Since opening our doors in 1996, we been dedicated to providing unparalleled customer service. We make the home loan process as simple as possible by guiding you through every step.
Calm Down! The Real Estate Market is NOT Falling Apart
simplifyingthemarket.com There has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments together and create an almost ‘Armageddon’ scenario where everything loses value quickly and dramatically. ...
Which Comes First… Marriage or Mortgage?
simplifyingthemarket.com According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly hou
Low Inventory Pushes Home Prices Higher
simplifyingthemarket.com According to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase. Dr. Frank Nothaft, Chief Economist for CoreLogic, gave insight into the reason be
The #1 Reason to Sell Now Before Spring
simplifyingthemarket.com The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. According to the National Association of Realtors (NAR), the supply of homes for sal...
5 Reasons to Love Using A Real Estate Pro [INFOGRAPHIC]
simplifyingthemarket.com Highlights: Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make! They are there for you to help with paperwork, understanding the process, negotiations, and helping you with pricing (both when mak
Homeownership: “The Reports of My Death Have Been Greatly Exaggerated”
simplifyingthemarket.com The famous quote by Mark Twain in the title of this article can be used to describe homeownership in America today. Last week, the Census revealed that the percentage of homeowners in the country increased for the first time in thirteen years. A story in the Wall Street Journal gave these new
Where Are Mortgage Interest Rates Headed in 2018?
simplifyingthemarket.com The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. E
Millionaire to Millennials: Don’t Rent a Home… Buy!
simplifyingthemarket.com In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to...
It's a great day for Asburn -- Trader Joe's is coming to One Loudoun! And it's right around the corner from my office!
theburn.com The first building permits are in the pipeline.
Whether You Rent or Buy, Either Way You’re Paying a Mortgage!
simplifyingthemarket.com There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazin...
lightersideofrealestate.com So what’s YOUR ideal home?
5 Reasons Homeowners Can Throw Better Super Bowl Parties! [INFOGRAPHIC]
simplifyingthemarket.com Highlights: Watching the big game at home with your friends & family offers many advantages. There’s more room to entertain a large crowd and you don’t have to worry about complaints to your landlord if you cheer too loudly! The kitchen is big enough to make as many appetizers as you
Bidding Wars Abound… How Long Will They Continue?
simplifyingthemarket.com Just like with any product or service, the law of supply and demand impacts home prices. Any time that there is less supply than the market demands, prices increase. In many areas of the country, the supply of homes for sale in the starter and trade-up home markets is so low that bidding wars hav
Study Shows “Millennials Deserve More Credit”
simplifyingthemarket.com When it comes to talking about millennials, there are many stereotypes out there that have influenced the way the public feels about the generation. Whether it’s the assumption that millennials are irresponsible with money and would rather buy avocado toast than save for a down payment, or that mi...
2 Major Myths Holding Back Home Buyers
simplifyingthemarket.com Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.” Myth #1: “I Need a ...
U.S. Housing Inventory Crunch Continues… List Your House Today!
simplifyingthemarket.com Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT N
5 Reasons Millennials Choose to Buy [INFOGRAPHIC]
simplifyingthemarket.com Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennial
If You’re Considering Selling, ACT NOW!!
simplifyingthemarket.com Definitely an aggressive headline. However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! How did we finish 2017? New-home sales were at their highest level in a decade. Sales of previous
It's official! Slapfish scheduled to grand open in Loudoun One in June!
theburn.com The company officially announced the news today.
Gap Between Homeowners & Appraisers Narrows to Lowest Mark in 2 Years
simplifyingthemarket.com In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 4% or more over the next twelve months. One major challenge in such a market is the bank appraisal. When prices
Why You Need a Professional on Your Team When Buying a Home
simplifyingthemarket.com Many people wonder whether they should hire a real estate professional to assist them in buying their dream homes or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional! You Need an Expert Guide If You Are Traveling a Dang...
Buying A Home Is More Affordable Than Renting In 54% Of US Counties
simplifyingthemarket.com According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” For the report, ATTOM Data Solutions compared recently released fair mark...
