More and more homeowners are thinking about renting out their homes, parts of their homes, or buying an investment property. They’ve likely heard that it’s a great way to make passive income and build generational wealth. This is very true. If you have...
The current real estate market in Northern Virginia appears to be the new normal. Inventory levels match the 5-year averages. Home prices are leveling off. Additionally, the average sold price to list price is just at 100%. The latest Federal Reserve announcement also...
While real estate is a tangible and regulated industry, there are several myths and misconceptions associated with it. These myths can sometimes lead to misunderstandings and misinformed decisions among buyers, sellers, and investors. A true professional serves their...
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;...
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...