Northern Virginia Real Estate and Community News Blog

DAILY REAL ESTATE NEWS | THURSDAY, APRIL 14, 2016 Home owners may be slightly too optimistic about their home’s value compared to what appraisers say it’s actually worth. Home values are, on average, about 2.17 percent lower than what home owners expect compared to appraisers’ estimates, according to Quicken Loans’...

DAILY REAL ESTATE NEWS | THURSDAY, APRIL 07, 2016Single women will soon make up a bigger portion of your home buyer pool in the future. They may be delaying marriage, but they’re not delaying home ownership.“Women today don’t sit around and wait for Prince Charming,” says Wendy Flynn, a real estate professional in ...

DAILY REAL ESTATE NEWS | FRIDAY, MARCH 18, 2016Mortgage rates inched higher for the third consecutive week, but potential home buyers shouldn’t sweat it too much. Mortgage rates are still hovering below levels from a year ago. Freddie Mac reports the following national averages with mortgage rates for the week ending March 17:30-yea...

Here's what's going on this weekend: Old Town Manassas Saturday 3/12/16, 11am - St. Patrick's Day Manassas Parade The City of Manassas, Virginia celebrates St. Patrick's Day each year with a community parade featuring Irish dance groups, the Northern Virginia Firefighters Emerald Society Pipe and Drum, Washington Scottish Pipe and Drum...

Millennials are leaving the city. While many millennials choose to live in urban areas as renters, when they're ready to buy, they're increasingly seeking single-family homes outside of urban areas, according to the 2016 National Association of REALTORS® Home Buyer and Seller Generational Trends study.Check out the full NAR Ho...

The average American needs to make a little over $51,000 a year to afford the median-priced home — including the principal, interest, taxes and insurance — in the U.S., a study released this week by mortgage information website HSH.com. This assumes the buyer has good to excellent credit (and thus would get a mortgage interest...

Here are some events happening in our area this weekend. A new exhibit opened at the Lyceum in Old Town Alexandria titled “Alexandria’s Nurses & Hospitals During the Civil War.” This new exhibit details the life of Clarissa Jones, a nurse at The Lyceum hospital during the Civil War. Fans of the PBS drama “Mercy Street” will...

Every landlord knows that rent increases are a fact of life, but getting them right is another story. Rents seem to only continue to go up. Nationally, the median asking rent increased 5.74 percent in the third quarter of 2015, compared with the same quarter a year earlier. But while many landlords raise the rent whenever it seems right, ...

If you’re looking for something to do this weekend, there are some unique tours and exhibits happening at a few of our local historic sites, many are in recognition of African-American History Month. If you are a fan of PBS’s Mercy Street series, starting February 19, 2016, Carlyle House in Old Town Alexandria has a new exhibit title...

The Most Common Questions Asked by Home Buyers—Answered!By Margaret Heidenry Buying a home is thrilling, scary, sometimes weird, often epic, and never dull. You’re ponying up a huge wad of cash for a place you’ll inhabit hopefully for years to come. As such, you’re bound to have a lot of questio...