2023 Year End Review the power is now magazine Eric Lawrence Frazier, MBA Publisher Office: (800) 401-8994 Ext. 703 Direct: (714) 361-2105 eric.frazier@thepowerisnow.com www.thepowerisnow.com EDITORIAL TEAM
Gilmore Editor in Chief (800) 401-8994 ext. 711 sheila.gilmore@thepowerisnow.com Timothy Hornu Graphic Artist and Design Manager tim@thepowerisnow.com CONTRIBUTORS The Power Is Now Research Team HAVE YOU READ OUR PAST ISSUES YET? CLICK HERE TO READ US ONLINE! 2023 Review
Sheila
The Power Is Now Media Inc.
3739 6th Street Riverside, CA 92501
Ph: (800) 401-8994 | Fax: (800) 401-8994
info@thepowerisnow.com
www.thepowerisnow.com
The Power Is Now Magazine™ is owned and published electronically by The Power Is Now Media, Inc.
Copywrite 2022 The Power Is Now Media Inc.
All rights reserved.
“The PIN Magazine” and distinctive logo are trademarks owned by The Power Is Now Media, Inc.
“ThePINMagazine.com”, is a trademark of The Power Is Now Media, Inc.
“Magazine.thepowerisnow.com”, is a trademark of The Power Is Now Media, Inc.
No part of this electronic magazine or website may be reproduced without the written consent of The Power Is Now Media, Inc.
Requests for permission should be directed to:
info@thepowerisnow.com
HEADQUARTERS
IMPORTANT STATEMENT OF COPYRIGHT:
the power is now magazine Find The Power Is Now TV on for more details go to www.thepowerisnow.com 2nd AND 4th FRIDAYS OF THE MONTH 3:00 PM TO 4:00 PM PST 2023 Review
JANUARY 2023
5 factors affecting affordability in Maryland
FEBRUARY 2023
Homebuyer’s Guide to Maryland’s foreclosure process.
MARCH 2023
January 2023 Maryland Real Estate Data
APRIL 2023
Selling in the Next Season Here’s How to Protect and Increase Home Value on a Budget
MAY 2023
Selling in the Next Season Here’s How to Protect and Increase Home Value on a Budget
JUNE 2023
Maryland_s Vacation Homes A Guide to Making the Perfect Investment Move
JULY 2023
The Real Estate Billion Dollar Blackout
AUGUST 2023
Unlocking Your Homes Hidden Wealth 6 Smart
Strategies to Build Equity
SEPTEMBER 2023
A Comprehensive Guide How Long Does It Take to Close On A House
NOVEMBER 2023
The real estate market update for Maryland and Baltimore area Q2, 2023
DECEMBER 2023
What Hurts Property Value 5 Things to Address Now
CONTENTS 2023 YEAR END REVIEW
REAL ESTATE ARTICLES | PODCAST | TVSHOWS CONTRIBUTIONS
2023 Review
PODCAST TV SHOWS
2023 Review
2023 Review thepowerisnowmeida
BACK TO CONTENTS 2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
BACK TO CONTENTS 2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
BACK TO CONTENTS 2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
BACK TO CONTENTS 2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
BACK TO CONTENTS 2023 Review thepowerisnowmeida
Maryland’s Vacation Homes: A Guide to Making the Perfect Investment Move!
By Emerick Peace
If you’ve ever dreamt of owning a vacation home in the charming state of Maryland, then you’re in the right place. Whether you’re considering buying a tranquil beachfront cottage, a cozy cabin in the mountains, or a picturesque lakeside retreat, this comprehensive guide will equip you with the knowledge and insights needed to navigate the exciting world of investing in Maryland’s vacation homes.
In this article, we will dive into the thriving vacation home market in Maryland, uncovering the latest trends and highlighting the most promising investment opportunities. We’ll walk you through the essential steps of purchasing your dream vacation home, sharing expert tips and strategies to ensure a successful
transaction. Furthermore, we’ll shed light on the optimal timing and effective techniques for selling your Maryland vacation property, enabling you to maximize your profit.
But the journey doesn’t end there. Owning a vacation home also comes with the responsibility of managing the property to generate rental income and maintain its value. We’ll provide valuable insights on how to capitalize on your investment by exploring rental income options and offering practical advice on property maintenance.
So, whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer considering the perfect getaway, this guide
PHOTOS FROM 123RF
2023 Review thepowerisnowmeida
will serve as your trusted companion, helping you make informed decisions and turn your vacation home dreams into a rewarding reality in the enchanting state of Maryland. Let’s embark on this exciting adventure together!
