Mortgage Interest Rates Hit All Time Low at 3.29%
Mortgage interest rates have never been lower than right now. No, really! The current average 30-year fixed rate mortgage is 3.29% and that is the lowest level seen in…
Is The Perfect The Enemy Of The Good In House Hunting?
You may have heard of the expression - "Don't let the perfect be the enemy of the good" - and here are a few other similar phrases from philosophers over the ages…
Buyers Of Expensive Homes Are Often Less Willing To Negotiate On Other Home Criteria
Sometimes, if you can't find data to analyze to demonstrate a market dynamic, you should just make up the data or chart. Right? ;-) Well, not necessarily, but maybe just…
Typical Obstacles Between Contract and Closing
While every home sale is different -- with unique contingencies based on the needs and situations of the buyer and seller -- there are three main hurdles that most buyers…
March Is Here, New Listings Will Be Coming, Get Ready To Pounce
The market is moving QUICKLY -- homes are often going under contract in a matter of days instead of weeks -- so it is essential that you know about new listings…
Should Buyers In A Low Inventory Market Consider the Purchase of Foreclosures?
With some regularity, I am asked by potential purchasers how they would go about buying a foreclosure. First, here is a list of upcoming foreclosure sales, but more…
Tips For Townhouse Buyers In A Competitive Market
Over the past few months I have listed several townhouses for sale that went under contract quickly after a LOT of showings in a very short timeframe. For one such recent…
Fee Structure Proposed for Property Owners in Lake Shenandoah Watershed
download a high resolution PDF here The Lake Shenandoah Stormwater Control Authority (currently made up of the members of the Rockingham County Board of Supervisors) have…
Balancing Realistic and Optimistic Pricing Strategies
Pricing a home in a low inventory, fast moving, market can be tricky... REALISTIC... I'm a firm believer that the best indication of the price for which your house is…
A Full Price Offer Does Not Always Win Negotiations
I don't play poker regularly - though I have played it a few times lately with my kids. When I do play, I can become caught up in my excitement to see a strong hand. Wow!…
How Much Are Sellers Negotiating On Price These Days?
If you're looking to buy a home under $250K, should you only consider homes priced at or below $250K? Probably not - some sellers of homes priced above $250K will…
Flirting With Selling A Rental Property
Depending on your short and long term financial goals - you may want to list your rental property for sale for one month between tenants... In a recent conversation with…