If you need assistance, please call 301-349-7939

Virginia Real Estate | Stillwell Group Blog

Monday, April 29, 2024   /   by Claudia Vieytes

Luxury Real Estate Showdown: Comparing High-End Living Spaces in Washington and Baltimore

In luxury real estate, Washington D.C. and Baltimore stand out as dynamic hubs, offering exquisite residential options tailored to the discerning tastes of affluent buyers. As we delve into these two cities' high-end property markets in 2023-2024, it's evident that each presents a distinct allure and set of challenges shaped by evolving market dynamics, consumer preferences, and innovative offerings.
Washington D.C.'s Luxury Market Flourishes
Washington, D.C., has experienced remarkable growth in its luxury real estate sector over the past decade. Building upon the momentum from earlier years, the city continues to witness a surge in upscale developments, catering to a clientele that values sophistication and convenience. In 2023, approximately 12,000 new luxury units were added to the city's inventory, marking a significant uptick from previous years. These properties epitomize modern living, boasting cutting-edge amenities such as state-of-the-art security systems, wellness centers. ...

  home for sale maryland, luxury homes real estate agent, northern virginia real estate, real estate maryland, realestateagentmd, realestatemd, realestaterental, real estate inventory, #realestate dmv, luxurious properties in washington dc, realestate washington dc

Monday, April 22, 2024   /   by Claudia Vieytes

Why Real Estate Investments Should Be on Your Radar

Real estate investments are more attractive than ever when diversifying your portfolio and generating passive income. Real estate investments have become even more appealing to investors with the economy in flux. This article will explore why you should consider adding real estate to your investment strategy.
Stability
Real estate investments offer stability that other investments can't match. Unlike the stock market, the value of real estate doesn't tend to fluctuate as much, meaning that investors can expect a steady income stream from rental properties. Moreover, market fluctuations and economic downturns affect real estate investments less than other investments, such as stocks and bonds.
 
Cash Flow
Investing in real estate can generate a consistent cash flow through rental income. By purchasing rental properties and leasing them to tenants, investors can earn a reliable stream of income. With the current housing market, rental properties are in high demand, making thi; ...

  home for sale maryland, luxury homes real estate agent, northern virginia real estate, real estate maryland, realestateagentmd, realestatemd, realestaterental, washington dc real estate, bethesda md homes for sale, md real estate, bethesda homes for sale, real estate inventory, #realestate dmv, luxurious properties in washington dc, realestate washington dc, #homecurbappeal, #home for salecurb appeal, homes virginia, realestate agent northern virginia

Thursday, April 4, 2024   /   by Claudia Vieytes

Top 5 Most Expensive Zip Codes Revealed

Are you curious about which zip codes are the most exclusive in the entire country? Well, you might be surprised to learn that they're not in California or New York, but in Maryland! A recent report by PropertyShark has uncovered the top 5 most expensive zip codes in Maryland, and they're also the most exclusive in the whole United States. So, if you've ever dreamed of living in one of the most privileged areas in the country, your search should start right here in Maryland.

The report analyzed residential sales data from January 1, 2020, to December 31, 2020, to identify the priciest zip codes. Here are the top 5:


20854 - Potomac



20817 - Bethesda



20816 – Bethesda



20815 - Chevy Chase



20818 - Cabin John


What's interesting is that all of these expensive zip codes are situated in the suburbs of Washington, D.C. This is likely because there's high demand for luxury homes close to the nation's capital.

But what exactly makes these zip codes . ...

  home for sale maryland, luxury homes real estate agent, northern virginia real estate, real estate maryland, realestateagentmd, realestatemd, realestaterental, washington dc real estate, bethesda, bethesda md homes for sale, md real estate, bethesda homes for sale, real estate inventory, #realestate dmv, luxurious properties in washington dc, realestate washington dc, #homecurbappeal, homes virginia, realestate agent northern virginia, va, virginia real estate, best zip codes in the country

Wednesday, March 27, 2024   /   by Claudia Vieytes

"Navigating Real Estate Bidding Wars: Effective Strategies for Success

In today's highly competitive real estate landscape, emerging victorious in the bid for your dream home often entails navigating intense bidding wars. Techniques like offering above the listed price and forgoing contingencies have become standard tactics, but it's imperative to approach them thoughtfully to mitigate potential risks.
Establishing Fair Value:
Before immersing yourself in a bidding war, it's essential to establish a solid grasp of the property's fair market value within its neighborhood. Seeking guidance from a reputable real estate agent for a comparative market analysis can offer valuable insights into what constitutes a reasonable offer. It's crucial not to let emotions cloud your judgment; overpaying could lead to appraisal complications later on.
Risk Management:
While waiving contingencies such as financing and inspections may enhance the attractiveness of your offer to sellers, it's vital to carefully weigh the associated risks. Opting to waive inspection conti. ...

  home for sale maryland, luxury homes real estate agent, northern virginia real estate, real estate maryland, realestateagentmd, realestatemd, realestaterental, washington dc real estate, bethesda, bethesda md homes for sale, md real estate, bethesda homes for sale, real estate inventory, #realestate dmv, luxurious properties in washington dc, realestate washington dc, #back to school day, #home for salecurb appeal, #homecurbappeal, back to school day

Thursday, January 11, 2024   /   by Claudia Vieytes

Are you encountering difficulties with your mortgage payments in Virginia? Worry not.

This article serves as your comprehensive guide to preventing foreclosure, offering straightforward steps to safeguard your home and financial stability.

Contact Your Mortgage Servicer: If you're facing challenges but are still current with payments, reach out to your mortgage servicer promptly. Acting before falling behind may qualify you for a loan modification, demonstrating your commitment to preventing imminent default.

Continue Making Payments: Ceasing payments can lead to foreclosure and have adverse effects on your credit score. It is crucial to persist in meeting your financial obligations. Avoid halting payments at all costs.

Explore Refinancing Options: For those up to date on payments, investigate refinancing options to potentially lower interest rates and monthly payments. Consult your bank's lending department for personalized advice and available options.

Need to Catch Up on Payments? Take Action! • Respond to Your Lender: Open and respond to letters pro. ...

  virginia real estate, homes virginia, realestate agent northern virginia, va

Stillwell Group
Lee Stillwell
11400 Rockville Pike #107
North Bethesda, MD 20852
301-349-7939
301-349-7804
240-252-5833 - ext 104
Stillwell Group

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2024 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: December 5, 2024 7 PM.
This site powered by CINC: www.cincpro.com