How Coronavirus is Affecting the Northern Virginia Housing

Has the coronavirus become the biggest disruptor in the real estate market of Northern Virginia? Not necessarily. I watch the market very carefully, and while we are definitely seeing a drop in the number of contracts being written in Northern Virginia for homes on the market – the number of houses coming onto the market … Continued

Home Inspection

Negotiating Home Defects After the Inspection

Q:  I am currently in escrow on a house. We had the inspection done yesterday. There are a few major concerns of which we were unaware.  The largest is a faulty shower pan, which has been leaking for several years and has caused substantial damage to the sub-flooring. What is the best way to handle … Continued

First Steps to Buying a House

The FIRST STEP to purchasing a house is NOT to download all the home search apps  you can find onto your smartphone and then start swiping through homes. JUST STOP IT! The first step is to actually find out what price range you should be looking for. To borrow a phrase, “What’s in your wallet?” … Continued

WARNING: Ignorant Buyers and Sellers Lose!

When I’m looking at a market to see if it’s leaning toward buyers, sellers — or neither — I look to the absorption rate. This means how long would it take to deplete the inventory at the rate that homes have gone under contract in the last 30 days. (Huh?) Here’s my simple equation — … Continued

4 Things You Need to Expect When Selling With an Agent

Are you working with a local Northern agent to sell your house? Or maybe you’re thinking about it? If so, we’ve collected the top 4 things you need to expect when selling with an agent — to help you navigate this process easily! There are many ways to sell your house and many people choose … Continued