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 […]
Buying a New Home
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 Host a Pandemic Housewarming: 4 Options
The housing market is booming! With so many houses flying off the market, this means more families all over the country are moving and trying to figure out how to host a pandemic housewarming party. And we all know that one of the best parts of a move is throwing your first housewarming party to […]
What Does Pending Mean?
So you found a home online that you love, but the status says ‘Pending.’ What does that mean exactly? Could the home still be yours? Or maybe you’re the one selling a home and you’ve gotten to this stage. Can you rest easy knowing it’s a done deal? The home buying and selling process can […]
How Gen Z Feels About Real Estate
There are some huge differences between generations, and we don’t just mean side parts and skinny jeans. Boomers, Millennials, and Gen Z all have different aspirations when it comes to housing and owning real estate. Understanding how Gen Z feels about real estate isn’t always easy. While baby boomers are often downsizing from their larger family […]
Should A House Be a Couple’s First Major Purchase?
Whether just married or planning a life together after an engagement, couples often dream of a house as their first major purchase. This may be a first-time experience for one or both of them — and it is also likely one of the most expensive purchases they will ever make. Just as in any other […]
Where Should You Buy a House in Fairfax County?
Fairfax County is a very popular area to call home. Whether you’re a first-time homebuyer or you’re relocating to Fairfax County from another city or state, finding the right community makes a difference. There are many places to buy a house in Fairfax County. There are several very popular neighborhoods and nearby communities to consider. […]
Buying a Second Home: What You Should Know
With interest rates at record lows, many believe it is the best time for buying a second home — or a first one. Owning a second home can provide retirees, or even younger families, a mountain retreat, a house at the beach, or even a near-city getaway for family vacations or quick weekend excursions. However, […]