Monthly Archives: February 2016

February 29

Top 3 Reasons to Get Pre-Approved for a Mortgage

Before you start your McLean or Great Falls home search, you want to know how much you can afford, right? There are two ways to do this: with a mortgage pre-qualification and a mortgage pre-approval. As a home buyer, the pre-approval is more valuable to you during your home search. How Pre-Approval Helps You as […]

February 25

What is Your Home Worth?

Ever wondered what your McLean or Great Falls area home is worth? Want to know where to start looking? Whether you’re just curious or are eager to find a competitive listing price, using the best resources to find your property’s value is crucial. There are two types of home evaluation tools: neighborhood sold reports and comparative […]

February 22

What Impact will Rising Mortgage Interest Rates Have?

With the Fed’s recent move to increase the federal discount rate, it’s natural to be concerned about the future trajectory of mortgage interest rates. In our view, there’s no cause for alarm. The Fed’s move doesn’t directly impact mortgage rates, and thus far, they have held steady since the Fed’s decision. What happens if mortgage […]

Market in a Minute: February 2016

A Summary of Northern Virginia Market Conditions for January 2016 In Northern Virginia, contract activity in January 2016 was down 8.4% from January of 2015, and there were decreases in five of the six price categories. However, it’s clear that the blizzard from the 22nd — 24th was responsible for this decline — the first half […]

February 15

What is an Absorption Rate?

  In real estate, the term “absorption rate” is thrown around a lot.  Different people define the term in different ways, but either way an absorption rate is all about supply and demand. As an indicator of what has sold/gone under contract. The absorption rate is sometimes used as an indicator of how many properties […]

February 11

9 Ways to Get Rid of Clutter and Refresh Your Home for Spring

February is a great time to get organized.  The holidays are over, but we are all still somewhat housebound.   It’s the perfect time to get the house/closets/garage/basement/attic cleaned out. Let’s get started! 1. Remember, it’s a marathon, not a sprint.  One room at a time It can be overwhelming to think about cleaning out your […]

February 08

Paint Colors We Love for Selling and Living

Ginny: I love to paint.  There is nothing like a fresh coat of paint to change up a room.  I repainted our front door at least 5 times before sadly resigning myself to a glossy black after realizing that double doors don’t do well in color. When it comes to interior paint, while I love […]

5 Ways to Host the Perfect, Mess Free Super Bowl Party

If you are hosting a big party to celebrate Super Bowl 50, you probably want it to be an event that you and your guests remember for years to come. But Super Bowl parties can be messy: Crumbs and dirt from your guests’ shoes can embed themselves in your carpet, drinking glasses and plates can […]

February 04

About Great Falls

Through most of its history, Great Falls has been a farming community. The original landowners (after King Charles II) were the Fairfax cousins – Thomas, Lord of Fairfax and his cousin, William Fairfax. The two men owned over 18,000 acres in Fairfax County, including what is now Great Falls. Most of the landowners in the […]

Top 10 Reasons to live in Great Falls, Virginia

1.  You can get that John Deere mower.  Finally. Great Falls offers beautiful Virginia countryside.  Most homes have at least 1 acre of land, many have 2-5 acres.  Happy mowing! 2.  You don’t have to pay for private school.  (unless you really want to.) Great Falls has top rated public schools and is in the […]