It’s often hard to visualize what a home’s true potential can be… But follow along with us over the next few weeks as we transform this house into a very special home!
If you’re buying or selling a home in the DC area, you’ve probably heard the terms appraised value and assessed value. While they sound similar, they serve very different purposes – and understanding the distinction can help you make smarter real estate decisions. Whether you’re purchasing a condo in Arlington, selling a townhome in Alexandria, or simply reviewing your annual tax bill, here’s what you need to know about appraised value vs. assessed value. What Is an Appraised Value? An appraised value is a professional opinion of what a home is worth in the current real estate market. A licensed...
The Federal Reserve’s first interest rate cut in four years will influence hiring, inflation, mortgage rates, and the housing market. Mortgage rates are expected to drop, potentially easing the housing affordability crisis for homebuyers and renters. However, these effects may not be immediate, according to Steve Rick, Chief Economist at TruStage. Housing Market Faces Supply and Demand Challenges Since the pandemic, the housing market has struggled with an imbalance between supply and demand. High home prices and a lack of available homes have made it harder for Americans to afford mortgages or rent. Experts believe the Fed’s rate cut could...
We are absolutely thrilled to share that our very own Kay Houghton will be featured in the season finale of WETA’s beloved real estate series, “If You Lived Here!” The episode, premiering tonight, Monday, March 24, puts a well-deserved spotlight on South Arlington, showcasing three unique homes in the Four Mile Run area, Fairlington, and Claremont. WETA’s house-hunting series takes viewers on a journey through the diverse neighborhoods of the DMV, celebrating each area’s history, culture, and charm. Hosts Jen Osborn and Ricardo Frederick Evans bring their infectious energy as they tour homes with local realtors, offering a fresh perspective...
