Tuesday, February 23, 2016

Upper Marlboro Zip code 20774 MD Homes for Sale and Sold for JANUARY 2016

Upper Marlboro Zip code 20774 MD Homes for Sale and Sold for
JANUARY 2016.

Upper Marlboro Zip code 20774, MD Homes for Sale has seen steady price improvement month to month as well as year to year as inventory levels remain consistent with season.

Homes Recently Sold in Upper Marlboro Zip code 20774 for January 2015:

Contact Keji & Associates of Fairfax Realty @ 301-613-2043 for Information on Homes for Sale and Sold in Upper Marlboro

Upper Marlboro zip code 20774 Homes Inventory For January 2016: The total number of homes sold for January 2016 is 31 a decrease of 20.5% from last year with an average time of 67 days in the market and decrease in value of 20.5%

Homes Sales by Neighborhood in Upper Marlboro Zip Code 20774

Perrywood, Upper Marlboro, MD: The Median home price for January 2016 is $350,000 an increase of 29.5% from same time last year.

Rambling Hills, Upper Marlboro, MD The Median home price for January 2016 is $235,00 a decrease of 8.3% from same time last year.

Kettering, Upper Marlboro, MD: The Median home price for January 2016 is $274,000 a decrease of 7.3% from same time last year.

Springdale, Upper Marlboro, MD The Median home price for January 2016 is $239,000 an increase of 49.4% from same time last year.

Oak Creek Club, Upper Marlboro, MD The Median home price for January 2016 is $484,950 an increase of 9.4% from same time last year.

The following neighborhoods in Upper Marlboro zip code 20774 did not any home sold in January 2016 just like last year 2015.

Bellehaven Estates, Upper Marlboro, MD

Beech Tree, Upper Marlboro, MD

Brock Hall Manor, Upper Marlboro, MD

Cameron Grove, Upper Marlboro, MD

Chester Grove, Upper Marlboro, MD

La Dova Heights, Upper Marlboro, MD

Lake Pointe At Town Center, Upper Marlboro, MD

Largo Knolls, Upper Marlboro, MD

Largo Town Center, Upper Marlboro, MD

Pines, Upper Marlboro, MD

Ramblewood, Upper Marlboro, MD

Treetop, Upper Marlboro, MD

Watkins Place, Upper Marlboro, MD

http://www.metrohomesrealty.com/home-value-request

If you are thinking of putting your house on the market for sale in Upper Marlboro. I will like to share with you additional pointers to get to SOLD Fast. Get personalized Home Value Estimator Here.

Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold for our clients in Bowie, Upper Marlboro, Fort Washington and other parts of the metro area. We delight our clients by delivering world class service every step of the way and we strive to create a win-win situation this is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website . www.metrohomesrealty.com

Fort Washington Zip code 20744 MD Homes for Sale and Sold for JANUARY 2016

Bowie Zip code 20720 MD Homes for Sale and Sold for
JANUARY 2016.

Fort Washington Zip code 20744, MD Homes for Sale has seen steady price improvement month to month as well as year to year as inventory levels remain consistent with season.

Homes Recently Sold in Fort Washington Zip code 20774 for January 2016:

Contact Keji & Associates of Fairfax Realty @ 301-613-2043 for Information on
Homes for Sale and Sold in FortWashington

Fort Washington zip code 20744 Homes Inventory For January 2016: The total number of homes sold for January 2015 is 34 a decrease of 5.6% from last year with an average time of 65 days in the market with an average sold price of $272, 294 and decrease in value of 5.6%

Homes Sales by Neighborhood in Fort Washington Zip Code 20744

Forrest Knolls, Fort Washington, MD The Median home price for January 2016 is $273,000 an increase of 17.7% from same time last year.

Tantallon On The Potomac, Fort Washington, MD The Median home price for January 2016 is $461,000 an increase of 11.1% from same time last year.

Tantallon South, Fort Washington, MD The Median home price for January 2016 is $264,500 an increase of 24.8% from same time last year.

Maplewood, Fort Washington, MD The Median home price for January 2016 is $250,000 an increase of 316.7% from same time last year.

The following neighborhoods in Upper Marlboro zip code 20774 did not any home sold in January 2016 just like last year 2015.

