northern virginia: Should you buy a home or wait?
- 01/17/17 07:36 AM
Should you buy a home or wait, is a pertinent Active Rain published blog relevant to Real Estate. Scroll down yonder to see the entire post.
THIS is one of the biggest questions we get as Realtors. Many people are afraid to pull the trigger and make a move! It is a very difficult question to answer on the spot. There are so many variables, however if you are thinking about it, there is a good chance you are ready now!
If you are not sure if this is the right time, make sure to give us a call. We can … (0 comments)
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northern virginia: How long does the home buying process take?
- 01/13/17 07:10 AM
How long does the home buying process take, is a pertinent Active Rain published blog that is relevant to Real Estate. Scroll down to see the reblog.
Many buyers, especially first time buyers wonder how long the home purchase process will take and what is involved. While the length of time it takes to find the home you want to offer on varies (usually a few weeks to a few months), the home purchase process on the average sale runs about 45-60 days (faster if you are purchasing cash and no mortgage process is involved). After getting past negotiations and … (3 comments)
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northern virginia: What is a Realtor and why do you need one?
- 01/11/17 08:21 AM
Only real еѕtаtе professionals who аrе mеmbеrѕ оf thе Nаtіоnаl Association оf Rеаltоrѕ саn саll thеmѕеlvеѕ Rеаltоrѕ. Nоn-Mеmbеrѕ are оnlу Rеаl еѕtаtе аgеntѕ оr Sales реорlе. Every agent at Nesbitt Realty is a Realtor. There аrе ѕеvеrаl amazing bеnеfіtѕ оf uѕіng Rеаltоrѕ оvеr a ѕаlеѕ person.
All Rеаltоrѕ (mеmbеrѕ оf the Nаtіоnаl Aѕѕосіаtіоn оf Realtors) аrе bоund to a ѕtrісt соdе оf еthісѕ. Thеіr code is based оn рrоfеѕѕіоnаlіѕm аnd рrоtесtіоn оf thе public. Random real estate agents dо not hаvе to аbіdе bу thеѕе соdеѕ. If you сhооѕе tо uѕе a Realtor уоu саn be ѕurе that thеу аrе honest аnd … (1 comments)
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northern virginia: Finding your dream home
- 01/11/17 08:15 AM
We аll wаnt tо find оur drеаm hоmе аnd wе thіnk іt іѕ easy. However, аftеr dоіng thе ѕеаrсh bу оurѕеlvеѕ, we ѕlоwlу bесоmе fruѕtrаtеd аnd tіrеd. When this hарреnѕ, wе ѕеttlе fоr ѕоmеthіng less. Finding thе rіght home fоr uѕ ѕhоuld nоt bе that difficult. Thеrе are simple wауѕ tо find them. First, wе need tо set criteria. Aftеr thаt, we lооk for іt ѕуѕtеmаtісаllу whіlе соnѕіdеrіng thе іmроrtаnt factors іn сhооѕіng a hоuѕе.
Sеttіng thе criteria
In order tо fіnd the right hоmе fоr уоu, уоu ѕhоuld knоw whаt уоu are lооkіng for. Fіrѕt, whаt dо уоu need? If уоu have … (0 comments)
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northern virginia: Pending Home Sales Drop
- 02/07/16 11:39 PM
Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the NATIONAL ASSOCIATION OF REALTORS®.
The Pending Home Sales Index, a forward-looking indicator, dropped 30.0 percent to 77.6 based on contracts signed in May from a reading of 110.9 in April, and is 15.9 percent below May 2009 when it was 92.3. The falloff comes on the heels of three strong monthly gains as home buyers rushed to take advantage of the tax credit.
The data reflects contracts and not closings, … (0 comments)
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northern virginia: Home Owners Do Love Their Houses
- 02/07/16 11:26 PM
Despite declining home prices, 90 percent of Americans don’t regret buying their current home, according to a survey for Bankrate.com.
Among the 9 percent who do regret the purchase, most say they are unhappy that they can’t sell their home and move elsewhere or they can’t afford their monthly mortgage.
