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Latest Trends in Northern Virginia Real Estate Market

Latest Trends in Northern Virginia Real Estate Market

The real estate market is a dynamic and ever-evolving landscape, shaped by a myriad of factors including economic shifts. In 2024, the industry continues to experience significant transformations, with emerging trends reshaping how properties are bought, sold, and...
When Will Interest Rates Go Down?

When Will Interest Rates Go Down?

The Bureau of Labor Statistics released the Consumer Price Index (CPI) Report for the end of April 2024. The latest figure is at 3.4%, which is 0.1% less from last month. This number is not getting much closer to the 2% goal set by the Federal Reserve. Here’s...
Should You Pay for a Real Estate Agent?

Should You Pay for a Real Estate Agent?

The National Association of Realtors (NAR) announced changes to their practices and procedures as a result of the real estate lawsuit settlement. These changes take effect August 17, 2024. Major changes include (1) sellers will not be allowed to disclose offers of...
Northern Virginia Market Update April 2024

Northern Virginia Market Update April 2024

The data for the real estate market in Northern Virginia are showing some real positives. In spite of a higher inflation rate (now 3.5%, the economy is still strong with lower unemployment rates, higher wages, and more consumer spending. It seems the public are...
FACTS AND FICTION of Real Estate Commissions

FACTS AND FICTION of Real Estate Commissions

Here is what everyone should know. The recent settlement reached by the National Association of Realtors (NAR) has been all over the news over the past week. This includes headlines like, “Realtor lawsuit settlement unburdens home sellers from heavy commissions....