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KIM KRONER | Kim Kroner's Home & Lifestyle | | Kim Kroner REALTOR® NVAR Multi-Million Dollar Club |

09/21/2024

Kim Kroner Real Estate

Lower Mortgage Rates Boost Your Buying Power

As rates drop, your monthly payment on your next home will too. Let’s connect to talk about how today’s rates boost your purchasing power.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Lower Mortgage Rates Boost Your Buying PowerMortgage rates are trending down and that’s great new...
09/20/2024

Kim Kroner Real Estate

Lower Mortgage Rates Boost Your Buying Power

Mortgage rates are trending down and that’s great news for your bottom line. As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power. If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down.



Keeping Current Matters with Kim Kroner Realtor

Mortgage rates are trending down and that’s great news for your bottom line.

Kim Kroner Real Estate Falling Mortgage Rates Are Bringing Buyers BackIf you’ve been hesitant to list your house because...
09/19/2024

Kim Kroner Real Estate

Falling Mortgage Rates Are Bringing Buyers Back

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.

After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday the Federal Reserve cut the Federal Funds Rate for the first time since they began raising that rate in March 2022. And while they don’t control mortgage rates, this sets the stage for mortgage rates to fall even further than they already have – especially since more cuts from the Fed are expected into next year. And lower mortgage rates are bringing more buyers back into the market. Lisa Sturtevant, Chief Economist at Bright MLS, says: “A drop in the cost of borrowing will help fuel more homebuyer...



Keeping Current Matters with Kim Kroner Realtor

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.

Kim Kroner Real Estate Planning to buy a home? Make sure you’re budgeting not just your down payment, but for your closi...
09/18/2024

Kim Kroner Real Estate

Planning to buy a home? Make sure you’re budgeting not just your down payment, but for your closing costs too.

And if you want to try to cut down on those a bit, try these tips. Negotiate with the seller for concessions, shop around for more affordable home insurance, and look into closing cost assistance programs. DM me for more homebuying tips.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Mortgage rates have hit their lowest level since February 2023 – and that’s big news.So if you’ve...
09/17/2024

Kim Kroner Real Estate

Mortgage rates have hit their lowest level since February 2023 – and that’s big news.

So if you’ve been sitting on the homebuying sidelines waiting for this to happen, it’s time to talk about making your move. Because the monthly savings is going to be a game changer for your purchasing power.

DM me and I’ll show you how the recent decline may help you get a better monthly payment than you’d expect.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate September 29 – October 5 is the best week to buy a home this year, according to a study from Real...
09/16/2024

Kim Kroner Real Estate

September 29 – October 5 is the best week to buy a home this year, according to a study from Realtor.com.

And with mortgage rates coming down like they have recently, that makes this sweet spot even hotter.

So, if you’re looking to make a move, DM me so we can make sure you’re ready to go.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Checklist for Getting Your House Ready To SellGetting your house ready to sell? Here’s a few tips...
09/15/2024

Kim Kroner Real Estate

Checklist for Getting Your House Ready To Sell

Getting your house ready to sell? Here’s a few tips on what you may want to do to prepare. Focus on making it inviting, showing it’s cared for, and boosting your curb appeal. If you want specific advice to help your house stand out in our local market, let’s connect.



Keeping Current Matters with Kim Kroner Realtor

Getting your house ready to sell? Here are a few tips on what you may want to do to prepare.

Kim Kroner Real Estate The Real Story Behind What’s Happening with Home PricesIf you’re wondering what’s going on with h...
09/14/2024

Kim Kroner Real Estate

The Real Story Behind What’s Happening with Home Prices

If you’re wondering what’s going on with home prices lately, you’re definitely not the only one. With so much information out there, it can be hard to figure out your next move.

Home Price Growth Is Slowing, but Prices Aren’t Falling Nationally

Throughout the country, home price appreciation is moderating. What that means is, prices are still going up, but they're not rising as quickly as they were in recent years.

What’s Next for Home Prices? It’s All About Supply and Demand

Nationally, the number of homes for sale is going up, but there still aren’t enough of them to meet today’s buyer demand. That’s keeping upward pressure on prices – even though recent inventory growth has caused that home price appreciation to slow. Danielle Hale, Chief Economist at Realtor.com, said, “. . . today’s...



Keeping Current Matters with Kim Kroner Realtor

If you’re wondering what’s going on with home prices lately, you’re definitely not the only one.

