It’s that time of the year for sniffles, sore throats, and headaches as the trees and flowers are in bloom. Spring isn’t easy on all of us, especially if we cannot control allergens inside the home. But while you might think that allergies are something related to the air quality outside your door, you should […]
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What a Lumber Shortage Means for Home Prices
Lumber is a basic construction material for building new homes as well as renovations of existing homes. It may seem like lumber is an abundant resource, but in fact, there is currently a nationwide lumber shortage that is bringing many construction projects to a standstill. Lumber shortages are also driving up price, which is then […]
Mortgage Rates Rise Over 3% – What Happens Now?!
Uh oh! Mortgage rates are on the rise… sort of. In early March, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. While this news may be alarming to those who are looking to take advantage of historic low rates touted during the coronavirus pandemic, keep […]
Homeowner Equity and Wealth Accumulation
National homeowner equity grew in the fourth quarter of 2020 by $1.5 Trillion or 16.2% year-over-year based on a CoreLogic analysis. The study was done on the six out of ten homeowners who have mortgages on their home. The fourth quarter of 2020 also saw the number of mortgaged residential homes with negative equity decrease […]
Real Estate Investment: An True Investment in You
Buying a home in Springfield & Burke has traditionally been considered a sound real estate investment. Some would argue that it may even be a better investment than stocks! Now, second homes and rental properties aside — we’re talking about homes you plan to buy to live in yourself — the purchase of real estate […]
How to Prepare for Mosquito Season
The weather in Springfield and Burke is finally changing. When Spring peeks out with the year’s first few days of warm weather, we may throw open the doors and windows and start dreaming of the season’s beautiful blooms and blossoms. But we should also be aware… this first taste of warm weather means it’s time […]
Discover the Springfield’s Sydenstricker Schoolhouse
Among the landmarks and historic buildings in Springfield, VA is an intimate and quaint — yet surprisingly accessible — reminder of what life was like almost 100 years ago. A Look at the Historic Sydenstricker Schoolhouse The historic Sydenstricker Schoolhouse is one of the top historic sites and points of interest in Virginia, and […]
Inheriting Property? You Have Three Options
Do you think you might be inheriting property? Dealing with inherited real estate can be both financially and emotionally challenging, but also exciting! Whether it’s a blessing or a burden there are some options for what to do when inheriting property. Put simply, you have three real options: move in, sell, or rent. Which of […]
