Over the past 10 years, the number of all-cash home purchases has increased nearly 5 percent in Arlington, with year-to-date all-cash sales (through October 2019) coming in at 18.4 percent. Combine that with limited inventory, rising home prices, and the Amazon headquarters growth, and you’ve got the potential for an increasingly challenging and competitive homebuyer market in … [Read more...] about All-Cash Home Sales Climb in Arlington, Remain Steady in Alexandria
DC Region Real Estate Gets Rave Reviews!
More rave reviews for our first class service: "My wife and I recently sold our Alexandria home with the help of Chris Prawdzik and his wife, Angela Logomasini ... Selling a home is never truly an easy decision or process – especially when living overseas, as we are – and we thought that we’d initially list the home “By Owner” to gauge any interest. Within a couple weeks of … [Read more...] about DC Region Real Estate Gets Rave Reviews!
Higher Prices, Inventory, and Low Rates Benefit Both Buyers and Sellers
Home prices are up, but so is inventory in Northern Virginia, which is proving to help both buyers and sellers as we move into the dog days of summer. With 30-year fixed rates as low as 3.8 percent, conditions are ripe for continued steady activity as we head into the fall. Although average home sale prices in June for Northern Virginia were virtually unchanged from June … [Read more...] about Higher Prices, Inventory, and Low Rates Benefit Both Buyers and Sellers
VA Loans Offer Great Benefits for Veterans
Among the variety of loan choices for hopeful home buyers, a good bet could be a VA loan for current and former service members in good standing. But some may not know the ins and outs of a VA loan, so we thought we’d highlight some VA loan features. To do so, we contacted our friend Eric Boutcher, team loan officer at Atlantic Coast Mortgage LLC, to fill us in on how a VA … [Read more...] about VA Loans Offer Great Benefits for Veterans
Contingencies Allow You To Ease Into Your Home Purchase
That hint of angst, uncertainty, and hesitation a homebuyer might feel before signing an offer on a new home is common. But don't fret. Even with a ratified contract, a buyer still may legitimately get out of a contract through a number of release points—or contingencies—that protect buyers and sellers from surprises and unforeseen problems. They actually help turn the path to … [Read more...] about Contingencies Allow You To Ease Into Your Home Purchase
