When exploring opportunities in real estate, it’s essential to approach the home-buying process with careful planning and clarity. It may be you are a first-time buyer, or you’re looking to upgrade, or you are an investor. Regardless, understanding how much home...
The current real estate market in Northern Virginia is exciting. Mortgage rates are coming down. Today, the Federal Reserve announced they will lower the federal funds rate by half a percent. This will allow rates to go even lower than today’s rate of 5.7%. This...
The current real estate market in Northern Virginia continues to evolve. It feels like we’re on the cusp of change. With decreasing inflation, lower mortgage interest rates, increasing housing inventory, upcoming elections, and the end of the summer season,...
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...
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...
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...
