The Wethman Group’s Real Estate News

Greetings!

We are enjoying a very busy summer here at The Wethman Group! We had 24 settlements in June and July and expect to keep the momentum into Fall!

We recently held our annual baseball outing client event at Nationals Park!It was a “balmy” July day but fun was had by all who came out. We want to thank those of you who joined us in cheering on the Nats and look forward to hosting more client events soon!

If you are friends with us on facebook you may have seen pictures of our new MOVING TRUCK!  Moving soon?  Picking up new furniture?  Need a truck for a charitable event? The truck can be used locally free of charge by both past and current clients as part of our client appreciation program! Please contact us at truck@wethmangroup.com for more information.

In market news, Real Estate Business Intelligence is reporting that the Washington, DC, metro housing market sustained strong sales in June, with the sales at the highest monthly level in nine years and pending sales at the highest June level in a decade. Sales increased 14% over June 2014. Specifically, Arlington County showed the highest June median sales price in the region, while Falls Church had a fairly significant decline. But there are rumblings nationwide about a market shift coming…Call us if you want to discuss market trends!

Realty Trac’s vice President is predicting that now is the time to sell and we agree! We have been reporting that rising home prices, demand from home buyers, and less competition is making 2015 THE year to sell. If you’re thinking of selling this year, contact us so that we can pull together market data now to optimize timing.

In mortgage news, the Consumer Financial Protection Bureau is planning to address problems that surfaced during the meltdown of the housing market when millions of buyers took on complicated loan products they didn’t understand and ended up losing their homes in short sales or foreclosure. (Better late than never??) Some experts feel this will slow the loan process and may cause some hiccups initially. These changes are tentatively scheduled for August 1st. If you are thinking about buying in the next six months you should give us a call now so we can explain how this could effect the lending process for you.

Want to know more about buying a home with us?  Watch this short video about the home buying process!

Buying a Home with the Wethman Group
Buying a Home with the Wethman Group

We make it our top priority to be abreast of all the latest information available to help you make the best real estate decisions at the right time. Call or email us to discuss your real estate needs.

All Our Best,

The Wethman Group

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