What To Expect from Mortgage Rates and Home Prices in 2025 Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. Whether you’re thinking ...
Continue ReadingWhen it comes to selling your home, pricing it right from the start is critical. While it’s tempting to list your property at a higher price with the thought of “testing the market” or leaving room for negotiation, this strategy can backfire. Overpricing can lead to extended time on the ...
Continue ReadingHistorically, elections can have a noticeable impact on the housing market. I asked ChatGPT for a list, and I think it summarized the information quite nicely. 1. Market Uncertainty – Pre-Election Period: The months leading up to an election often create uncertainty, especially regarding potential policy changes. This can cause ...
Continue ReadingUPDATE: Pending as of September 20,2024 Welcome to this beautiful home in the Countryside community. The kitchen and all bathrooms have been gorgeously remodeled and you will love this corner lot with its mature landscaping and inviting curb appeal. As you step inside, you are greeted with a remarkable entryway ...
Continue ReadingNavigating 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 ReadingUnderstanding the Changes to Real Estate Commissions To help explain these new changes, let’s first look at how commissions were paid before August 17, 2024. Before August 17, 2024 When a seller listed their home for sale they would sign a Listing Agreement with their agent. Within the agreement was ...
Continue ReadingUnderstanding the Changes to Real Estate Commissions To help explain these new changes, let’s first look at how commissions were paid before August 17, 2024. Before August 17, 2024 When a seller wanted to list their home, they would sign a Listing Agreement with their agent, agreeing to pay a ...
Continue ReadingWhen it comes to home updates that provide the best return on investment (ROI), certain projects tend to add more value than others. Here are some of the top updates: 1. Minor Kitchen Remodel: – ROI: ~70-80% – Details: Updating cabinets (refacing or painting), replacing countertops (quartz or granite), installing ...
Continue ReadingWhen buyers are considering purchasing a home, they typically prioritize certain aspects of the home’s condition. The home does not have to be perfect, but in order to get top dollar for your home, you want it to be in the best condition possible to attract the best offers. ...
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