This month, the Northern Virginia real estate market seems to be closer to pre-pandemic activity and a more balanced market. At the end of last month, sale prices were up 1.5% from the previous month and up over 6% from last year. It’s taking longer for homes...
TURNING CHALLENGES INTO OPPORTUNITIES IN A CHANGING REAL ESTATE MARKET The real estate market is evolving, and many sellers are finding that the offers they receive may not align with their initial expectations. Some offers come in below asking price, while others...
If you’re in the process of buying a home, you’ve likely heard the terms offer and contract thrown around. While they’re both key parts of the home-buying process, they mean very different things. Understanding the distinction can help you make smarter decisions and...
This month, the Northern Virginia real estate market is marked by changes and some uncertainty. At the end of last month, sale prices were up 6% from last year but down 2% from last month. It’s also taking longer for homes to go under contract and there...
Determining a home’s value can be a complex process, with several different methods and terms that often get confused. If you’ve ever come across terms like appraisal, assessment, and market analysis, you might wonder how they each relate to your property and...
