Here at Halm Brzezinski Homes we have pretty strong opinions about houses. We love a great historic renovation – like the yellow farmhouse on Spring Hill Road in McLean that went under contract in about 19 seconds. (I guess we weren’t the only ones who liked it!) There has been some really bad new construction in Northern Virginia over […]
Tag Archives: hbhomes
February
29
Top 3 Reasons to Get Pre-Approved for a Mortgage
posted by Jennifer
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?
posted by Jennifer
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?
posted by Jennifer
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
posted by Jennifer
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?
posted by Jennifer
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 […]
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