Michael D Snow - Managing Broker with Pearson Smith Realty
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Leesburg
22192
43777 Central Station Dr #390
Central Station Drive
Central
Central Station Drive
Central Station Drive
Pearson Smith Realty 43777 Central Station Drive
20147
Central Station Drive
Central Station Drive
Central Station Drive
20147
Lee Highway, Fairfax
Central Station Drive
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Michael Snow - Managing Broker
Pearson Smith Realty
VA License - 0225198696DC License - SP98374341

What would you do with this land?

Thank you Champion Title & Settlements, Inc. for the real time data!

Real Estate Still Holds the Title of Best Long-Term Investment With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting.

Some good news!

NAR Chief Economist Lawrence Yun reacts to the latest jobs report.
😯

Inventory is low and rates are high…but once mortgage rates start to come down the competitiveness of the market will increase with new buyers entering. In turn, this will drive prices back up potentially making the monthly payments equal to today. Very interesting dynamic in the industry right now.
The housing market’s big challenge: Consumers are feeling 'more distressed’ Homebuilder Lennar noted on its post-earnings conference call that the consumer is "definitely feeling a little bit more distressed" in the face of sticky inflation.


Open Saturday and Sunday 1pm to 3pm!
43379 Southland St Welcome to your dream townhome in the highly desirable Westmoore at Moorefield! This stunning home boasts 4 spacious bedrooms and 4.5 luxurious bathrooms, along with a versatile loft space perfect for your needs. Step into the gourmet eat-in kitchen, complete with stainless steel appliances, an over...

Now that’s a lot of houses 🏘️
One thousand homes proposed for Dulles Town Center mall Back in May, we reported on how the land where the Chuck E. Cheese restaurant sits in Sterling could be turned into 76 residential units. That's just outside the Dulles Town Center shopping mall. Now,

Caitlin pays $500 per month with no utilities fee for a bunker she rented from a friend.
“My friend bought a house a couple years ago, and it came with a bunker,” she explains. “I just pitched the idea, ‘Hey, why don’t you just rent it to me? And then when you guys want to sell the place, we’ll know that everything’s in good working order down there.'”
The bunker was built in 2012 and is a little over 1,100 square feet. While most bunkers remain uninhabited “backup plans” rather than current residences, some desperate house hunters like Caitlin see them as a place to survive and wait out today’s high-priced housing market headwinds.
Full story: https://rltor.cm/l3oe6r

This is creative 😄
In July 2023, Etienne Constable, got a peculiar notice from Seaside, a small coastal town south of San Francisco. The city demanded he hide his boat, parked in his driveway, from view or face fines up to $500.
Thinking outside the box, Constable roped in his neighbor, artist Hanif Panni, to craft a cheeky solution: a fence painted with a lifelike mural of the boat itself.
“He asked, ‘Wouldn’t it be funny if we did this?’” Panni told Business Insider. Constable, who’s lived in his home for 29 years, had always parked his boat trailer in his driveway without issue. But Seaside’s sudden crackdown on zoning violations left him baffled.
“Before last July, I was never aware of it,” Constable said, noting that the city’s Title 17 Zoning Ordinance Code requires boats to be enclosed by a six-foot fence, though it had rarely been enforced.
Early 2023 saw Seaside ramp up its code enforcement, sending letters to residents, including Constable. “I was surprised and angry since I’ve had a boat trailer there almost my entire time here.” he said.
Panni painted the mural for much less than the potential fines, and their inventive fix sparked a social media sensation. “I’ve got other residents now asking for similar murals,” Panni said. “It’s hilarious and inspiring so much conversation.”
Surprisingly, city leaders loved the defiant art. In May, Police Chief Nick Borges, also acting city manager, visited Constable to praise the mural.
“We’re not taking any action,” Borges told local news. “The only action I’m taking is a high five.”
Source: Business Insider
Browse more stories: https://rltor.cm/dz2mrj

Home Prices Soar To All-Time High—Here Are The Fastest-Growing Cities The steepest price hikes weren’t found in New York, San Francisco or L.A. — prices climbed highest in San Diego, Detroit, and Chicago in February.
Always learning!!

One of the best ever!

How to use Canva in your real estate business training happening now at PSR HQ!

Home Buyers Are Shopping Again and Finding More Options Buyers are seizing on the recent reversal in mortgage rates below 7%.

Jeff Bezos acquired a $79 million residence in the most exclusive village in America, following his previous purchase of a $68 million mansion on the island.
Link in comments.

Mortgage rates are plummeting. Should homebuyers jump into the market? Homebuyers could realize thousands in gains but the approach carries risks, experts said.

https://www.newsbreakapp.com/n/0qSd1Kra?pd=0EtKhj3m&lang=en_US&s=i16&send_time=1703799146
Mortgage rates slide to lowest since May - Freddie Mac - NewsBreak (Reuters) - The interest rate on the most common type of U.S. home loan fell for a ninth straight week this week to close out the year at their lowest level since May, according to data released Thursday by Freddie Mac.

What it's like to buy and live in a neighborhood known for its Christmas displays For many homeowners, living on a Christmas block is more than putting up decorations and stringing lights each year – it’s a lifestyle they buy into before they even move in.

Mortgage rates fall below 7% for the first time in months with experts believing more declines to come The average rate on the 30-year mortgage dropped to 6.95% from 7.03% the week before, according to Freddie Mac.

Where my Swifties at!!
We had such a great time at Pearson Smith Realty's first pickleball tournament! Shout out to Champion Title for sponsoring :)

🎅

Mortgage demand from homebuyers gets a boost as interest rates continue to fall Mortgage applications to purchase a home increased 5% for the week but were still 19% lower than the same week one year ago.

Home prices again clock in a record high in September despite higher mortgage rates The S&P CoreLogic Case-Shiller National Home Price Index increased 0.7% in September from August.

Where To Cut A Christmas Tree Around Ashburn Thanksgiving has come and gone. Many Ashburn residents will now turn their eyes toward cutting down a Christmas tree.

See The Luxury Homes CEOs And Founders Have Put On The Market This Year Fashion founders, tech CEOs and billionaire entrepreneurs have all listed ultra-luxe homes for sale this year.
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Century 21 Redwood Realty/44095 Pipeline Plaza, Suite 300
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For over 20 years, I've helped people buy and sell homes and I would love to help guide you through your next move. As a Loudoun County resident since 1996, I have extensive knowle...
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Real estate consultant serving Virginia and DC.
Pearson Smith Realty 43777 Central Station Drive Ste 300
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Friendly, hardworking REALTOR® helping clients in the Northern Virginia and Eastern Panhandle of West Virginia areas to find their dream home. Available to help assist with buying,...
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43777 Central Station Drive
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🏡 Real Estate Team based in NOVA 🤝 Partnered with Buy1Build1 (nonprofit) 💸 10% goes to build homes i
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Reliance Realty & Property Management is a full service real estate brokerage company specializing i