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...
The real estate market this summer has been a waiting game. Home sellers are waiting for mortgage interest rates to come down so they can justify moving; buyers are waiting for more homes to come on the market so they can achieve their dreams of home ownership;...
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...
As the weather heats up and we experience longer days, it seems we become more active in all areas of our lives. The housing market is no different. The full month of June saw an increase in the number of homes sold and the number of homes on the market for sale. The...
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...
