Samaan Properties

licensed Realtor and member of the Northern VA Association of Realtors. I work with homeowners, inves Peter is the guy that will make time for you.

Peter has been a Realtor since 2003 providing leading, cutting-edge, and expert service to buyers and sellers across Northern Virginia. Technologically savvy, well connected, organized, and caring, Peter will not only put the care and patience into your real estate needs to make you feel comfortable, he will also efficiently score you the deal you were looking for. With experience and intimate kno

Home Evaluation Estimate 05/28/2024

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

Home Evaluation Estimate How much is your home worth? Type your property address and get a quick home estimate.

05/28/2024

Stable Home Prices in the South in South Region as of May 2024
Contact me to discuss the latest scoop in real estate!

05/27/2024

Virginia's Most Affordable Counties

05/26/2024

Want To Buy a New Home and Keep Your Current Low Interest Rate? Try 'Porting' Your Mortgage
Contact me to discuss the latest scoop in real estate!

05/25/2024

Mortgage Rate Predictions for the Next Two Months
Contact me to discuss the latest scoop in real estate!

05/24/2024

Homeowners Spend Nearly $18000 a Year on Costs Aside From Their Mortgage
Contact me to discuss the latest scoop in real estate!

realtor.com® | Homes for Sale, Apartments & Houses for Rent 05/23/2024

Three important questions to ask now if you’re in the real estate market
 1. Should I Wait To Sell?
If you’re thinking about waiting to sell until after mortgage rates come down, here’s what you need to know. So are a ton of other people.

And while mortgage rates are still forecasted to come down later this year, if you wait for that to happen, you may be dealing with a lot more competition as other buyers and sellers jump back in too. As Bright MLS says:

“Even a modest drop in rates will bring both more buyers and more sellers into the market.”

That means if you wait it out, you’ll have to deal with things like prices rising faster and more multiple-offer scenarios when you buy your next home.

2. Are Buyers Still Out There?
But that doesn’t mean no one is moving right now. While some people are holding off, there are still plenty of buyers active today. And here’s the data to prove it.

The ShowingTime Showing Index is a measure of how frequently buyers are touring homes. The graph below uses that index to show buyer activity for March (the latest data available) over the past seven years:No Caption Received

You can see demand has dipped some since the ‘unicorn’ years (shown in pink). That’s in response to a lot of market factors, like higher mortgage rates, rising prices, and limited inventory. But, to really understand today’s demand, you have to compare where we are now with the last normal years in the market (2018-2019) – not the abnormal ‘unicorn’ years.

When you focus on just the blue bars, you can get an idea of how 2024 stacks up. And that gives you a whole new perspective.

Nationally, demand is still high compared to the last normal years in the housing market (2018-2019). And that means there’s still a market for your house to sell.

3. Can I Afford To Buy My Next Home?
And if you’re worried about how you’ll afford your next move with today’s rates and prices, consider this: you probably have more equity in your current home than you realize.

Homeowners have gained record amounts of equity over the past few years. And that equity can make a big difference when you buy your next home. You may even have enough to be an all-cash buyer and avoid taking out a mortgage altogether. As Jessica Lautz, Deputy Chief Economist at the National Association of Realtors (NAR), says:

“ . . . those who have earned housing equity through home price appreciation are the current winners in today’s housing market. One-third of recent home buyers did not finance their home purchase last month—the highest share in a decade. For these buyers, interest rates may be less influential in their purchase decisions.”

Bottom Line
If you’ve had these three questions on your mind and they’ve been holding you back from selling, hopefully, it helps to have this information now. A recent survey from Realtor.com found more than 85% of potential sellers have been considering selling for over a year. That means there are a number of sellers like you who are on the fence.

But that same survey also talked to sellers who recently decided to take the plunge and list. And 79% of those recent sellers wish they’d sold sooner.

If you want to talk more about any of these questions or need more information, contact a real estate agent.

realtor.com® | Homes for Sale, Apartments & Houses for Rent Search homes for sale, new construction homes, apartments, and houses for rent. See property values. Shop mortgages.

05/22/2024

Salary You Need to Buy a Virginia Home in 2024

05/21/2024

Rising Prices Pose Affordability Concerns for Buyers in Virginia as of May 2024
Contact me to discuss the latest scoop in real estate!

Ask Me Anything 05/21/2024

Ask Me Anything!
Have questions about real estate but not sure where to start?

Ask Me Anything Have questions about real estate but not sure where to start?

05/20/2024

Honoring Our Nation's Heroes on Memorial Day.

05/20/2024

Top 5 US Cities for Middle-Class Comfort

05/19/2024

Fairfax County Board of Supervisors increase homeowners taxes
Contact me to discuss the latest scoop in real estate!

05/18/2024

Arlington County Market Update

05/17/2024

Fairfax County Board of Supervisors vote to raise taxes, fees on residents
Contact me to discuss the latest scoop in real estate!

05/16/2024

Virginia: Best States for Homeowners Insurance

05/15/2024

Virginia Housing Market: Sales Slow, Prices and Rates Rise

Home Evaluation Estimate 05/14/2024

Want to know which homes you could buy with your current rent?
Type your details and get a quick suggestions.

Home Evaluation Estimate Which Home You Can Buy? Type your details and get a quick suggestions.

05/14/2024

Stable Average Prices in Fairfax County as of March 2024
Contact me to discuss the latest scoop in real estate!

05/13/2024

Why Hire a Property Attorney?

05/12/2024

Climbing Prices / Mortgage Rates Dampen VA's Spring Housing Market
Contact me to discuss the latest scoop in real estate!

05/12/2024

Happy Mother’s Day

Top 10 Cheapest Places To Live In Fairfax County, VA | ZeroDown 05/11/2024

Top 10 Cheapest Places To Live In Fairfax County, VA | ZeroDown
Contact me to discuss the latest scoop in real estate!

Top 10 Cheapest Places To Live In Fairfax County, VA | ZeroDown

05/09/2024

Federal Reserve says interest rates will stay at two-decade high until inflation further cools
Contact me to discuss the latest scoop in real estate!

05/08/2024

Stable Average Prices in Fairfax County as of February 2024
Contact me to discuss the latest scoop in real estate!

05/03/2024

Virginia First-Time Buyer: 2024 Programs and Grants

05/01/2024

When does a home equity loan make sense?
Contact me to discuss the latest scoop in real estate!

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Videos (show all)

Stable Home Prices in the South in South Region as of May 2024Contact me to discuss the latest scoop in real estate! #vi...
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Mortgage Rate Predictions for the Next Two MonthsContact me to discuss the latest scoop in real estate! #virginia #virgi...
Homeowners Spend Nearly $18000 a Year on Costs Aside From Their MortgageContact me to discuss the latest scoop in real e...
Salary You Need to Buy a Virginia Home in 2024#virginia #virginiahomes #virginiahousing #virginiarentals #virginiarealto...
Rising Prices Pose Affordability Concerns for Buyers in Virginia as of May 2024Contact me to discuss the latest scoop in...
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Top 5 US Cities for Middle-Class Comfort#virginia #virginiahomes #virginiahousing #virginiarentals #virginiarealtor #vir...
Fairfax County Board of Supervisors increase homeowners taxesContact me to discuss the latest scoop in real estate! #vir...
Arlington County Market Update#virginia #virginiahomes #virginiahousing #virginiarentals #virginiarealtor #virginiareale...
Fairfax County Board of Supervisors vote to raise taxes, fees on residentsContact me to discuss the latest scoop in real...

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