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August 2017 News

Aug
17
|
Dear Friends & Neighbors –

We know everyone’s getting excited about the total solar eclipse next week. But just like with real estate transactions, we never want to see our clients get burned – make sure you pick up a pair of eclipse glasses! Here is the inside scoop on places handing these out for free so you can view this astronomical event safely.

Market Overview

With everyone in the midst of their summer vacations, year-over-year comparisons show a decline in housing inventory levels for the 15th month in a row. Not to mention that the strong economic recovery in our region has prompted a record “July high” for sales price. These statistics might appear great for sellers, but have shown that DC homes are actually overvalued. That means they are at least 10% higher than the long-run sustainable level (determined by factors such as average disposable income). Many are able to leverage the currently low mortgage rates to make a purchase, and Fannie Mae is even raising their “debt-to-income ratio” to 50%! But these statistics are still dissuading some potential buyers.

As more people are waiting for the right home, the sale process should slow down, allowing inventory to creep back up. This has happened before: after the big influx of inventory in 2008, levels began to decrease until 2013 (at a level 22.5% lower than our current stock). Supply increased during 2014-15, and is now cooling again. So the market certainly isn’t frozen. “Flipping” has actually been on the rise in the Metropolitan area, as shown by this Arlington family. But there are always buyers and sellers looking to dive in; just part of the circle of life!

Wydler Brothers is Growing!

We would like to introduce you to the newest member of our brokerage

Natalie Vaughan
Natalie VaughanNatalie is strongly dedicated to fulfilling her clients’ specific needs, and does so with an energetic, and professional approach that is backed confidently by her expertise and experience in the market. An area resident for more than 30 years and specifically in Arlington since 2003, Natalie has practiced real estate locally with excellent results since 2007. She has gained a wealth of intimate knowledge of the community, from schools to neighborhoods to local services, and her insider’s perspective is a huge benefit to her clients. She currently lives in Arlington with her twin sons and is highly involved in the community.

In The News
Observe the Eclipse in the Nation’s Capital
For the first time in almost 100 years, a total solar eclipse will cross the entire United States! Observers located in Washington, D.C., will see a partial eclipse, with the Moon blocking up to 82% of the Sun.
Read more here.
DC Getting Greener

Already, people who love green spaces should be able to fall in love with the nation’s capital. There are so many parks and public areas to choose from, from Meridian Hill Park to Rock Creek Park. In the coming years, residents and tourists alike will be able to find even more parks along with heavily refurbished ones. Read more here.

INTRODUCING THE ADVANCE GROUP OF WYDLER BROTHERS REAL ESTATE

Jul
25
|

Wydler Brothers Real Estate is excited to announce that they are are experiencing tremendous growth! A team has recently formed from experienced agents within the brokerage.

The Advance Group (TAG) is comprised of Kesh Tayal, Tracy Williams (former Director of Sales at Wydler Brothers), and Joshua Baumgardner, who bring a combined 20+ years of real estate experience. TAG believes that in today’s real estate market, buyers and sellers deserve more expertise, professionalism and local industry insight from their agent. This team provides a consultative approach in areas ranging from residential, including new construction and working with builders, to new developments and commercial transactions. More than simply buying and selling homes, TAG believes real estate is about finding innovative solutions to unique situations and creative strategies to achieving success that sets this group apart; from discovering a new lot or off- market listing, engaging with builders, or introducing investors to potential opportunities.

Wydler Brothers Real Estate is a successful brokerage founded by brothers, Hans and Steve Wydler. The brokerage specializes in fine homes and condominiums throughout the greater DC metro area. With close to $1.25 billion in sales since their inception, they were among the highest producing teams inside the Beltway and recently rank #29 in the USA by The Wall Street Journal, and were recognized as the most “innovative Realtor in America” by Inman News, the leading trade publication that focuses on residential real estate. Through a combination of smart people, cutting-edge technology, and a community-knowledge approach, Wydler Brothers Real Estate is committed to delivering the highest level of service to clients and providing the best marketing and technical support to their agents.

