Just about any real estate agent will tell you a quite similar sad story. One that pretty much goes like the following: The seller’s home just hit the market, they received an offer which was less than the list price, and then felt secure enough to counter for a higher amount. For whatever reason, the […]
A famous warning, “Beware the Ides of March” was issued by the soothsayer in Shakespeare’s Julius Caesar play. And once again in March of 2020 the world as we knew it changed dramatically from exposure to the Coronavirus pandemic. For the United States, it brought our flourishing economy to a screaming halt as workers were […]
In the past homeowners had a natural progression in owning homes. They would begin homeownership with a starter home, move onto a dream home to raise a family, then downsize upon becoming empty nesters and finally moving into a retirement home to finish out their years. But recently, Marianne Cusato’s 2016 Aging-in-Place report indicated that […]
Just wanted to provide you with some statistics from RBIntel covering the Northern VA real estate market. As you can see, new listings, new pendings and closed sales are down a bit. Probably due to the time of the year more than the market. The real estate market always falls off a bit during the […]
Much to the elation of anyone with a Fairfax VA home for sale or sellers anywhere, home prices are on the rise in nearly all states, according to a recent report from the real estate researcher CoreLogic. Evidently, 48 states showed year-over-year gains in April. Meanwhile, home prices also showed month-over-month gains between March and April. […]
The term Fiscal Cliff has become a commonly used term, but most of us don’t know what it means and how it applies to Real Estate. Simply, it refers to sweeping tax cuts enacted a decade ago that were set to expire at year’s end. For real estate, it had the potential to derail the recovery that’s been slowly taking hold. Foreclosures would rise and home values would drop.
The uncertainty of what would happen if the Fiscal Cliff bill did not pass, had potential home buyers and sellers holding back on making a transaction
But, the recent legislation passed by Congress and signed by the President, makes Northern Virginia Real Estate a good investment.
If you have been shopping for Fairfax, Va real estate recently, you may notice prices are rising again, and competition for homes has started heating up. A “sellers market” may be where you find yourself as a buyer if you are looking at homes for sale in Northern Virginia.
As the market shifts from a buyer’s market, it’s good to know how to improve your chances to have the seller accept your offer. The secret to finding the best home at the best price is knowing how to present your offer in this changing market.