Quick Minute of Motivation

In this new motivational series, Scott will highlight how to become a Peak Performer.

In today’s Peak Performer Series message Scott talks about the importance of shortening time frames for transactions.  Find out HOW to do this and why this will contribute to your success! Listen to Scott’s quick message about WHY compressing time frames is important.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

And don’t forget to subscribe to my blog at www.scottymacsblog.com

Quick Minute of Motivation

In this new motivational series, Scott will highlight how to become a Peak Performer.

In today’s Peak Performer Series message Scott talks about the importance of integrity. Doing what you say you are going to do is vital to your success! Listen to Scott’s quick message about WHY keeping your word is important.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

And don’t forget to subscribe to my blog at www.scottymacsblog.com

March Market Update

Holiday Social Shareables-StPatricksDay

The housing market in Northern Virginia continues to be on fire…in certain price points.  Virtually anything under $450,000 that is in good shape, priced right and is not a condo is selling within days, above asking price with multiple contracts.  Places in the $500,000 – $650,000 price point that have been updated and show well are also selling quickly.  We have a lull in the $650,000 – $900,000 price range depending upon location.  And lastly, properties priced $1,000,000 – $1,200,000 are seeing great activity as well and are even receiving multiple offers in some cases.

In today’s fast paced market, buyers need to be very responsive when they see a home that is of interest to them because, in all likelihood, someone else is also interested in it.  This dynamic is giving some buyers, a little “buyer’s remorse”.  When people feel forced to make quick decisions, they are taking advantage of the home inspection void rights or HOA document review period to get out of contracts at a later point in the transaction.  If you are a buyer, be sure you are committed to the house you are buying and if you are not, be patient and write on one that you are willing to follow through on.  These situations are creating a lot of stress on sellers and it is hurting the buyers who were willing to commit to the purchase and eventual ownership of that home.  Of course, if there is a legitimate reason to back out, by all means exercise your rights to void.  Don’t “jump” for fear of loss, “jump” because it meets all of your criteria.

We have finally entered the rising interest rate environment we have been predicting the last few years.  Despite this, as previously mentioned, houses are still selling which is good for our sellers.  The rise in rates has caused some people to get off the fence about buying which is adding to the number of potential buyers in the market.  Luckily, the interest rates for mortgages are still historically low so it remains a matter of perspective when people say rates are high.  Experienced buyers know we are fortunate to have rates in the 4’s and will still seek home ownership even in this type of environment.

As you know, everyone’s situation is different so please call me to discuss your plans in more detail so I can give you the right advice whether buying or selling.

Happy St. Patrick’s Day!

A Quick Minute of Motivation

In this new motivational series, Scott will highlight how to become a Peak Performer.

In today’s Peak Performer Series message Scott talks about the importance of compressing time frames. Making yourself rebound faster will make you happier and more successful! Listen to Scott’s quick message about WHY compressing time frames is important.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

And don’t forget to subscribe to my blog at www.scottymacsblog.com

Quick Minute of Motivation

In this new motivational series, Scott will highlight how to become a Peak Performer.

In today’s Peak Performer Series message Scott talks about the importance of introductions. Paying attention and remembering who you are introduced to will add to your success!  Listen to Scott’s quick message about WHY introductions are important.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

And don’t forget to subscribe to my blog at www.scottymacsblog.com

Quick Minute of Motivation

In this new motivational series, Scott will highlight how to become a Peak Performer.

In today’s Peak Performer Series message Scott talks about the importance of taking advice. Seeking out and taking advice from a successful person will in turn add to your own growth!  Listen to Scott’s quick message about WHY taking the advice you seek out is important.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

And don’t forget to subscribe to my blog at www.scottymacsblog.com

Quick Minute of Motivation

In this new motivational series, Scott will highlight how to become a Peak Performer.

In today’s Peak Performer Series message Scott talks about the importance of a positive way of thinking. Did you know that changing to a positive attitude will make you more productive and successful?  Listen to Scott’s quick message about WHY this change in your thinking is important.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

And don’t forget to subscribe to my blog at www.scottymacsblog.com

Quick Minute of Motivation

In this new motivational series, Scott will highlight how to become a Peak Performer.

In today’s Peak Performer Series message Scott talks about the importance of emulating people. Did you know that emulating successful people affects your own success? Listen to Scott’s quick message about WHY this is important.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

And don’t forget to subscribe to my blog at www.scottymacsblog.com

February Market Update

Holiday Social Shareables-ValentinesDayThe Northern Virginia real estate market continues to gain momentum despite low inventory levels. There are many buyers in the market ready to buy the right home and in many cases, it is difficult to do so leaving them and their agent frustrated. Typically, this time of year we start to see houses come on the market, but we have not seen a week-over-week increase in inventory since the fourth week of September last year! That is an amazing run, hopefully it will change soon for our buyers. If you are considering selling, let’s get together to see how to position yourself for success in this market.

All indications are pointing for 2018 to be another great year for real estate sales, despite starting off with low inventory levels and increasing interest rates. Interest rates are projected to be in the high 4’s, possibly low 5’s by the end of the year – scary, NOT! When I first got into the business in 1988, rates were in the 12’s. Yes, the rate increase will have some impact but not substantially in my opinion. What could have a greater impact is escalating prices coupled with the higher mortgage interest rates. This may force some first-time buyers to sit on the sidelines because of qualification purposes or potential sellers staying in their houses longer because they don’t find it beneficial to relocate. As always, time will tell.

The low inventory levels are resulting in multiple contract situations in many cases, but not in every situation so it is important to have the right expectation when putting your house on the market. Upper end prices are taking longer to sell as is typically the case. Houses that have not been priced properly, are in poor condition or have undesirable lot conditions will accumulate days on the market as well. In these situations, it is critical to hire a professional to give you the proper guidance to maximize your sought-after results.  We are here to help you navigate the sale in these circumstances, so please call me to discuss your situation in more detail.

 

A Quick Minute of Motivation

In this new motivational series, Scott will highlight how to become a Peak Performer.

In today’s Peak Performer Series message Scott talks about the importance of your associations with others. Do you realize how your associations with others affect your success? How other people’s attitudes affect yours? Listen to Scott’s quick message about the importance of associating with the right people.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something!

And don’t forget to subscribe to my blog at www.scottymacsblog.com