09/13/2024

Kim Kroner Real Estate

How To Get Your House Ready To Sell

Thinking about making a move? Here are a few general tips on how to get your house ready. You want to focus on things that’ll make it inviting, show it’s cared for, and boost your curb appeal. If you want specific advice to help your house stand out in our local market, let’s connect.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate What To Know About Closing CostsNow that you’ve decided to buy a home and are ready to make it ha...
09/12/2024

Kim Kroner Real Estate

What To Know About Closing Costs

Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your mind, don't forget about closing costs. Here’s what you need to know.

What Are Closing Costs?

Simply put, your closing costs are the additional fees and payments you have to make at closing. Some of these are one-time expenses that are baked into your closing costs. Others, like homeowners’ insurance, are initial installment payments for ongoing responsibilities you’ll have once you take possession of the home.

How Much Are Closing Costs?

Freddie Mac says: “Closing costs vary greatly depending on your location and the price of your home. Typically, you should be prepared to pay...



Keeping Current Matters with Kim Kroner Realtor

Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process.

Kim Kroner Real Estate Wondering what’s really happening with home prices? This visual should help. Data shows home pric...
09/11/2024

Kim Kroner Real Estate

Wondering what’s really happening with home prices? This visual should help.

Data shows home price appreciation is moderating nationally. That means prices are still rising, just not as fast. And if you compare the numbers for last year to 2024, you can see it.

But that’s just the national picture. If you want to know what prices are doing in our area, DM me.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate How long have you lived in your house? Because if it’s been a while, chances are you have a whole...
09/10/2024

Kim Kroner Real Estate

How long have you lived in your house? Because if it’s been a while, chances are you have a whole lot of equity built up.

In the last 5 years, home values have gone up by almost 60%. And in 30 years, they’ve more than tripled.

When you sell, you can use the equity that gives you to your advantage. Want to find out more? DM me.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Early Forecasts for the 2025 Housing Market InfographicThinking about making a move in 2025 and w...
09/09/2024

Kim Kroner Real Estate

Early Forecasts for the 2025 Housing Market Infographic

Thinking about making a move in 2025 and wondering what you can expect? Here’s what expert forecasts say lies ahead. Mortgage rates will come down slightly. More homes will sell. And prices will rise more moderately. Let’s connect to go over what these forecasts mean for your move and what to expect from our local market in 2025.



Keeping Current Matters with Kim Kroner Realtor

Thinking about making a move in 2025 and wondering what you can expect? Here’s what expert forecasts say lies ahead.

Kim Kroner Real Estate The Latest on the Luxury Home MarketLuxury living is about more than just stunning views and cutt...
09/08/2024

Kim Kroner Real Estate

The Latest on the Luxury Home Market

Luxury living is about more than just stunning views and cutting-edge smart home technology—it's about elevating your lifestyle. And if you're in the market for a million-dollar home, now is an excellent time to explore the thriving luxury market. Here's why.

The Number of Luxury Homes Is Growing

The top of the market, or luxury homes, can mean different things depending on where you live. But in general, these are homes that are in the top 5% price range in any area. According to a recent report from Redfin, the average value of those homes has risen to over one million dollars: “The median sale price for U.S. luxury homes, defined as the top 5% of listings, rose 9% year-over-year to a record $1.18 million during the second quarter.”

That same report goes on to show the percentage of homes valued at a million...



Keeping Current Matters with Kim Kroner Realtor

Luxury living is about more than just stunning views and cutting-edge smart home technology—it's about elevating your lifestyle.

09/07/2024

Kim Kroner Real Estate

Early Housing Market Forecasts for 2025

Thinking about moving in 2025? Here’s what experts say you can expect. Mortgage rates are projected to come down. More homes are expected to sell. And prices are forecast to go up. Let's connect to talk about what this means for your plans to move.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Most experts project the Fed will start cutting the Federal Funds Rate this month. And while the ...
09/06/2024

Kim Kroner Real Estate

Most experts project the Fed will start cutting the Federal Funds Rate this month.

And while the Fed doesn’t control mortgage rates, a Federal Funds Rate cut can have an impact. It should help keep the downward mortgage rate momentum going, especially if inflation and the economy continues to cool.

If you want to talk more about what that means for you, DM me.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Could a 55+ Community Be Right for You?If you’re thinking about downsizing, you may be hearing ab...
09/05/2024

Kim Kroner Real Estate

Could a 55+ Community Be Right for You?

If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you. Here’s some information that could help you make your decision.

What Is a 55+ Community?