Some 79 percent of those polled say they have a fixed-rate mortgage on their homes. Among those making over $75,000 per year, 90 percent say they have a fixed rate mortgage.
Source: Bankrate.com (07/12/2010)
… (1 comments)
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northern virginia: Demand is Strong for Well-Prices Homes
- 02/07/16 11:22 PM
Yes, houses will sell as long as they are priced right. In many — but not all places — that means they’re priced low.
“People who price their homes to the market are selling them in a reasonable amount of time, but people who cling to 2004 or 2005 prices aren’t,” says Richard Smith, president and CEO of Realogy, the parent company of Century 21, ERA, Coldwell Banker and Sotheby’s International Realty.
In some areas, pent-up demand has exploded. “It’s crazy,” says Brendon DeSimone, an associate with Paragon Real Estate in the Noe Valley near San Francisco. “I had one house … (0 comments)
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northern virginia: 4 Poor Decor Choices New Home Owners Make
- 02/02/16 10:39 PM
When your client finally closes on their home, they’re going to be excited to start making the place their own. But going overboard with decorating concepts or placing furniture in the wrong configurations can make a home look cramped and uninviting. Help guide your client’s eye for interior design by steering them away from these furnishing mistakes recently highlighted by realtor.com®:
Making a Home Picture-Perfect
Secrets of the Staging Pros
Staging Outdoor Spaces
6 Ways to Spruce Up a Home With Staging
Oversized furnishings. “Measuring a space is imperative before you purchase anything,” Will Saks, a designer with Homepolish, told realtor.com®. … (3 comments)
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northern virginia: Remodeling Benefits Owners Who Sell or Stay
- 02/02/16 10:31 PM
WASHINGTON (December 9, 2015) — Homeowners preparing to sell often make improvements, both big and small, to their homes that can help yield positive results and garner top dollar from buyers. According to a new report from the National Association of Realtors®, remodeling projects can also bring major benefits to homeowners who choose to remain in their homes.
“Realtors® know that certain home upgrades and remodels can be beneficial to get more buyer eyes on a property, potentially bring in more offers or gain more equity from a home,” said NAR President Tom Salomone, broker-owner of Real Estate II Inc. in … (1 comments)
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northern virginia: Northern Virginia leads the economic way for DC area
- 01/18/16 12:18 AM
The Washington, D.C. area has emerged from the recent recession with Northern Virginia leading the way, a George Mason University economist recently told local Realtors.
George Mason University economist Stephen Fuller said the economic recovery has been underway for about 17 months and is stronger than analysts expected.
He pointed to bright spots for the No. Virginia economy:
1) Employment: Fuller said the manufacturing segment has led the economy out of the downturn with increased hiring for 17 months in a row. Gross domestic product is higher now than when the recession started in November 2007.
2) Housing Shortage: He also … (1 comments)
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northern virginia: A Solution to your DC Entertainment Woes
- 11/30/15 05:02 AM
Are you tired of whatever it is that you do as means of entertainment? Do you live in the Washington DC area? Are you willing to drive a little ways if you aren’t? Do you know what a basketball is?
If you answered yes to any one of the above questions, I have a short story for you. I have been dreaming for a long time of having basketball (NBA) in St. Louis, where I formerly resided. That never came true and then I came out east again. This past week I had the chance to go to opening night at Verizon … (1 comments)
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northern virginia: To Sign or not to Sign
- 11/30/15 04:33 AM
The Hot Stove is Heating up.
Here we are in the middle of Thanksgiving warm up time and the boys of summer are just beginning to make their splashes. The qualifying offers are being presented and things are ramping up.
Out in the midwest there is a big decision looming. A qualifying offer was presented and promptly refuses by two big pieces of the puzzle. The Cardinals are the team I reference here and I believe I know what they should do.
John Lackey and Jason Heyward are the two big pieces that I mentioned above. Both had acceptable seasons … (1 comments)
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northern virginia: Should I Rent or Buy?
- 11/30/15 04:26 AM
Is it time to take the plunge into the home buyers’ world?
