Interest rates started increasing in March 2022 and hasn’t stopped since. Rates went from below 3% to above 3% in June 2022 to 5% in May 2023. This month, September 2023, interest rates are hovering around 7%. Northern Virginia has been affected. Here’s...
A great real estate agent is a valuable member of your team of experts that can help you throughout your lifetime. They can assist in home sales, finding new homes and rentals, estimate the value of your home for a refinance, and the list goes on. Ever wandered how to...
Fewer than one in five Americans live in rural areas, whoever, over half of Americans say they would prefer to live in the country. This is according to a recent poll. And Northern Virginia is no exception. Factors such as lower property prices, larger living spaces,...
The real estate market this summer has been a waiting game. Home sellers are waiting for mortgage interest rates to come down so they can justify moving; buyers are waiting for more homes to come on the market so they can achieve their dreams of home ownership;...
What is a Zestimate A Zestimate is an estimated market value for a property, calculated by Zillow, a popular real estate website. It uses various data sources and algorithms to estimate the value of a property based on factors such as location, size, and recent sales...
There are currently a lack of homes for sale leading to more competition among home buyers. Many homes for sale are still receiving multiple offers. This causes frustration for buyers wanting a new home. It’s important for home shoppers to understand the real...
