May 9, 2017

Tips for Selling Your Home This Spring

Buying a home? Check out our free home search

Selling a home? Check out our free home value report

Want To Sell for Max Value This Spring? Watch This Video For A Few Tips From Kim!

What do you need to think about as a home owner when looking at selling your home? One of the first things to think about is the condition of your home. Kim will work one-on-one with you, bringing years of experience and connections with contractors and other vendors, to really make your home pop and sell for top dollar! We take into account your budget, location, current market and many other factors that go into selling your home. 

Another factor to take into account when selling your home is the timing of the market. What this means in our current market is what does the current housing inventory and interest rates look like? We have a 30 - 35% lower inventory right now which means homes are selling quickly! Interest rates are rising which affects buyer's spending power and can put downward pressure on pricing homes.

Click Here to Watch Kim's Video On The Affects of Rising Interest Rates

Some Basic Tips To Make A Home Sell Faster:

  • Move In Ready
  • Fresh Paint
  • Clean / Updated Floors
  • Bright Energy
  • De-Cluttered & Staged
  • Curb Appeal - Clean Up Your Exterior and Landscaping

We work with all kinds of budgets - give us a call and we will set up a time for Kim to come out and go over what we can do to help your home sell faster and for top dollar!

We've just launched a new website! Check out www.myvirginianeighborhood.com for all kinds of statistics on your neighborhood's specific market! 

April 14, 2017

2017 First Quarter / Post Election Market Update

Buying a home? Check out our free home search
Selling a home? Check out our free home value report

 Looking to buy or sell in Loudoun & Fairfax counties this spring? 

Interest rates have gone up since the election in November and this is putting pressure on buyer's budgets. As rates go up, the cost of purchasing a home goes up which puts pressure on buyer's budgets. If you are thinking about purchasing in the near future, now is the time to do it before your budget is affected even more by the rising interest rates. This is good for sellers as it creates pressure to buy now but as rates continue to rise, seller's will start to feel the effects in pricing as purchasing power goes down

Inventory in both Loudoun & Fairfax counties is 30 - 35% less than the same time last year which is putting upward pressure on the pricing which is great for sellers. In Fairfax, the average single family home price has gone up from $691,000 to $733,000. Single family homes are more popular in Fairfax as well. In Loudoun County, the average single family home has gone from $583,000 to $603,000. Condo and Townhome prices have raised as well. Townhomes are still the hottest item in the market!

Give us a call today at 703-338-0872 if you are thinking about buying or selling a home, now is the time!

We're launching a new website! Check out www.myvirginianeighborhood.com for all kinds of statistics on your neighborhood's specific market! 

Posted in Real Estate Market
March 22, 2017

9th Annual LAWS Easter Baskets

Help Us Reach Our Goal of 100 Baskets for the Loudoun Abused
Women Shelter 

 

Help Friends! Our brokerage is seeking your help to make Easter Baskets filled with love and fun for the Loudoun Abused Women's Shelter. We're collecting items through April 2nd at:


44095 Pipeline Plaza, #300
Ashburn, VA 20147

 

Would you help by bringing donations to our office ? Or contact us at 703-338-0872 and we will happily collect and drop them off in our office.

 

Here is a list of some items needed:

  • Baskets, Ribbon, Grass for Filler & Clear Celophane Bags
  • Candles
  • Bath Soaps, Body Wash, Lotions & Body Spray
  • Mani / Pedi Supplies
  • Gift Cards for Gas, Groceries, Coffee Shops, Icecream, restaurants, etc.
  • Small Toys / Books
  • Coloring Books & Coloring Supplies
  • Note Pads
Nov. 2, 2016

Who Needs HGTV?

Watch This Home Transform!

 

Buying a home? Check out our free home search
Selling a home? Check out our free home value report

We can see past the mess, past the walls and think outside of the box! Watch this home transform under Kim's skilled guidance. If you need help, want to buy or know of an "ugly home" needing love call us! We would love to help - 703-338-0872! Who needs HGTV when you have the Kim Barber Group!

