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How Interest Rates are Affecting Housing in 2023

How Interest Rates are Affecting Housing in 2023

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...
Are Zestimate’s Accurate? All You Need to Know.

Are Zestimate’s Accurate? All You Need to Know.

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...
What it Takes to Buy a Home in this Market

What it Takes to Buy a Home in this Market

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...
Your Home Goes Under Contract. Now What?

Your Home Goes Under Contract. Now What?

5 IMPORTANT STEPS AFTER YOUR HOME GOES UNDER CONTRACT For a home seller, there’s no better feeling than having your home go under contract quickly and at the price you wanted. It’s important to know that this is an important time to stay vigilant and...
How to Market Your Home for the Best Price

How to Market Your Home for the Best Price

Multiple offers lead to better sale prices with better conditions for the home owners. To increase your chances of getting multiple offers, consider the following. First, make sure your home is in the best condition possible by making any necessary repairs and staging...