Homes have been flying off the market because the supply is so low and buyers greatly outnumber sellers in most markets. Many people are jumping into the market in hopes of becoming a homeowner before mortgage rates rise. Let’s say rates do rise a full 1 percent by the end of the year. How much … Read more
Buying a home can be a daunting process. For first-time homebuyers, buying a home is typically the biggest financial decision they have ever made. My goal for this post is to provide a brief but clear picture of the homebuying process. I am a licensed realtor in Virginia. Some steps may be slightly different in other … Read more
“Should I rent or buy?” As a realtor, I get asked some form of this question often enough from people in my age group (late 20s / early 30s) that I thought I should address it in a blog post. Many people feel that renting is like throwing away money or paying someone else’s mortgage for them. … Read more