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Real Estate Broker with Real Estate Broker with Keller Williams, Kingstowne, 6408 Grovedale Dr #101, Alexandria, VA 22310, 703-562-1800.
It was a wonderful week with amazing people!
11/09/2023
Prices increased 0.9 percent in August from the month prior, according to the S&P CoreLogic Case-Shiller US National Home Price Index - the leading measure of US house prices.
What housing crash? US home prices went up for the seventh consecutive month in August - here are the cities where property values are rising (and falling) fastest Mortgage rates are at a multi-decade high - with the average 30-year fixed-rate deal hovering around 7.79 percent, according to Government-backed lender Freddie Mac. Soaring mortgage rates, and historically low inventory, have continued to push up home prices in the majority of the country's 20 bigg...
11/08/2023
Homeowners shopping for a new place can adopt a variation on the piggyback strategy: using a home equity loan/credit line for the second, smaller mortgage.
Piggyback loans: What they are and how they work If you don’t have enough in your personal piggy bank for these expenses, you might be a candidate for a piggyback loan. Also called an 80/10/10 or combination mortgage, it involves simultaneously getting two loans to buy one home.
11/07/2023
Want to speed up your retirement savings so you can retire even faster?
Deal Deep Dive: 2 Real Deals in 2023 That’ll Build Your Retirement Nest Egg With the right out-of-state rental properties, you can have consistent cash flow coming in every month, along with tens of thousands, if not hundreds of thousands, in equity from properties you bought this year!
11/06/2023
The longstanding title insurance requirement for mortgages backed by the GSEs exists for good reason.
Replacing Title Insurance In the Mortgage Market Is a Slippery Slope Without title insurance, the buyer or lender could be exposed to liability from the previous owner’s back taxes, outstanding liens, fraudulent and disputed property claims, and any number of issues that arise with the legal transfer of title.
11/05/2023
We spoke with three investing experts about their strategies for building and maintaining a successful real estate investing business—regardless of the challenges the market might present. Here are their best tips.
How to Navigate Today’s Real Estate Market—Top Tips From Three Expert Investors From inflation to interest rate hikes to low inventory and elevated prices, today’s market can give some real estate investors pause. Industry volatility can set off emotional reactions in investors who haven’t fortified themselves against the ups and downs of the market. Navigating these fluctu...
11/04/2023
Other trendy features like doorbell cameras, open shelving and soapstone countertops help homes sell faster.
Selling your home? These are the trendy features that buyers will pay more for A new report from Zillow found amenities like steam ovens or she sheds – a renovated shed that's the equivalent of a man cave – can increase a home's price by as much as 5.3% compared to similar listings. That’s an additional $17,400 on a typical U.S. home.
11/03/2023
Has the paradigm shifted so radically that it makes more sense to begin making passive income investments before buying your first home?
The Case For Investing In Income Property Before Buying Your First Home Would-be homebuyers in America are finding themselves caught in a wicked squeeze play, with high-interest rates and even higher prices combining to severely limit their buying power. This is changing the nature of homebuying, especially for first-time buyers or people looking for an affordable start...
11/02/2023
The average down payment on a house for a first-time buyer is just 6 percent.
What is the average down payment for first-time homebuyers? You don't need to put 20 percent down on a home — the minimum down payment for a house for a first-time buyer can be much lower.
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05/13/2024