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Office: 571-386-1075 Cell: 240-654-2824 [email protected] Pearson Smith Realty Ashburn, VA
Some things to consider when deciding if you should rent or buy.
simplifyingthemarket.com Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “With Rents continuing to climb and interest ra
simplifyingthemarket.com With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially prop
[05/10/17] Come out on Saturday and check out our Open House.
simplifyingthemarket.com Some Highlights: The National Association of REALTORS® surveyed their members for their monthly Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked abou
simplifyingthemarket.com According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to
simplifyingthemarket.com Some Highlights: For the 5th year in a row, the Northeast saw a concentration of “High Outbound” activity. For the first time ever, South Dakota held the top spot for “High Inbound” states. Much of America’s outbound activity can be attributed to Boomers relocating to warmer climates afte
simplifyingthemarket.com According to a recent survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were requi
simplifyingthemarket.com Highlights: Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million. January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900. NAR’s Chief Economist, Lawrence Yun had th
simplifyingthemarket.com If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following 3 questi
If you're thinking about selling, then talk to me and let's see what we can do to get it sold. The buyers are out there and the inventory is low.
simplifyingthemarket.com The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1.7% increase over 2016, which was the be
simplifyingthemarket.com Highlights: When listing your house for sale your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting your house ready for marke
simplifyingthemarket.com According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs,
simplifyingthemarket.com In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualifi
simplifyingthemarket.com Some Highlights: CoreLogic’s latest Home Price Index shows that prices rose by 7.1% across the United States year-over-year. With mortgage interest rates rising in the short term, CoreLogic believes price appreciation will slow to 4.7% by this time next year. 49 out of 50 states, and the
simplifyingthemarket.com Last week, CNBC ran an article quoting self-made millionaire David Bach explaining that not purchasing a home is "the single biggest mistake millennials are making" because buying real estate is "an escalator to wealth.” Bach went on to explain: "If millennials don't buy a home, their chances of
simplifyingthemarket.com The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure. Homes priced between $100-250K showed a 20.7% increase year-over-year. This is an impressive increase, sh
simplifyingthemarket.com The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices. We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item goes down,
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simplifyingthemarket.com The process of buying a home can be overwhelming at times, but you don't need to go through it alone. You may be wondering if now is a good time to buy a home...or if interest rates are projected to rise or fall.The process of buying a home can be overwhelming at times, but you don't need to go thro
simplifyingthemarket.com A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close. It’s no surprise that listi
simplifyingthemarket.com Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait: Relocation buye
simplifyingthemarket.com According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly. Why did rates go
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Ask Austin Harley | LeAnne and Company | Pearson Smith Realty I live, breath, and eat Real Estate!
Serving Northern Virginia especially, Mclean, Great Falls, Falls Church, Sterling, Ashburn, Leesburg,Alexandria, Burke, Arlington, Springfield, Purcellville, Hamilton, Herndon, Centreville, and Gainsville just to name a few....
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A Team Always Outperforms an Individual. Kim Barber Group helps Sellers and Buyers in the Fairfax, Loudoun, and Prince William Counties.
We are Philanthropic Realtors! When you Buy, Sell or Invest in a property through us we'll donate 5% of our commission to YOUR favorite local charity. We have helped many folks navigate our fast paced market & look forward to working hard for you!
Helping you to buy, sell, and rent in Virginia.