If the idea of purchasing your first home or just buying the next home is on your mind, I have some thoughts to add to the collection you’ve already been making in your own mind. Sometimes moving seems like an exciting experience and other times just a nuisance. The act of actual moving is totally irrelevant, though when it comes to actually achieving movers happiness.
In order to gauge the level of success you’ve achieved from a move some factors must be taken into account. The first that I’ve noticed when … (1 comments)
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northern virginia: Thanksgiving is near. . .
- 11/23/15 03:53 AM
… (1 comments)
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northern virginia: Did You Know ‘Missing Households’ Plague Housing Recovery
- 11/23/15 03:38 AM
High unemployment among young adults is prompting a big loss in household formation that is critical for long-term housing demand, according to housing experts.
Of 25 to 34 year olds, about 75 percent were employed in September; that’s about the same as year-ago levels and near the levels during the recession, The Wall Street Journal reports.
Young adults who are unemployed are mostly opting to live with their parents and aren’t renting or owning their own place. Indeed, the number of adults under the age of 35 who are living at home is at the highest level since 1981. More than … (0 comments)
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northern virginia: According to Census, Americans on the Move Again
- 11/23/15 03:31 AM
After staying in place for years, bogged down by the financial effects of the recession, Americans are finally back on the move, according to the latest U.S. Census data.
In 2012, nearly 16.9 million people moved between counties, and 7 million made long-distance moves from one state to another. For long-distance moves, that figure was nearly 5 percent higher than 2010.
The recession had the effect of “freezing people in place” as they waited out a housing and economic slump, and now there’s “at least a thawing,” Kenneth Johnson, a demographer with the University of New Hampshire, told USA Today.
The median price of … (0 comments)
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northern virginia: Seven Things Your Realtor, Doesn’t Ever Want to Hear
- 11/23/15 03:15 AM
“I’ll know it when I see it.” Buyers should come into the home buying process with a list of must-haves and wants. Buyers that want to be taken seriously get preapproved. This helps to expedite the process of making offers and also to pinpoint the price range of what the buyer can afford. “I’m not in any hurry.” Realtors don’t expect to rush you through the home buying process. At the same time, they don’t want to waste their time with a client that doesn’t have any firm motivation to make offers or to buy. “I’m not going to give it … (1 comments)
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northern virginia: On what a resident should ask about condos?
- 11/16/15 12:30 AM
What matters in a condo varies by the person, but questions tend to draw from the same pool of questions:
What amenities are included? Is there a pool? Tennis court? Exercise room? Are pets allowed? Are there areas I can walk my dog? Are there any size or breed restrictions? Is heat electric or gas? Is the heat included in the condo fee? Do condo fees include utilities? Electricity? If there is carpet, are there hardwood floors underneath? Is the washer and dryer in the unit? On the same floor? In the basement? If buying, what are the condo fees and … (6 comments)
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northern virginia: On pre-approval, before home shopping
- 11/16/15 12:26 AM
Obtaining pre-approval from a bank is a daunting process. It is time consuming both due to the delay and because of the amount of paperwork required to satisfy a lender of your credit status.
It is, without a doubt, the most pressing matter before beginning your home search. Proceeding without this step can lead to angst and lost time, energy and opportunities. Without pre-approval you’ll be facing the following pitfalls very quickly:
Offers will be rejected in favor of lower offers by pre-approved buyers. Delays can result as you await approval by your bank. Too late you may find the home you … (2 comments)
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northern virginia: On What Home Buyers Really Want
- 11/16/15 12:21 AM
Home buyers want energy efficiency, according to a new study released by the National Association of Home Builders titled, “What Home Buyers Really Want.” Four of the top-ranked home features involve saving energy.
For example, 94 percent of buyers surveyed say they want energy-star rated appliances. Ninety-one percent said they want the whole home to boast an energy-star rating. What’s more, 89 percent said they wanted energy-star rated windows and 88 percent desire ceiling fans, according to the survey.
Home buyers are also paying more attention to the laundry room in homes. Fifty-seven percent consider a laundry room “essential” in a home and … (3 comments)
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Should you buy a home or wait, is a pertinent Active Rain published blog relevant to Real Estate. Scroll down yonder to see the entire post.
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