CURRENT STATE OF THE VACATION HOME MARKET IN MARYLAND
The vacation home market in Maryland is currently in a state of robust growth and presents enticing opportunities for potential investors. With its diverse landscapes, from sandy beaches to scenic mountains and charming waterfronts, Maryland has become a sought-after destination for vacationers seeking a memorable retreat.
One of the factors driving the market’s upward trajectory is Maryland’s strategic location. Situated within a short distance from major metropolitan areas such as Washington, D.C., and Baltimore, the state offers convenient access for both weekend getaways and extended vacations. This accessibility has contributed to a steady demand for vacation homes throughout the year.
Additionally, Maryland’s natural beauty and rich cultural heritage continue to attract tourists from all walks of life.
The state’s coastal regions, including popular destinations such as Ocean City and Chesapeake Bay, provide an ideal setting for beachfront vacation homes. Meanwhile, areas like Deep Creek Lake in western Maryland offer a tranquil escape with picturesque mountain landscapes and year-round outdoor activities.
The recent rise of the sharing economy has also impacted the vacation home market in Maryland. Platforms such as Airbnb and VRBO have made it easier than ever for homeowners to generate rental income by offering their properties to vacationers. This trend has further enhanced the appeal of investing in vacation homes, as owners have the potential to earn substantial returns on their investment.
Moreover, the COVID-19 pandemic has sparked a shift in travel preferences, with more individuals and families opting for private vacation rentals over crowded hotels and resorts. This shift has fueled the demand for vacation homes, particularly those with ample space, privacy, and modern amenities.
In summary, the vacation home market in Maryland is thriving, driven by its prime location, natural beauty, cultural attractions, and the evolving travel preferences of modern vacationers. Whether you’re looking for a lucrative investment or a personal retreat, Maryland offers a promising landscape for those seeking to enter the vacation home market.
BUYING THE DREAM VACATION HOME: TIPS AND STRATEGIES
When it comes to buying your dream vacation home in Maryland, careful planning and strategic decision-making are key. Here are some valuable tips and strategies to help you navigate the process and ensure a successful purchase:
BACK TO CONTENTS
2023 Review thepowerisnowmeida
1.Define Your Goals and Priorities:
Begin by clarifying your objectives for owning a vacation home. Are you seeking a serene beachfront getaway or a cozy cabin in the mountains? Determine your preferred location, amenities, and desired lifestyle to narrow down your options effectively.
2.Set a Realistic Budget:
Establish a clear budget that factors in not just the purchase price, but also additional costs such as property taxes, insurance, maintenance, and potential renovations. Consider working with a financial advisor or mortgage specialist to determine your affordability and explore financing options.
3.Research the Local Market:
Thoroughly study the vacation home market in Maryland, including specific regions or neighborhoods that align with your preferences. Analyze recent sales data, property appreciation rates, and rental demand if you plan to generate income from your investment. Engage with local real estate agents who possess in-depth knowledge of the area.
4.Conduct Due Diligence:
Before making an offer, perform a comprehensive inspection of the property to identify any potential issues or repairs needed. Verify property boundaries, access to utilities, and compliance with local regulations. It’s crucial to gather all necessary information to make an informed decision.
5.Engage a Knowledgeable Realtor:
Partner with an experienced real estate agent specializing in vacation homes in Maryland. A skilled agent will guide you through the buying process, negotiate on your behalf, and provide valuable insights about the local market and specific properties.
6.Consider
Rental Potential:
If you plan to rent out your vacation home when you’re not using it, evaluate its rental potential. Assess factors such as proximity to tourist attractions, demand during peak seasons, and amenities that appeal to potential renters. This consideration can enhance your investment’s financial viability.
7.Visit and Experience:
Whenever possible, visit the area and tour potential vacation homes in person. This firsthand experience will give you a better sense of the property’s location, surroundings, and overall ambiance. It’s also an opportunity to connect with the local community and gauge the lifestyle it offers.
8.Review Homeowners Association (HOA) Rules
: If the vacation home is part of a community with a homeowners association, carefully review the rules, restrictions, and associated fees. Ensure they align with your preferences and any potential plans you have for the property.
9.Seek Professional Guidance:
Engage professionals such as real estate attorneys and home inspectors to guide you through legal processes and ensure a smooth transaction. Their expertise will help safeguard your interests and provide you with peace of mind.
By following these tips and strategies, you’ll be well-equipped to navigate the process of buying your dream vacation home in Maryland. Remember to approach the journey with patience, thorough research, and a clear vision of your goals. With careful planning, you’ll soon be enjoying memorable getaways in your very own slice of paradise.