Applegrove, Fort Washington, MD

Aragona Village, Fort Washington, MD

Brooke Manor, Fort Washington, MD

Devon Hills, Fort Washington, MD

Indian Queen, Fort Washington, MD

Indian Queen East, Fort Washington, MD

Kilbourne Estates, Fort Washington, MD

Murray Hill, Fort Washington, MD

Oaklawn, Fort Washington, MD

Old Fort Hills, Fort Washington, MD

Pinewood Hill, Fort Washington, MD

River Bend, Fort Washington, MD

Rose Valley, Fort Washington, MD

Rosedale Estates, Fort Washington, MD

South Fort Foote, Fort Washington, MD

Stonegate, Fort Washington, MD

Piscataway, Fort Washington, MD

Tantallon East, Fort Washington, MD

Tantallon North, Fort Washington, MD

If you are thinking of putting your house on the market for sale in Fort Washington. I will like to share with you additional pointers to get to SOLD Fast. Get personalized Home Value Estimator Here.

How To Create Real Family Wealth

Home ownership Simplified Call Keji @301-613-2043

Some Highlights:

Buying a home is often the biggest financial decision that any family will make.

The average net worth of a homeowner is 45x greater than that of a renter.

Homeownership puts your housing costs to work for you.

Infographic was created in cooperation with Jensen & Co.

Find out How to Get Started Creating Your Family Wealth by Getting Our Buyer's Guide

Don't Let Low Credit Score Stop You.We have Programs for Low Credit Scores

Need Money For Down Payment & Closing Cost? We have First Time Home Buyer Programs

Bottom Line

Don't let a lack of knowledge or misinformation keep your family from buying a home this year. Let Us Meet So We evaluate your ability to buy now!

Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold for our clients in all parts of the metro area. We delight our clients by delivering world class service every step of the way and we strive to create a win-win situation this is all part of our values and beliefs. Contact us @ 301-613-2043, visit our website www.metrohomesrealty.com

Wednesday, February 17, 2016

Do You Know How Much Equity You Have In Your Home? You May Be Surprised!

Home Sale Simplified: Call Keji @ 301-613-2043

CoreLogic’s latest Equity Report revealed that 256,000 properties regained equity in the third quarter of 2015. This is great news for the country, as 92% of all mortgaged properties are now in a positive equity situation.

Price Appreciation = Good News For Homeowners

Frank Nothaft, CoreLogic’s Chief Economist, explains:

“Home price growth continued to lift borrower equity positions and increase the number of borrowers with sufficient equity to participate in the mortgage market. In the last three years, borrowers with at least 20 percent equity have increased by 11 million, a substantial uptick that is driving rapid growth in home equity originations.”

Anand Nallathambi, President and CEO of CoreLogic, believes this is a great sign for the market in 2016 as well, as he had this to say:

“Homeowner equity is the largest source of wealth for many Americans. The rise in home prices, expected to be at least 5% in 2016, will continue to build wealth and confidence across America. As this process continues, it will provide support for the housing market and the broader economy throughout [the] year.”

This is great news for homeowners! But, do they realize that their equity position has changed?

A study by Fannie Mae suggests that many homeowners are not aware that they have regained equity in their home as their investment has increased in value. For example, their study showed that 23% of Americans still believe their home is in a negative equity position when, in actuality, CoreLogic’s report shows that only 8% of homes are in that position (down from 9% in Q2).

The study also revealed that only 37% of Americans believe that they have “significant equity” (greater than 20%), when in actuality, 74% do!

This means that 37% of Americans with a mortgage fail to realize the opportune situation they are in. With a sizeable equity position, many homeowners could easily move into a housing situation that better meets their current needs (moving to a larger home or downsizing).

Fannie Mae spoke out on this issue in their report:

“Homeowners who underestimate their homes’ values not only underestimate their home equity, they also likely underestimate 1) how large a down payment they could make with their home equity, 2) their chances of qualifying for mortgages, and, therefore, 3) their opportunities for selling their current homes and for buying different homes.”

Bottom Line

If you are one of the many Americans who are unsure how much equity you have built in your home, don’t let that be the reason you fail to move on to your dream home in 2016! Find out If how we can help you evaluate your situation and assist you along the way!

Get started by requesting our Seller Home guide to getting Sold Fast and For Top Dollar

Tuesday, February 16, 2016

Homeowner’s Net Worth is 45x Greater Than a Renter’s

Home ownership Simplified- Keji -301-613-2043

http://www.metrohomesrealty.com/contact-me

Every three years the Federal Reserve conducts a Survey of ConsumerFinances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

In a Forbes article the National Association of Realtors’ (NAR) Chief EconomistLawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater.

The graph below demonstrates the results of the last two Federal Reserve studies and Yun’s prediction:

Put Your Housing Cost to Work For You

Simply put, homeownership is a form of ‘forced savings’. Every time you pay your mortgage you are contributing to your net worth. Every time you pay your rent, you are contributing to your landlord’s net worth.

