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Selling Your Home this Fall

Selling Your Home this Fall

5 THINGS YOU CAN START DOING NOW While spring is traditionally the best time of year to sell a home, the fall season cannot be ignored. As mortgage interest rates hover over 7%, many buyers are getting over the initial shock. Lenders are doing their part offering...
Home Prices Falling in Northern Virginia

Home Prices Falling in Northern Virginia

MARKET UPDATE – OCTOBER 2022 For the fifth time this year, the Federal Reserve has raised the funds rate, this time another 75 basis points. The hope is that these measures curb inflation. Lending institutions have raised mortgage interest rates as a result,...
What is “Buyer Beware” or Caveat Emptor ?

What is “Buyer Beware” or Caveat Emptor ?

Caveat Emptor is a legal term that comes from the Latin for “Let the Buyer Beware”. It’s based on the principle that the buyer alone is responsible for checking the quality and suitability of goods before a purchase is made. In Virginia, the term is...
Real Estate Market Update September 2022

Real Estate Market Update September 2022

Market Shift 2022 It’s hard to believe we are still in a Seller’s market. While inventory remains low, it is taking longer for homes to go under contract. And buyers, who got quiet as mortgage interest rates soared, seem to be back. Here is the real estate...
Real Estate Market Update August 2022

Real Estate Market Update August 2022

Market Shift 2022 All the talk is about the market shifting. With inflation and the talk of recession, many buyers have stopped looking as more homeowners are putting their homes on the market. Real estate agents in Northern Virginia are feeling the change in tides....