Embrace the Freedom: Downsizing, Decluttering, and Moving On!
In this edition of Grounded, we’re delving into the multifaceted process of downsizing. From decluttering to legal preparations, etc., this edition is tailored for adults embarking on this transition and for children stepping in to assist their parents as they plan for retirement and beyond. _____________________________ Why Downsize? Reduced Maintenance: Embrace a lifestyle with less […]
Real Estate Resilience: Navigating Market Challenges with Confidence
In this edition of Grounded, we aim to provide you with an insightful update on the current state of the residential real estate market in Northern Virginia and offer practical tips for buyers to gain a competitive edge. Market Overview: The Northern Virginia real estate market continues to exhibit robust activity, characterized by steady demand and […]
Real Estate Trends Shaping 2024
Northern Virginia’s residential real estate market looks poised for another dynamic year! As we step into 2024, let’s explore some key facts shaping the market dynamics. 1. Appreciation Trends: Home values are steadily appreciating across Northern Virginia. The demand for housing remains high, with limited inventory continuing to fuel competition among buyers. This has led […]
Lower Mortgage Rates Unveiled!
Interest rates are on the decline! They’ve hit a four-month low for the average 30-year fixed rate mortgage. This drop in rates marks the sixth consecutive weekly decline, reflecting the recent downward trend in the 10-year Treasury yield, which significantly impacts loan pricing. According to Freddie Mac, the average rate for a 30-year mortgage dropped to […]
Unlocking Opportunities: A Guide to Buying Homes with Dropping Rates & Mortgage Flexibility
We’re heading towards the end of 2023, and if buying a property is on the horizon for you, take note! The housing market’s on its seasonal slide into Fall, which is a fantastic time to consider buying. Why? Well, you’ve got a bit more breathing room to mull things over—think evaluations, home inspections, and even […]
Elevate Your Selling Success
Maintaining your home is crucial, even when you’re not planning to sell it. Consistent home maintenance is vital for preserving your home’s worth and preventing unexpected financial burdens. Here are some helpful tips to be mindful of. HVAC Maintenance: Have your heating, ventilation, and air conditioning (HVAC) system serviced annually. This includes cleaning or replacing […]
Knowledge is Key
Are you interested in purchasing a home, but uncertain about where to begin? Take advantage of the complimentary Virginia Housing educational session, facilitated in collaboration with Stephen Bilowus, designed to provide insights into the home-buying journey and how to prepare for homeownership. This course imparts essential knowledge about the various stages of the home-buying process. […]
Half Year Round-Up
As we reach the midpoint of the year, we take a moment to look at the current and upcoming conditions of the market. Prices are still holding up well, but there aren’t as many homes available, which has caused about a 20% drop in the number of homes sold in Northern Virginia. With a few […]
Strong First Impression
While the current real estate market may favor sellers, it’s still important for homeowners to tackle a few interior home renovation projects before listing their home for sale. Even in a sellers’ market, where demand is high, making strategic improvements to your home can help attract more potential buyers, increasing its overall value, and potentially […]
Curb Appeal
Considering selling your home, don’t sell yourself short! The exterior of your property is the first thing potential buyers will notice, setting their initial impression that can be hard to change. Consider exterior projects that focus on adding value to your home by enhancing its curb appeal. According to a study conducted by business professor Sriram […]