Moving-Up to a Luxury Home? Now’s the Time in Haymarket!

October 18, 2017

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.  The inventory of homes for sale in the luxury…

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Buying Remains Cheaper Than Renting in 39 States. Is Virginia one of them?

October 17, 2017

Note that in the data below, in Virginia overall it is ‘slightly’ cheaper to rent than buy. But that all depends on your area. In NoVA, it can even be from neighborhood to neighborhood. So make sure to speak with your Realtor and start thinking about what you can afford in a purchase and compare…

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Thinking of Selling? You Should Do It TODAY!!

October 16, 2017

That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY! In a recent article by CBS News, they explained that the number of existing home sales is shrinking,…

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4 Reasons to Sell This Fall [INFOGRAPHIC]

October 13, 2017

Some Highlights: Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available! Housing inventory is still under the 6-month supply that is needed for a normal housing market. Perhaps the time has come for you and your family to move on…

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Net Worth of Homeowners 44X Greater than Renters

October 12, 2017

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since 2013. At the same time, the median net…

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Builder Offering to Pay Off Student Loans for Buyers

October 11, 2017

Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate college with what equates to a mortgage payment. For…

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