For more information, contact Kathleen Wilks at Wydler Brothers at 202-276- 0638 or Kathleen@wydlerbrothers.com or visit www.wydlerbrothers.com

INTRODUCING THE SCHANTZ GROUP OF WYDLER BROTHERS REAL ESTATE

Jul
25
|

Wydler Brothers Real Estate is excited to announce that they are are experiencing tremendous growth! A top-producing team has just joined Wydler Brothers.

Brandy & Steve Schantz, known under the team name of The Schantz Group, bring to real estate an unmatched commitment and integrity that they learned as officers in the military. Brandy is a former U.S. Army Intelligence Officer and Steve is a distinguished, retired Army Warrant Officer and Combat Veteran, who dedicated over 23 years to the service of the United States. Knowing first-hand the stresses of relocating, they are dedicated to delivering personalized service and expertise, treating each client like family! The pair live in Arlington, VA, but have helped clients find and sell homes all throughout a 50-mile radius of Washington, D.C. Between the military service and travels, and the fact that Brandy runs the Marine Corps Marathon every year, you can say The Schantz Group literally “goes the extra mile” for their clients!

Wydler Brothers Real Estate is a successful brokerage founded by brothers, Hans and Steve Wydler. The brokerage specializes in fine homes and condominiums throughout the greater DC metro area. With close to $1.25 billion in sales since their inception, they were among the highest producing teams inside the Beltway and recently rank #29 in the USA by The Wall Street Journal, and were recognized as the most “innovative Realtor in America” by Inman News, the leading trade publication that focuses on residential real estate. Through a combination of smart people, cutting- edge technology, and a community-knowledge approach, Wydler Brothers Real Estate is committed to delivering the highest level of service to clients and providing the best marketing and technical support to their agents.

For more information, contact Kathleen Wilks at Wydler Brothers at 202-276- 0638 or Kathleen@wydlerbrothers.com or visit www.wydlerbrothers.com

Announcing New Leadership at Wydler Brothers

Jul
20
|

Wydler Brothers Real Estate is pleased to announce three internal advancements. Kathleen Wilks has been promoted to President/Chief Marketing Officer; Rob Seaver has been promoted to Director of Innovation & Technology; and Lisa Tippins has been promoted to Vice President of Brokerage Operations in the Wydler Brothers Maryland office.

Kathleen has been a fundamental part of the company’s expansion since her arrival nearly 3 years ago, putting her stamp on nearly every aspect of the brokerage starting with rebranding the company, launching a new website, creating agent-specific marketing programs, expanding their social media presence, organizing all special events and now increased involvement with agent recruiting. She has engrained herself into the fabric that holds Wydler Brothers Real Estate together, truly embodying the “team as family” model. Her unique outlook on marketing coupled with her natural leadership abilities make her more than suitable to fill the role of President in the coming years and push the Wydler Brothers’ brand to a new frontier.

Rob has now been with the Wydler Brothers Real Estate for 4 wonderful years. After his graduation from Virginia Commonwealth University and his experience as a freelance PR professional in New York City, Rob has gone above and beyond providing Wydler Brothers Real Estate with his extensive graphic design work and thorough technological assistance and creativity. Wydler Brothers looks forward to Rob’s continued effort to utilize new systems for improving and streamlining the company’s internal and external operations.

Lisa Tippins has been the Director of Client Services and Compliance in the Chevy Chase office of Wydler Brothers for the past three years. She has thrived in this position due to her attention to detail and articulate communication style, ensuring that clients and customers have smooth transactions from start to finish. Wydler Brothers is excited to see how Lisa will further shape the day-to-day functions of the brokerage in ways that promote long-term growth and quality assurance.

