last November.Continue Reading »
There is good news in the DC area real estate market and it seems like both buyers and sellers are benefiting. The market is becoming slightly more balanced, which is terrific.Continue Reading »
Being a homeowner can be exciting and fun at times, with lots of freedom to make it your own space but it also comes with responsibilities. When something breaks, it’s not an easy call to a landlord to fix it. You’re the one in charge of any repairs, maintenance, finances, and improvements over the long haul.Continue Reading »
Here at Dwell Residential we think loyalty should be rewarded in a big way. And it doesn’t get better than giving you more money in your pocket!Continue Reading »
Despite current events, the DC market heads into fall with optimism. After a typical August lull, September sales jump 12.1% compared to this time last year. Buyers’ demand remains strong, and median sales prices tops levels last seen in 2007. Sellers like the September market conditions, and push listings up 16.5% over this time last year, slowing the steep decline in inventory.Continue Reading »
The Clash’s famous lyrics “Should I Stay or Should I Go” may come to mind when deciding about whether to move or stay in your current home. Maybe you’re renting and have a great deal but want the equity that homeownership provides. And if you already own, maybe you’re feeling cramped, hating your commute, or finding your noisy neighbors too much to take?Continue Reading »
Jumbo loans are back in a big way, and we mean BIG savings. Typically, jumbo loans have higher interest rates than traditional, conforming mortgage loans … but not now!Continue Reading »
The DC metro market didn’t cool off as the last days of summer approached. Demand remained strong and the number of sales and pending contracts increased compared to last year at this time. It was condo sales (again!) that drove the majority of the increases in both sales and new contracts.Continue Reading »
With the Fall market getting into full swing this week, here is our quick and easy guide to get your home looking its best for its debut on the market! With a little elbow grease in just the right places, you’ll get your home ready for multiple offers in no time.Continue Reading »
Even as the typical summer pace slows, there’s no break in stride for the DC Metro region this July. The market continues to run strong. Home prices are up across the region, so sellers are moving into the market looking to profit.Continue Reading »
Mortgage rates are at an all-time low, but don’t rush into refinancing just yet! Take the time to see if refinancing is right for YOU, right now.
Ask yourself these questions below, and you’ll have a better idea if you’re ready to refinance. Remember to always consult a financial advisor before making any decisions.
How much equity […]
Several key market indicators continue to trend upward in the Washington DC Metro Area. Sales and new contracts had double-digit growth in June and are now at multi-year highs. The inventory shortage also continues to shift for the region.Continue Reading »
Flexible floorplan with washer and dryer on main level—perfect for roomies that allows for a private bedroom, full bath and living room area in the walk-out basement.Continue Reading »
When I was young, our house caught fire right after Christmas. Thank goodness no one was hurt. Our insurance helped to cover the expense of our home being rebuilt and our belongings replaced.Continue Reading »
Think Capitol Hill is not in your budget?! Not anymore …. This studio, in the heart of one of DC’s favorite neighborhoods, is not only affordable but also HUGE.Continue Reading »
Whether you’re buying your first home, your next home or even refinancing, you need to avoid some risky actions that could derail your loanContinue Reading »
The DC Metro market is pumped up right now as we approach the summer season, according to RealEstate Business Intelligence (RBI). It’s good news all around — with May stats showing levels that haven’t been seen since the housing boom.Continue Reading »
If you’ve been paying Private Mortgage Insurance (PMI) for a while, then it might be time to petition your lender to stop this payment requirement.Continue Reading »
With more scrutiny on your finances — whether you’re buying a home or refinancing one — you don’t want to make any needless mistakes to wreck your FICO credit score.Continue Reading »
Selling your home can be an overwhelming and emotional experience. You need smart, straightforward strategies that will help you maximize your profits, maintain control, and reduce the stress that comes along with this process. It can be done with these 6 smart tips:Continue Reading »
Market indicators point to a healthy spring market in the Washington DC Metro Region, according to statistics released by Real Estate Business Intelligence (RBI). April numbers show a spike in new listings for the first time in 2 years and the lowest days-on-market in 8 years.Continue Reading »
You may love your home and neighborhood and can’t ever imagine moving. But, maybe your needs and tastes have changed.
