The real estate market is in full swing with more and more homes coming on the market every week. The only downfall here for Buyers is that the mortgage rates are also going up more and more each day. According to MarketWatch, rates haven't been so high since August 2009. People wanting to buy a ... » Learn More about Should I Buy a Home When Interest Rates are Going Up?
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Real Estate Market Update – April 2022
The housing market is still marked by a lack of inventory. Homes that are reasonably priced and in good condition are going under contract within a few days leaving many buyers wanting more. Higher interest rates have not deterred most buyers. The good news is that more and more homes are coming on ... » Learn More about Real Estate Market Update – April 2022
Mortgage Interest Rates Rising Fast
March 29, 2022 The real estate market is now in the Spring season. When the housing market should be kicking into high gear, the latest news has everyone in shock. Mortgage interest rates are up. Interest rates rising fast is NOT good news. Interest Rates Keep Rising Rates have been ... » Learn More about Mortgage Interest Rates Rising Fast
Market Update – March 2022
Will the Spring make our housing depression go away? The housing market has seen extremely low inventory of homes for sale for the past 2 months. It seems like things are finally turning around and there are more homes on the market than the previous month. Home value is also still on the rise. ... » Learn More about Market Update – March 2022
Interest Rates Affecting Housing Market
Market Update - January 2022 Mortgage interest rates have been rising consistently for the past 4 weeks. Some buyers are surprised how their estimated monthly payment rose so dramatically in just a week. While this increase will cause panic and a sense of urgency in some buyers, it will make ... » Learn More about Interest Rates Affecting Housing Market
2022 Housing Forecast
If you’ve been following the real estate market, you probably know that it has been many months since buyers and sellers enjoyed anything like business as usual. Record-low mortgage interest rates and an even lower inventory was the perfect environment for sellers. It's now a new year and we can ... » Learn More about 2022 Housing Forecast
Market Update – December 2021
Is the real estate market asleep? This is the time of year when we make time to see family and friends, decorate the house, and start holiday shopping. The chilly weather calls for warm drinks, relaxing by the fire, and staying warm. Even the hectic pace of work, at least for most, slow down. For ... » Learn More about Market Update – December 2021
Don’t Forget to Budget for These 5 Things When you Buy a New Home
When you’re purchasing a home, most of your budgeting is built around the costs directly associated with your purchase. You've probably already talked to your lender about closing costs and down payment. It's also important, however, to think through the details of buying and moving into your first ... » Learn More about Don’t Forget to Budget for These 5 Things When you Buy a New Home
Record Sale Price in Ryan Park, Ashburn
$25,000 OVER ASKING IN 5 DAYS This home sale started as a rare opportunity. These units don't come on the market often. When they do, they sell fast. So when this beauty came on the market November 20, it was no surprise. This home set a record sale price in Ryan Park, Ashburn VA. This ... » Learn More about Record Sale Price in Ryan Park, Ashburn
Market Update in Real Estate – November 2021
Home Prices in Northern Virginia Keep Going Up Most agree that Northern Virginia is a beautiful place to live. The splendor of the four seasons is a favorite of nature lovers. It's proximity to Washington DC makes it a prime location for those working in government. The area also boasts a ... » Learn More about Market Update in Real Estate – November 2021
