Talking Mortgage Rates with Tom Ellwood

2022-11-19T16:13:51+00:00November 16th, 2022|Insights|

Is the Sky Falling on the Housing Market? Thomas Ellwood of Day 1 Mortgage joins Lou to discuss what effect recent interest rate increases will have on the housing market. Video highlight: Mortgage rates are still below 40 year historic averages, and the increase in interest rates is less than the general [...]

Fairfax County Market & Mortgage Rate Update

2020-10-26T19:33:50+00:00October 26th, 2020|Insights|

After a sluggish Spring, Fairfax County experienced a steady rise in home sales this summer—a trend that has continued into fall. In Fairfax County, just like everywhere else, spring home sales were significantly impacted by the pandemic. Total sales in March, April and May were 3,830 homes sold, down 16% from Spring 2019. [...]

Arlington Mid-Fall Market Update

2020-10-20T20:32:57+00:00October 20th, 2020|Insights|

A Strong Start to the Fall Market After the initial uncertainty brought about by the quarantine, the Arlington real estate market saw a steady rise in home sales this summer, a trend that has continued into fall. From a low of 189 homes sold in May—a traditionally strong month—the number of homes sold [...]

Vienna Mid-Fall Market Update

2020-10-13T19:41:57+00:00October 13th, 2020|Insights|

A Brisk Fall Market So Far After an uneven and uncertain Spring/Summer, the Vienna real estate market has experienced strong growth this fall. 118 homes have sold in Vienna since Sept. 1st. That's the highest total number of fall home sales in the last 5 years, and a 10% increase over the same [...]

Summer Market Recap

2020-09-02T14:33:37+00:00September 2nd, 2020|Insights|

I hope you had an enjoyable summer! The past 3 months have been a bit of a ride for the real estate market here in Northern Virginia. We saw an uncertain spring market pivot into a strong summer as folks adjusted to the current ‘normal’, and got back to living life. There’s been [...]

Four Steps to Buying a Home

2020-08-11T14:17:34+00:00August 11th, 2020|Insights|

The prospect of buying a home can seem daunting. With advice coming at you from all directions, it can be hard to focus on what matters. I can help. This is the 4-step process I use to guide my clients through the home buying process. 1. Get Prequalified for a [...]

A Few Tips To Help Keep Your Home Healthy

2020-08-11T14:20:15+00:00July 20th, 2020|Insights|

When it Comes to Your Home, 'Green' and 'Healthy' Aren't Always the Same Thing We spend most of our lives inside our home, surrounded by chemicals. They're everywhere: In the paint and wallpaper, furniture and cleaning supplies we use. Obviously, the fewer hazardous chemicals we breathe in, the better. But [...]

Pre-Qualification vs Pre-Approval

2020-08-11T14:16:25+00:00July 11th, 2020|Insights|

What is Pre-Qualification? Simply put, being pre-qualified is the first step for a serious homebuyer. To get a pre-qualification letter, you provide a bank or lender with information that allows them to see your complete financial picture. Once they have analyzed this information, the bank or lender will give you [...]

Aging in Place: Some Thoughts on Staying Where You’re At

2020-08-11T14:19:49+00:00May 31st, 2020|Insights|

Significantly more Americans are choosing to age in place. According to a recent Freddie Mac report, the current home ownership rate for adults ages 81-85 is 15% higher than it was in previous generations. It makes sense when you think about it. We're living longer and taking better care of [...]

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