Where Did Americans Move in 2017? [INFOGRAPHIC]
simplifyingthemarket.com Some Highlights: Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017. Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by W
What Impact Will the New Tax Code Have on Home Values?
simplifyingthemarket.com Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months. Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from th
61% of First-Time Buyers Put Down Less than 6%
simplifyingthemarket.com According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and hav
Wondering If You Can Buy Your First Home?
simplifyingthemarket.com There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current
Thinking of Selling? Now is the Perfect Time
simplifyingthemarket.com It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the sp
The Impact Staging Your Home Has on Sales Price [INFOGRAPHIC]
simplifyingthemarket.com Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging. 50% of staged homes saw a 1-10% increase in dollar value offers from buyers. 77% of buyer’s agents said staging made it easier for buyers to v
93% Believe Homeownership Is Important in Attaining the American Dream
simplifyingthemarket.com Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that: “Owning a home remains a core element of the American Dream.” When asked “How important a part of the American dream is owning a home?” 18% o
FICO® Scores on Approved Home Loans Drop Again
simplifyingthemarket.com According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans. FHA and VA loans showed the most opportunity for millennials looking to enter the ma
The Impact of Tight Inventory on the Housing Market
simplifyingthemarket.com The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue t
712,000 Homes in the US Regained Equity in the Past 12 Months!
simplifyingthemarket.com CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%...
Here is how to protect your home from burst pipes during freezing weather.
4 Reasons to Sell This Winter [INFOGRAPHIC]
simplifyingthemarket.com Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the
Time on the Market Drops to New Low in 2017
simplifyingthemarket.com According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017. Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfec
Learn more about continuing to protect your personal information beyond the Equifax data breach.
moneytalksnews.com Fraud alerts that were requested after the Equifax data breach are ending. So consider these options for protecting yourself from fraudsters going forward.
The Benefits of Homeownership Go Beyond the Financial
simplifyingthemarket.com Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is i...
How Rising Prices Will Help You Build Family Wealth in 2018
simplifyingthemarket.com Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a y...
Here’s to a Wonderful 2018!
simplifyingthemarket.com We hope 2018 is a great year for you, both personally and professionally!
Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro [INFOGRAPHIC]
simplifyingthemarket.com Some Highlights: As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team! There are many benefits to using a local professional! Pick a professional who knows your local market and can help you a
There’s More to a Bubble Than Rising Home Prices
simplifyingthemarket.com What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened. “A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset�...
Homeowners with property tax bills above $10,000 rush to pay before the start of 2018
money.cnn.com The new tax bill that passed last week puts a cap on the amount you can deduct for state, local and property taxes at $10,000. Currently the deduction is unlimited.
Top 4 REAL Reasons We Buy a Home
simplifyingthemarket.com We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. W
A little planning goes a long way...
houselogic.com Here's what to look for when buying a house to make sure you don't make a huge mistake you'll regret. Get real estate buying tips from the pros who've seen it all.
Lendingmonk.com empowers consumers to make smart mortgage decisions and save thousands of dollars on their home mortgage.
Fairway Independent Mortgage Corporation NMLS #2289, (www.nmlsconsumeraccess.org) NMLS# 906357
As an experienced LO, I have the knowledge and expertise needed to make sure you obtain the best financing available. Exceeding expectations is my passion.
Atlantic Coast Mortgage - Loudoun Branch NMLS ID #1167353
Atlantic Coast Mortgage, LLC is an Equal Housing Lender LO NMLS # 529694 Branch NMLS ID #1167353|Company NMLS ID #643114 (www.nmlsconsumeraccess.org)
Embrace Home Loans can help with all your home financing needs, whether you're looking to buy or refinance. Visit our office in person, or give us a call to see how we can help you. www.embracehomeloans.com
Carolyn Flitcroft - Senior Home Loan Consultant - NMLS #389312 (www.nmlsconsumeraccess.org) Equal Housing Lender
Atlantic Coast Mortgage, LLC is licensed to serve D.C. Metro, MD, VA area & DE real estate markets. Company NMLS ID #643114 (www.nmlsconsumeraccess.org).