Wednesday, April 29, 2015

Home Owner Tip: Save money by paying your mortgage off early


Buying a home is often the biggest financial choice most Americans will make in their lifetime. In addition to providing a stable secure place to live for years to come, your home is also a wealth building tool, as the equity in your home grows over the years. While your monthly mortgage payment is something you may "set and forget", taking steps to pay down your home loan faster can save you a lot of money in the long term. What it boils down to: make a habit of sending your lender more than the minimum amount. Finance Guru Dave Ramsey recommends a few simple ways to think about how you can pay down your mortgage more quickly in this blog post.

Monday, April 20, 2015

Northern Virginia Real Estate Market Update



The Northern VA market continues to improve 
as the median home price in Fairfax County was $461,00 for March 2015, up 2.8% from March 2014.

The DC regional housing market is strong. The median sales price in March in the DC Metro Area was up to $400,000 - the highest March level we've seen since 2007.

Interest rates remain stable and under 4% - helping buyers enter the market, and saving money for home owners who are ready to refinance.

Personally, I’ve been seeing multiple offers in the past couple of weeks on properties that are priced right for their condition! Things are moving quickly this spring, as buyers and sellers have both turned out in force. Everyone’s been busy.