Your Home with Magda, Keller Williams Realty Dulles

Your Home with Magda, Keller Williams Realty Dulles “Home is where love resides, memories are created, friends always belong, and laughter never ends.”

Always love to hear from my clients and appreciate all the kind words and the time they take to share their opinion abou...
06/19/2024

Always love to hear from my clients and appreciate all the kind words and the time they take to share their opinion about working with me!!!
Another 5🌟 today. My ❤️is happy!
❤️❤️❤️Thank You❤️❤️❤️

06/19/2024

What You Need To Know About Today’s Down Payment ProgramsThere's no denying it's gotten more challenging to buy a home, ...
06/19/2024

What You Need To Know About Today’s Down Payment Programs

There's no denying it's gotten more challenging to buy a home, especially with today's mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But unfortunately, many homebuyers feel like they don’t know where to start.

A recent Bank of America Institute study asked prospective buyers where they lack confidence in the process and need more information. And this is what topped the list:

53% said they need help understanding homebuying grant programs.

So, here’s some information that can help you close that gap.

What Is Down Payment Assistance?

Contrary to what you may have heard, typically you don’t have to put 20% down unless it’s specified by your loan type or lender. So, you likely don’t need to save as much upfront, and there are programs...

There's no denying it's gotten more challenging to buy a home, especially with today's mortgage rates and home price appreciation.

06/18/2024

If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify.

Worried About Mortgage Rates? Control the ControllablesChances are you’re hearing a lot about mortgage rates right now. ...
06/18/2024

Worried About Mortgage Rates? Control the Controllables

Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do.

The truth is, mortgage rates are impacted by a lot of factors: geo-political uncertainty, inflation and the economy, and more. And trying to pin down when all those factors will line up enough for rates to come down is tricky.

That’s why it’s generally not worth it to try to time the market. There’s too much at play that you can’t control. The best thing you can do is control the controllables.

And when it comes to rates, here’s what you can influence to make your moving plans a reality.

Your Credit Score

Credit scores can play a big role in your mortgage rate. That’s why it’s even more important to maintain a...

Chances are you’re hearing a lot about mortgage rates right now.

Dive into the summer home market and make a splash with your dream home! 🏡💦 Whether you’re looking for a cozy nest or a ...
06/18/2024

Dive into the summer home market and make a splash with your dream home! 🏡💦 Whether you’re looking for a cozy nest or a place with a pool, I’m here to help you find the perfect fit. Ready to swim through listings? Contact me today!

06/17/2024

You may have heard that there are more brand-new homes available right now than the norm.

Do Elections Impact the Housing Market?The 2024 Presidential election is just months away. As someone who’s thinking abo...
06/17/2024

Do Elections Impact the Housing Market?

The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market.

Home Sales

During the month of November, in years when the Presidential election takes place, there’s typically a slight slowdown in home sales. As Ali Wolf, Chief Economist at Zonda, explains: “Usually, home sales are unchanged compared to a non-election year with the exception being November. In an election year, November is slower than normal.”

Home Prices

What about home prices? Do they drop during election years? Not typically. As residential appraiser and housing analyst Ryan Lundquist puts it: “An election year doesn’t alter the price trend that is already happening in the market.”

Mortgage Rates

Mortgage rates are important because they affect how much your monthly payment will be when you...

The 2024 Presidential election is just months away.

77% of homeowners feel a major sense of accomplishment when they think of their completed project.” Whether you did it a...
06/17/2024

77% of homeowners feel a major sense of accomplishment when they think of their completed project.” Whether you did it all yourself or hired a pro, what was your first, last or best home project? It’s okay to brag.

What a result! This 2-bd, 2-ba property in Reston is under contract!  Only one day on the market😍Contact me directly if ...
06/17/2024

What a result! This 2-bd, 2-ba property in Reston is under contract! Only one day on the market😍
Contact me directly if you’d like to learn more about this listing or the Reston property market.

06/16/2024

06/15/2024

If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress.

Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC]According to a recent poll from Gallup, real estate has ...
06/14/2024

Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC]

According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years. That’s because a home is so much more just than a roof over your head. It’s also an asset that typically grows in value over time. If you’ve been debating if it makes more sense to rent or buy, DM me to talk about why homeownership can be a better bet in the long run.

According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years.

Homebuilders Aren’t Overbuilding, They’re Catching UpYou may have heard that there are more brand-new homes available ri...
06/13/2024

Homebuilders Aren’t Overbuilding, They’re Catching Up

You may have heard that there are more brand-new homes available right now than the norm. Today, about one in three homes on the market are newly built. And if you’re wondering what that means for the housing market and for your own move, here’s what you need to know.

Why This Isn’t Like 2008

People remember what happened to the housing market back in 2008. And one of the factors that contributed to that crash was that there were too many homes for sale. While only part of the oversupply back then came from builders, the lasting impact is that some people still feel uneasy when they hear new home construction has ramped up.