The latest National Housing Pulse Survey from NAR reveals that 85% of consumers believe that purchasing a home is a good financial decision. Yun comments:

“Though there will always be discussion about whether to buy or rent, or whether the stock market offers a bigger return than real estate, the reality is that homeowners steadily build wealth. The simplest math shouldn’t be overlooked.”

Bottom Line

If you are interested in finding out if you could put your housing cost to work for you by purchasing a home, let's meet and get you guide you through the process.

How do you get started? Let's talk

Find out If you qualify For One of the many low to Zero Down Home Loans Available Here.

Thursday, February 11, 2016

Obstacles to Homeownership: Perceived or Real?

Obstacles to Home ownership: Perceived or Real?

Home ownership Simplified: Call Keji : 301-613-2043

A recent study by Fannie Mae, What Do Consumers Know About The Mortgage Qualification Criteria?, revealed that many consumers are either unsure or misinformed regarding the minimum requirements necessary to obtain a mortgage. Let’s break down three such challenges.

Down Payment

Perceptions

Many renters have mentioned that the lack of an adequate down payment is preventing them from moving forward with the purchase of a home. According to the Fannie Mae report:

· 40% of all renters don’t know what down payment is required

· 15% think you need at least 20% down

· An additional 4% think you need at least 10% down

The Reality

There are programs offered by Fannie Mae, Freddie Mac and FHA that require as little as 3-3.5% down. VA and USDA loans offer 0% down programs.

Find Out Which Low Mortgage You Can Qualify For

Credit Score

Perceptions

Many renters have mentioned that the lack of an adequate credit score is preventing them from moving forward with the purchase of a home. According to the Fannie Mae report:

· 54% of all renters don’t know what credit score is required

· 5% think you need at least a 740 credit score

The Reality

Many mortgages are granted to purchasers with a credit score of less than 700. According to Ellie Mae, the average credit score on a closed FHA purchase is 687 and the average credit score on all loans is 722.

We have lenders that can work with low credit score: Find out More

Back End Debt-to-Income Ratio (DTI)

Perceptions

Many renters have mentioned that they carry too much debt which is preventing them from moving forward with the purchase of a home. According to the Fannie Mae report:

· 59% of all renters don’t know what DTI is acceptable

· 25% think you need at under 25%

· 7% think you need under 39%

The Reality

Lenders like to see a back-end ratio that does not exceed 36%. Fannie Mae’s maximum total DTI ratio is 36% of the borrower’s stable monthly income. The maximum can be exceeded up to 45% based on credit score and other requirements.
Find out How Much You Can Afford

Bottom Line

Don't let a lack of knowledge or misinformation keep your family from buying a home this year. Let Us Meet So We evaluate your ability to buy now!

Wednesday, February 10, 2016

Top 10 Home-Selling Mistakes

HGTV's FrontDoor.com identified what it believes to be the top 10 home-selling mistakes.

10. Waiting until spring to sell. People buy homes all year, so play up the home's seasonal amenities and take advantage of serious buyers looking in the off-season.

9. Not understanding the real estate contract. Go over the fine print of the agreement with your real-estate agent or attorney before signing to make sure you understand your responsibilities as well as any demands the buyer has made.

8. Going it alone without researching first. Selling a home for-sale-by-owner take time, and requires you to do paperwork, marketing and showings. Make sure you're up for the work involved in return for saving on the real-estate agent commission fee.

7. Ignoring lowball offers. If buyers submit a low offer, don't reject it completely. Counteroffer to see if they are willing to negotiate.

6. Wasting time on an unqualified buyer. Make sure a potential buyer is prequalified for a loan before accepting an offer.

5. Skimping on marketing. Mix traditional advertising, including a sign in the yard, online advertising, with Web techniques, including online photos and video.

4. Sabotaging the showing. Leave the home when it is being shown to prospective buyers so they can more easily focus, and make sure the home is accessible in convenient showing hours and a lockbox for agents.

3. Not prepping for the sale. Visit open houses in the neighborhood to get a sense of what the competition offers, then make fixes and updates, declutter and clean to outshine them.

2. Over improving. Don't make so many upgrades that you price your home out of the appropriate range for the area and fail to recoup your investment.

1. Overpricing. Your home should be priced in line with homes in the area that are of similar age, style and size.

Find out What Other Homes Sold For in Your Neighborhood

Bottom Line

Making any of these mistakes can cost sellers tons of money and time in the market.Let's show you how we can get you top dollar for your house and avoid costly mistakes.

Get started by requesting our Seller Home guide to getting Sold Fast and For Top Dollar