The current real estate market is very competitive in Northern Virginia. Multiple offers and waived contingencies are the norm for updated homes in popular locations. Having your offer accepted is only half the battle however. After your offer is finally accepted, there are a multitude of dates. steps and contingencies to keep track of to […]
Back in 2015 I wrote an article titled “Pimmit Hills 2015 – “Should I Stay or Should I Go!.” The article spoke of the changes taking place in the neighborhood with old small homes being demolished to make space for larger new ones. While progress in inevitable, the modern homes bring with them different demographics with […]
When investing in residential real estate there are many things that make up the overall benefit of the investment. Cashflow, value appreciation, tax depreciation and tax deductibility are a few that comes to mind. Another important element is leverage. How much or your capital is tied up in the investment and what is your monthly […]
While this summer has seen the regular stampede of people seeking out the beaches of Delaware, Maryland, Virginia and Outer Banks, the COVID epidemic has changed the landscape quite a bit. The inability to go on a regular vacation, working from home and remote learning for school all changed peoples priorities and presented new opportunities […]
The real estate market in Northern Virginia has remained open for business throughout the COVID crisis. Will sales slowed significantly in April, May and June it is back to business as usual in July. The overall listing volume for the year is down – but the number of listings increased significantly in June and July […]
As opposed to other regions the real estate market in Northern Virginia has remained open for business through the COVID crisis. We all take precautions and do things differently and homes do still get listed for sale and buyers are still looking for and buying them. The record low interest rate has also created a […]
In the Northern Virginia area (like Fairfax County, Loudoun County etc) the most common inspection when buying a home would be a general Home Inspection. As some areas in the Northern Virginia region has high levels of Radon, radon testing is also done regularly (particularly in homes with basements.) A general Home Inspection is a […]
With the Silver Line metro line phase 1 long completed and phase 2 on the way many communities are now metro-walkable for the first time. Apart from being able to park your car at home there are also other great new areas amenities like new grocery stores, retail and restaurants. While there are some new […]
The 2020 spring is here and Tysons Corner Virginia would normally be filled with excited buyers, hopeful sellers and busy real estate agents. Instead, we have home buyers and sellers worried about getting infected and lenders having to deny loans for furloughed or out-of-work applicants. All is not lost. Homes are still being listed, […]
If you are getting ready to buy in spring 2020 you are not alone. Spring is the hottest season of the year for homebuyers and sellers alike. To get ready to go when that perfect home is listed you need to start preparing now. You should start by thinking about these 4 things: What areas and […]