Real Estate for Life

This week, we answered questions we've been getting from clients about interest rates and recession. Will the Federal Reserve Chairman Jerome Powell stay or go? He has been getting pressure to further lower the federal funds rate and bring mortgage interest rates down. The second question is whether job losses in the federal government, unemployment, and stock market trouble mean we are heading fo...

Keeping a close eye on the news, we share the real estate market update for Northern Virginia. We review the housing date from the end of March, discuss current events and let you know what we think is yet to come.

One day the stock market is up; the next day down. Here's our perspective of what's happening at this time and our best advice for you.

In spite interest rates not going down, home sellers are still selling their homes. Here are 6 reasons why.

In this week's episode, we review the latest housing statistics and give you the "agent on the street" perspective. This is all things real estate in Northern Virginia. Find Us: https://www.homeestaterealty.com

It's Tax Season and we wanted to share some general guidelines of the 1031 Exchange. There is a lot of power when used by real estate investors.

Here's a tour around Lake Frederick. Want the video version? https://www.youtube.com/watch?v=i8csXT3jLhk&t

A client made the mistake of asking us what we thought about open houses and boy, that opened up a whole kind of worms. Today, it's all about open houses - why visit open houses, what to expect, and how to find the right ones.

The Federal Reserve announced they are keeping the federal funds rate between 4.25% and 4.5% in January 2025. This means that interest rates will likely continue to be in the the 6.5 - 7% range for the foreseeable future. Here's what this all means if you are thinking of buying or selling a home soon.

As more and more homes are coming on the market, home sellers need to be ready and consider this wintery weather we're having. Here's some tips to help you get the best possible price in the least possible time.

Here's how we've started 2025 vs. 2024. We looked at homes for sale, days on market, mortgage interest rates, ten-year treasury yields, and job growth as major indicators. We looked at 2024 and used to compare what 2025 might look like.

he Federal Reserve announced they are lowering the federal funds rate another 0.25% bringing the new rate between 4.25% - 4.5%. This helps give us an idea what to expect in the housing market in 2025. Here are our 2025 housing predictions

This month, the Northern Virginia real estate market is reminding us of a roller coaster ride. One month home prices are down; the next they are up. It also seems to be closer to pre-pandemic activity and a more balanced market. At the end of last month, sale prices were up 1.5% from the previous month and up over 6% from last year. It’s taking longer for homes for sale to go under contract and bu...

Home sellers are beginning to get offers they're not happy with. Some are underpriced; some include a home inspection; and some are contingent on a buyer's home sale. Our advice? Don't turn this offers away. Consider negotiations.

Wishing everyone a safe and happy Thanksgiving. We appreciate YOU!

It's been about 3 months since new rules were established nationally for all real estate agents and transactions. One of the objectives was to ensure that all home sellers knew that they were not obligated to pay a buyer agent's compensation and that buyers were responsible to ensure their real estate agents received compensation. In this video, we share some statistics released by RISMedia that s...

Depending on who is doing the valuation and for what purpose determines whether you need an assessment, appraisal, and market analysis. We want our clients to be the "most informed and empowered" to success in real estate.

The 2024 Presidential Elections are just days away. As the excitement gets ramped up, we've been getting questions from our real estate clients. They want to know how these coming days/weeks will affect their plans to sell or buy a home. In this video, we share our views.

Homeownership helps individuals build wealth, health, and prosperity.

There are so many factors that go into making the housing market for Northern Virginia. While the area is insulated by a strong job market, good infrastructure and medicinal and education services, there are also other factors at play. The fall season and upcoming presidential elections also play a role. Here is the Northern Virginia Market Update for October 2024.

When exploring opportunities in real estate, it’s essential to approach the home-buying process with careful planning and clarity. It may be you are a first-time buyer, or you’re looking to upgrade, or you are an investor. Regardless, understanding how much home you can afford, identifying your specific needs, and being open to various locations are key steps in making a smart decision. With the r...

The Federal Reserve decided to lower the federal funds rate by 0.5%. How will the rate cut affect housing in our areas? We wanted to know what changes we are already seeing after one week and what we might expect in the coming months. This includes mortgage interest rates, inventory, and number of buyers looking to buy homes.

MARKET UPDATE | SEPTEMBER 2024 | NORTHERN VIRGINIA ➡️➡️➡️➡️➡️ The current real estate market in Northern Virginia is exciting. Mortgage rates are coming down. Today, the Federal Reserve announced they will lower the federal funds rate by half a percent. This will allow rates to go even lower than today's rate of 5.7%. This is great news for anyone thinking of buying a home or refinancing their mor...

UNREPRESENTED BUYER | DUAL AGENCY | NORTHERN VIRGINIA ➡️➡️➡️➡️➡️ We caution buyers who try to purchase a home without a real estate agent. When buyers approach the Listing Agent of a home for sale, they may be asked whether they want to be an "Unrepresented Buyer" or enter into a "Dual Agency" agreement with the Listing Agent. Here is our CAUTION to you.

The new rules for all real estate agents went into effect August 17, 2024. Changes affected home buyers and home sellers. In this video, we discuss the changes affecting home sellers and what they think about paying for a buyer agent's commission.