Are you ready for an addition and some extra space?Continue Reading »
You’ve probably seen this on a home-themed TV show: A couple needs to sell their home and a designer comes in and convinces them to renovate their outdated kitchen into a stainless-steel-clad shrine to culinary greatness—for tens of thousands of dollars.
Is the time and cost worth it?Continue Reading »
Starting on July 1, 2013 the Grantor’s tax in Northern Virginia will climb to .25 per $100.00 (this includes the existing tax of .10 plus the new tax of .15). This means that after July 1, on a Sales Price of $500,000. the Grantor will now pay $1,250 instead of the previous $500 in tax.Continue Reading »
Yep, homes are selling almost that FAST in certain neighborhoods across the region, with days-on-market at its lowest level in over seven years. Because of the current low inventory of homes for sale, buyers are quickly making bids on what’s out there, pushing prices up, and most listings are moving.
The DC metro market continues to pick up steam and recent market statistics from RealEstate Business Intelligence (RBI) highlight this momentum. Here’s a quick rundown of the latest stats from March 2013Continue Reading »
You don’t need to spend thousands of dollars to get your home ready to sell. You do, however, want your home to look its best and show well to potential buyers.
The best bet is to focus on updating the basics and not worry about buying luxury fixtures or appliances now. Why buy expensive upgrades you’ll never get to enjoy yourself, right?! But if you spend a little now, you’ll reap the rewards of much better sales price.Continue Reading »
The DC Office of Tax and Revenue increased the Homestead Deduction benefit from $67,500 to $69,100. This benefit is applied as a reduction to a property’s assessed value for the purpose of computing the annual tax liability.
If you are an owner-occupant in a DC property, you qualify for this benefit. The new increased benefit will reduce the annual property tax bill by $587.35.Continue Reading »
With the DC metro market gearing up for the spring selling season, it’s a perfect time to review recently released statistics for telltale signs of what we can expect in the coming weeks.
The metro market is primed for more activity overall with continued price increases and a bump in new listings for all property segments, according to Real Estate Business Intelligence (RBI). These early indications are positive signs for both buyers and sellers!
Here’s an overview of the February 2013 stats with more details and interactive graphs following:
The market stats confirm what we already can sense … there’s just not that many homes for sale right now!
Only 4,000 homes were listed in the DC area in January, according to Real Estate Business Index (RBI). DC area new listings fell 4% compared to January 2012—which doesn’t sound like a big deal. But compared to January 2008, listings were down 62%. That’s a HUGE difference.Continue Reading »
Last week’s flash floods around the DC area were the inspiration behind this week’s blog post. When disaster strikes, which seems to happen at least once per year like Hurricane Sandy or last June’s Derecho, you want to make sure your home is covered so you’re protected.
You never know if and when something will happen — whether it’s a big catastrophe or something less destructive – so you need to be prepared!Continue Reading »
With record low interest rates hovering around 3.4%, you probably think it’s a no-brainer to refinance your home in 2013. With last year’s hectic stampede of refinances — making up 71% of all mortgages – you might not want to miss out now.
Before you move full-steam ahead, first determine if refinancing is really the best choice for YOU right now.
There are other factors to consider than just a super low interest rate. Read these questions below and remember to always consult a financial advisor before making any decisions:Continue Reading »
As we ring in the New Year, it’s tempting to look into a crystal ball to predict what we can expect for housing in 2013. I’ve got some predictions and some hard facts – local market statistics from December – that give both buyers and sellers a better sense of what’s going on and what to expect this year.
Let’s start with the facts…
DC Metro Overview
This easy-to-read chart (above) provides a snapshot of key DC housing trends, compiled with the most recent numbers available from December 2012. Here’s a quick breakdown with some cool bar graphs:Continue Reading »
You may be gearing up for the busy holiday season – hanging decorations, buying gifts, baking cookies — but may think that buying or selling a home right now is not good timing. Think again!
Although the more traditional approach of real estate would dictate that you put your plans to buy or sell away until […]
I’m writing this on Sunday evening as the wind is gusting and rain is starting outside my window. I guess Sandy is really going to make an appearance here in the DC Metro area!
A lot of damage can be avoided if we take a few minutes to prepare. But what should we do? Of course there are the […]
Higher prices and low inventory is what best describes the current market conditions of the entire DC metro area compared to the same time last year. This is across the board in both condo/coop and single family homes in the District, Montgomery County, and Northern Virginia.