In conclusion, investing in vacation homes in Maryland presents a remarkable opportunity for individuals seeking a lucrative investment and a
2023 Review thepowerisnowmeida
personal retreat. Maryland’s diverse landscapes, strategic location, and thriving tourism industry make it an ideal destination for vacation home ownership. By following the tips and strategies outlined in this guide, you can make informed decisions, navigate the market with confidence, and maximize the potential of your investment.
As the Operating Partner and owner of Keller Williams Preferred Properties (KWPP), I invite you to take the next step in exploring Maryland’s vacation home market. Whether you’re looking to buy, sell, or manage a vacation property, my team at KWPP is dedicated to providing exceptional service and expertise. We understand the unique intricacies of the Maryland real estate market and can assist you in achieving your investment goals.
Feel free to reach out to me personally at 240737-5000. I’m here to answer any questions, provide tailored guidance, and support you throughout your journey of investing in Maryland vacation homes. Together, let’s unlock the incredible opportunities that await in this captivating state.
Remember, investing in a vacation home is not just a financial decision; it’s a chance to create lasting memories and establish a place where you can unwind and recharge. Maryland’s charm and beauty make it the perfect canvas for your dream getaway. Take the leap today and embark on a rewarding venture in the world of Maryland vacation home ownership.
BACK TO CONTENTS
v 2023 Review thepowerisnowmeida
THE REAL ESTATE Billion Dollar BLACKOUT
Houston TX
By EmERICK A. PEACE
Iam spearheading this event in Houston, because it is time for Black real estate professionals from all brokerage/companies to come together and unite. This is a brand agnostic event. This is equivalent to a Black Family Reunion for us and about us
The Real Estate Billion Dollar BLACKOUT (BLACKOUT) in Houston Tx,
August 3-5, 2023. The Billion Dollar BLACKOUT facebook page and website are live. Please join the facebook group and visit the website. Additionally, invite your relationship partners to join us in Houston and join the facebook group.
website:
www.billiondollarblackout.com
We are bringing the first conversation of Black people and billions of dollars of business to the real estate community. Our twenty-five
BLACKOUT panelists have a cumulative total of more than 25 billion dollars of business and are from different brands and companies. BLACKOUT is meant to uplift, inspire and build a referral database.
This event will be held in conjunction with Power Networking Conference (PNC 2023) with Dr. George Fraser. The BLACKOUT sessions will be private to our group, however our group will have access to PNC 2023 events and activities. Use Click link to register: https:// powernetworkingconference.com/register/ Select option $999 then use Promo code BLACKOUT for $499 registration. There is a special room rate for us.
Link: https://powernetworkingconference.com/ book-hotel/ to reserve your room.
PNC 2023 and BLACKOUT are going to be PHENOMENAL events. Please click the link below to get a better understanding of what PNC 2023 is about.
(https://powernetworkingconference.com/
2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
Unlocking Your Home’s Hidden Wealth: 6 Smart Strategies to Build Equity
By Emerick Peace
Homeownership is a dream for many individuals, and it comes with numerous benefits, one of which is building home equity. Home equity is the portion of your property’s value that you truly own, beyond any outstanding mortgage or loan balances. As you build equity, you’re essentially increasing your stake in the property, which can provide financial security and open doors to various opportunities. In this
article, we’ll explore six smart ways to build home equity and secure your financial future.
MAKE A LARGER DOWN PAYMENT
When purchasing a home, aiming for a larger down payment can significantly impact your home equity from the start. While it may be tempting to put down the minimum required amount, a larger down payment decreases your mortgage
PHOTO FROM 123RF
2023 Review thepowerisnowmeida
principal and reduces the interest you’ll pay over time. A substantial down payment demonstrates to lenders that you are a reliable borrower, which can lead to better loan terms. Moreover, starting with higher home equity ensures you’re better protected against potential market fluctuations.
PAY MORE THAN THE MINIMUM MONTHLY MORTGAGE
Paying more than the minimum monthly mortgage can accelerate the building of your home equity. By making additional payments towards your principal, you reduce the outstanding balance faster, leading to increased equity. Consider allocating any unexpected windfalls, such as bonuses or tax refunds, towards your mortgage principal. Additionally, setting up bi-weekly payments instead of monthly ones can result in an extra full payment each year, further boosting your equity.
RENOVATE AND IMPROVE YOUR PROPERTY
Investing in home renovations and improvements not only enhances your living space but also increases your property’s value. Conduct research to identify which renovations have the highest return on investment in your area. Projects like kitchen upgrades, bathroom renovations, energy-efficient installations, and curb appeal enhancements can significantly elevate your home’s worth. As your property value rises, so does your home equity.
