Tuesday, February 22, 2011

So you are thinking about selling your house?


Over the past couple of years, the most common question we've been asked over and over is how to price your home to attract buyers. After deciding to put your home for sale, the next crucial decision is pricing your property according to the market and at a figure that will attract buyers. If the price is too high, no matter how much money is spent to market your house, or is spent by you on updates, etc... absolutely nothing will happen. Overpricing a property is actually helping the sale of the competition and is the biggest mistake a homeowner can make in this market or any market. Your real estate agent want to sale your house as soon as possible. In order to do so they will analyze the market, do comparative market analysis (CMA) based on previous sales of similar houses in your area, and so on. If there is no action on your house any real estate professional will tell you that you have to reduce the price. Sometimes, and in this market it is unfortunately quite common, one price reduction is not enough and the danger of pricing too high originally might stigmatize your house for a while. Rely on professionals to help you get the right picture from the get go.
The best advice we can give our sellers is to price their house accordingly and correctly, based on the market, to ensure a quick sale. Good luck!
P.S. If you have any questions do not hesitate to contact us.

Monday, January 31, 2011

The January 2011 Evers & Co. Real Estate Report


The January market is off to an uneven start with many more buyers out looking, and fewer desirable properties for them to look at. While the flow of new listings was probably delayed by bad weather, the numbers are still looking good. The average price in the close-in Metro area was up 5% over last January and that’s an increase for the 14th consecutive month. The dollar volume of solds was up for the 2nd month in a row, with a 6.5% increase over last January. With the combination of low mortgage interest rates and increased consumer confidence, we should see a steady, strong pace of sales in 2011. *Statistics are taken from the Metropolitan Regional Information System for three areas: Washington, D.C.; Montgomery Country, Maryland; and Fairfax County, Arlington, Alexandria and Falls Church in Virginia.
-D.Evers Broker

Wednesday, January 26, 2011

10 Cities Where Home Prices Will Rise in 2011


While home prices are expected to continue to fall in most metro areas, Clear Capital’s Home Data Index report says a few cities are already on the rebound and showing some gains in home values.
“There really is this segmentation of these markets occurring where the one-size-fits-all national level numbers to represent all numbers really isn’t valid anymore,” Alex Villacorta, senior statistician at Clear Capital, told MSNBC. “Overall we’re seeing prices start to stabilize going into 2011, but unfortunately some of those markets will stabilize in the downward direction where others will see a sustained recovery.”
Clear Capital takes into account unemployment rates, foreclosure rates, and real estate inventory in its index.
The following is a list of 10 cities that Clear Capital expects will rise in property value in 2011:
  1. Washington, D.C.: 6.5 percent price increase
  2. Houston: 3.6 percent price increase
  3. Honolulu: 3.4 percent price increase
  4. Memphis, Tenn.: 3.2 percent price increase
  5. Columbus, Ohio: 2.1 percent price increase
  6. Dallas: 1.4 percent price increase
  7. New York: 1.3 percent price increase
  8. Birmingham, Ala.: 0.9 percent price increase
  9. Pittsburgh: 0.8 percent price increase
  10. New Orleans: 0.5 percent price increase
Meanwhile, Clear Capital reports that real estate markets in Florida and the Western parts of the U.S.—such as cities in Arizona and “Breadbasket metros” like Oklahoma City, Okla., and Dayton, Ohio—likely will see the largest price drops in home values over the year. Virginia Beach, Va., is expected to have the highest drop in 2011, with a 12.8 percent price decrease, according to Clear Capital report.

Monday, December 27, 2010

SOLD in Brickyard Meadows, Potomac!

Just in time for the new year... We sold our Contemporary rambler in Potomac Maryland!

Potomac, MD, 20854
Asking Price: $1,295,000
Congratulations to my sellers! It was a pleasure working with them throughout the transaction.

