With the Smithsonian Museums and many of the region’s other museums closed right now, people are exploring some of our neighborhood’s other rich offerings — and history lovers are finding a gem to learn about women’s history and suffrage nearby in Lorton, Va. What is the Lucy Burns Museum? The Lucy Burns Museum at the […]
Blog
How Important is Your Credit Score?
A credit score is a number — between 300–850 — that tells lenders a story about a consumer’s creditworthiness. Credit scores can be confusing even for the financially astute, but in general, the higher the score, the more attractive a borrower will be to potential lenders because it shows the lender you’re likely to repay […]
2021 Buyers Want Pools More Than Ever
There’s one backyard amenity that is helping homes to sell faster than ever this year. Buyers want pools more than ever in 2021! Prior to the pandemic, potential buyers of your house might have viewed an in-ground swimming pool as either a perk or a maintenance hassle. But now, everyone is clamoring to have a […]
Control Allergens in Your Home
It’s that time of the year for sniffles, sore throats, and headaches as the trees and flowers are in bloom. Spring isn’t easy on all of us, especially if we cannot control allergens inside the home. But while you might think that allergies are something related to the air quality outside your door, you should […]
What a Lumber Shortage Means for Home Prices
Lumber is a basic construction material for building new homes as well as renovations of existing homes. It may seem like lumber is an abundant resource, but in fact, there is currently a nationwide lumber shortage that is bringing many construction projects to a standstill. Lumber shortages are also driving up price, which is then […]
Mortgage Rates Rise Over 3% – What Happens Now?!
Uh oh! Mortgage rates are on the rise… sort of. In early March, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. While this news may be alarming to those who are looking to take advantage of historic low rates touted during the coronavirus pandemic, keep […]
Homeowner Equity and Wealth Accumulation
National homeowner equity grew in the fourth quarter of 2020 by $1.5 Trillion or 16.2% year-over-year based on a CoreLogic analysis. The study was done on the six out of ten homeowners who have mortgages on their home. The fourth quarter of 2020 also saw the number of mortgaged residential homes with negative equity decrease […]
Real Estate Investment: An True Investment in You
Buying a home in Springfield & Burke has traditionally been considered a sound real estate investment. Some would argue that it may even be a better investment than stocks! Now, second homes and rental properties aside — we’re talking about homes you plan to buy to live in yourself — the purchase of real estate […]