Real Estate

Real Estate Is There Evidence of a Flight to the Suburbs as a Result of COVID? Ripple, Wave or Tsunami – Part II By David Howell, Chief Information Officer, McEnearney Associates   In September we took our first look at comprehensive data to see whether there is evidence of “a flight to the suburbs” in the wake of COVID-19, wondering whether urban dwellers were seeking more elbow room and retreating from […]
Real Estate What is the Top Contributor to Household Wealth? The top contributor to wealth in the United States IS homeownership, according to the National Association of REALTORS®. Unsure of taking your statistics from a trade organization? Well, U.S. Census researchers found that the biggest determinants of household wealth are owning a home, followed by a retirement account. Visit the most recent “Survey of Consumer […]
Real Estate What Defines Mid-Century Modern Homes? Colonial, split-level, Cape Cod… it’s no surprise that real estate has its own lingo, right down to the style of a home. In an effort to establish a deeper understanding of home styles, both in terms of how they’re built and what they seek to represent, McEnearney presents a series of articles to explore these […]
Real Estate 3 Key Steps to Winning The Offer When Purchasing a Home The DC housing market is competitive. A lot of the more desirable homes in our area have bidding wars where multiple offers are laid on the table, and the seller gets to pick the one that they think is best. As a buyer, you don’t want to lose out on your dream home because you […]
Home Inspiration To Sell My House Do I Have to Neutralize Everything? Question: I am getting my house ready to put on the market and wanted to ask if everything really needs to be all beige or gray? Answer: The best way to answer this question is…it depends upon the type of property, the target buyer pool, if you are using your furniture and accessories, or if […]
Home Inspiration Should I Stage My Home When I List It For Sale? At some point in every listing appointment the topic of staging comes up. Should I stage? Is it worth the money? In a word: absolutely! There are countless articles and statistics that speak to the return on investment for every staging dollar spent. Professional stagers know how to optimize the home’s layout and visual impact, […]
Real Estate What Should I Expect From a Home Inspection? Home Inspections. So beneficial — even in a very tight inventory market. I get it, sometimes to get a house a buyer might feel they have to waive the inspection. However, I would encourage this buyer to still do a home inspection, post-closing or at least have some experts out to check major systems (HVAC, […]
Real Estate Has COVID Changed Real Estate Consumer Behavior in the DC Metro Area? Ripple, Wave or Tsunami – Part I By David Howell, Chief Information Officer, McEnearney Associates   There has been much national conversation that the COVID-19 pandemic has caused a “flight to the suburbs” as urban dwellers seek more elbow room. Has that happened in the metro Washington, DC market? The region began to shut down […]
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Home Inspiration Top Five Home Improvements to Enjoy Now That Pay Off Later There are certain things that I always recommend to my clients if they are thinking of putting their home on the market in the next five years. Putting some money into updating your home now can make it more appealing to buyers down the line. It will also allow you to enjoy the updates before […]
Real Estate Senior Law Day – Should I Stay or Should I Go?   When the punk rock band The Clash put a song with this title on their 1981 album release, they surely never imagined the classic lyric being used in a Senior Housing context. Senior Services of Alexandria (SSA) along with the Alexandria Bar Association is proceeding with its annual Senior Law Day — only virtually […]
Real Estate Using Bridge Financing to Purchase a Home Without Selling First   Ask any real estate agent doing business in the D.C. metropolitan area, and they will tell you it is almost impossible to make a competitive offer to purchase a home if you must sell your existing home first. Contract offers contingent upon the sale of an existing home are often dismissed right out of […]
Real Estate Renting – What Happens When Your Ducks Won’t Stay in a Row?   Some of us are planners, and some of us are part-time planners and part-time “Winging-it”-ers. Even planners have been thrown for a loop by 2020. This past spring/summer has made the most organized people I know distracted and upended by events. The strategic thinkers in the rental world today are a good example. They […]
Home Inspiration 17 Dreamy Patios and Delightful Gardens On the Market Now The temperature is up and the sun is out! This means Washingtonians are out looking to enjoy the best of summer – from relaxing or grilling on patios, to water recreation spots in our region, and any number of delights in between. Coronavirus has people looking more than ever for their own private outdoor space, […]
Home Inspiration Are Solar Panels Worth the Investment?   Solar panels have been around for years, but have recently become an option for residential homeowners. Despite the panels’ impact on an owner’s utility bills and appeal to climate-conscious consumers, what impact do the glass panels atop a roof have when it comes time to sell your home? McEnearney agents chimed in to answer the […]
Real Estate How Hot is the Summer Real Estate Market? Short answer: Like the weather, it’s really HOT! The last time I wrote an article for InsideNoVa, it was March, and we were at the beginning of closures due to COVID-19. We were all very nervous about what lay ahead for our health, wealth, and employment. For some, it has been a very challenging and […]
Home Inspiration 9 Amazing In-Ground Pools on the Market Now It’s official, summer is here! The pool covers are off and the water wings are out. With the start of summer also comes the sweltering heat that us Washington metropolitan area residents are all too familiar with. What better way to beat the heat than to dive into your brand new pool?! Whether you’ve always […]
Home Inspiration Is It a Rowhouse? Is It a Townhouse? What’s the Difference?! Colonial, split-level, Cape Cod… it’s no surprise that real estate has its own lingo, right down to the style of a home. In an effort to establish a deeper understanding of real estate home styles, in terms of how they’re built and what they seek to represent, McEnearney presents a series of articles to explore […]
Home Inspiration Why Do Design Trends Become Popular? Question: Why do design trends become popular? Answer: As a realtor, I see a lot of the same features in the homes I visit. Sparkling white subway tile — check. Main level powder rooms — check. Ooh, a porch? Check, check! No, wallpaper really isn’t a feature that buyers are looking for — please remove […]
Real Estate How Do I Sell and Buy at the Same Time? A question I often get, especially during the current competitive, low-inventory market, is “How do I sell my DC Metro-area home and buy another one, when I need my proceeds from the current home to finance the new home?” It’s a great question because it’s confounding, confusing, and an overwhelming process – the mention of […]
Real Estate First Time Home Buyer Loan Programs If you have made the decision to purchase your first home, you may benefit from some of the “First Time Homebuyer” mortgage programs which exist. Many lenders offer the Fannie Mae HomeReady and Freddie Mac Home Possible programs to qualified borrowers. In addition, Virginia, Maryland, and DC each have mortgage revenue bond programs available to […]