Blog | Our Blog - Bob & Nicole Hamilton

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Variation of home values for the third quarter of 2022 for Washington/Arlington/Alexandria, and three digits zip codes 223, and 222.

The Federal Housing Finance Agency (FHFA) published their House Price Index (HPI) for the third quarter of 2022. For Washington/Arlington/Alexandria Metropolitan Statistics Area, the price of housing went down 1.96% compared to the second quarter of 2022. On a one year period, the third quarter of 2022 versus 2021, the value […]
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MARKET INFORMATION FOR ZIP CODES 22307 AND 22310 (FAIRFAX COUNTY).

Let us look how the value of properties varied from January 1 to October 31, 2019 to 2022 for two zip codes located in Fairfax County, 22307 and 22310. The chart presented the median sales prices and the number of sold units of Detached and Twin/Semi Detached properties and Townhouses. In both zip codes we […]
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Thinking about buying? How to choose your lender.

Most REALTORS have connections with local lenders and ours has done excellent work for our clients over the years. Different types of loans are available on the market such as Adjustable Rate, 2-1 Buydown, VA, FHA, and Conventional. The choice may determine your capacity to borrow, the amount, and the associated costs. Contrary to the […]
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What are the latest forecasts for home prices?

Buyer demand is slowing down as we experience higher mortgage rates (around 7%) and uncertainty concerning the economy. Despite the fact that home prices are still supported by continued low inventory, the observed negative factors had an impact on the real estate market. Consequently, experts from the housing industry updated their projections based on current […]