Nova Real Estate with Leyden

Name: Nova Real Estate with Leyden
Address: 11890 Sunrise Valley Drive, Reston, VA, 20191, US
Telephone: +12027503950

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Nova Real Estate with Leyden

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Nova Real Estate with Leyden, Real Estate, 11890 Sunrise Valley Drive, Reston, VA.

04/19/2024

It was another rough week for would-be-buyers, with 30-yr mortgage rates approaching 7.5% in response to hotter retail sales data and comments from Fed Chair Powell. Despite this, the spring buying & selling season is definitely here, with rising competition levels and faster sales. Looking to take some profits or make a move? Let's talk!

04/12/2024

It was a rough week for would-be buyers, as two of the most important economic datapoints (BLS jobs report & CPI inflation) both came in hotter than expected, helping to propel mortgage rates back near 7.4%. There was some good news however: the number of homes for sale nationwide is up 24%! Hope you enjoy my latest national and local real estate update!

04/06/2024

Will stubbornly high mortgage rates hurt the spring selling season for the second-straight year? The latest new and existing home sales data suggest that buyers are taking advantage of increased inventory - and in some markets, lower prices - to act on purchases that they may have deferred for several years. I'd love to update you on the supply & demand situation locally. Let's talk!

03/29/2024

Momentum is clearly picking up. In the last week, we've seen much stronger-than-expected existing home sales (4.4 million units SAAR) for February 2024. Lower 30-yr mortgage rates (

03/15/2024

With home prices continuing to move higher, home equity levels had another nice move in 2023. Looking to lock-in profits or downsize? Or just trying to figure out how to afford your first home? Let's talk.

02/09/2024

While it's disappointing to see average mortgage rates back near 7%, the rate cuts will come eventually, and the increase in the national inventory of homes available for sale is encouraging. PSA: If you're thinking about buying a home in the next 1-2 years, make sure you're on top of your credit score now!

02/02/2024

The Fed kept rates on hold (again). But with "core" PCE inflation approaching their 2% target, rate cuts are not a question of if, but when. If you're looking to make a move this year, be aware that there could be a rush of previously sidelined buyers if mortgage rates drop significantly.

01/26/2024

In 2023, existing home sales fell 19% compared to 2022, while new home sales rose 4%. It was a rough year for affordability (home prices kept rising) and availability (inventory remained low) but 2024 could see an improvement in both - particularly in regions where new home construction ramped-up.

01/19/2024

With the spring/summer selling season just around the corner, there are many reasons to be optimistic. Mortgage rates have already dropped, the Fed is likely to start cutting short-term rates in the next few months, and even home inventory is starting to improve. I'd love to chat about your real estate plans for 2024!

01/12/2024

2023 was a challenging year, but 2024 is already looking better for buyers AND sellers. Mortgage rates have dropped, and the Fed could begin cutting short-term interest rates in the next few months. Thank you very much for your trust over the last year. As your housing plans for 2024 develop, please keep me in mind. I'd love to help!

12/15/2023

Really important news this week! The Fed kept rates on hold, but more importantly, Fed members are now expecting rate cuts of between 0.5% and 1.0% next year. The markets were overjoyed, with 10-yr treasury yields moving below 4% and average 30-yr mortgage rates dropping to 6.6%. That's down almost 1.5% in just two months!

Address

11890 Sunrise Valley Drive
Reston, VA
20191

Telephone

+12027503950

Website

http://www.leydencampos.com/

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