“OMG Mortgages Interest Rates Are Almost 4%! “

Author: Fernando Herboso / Category: Clarksburghomesforsale

“OMG Mortgages Interest Rates Are Almost 4%! “

(original article) 


A lot of people may not remember life during President Jimmy Carter years. .I know I do.

It was the late 70’s

Interest rates were in some cases as high as 20% 

Unemployment was rampant and so was gas shortages all around the nation. 

You had to get in line to put gas in your car…and sometimes gas stations had empty tanks.

Now is 2016 

and I heard the first complain of 2016 from a customer that just signed up to our website, 

“OMG Mortgages Interest Rates Are Almost 4%! “

My customer was right, 

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks.

Following suite,  Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors are all calling for mortgage rates to continue to rise over the next four quarters.

This has caused some home buyers  to reflect to this fact

The days of 3% Mortgage Rates are over.. and they ask themselves this question?

Should I go ahead and buy a house in 2016? 

My first thought was:

“c’mon man! , you should realize that current rates are still at historic lows”

Do you want to see the proof?

Here is a chart showing the average mortgage interest rate over the last several decades.

If you are thinking on buying a home in 2016 

Be happy that the interest rates are still  around 4% 

It could be the 70’s all over again…

{insert imaginary music “Stayin’Alive here now}



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Misleading News About the Fall of Housing in November 2015

Author: Fernando Herboso / Category: Arora Hills, Clarksburg Village, Clarksburghomesforsale, Grapevine Ridge

“US Existing Homes Sales

Plunge in November 2015″…NOT!

(Original article here: http://www.reallynicehomes.com/blog/misleading-news-about-fall-housing-november-2015/)

Misleading news seems to be the fallacy of today’s news environment. Every major news organization are set to bring drama and bad news for ratings and they have plenty of it..

This week it wast reported,

The US existing Home Sales has plunged over 10%!

Reporting particularly dramatic events are taken to outweigh a significant amount of statistical evidence…

The evidence is very clear, 

The reason why HOME SALES PLUNGED over 10% in November 2015 is very simple:

A new government regulation was just implemented in October 3rd

This is the new “Know Before You Owe” mortgage rule, commonly known as the TILA-RESPA Integrated Disclosure (TRID) rule. 

These new regulations put a HALT STOP to many transactions in November.. 

Everyone was trying to figure it out how to comply with it..

This is why many transactions where delayed..

See Chart below (courtesy of KCM) 

November’s rise in numbers indicates exactly the time when this new regulation was implemented

The 3 day difference between October and November is EXACTLY 10% on one month’s numbers..10% of transactions were delayed in November…DUH!

So, what is the true market indicator out there..

Without the drama most  news organizations seem to invent for better ratings..

Let’s see how is the housing market actually doing right now…

The best indicator to forecast and look at how well the housing market is doing is to look at the “Foot Traffic Report” from NAR (National Association of Realtors) 

This report indicates the number of prospective buyers that are actively looking for a home at the current time;

So let’s check what this report says in one single glance..(courtesy of KCM) 

It is very obvious..

That demand to buy single family homes is increasing over the last few months – not decreasing.

So if you are planning to sell a house soon, don’t panic, no matter what last month’s sales numbers show, the housing market is still doing well as demand remains strong.

…and if you are thinking to buy soon,

sooner is better than later for these two reasons alone: 

  • Interest rates are creeping up
  • Less competition in the Winter months


Whether you are ready to sell or buy, 

Give us a call, we have the “pulse of the market:, 

so you can make the RIGHT MOVE!

301-246-0001 for immediate help







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Secret Selling Tips for Home Sellers in Calrksburg Maryland

Author: Fernando Herboso / Category: Arora Hills, Clarksburg Village, Clarksburghomesforsale, Grapevine Ridge

Secret  Selling Tips for Home Sellers 

Are you planning to sell your house?
Or planning to move to a new house and selling your old house?
Here are some secret home selling tips to make your home  attractive to a buyer.

You should pay attention to certain times to help you sell it at  the highest potential your house will sell for.
Being just familiar with the market to price your home does not cut it anymore. 

The Internet has created more sophisticated buyers out there and they are very intelligent to the buying process.

Price is only a portion of what influences your home to sell.
Plan some strategy with your Real Estate Agent as to how to advertise and promote your home to sell.

As an example, 
A big misconception is when someone boasts that their home SOLD on the very first day.
A savvy real estate agent knows that when a home sells in one day..

It was under-priced!

There is no way anyone can achieve the full  potential of a marketing strategy ..to sell a home …in one single day.

