Devin O'Reilly

[Devin O'Reilly @djo_DMV]

@CleekGeeks He’s not battling for a top 10, he’s only interested in trophies. After a couple bogey’s fire up the Jet 😤🏆

[Devin O'Reilly @djo_DMV]

@CleekGeeks Action packed!

[Devin O'Reilly @djo_DMV]

@khalil_knows This is one of my favorite blocks in all of DC.....awesome place and close to so much

[Devin O'Reilly @djo_DMV]

@NewsLambert @FannieMae They've been wrong on every forecast since 2021. These predictions are so meaningless at this point.

[Devin O'Reilly @djo_DMV]

@mortgagetruth Only 2 out of 10 households with a mortgage have a rate at 6% or higher. When you include properties bought in cash its probably closer to 10%. Love the optimism but he's just talking his book.

Unwinding lock-in-effect will probably require rates to come back into the 5.00%'s

[Devin O'Reilly @djo_DMV]

@mortgagetruth Waive Capital Gains tax for seller if:

“Buyer of property is purchasing as a Primary Residence.”

Announce it as available for tax years 2025 and 2026 only.

[Devin O'Reilly @djo_DMV]

@HowardRoark90 Also think legislative intervention is needed to make building easier/cheaper to narrow the gap

[Devin O'Reilly @djo_DMV]

@HowardRoark90 It’s a huge problem.

What I don’t understand is how the pent up demand hasn’t lead to more building, and thus a narrowing of the shortage gap.

The limiting factors appear to be both current construction costs as well as high mortgage rates……

[Devin O'Reilly @djo_DMV]

@khalil_knows 100%. There’s countless variables that need consideration when buying/selling, many are hard to identify without experience. Good agent keeps you out in front of any issues.

Oh yeah, and the whole pricing and negotiating experience…the wrong list/offer/counter can cost you big

[Devin O'Reilly @djo_DMV]

@SunShakSunday What is the course of the income that pays back the 8% on the 10M? Real Estate?

[Devin O'Reilly @djo_DMV]

@GCiams Are you referring to the Family Opportunity Loan?

[Devin O'Reilly @djo_DMV]

@NewsLambert DC Area: Tons of qualified buyers competing for a very small amount of inventory. Specifically in the suburbs.

Folks becoming more open to a new-build communities further out…...

[Devin O'Reilly @djo_DMV]

@GRomePow You collecting a check from Elon each month for pedaling your cherry picked, fear mongering nonsense is more of a ‘ponzi’ than anything you claim.

Wishing you much continued success!

[Devin O'Reilly @djo_DMV]

@GRomePow You use the word “leverage” like someone who says “basis points” to sound smarter.

Of course values drop with higher rates.

You know nothing about CRE.

[Devin O'Reilly @djo_DMV]

@GRomePow Do you think the industrial commercial RE values are inflated right now because there is a demand for them?

Is retail commercial space also a “ponzi” because it is struggling too?

(FYI those are the other “classes” of commercial real estate that all garner different demand)

[Devin O'Reilly @djo_DMV]

@ethanflynncpa Yeah I suppose "supply" would indeed be higher regardless if including for-rent and for-sale inventory.

In the case of residential real estate purchases(my industry) the keeping, and renting, of the departing residence will only restrict the amount of for-sale inventory.

[Devin O'Reilly @djo_DMV]

@funnydanny They're clearly so thoughtfully invested in the long term success of the team. It's very hard to imagine that
any decision does not come with a tremendous amount of due diligence/counsel.

This ain't the Jay Gruden 'signed-on-the-spot' at Snyder's house type of regime.

[Devin O'Reilly @djo_DMV]

@BleacherReport The Bucks understand their massive championship window/opportunity.

Worth paying what it takes to get it right.