» 2020 » August | Lee Stillwell

Three Ways to Win in a Bidding War

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy […]

August 31, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, […]

August 27, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

Should You Buy an Existing Home or New Construction?

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at […]

August 26, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

Builders & Realtors Agree: Real Estate Is Back

When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place. After the […]

August 25, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

The Top Reasons People Are Moving This Year

Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. According to Zillow: “In 2020, homes went from […]

August 24, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

Ask a Pro About Buying a Home [INFOGRAPHIC]

Some Highlights According to trending data, searches for key real estate topics are skyrocketing online. Clearly, lots of people have questions about buying a home, and other topics related to the process. Working with a trusted real estate professional will help you create the most personalized and helpful experience. Reach out to a local agent […]

August 21, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

Forbearance Numbers Are Lower than Expected

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely. […]

August 20, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

Just How Strong Is the Housing Recovery?

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of […]

August 19, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

Sellers Are Returning to the Housing Market

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research […]

August 18, 2020 Alexandria VA, Arlington VA, Bethesda MD, Chevy Chase MD, Gaithersburg MD, Great Falls VA, Kensington MD, Listings, McLean VA, North Bethesda, MD, Potomac MD, Real Estate Topics, News And Events, Rockville MD, Washington DC

The Beginning of an Economic Recovery

The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it means relative to the […]