Selling a home is easy…at any price.
Selling a home for the highest potential of value is an art form.

You need to  consult with a listing specialist to assure yourself the recovery of 100% of equity from your home.

You deserved and are entitle to receive it…
Here’s how to begin…

5 Secrets to sell your home for the most money

Secret #1

Secret #2

Secret #3

Secret #4

Secret #5

These tips for selling your home at the highest price comes  from people who specialize on selling homes. There’s a lot to consider before you take
every next step, so take your time. 

And remember…

….it’s useless to do the
selling on your own if the revenue taken from not hiring an agent is lost at the closing table




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When Bad Neighbors Hurt Your Home’s Sale in Clarksburg

Author: Fernando Herboso / Category: Clarksburg Village, Clarksburghomesforsale, Grapevine Ridge

When Bad Neighbors Hurt Your Home’s Sale

This post was inspired while  speaking to a potential seller who stated .. .
“We are considering selling and getting away from here because of a bad neighbor”
After more than 20 years in real estate, this was not a surprise for me, but I reflected on this particular homeowner. ..
What an awful position to be in. .
You are moving your whole family, selling your home . .just because a neighbor?
As you know, pricing and condition are key factors in selling any  home, but there’s one  factor that could influence a buyer’s decision and trump all others. .
Your neighbors!
When buyers come looking to your home for sale, 
They are not just looking at your home but the whole neighborhood has as well. .
Then how do you sell a home when bad neighbors create a bad impression when selling your home? 
This is the time where homeowners appreciate HOA’s 
If you have an HOA, you may want to enlist and tackle the problem with their help. .remain anonymous if possible
There are also  likely ordinances in place from city ordinances  that require lawns to be reasonably maintained, failure to do so can result in fines, which is usually enough to persuade some homeowner to take better care of the property.
Dealing with bad neighbors can be annoying, but it could cost you money if you are selling your home
A tactful plan of attack using a good listing agent is very important here
Because of a bad neighbor, you should not have to sacrifice the value of your home. 
Watch the video for more tips and focus on successfully selling your home with the right person representing you.

“Intelligent Customized Real Estate Services To Sell Your Home for the Most Money

…. and the Timing to Match Your Family’s Needs”


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Price,Location ,Condition — NOT Location, Location, Location . .What Sells A Home.

Author: Fernando Herboso / Category: Arora Hills, Clarksburg Village, Clarksburghomesforsale, Grapevine Ridge

Selling Homes. .. (The Logical Way)

If you know about real estate, you’ve most likely heard the term already
“Location, Location, Location”
This is a little too disingenuous for some people and it distracts them from the actual true 
In reality, location is only one factor.. 
Condition and price are just as important.
The actual order of these three are in my opinion as follows.. .

“Price, Location, Condition”
Location may indirectly affect the price of your home but the price always affects directly the selling of any house.
as condition remain a distant objective that can be solved when time passes and more money is invested.

You may have the best location, a penthouse in the middle of Washington DC overlooking the Washington Monument .. 
The wrong price trumps and stales  this property no matter how superbly is located.
You may have a rowhouse in Baltimore around  bad neighborhoods…and crime all around 
The right price will sell it every time! (no matter the location) 
Price moves houses
Price determines the market 
The buyers  acceptance of price determines the actual value of your home


 If you are seller. .you should write this down

A home inside a bad location will  sell if the price is right 
A home in bad condition will sell if the price is right

A home with the wrong price
 will not sell until its corrected!

PRICE is what sells a house! 

Life goes on and listings sit unsold, 
Many blame their agents .. but the blame should be is mostly on the seller’s side 

There is no hope when you are selling a house for several thousands of dollars. .
Is a major purchase and  buyers will not overlook a seller’s greed when they are obviously 
overpriced…They know you are overpriced and their rejection is very clear

Not your agent
Not your flyer 
Not the marketing. .
Not your sign

it’s the price…as simple as it sounds

Buyers will overlook burgundy tile and flower wallpaper in the bathroom
Buyers will overlook 70’s wood paneling in your basement
Buyers will overlook the water stain on the ceiling under the top floor bathroom. .
But. . I can assure. .
Buyers will not overlook when you overprice your home!
Your home will become stale. .
with  no showings anymore
You see. .

Don’t put blame on the number of open houses. .or the lack of
Don’t put blame on an agent that was just trying to please you.
Is not about home much you need to net. .
How much money you need to  retire to Florida. .

It’s about the price.
nothing else. .

To find more helpful information about selling your home, read my eBook

Price,Location ,Condition — NOT Location, Location. Location . .What Sells A Home

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