Key Takeaways: Oil and gas prices are the highest in United States history! Individuals and families are shifting how they think about housing, from suburban versus urban to downsizing or going multigenerational. It’s critical to work with an agent who understands the right fit for you and your family. Record-high oil and gas prices are […]
The Top 5 Signs You’re Ready to Stop Renting and Buy Your First Home
Key Takeaways: Buying your first home is a big step, but it’s easy to know when you’re ready Evaluate your entire financial picture, including how much rent is costing you You can count on us: we’re here to help you transition into homeownership! To Buy, Or Not to Buy? Here’s the Answer Timing, as they […]
Home Sellers: When Should You Reduce Your Listing Price?
Key Takeaways Even in a seller’s market, you may still need to reduce your price Consider if you’ve tried everything else before a price reduction Make sure to seek the advice of your trusted realtor–we’ve seen it all before! Even in a competitive seller’s market like the one we’re in right now, listing your home […]
Top 3 First-Time Home Seller Questions & Answers
Key Takeaways First-time home-sellers need an accurate value before listing. Sellers need to make smart choices on repairs and staging. Offers are evaluated on multiple factors, not just price. The three most common questions first-time sellers ask our real estate team. It’s common to be overwhelmed by the number of questions you inevitably run into […]
How Will Inflation Affect the Housing Market?
Key Takeaways: The historic low housing inventory creates value opportunities in competitive housing markets. Anticipation of new home listings to hit a 10-year high as some owners see right now as the best time to sell. Condo and rental demand are likely to surge as inventory supply chain issues impact the housing market. This Year […]
Short Term Rentals in the Shenandoah Valley What You Need to Know
Let’s go back in time for a moment, shall we? It’s March 20, 2020, and you have been stuck at home for about a week now and have been meticulously studying the stock market. You noticed Ford stock is down, but with over $125,000,000,000 (yes, that is billion) in revenue, you know it won’t stay down for long. So, you decide to invest in 1,000 shares of Ford stock for $4.33 per share for a total of $4,330. Next thing you know, the stock is trending up and you decide to invest in an F-150 to share your investment, so to speak, with your family. In December 2021, Ford stock is now trading for $19.61 a share. If you sell your 1,000 shares you stand to have a gain of a little over $15,000! This sounds great, but keep in mind you now must pay capital gains on that profit. The truck you bought will instantly lose value the moment you drive it off the lot, it will depreciate over the years due to the miles you rack up on it and the normal wear and tear of a vehicle. If after a year or two or ten or twenty you decide you want to sell or trade in this vehicle and invest in a new one, the profit you stand to make will most likely be $0 or in the negative. Chances are, you will never get out of it what you have put into it (gas, maintenance, taxes, etc.) Making the decision to buy a company’s stock or buy a company’s products are two quite different things and types of investments.
The Top Color Palettes to Help Sell Your Home in 2022
Key Takeaways: Even in a seller’s market, it pays more to be mindful of how you present your home—and color is a key component! This year is all about earthy greens, fun pastel blues and yellows, and smart neutrals to really create a sense of comfort. Have fun with DIY projects and go hunting for […]
What to Expect in the 2022 Real Estate Market
Key Takeaways: Many of the dynamics seen in 2021 will carry through into next year’s housing market, but at a much less frenzied pace. As remote work becomes a more permanent, widespread option, Millennials are taking advantage and entering the real estate market. We’re ready for another seller’s market. Like last year, there isn’t time […]
Buying or Selling in 2022? Look for an Agent with These 10 Qualities
Key Takeaways: In today’s hot market, it’s more important than ever to choose the right agent to help you buy or sell a home. Real estate agents don’t just offer local expertise—their insider knowledge and marketing prowess come in handy, too. Thinking about making a move in the new year? Contact us to start planning […]
Advice from my first home purchase
By: Nicole Rhoads Life is all about experiences and learning from those to be better prepared for the future. Let’s take a more detailed look at my first primary residence home purchase in Arlington, VA. The idea to purchase real estate first came to mind as I was becoming a licensed agent in 2019 at […]