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...
We’ve all felt the effects of inflation. The cost of goods and services have gone up, sometimes dramatically. Groceries cost more now, shopping for furniture and bedding is scary, and the cost of used cars has also gone up. The question is. What about housing? While...
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...
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...
