Here is a quick snap shot of what happened in August of 2021 compared to August of 2020. Prices were up around 9% and average days on market was 13. The most shocking statistic is the Months of Supply – is was under 1 month of supply. A balanced ...
Continue ReadingAs a buyer, can you get a better “deal” by going directly to the listing agent? In most cases, the answer is no. Some home buyers believe that if the seller doesn’t have to pay the buyer’s agent, they will lower the price on the home. However, the commission that ...
Continue ReadingHousing Market Conditions • There were 2,676 homes sold in Loudoun County during the second quarter, a 43% increase from last year. • Home prices are rising rapidly throughout the county. The second quarter median sales price was $635,000, which is 20% higher than a year ago, a gain of ...
Continue ReadingHave you been thinking about moving, but not sure how you can buy a new home without selling your current home? Good news! There are several financial options that would allow you to buy before you sell. This is extremely helpful in a market like ours, where inventory is low. ...
Continue ReadingThe Dulles Area Association of REALTORS® just released the May 2021 statistics for Loudoun County. For the 20165 area of Sterling, we have seen a 15% increase in median sales price compared to May of 2020. Now we are starting to see more inventory coming to market. In ...
Continue ReadingBaby Boom + Pandemic + Very Low Interest Rates = Not Enough Homes to Meet the Demand We have been hearing for months about how low housing inventory is. But why? Babyboom According to the latest census, about 30 years ago there was a significant baby boom. And now, there ...
Continue ReadingIn this Ask the Expert video, we are talking all about carpet care with Cindy of ReClaim-It Restoration & Carpet Care in Ashburn. I learned so much! Did you know that you can dye a bleach stain and fix a hole in the carpet? Watch to learn more about how ...
Continue ReadingIn this edition of Ask the Expert, I talk with Dianne Buckley of Staged Envy. What is the process of staging like and how does it help sell your home? To learn more about staging your home for sale and staging to live, visit Dianne’s website: https://stagedenvy.com/ She can also ...
Continue ReadingIn this edition of Ask the Expert, I talk with Brandon, a home inspector with Donofrio and Associates. He talks about the five most common maintenance things that homeowners are not doing. You would be surprised at what they are and how easy they are to do. ...
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