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 frustrated with paying rent ... » Learn More about What is this Real Estate Market Shift?
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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 leaves potential buyers feeling overwhelmed. They ... » Learn More about 5 Steps to Homeownership
3 Things to Know about the Fall Real Estate Market
The coronavirus pandemic has changed the way we live. We are now living a new "normal" and real estate is no exception. Before this, late spring and summer were the busiest times to buy and sell homes. This was driven mainly by families wanting to settle in a new home before the start of the school ... » Learn More about 3 Things to Know about the Fall Real Estate Market
Why Do I Need a Mortgage Pre-Qualification Letter?
Mortgage pre-qualification is an extremely important step in buying a home. In Virginia, to submit an offer to a homeowner to purchase their home, you will need to include a pre-qualification letter from a lender stating how much of a home you can afford and the terms of the mortgage. A mortgage ... » Learn More about Why Do I Need a Mortgage Pre-Qualification Letter?