REAL ESTATE IN NORTHERN VIRGINIA This market update for March 2023 for Northern Virginia shows that despite the fact that home sales are down, home prices remain strong. Compared to last year this time, home prices are, on average, 2% higher. Inventory remains low and...
Real estate specialists often offer homeowners a Comparative Market Analysis (CMA) to determine the value of a house for sale. But CMAs are also important to anyone thinking of putting an offer in on a home. It is important information for a home buyer to know how...
For most, the home is your most valuable asset. And homeowners often have a preconceived notion of what their home is worth. There is no replacement for a professional calculation. Many real estate professionals are able to assist with calculating the market value of...
REAL ESTATE IN NORTHERN VIRGINIA This market update for February 2023 for Northern Virginia shows that despite the fact that home sales are down, home prices remain strong. Compared to last year this time, home prices are, on average, 8% higher. Inventory remains low...
These are interesting times for everyone. Speculation about a recession, rise in mortgage interest rates, and low inventory of homes for sale are interesting indeed. And for the person thinking about buying a home, it becomes complicated. There are many factors that...
Everything You Need to Know You found the home of your dreams. It’s in your price range and the lender has provided a preapproval for your mortgage. Your real estate agent has negotiated on your behalf and you are now under contract. It’s an important step...