MONITOR AND REFINANCE YOUR MORTGAGE
Interest rates can fluctuate over time. Monitoring market conditions and refinancing your mortgage when rates are lower can be a smart move to build home equity. Refinancing allows you to replace your current loan with a new one at better terms, potentially lowering your monthly payments or shortening the loan duration.
By reducing interest costs and adjusting your mortgage terms, more of your payments go towards the principal, helping you build equity faster.
AVOID PMI (PRIVATE MORTGAGE INSURANCE)
If you couldn’t afford a substantial down payment and have to pay for Private Mortgage Insurance (PMI), it’s essential to have a plan for getting rid of it as soon as possible. PMI is an added monthly cost that provides protection to the lender in case of default. Once your home equity reaches 20% of the property’s value, you can request the removal of PMI, which will reduce your monthly expenses and boost your equitybuilding efforts.
LEVERAGE HOME APPRECIATION WISELY
Real estate values tend to appreciate over time. As your home’s value increases, so does your equity. However, it’s crucial to use this appreciation wisely. Avoid borrowing against your home’s equity for frivolous expenses. Instead, consider strategic investments, such as property upgrades, paying off high-interest debts, or funding education. Being prudent with your home’s equity will ensure you reap longterm benefits.
CONCLU SION
Building home equity is a key aspect of homeownership that contributes to your overall financial stability and wealth. By following these six smart ways, you can proactively increase your home equity and build a strong foundation for your financial future. Remember, the real estate market can be dynamic, so always stay informed and make informed decisions to maximize your equity-building potential
BACK TO CONTENTS
2023 Review thepowerisnowmeida
How Much Should I Spend on a House?
By Emerick Peace
Purchasing a home is one of the most significant financial decisions you’ll ever make, and it’s essential to get it right. One of the critical questions you’ll face is, “How much should I spend on a house?” While the answer depends on various factors, including your financial situation, goals, and location, this article aims to provide you with guidance and considerations to help you determine the right budget for your home purchase.
ASSESS YOUR FINANCIAL HEALTH
Before delving into house hunting, it’s crucial to
take a deep dive into your financial health. Here are some steps to consider:
●BUDGET REVIEW:
Examine your monthly income and expenses to understand how much you can comfortably allocate to a mortgage payment.
●DEBT OBLIGATIONS:
Take stock of your existing debts, such as student loans, credit card balances, and car loans. These will affect your overall financial picture.
●EMERGENCY FUND:
PHOTOS FROM 123RF
2023 Review thepowerisnowmeida
Ensure you have an emergency fund in place to cover unexpected expenses. A solid financial cushion can provide peace of mind.
●CREDIT SCORE:
Your credit score plays a significant role in determining your mortgage interest rate. A higher score often leads to better rates and terms.
CALCULATE YOUR DEBT-TO-INCOME RATIO
Lenders use the debt-to-income ratio (DTI) to assess your ability to manage a mortgage payment alongside existing debts. To calculate your DTI, divide your total monthly debt payments by your gross monthly income. Typically, lenders prefer a DTI below 43%, although some may accept higher ratios with compensating factors.
CONSIDER YOUR DOWN PAYMENT
The amount you put down as a down payment can significantly impact how much you should spend on a house. A larger down payment not only reduces your loan amount but can also lead to better loan terms. While 20% is often considered the benchmark, some loans allow for lower down payments.
FACTOR IN OTHER COSTS
Remember that the cost of homeownership extends beyond your mortgage payment. Consider property taxes, homeowner’s insurance, utilities, maintenance, and potential homeowner association (HOA) fees. These ongoing expenses can add up, so ensure your budget accommodates them.
between homeownership and achieving these goals is crucial.
LOCATION MATTERS
Real estate markets vary significantly by location. What you can afford in one city may not be feasible in another. Research the housing market in your desired location to get a sense of property prices and how they align with your budget.
GET PRE-APPROVED FOR A MORTGAGE
A pre-approval from a lender can provide you with a clear understanding of how much you can borrow. This step can help you narrow down your home search to properties within your budget.
BE REALISTIC
It’s tempting to aim for your dream home, but it’s crucial to be realistic about what you can comfortably afford. Avoid stretching your budget to the limit, as this can lead to financial stress.
CONCLUSION
Determining how much to spend on a house is a personal decision influenced by your financial situation, goals, and location. Careful consideration of your financial health, debt obligations, and future plans is essential in finding the right balance between homeownership and financial stability. Remember that owning a home is a long-term commitment, so making an informed decision today can lead to a more secure and comfortable future.
