Is It Time To Stop Renting?
Here are eight signs that say you might be ready to stop renting and become a home owner. Maybe it is time to invest in your own home and build equity. Let’s chat about your options. ...
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Money For First Time Buyers
Virginia Housing (formerly VHDA), has spent the last 50 years making homeownership more affordable. Here are some of the programs that you can take advantage of as a first time home buyer: DOWN PAYMENT ASSISTANCE GRANT (DPA) This grant provides money to qualifying first time buyers and it does not ...
Continue ReadingLOCO Market Update – Jan 2023
The spring market has sprung and from what I am seeing, buyers are anxiously waiting more inventory to hit the market. Interest rates have calmed down a bit and now, buyers are ready to get back into home shopping, so I do anticipate a strong spring market in 2023. Our ...
Continue Reading2022 Market Update – CountrySide
Here are the final numbers for our neighborhood real estate market. Despite the increase in interest rates, home prices remained steady through the end of 2022. We did see a shift in buyer activity and the market slowed significantly. But we are already seeing buyer demand creeping back up in ...
Continue ReadingBuying A Home in 2023
Tips To Reach Your Homebuying Goals in 2023 Some Highlights If you’re planning to buy a home in 2023, here are a few things to focus on. Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and prioritize them. Let’s ...
Continue Reading2023 Market Predictions
What To Expect From the Housing Market in 2023 The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower ...
Continue Reading2023 Buyer and Seller Consultations
2023 will be here before you know it and we will all have plans to exercise and eat healthy. Before you get busy with your marathon training, let’s put some time on your calendar to talk about your moving plans for next year. In my opinion, it is never too ...
Continue ReadingForeclosures Not Expected
Home Equity: A Source of Strength for Homeowners Today Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, ...
Continue ReadingWhat Goes Up, Must Come Down
Mortgage Rates Will Come Down, It’s Just a Matter of Time This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the ...
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