Comments for Thoughts on the Washington, DC, and Northern Virginia Real Estate Market http://blog.wethmangroup.com Thoughts, Opinions, and Rants and Raves about the DC Area Real Estate Market Thu, 20 Jan 2011 14:24:48 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on How do I Find a Good Investment Property? by Market Update – January 2011 | Falls Church Real Estate Newshttp://blog.wethmangroup.com/2010/11/29/how-do-i-find-a-good-investment-property/comment-page-1/#comment-743 Market Update – January 2011 | Falls Church Real Estate News Thu, 20 Jan 2011 14:24:48 +0000 http://blog.wethmangroup.com/?p=1198#comment-743 [...] Washington Post article. (Thinking of buying an investment property? Read our recent blog posts on finding a property and calculating cash flow, then attend our free class on January [...] [...] Washington Post article. (Thinking of buying an investment property? Read our recent blog posts on finding a property and calculating cash flow, then attend our free class on January [...]

]]> Comment on FHA Mortgage Insurance Set to Increase by Brad Yzermanshttp://blog.wethmangroup.com/2010/09/09/fha-mortgage-insurance-set-to-increase/comment-page-1/#comment-629 Brad Yzermans Mon, 27 Sep 2010 21:04:56 +0000 http://blog.wethmangroup.com/?p=1088#comment-629 Hi Katie, great site...packed full of good info for your clients. I have already seen an impact of the higher FHA monthly UFMIP for two borrowers. One client buying a home had to re-adjust what homes he is looking at because his DTI is impacted by the higher MI rate and another borrower was planning on refinance to take advantage of the lower rates but the new .90% MIP rate is greatly reducing his his benefit by increasing his payment! Hi Katie, great site…packed full of good info for your clients. I have already seen an impact of the higher FHA monthly UFMIP for two borrowers. One client buying a home had to re-adjust what homes he is looking at because his DTI is impacted by the higher MI rate and another borrower was planning on refinance to take advantage of the lower rates but the new .90% MIP rate is greatly reducing his his benefit by increasing his payment!

]]> Comment on Congress Considers Bill to Speed Short Sale Requests by Steve Bakerhttp://blog.wethmangroup.com/2010/09/23/congress-considers-bill-to-speed-short-sale-requests/comment-page-1/#comment-620 Steve Baker Fri, 24 Sep 2010 14:38:04 +0000 http://blog.wethmangroup.com/?p=1114#comment-620 That is great news. It will create more opportunities for home buyers and sellers as well as increase sales for realtors. That is great news. It will create more opportunities for home buyers and sellers as well as increase sales for realtors.

]]> Comment on Katie’s HGTV “My First Place” Episode Airs Tomorrow! by Alberthttp://blog.wethmangroup.com/2010/09/07/katies-hgtv-my-first-place-episode-airs-tomorrow/comment-page-1/#comment-569 Albert Wed, 08 Sep 2010 19:17:20 +0000 http://blog.wethmangroup.com/?p=1085#comment-569 Posting on other people’s real estate blogs is not something that I do regularly. However, after reading your blog and reviewing your site over the past couple of months I had to give you my two cents. The potential you have at being one the main voices, if not the main voice in your market is incredible. I am not sure how much time you allot at posting on your site, but if you posted here as regular as possible I am almost positive you would see more numbers. Not to mention the additional income you could receive from advertisements. I am definitely taking notes. Good Luck! Posting on other people’s real estate blogs is not something that I do regularly. However, after reading your blog and reviewing your site over the past couple of months I had to give you my two cents. The potential you have at being one the main voices, if not the main voice in your market is incredible. I am not sure how much time you allot at posting on your site, but if you posted here as regular as possible I am almost positive you would see more numbers. Not to mention the additional income you could receive from advertisements. I am definitely taking notes. Good Luck!

]]> Comment on Property Tax Rates by Katie Wethmanhttp://blog.wethmangroup.com/2010/08/20/1043/comment-page-1/#comment-547 Katie Wethman Sat, 28 Aug 2010 23:40:40 +0000 http://blog.wethmangroup.com/?p=1043#comment-547 Hi LookingInVA, Good Question. Yes, these are just the county tax rates. Hi LookingInVA, Good Question. Yes, these are just the county tax rates.

