Should I Wait for Mortgage Rates To Come Down Before I Move? If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you. In the housing ...
Continue ReadingAs a seller, you have options when it comes to deciding how you want to market your home. With the pending changes coming, let’s talk about the pros and cons regarding a seller offering buyer agent compensation. Benefits of Offering Buyer Agent Compensation Enhanced Visibility and Increased Showings Lead to ...
Continue ReadingThe day that the new broke on the headlines, I recorded this quick 2 min video explaining what these changes are and what it may mean. However, nothing is finalized and changes won’t be effective until later this summer. Of course the headlines are not quite accurate, and many details ...
Continue ReadingRecently, the National Association of Realtors (NAR) reached a significant settlement in a commission lawsuit, raising questions and discussions within the real estate industry. Background: The lawsuit against NAR centered on allegations of anticompetitive practices related to buyer agent commissions. Critics argued that NAR’s rules restricted competition and transparency, ultimately ...
Continue ReadingHome sellers can make various mistakes throughout the selling process. Here are some common ones to avoid: Overpricing the Property: Setting an unrealistic asking price can deter potential buyers and prolong the time your home sits on the market. It’s essential to conduct thorough research and work with your real ...
Continue ReadingMarketing a home as “Coming Soon” can offer several benefits for sellers: Generate Early Interest: By promoting a property as “Coming Soon,” sellers can generate early interest and anticipation among potential buyers before the home officially hits the market. This can create a sense of exclusivity and urgency, leading to ...
Continue Reading2 of the Factors That Impact Mortgage Rates If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because ...
Continue ReadingExpert Quotes on the 2024 Housing Market Forecast If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking ...
Continue ReadingHere are the numbers from the Dulles Area Association of REALTORS® for October. Price growth has moderated in some parts of the county and continues to climb in others. The countywide median price was $665,000 in Loudoun County in October, inching up just 1.5% from the previous year, a $10,000 ...
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