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
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5 Tips to Stage Your Home on a Budget
Most people want to sell their homes for the most profit in the least amount of time. One major element to success is home staging. While professionals can transform your spaces and offer a massive return on investment, not everyone chooses to go this way. Still, when you decide to sell your home, ... » Learn More about 5 Tips to Stage Your Home on a Budget
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
How the Housing Market is Affected by Russia’s Invasion
Russia has invaded Ukraine. While some people appear lost, almost in shock, others are in fear of disaster and market crash. February's market report for Northern Virginia can't be explained without looking at this global tragedy. Many are waiting to see what happens next. The U.S. along with ... » Learn More about How the Housing Market is Affected by Russia’s Invasion
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
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
5 Facts to Know if You Need to Buy a Home This Fall
While Spring is traditionally the best time of year to buy a home, I think we can all agree that "tradition" is not our new normal. The last two years have been devastating times for many. The future holds few certainties. The talk now is about the great resignation as record numbers of Americas ... » Learn More about 5 Facts to Know if You Need to Buy a Home This Fall