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  • thierry@allfairfaxvahomesforsale.com

New Perspectives On Today’s Housing Market

access_timeMarch 24, 2023personThierry Roche

There wasn’t anything at all “normal” about the housing market in 2021 and in part of 2022. Mortgage rates were at an all-time low, and there’s a great possibility we will never reach those levels again! Double-digit appreciation drove prices to new heights.  Low inventories fueled by high buyer demand made multiple offers a normal […]

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Some Info On Backup Offers

access_timeMarch 18, 2023personThierry Roche

Real estate isn’t the only profession where there are tools and techniques available to help with particular situations. Really, any profession has those tools and techniques. For real estate professionals, one of those is the backup offer. In situations where multiple offers may arise, the seller can accept any offer for whatever reasons are important […]

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Monopoly Is Very Similar To Investing In Real Real Estate

access_timeMarch 8, 2023personThierry Roche

I’m sure you’ve probably played Monopoly at some point in your life. During this game, you’ll purchase and develop properties (developing them by placing houses and then hotels on them), and sometimes you may even sell them. As you go along in the game, and when many of the properties have been purchased and developed, […]

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The New Normal Mortgage Rates – Let’s Get Comfy With Them

access_timeMarch 4, 2023personThierry Roche

Homebuyers in 2022 experienced a huge shock – soaring mortgage rates which doubled in one year resulting in approximately 15 million mortgage ready buyers displaced from the market due to affordability issues. As of February 23, 2023, the 30-year fixed rate mortgage was at 6.5%.  While that is twice as high as it was on […]

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When Should You Lock In That Mortgage Rate?

access_timeFebruary 24, 2023personThierry Roche

Market conditions are a big reason as to why you should lock your interest rate. Quite simple – locking that interest rate will protect you from increases due to market conditions. If you lock your interest rate early, it can safeguard your budgeted payment. Here’s how it works – if you lock the rate, and […]

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Let’s Discuss Buyer Incentives

access_timeFebruary 15, 2023personThierry Roche

Last year, sellers weren’t necessarily willing to make any concessions. This year, due to the softening of the market because of inflation and higher mortgage rates affecting affordability for buyers, they are much more likely to do so. Let’s discuss concessions. They can take place in many forms. A seller could offer to pay the […]

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Buydowns: You Really Should Negotiate

access_timeFebruary 3, 2023personThierry Roche

Things have definitely changed in the past year. If you’re a prospective homebuyer, you have absolutely seen those changes firsthand. Most notably, mortgage rates have more than doubled which has created an affordability gap that has taken approximately 15 million buyers out of the market. Yes, inventories all growing – however that isn’t due to […]

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When You’re Ready To Get Back In The Game…

access_timeJanuary 30, 2023personThierry Roche

Football season is pretty similar to buying a home – you just might be on the sidelines. And, if you are in fact on the sidelines to buy a home, there are things you can do to be ready when you do get back in the game. Improve your credit score. Improving your credit score […]

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Let’s Shake On It – Negotiations

access_timeJanuary 20, 2023personThierry Roche

So many negotiations take place during a real estate transaction. The seller wants the most for their home and the buyer wants to pay the least possible. Starting in the very beginning of the homebuying process, there are well-defined positions between those two principals. And, if you happen to be in a multi-offer situation, it just […]

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High Inflation – Don’t Let It Discourage You From Buying A Home

access_timeDecember 28, 2022personThierry Roche

Your home is a tangible asset, which consistently becomes more valuable over time. During times where inflation is significantly high, a home is a good investment and is a hedge against inflation. Why? The interest earned in savings is almost always less than inflation. Borrowing money, in other words, a loan, can be a great […]

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Recent Posts

  • New Perspectives On Today’s Housing Market
  • Some Info On Backup Offers
  • Monopoly Is Very Similar To Investing In Real Real Estate
  • The New Normal Mortgage Rates – Let’s Get Comfy With Them
  • When Should You Lock In That Mortgage Rate?

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