You can study sites like Houzz.com all day long for new home trends, but nothing is more educational than working with clients and getting into a couple hundred new homes over the past year. That number may not seem like a lot to people who live in a subdivision built by one builder, like a typical Toll Brothers community where the same model is Continue Reading
Why your Agent needs to know your numbers
Curt had crunched the numbers, been to multiple real estate web sites, and believed he had a handle on his budget to buy a house. As a first-time home buyer who had a masters degree and an impressive consulting job at Booz Allen, he, of all people, had a handle on the big picture. But in reality, a first-time home buyer needs to crunch these Continue Reading
Vienna Real Estate Trends ~ Summer 2014
(See updated chart below) After listening to Janet Yellen discuss Fed policy and views on the health of the economy, I took a fresh look at what the Vienna real estate stats were showing me. Now, ever since I took statistics at Boston University, I understand that interpreting those numbers is in the eye of the fortune teller expert Continue Reading
What’s wrong with that survey?
A couple of years ago I wrote about missing house surveys since mortgage lenders aren't requiring them anymore. And, you know what, it still bugs me that they don't care about the property you are buying. They don't care, but you should. If you are thinking about buying a house then know I feel seeing a survey is about as mandatory as having Continue Reading
Home Buyer Due Diligence
Virginia is one of those states where home buyers bear the responsibility to investigate a property to their satisfaction before they buy it. You may have heard of caveat emptor before, which means let the buyer beware. So, it is very important for you to know as much about the property as quickly as possible. One line in the Northern Continue Reading
Some Moving Sales Stats
When I took "Statistics" at Boston University, I had a professor who really couldn't speak English very well. Lectures were frustrating, but I really remember one key concept from that class. Essentially, statistics are always subject to an individuals interpretation depending on what they/you hope to demonstrate to make a point. There can be Continue Reading
Home Buyer Tips: Closing Costs
"So, we decided to buy a new house this year... " sound familiar? People don't know that they just opened a gusher of tips from everyone in their circle who has ever bought a house. Everyone has an opinion on where to live, what type of home to buy, and a horror story or two. Right? And then while surfing the Internet they will come across Continue Reading
A Tip on CFPB’s Tips for Homebuyers
By the time most of my Northern Virginia real estate clients reach me, I know that they have been doing plenty of research on the web. Most sites are designed to cover general topics and do a good job, but a real powerhouse site has hit the Internet and it is going to get every home buyer's attention. That hot site is ConsumerFinance.gov , set Continue Reading
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