Buying a piece of real estate is part of the American Dream. But, all too often the process of buying a home becomes confusing when would-be homebuyers are blindsided with unexpected intricacies that aren’t shown on an HGTV show. Because I want to see new buyers get the very best value for their money, here my essential steps for preparing to buy your first home.
Know How Much You Can Afford
An obvious first step. But did you know that most first-time homebuyers get stuck at this stage in the process and never make it out? It is perhaps due to the fear of inquiry. Knowing how much you’re worth may lead you to feel self-conscious or depressed because you may not have enough to buy the
What I love most about Teal for Good is the amount of excitement I see from friends and coworkers who take the extra time to give back to the community. This was exemplified earlier this week when a long-time friend came to the Fredericksburg office and graciously agreed to donate 25% of the sales from her small business to our local charity, Rebuilding Together.
For as long as I’ve known Adrienne Bergquist, she’s been a fashionista with an eye for making the most out of professional attire and an expert on using her fashion skills to make the best first impressions. So naturally when the Teal for Good initiative began its fundraising efforts through the sale of teal scarves,
Ever since their son was in his late teens, Becky and John* noticed something wasn't quite right. He was having behavioral issues and outbursts and they couldn’t place their finger on the problem. After many years, thousands of dollars spent, and more doctors’ visits than they could count, they finally received the news that their son, now in his mid twenties, had Schizophrenia. With this disease, the risk of homelessness for their son increases dramatically. Fortunately, there are organizations dedicated to preventing this from happening. One such organization, The Brain Foundation, is located right here in Centreville. And if it wasn’t for the Teal for Good charity they never would
As a native Washingtonian, I pride myself on being knowledgeable when it comes to local cuisine, shortcuts, public transportation routes, and (most importantly) neighborhood characteristics. All neighborhoods, from the gentrifying and up-and-coming to the downtrodden, are all stored in my memory banks and have a couple decades of history behind them for good measure. This knowledge helps me get around the city and gives me a much better perspective on where home ownership is most desired. Certain neighborhoods require a lot of cash to lay down roots. There are many reasons for this that I won't go into, but the simple fact that Foxhall and Georgetown require much more capital than the H St. Corridor
You won't come across a single motorist who will sing the praises of a toll road. However, in Montgomery County, somewhere between the screeching tires of the beltway and the bucolic pastures of what many in the DC area call " out there in the country", there is an expanse of road that will silently earn the respect of homeowners tired of expensive home prices inflated by Capitol Hill politicians and government analysts.
Not many people realize how large Silver Spring truly is. Traditionalists will say that the city starts right after crossing the DC/MD border and ends well before Wheaton and Kemp Mill to the north. However, those who have laid down roots closer to Aspen Hill know very well
The Silver Line makes its debut this year, which has many potential homeowners asking what this means for home prices in the neighborhoods affected by the much-talked-about public transit expansion. We know what you’re thinking and you’re right on the money!
If you play your cards right you could be sitting on a cash cow that brings with it increasing property values, an easier commute, more local businesses, walkable town centers, and substantial changes in the outlook of a various communities (think schools for example).
Phase 1 of the Silver Line lies right along the Tysons Corner Corridor, home to the largest shopping mall in the DC Metro area and in the entire state of Virginia.
“There is no love sincerer than the love of food.” – George Bernard Shaw, Man and Superman. Being a foodie in DC can be quite an expensive hobby! For all of us that love that chance to try all of the latest restaurants that are friends are buzzing about, Restaurant Week is that time when we can do it without the guilt.
Beginning Monday, January 13 through Sunday, January 19, over 230 of Washington, DC’s finest restaurants will be offering 3-course lunches for $20.14, and 3-course dinners for $35.14. A showcase of Washington, DC’s finest culinary talents, Metropolitan Washington Restaurant Week is a great opportunity to experience the District’s best restaurants at
Are we edging closer to a “Normal Market? Not really, we are still in the “Seller Zone”!
Look at the chart below - prices are still rising in Lorton with the average sold price up 20% over Dec. 2013. Prices will continue to climb at a steady rate as long as interest rates and inventory remain low. In the third quarter of 2013 there was an increase in new listings coming on the market but sold prices did not reduce. Why, you ask? Because inventory is still historically low. There are 9,758 homes in Gainesville and only 87 are actively looking for a buyer. That’s less than .01% of homes in active status, very low inventory indeed!
Is there any good news for buyers - absolutely! The
There is so much to do in Frederick that it is hard to know where to begin.
Civil war battlefields, parks, museums, wineries, zoos, minor league ballgames, historic sites, antique shops, farm markets and more. Visit old town Frederick and experience a day of shopping, browsing and eating. The unique shops offer merchandise not found in the malls and big name stores and the wonderful eating establishments rival any 5 star restaurants. In fact, the restaurant Volt is a 5 star restaurant written up in many magazines as a top rated place to dine with a Top Chef runner-up at the helm.
Spend a Saturday at one of the wineries in the area and you might just find that special wine you have always
Just think! The sold dollar volume has gone up 16.91% from a short year ago. All indications say our housing market continues to increase while days on market decrease. With interest rates hovering around 4.5% , it's a great day to be buying a home. If you've been listening to the recent news commentaries about our housing market, you've heard we are out of the recession, interest rates WILL rise next year and housing prices will continue to rise as well.
So…if interest rates are low and home prices are at their lowest price this year, why not take advantage of the market today? It's not too late to buy yourself a home for Christmas! Call us.