PLAN FOR FUTURE GOALS
Your home purchase should align with your longterm financial goals. Consider how buying a home may impact other aspirations, such as saving for retirement, education, or travel. Striking a balance
BACK TO CONTENTS
2023 Review thepowerisnowmeida
The real estate market update for Maryland and Baltimore area Q2, 2023
By Emerick Peace
The Baltimore real estate market has witnessed substantial growth over the past year, marked by a steady and consistent increase in home prices.
Projections indicate that this upward trend is poised to extend into 2023. This article aims
to delve into the underlying factors fueling the dynamics of the Baltimore housing market, offering insights into what the future may hold for both prospective buyers and sellers.
Whether you’re inclined to make an
PHOTOS
FROM 123RF
2023 Review thepowerisnowmeida
investment that secures your financial future or are contemplating listing your property for potential buyers, Baltimore, MD stands out as a promising choice. The city’s real estate market is characterized by affordability, coupled with a high potential for a lucrative return on investment. Furthermore, the continued influx of new employers and investments adds to the list of compelling reasons why individuals are increasingly drawn to the prospect of residing in Maryland.
BALTIMORE HOUSING MARKET TRENDS
NEW MARKET LISTING ON THEV LOW
The Baltimore real estate market is currently grappling with a pronounced shortage of new listings, reaching a historical low not seen in over two decades. In July, a mere 2,852 new listings entered the market in the broader Baltimore metro area, reflecting a sharp 38.7% decline compared to the same period last year. This shortage of available properties is an enduring challenge, leading to a notable reduction in sales activity across the region, despite the ongoing impact of higher mortgage rates and affordability concerns.
The statistics tell a compelling story: closed sales in July experienced an 18.4% dip compared to the previous year, and new pending sales followed suit with a 16.9% decline. Moreover, the number of prospective buyers in the market, indicated by reduced buyer traffic, is 14.7% lower than the corresponding period last year. However, it’s crucial to note that this diminished buyer presence isn’t due to a lack of demand but rather a direct consequence of the persistently low inventory. As of the end of July, a mere 3,667 total listings were available for sale, representing a 21.1% decrease from the previous year.
In such a highly competitive and supplyconstrained environment, buyers are compelled to act swiftly, particularly in the suburban markets where inventory stands at just about a month’s supply. The median days on the market in the
Baltimore region during July were merely seven, signifying that half of all homes sold within a week or less. This scenario underscores the need for buyers to be proactive and agile in their real estate endeavors, as the market dynamics continue to reflect this unprecedented scarcity of housing supply.
LOW INVENTORY AND RISING PRICES
In the Baltimore metro area, the fall market presents a challenging scenario marked by a scarcity of available homes, leading to a competitive market for buyers. Although mortgage rates may experience a gradual decline, they are expected to hover around 6.5% throughout the fall season. This set of market conditions is likely to maintain the seller’s advantage, placing prospective buyers in the position of having to make concessions when searching for their ideal property. In essence, it remains a seller’s market, with a persistent issue of limited new listings as homeowners continue to be enticed by historically low mortgage rates.
DECLINING SALES AND SWIFT TRANSACTIONS
In July, the Baltimore region witnessed a notable drop in closed sales, declining by 18.4% compared to the previous year and a significant 28.8% decrease from 2019, a more typical year in the market. The scarcity of supply and high mortgage rates have been the key factors contributing to this decline in closed sales. However, the median sales price in the area displayed resilience, marking a 2.9% increase from the prior year. While June had seen the region’s median price reach an all-time high, July saw a slight decrease to $380,000. Interestingly, attached homes in the area were the only segment experiencing a year-over-year price decline, with a 1.7% drop in the median price to $290,000.
BACK TO CONTENTS
2023 Review thepowerisnowmeida
SWIFT MARKET AND SHRINKING INVENTORY
The median days on market remained consistent for the second consecutive month, staying at 7 days compared to a year ago. This signifies the brisk pace at which homes are being sold, despite a one-day increase from the previous month. In comparison to a more standard year like 2019, homes are now selling at a pace that is slightly more than twice as fast. New pending sales were only at 69% of their 2019 levels, with July’s 3,083 new pending sales indicating a 30.9% decrease from the prior year and a 5.2% decline from the previous month. Condos, in particular, experienced a substantial drop in new pending sales, with a year-over-year decline of 24.2%.
