Supply and Demand are two very important factors affecting the housing market. Interest rates are also a determining factor in the housing market, especially relevant in pricing homes for sale. For the first time in 8 years, the federal government has chosen to raise the bar on interest rates not once but twice. Interest rates are still historically low, yet every fractional percentage rise will increase the monthly payment on a home. Now is the time to buy your dream home!
Here is an interesting link to an article on interest rates and inflation by the Kiplinger Tax Letter. Please skip the ad and continue on to the article.
If you are thinking of buying and/or selling a home, call me today for a free consultation.
If you are like most homeowners today, you have a running punch list of "to do" maintenance items for your home. While it is nice to DIY projects to save money, it is best to leave some tasks to the professionals. HERE is a list of 5 Projects that should be done by a professional.
If you would like to buy or sell a home, call me today. Thank you for stopping by,
Phase Two of the Dulles Rail Metro Project is underway. This Phase concentrates on the stretch from Reston to Ashburn. Real all about the progress here. Simply click on the link for the April newsletter to find the latest and greatest information.
The two pictures above were taken early on in Phase 1 of the Dulles metro rail project.
If you would like to buy or sell a home, call me today. I am here to help and make the process enjoyable.
If you are planning on selling your home in the near future, it is a good idea to know (in advance) what the costs will be at the settlement table. Don't be afraid to ask your realtor to provide an estimate of closing costs.
Ris Media has posted an article today on the Hidden Costs of selling a home. Click on the link to read about the costs and also be aware that each area of the country has its own costs and fees that may be in addition to the ones listed in the article.
Call me today if you would like to buy or sell a home, I am here to help.
Previously, the Northern Virginia real estate market was a function of the federal government job market. Over time, however, the federal government jobs will play less of a role in the supply and demand of the real estate market in Northern Virginia.
The primary reason Northern Virginia is attracting a multitude of new job opportunities is the Dulles Rail Metro Project. Businesses have the confidence to locate to areas with metro service since it adds to the quality of life of their employees. Please click on the link to read about the construction progress and view the wonderful photos.
Call me today for more information on the Northern Virginia Real Estate Market. I am here to help!