Even though the supply of new homes has grown this year, the data shows there’s no need to worry. Builders aren’t overbuilding, they’re just catching up.

New Home Construction May Be at Its Peak for the Year

Builders remember what happened when they overbuilt in the...

You may have heard that there are more brand-new homes available right now than the norm.

By partnering with a knowledgeable and experienced agent, you can avoid these common selling mistakes that often lead to...
06/13/2024

By partnering with a knowledgeable and experienced agent, you can avoid these common selling mistakes that often lead to a longer and less lucrative sale. Call me or send me a message if you have any questions - I’m happy to help!

Home Prices Aren’t Declining, But Headlines Might Make You Think They AreIf you’ve seen the news lately about home selle...
06/12/2024

Home Prices Aren’t Declining, But Headlines Might Make You Think They Are

If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices.

The key is knowing the difference between the asking price and the sold price.

Understanding Asking Price vs. Sold Price

In essence, the asking price, also known as a listing price, is the amount a seller hopes to get for their home when they list it. In reality, sellers can’t just put any price tag on their house and expect it to sell for top dollar.

Here’s the most important thing to note: Actual sold prices are still rising, and they’re expected to continue to do so at least over the next 5 years.

What Does This Mean for Home Prices?

So, while there's been an increase in price reductions recently, this doesn't mean overall home values are declining.

Why This Is Good News for Buyers and...

If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify.

Are you thinking about selling your home? I will be with you every step of the way! Contact me to begin your journey.   ...
06/11/2024

Are you thinking about selling your home? I will be with you every step of the way! Contact me to begin your journey.

06/11/2024

If homeownership is on your goal sheet for your future, you’re probably working on your savings.

Savings Strategies Every First-Time Homebuyer Needs To KnowIf homeownership is on your goal sheet for your future, you’r...
06/11/2024

Savings Strategies Every First-Time Homebuyer Needs To Know

If homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more.

Here are a few strategies that can help speed up that process.

Budget and Track Your Expenses: To start, create a detailed budget that tracks the money you’ve got coming in and the money going out. This’ll give you a better look at your finances as a whole.

Cut Down on Unnecessary Spending: Now that you have your budget sheet done and you know how you’re spending your money, look for any line items that aren’t absolutely essential. If you cut down on those, you can re-allocate that cash toward buying a home. Even the little things can add up.

Automate Your Savings: Once you know how much you want to set aside for your homebuying budget, look for ways to make it easy. If...

If homeownership is on your goal sheet for your future, you’re probably working on your savings.

Selling Smart: Why a Real Estate Agent Makes All the DifferenceIf you’re considering selling your house on your own as a...
06/10/2024

Selling Smart: Why a Real Estate Agent Makes All the Difference

If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress.

Getting the Price Right

Setting the right price for your house is important. And, if you’re selling your house on your own, two common issues can happen. You might ask for too much money (overpricing). Or you might not ask for enough (underpricing). Either can make it hard to sell your house.

To avoid these problems, team up with a real estate agent. Agents know how to figure out the perfect price because they have a deep understanding of the local housing market.

Understanding and Performing Paperwork

Selling a house involves a bunch of paperwork and legal documentation that has to be just right. There are a lot of rules and regulations to follow, and that makes it a bit tricky for homeowners to manage everything on their own. Without...

If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress.

06/09/2024

If you’re trying to decide if buying a home is worth it, consider the long-term benefits, like building equity as home values grow over time.

06/08/2024

06/07/2024

The Wealth-Building Power of Homeownership [INFOGRAPHIC]If you’re trying to decide if buying a home is worth it, conside...
06/07/2024

The Wealth-Building Power of Homeownership [INFOGRAPHIC]

If you’re trying to decide if buying a home is worth it, consider the long-term benefits, like building equity as home values grow over time. According to the FHFA, home values have increased by 315.7% since 1991. Home equity is one reason owning your own place can really pay off in the long run. When you're ready, DM me.

If you’re trying to decide if buying a home is worth it, consider the long-term benefits, like building equity as home values grow over time.

When it comes to buying a home, research is paramount. This ensures you don’t run into any surprises later in the proces...
06/07/2024

When it comes to buying a home, research is paramount. This ensures you don’t run into any surprises later in the process. Hiring an experienced agent can help you better understand market trends, pricing, and potential future developments in the area. Questions about the buying process? Send me a message!

06/06/2024

If you’ve been looking for a home at the high-end of your market, but haven’t found the right one, you may have put your search on hold.

Address

Keller Williams Realty Dulles, 46191 Westlake Drive
Sterling, VA
20165

Telephone

+15712509626

Website

https://www.brightmlshomes.com/magdalena-anders

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