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Art Real Estate Group Video Blog

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Don’t Make These Mistakes When Buying

Art Real Estate Group Video Blog ·

2019/10/08

Selling a home? Get a free home value reportBuying a home? Search all homes for sale Let’s say you’ve found the house of your dreams, you’ve got it under contract, and in 30 days, you’ll be handed the keys. First of all, congratulations! That being said, if you don’t want to jeopardize your plans of becoming a homeowner, here are five common buyer mistakes you need to avoid making: 1. Quitting your job. Now is definitely not the time to quit your job or get fired. Before closing, your

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How You Can Appeal Your Home’s Tax Assessment

Art Real Estate Group Video Blog ·

2019/09/23

If you think your home’s tax assessment is too high, you can always appeal it. Selling a home? Get a free home value report Buying a home? Search all homes for sale As a homeowner, tax assessments are something you have to deal with on every year. Upon finding out that their property tax has increased, many people simply throw their assessment in the shredder and accept the increase without giving it a second thought. Don’t do that! If you read your assessment carefully, you’ll see that you

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Real Estate Market Conditions in Northern Virginia,...

Art Real Estate Group Video Blog ·

2019/09/09

Selling a home? Get a free home value report Buying a home? Search all homes for sale For this market update, I’ve compiled the data from the Northern Virginia, D.C., and Maryland real estate markets because all of the numbers are so similar. Here’s what you need to know. Let’s start by looking at what the real estate market is doing today. The median sold price in the D.C. Metro is up by 2.91%. Although there is a 17% appreciation rate right now in Arlington, it’s from a much smaller sample

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What Are Instant-Offer Companies?

Art Real Estate Group Video Blog ·

2019/08/19

Selling a home? Get a free home value report Buying a home? Search all homes for sale You’ve probably heard on TV, radio, or the internet ads from companies that are launching an iBuyer program. But what are iBuyers? An iBuyer, or instant buyer, is a company that buys properties from sellers quickly and conveniently. When you sell to an iBuyer, you don’t have to list the house for sale on the market; in fact, you don’t need to do much with the home at all as far as preparation goes. Like their

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The Truth About Amazon’s Impact on Home Values in Our...

Art Real Estate Group Video Blog ·

2019/08/05

Selling a home? Get a free home value report Buying a home? Search all homes for sale What kind of effect will Amazon have on home values in our Northern Virginia/D.C./Maryland marketplace? Should you sell now, buy now, or wait? The answer depends on where you live and what kind of house you have. I did some research about the average yearly salary of Amazon employees, and truth be told, I wasn’t that impressed—depending on the position, the answer usually ranged from $58,000 to $128,000

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Should You Invest in Real Estate Today?

Art Real Estate Group Video Blog ·

2019/07/19

Given that today’s market leans heavily toward sellers, should you invest in real estate? The answer is yes, but not without following these tips. Selling a home? Get a free home value report Buying a home? Search all homes for sale Our current market is booming with activity and inventory sits at an all-time low, which is leading many of my clients to wonder if there are still opportunities to invest in real estate despite the definite seller’s market we’re in. Admittedly, as someone who’s

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A Quick Virtual Tour of a Gorgeous Property

Art Real Estate Group Video Blog ·

2019/06/24

Selling a home? Get a free home value report Buying a home? Search all homes for sale Our newest Great Falls property is absolutely gorgeous. Listed at $3.69 million, this luxurious home boasts a whopping 14,000 square feet. You’ll definitely want to see the stunning photos of this incredible home, both inside and out. We’ve even captured some incredible shots using drone photography.If this home has captured your attention or if you have any questions, feel free to give me a call.

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What Do the 5 Richest Counties in the U.S. Have in...

Art Real Estate Group Video Blog ·

2019/06/07

Selling a home? Get a free home value report Buying a home? Search all homes for sale What do the five richest counties in the U.S. have in common? Before we answer that question, let’s add some context to it. According to U.S. News & World Report, the median household income for counties around the nation is $57,652. What constitutes a household? According to the Census Bureau, a household refers to a single housing unit and all of the people that live in it. For example, a studio

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What’s Going on in Our Spring Market?

Art Real Estate Group Video Blog ·

2019/05/20

Selling a home? Get a free home value report Buying a home? Search all homes for sale It’s hard to believe that it’s already May. Now that the first quarter is behind us, let’s take a look at what’s been happening in the market. Specifically, we’ll be going over data related to how conditions have changed since this time last year. Let’s start with Northern Virginia. Year over year, the median home price has risen by 3.3% (up to $465,000). This rise is likely thanks to the current high

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Make Your Yard Shine With these Spring Cleaning Tips

Art Real Estate Group Video Blog ·

2019/05/02

Selling a home? Get a free home value report Buying a home? Search all homes for sale Here are a few spring cleaning tips for your property that will help make the outside look clean and organized: Trim the trees. Sometimes I trim the trees on my property during the fall, but this year we decided to do it in spring. Remove any dead plants or bushes and plant some new ones in their place. Adding dark mulch always is always a nice touch. Reevaluate the lawn. You might have some bald spots

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How the Latest Stats From Our Market Compare to Last...

