Virginia, Maryland and Washington DC Real Estate Search

Portfolio Realty is a premier real estate firm serving Virginia, Maryland and Washington DC. The DC metro area real estate market demands high levels of skill, proficiency and knowledge. Whether you are eager to buy your first home, sell your nest egg, invest or relocate to the area, it is important to protect your investment by working with a local market expert.
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What to Consider Before Buying a Home

Everyone is unique and has their own opinion. You can’t tell someone what they like and don’t like. Each person’s wants, desires, hopes and dreams are different from the person next to you. Even your parents, friends, and your co-workers see things differently. Don’t let anyone tell you that you can’t be picky. After all, it’s your money not theirs. Let’s take a look at some factors surrounding your home buying decision.

Interest Rates Drop

Interest on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all fell this week, according to Freddie Mac. The average on 30-year financing slipped to 5.2 percent from 5.32 percent a week ago. The 15-year mortgage declined to 4.69 percent, down from 4.77 percent. Five-year ARMs were down to 4.82 percent […]

Process for Foreclosures Gets Longer

According to recent reports, banks and mortgage servicers are being more careful by dotting their i’s and crossing their t’s.  The foreclosure process can take up to 2 years now to foreclose on defaulting homeowners.  So those of you that think the foreclosures are going to slow down and the market is going to bounce […]

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Homeownership Tax Benefits

The question that always comes up at the settlement table or a few weeks after closing is, “What are the tax benefits that I get now for owning a home?” As much as I would like to help my clients out and provide top notch service, I am not a bona fide tax professional.  I […]

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