November 26, 2023

Getting Started with Buying a Condo

Are you ready to get started on your condo buying. Condos offer a unique blend of convenience, amenities, and community that can enhance your lifestyle in urban areas like Arlington, Virginia and Washington, DC. Whether you're a first-time homebuyer, a millennial seeking the perfect starter home, or someone looking to downsize, this comprehensive guide is designed to equip you with the knowledge you need to make informed decisions throughout the condo-buying process.
September 19, 2024

The Interest Rate-Condo Price Connection

Low interest rates, while often seen as a driver of real estate transactions, can also discourage homeowners from selling their properties. Many owners secured their homes during a period of historically low mortgage rates. These favorable rates made owning a home more affordable by reducing monthly mortgage payments. If they were to sell, they would likely face much higher interest rates when purchasing a new home, leading to significantly higher monthly payments. This "rate lock-in" effect causes homeowners to think twice about selling,
November 15, 2024

7 Condo Investment FAQs You Need!

Before you outlay a big chunk of money for a condo investment, here are 7 frequently asked questions. Investing in condos can be an attractive option for several reasons compared to single-family homes. First, condos typically come with a lower purchase price than single-family homes in the same area, making them more accessible and requiring less upfront capital.