All markets experienced a slight bump in the number of […]
Being a homeowner has so many great tax benefits. Whether you are a renter, home owner or investor my latest Money for Lunch interview is full of tips for saving money at tax time:Continue Reading »
Jared wouldn’t give up his dream of a dining table and neither would we. Congratulations Jared! YOU did it! YOU made it happen!
Read about it here: The Pursuit: Dreams of a Dining Table and a CommunityContinue Reading »
The Fall can be a confusing time for real estate. In my latest interview I discuss what Fall inventory means for both buyers and sellers.
Check it out here – Jennifer Myers on “Money For Lunch”Continue Reading »
I’m sure you’ve heard that housing inventory is at historic lows throughout the country and in the DC market. Reports show the number of homes for sales decreased 19% from a year ago July. The DC market is experiencing its lowest inventory in 7 years since August 2005, according to RealEstate Business Intelligence (RBI).
Just like […]
Fixed-mortgage rates moved higher for the 3rd straight week in a row, following long-term Treasury yields. Rates for the week ending August 16, 2012 were as follows:
– 30-Year Fixed Rate Mortgage – Averaged 3.62% with an average .6 point. This is an increase from last week’s average of 3.59%. Last year at this time, 30-Year FRMs […]
Stronger than expected employment rates caused fixed mortgage rates to increase for the second week in a row. Rates for the week ending August 9, 2012 were as follows:
– 30-Year Fixed Rate Mortgage – Averaged 3.59% with an average .6 point. This is an increase from last week’s average of 3.55%. Last year at this time, […]
Existing-home prices continued to show gains nationwide—prices are 4.5% higher than June 2011, according to the National Association of Realtors.
Home prices rise for first annual increase in 5 years, according to real estate listing site Zillow. Nationwide home values rose 0.2% year-over-year to a median $149,300 during the second quarter, the first annual increase since […]
After June’s lackluster employment report interest rates hit all-time lows once again! Rates for the weekend ending July 12, 2012 were as follows:
– 30-Year Fixed Rate Mortgage – Averaged 3.56% with an average .7 point. This is a decrease from last week’s average of 3.62%. Last year at this time, 30-Year FRMs averaged 4.51%.
– 15-Year Fixed […]
Want to know 21 easy ways to sell your home faster and for more money?! Check out this post by Houzz:
10 Ways to Get Organized for The Big Move (via Houzz.com)
– Picture how you want your new home to feel
– Don’t move what you don’t use
– Start a stash of essentials
Read all 10 here.
Would you add anything to this list? What are some of your moving tricks? Leave us a comment below!
In the News…
U.S. home prices increased in April for the first monthly gain since last autumn, according the S&P/Case-Shiller Index. The 20-city composite index gained 1.3% with 19 out of 20 cities registering gains. Of the 20 cities measured, only Detroit took a step backward with a 3.6% reversal.
Home builder sentiment is highest level in five […]
Here at Dwell Residential we think loyalty should be rewarded in a big way. And it doesn’t get better than giving you more money in your pocket! When you’re a repeat client, or a first-time client that both buys and sells with us at the same time, you’ll get a ½ price reduction on our listing side of the commission – so it’s only 1.5% of the home’s sales price. It’s our way to thank you for working with us. Here’s an example of the savings you’ll reap when you get our 1.5% listing agent’s commission compared to the typical 3%. (The buyer’s agent usually gets an additional 3%):
Don’t worry, you won’t be shortchanged with our effort. You'll still get our valued expertise and effective marketing strategies that will get your home the attention and foot traffic it deserves. We are committed to making sure you sell your home with little frustration and for the most profit to you as possible. We’ve created a very unique -- and very successful -- sales formula that gets homes sold in today’s highly competitive DC metro market!
You still have to pay the buyer’s agent and some title fees that are not included in the chart above, but your savings for being a loyal Dwell Residential client are huge. We’ve kept this program a secret for a while, a little thank you surprise for repeat clients, but we now want to share this information with all of our clients. You might ask, “Why do we offer this reduction and how can we not skip on service if we reduce our fees?”
This is just our way of saying THANKS for your continued trust and loyalty. Want to know more? Just fill out the form below and we’ll get in touch with you!