Category: Buying a Home

Buying a Home in Northern Virginia Has Many Advantages Over Renting

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Buying Requires Less Income Than Renting

Tired of being a renter and getting what seems like a less than ideal living situation than you’d like? If you’ve ever thought of becoming a homeowner, now might be the time to start thinking seriously about the advantages of buying a home instead of renting. Interest rates are again at all-time lows pushing
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Is the Northern Virginia Housing Market Signaling a Bubble? Context Means Everything.

Majority of Home Sellers & Buyers Worry About a Housing Bubble & Price Crash

Naturally, home sellers and buyers are often concerned about home prices. It’s an asset class they either own or are considering owning. This concern becomes even greater when the impacts of the Great Recession and 2008 housing collapse are still visible in the rearview mirror for  …  Read More

Zillow’s Zestimate Is Frequently Wrong in Northern Virginia; Unhelpful to Buyers, Sellers & Renters

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Zillow’s Inaccuracy Frustrates Consumers & Company CEO

So much so that Zillow has been accused of misleading and irresponsible home price estimates that have hurt both home buyers and sellers. Certain complaints have risen to the level of class-action lawsuits filed against Zillow in federal court. These court briefs outline that Zillow’s Zestimates are consistently inaccurate by anywhere from 6%  …  Read More

What Qualifies as a Legal Bedroom in Virginia?

The definition of a legal bedroom in Virginia is typically determined by local municipality zoning codes as generally established by the International Residential Code (IRC). The definition can vary by jurisdiction, building type and zoning for a particular lot. The requirements for a legal bedroom can be confusing and often times misunderstood by consumers. A universal requirement and general starting  …  Read More

Mortgage Rates Nearing Historic Lows in Northern Virginia. Opportunity Strikes Again!

  • It’s amazing how many times a once-in-a-lifetime opportunity comes around. But here we are again with mortgage rates nearing historic lows.
  • People who need to pay the most attention are the one-third (1/3) of homeowners who could currently benefit from refinancing. Not to mention buyers sitting on the sidelines deciding when is the right time to purchase a home.
  • It’s fairly unprecedented
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