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...
What is This Market Shift? The real estate market has shifted. As mortgage interest rates rose, potential home buyers backed away. Six months ago when a buyer could get an interest of 3% is long gone and it affects their buying power. For example, the monthly mortgage...
5 THINGS YOU CAN START DOING NOW While spring is traditionally the best time of year to sell a home, the fall season cannot be ignored. As mortgage interest rates hover over 7%, many buyers are getting over the initial shock. Lenders are doing their part offering...
The real estate market is now in the Fall season, a time when there is a boom of activity, especially in October. Still, it appears the housing market continues to cool. Most experts are pointing to higher mortgage interest rates which has made homeownership...