It’s important to note that these communities aren’t just for people who need extra support – they can be pretty vibrant, too. Many people who are downsizing opt for this type of home because they’re looking to be surrounded by people in a similar season of life. U.S. News explains: “The terms ‘55-plus community,’ ‘active adult community,’ ‘lifestyle communities’ and ‘planned communities’ refer to a setting that caters to the needs and preferences of adults over the age of 55. These communities are designed for seniors who are able to care for themselves but may be looking to downsize to a community...



Keeping Current Matters with Kim Kroner Realtor

If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you.

Kim Kroner Real Estate How the Federal Reserve’s Next Move Could Impact the Housing MarketNow that it’s September, all e...
09/04/2024

Kim Kroner Real Estate

How the Federal Reserve’s Next Move Could Impact the Housing Market

Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down.

Why a Federal Funds Rate Cut Matters

The Federal Funds Rate is one of the key factors that influences mortgage rates – things like the economy, geopolitical uncertainty, and more also have an impact.

When the Fed cuts the Federal Funds Rate, it signals what’s happening in the broader economy, and mortgage rates tend to respond.

As Mike Fratantoni, Chief Economist at the Mortgage Bankers Association (MBA), points out: “Once the Fed kicks off a rate-cutting cycle, we do expect that mortgage rates will move somewhat...



Keeping Current Matters with Kim Kroner Realtor

Now that it’s September, all eyes are on the Federal Reserve (the Fed).

Kim Kroner Real Estate Should You Sell Now? The Lifestyle Factors That Could Tip the ScaleAre you on the fence about whe...
09/03/2024

Kim Kroner Real Estate

Should You Sell Now? The Lifestyle Factors That Could Tip the Scale

Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later.

An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes.

If you, like the homeowners in this report, find yourself needing features, space, or amenities your current home just can’t provide, it may be time to consider talking to a real estate agent about selling your house. Your needs matter. That agent will walk you through your...



Keeping Current Matters with Kim Kroner Realtor

Are you on the fence about whether to sell your house now or hold off?

Kim Kroner Real Estate What's the Impact of Presidential Elections on the Housing Market?If you’ve been considering buyi...
09/02/2024

Kim Kroner Real Estate

What's the Impact of Presidential Elections on the Housing Market?

If you’ve been considering buying or selling a home this year, you’re probably curious about what the election might mean for the housing market – and if it’s still a good time to make your move.

Home Sales

In the month leading up to a Presidential election, from October to November, there’s typically a slight slowdown in home sales.

Some consumers will simply wait it out before they make their purchase decision. However, it’s important to know this slowdown is small and temporary.
Historically, home sales bounce right back and continue to rise the following year.

Home Prices

You may also be wondering about home prices. Do prices come down during election years? Not typically.

Home prices generally rise over time, regardless of an election cycle. So, based on what history shows...



Keeping Current Matters with Kim Kroner Realtor

It’s no surprise that the upcoming Presidential election might have you speculating about what’s ahead.

Kim Kroner Real Estate As inventory grows, the market is starting to balance out a bit. But don’t worry – this isn’t clo...
09/01/2024

Kim Kroner Real Estate

As inventory grows, the market is starting to balance out a bit. But don’t worry – this isn’t close to an oversupply that would cause a crash.
It just means buyers are regaining negotiation power as their options grow. And sellers need to price their house right and may want to consider some repairs to help it stand out.
Let’s connect to talk more about how this impacts you.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Want to know the top mistakes today’s homeowners are making when they sell? Here they are:-Pricin...
08/31/2024

Kim Kroner Real Estate

Want to know the top mistakes today’s homeowners are making when they sell? Here they are:

-Pricing your house too high
-Skipping necessary repairs
-Not being objective
-Not being willing to negotiate

DM me if you want to talk more about how an agent can help you avoid costly missteps like these.



Keeping Current Matters with Kim Kroner Realtor

08/30/2024

Kim Kroner Real Estate

How To Avoid These Top Seller Mistakes

Want to avoid making some of the top seller mistakes? The key is working with a real estate agent so you don’t overprice your house or skip necessary repairs. Let’s connect so you can avoid making these costly mistakes.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Are We Heading into a Balanced Market?If you’ve been keeping an eye on the housing market over th...
08/29/2024

Kim Kroner Real Estate

Are We Heading into a Balanced Market?

If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know.

What Is a Balanced Market?

