The Eric Stewart Group Blog

Trusted resource for local and national real estate news and trending topics, and everything you need to know about the buying and selling process.

Blog Feature

Radio Show | Money | Selling | Washington, DC

What Are The 10 Most Overvalued Housing Markets in the U.S.?

By: Eric Stewart
October 6th, 2015

According to CoreLogic, a real estate analytics firm, 14 of the top 100 real estate markets in the U.S. are overvalued, which is more than double the number that were at the end of first quarter 2015. An overvalued housing market has home prices that are 10% or more above the long-term sustainable level.

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Radio Show | Selling

8 Mistakes To Avoid When Selling Your Home

By: Eric Stewart
September 22nd, 2015

While the real estate market turns its wheels 12 months a year, selling a home in the fall months can be more of a challenge. There are fewer active buyers this time of year, and less demand can drive prices down from higher levels in the spring months. However, on the upside, there are fewer sellers, and thus less competition. To take full advantage of the fall market, you should avoid making the following eight home selling mistakes, which were originally featured in an article from LearnVest.com.

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Selling | Retirement | Downsizing

Downsizing Can Help You Save Money For Retirement If Done Right

By: Eric Stewart
September 9th, 2015

The article, How Downsizing Can Save Your Retirement, in the September issue of Money magazine, covers the top four reasons why retirees downsize and four questions to address to avoid financial mishap when moving from one residence to another.

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INSIDER TIPS | Money | Selling

5 Factors To Consider When Determining The Asking Price On Your Home

By: Eric Stewart
September 2nd, 2015

One of the biggest decisions that must be made when selling your home is determining the asking price. There is a direct relationship between how your house is priced and how many buyers will be interested in it.

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Selling | Retirement | Downsizing

How To Decide Whether To Downsize Or Age In Place

By: Eric Stewart
August 25th, 2015

In a previous blog I discussed rightsizing and a process for evaluating your overall well-being to determine your preferable future. Once you have decided what you want your future to be, the question becomes do you age in place or find a new home to help you achieve those goals? Consider these five factors to help you decide.

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Blog Feature

Selling

What Is A Material Latent Defect?

By: Eric Stewart
July 10th, 2015

When selling your home, there is a myriad of paperwork to fill out before the home even goes on the market. In addition to a listing agreement with your real estate agent, most states mandate that sellers complete various disclosure forms (required forms vary by state), which provide potential buyers information about the home, such as homeowner association fees, cost of monthly utilities, any property easements, and condition of the home.

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Selling

How To Prepare Your Home For Real Estate Photos

By: Eric Stewart
July 7th, 2015

According to the National Association of REALTORS®, 92% of homebuyers begin their home search online. Online photos provide potential buyers with an idea of the size, layout, and condition of a house without them having to set foot inside. Professional and attractive photos increase the likelihood that a potential buyer will decide to schedule an appointment to tour a home in person.

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Blog Feature

Selling | Retirement | Downsizing

How To Help Your Elderly Parents Downsize

By: Eric Stewart
June 16th, 2015

As we get older, downsizing to a smaller residence is typically inevitable. However, downsizing can be particularly intimidating for seniors who may find it overwhelming to think about letting go of cherished memories and items they’ve accumulated over a lifetime.

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Selling | Retirement

The Emotional Rewards Of Downsizing

By: Eric Stewart
June 9th, 2015

Do you live in a home that is too large? Maybe there are entire portions of your home you no longer live in, but you heat them, clutter them, and ignore them. It may be time to downsize, or as we call it, rightsize your life.

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Buy | Selling | Maryland | Washington, DC | Virginia

What Makes A Bedroom A Legal Bedroom?

By: Eric Stewart
June 2nd, 2015

Defining a legal bedroom may seem simple, but despite clear building codes the process is wrought with grey areas.

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