LOCAL MARKETS AND PRICE DYNAMICS
The housing market in the Baltimore metro area showcases robust price appreciation in suburban markets, with the most substantial gains noted in Howard County, which saw a remarkable 15.4% increase in prices in July. In contrast, Baltimore City has faced price declines in six out of the past seven months, although its median price remains significantly higher than it was before the pandemic. The supply of new listings has dwindled, with Howard County and Carroll County experiencing over 40% fewer new listings in July compared to the previous year. Inventory constraints are particularly evident in Howard County, where there is only 0.84 months of supply. Across the region, homes continue to sell rapidly, with even Baltimore City, known for its slightly less frenetic market, boasting a median of just 11 days on the market in July. Overall, the Baltimore metro housing market reflects a highly competitive environment with limited inventory, emphasizing the need for proactive and informed real estate decisions.
A MARKET OF CHALLENGES AND OPPORTUNITIES
In conclusion, the Baltimore metro area’s real estate market presents a mixed bag of challenges and opportunities as the fall season unfolds. Low inventory and steadily rising home prices define the market landscape, offering a seller’s market where buyers are expected to face tough choices. While mortgage rates may decrease slightly, they are likely to remain at approximately 6.5%, further influencing market dynamics.
Closed sales have witnessed a significant decline, primarily due to limited supply and higher mortgage rates. In contrast, median sales prices have shown resilience, maintaining an upward trajectory in most segments. However, attached homes experienced a modest decrease in price.
The market’s brisk pace is reflected in the median days on the market, with homes selling swiftly. New pending sales remain subdued, particularly in the condo segment. Local markets within the Baltimore region showcase varied price dynamics, with suburban areas experiencing strong price appreciation, while Baltimore City faces challenges with price declines.
In light of these market conditions, it’s essential for both buyers and sellers to make well-informed decisions. While challenges persist, opportunities abound for those who navigate the market wisely. As the fall season progresses, the Baltimore metro area’s real estate market remains dynamic, calling for adaptability and sound strategies in the pursuit of homeownership and property investments.
2023 Review thepowerisnowmeida
What Hurts Property Value? 5 Things to Address Now
By Emerick Peace
When it comes to real estate, property value is a critical factor that can significantly impact your investment. Whether you’re looking to sell your home or simply want to enhance its long-term value, addressing certain issues is crucial. In this blog post, we’ll explore five common factors
that can hurt property value and provide practical solutions to address them.
CURB APPEAL MATTERS:
First impressions matter, and the exterior of your property is the first thing potential buyers or renters see. A poorly maintained or
BACK TO CONTENTS
FROM 123RF
PHOTOS
2023 Review thepowerisnowmeida
unattractive exterior can significantly reduce your property’s value. To address this, invest time and effort in enhancing your curb appeal. Consider landscaping, a fresh coat of paint, and well-maintained walkways to create an inviting entrance.
OUTDATED OR POORLY MAINTAINED INTERIORS:
The interior of your home plays a crucial role in determining its value. Outdated fixtures, appliances, and an overall lack of maintenance can turn off prospective buyers. Upgrade key elements such as the kitchen and bathrooms, replace worn-out carpets or flooring, and ensure that all systems (electrical, plumbing, HVAC) are in good working condition.
LOCATION, LOCATION, LOCATION:
While you can’t change the location of your property, you can highlight its positive aspects and mitigate any potential negatives. If your neighborhood has safety concerns or lacks essential amenities, consider emphasizing nearby attractions, public transportation access, or upcoming development projects. Provide potential buyers with a well-rounded view of the neighborhood’s potential.
PROPERTY STRUCTURAL ISSUES:
Structural issues, such as a leaky roof, foundation problems, or plumbing issues, can drastically decrease your property’s value. Addressing these issues promptly is essential. Hire a professional inspector to identify and fix any structural problems. While it may require an upfront investment, it can prevent a more significant loss in property value in the long run.
LACK OF ENERGY EFFICIENCY:
In today’s environmentally conscious world, energy efficiency is a key selling point for homes. An inefficient heating and cooling system, poor insulation, or outdated windows can contribute to higher utility bills and reduce property value. Consider making upgrades to improve energy efficiency, such as installing energy-efficient appliances, upgrading insulation, and replacing
windows with more energy-efficient options.
CONCLUSION
Taking proactive steps to address these common issues can go a long way in maintaining or even increasing your property’s value. Regular maintenance, upgrades, and strategic improvements can make your property more appealing to potential buyers or renters. By investing time and resources wisely, you can ensure that your property remains a valuable asset in the competitive real estate market.
Are you looking to buy or sell property in Prince George County and want expert guidance to maximize your investment? Contact Emerick A. Peace, your trusted real estate professional.
Contact Emerick A. Peace for Personalized Real Estate Assistance!