Tuesday, November 9, 2010

Evers & Co. Welcomes Younger Generation


Evers & Co. Real Estate Welcomes Younger Generation of Professionals Three New Agents Join Firm Known for Selling Area's Finest Properties

Evers & Co. Real Estate, (http://www.eversco.com) the largest woman-owned and -operated residential real estate firm in the Washington, D.C. area, welcomes three new agents--Claire Welsh , Catherine Arnaud-Charbonneau and Courtney Abrams--to the team of more than 80 real estate professionals.

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Washington, DC (PRWEB) November 5, 2010
Evers & Co. Real Estate, (http://www.eversco.com) the largest woman-owned and -operated residential real estate firm in the Washington, D.C. area, welcomes three new agents--Claire Welsh , Catherine Arnaud-Charbonneau and Courtney Abrams--to the team of more than 80 real estate professionals.
"Historically, real estate has been a path for career changers with established networks, but we're seeing more young professionals choose real estate as their profession," said Donna Evers, president and broker of Evers & Co. "The younger agents enjoy the entrepreneurial opportunity and have success through networking in their social circles, as well as through social media, and often partner with a more seasoned agent to further grow their expertise. Claire Welsh, Catherine Arnaud-Charbonneau and Courtney Abrams are shining examples of young women who seize success in this industry."
With nearly eight years of real estate experience at the age of 28, Welsh previously worked with McWilliams-Ballard selling high-end condominiums and townhomes in and around the District, including the area's top-selling community. Based in Evers & Co.'s Dupont office, she will focus on neighborhoods in Northern Virginia and Northwest D.C. Welsh has lived in the D.C. area her entire life and is working toward a certification in sign language, which will help her guide home buyers and sellers in the deaf community. She is active in the National Association of Realtors and works locally with Arts for Autism, an organization that helps families with special needs children. Welsh graduated from Georgetown University with a degree in liberal studies and a concentration in business ethics
Arnaud-Charbonneau has four years of industry experience and focuses on working with clients in Northwest D.C. and Montgomery County, as she pursues her license in Virginia. She has lived in the D.C. area most of her life, but has moved from country to country and state to state, making her specifically adept in working with families relocating to the city. A native French speaker, Arnaud-Charbonneau also speaks Spanish and enjoys applying her high energy level to personal client service. Based in the Chevy Chase office, she is active in the National Association of Realtors, the Greater Capital Area Association of Realtors and the Maryland Association of Realtors. She graduated from the University of South Carolina's broadcast journalism program--one of the best in the nation.
Abrams joins Evers & Co. from the commercial side of real estate, formerly working as a research analyst for CB Richard Ellis, Inc., where she tracked the office market, studied real estate trends and worked with brokers. She also has experience in marketing and sales through a previous position at the Washington Business Journal. Joining the Abrams-Finnell realtor team at Evers & Co., she will work in the Chevy Chase office and focus on downtown D.C. and specifically the Glover Park neighborhood, while pursuing her Maryland license. A native Washingtonian, Abrams now lives in Chevy Chase, D.C. and coaches youth lacrosse in her free time. She is also an active member of the Junior League of Washington, promoting literacy in the D.C. metro area. Abrams graduated from Denison University where she was an NCAA Division III All-American in lacrosse and led her team to the NCAC Championship in 2006 as captain.
About Evers & Co.
Founded in 1985 by Donna Evers, Evers & Co. Real Estate maintains its success through a strong referral base and agents who enjoy a premier reputation for their expertise and in-depth knowledge of Washington Metro Area homes and neighborhoods. Evers & Co. is home to 80 licensed real estate professionals with decades of combined experience, who enjoy access to a first-of-its-kind Agent Resource Center. The agency is the largest woman-owned and-operated residential real estate firm in the area and a member of Unique Homes Affiliate Network, Who's Who in Luxury Real Estate and FIABCI, the largest international real estate organization in the world. In addition, the agency has an alliance with My Home In Paris, a residential real estate firm in Paris,
France.

Thursday, May 27, 2010

Wednesday, March 17, 2010

SOLD our Listing in Potomac over the Asking Price!

Our listing was under contract in just 5 days and sold over the asking price!!! Delightfully updated and spacious colonial, we didn't received multiple offers for no reason.

Potomac, Maryland
Asking Price: $615,000