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...
REAL ESTATE IN NORTHERN VIRGINIA The first market update for Northern Virginia for the new year shows how home prices continue to go down month over month and the increase from last year is narrowing. It is taking longer for homes to go under contract and the number...
Introduction Owning a home is the American dream. According to Keeping Current Matters, “homeownership ranks above other significant milestones, including retirement, having a successful career, and earning a college degree”. Once achieved. It’s a...
As the last article of the year, we prepared a great recap of 2022 and a glimpse into what to expect in the coming year in Northern Virginia. Here is the 2022 Year in Review and 2023 Forecast. 2022 Real Estate in Northern Virginia 2022 YEAR IN REVIEW Frenzied home...
