Northern Virginia Market Update: This past week buyer activity went up by 6.6% Buyers are coming back into the market from the sidelines, some to capitalize on the declining interest rates! New homes listed are up 2.2%. The average list price to the actual sold price is down but with more buyers coming back into […]
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CURRENT HOME PRICES- WHAT SELLERS SHOULD KNOW Should you sell your home? There is a lot of talk about the housing market. Housing price growth is down from the past few months but the percentage of growth from last year is still up. A normal level of housing appreciation is 3-4%, we are currently at
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Mortgage rate dip brought many buyers and sellers back into the market. Inventory is still higher than last year and days on market keep increasing. Sellers are adjusting to the current market – 40% of active listings have reduced their original asking price. See full report here: https://brightmls.com/article/12040 Please reach out to me if you
Market Update December 2022 Read More »
The first step in buying a home! Pick a real estate agent you will love! The first step is not to start picking out homes and viewing homes, go under contract, do a home inspection and start moving in. Before you start looking at homes you need to talk to a lender to see what
The first step in buying a home! Read More »
Now is a good time to buy, here’s why! Prices are being reduced Tax benefits for homeowners Owning is better than renting Refinancing will likely be an option in the future Sellers are paying all or part of buyers closing costs Home inspection and negotiations Appraisal and financing contingencies Home warranty Time to make a
Now is a good time to buy, here’s why! Read More »
How to get an A+ on a home inspection when selling your home You’re under contract- congratulations! The buyers will be doing a home inspection and you want to ace the inspection right? Here are some tips to do just that! Put together a list Put together a list of repairs, replacements and any renovations
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I would greatly appreciate your vote! Vote today at: https://northernvirginiamag.com/best-real-estate-agents-poll
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Be caeful not to make these mistakes when selling your home. Don’t keep an eligible buyer waiting for too long because you hoping for a bidding war: In the past 2 years, waiting through a weekend meant more offers. This is not always happening now and if another buyer show’s interest in submitting an offer
IN THIS SHIFTING MARKET-DON’T MAKE THESE SELLER MISTAKES Read More »
Yes, the market has slowed down. The number of days on market are now at an average of 19 and 2 in 5 home sellers have lowered their asking price in the past 30 days, (Bright MLS data). This is the highest number of home prices lowered since Q4 of 2019. The days of 10+
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There are many factors to consider when deciding to remodel or to move. Here are the top pros and cons to both: REMODEL Pros: There is a lot of satisfaction in doing the work yourself. It can a fun project and very rewarding. If you are not the, do it yourself type it still can
remodel or move? Should you stay or should you go? Read More »
