You know you love to look! New Listings & New Sales. See below... |
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Weekend
Real Estate Update for Northern Virginia
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Our local housing market is very active.
Buyers are shopping and homes are selling.
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OPEN HOUSES
This Weekend starting 5/13/2022
(click on the town below)
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RECENTLY SOLD
The last 8 days ending 5/13/2022
(click on the town below)
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Example of monthly mortgage payment change after the last interest rate hike. |
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SAME SALE PRICE AND TERM
INTEREST RATES
4/25/2022
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SAME SALE PRICE AND TERM
INTEREST RATES
5/6/2022
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UNDER CONTRACT
2903 Village Spring Lane, Vienna
By Mark & Debbie
ACROSS FROM VIENNA METRO
3 Bedroom 2 Full & 2 Half Baths / 1472 sqft
Completely Renovated / New Everything
List Price - $689,900
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It’s a Seller’s Market
(for a few more months maybe)
and Here’s Why it’s Also a Great Time to Buy.
Lately, many of the real estate headlines are about how it’s the best time in history to sell your home. While that’s true, here are a few good reasons why it’s also a great time to buy.
Interest rates are at all-time lows. People buy payment; they don’t buy price. They don’t necessarily care how much a house costs, but they care about how much it will cost them per month. You are going to get more money lent to you now, with less to repay than you would when rates go up.
For example, a person with a $300,000 loan at today’s interest rates of 3% would pay $750 less per month in interest than they did in 2000 when interest rates were 8%. I can think of many other things to do with $750 per month than give it to the bank.
Benefits include tax breaks, building equity, and hedging inflation.
Many home buyers who have made their third, fourth or fifth offers on homes with no success may be getting discouraged, as they see home prices rising and are concerned they’re paying too much.
However, real estate values tend to run in ten-year cycles, with appreciation of 3% per year. Home values were cut in half during the 2008 financial crisis. Now, more than ten years later, they are ahead. Prices recover, equity is built, and real estate is an excellent hedge against inflation.
As a real estate professional, my job is to disarm and interpret the news for you so you might make informed decisions and help you navigate this competitive housing market to successfully fulfill your real estate goals.
If you’re planning to buy or sell a home or have questions about this real estate market, please feel free to contact me.
I look forward to helping you.
Mark Wilson
703-307-1934
M@LNF.com
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SOLD
By Mark
LOUDOUN VALLEY
23693 Hopewell Manor Terrace, Ashburn
3 Bedroom 2.5 Baths / 1664 sqft / 2 Levels
Private Garage Parking
Only 2 Years Old / Close to Town Center
See Video Below / Call, Text, or Email questions
List Price - $525,000
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SEARCH HOMES
Oh, and please contact Mark to visit any homes. Most homes look better in person with Mark!
;-)
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JUST SOLD
By Mark
14406 Tracy Schar Lane, Centreville
4 Bedroom 2.5 Baths / 2 Levels / 2304 sqft
Super Maintained / Move In Ready
See Video / Call with questions or to schedule a visit!
List Price - $660,000
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SOLD
Sold By Mark
21735 Leatherleaf Circle, Sterling
3 Bedroom 3.5 Baths + 3 Level / 1552 sqft
Backs to Woods / Fenced Back Yard
Call with questions or to schedule a visit!
List Price - $425,000
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SOLD
Sold By Mark
6749 Eckert Court, Warrenton
STONE FRONT
4 Bedroom 3.5 Baths + Home Office / 5106 sqft
Freshly Painted / Upgraded Kitchen & Bathrooms
Call with questions or to schedule a visit!
List Price Only - $685,000
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Check out my New & Improved Website
(you won't believe your eyes)
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Dear Clients & Friends,
I want to assure you that we take the health and well-being of our community, clients, and associates very seriously. Like you, my office is closely monitoring the quickly developing effects of the Coronavirus (COVID-19) pandemic.
To help prevent the spread of COVID-19, we will practice social distancing. We have temporarily closed all Long & Foster Real Estate offices to the public to protect and care for those who work with us and for you, however we are still open for business and ready to help our clients.
Moving forward I will continue to meet with buyers and sellers, show homes for sale and rent, and meet for listing appointments, but I will fashionably wear a COVID-19 approved mask and nylon gloves.
Any of my buyer clients who wish to continue with their new home search will be required to wear protective gear as well to protect the homes we visit and themselves. I will notify all listing agents and their sellers that my clients visiting homes are well protected. Unfortunately, children will not be allowed on in-person home tours due to their unpredictable nature.
It is strongly suggested to my sellers who have homes on the market now or plan to in the coming weeks or months, that you provide hand sanitizer, gloves, or wipes to potential buyers visiting your home. Please remember to leave the home shortly before any scheduled showing appointments.
We are all in this together. We will continue to monitor the COVID-19 situation and will follow guidance from public health officials and government agencies, so we can continue to support our clients and communities as needed.
For more information about COVD-19 and what you can do to keep healthy and safe, visit the Centers for Disease Control at cdc.gov or your local health department's website.
Thank you,
Mark
703-307-1934
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Houses To Sell Now Inventory is Low
The supply of available homes is low right now in our area which means a better chance to sell for top dollar fast!
Call MARK Today
703-307-1934
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Is Your Realtor networking with the best and brightest to provide you with cutting edge Real Estate information regarding your new home purchase or sale?
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If you enjoy receiving this information please "SHARE" this on Facebook, LinkedIn, Instagram or Twitter, and "LIKE" us as well. Check out all the links & videos above and below!
Call, Text, or eMail MARK all your Real Estate Questions.
Call, Text, or eMail MARK all your Real Estate Questions.
Call, Text, or eMail MARK all your Real Estate Questions.
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Reston Real Estate Videos
Bromley Village Cluster
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Mark Wilson is licensed in
VIRGINIA & FLORIDA
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and can help you buy or sell a home anywhere in the U.S.A?
He has access to a network of National Top Producers (like himself) who average over $10 Million in yearly sales production.
(Did you almost hire your 2nd cousin who just got her real estate license and says one of her "Snapchat Friends" may buy your house - Gulp!)
Call, Text, or Email Mark Wilson when your friends are thinking of buying or selling, either across town or across America and
Be Happy!
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Questions about a house you saw for sale?
Tired of renting and want to buy?
Thinking of selling your condo, townhome,
or single family home?
Get Answers - Call, text, or email MARK today
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1700 Bracknell Drive,
Reston VA 20194
Phone Number:
703-307-1934
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