Tag Archives: great falls real estate

March 21

Social Media Now Plays a Key Part in Selling Your Home

If you thought that Instagram was only for teenagers, Facebook was only for cute animal videos, and Twitter was only for Donald Trump, you would be wrong. Now Facebook, Instagram, Twitter, YouTube and even Pinterest are places where your Realtor should be marketing your home, both through paid media and on their own business pages […]

Getting the Price Right the First Time

It is critically important to price a home correctly when it first comes on the market. The reason is simple: The greatest numbers of buyers are going to see the house during the first two or three weeks. Sellers who price their home correctly are likely to be rewarded. Those who overreach, who think they […]

March 10

Millenials Are Moving to the Suburbs! (Does that make it hip?)

While DC is bursting with renting 20 and 30 somethings, a recent survey by the National Association of Realtors shows that when Millenials (ages 18-35) are ready to buy, they are buying in the suburbs.  We can confirm that we are seeing millenials out at McLean and Great Falls open houses, which, we have to admit, […]

March 07

Are You Thinking About Downsizing?

Are the kids grown and gone and now it seems you have too much space you never use? Would you rather be traveling than maintaining your home?  Are you ready for a change, maybe to a smaller place or in a different neighborhood?  Then maybe it is time to downsize. The idea of downsizing from a […]

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 […]