By now, we have all heard about the landmark transportation law passed by the Virginia General Assembly that raises new revenue to fund transportation initiatives across the Commonwealth (HB 2313). This law will be effective July 1, 2013. Among the increase in sales, use and fuel taxes is an … [Read more...]
Sharp Raise in Mortgage Rates – It’s Time to Buy!
Recently there has been a sharp incline in mortgage rates, causing many renters and prospective buyers to take a closer look into the market, fearing they might miss the best time to buy. As renters are getting nervous that home prices and rates will rise quickly, home buying has picked … [Read more...]
Exsiting Home Sales Report – New Information for October
The National Association of Realtors recently put out some new numbers. While the report was not specifically about northern Virginia - much less western Prince William County - it still contains some valuable information if you are preparing to buy or sell your home. Among some of the numbers … [Read more...]
The Highs and Lows of Appraisals
Thinking of selling your home? If you’ve been waiting on the sidelines for better market conditions, wait no more! Now is the time to reap the benefit of a low inventory, rising home prices and motivated buyers. Our present market offers all of these advantages, but to enjoy them to the full, … [Read more...]