Whether you’re a buyer seeking the perfect home or a seller aiming to get the best value for your property, Emerick A. Peace is here to help. With a wealth of experience and a commitment to client satisfaction, Emerick is your go-to resource for all your real estate needs in Prince George County. Call Now for a Consultation
Don’t let property value concerns linger – take action today! Contact Emerick A. Peace, and let’s navigate the real estate journey together. Your dream property or ideal buyer may be just a call away.
2023 Review thepowerisnowmeida
JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPEMBER
OCTOBER
NOVEMBER
DECEMBER
2023 Review
Back
to Table of Contents 2023 Review thepowerisnowmeida
Table of Contents 2023 Review thepowerisnowmeida
Back to
2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
BACK TO CONTENTS 2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
Back to Table of Contents
2023 Review thepowerisnowmeida
Back to Table of Contents
Back
to Table of Contents 2023 Review thepowerisnowmeida
155
Potomac Psge, National Harbor, MD 20745
Property Information
THE BEST OPPORTUNITY IN NATIONAL HARBOR GREAT VIEWS WELL APPOINTED UNIT HIGHER FLOOR 2 WELL SIZED BEDROOMS 2 FULL BATHS VERY INVITING CONCEPT HARDWOOD FLOORS THROUGHOUT 3 BALCONIES WITH GREAT VIEWS KITCHEN IS APPOINTED WITH LUXURIOUS CABINETRY, GRANITE COUNTERS AND STAINLESS STEEL APPLIANCE LAUNDRY WITH FULL SIZED APPLIANCES THIS IS A WONDERFUL PLACE TO CALL HOME ALL LOCATED AT NATIONAL HARBOR WITH FINE DINING, ENTERTAINMENT CASUAL DINING WINE TASTING WATER ACTIVITIES AND SPORTS SHOPPING AND PHENOMENALLY SCENIC WALKING, BIKING AND JOGGING TRAIL CONNECT TO THE PROPERTY. NATIONAL HARBOR IS A WONDERFUL WALKABLE COMMUNITY.
CALL ME FOR INFORMATION
Emerick Peace
NMLSID: 320004
Phone number: (240) 882-0198
Email: EmerickPeace@KW.com
BACK TO CONTENTS
$525,000
LISTED FOR
2023 Review thepowerisnowmeida
LISTED FOR $620,000
65 Allison St NE, Washington, DC 20011
Property Information
Wonderful Opportunity with tremendous flexibility...This wonderful home is licensed as a 2 unit dwelling and will satisfy your requirements if you choose to own it as a single dwelling or a dual resident dwelling. This bright and airy home has numerous upgrades windows, roof, paint, bathrooms, redesigned floor plan and exterior color scheme. Spacious living room Separate dining room Office area Kitchen with access to deck and rear outside fenced entertaining area Upper level has 2 generous bedrooms Upgraded full bath Full kitchen Upper level sunroom/entertaining area with access to rear outside fenced entertaining area Lower level has a wonderful has an entertaining area or living quarters Full remodeled bath Walk-thru closet with shoe racks and ample storage Large laundry area with access to rear outside fenced entertaining area. Outside entertaining are is totally fence for enhanced privacy when entertaining guest. Super accessible to metro and great on the driveability chart with close proximity to North Capitol Street and walking distance to Fort Totten Metro station.
CALL ME FOR INFORMATION Emerick Peace NMLSID: 320004 Phone number: (240) 882-0198 Email: EmerickPeace@KW.com 2023 Review thepowerisnowmeida
Back to Table of Contents
PROPERTY SPECIFICATIONS
Completely remodel unit bring yor best buyers to the best property super neutral homes with one bedroom and one bathroom model lighting recessed lights crystal pendant chandelier stainless steel trim ceiling lights new soft touch close cabinets, quartz countertops, stainless steel appliances completely remodeled bathroom with porcelain tiles with new tub modern two panel doors throughout. This home is ready for the buyer.
2 BATH
BACK TO CONTENTS
LIST PRICE: $140,000 7700 AREHART DR APT 1209, NEW CARROLLTON, MD 20784 CALL ME FOR INFORMATION Emerick Peace NMLSID: 320004 Phone number: (240) 882-0198 Email: EmerickPeace@KW.com
2023 Review thepowerisnowmeida
2 BED
PROPERTY SPECIFICATIONS
This home is located at 79 Darrington St SW, Washington, DC 20032 and is currently priced at $269,000, approximately $264 per square foot. This property was built in 1942. 79 Darrington St SW is a home located in District of Columbia with nearby schools including Leckie Education Campus, Hart Middle School, and Ballou High School.
