Greetings!

Spring has come early in the real estate market, and we are off and running with both buyers and sellers!  The pipeline of sellers is building, and we have a number of clients across DC, Virginia, and Maryland who are already hard at work prepping their homes for a Spring listing. Who do you know that is thinking of selling this year?  Have them contact us for a list of tips on getting your home ready to sell.

We enjoyed a great turnout at our January first-time home buyer class and have already scheduled the next two. They will be held on Sunday, February 22nd andMonday, March 23rd at Arlington Central Library. Feel free to share the registration link with anyone who can benefit from this free resource:http://register.wethmangroup.com

Mortgage rates have dropped to levels not seen since mid-2013. Unsurprisingly, the low rates have sparked a frenzy of mortgage activity, especially for refinancing applications. There is no way to know where rates will head next, but the consensus calls for more expensive loans before long.

One negative consequence of a reviving real-estate market is rising tax assessments. Most homeowners have received their new tax bills and some have seen increases of up to 30%. Understandably, this is causing quite an uproar. The process for coming up with these tax valuations is far from perfect, so it’s possible to appeal them. We’ll be happy to provide current market data if you’re thinking about going down that road. Keep in mind that the window for filing an appeal is usually pretty short.

A development that has largely stayed behind the scenes may severely impact one of the most popular real-estate sites. Zillow is set to lose a large portion of its MLS data feed due to a turf war with ListHub. We never recommend using Zillow for any serious home searching because its data accuracy varies widely. This is only bound to get worse. Contact us to find out which sites supply reliable listing data.

Once again, we thank you for thinking of us with all your real estate needs. It’s never too early to get started with your discussions of mortgages and ‘wish lists’ if you’re thinking of purchasing this year. And sellers should definitely be looking at de-cluttering, repairs, and improvements for spring sales–ask us how to make the best use of your time and money.

Think Spring!

The Wethman Group

Share

{ 0 comments }

Watch the video below to find out what’s happening in the Washington, DC real estate market. This video is about the December 2014 housing market trends in the nation’s capital. If you’d like more info, please contact us.

Share

{ 0 comments }

North Arlington (Orange Line) Condo Update: December 2014

January 13, 2015

Welcome to the latest installment of the North Arlington condo update. Included in the stats are active listings and sales in zip codes 22201 and 22203 (includes Ballston, Virginia Square, Clarendon). Sign up for a market conditions report. See market data for all of Arlington. See more Buyer Resources. See last month’s post on Orange Line Condo prices. Ready […]

Share
Read the full article →

Lowest mortgage rates since 2013!

January 9, 2015

Are you thinking about buying or selling this year? Yesterday, the US Mortgage rates dropped to an all time low since May of 2013 with 30 year fixed rate at 3.73%! This decrease in rates is great news for buyers and sellers, as it helps increase buying power across the board.  With a $500K sales price, and 10% […]

Share
Read the full article →

The Wethman Group’s Real Estate News

January 2, 2015

Happy holidays! Here at the Wethman Group we continue to keep busy–no winter break for us! We have 10 closings on the books for December, and 4 already for January!  Thank you for your referrals and support of our business! Don’t let the winter keep you from considering listing your home.  A recent report shows that February is historically […]

Share
Read the full article →

Washington, DC Real Estate Market Update

January 2, 2015

Watch the video below to find out what’s happening in the Washington, DC real estate market. This video is about the November 2014 housing market trends in the nation’s capital. If you’d like more info, please contact us.

Share
Read the full article →

Sold: 9201 Sudbury Rd

January 2, 2015

9201 Sudbury Rd was was listed and under contract within a week! This stately three level, brick home on quiet tree lined Highland View neighborhood. The home is located on corner “lot and a half”, and features four bedrooms, two and half bathrooms with over 2000+ square feet of living space on all three levels. […]

Share
Read the full article →

When is the best time to sell my house?

December 30, 2014

Sellers always want to know: “When is the best time to sell my home?”. Many automatically think that spring is the best time: after winter is officially over, when their yards look the best, and as kids are finishing their school year. Surprisingly, putting your home on the market in the winter, specifically from January […]

Share
Read the full article →

Just Listed: 1100 Quaker Hill #118

December 17, 2014

One bedroom condo in Alexandria with almost 1000 square feet for under $250k? Spacious one bedroom, one bath condo in Quaker Hill community. Located just off Duke street, near Seminary Hill. Quaker Hill Condos were built in the 1990′s, and offer two courtyards and other community amenities. This main level unit is tucked away off […]

Share
Read the full article →

This Month in Real Estate December 2014

December 16, 2014

Here are just a few of the national real estate numbers we are tracking for you now. For more info contact us.

Share
Read the full article →