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Should You Buy a Home Now or Wait until 2023?

Should You Buy a Home Now or Wait until 2023?

NORTHERN VIRGINIA There is a lot going on right now in the real estate market in Northern Virginia. Inflation is at a record high with consumer prices 9% higher than they were last year and the highest rates in 40 years. Home prices remain high and inventory remains...
What is this Real Estate Market Shift?

What is this Real Estate Market Shift?

9 INDICATORS OF A MARKET SHIFT In hindsight, the market has shifted. As recession looms and mortgage interest rates spiked, many home buyers were no longer eager to find a home and many decided to give up all together. Still, homeownership is the dream of many who are...
5 Steps to Homeownership

5 Steps to Homeownership

Deciding to buy a home is a big step. Most people who start searching for homes online eventually want to start touring in person. When this happens, they are often faced with the dreaded question, “Do you have a pre-approval letter?”. Oftentimes, it...
Low Housing Inventory in Northern Virginia

Low Housing Inventory in Northern Virginia

As we head into the end of the winter season, more and more real estate experts are commenting on the very low housing inventory around the country. The number of active listings is down 25% from last year. In Northern Virginia, the same seems to be holding true. On...