79 DARRINGTON ST SW WASHINGTON, DC 20032 BELLEVUE NEIGHBORHOOD CALL ME FOR INFORMATION Emerick Peace NMLSID: 320004 Phone number: (240) 882-0198 Email: EmerickPeace@KW.com
2023 Review thepowerisnowmeida
LIST PRICE: $269,000
1 BATH 3 BED
BACK TO CONTENTS 2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
Table of
2023 Review thepowerisnowmeida
Back to
Contents
2023 Review thepowerisnowmeida
2023 Review thepowerisnowmeida
Back to Table of Contents
Success starts with the right Choice | My Phenomenal World With Emerick Peace
In this episode, we’ll explore the importance of choosing the right brokerage for your real estate journey. Dive into the culture and values of the brokerage, evaluate the training and support offered, and consider the long-term growth opportunities. Your success is a result of the right choices, and I’m here to guide you through it all!
Real Estate Roundtable Business Planning For Real Estate Agents
2023 With Emerick -Part 1
The Power Is Now Media is an online multimedia company founded in 2009 by Eric L. Frazier and is headquartered in Riverside, California. We are advocates for homeownership, wealth building and financial literacy for low to moderate-income and minority communities. We utilize online Radio, online Magazine, online TV and online events to educate and support the American dream of homeownership
Real Estate Roundtable Business Planning For Real Estate Agents
2023 With Emerick -Part 2
The Power Is Now Media is an online multimedia company founded in 2009 by Eric L. Frazier and is headquartered in Riverside, California. We are advocates for homeownership, wealth building and financial literacy for low to moderate-income and minority communities. We utilize online Radio, online
Real Estate Roundtable Business Planning For Real Estate Agents
2023 With Emerick -Part 3
The Power Is Now Media is an online multimedia company founded in 2009 by Eric L. Frazier and is headquartered in Riverside, California. We are advocates for homeownership, wealth building and financial literacy for low to moderate-income and minority communities. We utilize online Radio, online Magazine, online TV and online events to educate and support the American dream of homeownership
Real Estate Roundtable Business Planning For Real Estate Agents
2023 With Emerick - Part 4
The Power Is Now Media is an online multimedia company founded in 2009 by Eric L. Frazier and is headquartered in Riverside, California. We are advocates for homeownership, wealth building and financial literacy for low to moderate-income and minority communities. We utilize online Radio, online
Real Estate Roundtable Business Planning For Real Estate Agents 2023 With Emerick
As a part of "The Power Is Now media," this video aims to provide you with valuable information and strategies to help you take your real estate business to the next level. Emerick A. Peace has years of experience in the real estate industry and has successfully helped many agents and brokers to grow their businesses.
2023 Review thepowerisnowmeida
Business Planning For Real Estate Roundtable with Emerick Peace | Part 2 -Segment 1
Joining Emerick is Eric Frazier, a seasoned real estate professional who shares his experience and tips on building a successful real estate business. They discuss how to identify opportunities in the market, create a marketing plan, and leverage technology to streamline processes.
Business Planning For Real Estate Roundtable With Emerick -Part 3 -segment 2
As a real estate professional, having a solid business plan in place is crucial for achieving your goals and staying ahead of the competition. Emerick A. Peace, a renowned real estate expert with years of experience in the industry, shares his insights and strategies for creating an effective business plan that works.
Real Estate Roundtable with Emerick -Part 1
Emerick A. Peace of Keller Williams Preferred Properties in Maryland and Eric Lawrence Frazier, CEO of The Power Is Now Media, bring you the latest insights and strategies for building a successful real estate business.
Real Estate Roundtable with Emerick -Part 2
Emerick A. Peace of Keller Williams Preferred Properties in Maryland and Eric Lawrence Frazier, CEO of The Power Is Now Media, dive even deeper into the essential components of a comprehensive real estate business plan. From setting clear and measurable goals to developing a sound financial strategy
Real Estate Roundtable with Emerick -Part 1
Emerick A. Peace of Keller Williams Preferred Properties in Maryland and Eric Lawrence Frazier, CEO of The Power Is Now Media, bring you the latest insights and strategies for building a successful real estate business. Join them as they discuss the essential components of a comprehensive business plan, including marketing, lead generation, financial planning, and more.
Real Estate Roundtable with Emerick -Part 2
Emerick A. Peace of Keller Williams Preferred Properties in Maryland and Eric Lawrence Frazier, CEO of The Power Is Now Media, dive even deeper into the essential components of a comprehensive real estate business plan. From setting clear and measurable goals to developing a sound financial strategy, Emerick and Eric provide valuable insights and practical tips that can help you achieve success in the competitive world of real estate
2023 Review thepowerisnowmeida