Headlines: Do home renovations impact tax assessments? What's in store for fall real estate?

Headlines: Do home renovations impact tax assessments? What's in store for fall real estate?
Arlington, Virginia has a median home price of about $600,000 and was recently named one of the top places to live in the United States by Livability.
Here's a look at what's happening in real estate around the District of Columbia and beyond.

Top 10 ways to strengthen your purchase offer and beat out competing buyers

Sometimes buyers and their agents don’t realize that there are many different ways to strengthen a purchase offer besides just the obvious one, the purchase price. This is always something to seriously consider when making any offer, whether or not competing with other buyers. — Inman News

MRIS and Federal Title launch comprehensive closing costs calculator

Federal Title, a technology pioneer in the title industry, initially launched the consumer-facing Close It! app in May 2013 to simplify homebuying costs. The app, along with the MRIS version, can compare costs in different jurisdictions and show the difference in closing on the first of the month compared to at the end of the month. — PR Web

Real estate matters | Failure to list second bathroom with tax office could be costly

Let’s start by differentiating between your property’s tax assessment and the many real estate sites on the Internet. You should know that most real estate sites on the Internet compile information about your property from public records including real estate tax assessment sites. — Washington Post

Arlington, VA listed among top places to live in the US

Known worldwide for Arlington National Cemetery that was established during the Civil War, Arlington is an upscale community whose largest employer is the Government of the U.S., with 34,000 employees. The median home price in Arlington is $600,000, and local students can attend classes at the campuses of George Mason University and Marymount University. — Livability

Fall predictions: DC Area home prices to rise just 1 to 2 percent this fall

As fall approaches, there are a number of questions floating around about the DC area housing market. Will inventory continue to come online making it a buyer’s market? Will the slew of new apartments entering the rental market push rents down? Will mortgage rates head higher as experts have predicted? — DC Urban Turf

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