Nancy Mendez Weichert Realtors

02/20/2014

U.S. Home Sellers Return for Spring as Buyers Get Relief

U.S. Home Sellers Return for Spring as Buyers Get Relief

Suzanne Baker and her siblings bought a foreclosed home in Atlanta two years ago, added a fourth bathroom, then waited for values to rebound before considering a sale. Now, she says, they’re ready to cash in.

06/08/2013

Home Prices Soar to Largest Gain in 7 Years

Home Prices Soar to Largest Gain in 7 Years

The pace of the housing market recovery has accelerated, according to CoreLogic's latest home price index.

06/08/2013

43030 Chesterton St, Ashburn, VA | Powered by Postlets

My new listing in Belmont Greene. Open House on Sunday 1-4pm An incredible value!

Beautiful brick front colonial home located in the sought after Belmont Greene!

05/22/2013

Low Mortgage Rates Making Big Difference

Great article on how the very attractive interest rates have made a beautiful impact on the real estate market. Although rates have come up slightly, many can still remember the 80's with interest rates around 16%! It's definitely still a very good time to buy and take advantage of these historically low interest rates!
Enjoy and happy reading.....

An infographic from Loans.org shows just how big a difference mortgage rates can make to lowering home buyers’ and home owners’ monthly payments over the years.

05/16/2013

Vesta Settlements

Title Insurance Class-What a fun class in a gorgeous home! We didn't want to leave! Thanks to Creighton Enterprises.

05/14/2013

More great news from Fannie Mae! The market continues to thrive!! Check it out..... :)

According to Fannie Mae’s most recent monthly survey, real estate has continued to improve and people are noticing. More than half of respondents to the April survey believe home prices will rise within the year. This compares to only 32 percent who expected home prices to increase in April 2012, and Fannie Mae's chief economist says it indicates that "most Americans believe a housing recovery is truly occurring." Additionally, 30 percent of respondents said now is a good time to sell, compared to 15 percent last year.

04/16/2013

Great news for our home sales in Loudoun County and a beautiful way to end the first quarter! The stars are all aligned and now is definitely the time to make the move if you are thinking of selling your home!

Double-digit increases in sales price, homes sold, and a 6.1% decline in new listing activity, combined to make Loudoun County, VA a strong seller’s market in the first quarter of 2013. Sellers received more of the original list price during the quarter than in any first quarter since 2006. The median DOM was down 12 days to 26 days. Townhomes led all housing segments with a median DOM of 16 days. Foreclosures and short sales continued to play a diminishing role in the active market, putting upward pressure on the median sales price, which gained 10.1% over Q1 2012. Condo properties led all segments in sales gains, while townhome properties saw the largest year-over-year gain in pricing. Way to go!

03/20/2013

Spend a beautiful spring day yesterday with Debbie attending the Annual Brambleton Realtor Tour. Always great to see the new products the builders are offering. You never know what you are going to see but I had to share my favorite basement….definitely thinking outside the box. Unfortunately the house is not for sale but if you decide to replicate this please do invite little Erich and I over for a play date.
Have a great day everyone!

03/20/2013

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03/19/2013

13529 Stargazer Ter, Centreville, VA | Powered by Postlets

13529 Stargazer Ter, Centreville, VA | Powered by Postlets

Beautiful Pulte corner townhouse located in sought after Faircrest community. 2000 s/f home has 3 Bed 2FB, 2HB.Must See

03/16/2013

Useful Information for Sellers

03/16/2013

Useful Information for Buyers

03/13/2013

The Real Estate Market Sizzles!!!!!

Price growth continues in Loudoun County, driven by the low inventory of homes for sale relative to demand. This is also pushing down the median days on market prior to sale, which was eleven days shorter than last February. While the number of active listings to end the month was 628 units less than the 10-year average for this time (-38%), new listings are beginning to show signs of what could be a changing pattern. New listings were up 27 percent over last month, well above the 10-year January-to-February average increase of 1 percent. This could be an indication that sellers are beginning to respond to the pent-up demand in the market. New Non-distressed listings (those not involving foreclosures or short sales) were up 19.6 percent compared to February 2012 while new distressed listings were down 57 percent. This continuing decline in the proportion of distressed homes for sale should continue putting upward pressure on prices in the county.

03/13/2013

D.C. area home prices at highest Feb. level since 2007

D.C. area home prices at highest Feb. level since 2007

New data out from the George Mason University Center for Regional Analysis and RealEstate Business Intelligence show February home prices and home sales high. In fact, sales this year were at their highest February level since 2007.

03/13/2013

DC Metro Prices Increase in February; Condos Lead in Sales Growth | RBI

DC Metro Prices Increase in February; Condos Lead in Sales Growth | RBI

Low inventory continues to push up median sales prices in all jurisdictions; Subtle signs of a changing inventory pattern begin to emerge with new listings

03/02/2013

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