Guillermo M. Salmon, Realtor

Guillermo M. Salmon, Realtor

REALTOR® licensed at Pearson Smith Realty.

Rent | Buy | Sell | Invest

simplifyingthemarket.com

Are We About to Enter a Buyers’ Market?

#StateoftheMarket #RealEstateMarket #Sellers #Buyers #RealEstate #RealEstateInvestment #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

simplifyingthemarket.com Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening...

The buying process can be a bit overwhelming at first. In order to know what to expect in regards to deadlines, negotiation points, and the different inspection periods, I highly suggest everyone meet with their Real Estate professional for an initial consult at the beginning stages of the home search. The goal of this meeting will be to bring clarity and make sure everyone is on the same page going forward. #Buyingahome #terminology #RealEstate #RealEstateGoals #RealEstateLife #DMV #NOVA #NOVARealEstate #SalmonHomes

There are other variables to consider such as unexpected home repairs, but renting will really cost you long term. #Investments #RentvsBuy #RealEstateInvestment #RealEstate #DMV #NOVA #NOVARealEstate #SalmonHomes

When you are competing and doing whatever you can to get your clients offer to stand out!
#Negotiations #Realtor #RealtorLife #RealtorHumor #RealEstate #RealEstateAgent #RealEstateConsultant #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

Go grab your Redskins season schedule magnets at the Bristow Barbershop. Also, ask for the Salmon Homes discount for $2 off your already fairly priced hair cut! **Limited Time Only** My friend LU is the owner there and one of the best Barbers in town! #Redskins #WashingtonRedskins #Bristow #BristowVA #NokesvilleVA #GainesvilleVA #HaymarketVA #ManassasVA #PrinceWilliamCounty #LocalBusiness #SupportLocalBusiness #NorthernVirginia #NOVA #DMV #BusinessPartnerships #RealEstate #NOVARealEstate #SalmonHomes

#MondayMotivation

Have You Outgrown Your Starter Home?

For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment.

It may seem hard to imagine that the first home you purchased (which made your dreams come true) might not be the home that will allow you to achieve the rest of your dreams. The good news is that it’s ok to admit that your home no longer fits your needs!

According to CoreLogic’s latest Home Price Index, prices in the starter home market have appreciated faster than any other category over the last year, at 9.4%. At the same time, inventory in this category has dropped 14.2%.

These two stats are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.

This is great news if you own a starter home and are looking to move up to a larger home as the equity in your home has risen as prices have gone up. Even better is the fact that there is a large pool of buyers out there searching for your starter home to help them achieve their American Dream!

If you have outgrown your starter home, let’s get together and discuss the market conditions in our area and help you find your next home!

#Family #GrowingFamily #Home #ForeverHome #StarterHome #RealEstate #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

#Summer #Infographic #HomeSales #Sellers #MarketUpdate #StateoftheMarket #RealEstate #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

#Infographic #Schools #SchoolDistrict #Knowledge #HomeBuyers #Resell #Kids #Investment #RealEstate #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

#Infographic #Mortgage #MortgageLoans #KeepCurrent #Budget #firsttimehomebuyer #RealEstate #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

“I am taking my talents to South Beach!” 🤣😂 #RealEstateHumor #RealEstate #Sellers #FSBO #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

#infographic #homestaging #interiordesign #RealEstate #RealEstateInvestment #DMV #NOVA #NOVARealEstate #NorthernVirginia #SalmonHomes

Rising interest rates have not dampened demand!

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment.

First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), in which they surveyed title and real estate agents across the country about the impact of rising rates on first-time homebuyers.

Real estate professionals around the country have not noticed a slowdown in demand for housing among young buyers; nearly 93% of all first-time homebuyers last quarter were between the ages of 21-35, with the largest share of buyers (51%) coming from those ages 26-30.

First American’s Chief Economist Mark Fleming had this to say,

“On a national level, mortgage rates would need to hit 5.6%, 1 percentage point above the current rate, before first-time homebuyers withdraw from the market.”

So, what is slowing down sales?
According to the last Existing Home Sales Report from the National Association of Realtors, sales are now down 3.0% year-over-year and have fallen for the last three months. If rising interest rates aren’t to blame, then what is?

Fleming addressed the cause, saying that:

“The housing market is facing its greatest supply shortage in 60 years of record keeping, according to the Federal Reserve Bank of Kansas City. The ongoing housing supply shortage will make it difficult for first-time buyers to find a home to buy, even when they are financially ready.”

#RealEstate #RealEstateMarket #firsttimehomebuyer #interestrates #housingmarket #keepcurrent ##DMV #NOVA #NOVARealEstate #NorthernVirginia #SalmonHomes

The interest rate on your mortgage has a big impact on your monthly payment! #Mortgage #InterestRate #infographic #firsttimehomebuyer #RealEstate #DMV #NOVA #NOVARealEstate #SalmonHomes

Happy 4th of July everyone!