]]> Comment on Property Tax Rates by LookingInVAhttp://blog.wethmangroup.com/2010/08/20/1043/comment-page-1/#comment-533 LookingInVA Mon, 23 Aug 2010 21:17:53 +0000 http://blog.wethmangroup.com/?p=1043#comment-533 Are these just county taxes? Seems to me that most MD homeowners pay a big bite in city taxes on top of county taxes. Of course, prices seem to compensate somewhat. Are these just county taxes? Seems to me that most MD homeowners pay a big bite in city taxes on top of county taxes. Of course, prices seem to compensate somewhat.

]]> Comment on How Far Below Asking Price Can I Offer if a Listing is New to Market? by Katie Wethmanhttp://blog.wethmangroup.com/2010/03/06/how-far-below-asking-price-can-i-offer-if-a-listing-is-new-to-market/comment-page-1/#comment-522 Katie Wethman Sat, 14 Aug 2010 20:53:06 +0000 http://blog.wethmangroup.com/?p=718#comment-522 Great question, Spider. I ran stats for properties that sold in July 2010. For properties on the market between 30 and 60 days, they sold for 97% of the current list (that is, the list price at the time of the offer), and 94% of original list price. (So in other words, most sellers had a price drop somewhere in that time frame, and that price drop was enough of a draw to get an offer.)For properties on the market more than 60 days, the stats are 100% of last list, and 94% of original list. Great question, Spider. I ran stats for properties that sold in July 2010. For properties on the market between 30 and 60 days, they sold for 97% of the current list (that is, the list price at the time of the offer), and 94% of original list price. (So in other words, most sellers had a price drop somewhere in that time frame, and that price drop was enough of a draw to get an offer.)

For properties on the market more than 60 days, the stats are 100% of last list, and 94% of original list.

]]> Comment on How Far Below Asking Price Can I Offer if a Listing is New to Market? by Spiderhttp://blog.wethmangroup.com/2010/03/06/how-far-below-asking-price-can-i-offer-if-a-listing-is-new-to-market/comment-page-1/#comment-520 Spider Thu, 12 Aug 2010 19:57:21 +0000 http://blog.wethmangroup.com/?p=718#comment-520 This was interesting, but what is the (sales price / list price) ratio for properties that sold after, say, 20-60 days on the market? What about for properties that sold after 60-120 days? This was interesting, but what is the (sales price / list price) ratio for properties that sold after, say, 20-60 days on the market? What about for properties that sold after 60-120 days?

]]> Comment on Reasons to Sell Your Investment Property in 2010 by Wholesale Investorhttp://blog.wethmangroup.com/2010/05/12/reasons-to-sell-your-investment-property-in-2010/comment-page-1/#comment-512 Wholesale Investor Thu, 05 Aug 2010 21:15:07 +0000 http://blog.wethmangroup.com/?p=857#comment-512 Katie, good points made about selling your property in today's market. Interest rates are low and catching the attention of first time home buyers throughout the U.S., making it an ideal time to put your investment property on the market to catch someone's eye. Rates won't always be this low and will slowly creep upwards as the market stabilizes, so investors, take advantage while you are still able to! Katie, good points made about selling your property in today’s market. Interest rates are low and catching the attention of first time home buyers throughout the U.S., making it an ideal time to put your investment property on the market to catch someone’s eye.
Rates won’t always be this low and will slowly creep upwards as the market stabilizes, so investors, take advantage while you are still able to!

]]> Comment on Bedrooms Defined by Tweets that mention Bedrooms Defined | Thoughts on the Washington, DC, and Northern Virginia Real Estate Market -- Topsy.comhttp://blog.wethmangroup.com/2010/04/09/bedrooms-defined/comment-page-1/#comment-301 Tweets that mention Bedrooms Defined | Thoughts on the Washington, DC, and Northern Virginia Real Estate Market -- Topsy.com Fri, 09 Apr 2010 18:14:53 +0000 http://blog.wethmangroup.com/?p=775#comment-301 [...] This post was mentioned on Twitter by Katie Wethman and Wethman Group, Katie Wethman. Katie Wethman said: New Blog Post: Is this room a bedroom? http://tinyurl.com/NoVaBedroom [...] [...] This post was mentioned on Twitter by Katie Wethman and Wethman Group, Katie Wethman. Katie Wethman said: New Blog Post: Is this room a bedroom? http://tinyurl.com/NoVaBedroom [...]

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