More Washington DC Area Real Estate Insights!
Although I’ve just begun writing on my other blog, I have written a handful of articles that you may find interesting if you enjoy what you’ve been reading at KoitzGroup.com (or at least some of it!)
The latest post I created at my REW blog site (Real Estate Web Masters – no, I’m not a “webmaster”, but my partner/son Kevin is working on me!) was on the topic of a proposal to increase conforming loan amounts. This article deals with the Economic Stimulus Package that’s being considered in Congress; specifically raising the conforming loan amount and its implications/benefits to higher-priced real estate markets like Washington DC and Montgomery County.
Another on my REW blog list had to do with what I perceive to be the over-reaction of the loan industry in the wake of the sub-prime loan fall-out. Titled the “The Pendulum Is Swinging…Too Far?”, I recognize the wisdom of imposing rational qualifications for those seeking mortgages but question the validity of creating restrictions based on gross assumptions that encompass but don’t apply to close-in Montgomery County (Bethesda, Chevy Chase, Kensington, Potomac) & Washington DC Real Estate.
Finally, “The January Question” deals with a lot of issues covered in my previous KoitzGroup post (I know, it gets confusing) about the Super Bowl and how it typically signals the start of the spring real estate market in the Washington, DC area. It notes that January is a time of transition and great questioning where the housing market is coming out of the holiday doldrums and no one quite knows yet where it’s going.
I hope you enjoy my posts at my REW blog and I look forward to your comments and feedback.