Navigating the Shifts in the Northern Virginia Housing Market: A Move Toward Balance The Northern Virginia housing market, once characterized by feverish activity and soaring prices, is undergoing a notable transformation. As we move further into 2024, the dynamics of buying and selling homes in this region are shifting from ...
Continue ReadingWHY A LIVING TRUST A living trust, also known as a revocable trust, is a legal document that allows you to transfer ownership of your assets, including your home, into a trust while you are still alive. You can manage and use these assets as you normally would, and you ...
Continue ReadingWhy the Economy Won’t Tank the Housing Market If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some even ...
Continue ReadingPeople Are Still Moving, Even with Today’s Affordability Challenges If you’re thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks ...
Continue ReadingFor Rent 46572 River Meadows Ter, Sterling, VA 20165 $3,000/month GORGEOUS RENTAL OPPORTUNITY! You will love this completely renovated, end-unit townhome in Sterling. It’s so bright and open and the updates are stunning. Ready to show on Thursday, September 28. ⭐ Open concept main level 🛏 3 spacious bedrooms ...
Continue ReadingThe Buying And Selling Of Your Mortgage Loan My last blog post talked about wire fraud scams. If you missed it, you can read it here: Wire Fraud Scams. When you finish signing the closing paperwork on your new home, your settlement packet will include a payment coupon that you ...
Continue ReadingFor the 2nd quarter of 2022 in Countryside, on average, home prices are up 10% from this time last year. We anticipate that prices will level off (not drop) and get back to pre-pandemic appreciation averages of 3-5% / year. But are you worried about what the potential recession ...
Continue ReadingAll of the headlines are talking about a recession and for many of us, we fear that must mean a housing crash as well. Fortunately, the experts say this is not the case because what caused the crash in 2007/2008 is not what is happening in our current market. History ...
Continue ReadingThe Dulles Area Association of REALTORS® released their February market report and here are the highlights. The Median Sales Price was $628, 306, up 7% from this time last year. This is on top of the 16% increase we had in February of 2021. Just to put it in perspective, ...
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