The Eric Stewart Group Blog
Trusted resource for local and national real estate news and trending topics, and everything you need to know about the buying and selling process.
Contributed by Adriana Parreira Cora, Realtor with the Eric Stewart Group of Long & Foster There we were on a busy Saturday, standing in line at La Madeleine. My boys were hungry and restless, both had been tagging along with me and their father on our errands. They refrained from running around the long rolls of silk and cotton at G Street Fabrics while I shopped for notions to replace their winter coats missing buttons. They waited patiently for dad to surface from CVS with a bag of first aid supplies to patch their soccer inflicted bruises. In exchange for their good behavior, we promised them a visit to Toys R’Us, our next stop. We ordered hot chocolate and pastries, sat down at the outside patio and enjoyed the sunny, unusually warm fall afternoon while the boys talked about the new toys they would get. There we were, at Mid-Pike Plaza twenty years ago.
CONTRIBUTED BY DR. ERIK TAMMARU, REALTOR WITH THE ERIC STEWART GROUP OF L&F When speaking with prospective clients or friends, I’m often asked about the outlook for real estate in the coming year and whether it’s a good time to buy or sell.
Our Market Ready Guide provides strategic advice and useful tips to get top dollar for your house when the time comes to sell.
CONTRIBUTED BYJIM BECKLEY, REALTOR WITH THE ERIC STEWART GROUP OF LONG & FOSTER REAL ESTATE As we enter the spring market of 2019, the local home inventory is at historic lows. Selling a home is no different than selling anything else; when supply is low and demand is high, prices and competition rise. So how does a buyer position him/herself to win the home of his/her dreams when that exact home is also a favorite of another buyer who is also submitting an offer?
CONTRIBUTED BY DEBBIE ZECH, REALTOR WITH THE ERIC STEWART GROUP OF LONG & FOSTER REAL ESTATE Excitement continues to build as plans for Amazon’s new HQ2 in Crystal City unfold. Of course this raises more questions than answers – what will be the effect on traffic, will the current public transportation be adequate, will our schools become more overcrowded – and of course, what will happen to housing prices and availability.
Contributed by Helen Flynn, Realtor® & SRES®, with the Eric Stewart Group of Long & Foster January is a time for new resolutions, lists, changes, dreams, and plans. Here we are again in January wondering what this new year will bring. Many times last year clients would tell me they were thinking about making a move “next year” or "next spring”. Perhaps you are thinking about thinking about making a move. I am often asked the question, “How will I know it is time?”
Thank you to our clients for the last year - 2018 was one of our greatest, and we can't wait to see what 2019 continues to bring. Our listing agents are here to help you sell your home with confidence and our buyers agents are here to assist in all of your home buying needs.
What does the word “contingency” mean in sales, especially in real estate? Contingency is a simple word from Latin roots meaning to hold together. Wait, if it means to hold together, why is it known as a way out of a contract? Well, consider buying real estate without any contingencies. Would you purchase a home if you couldn’t inspect it, do an appraisal, or check for termites? Or have a loan contingency if you need to get a mortgage? No, hopefully you wouldn’t. You need the contingency to hold the contract together even though, if a contingency isn’t fulfilled, the contract will die.
You hired a Realtor, prepared your property for market, kept your house in immaculate condition for showings, found an interested and qualified buyer, and you finally have a ratified (signed by buyer and seller) contract. Nothing else to do, right? On the contrary, though you’re nearing a sale, there is now a closing process, which should be managed carefully by your Realtor or a qualified member of his/her team. Considering the serious legal implications associated with such a large transaction, you’ll definitely want assistance from someone with plenty of experience in home sales.
There are festive lights and mistletoe all around us this time of year. You are wrapping presents, baking cookies, singing along to classic songs, curling up by the fire with a good book... and entertaining your children, grandchildren, parents, in-laws, and the multitude of extended family you might have joining you. How do you fill the down time, in between family meals and those holiday traditions you've had for years? Be sure to tune in On 12/23 for The Eric Stewart Show's Christmas Show on WMAL 105.9 FM at 8AM.
This is part of our 12 Days of Real Estate event happening NOW on ESG Social Media channels There are people who can walk into a room and visualize what it can become – a coat of paint here, an area rug there, crown molding, soft lighting . . . they can imagine the potential. Unfortunately, most people do not have this ability. Therefore, when selling your home, you don’t want to rely on potential buyers to perceive the appeal of your home on their own; you have to set the stage for them.