Wydler Brothers Real Estate is a successful brokerage founded by brothers, Hans and Steve Wydler. The brokerage specializes in fine homes and condominiums throughout the greater DC metro area. With close to $1.25 billion in sales since their inception, they were recognized as the most “Innovative Realtor in America” by Inman News, the leading trade publication that focuses on residential real estate. Through a combination of smart people, cutting-edge technology, and a community-knowledge approach, Wydler Brothers Real Estate is committed to delivering the highest level of service to clients and providing the best marketing and technical support to their agents.

For more information, contact Kathleen Wilks at Wydler Brothers at 202-276-0638 or Kathleen(at)wydlerbrothers(dot)com

Best Washingtonian 2017

July 2017 News

Jul
14
|

Dear Friends & Neighbors –

Beach season is underway, and whether you are traveling or just playing local tourist, we hope you’re all having some fun in the sun! Since those summer days can start to drag on at times (but really, does anyone know what day of the week it is…), here are some ideas for family-friendly activities right in our backyard!

And of course, you aren’t the only ones enjoying the weather. Check out these solar-powered properties in DC that sold in just a few days. If you’re feeling inspired, see what neighborhoods are ideal for your home to soak up some Vitamin C too!

Market Overview

The only thing more fickle than trying to pick this season’s swimsuit is the market. You can see listings go stale and bidding wars happen simultaneously, even in the same neighborhood. Because of this, sellers may be tempted to go on the market with an inflated list price and test their luck. However, this strategy can force a price reduction later on, which may raise red flags with potential buyers. Nowadays, more homeowners are deciding to become landlords, which can be surprisingly appealing for both sides. Even as the economy recovers, cities like ours are full of prospective renters, so you may have an easier time finding a tenant. Over time, those renters may even become your buyers, making the transaction much smoother for all.

But if you want to stick with a sale or purchase rather than get into renting, the DC area is the place to be. Compared to this time last year, the median sales price is up 2% across the Metropolitan area, with a high of a 13.9% increase in Alexandria. Closed sales are also up from last June by 3.4%, showing a 43.2% increase in Fairfax City. However, May 2017 was a record-setting month, and things are definitely ‘cool for the summer,’ with a decrease in contract activity overall. This all to say that there are annual, seasonal, and monthly factors; each home truly gets a unique treatment on the market!

Wydler Brothers Agents Honored in Best of Washingtonian!

We are incredibly excited to have so many members of our agent family honored in the Best of Washingtonian last month. We know this is a direct reflection of the trust and support we’ve received from our clients, fellow real estate professionals, and friends and families, so thank you all!

Top Producing Agents

 

New Leadership at Wydler Brothers
Wydler Brothers Real Estate is pleased to announce two internal advancements: Kathleen Wilks has been promoted to President/Chief Marketing Officer, and Rob Seaver has been promoted to Director of Innovation & Technology.
Kathleen WilksKathleen Wilks
Kathleen has been a fundamental piece of the company’s expansion since her arrival three years ago, putting her stamp on nearly every aspect of the brokerage and truly embodying the “team as family” model. Her unique outlook on marketing coupled with her natural leadership abilities will propel the Wydler Brothers’ brand to a new frontier.
Rob SeaverRob Seaver
Rob has now been with the Wydler Brothers Real Estate for four years. Rob has gone above and beyond providing Wydler Brothers Real Estate with his extensive graphic design work and thorough technological assistance and creativity. In this new role, he will continue to improve and streamline the company’s internal and external operations.

In The News
Capital Bikeshare users save an average of $631 per year on travel cost
Capital Bikeshare is booming, and has been for quite a few years now. In order to learn more about how and why D.C. residents, commuters, and other visitors use the ride share service, Motivate accessed data from customer surveys across the system.
Read more here.
Floating the Future Concepts for the Georgetown Canal

Georgetown Heritage (GH), the National Park Service (NPS) and the architecture and design firm James Corner Field Operations are beginning the public solicitation phase of an effort to make a mile-long stretch of the C&O Canal in Georgetown more modern, engaging and accessible. Read more here.