Realtor serving Loudoun, Fairfax and surrounding areas with Keller Williams Realty Dulles
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Reasons To Move in Today’s Shifting Market
You have 3 key opportunities if you’re looking to move this fall. Inventory is growing, homebuilders are motivated to sell, and mortgage rates have come down from their recent peak. Let’s connect if you want more information.
DM or call me!
The housing market is in a transition. And that gives you 3 key opportunities going into the fall.
Good news for all the buyers out there.
The supply of homes for sale has grown significantly this year. There are 36.6% more homes actively for sale compared to 2023. This means more options for you.
But this doesn’t mean we have an oversupply. Inventory is still almost 29% lower compared to more normal years like 2017-2019.
DM or call me!
When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle.
The Great Wealth Transfer: A New Era of Opportunity
In recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer.
Basically, as more Baby Boomers retire, sell businesses, or downsize their homes, more substantial assets are being passed down to younger generations. And this creates a powerful ripple effect that’ll continue over the next few decades.
Impact on the Housing Market
One of the most immediate effects of this wealth transfer is on the housing market. Home affordability has been a concern for many aspiring buyers, especially in high-demand areas. The increase in generational wealth is expected to ease some of these challenges by providing future homeowners with greater financial resources. As assets are passed down through generations, buyers may find themselves in a better position to afford homes.
Impact on the Economy
But the Great Wealth...
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In recent years, there’s been a significant shift in how wealth is distributed among generations.
In recent years, there’s been a significant shift in how wealth is distributed among generations.
Helpful Negotiation Tactics for Today’s Housing Market
If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they’re willing to negotiate.
Whether you’re looking to buy or sell a house, here’s a quick rundown of potential negotiations that may pop up during your transaction. That way, you’re prepared no matter which side of the deal you’re on.
What Can You Negotiate?
Most things in a home purchase are on the negotiation table. Here’s a list of just a few of those options, according to Kiplinger and LendingTree:
• Sale Price
• Home Repairs
• Fixtures
• Closing Costs
• Home Warranties
• Closing Date
One thing is true whether you’re a buyer or a seller, and that’s how much your agent can help you throughout the...
DM or call me!
If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market.
Over the past couple of years, a lot of people have had a hard time buying a home.
Home Inspections for Sellers: How To Prepare
Wondering how to get your house ready for the inspection? You may want to do some select repairs before listing to get ahead. To decide what's worth tackling, you need expert advice. Let's chat so you know what to prioritize.
DM or call me!
One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year.
Getting ready to sell your house? Here’s the scoop on home inspections and how to prep for them.
As more homes hit the market, buyers are regaining some negotiating power. That means it might be a good idea to tackle some key repairs before listing.
But how do you know which ones are worth it?
Expert advice is key. Let's chat so you know what to prioritize.
DM or call me!
If you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for.
Where Will You Go After You Sell?
If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news: the supply of homes for sale has grown in a lot of markets this year – and that’s not just existing, or previously-owned, homes. It’s true for newly built homes too.
So how do you decide which route to go? The choice is yours – you just need to figure out what’s most important to you.
Here are some benefits of buying a newly built home right now:
>>Have brand new everything with never-been-used appliances and materials
>>Use energy efficient options to save money and leave a smaller footprint
>>Minimize the need for repairs and benefit from builder warranties
>>Take advantage of builder concessions that can help with affordability
Ralph McLaughlin, Senior Economist at Realtor.com, shares, “Homebuyers who are looking for that ‘new-home smell’ may be in a...
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If you’re planning to sell your house and move, you probably know there’s been a shortage of options available.
If you’re planning to sell your house and move, you probably know there’s been a shortage of options available.
Mortgage Rates Down a Full Percent from Recent High
Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the past few weeks are any indication, you may be getting your wish.
After the latest reports on the economy, inflation, the unemployment rate, and the Federal Reserve’s recent comments, mortgage rates started dropping a bit. And according to Freddie Mac, they’re now at a level we haven’t seen since February.
Maybe you’re seeing this and wondering if you should ride the wave and see how low they’ll go. If that’s the case, here’s some important perspective. Remember, the record-low rates from the pandemic are a thing of the past. And if you wait for mortgage rates to drop further, you might find yourself dealing with more...
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Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.
Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.
Trying to decide if you want to sell or rent out your house once you move?
There’s a lot to consider – especially when it comes to figuring out if the profit is really worth the potential pains you might come up against.
Pro tip: Talking to another landlord plus professionals (like me) can help you decide what’s best for you and your situation.
DM or call me!
If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market.
Wondering if a housing market crash is on the horizon? Think again.
Unlike 2008's oversupply issue, today we're facing an undersupply of homes.
From existing homes to new builds and even foreclosures, all inventory levels are significantly lower than during the last housing crisis.
The numbers are clear—today's inventory conditions are simply not the same.
DM or call me!
Curious about selling your home?
3 Graphs That Show We’re Not Headed for a Housing Market Crash
Back in 2008, there were too many homes on the market. Today, it’s just the opposite. The three main sources of inventory show this isn’t like the last time.
DM or call me!
Back in 2008, there was an oversupply of homes for sale.
Why the Sandwich Generation Is Buying Multi-Generational Homes
Are you a part of the Sandwich Generation? According to Realtor.com, that’s a name for the roughly one in six Americans who take care of their children and their parents or grandparents at the same time.
If that sounds familiar to you, juggling all the responsibilities involved certainly must have its challenges. But it turns out there’s one pretty significant benefit: it can actually make it a bit easier for you to buy a home.
How Can It Help You Buy a Home?
