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With rising interest rates on the horizon, it’s a good time to discuss the best practices when buying a home. As a buyer, you want to be as close to a “sure thing” as possible. How do you do that? The first step is getting pre-approved with a lender. They will take a look at your credit score, tax returns, and paychecks to determine if you qualify or not. To learn more about becoming a sure thing as a buyer, watch this short video.
There is a lot of optimism right now in the housing market, but that doesn’t mean there isn’t something people are worried about. In this case, that thing is rising interest rates. Although they are still around 4.2% on average right now, they are predicted to increase by up to 1% this year by U.S. News and World Report. What should you know if you’re thinking of buying or selling this year? To find out, watch this short video.
Today I wanted to check in and give you a quick update on the real estate market in northern Virginia. As we begin 2017, our market is favoring sellers. We have between two and three months of inventory, but if you list a well-maintained home now, it should sell in a matter of days. Prices have been climbing steadily at a modest rate for several years, and that should continue going forward. To learn everything you need to know about what’s happening in our market and what you can do about it, watch my latest video.