We love Northern Virginia and the surrounding areas. And with Amazon coming town, doesn’t that just make us love it a little more? Of course. But what can you expect to see happening in the surrounding real estate market in the months (and years) to … [Read more...]
Biggest Drop in Decades for Mortgage Rates
According to a study completed by Freddie Mac in its Primary Mortgage Market Survey (PMMS), the average 30-year fixed-rate mortgage has dropped 22 points. This is the biggest drop one-week drop in 10 years and may give the housing market a boost just … [Read more...]
Kickstart Your Golden Years with a Successful Downsizing Effort
Nobody likes giving up a good amount of their stuff, leaving a home they’ve loved for years, finding a new place that suits their needs, and making a tough and emotional move — but it’s something that many seniors must do if they want to stay … [Read more...]
September Real Estate Market Didn’t Loosen Up Much!
Things are still pretty tight in terms of inventory despite rising prices and inventory. Our National Association of Realtors Cheif Economist, Lawrence Yun, puts this down the very high levels of employment, and we are certainly seeing that in this … [Read more...]
June Market Statistics – Lower Sales Due to Tight Inventory and Interest Rates Going Up
This month I'm adding Jefferson County in WV and Frederick Counties in both VA and MD as I'm seeing some interest in those in the light of other NoVA and SoMD counties getting more expensive. The market is still very tight with lower inventory, lower … [Read more...]
March Northern Virginia Real Estate Market Still Tight
We are still suffering from extremely low inventory and days on the market across northern Virginia. For example, Loudoun County had 19% less inventory than last year, and the lowest inventory in March for 10 years! In some sectors, double digit … [Read more...]