Here are a few ways their caretaking situation might be helping those 33% buy a home:
• Sharing Expenses
• Built-In Childcare
Beyond just the financial reasons, buying a multi-generational home has other advantages. The Profile of Home Buyers and Sellers from the National Association of Realtors (NAR) highlights some of the most popular, including:
• Easier To Care for Aging Parents
• Spending More Time...
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Are you a part of the Sandwich Generation?
Are you a part of the Sandwich Generation?
Should You Rent Out or Sell Your House?
Figuring out what to do with your house when you're ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth?
Is Your House a Good Fit for Renting?
Even if you're interested in becoming a landlord, your current house might not be ideal for renting. Maybe you're moving far away, so keeping up with the ongoing maintenance would be a hassle, the neighborhood isn't great for rentals, or the house needs significant repairs before you could rent it out.
If any of this sounds like it might apply, selling might be your best option.
Are You Ready for the Realities of Being a Landlord?
Managing a rental property isn't just about collecting rent checks. It's a time-consuming and sometimes challenging job.
For example, you may get calls from tenants at all hours of the day with maintenance requests. Or you may...
DM or call me!
Figuring out what to do with your house when you're ready to move can be a big decision.
Figuring out what to do with your house when you're ready to move can be a big decision.
Unlocking the Benefits of Your Home Equity
Home equity is the difference between how much your home is worth and how much you owe on your mortgage. And for most people it’s gotten a big boost in recent years, thanks to rising home prices. If you want to find out how much equity you have, reach out for a professional equity assessment report.
DM or call me!
The housing market is going through a transition.
Let’s talk about equity.
On average, homeowners gained $28,000 over the past year and have a grand total of $305,000 worth of equity in their homes. That’s a whole lot of leverage for your next move.
Curious about how much you have? Let’s do a Professional Equity Assessment Report. Comment “Equity” below if you’re interested.
DM or call me!
Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening.
46191 Westlake Drive
Sterling, VA
20165
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Reasons To Move in Today’s Shifting Market You have 3 key opportunities if you’re looking to move this fall. Inventory is growing, homebuilders are motivated to sell, and mortgage rates have come down from their recent peak. Let’s connect if you want more information. DM or call me!
Home Inspections for Sellers: How To Prepare Wondering how to get your house ready for the inspection? You may want to do some select repairs before listing to get ahead. To decide what's worth tackling, you need expert advice. Let's chat so you know what to prioritize. DM or call me!
3 Graphs That Show We’re Not Headed for a Housing Market Crash Back in 2008, there were too many homes on the market. Today, it’s just the opposite. The three main sources of inventory show this isn’t like the last time. DM or call me!
Unlocking the Benefits of Your Home Equity Home equity is the difference between how much your home is worth and how much you owe on your mortgage. And for most people it’s gotten a big boost in recent years, thanks to rising home prices. If you want to find out how much equity you have, reach out for a professional equity assessment report. DM or call me!
How Do Presidential Elections Impact the Housing Market? How do presidential elections impact the housing market? Data shows Presidential elections only have a small and temporary impact on the housing market. If you have questions about what this means for your move, let’s connect. DM or call me!
Housing Market Forecast for the 2nd Half of 2024 Housing market forecasts for the second half of the year say price growth will moderate, rates could come down slightly, and home sales will hold steady. Want to talk about what these forecasts mean for you? Reach out and let’s chat. DM or call me!
The Downsides of Selling Your House Without an Agent There are downsides to selling your house without an agent. You’ll have limited marketing tools, a greater risk of mistakes with pricing and contracts, and more. That’s a lot to take on. Save yourself time and stress by hiring a pro. DM or call me!
How Owning a Home Builds Your Wealth over Time If you’re trying to decide if buying a home is worth it, consider the long-term benefits. Homeownership pays off in the long run as you gain equity. If you want to learn more, let’s connect. DM or call me!
Top Reasons To Become a Homeowner Trying to decide if you want to buy a home right now? There are many reasons homeownership is worth it. Let’s connect to talk more about how homeownership can change your life. DM or call me!
It Takes Expertise To Price a House Right It takes expertise to price a house right. Let’s connect to make sure you’re setting a price that attracts buyers and helps your house sell fast. DM or call me!
The Sun Is Shining on Sellers Thinking of selling your house soon? Let’s work together to get your house listed, so we can find your dream home. DM or call me!
Do You Know How Much Equity You Have? Do You Know How Much Equity You Have? To find out what your number is, let’s connect. DM or call me!
2024 Housing Market Mythbusting There are a number of myths out there about the 2024 housing market. Need help separating fact from fiction? Let’s connect. DM or call me!
The Perks of Downsizing for Retirees Just retired or about to soon? Let’s talk about your goals and explore the latest options that fit your changing needs. DM or call me!
Reasons To Work with an Agent When Buying a Home There are a lot of reasons to work with an agent when buying a home. Let’s connect to go over why this expertise is priceless. DM or call me!
Outdoor Upgrades To Wow Homebuyers Want to move, but trying to decide what to tackle before selling? Let’s connect to go over the best ways to spend your time and money. DM or call me!
This Spring Is the Sweet Spot for Selling Your House This spring is the sweet spot for selling your house. Let’s connect to start planning your move. DM or call me!
Spring Buyer and Seller Guides Are Here Spring Buyer and Seller Guides are here. Let’s connect so you can get the latest copies today. DM or call me!
Why the Price of Your House Matters When Selling The asking price for your house can greatly affect your bottom line and how fast your house sells. Let’s connect so we can find the right price for your house. DM or call me!
What Are Your Goals for 2024? What are your goals for 2024? Let’s connect and find a home that has enough room for you to reach your goals this year. DM or call me!
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