Washington DC, Maryland & Northern Virginia
Real Estate & Community News

Aug. 15, 2019

Sellers, Now Is The Time To Buy!

Aug. 14, 2019

We Are Here To Serve!

When you receive a 5-Star rating from customers on the opposite side of the table...you must be doing something right. #Honored and #Grateful

See what other clients and customers are saying about Charles Heyward and The Heyward Homes Team of RE/MAX Specialists.

Aug. 14, 2019

Another Happy Seller! 1308 Ray Rd, Hyattsville, MD

1308 Ray Rd, Hyattsville, MD

An emotional estate sale...but everyone walked away with smiles after a smooth transaction. 

Thinking of selling...call Charles today and put the Heyward Homes Team Marketing Advantage to work for you!

Aug. 9, 2019

Rent Vs. Own [INFOGRAPHIC]

Rent Vs. Own [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space.
  • Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather than that of your landlord.
  • Renting and owning both have up-front fees when you sign your lease or close, respectively. Think about putting that money to work for you!
Aug. 9, 2019

August by The Numbers

Staying current is a must when it comes to understanding the housing market. Here's a look at how the numbers stack up today. If you'd like to learn more about homeownership or your next move, let's get together to discuss your options.

Aug. 7, 2019

Appreciation Is Strong: It Might Be Time to Sell

Appreciation Is Strong: It Might Be Time to Sell | MyKCM

There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment.

Home values have been appreciating for several years now, growing at a strong, steady, and impressive pace. In fact, the average annual appreciation rate since 2012 has nearly doubled the average rate from the more normal market of the 1990s (think: pre-bubble).Appreciation Is Strong: It Might Be Time to Sell | MyKCMAppreciation, however, is projected to shift back toward normal, meaning home prices will likely keep climbing over the next few years, but they are not projected to continue to increase at such a high rate.

Here’s What That Means for Homeowners:

As noted in the latest Home Price Expectation Survey (HPES) powered by Pulsenomics, experts forecast an average annual appreciation rate closer to 3.2% over the next five years, which is more in line with a historically normal market (3.6%). The good news is, there’s still time to take advantage of the current strength of home prices by selling your house now.Appreciation Is Strong: It Might Be Time to Sell | MyKCMLooking at the projections as they stand today, 2019 is slated to drive the strongest appreciation as compared to the upcoming few years. With average home prices still on the rise, the pace at which they are predicted to continue increasing will likely soften by 2020.

Bottom Line

If you’re thinking about selling your house, now is a great time to make your move. Don’t get stuck waiting until projected home price appreciation rates potentially re-accelerate again in 2023. You’ll likely earn the greatest return on your investment by selling now before the prices start to normalize next year.

Aug. 6, 2019

Millionaire to Millennials: The Costly Mistake of Not Buying Now



On his personal website, self-made millionaire David Bach makes a striking statement:

 “Not prioritizing homeownership is the single biggest mistake millennials are making.” 

He further stated, “Buying a home is an escalator to wealth.”

Bach explains:

“Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none.”

He then elaborates on the game of homeownership:

“Start by crunching the numbers…actually do the math...This way, you’re really clear on your goals and you won’t just say to yourself, ‘I’ll never afford this!'

A good rule of thumb is to make sure your total monthly housing payment doesn’t consume more than 30 percent of your take-home pay.”

Bach concludes by saying,

“Oftentimes, buying your first home means you’re not buying your dream home…You’re just getting into the market.”

Bottom Line

Whenever a well-respected millionaire gives investment advice, listeners usually clamor to hear it. This millionaire shares some simple and straightforward insights: “The fact is, you aren’t really in the game of building wealth until you own some real estate.”

Who is David Bach?

Bach is a self-made millionaire who has written nine consecutive New York Times bestsellers. His book, “The Automatic Millionaire,” spent 31 weeks on the New York Times bestseller list. He is one of the only business authors in history to have four books simultaneously on the New York Times, Wall Street Journal, BusinessWeek, and USA Today bestseller lists.

He has been a contributor to NBC’s Today Show, appearing more than 100 times, as well as a regular on ABC, CBS, Fox, CNBC, CNN, Yahoo, The View, and PBS. He has also been profiled in many major publications, including the New York Times, BusinessWeek, USA Today, People, Reader’s Digest, Time, Financial Times, Washington Post, Wall Street Journal, Working Woman, Glamour, Family Circle, Redbook, Huffington Post, Business Insider, Investors’ Business Daily, and Forbes.

Posted in Buyers, Buying a Home
Aug. 2, 2019

Another Smooth Transaction! 506 Quintana Place NW

This property started a possible 'For Sale By Owner'. When the owner called he was considering an offer for $380k. After the Heyward Homes Marketing Plan was put into affect over a 2 week period, we received FOUR offers, several of which were 'as-is' with no contingencies. We were under contract in a week, and the great part was it sold for $70,000 HIGHER than the offer the seller was considering. 

Bottom Line:

Quality service ultimately pays you! Even after a full commission, the seller netted twice the amount he would have if he sold it himself. If you are thinking of selling your home, contact us and put the Heyward Homes Marketing Advantage to work for you!

Aug. 2, 2019

Existing Home Sales Point Toward a Good Time to Sell

Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
  • Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
  • Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.
Aug. 1, 2019

Do You Know Your Credit Score?

Many people assume their credit score is too low to qualify to purchase a home. In reality, 84% of Americans have a credit score that would allow them to become homeowners! You can even use you rental payments to raise your credit score fast! If you'd like to find out more about what your credit score really means and how you can raise it fast, let's get together to chat about the opportunities.