Who else wants a pot filler in their #kitchen? #RealEstate #NorthernVirginia #NOVA #DMV #SalmonHomes

Not all home renovations are worth doing when it comes to the return on your investment. Before making improvements for resell consult with your team of professionals to maximize value. #ReturnOnInvestment #ROI #Investments #RealEstateInvestment #Home #RealEstate #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

simplifyingthemarket.com

Are Lending Standards Too Loose…or Too Tight?

simplifyingthemarket.com With home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards for mortgage credit. In a study done at the Universi

simplifyingthemarket.com

4 Reasons Why Summer Is a Great Time to Buy a Home!

#Summer #Summer2018 #Buyahome #RealEstate #RealEstateMarket #DMV #NorthernVirginia #NOVA #NOVARealEstate #NOVARealtor #SalmonHomes

simplifyingthemarket.com Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to increase at a rate o

😂 🤣 Who’s watching game 2 tonight? #NBAFinals #Game2 #ClearToClose #Mortgage #RealEstate #RealEstateHumor #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

simplifyingthemarket.com

Millennials Are Skipping Starter Homes for Their Dream Homes

The numbers on this article should be skewed higher in the DC Metro Area, but a great informative article! Check it out! #RealEstate #RealEstateTrends #RealEstateMarket #Millennials #firsttimehomebuyer #DMV #NorthernVirginia #NOVA #NOVARealEstate #NOVARealtor #SalmonHomes

simplifyingthemarket.com A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes. What’s a Starter Home? According to the National Association of Realtors (NAR), simply put, a

It always feels good to put up the ”SOLD” rider! #Investments #RealEstate #RealEstateInvestment #RealEstatePortfolio #DMV #NorthernVirginia #NOVA #NOVARealEstate #NOVARealtor #SalmonHomes

simplifyingthemarket.com

Why Have Interest Rates Jumped to a 7-Year High?

#RealEstate #RealEstateMarket #InterestRates #Mortgage #MarketTrends #StayInformed #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

simplifyingthemarket.com Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to

simplifyingthemarket.com

Renters Under 50 Want to Buy a Home!

Call or DM me to explore the possibilities of buying a home further.

simplifyingthemarket.com Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section of the s

#Infographic #Statistics #FirstHome #Millennials #firsttimehomebuyer #RealEstate #Investment #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

My clients are thinking of putting an offer on this beautiful home with lots of great detail. What is your favorite feature in a home? My wife loves custom stair cases, and I enjoy over-sized islands in the kitchen. #RealEstate #DMV #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

simplifyingthemarket.com

Home Inspections: What to Expect

#HomeInspections #RealEstate #NorthernVirginia #NOVA #SalmonHomes

simplifyingthemarket.com So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or

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Are thinking about buying a home and don’t know where to start? Let me make the process easy for you! Call or PM me and get your questions answered today! #RealEstate #Buyingahome #NorthernVirginia #NOVA #SalmonHomes

simplifyingthemarket.com

Rising Prices Help You Build Your Family’s Wealth

simplifyingthemarket.com Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% 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...

simplifyingthemarket.com

What Should You Look for In Your Real Estate Team?

simplifyingthemarket.com How do you select the members of your team who are going to help make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic that you should be looking for in your agent is someone who is

searchallproperties.com

COMING SOON - Bristow

Coming Soon! We go live Wednesday April 11th. Please reach out for more information!

searchallproperties.com Get the current price, photos, details and more now!

Coming Soon: Single Family home in the wonderful Kingsbrooke community of Bristow, VA. This home sits at the end of a quiet cul-de-sac and features 4 bedrooms, 3.5 bathrooms, and an upgraded kitchen! The basement has a wet bar and built-in surround sound that is perfect for entertaining! The front porch and the oversized deck in the back yard will have you spending countless hours outside! Bristow Run Elementary, Gainesville Middle, and Patriot High School pyramid!
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13460 Dairy Court Bristow, VA 20136 - $484,900 -
For more information call, PM, or email g.salmon@pearsonsmithrealty.com

simplifyingthemarket.com

NOT Owning Your Home Can Cost You a Lot of Money!

I hope you enjoy this brief article with good insight. #RealEstate #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

simplifyingthemarket.com Owning a home has great financial benefits, yet many continue to rent! 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. Realtor.com recently reported that: “Buying remains the more attractive option

My little girls got a chance to tour my latest listing. #Salmongirls #ComingSoon #StayTuned #BristowVA #RealEstate #NorthernVirginia #NOVA #NOVARealEstate #NOVARealtor #SalmonHomes

Looking to sell you home soon? Start preparing with these easy to-do items first! #RealEstate #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

simplifyingthemarket.com

Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

I’m glad we are not in the early 80’s right now! 🙏

simplifyingthemarket.com Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year.

simplifyingthemarket.com

Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years

simplifyingthemarket.com If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the l

simplifyingthemarket.com

7 Factors to Consider When Choosing A Home to Retire In

Great article if you or a family member are considering a new home to retire in. #RealEstate #Retirement #Babyboomers #NorthernVirginia #NOVA #NOVARealEstate #SalmonHomes

simplifyingthemarket.com As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to ...

Don’t forget to set your clocks forward tomorrow! #SpringForward #SpringMarket #RealEstate #DMV#NorthernVirginia #NOVA #NOVARealEstate #NOVARealtor #SalmonHomes

simplifyingthemarket.com

Housing Market Expected To "Spring Forward" This Year

simplifyingthemarket.com Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until ...

simplifyingthemarket.com

Are Home Values Really Overinflated?

simplifyingthemarket.com Last week, the National Association of Realtors (NAR) released their most recent Existing Home Sales Report. According to the report: “The median existing-home price for all housing types in January was $240,500, up 5.8 percent from January 2017 ($227,300). January’s price increase marks the 71s...

#Mortgage #Infographic #RealEstate #NorthernVirginia #NOVA #NOVARealEstate #DMV #SalmonHomes

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43777 Central Station Drive
Ashburn, VA
20147
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