Key Local Market Info!

Majority of Home Sellers & Buyers Worry About a Housing Bubble & Price Crash
Naturally, home sellers and buyers are often concerned about home prices. It's an asset class they either own or are considering owning. This concern becomes even greater when the impacts of the Great Recession and 2008 housing collapse are still visible in the rearview mirror for so many people. In 2017, ValueInsured surveyed 1,079 adults and 58% agreed there would be a "housing bubble and price correction" in the next two years (sometime in 2018-19). That was up 46% from the previous survey. Meanwhile, 83% of respondents believed it was a good time to...

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Zillow's Inaccuracy Frustrates Consumers & Company CEO
So much so that Zillow has been accused of misleading and irresponsible home price estimates that have hurt both home buyers and sellers. Certain complaints have risen to the level of class-action lawsuits filed against Zillow in federal court. These court briefs outline that Zillow's Zestimates are consistently inaccurate by anywhere from 6% to 50%. In fact, in 2017 Zillow's CEO, Spencer Rascoff, sold his home in Seattle's Madison Park neighborhood for $1.05 million - 40% below his own Zillow Zestimate of $1.75 million. A 40% delta is...

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The definition of a legal bedroom in Virginia is typically determined by local municipality zoning codes as generally established by the International Residential Code (IRC). The definition can vary by jurisdiction, building type and zoning for a particular lot. The requirements for a legal bedroom can be confusing and often times misunderstood by consumers. A universal requirement and general starting point for a bedroom is a safe means of egress in the event of a fire - exit door and window. Occupants must be able to safely exit in the event of an emergency and first responders must be able to easily enter.

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• It's amazing how many times a once-in-a-lifetime opportunity comes around. But here we are again with mortgage rates nearing historic lows.
  
  
• People who need to pay the most attention are the one-third (1/3) of homeowners who could currently benefit from refinancing. Not to mention buyers sitting on the sidelines deciding when is the right time to purchase a home.
  
  
• It's fairly unprecedented to have borrowers refinance in just 6 months, but the full percentage point rate drop sinc...

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It has been a busy year and a great Spring Season 2019! Thank you to all my wonderful clients who continue to put their trust in me. It brings me great joy to problem solve, provide superior customer service and deliver exceptional outcomes!!

Thank you for helping me be a Top Producing Agent!!