Art Real Estate Group Video Blog ·

2019/04/08

Selling a home? Get a free home value report Buying a home? Search all homes for sale What’s the latest news from our Northern Virginia/Maryland/Washington DC market? Here are the latest statistics and how they stack up compared to this time last year:Northern Virginia: The median sold price rose 4.65% to $450,000 The average days on market dropped 19.23% to 63 days—this number is higher because it includes luxury homes, which often take two or three years to sell Homes are selling at 98%

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Tips for Getting off the Mortgage Treadmill

Art Real Estate Group Video Blog ·

2019/03/01

Selling a home? Get a free home value report Buying a home? Search all homes for sale I just jumped off the treadmill in my home gym, which got me thinking about a different kind of treadmill: the mortgage treadmill. Many of us jumped on this treadmill whole-heartedly, but we can’t wait to get off of it. Truth be told, I’d rather be paying my mortgage than paying someone else’s, so that’s fine. Reports show that people who own homes have a net worth that’s 44 times higher than renters. Even

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The Top 5 Mistakes Sellers Make

Art Real Estate Group Video Blog ·

2019/02/12

Selling a home? Get a free home value report Buying a home? Search all homes for sale Are you having trouble selling your home? If so, it may be because you've made one of these five home selling mistakes:1. Overpricing the home. People think they can simply price their home high and negotiate if necessary. While it’s possible, this is not recommended. When you sit on the market for months before adjusting your price, it doesn’t reflect well on your listing. Even after the price has been

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Buy the Right Home at the Right Price By Following...

Art Real Estate Group Video Blog ·

2019/01/29

Selling a home? Get a free home value report Buying a home? Search all homes for sale If you’re a homebuyer in our market, here are the five P’s you need to remember to find the right home at the right price:1. Professional: Find a real estate professional to work with. Work with someone who knows the area you want to buy in and knows how to negotiate. We’re in a low-inventory market here in the DC area, so if you don’t hire an expert to represent you, you won’t get the property you want. 2

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Happy Holidays, From Us to You

Art Real Estate Group Video Blog ·

2018/12/18

Selling a home? Get a free home value report Buying a home? Search all homes for sale 2018 was a wonderful year for our team, and we’d like to thank you for the business you’ve given us—we couldn’t be where we are without you. This holiday season, we hope you’re able to spend plenty of time with family, friends and loved ones. May this new year bring you and your family joy and prosperity. We look forward to continuing to meet your real estate needs in 2019 and beyond. Happy Holidays!

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Should You Build a New Home or Renovate Your Current...

Art Real Estate Group Video Blog ·

2018/12/04

Selling a home? Get a free home value report Buying a home? Search all homes for sale People say renovating is actually a nightmare—it’s painful and difficult. Well, so is moving; there’s no real easy way out. So if your home has run out of space, you have two options: build on or expand your existing home or move to another.Now, many of you like your neighborhoods, and if you live in Arlington and want to stay here, let’s explore the option of expanding your home.You’ll need to make sure

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The National Market Is Shifting, but Are We Shifting...

Art Real Estate Group Video Blog ·

2018/10/23

Selling a home? Get a free home value report Buying a home? Search all homes for sale If you’ve been paying attention to the latest nationwide market statistics, you might’ve noticed that in many areas around the country, we’re shifting from a seller’s market to a buyer’s market. In our Northern Virginia/D.C./Maryland area, however, we’re still in a seller’s market.Let’s recap some year-over-year statistics from this past September. In Virginia, the average days on market was 39 days, which

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Buyers’ Standards Are High—Does Your Home Stack Up?

Art Real Estate Group Video Blog ·

2018/09/13

Selling a home? Get a free home value report Buying a home? Search all homes for sale My guest Mike is a real estate broker in Virginia, Maryland, and D.C; he and I partnered up a month ago and today we’d like to talk about the importance of your property’s condition when it comes to selling your home.Three months ago when the market was busier, people couldn’t get away with failing to paint their house, fix the grout in the bathrooms, or other such details, even though they felt they

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What the Upcoming Recession Means for Real Estate

Art Real Estate Group Video Blog ·

2018/08/17

Selling a home? Get a free home value report Buying a home? Search all homes for sale Many of my investors ask me when the next recession is going to happen. The truth is that I don’t know. All I can do is look for answers. Many smart economists predict that the recession might start in 2020.Our economy has been expanding since 2009 and we have seen almost a decade of growth. All signs point toward a recession soon. However, to my friends that invest in real estate, there’s no need to panic

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What You Need to Disclose in Virginia, Maryland, and...

Art Real Estate Group Video Blog ·

2018/08/03

Selling a home? Get a free home value report Buying a home? Search all homes for sale Today I want to talk about property disclosure as the seller. Many people have asked me what they need to disclose about their property when selling. To answer this, I should start by saying that what you have to disclose depends on where you live. Each state actually has different rules about disclosures.Virginia, for example, is a “buyer-beware” state. If you read Virginia's one-page disclosure, it pretty

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