real estate advice

Welcome to November! We hope you had a great Halloween and you're getting ready for colder temperatures to (finally) come next week. In this week's blog, we'll be listing out a few activities to look forward to this weekend and throughout the month November, including a Christmas Bazaar starting on the 10th!

Owning a second property, either as an investment or as a vacation home, can be extremely rewarding and fun. It can also be completely the opposite. Why the disparity? Because careful financial evaluation and market timing must be considered. Often, they are not.

Here's a crazy stat: there are only 44 resale homes currently on the market in Seattle, a metro area with over 80,000 residents. When you factor in the inventory versus demand, it causes home prices to skyrocket. We're seeing this in the DC Metro Area, but, thankfully, not to that extent. As Eric Stewart mentioned in today's Real Estate Minute on WMAL, in case you find yourself tired of the stress and strain markets like these can cause, did you know there are cities where it only costs $60,000 a year to live comfortably?

Do you know what an egress window is? Do you know what the requirements are for an egress window? It sounds like it should be complicated, but there are only 4 requirements your basement window must meet in order to be up to code.