Why Millennials Choose to Buy [INFOGRAPHIC]

Posted Posted in Blog, First Time Home Buyers, For Buyers, Infographics, Millennials, Move-Up Buyers

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” At 93%, the top reason Millennials choose to buy is to have control over […]

Millionaire to Millennials: Buy Now!

Posted Posted in Blog, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers

Self-made millionaire David Bach was quoted in a CNBC article explaining that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.” Bach went on to explain: “If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The […]

Renting or Buying… Either Way You’re Paying a Mortgage

Posted Posted in Blog, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained this month […]

A HELOC (Home Equity Line of Credit) Can Add a Liquidity Factor to Your DMV Real Estate

Posted Leave a commentPosted in Blog

We get used to hearing worried Wall Street commentators discussing the latest news. Starting with the worst nationwide January performance on record, even people without a lot of affected investments are aware of how ripples from that part of the finance world tend to reach almost everyone’s doorsteps. Washington, DC, Northern Virginia, and Maryland homeowners […]

When a Home Doesn’t Sell, Two Rules before Listing Again

Posted Leave a commentPosted in Blog

Suppose you had done everything right: interviewed several real estate agents and compared what they told you; prepped your property to near-perfection before the professional photographer’s arrival; confirmed all the descriptive details before they appeared in the listings…yet months later, the place still hadn’t sold. Your agent had done a reasonable job, it seemed—yet the […]

Notwithstanding Fed Rate Hike, Interest Rates will Stay Low in 2016, Says Freddie Mac: Slight Increase 2 Weeks in a Row

Posted Leave a commentPosted in Blog

Last week, the Federal Open Market Committee announced that it will raise rates for the first time since June 2006. Thought not unexpected, the Federal Reserve decision to end its nearly decade-long period zero interest rate policy, financial markets responded. Among other effects, the new Fed rate hike is expected to hit the housing market […]