The residential real estate market has been red-hot for a while now but not many analysts are anticipating that low inventory, bidding wars, and rising home prices are going to stop anytime soon. There are signs, however, that things may have at least started to cool, especially with rising mortgage interest rates. Is this really […]
Home Buying Tips
Are Whisper Listings Really Happening?
America is in a seriously hot housing market and Whisper Listings are a rumor you may have heard about. Demand for houses doesn’t seem to be going anywhere, and home values are steadily rising with no signs of cooling down. This built-in demand combined with a distaste for the usual methods of selling property — […]
Title Insurance: Why You and Your Lender Want it
(Photo by Matthew Henry from Burst) Like all insurance, title insurance is about peace of mind. But do you really understand the importance of this insurance? This isn’t a policy that asks you to pay premiums for protection against unforeseen future risks. Instead, it’s a one-time fee that actually saves you from financial loss in […]
Tips to Avoid Mortgage Rejection
(Photo by Samantha Hurley from Burst) You’ve saved up for a deposit and worked with LIST WITH ELIZABETH® to find your perfect home, but you still need to avoid mortgage rejection. Maybe you were even pre-approved for a mortgage loan before you started the whole process. But now you need to solidify your mortgage to […]
Can You Opt-Out of an HOA?
There are more than 350,000 homeowner’s associations in the United States that oversee over half of all owner-occupied homes, so chances are, if you’re shopping for a new home, yours is bound to have an HOA, but can you opt-out of an HOA? With HOAs so prevalent, one might imagine joining one would always be […]
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 […]
What Are ‘Comps’ When Selling Your Home?
If you’re thinking of selling or buying a home in Northern Virginia, you’ve no doubt heard the term “comps.” So what are comps, and why are they important to know and understand when either pricing a home for sale or considering the terms of your offer? What Are Real Estate Comps? Real estate comps — […]
“Pandemic Greed” — Is It Real?
Pandemic Greed is a new term and something you should understand. It’s rather unique and maybe you’ve heard of it or maybe you haven’t. Maybe you heard that vintage cookware was selling well on online auction sites and started scouring your cupboards and basement. Or perhaps when the GameStop stock started rising you considered getting […]