A balanced market is generally defined as a market with about a five-to-seven-month supply of homes available for sale. In this type of market, neither buyers nor sellers have a clear advantage. Prices tend to stabilize, and there’s a healthier number of homes to choose from. And after many years when sellers had all the leverage, a more balanced market would be a welcome sight for people looking to move. The question is – is that really where the market is headed?

For now, this is still seller’s market territory – it’s just not as frenzied of a seller’s...



Keeping Current Matters with Kim Kroner Realtor

If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand.

Kim Kroner Real Estate 2025 Housing Market Forecasts: What To ExpectLooking ahead to 2025, it's important to know what e...
08/28/2024

Kim Kroner Real Estate

2025 Housing Market Forecasts: What To Expect

Looking ahead to 2025, it's important to know what experts are projecting for the housing market.

Mortgage Rates Are Projected To Come Down Slightly

Mortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae, the Mortgage Bankers Association (MBA), the National Association of Realtors (NAR), and Wells Fargo show an expected gradual decline in mortgage rates over the course of the next year.

And many experts believe these signs will encourage the Federal Reserve to lower the Federal Funds Rate, which tends to lead to lower mortgage rates.

Expect More Homes To Sell

The market will see an increase in both the supply of available homes on the market, as well as a rise in demand, as more buyers and sellers who have been sitting on the sidelines because of higher...



Keeping Current Matters with Kim Kroner Realtor

Looking ahead to 2025, it's important to know what experts are projecting for the housing market.

Kim Kroner Real Estate There’s some misinformation out there and it’s time to set the record straight. If you think home...
08/27/2024

Kim Kroner Real Estate

There’s some misinformation out there and it’s time to set the record straight.

If you think home prices are going to crash, you should know the national data doesn’t support that theory. There just aren’t enough homes on the market today.

What else have you heard about the housing market that you’re worried about? Drop a comment below and let’s have a conversation.



Keeping Current Matters with Kim Kroner Realtor

Kim Kroner Real Estate Today’s Biggest Housing Market MythsHave you ever heard the phrase: don’t believe everything you ...
08/26/2024

Kim Kroner Real Estate

Today’s Biggest Housing Market Myths

Have you ever heard the phrase: don’t believe everything you hear? There’s a lot of misinformation out there. And right now, making sure you have someone you can go to for trustworthy information is extra important.

1. I’ll Get a Better Deal Once Prices Crash

If you’ve heard home prices are going to come crashing down, it’s time to look at what’s actually happening. While prices vary by local market, there’s a lot of data out there from numerous sources that shows a crash is not going to happen. So, if you think waiting will score you a deal, know that data shows there’s not a crash on the horizon, and waiting isn’t going to pay off the way you’d hoped.

2. I Won’t Be Able To Find Anything To Buy

If this nagging fear about finding the right home if you move is still holding you back, you probably haven’t...



Keeping Current Matters with Kim Kroner Realtor

Have you ever heard the phrase: don’t believe everything you hear?

Kim Kroner Real Estate Did you know? The supply of homes for sale has grown significantly this year. Here’s what that gr...
08/25/2024

Kim Kroner Real Estate

Did you know? The supply of homes for sale has grown significantly this year.
Here’s what that growth means:
More options for your move
More negotiation power for you
More likely sellers will make some repairs
More moderate price growth
DM me if you want to talk more about how this benefits you when you buy a home.



Keeping Current Matters with Kim Kroner Realtor

08/24/2024

Kim Kroner Real Estate

How Growing Inventory Benefits Today's Buyers

Inventory is growing and that means more options for your search, more negotiation power for you, it’s more likely sellers will make select repairs, and more moderate price growth. If you want to talk more about rising inventory means for you, let’s connect.



Keeping Current Matters with Kim Kroner Realtor

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KIM KRONER | Keller Williams Realty | (703) 946-2526 | (703) 669-0099 |

| #RealEstate | Kim Kroner REALTOR® NVAR Multi-Million Dollar Club | #Loudoun #Fairfax #NoVa #housing #realtor#Arlington

THE REAL ESTATE MARKET IS EVER CHANGING,Fast MOVING, trends change on daily basis. Whether your a Buyer or a Seller you need someone who is up to date on market conditions. In the current climate of rapidly changing Real Estate landscape and low inventory in Northern Virginia and Suburban Maryland you need to be with a pro that knows how to get through the maze.

Welcome to your one-stop source for real estate services covering Arlington, Alexandria, Fairfax, Prince William, Stafford, Clarke and Loudoun Counties in Virginia.

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