Will we see a flood of foreclosures in NOVA? The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s ... Continue Reading » about Don’t Expect a Flood of Foreclosures in NOVA
Equity is a game changer for sellers If you’re a homeowner, the amount of equity you have is a game changer! You might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, ... Continue Reading » about Equity Is a Game Changer for Sellers
Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where ... Continue Reading » about Where Are People Moving Today and Why?
Four ways to use your home equity - If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more ... Continue Reading » about Ways You Can Use Your Home Equity
How inflation affects mortgage rates isn't always easy to understand. When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need ... Continue Reading » about How Inflation Affects Mortgage Rates
How do you know if you're ready to buy a home? If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of ... Continue Reading » about Are You Ready to Buy a Home