Scott MacDonald's Blog
Current Market news in Northern Virginia Real Estate.
RECENT BLOG POSTS
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In speaking with a cross section of Realtors and builders, there are buyers out there. Several builders are seeing increased activity, we are hearing agents are getting more sign calls, they are writing contracts, and our listings are selling. We continue to see that builders are making deals wit...
01/10/2009
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10 - Foreclosures will slow down as more short sales go through and loan modifications become more acceptable to banks 9 - As loan programs continue to change or become obsolete, more loan officers will leave the lending business 8 - Adjustable rates will go lower as the Fed continues to lower it...
01/09/2009
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My great friend, Kent Eley, gave me a book for Christmas by John Maxwell called the Maxwell Daily Reader. As many of you know, John Maxwell is one of my favorite authors. It is a great book that everyone should get if you don’t own it already. On January 7th, he writes about the Law of Influence ...
01/09/2009
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As the year draws to a close, it is time to reflect on the year and what affected real estate in 2008. We had many challenges that faced us…the mortgage melt down, an increased number of short sales and foreclosures that hit the market, prices were sent in a downward spiral, we acquired RE/MAX Mo...
01/07/2009
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As we move towards the end of the year, thoughts of setting New Year’s resolutions come across many of our minds. There are some old standbys…lose weight, exercise, eat healthier, stop smoking, etc. – we’ve heard them all before. This year, let’s focus on your business. Let’s resolve to break old...
12/29/2008
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Last night I had the privilege of being invited to the 20th Annual Washington Business Hall of Fame induction ceremonies. My friend, Bud Morrissette of Interstate Van Lines was my host. The guest list was a virtual who’s who in Washington Business so it was a great networking event as well as an ...
12/12/2008
The pessimism in the market can be overwhelming at times and for some, it is an easy theory to buy into. As we know, when something is easy it isn’t always the right choice or alternative. We must be selective in many areas of our life as result of all we hear and read. Be selective in what you b...
11/28/2008
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Check this out – earlier this week a car dealership in Ohio was offering two cars for the price of one. If you bought a car, the second one was $1! Consumer prices dropped 1% in October – a new record! Gas prices are down nearly 50% from their highs this summer. Housing prices have dropped in som...
11/24/2008
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RE/MAX Gateway Agents are making it happen! Congratulations on your success! We continue to shine in this perceived slow market! Kate recently ran numbers from the RE/MAX website and we came out with excellent marks in my opinion. Through the end of August, the Chantilly office ranked second out ...
11/24/2008
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Scott MacDonald
Scott MacDonald, Broker of REMAX Gateway
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Current Market news in Northern Virginia Real Estate