Both at the national level and here locally, the housing market remains in a modest recovery. For Northern Virginia in July 2015, the number of closed sales is up 19 percent compared to a year ago and the median sales price has increased 2.3 percent. Lawrence Yun, the chief economist for the … [Read more...]
3 Options for When Your House Fails to Sell – Short Sale vs. Foreclosure vs. Rental
August 3, 2015 By Leave a Comment
If you have tried to sell your house but were unable to get the price that you need, then you may be wondering about your other options. In this article, we will explain what a short sale is, how it compares to a foreclosure, and take a look at the option of renting out your home. Finally, you will … [Read more...]
Linton Hall, Realtors Named Best of Haymarket Two Years Running
September 26, 2014 By Leave a Comment
For the second year in a row, The Haymarket Lifestyle Magazine has named Linton Hall, Realtors Best of Haymarket in the “Real Estate Office” category. The trust of a supportive community is a cornerstone to success in the business of buying and selling houses, and this honor proves that we have … [Read more...]
A Piece of the Rock: Ashley’s Predictions for 2014
January 9, 2014 By Leave a Comment
Everybody wants a piece of the rock.” A fundamental rule of human nature from prehistoric cave people to modern day urbanites is that every human being instinctively wants a place they can call home; a place where they can celebrate their victories and shelter in when besieged. Everybody wants a … [Read more...]
Protecting Your Home From Frozen Pipes
January 7, 2014 By
By now, everyone has woken up to single digit temperatures. Some of you have even taken some precautions against frozen pipes well ahead of the cold weather. Dan Stillman from the Capital Weather Gang has written a good article posted on Washington Post on how to protect your home from getting … [Read more...]
Tips for Preparing Your Home For Christmas
December 18, 2013 By Leave a Comment
There’s no place like home for the holidays, is there? Especially in northern Virginia, relatives come from all over the country to share Christmas. Multiple generations under one roof, with the cheerful clatter of kids playing and the chatter of spirited discussions around the kitchen table. But … [Read more...]
2014 Real Estate Forecast
December 17, 2013 By
There are some fundamental variables that will shape the 2014 Real Estate Market. I have written down some of my thoughts below. It is going to be a bumpy ride for mortgage rates in the first half of 2014 as mortgage lenders try to figure out how to comply with the new qualified mortgage rules … [Read more...]
5 Financial Reasons to Buy a Home
December 10, 2013 By
Posted on Dec 10 2013 on: KeepingCurrentMatters.com 1.) Housing is typically the one leveraged investment available. "Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to … [Read more...]
New Mortgage Rules – Getting Qualified and Ability to Repay
November 7, 2013 By Leave a Comment
Under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, lenders are required to make a reasonable and good faith determination based on verified and documented information that the borrower has a reasonable ability to repay a loan. The law also established a presumption of … [Read more...]
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