We are posting our other projects on our Facebook Page - Click Here to go to our page and like us to follow along!

Oct. 11, 2016

How Will the 2016 Presidential Election Affect the Real Estate Market?

Buying a home? Search homes like a Realtor here
Selling a home? Get a FREE home valuation here

Have you been wondering how this year's Presidential Election could affect the real estate market?

We've heard this question many times in the past year, especially now that we're winding down to Election Day. Kim consulted with some of the top economists, business professionals and lenders we work with to see what they thought would happen to the real estate market due to the election. The general consensus is that there will not be any negative impact on the real estate market based on the election. We are at How Will the 2016 Presidential Election Affect the Real Estate Market? which are expected to stay!

Northern Virginia is having great growth with jobs, improvement of our infrastructure with the Silver Line Metro continuing to grow - the prediction is that more and more people will transition from renting to buying. In this area it is more expensive to rent vs buy. As the Millennials start to get out there and using their savings to buy, we'll start to see a lot of movement in people downsizing. On the luxury side, the houses that are $850,000 and above we do expect to see a slow down in the market. Executives, business owners and the such tend to be a little more conservative when you have these big shifts. That market has already started to slow down but with higher priced ranges you expect this kind of change. 

Give us a call today to help with your
real estate needs (703) 338-0872!

Sept. 21, 2016

Third Quarter Northern Virginia 2016 Market Update

Buying a home? Check out our free home search
Selling a home? Check out our free home value report

Looking to buy or sell in Loudoun & Fairfax counties this fall? 

There are benefits to both buying and selling in our current market. This is known as a balanced and stable market. In Loudoun County we have had an average growth rate of 3% over the past 3 to 6 months. Fairfax County comes in a little bit higher at a 4% growth rate. I've also noticed that the detached and condo market is taking a little bit longer to sell versus townhomes. This is due to the the audience for townhomes being broader, more affordable and appealing to different types of families. 

The pricing for homes that are closing right now is staying within 98% - 99% of list price, once we figure out the correct market value. We are able to negotiate on your behalf and get the right prices. 

The mortgage rates are staying around 3% which is great for buyers and sellers. The lower the rates, the less pressure on pricing your home correctly and on buyers budgets.

An important and very interesting point to note is that it is statistically 7% more expensive to rent than to own right now. We would love to help you with a rent vs own analysis to see what will fit your budget best!

Take advantage of the record low rates and give us a call at 703-338-0872!

Posted in Real Estate Market
Aug. 24, 2016

How Do I Downsize in Northern Virginia?

Buying a home? Check out our free home search

Selling a home? Check out our free home value report

 

Today, I wanted to discuss downsizing in Northern Virginia. After the emotional decisions we sometimes make, you might ask yourself, “How am I possibly going to make this process happen?”

 

 

Once you’ve made a decision to move, you then have a whole home full of belongings you might not know what to do with. In the past few years, I’ve helped clients directly project manage their downsizing process.

 


You’ll need to address a few factors, such as extra furniture, junk, and valuable items. You need to clean up and maybe consider some touch-ups, like painting rooms or adding accents. I’ve fostered relationships with professionals that can help out with this process, so I can advise you towards some resources. I can help you find charities to donate unwanted items to, as well as estimate what more valuable items can be potentially sold for.

 

If you’re thinking about buying or selling a home in the surrounding area, give me a call or send me an email at your earliest convenience. I’d be delighted to answer any questions you might have and serve your local real estate needs! 

Posted in Downsizing Tips
Aug. 4, 2016

Are You, or Someone You Know, Needing to Downsize?

Buying a home? Check out our free home search

Selling a home? Check out our free home value report

 

When you’re downsizing into a smaller home, it can be an emotional process. I’ve gone through it myself, and have helped many others do the same. The process of downsizing is emotional, physical, and financial, and can be difficult.

 

You want to get to a point where you know you are ready to move, but the only person who knows when you are ready is yourself. Starting to declutter and move things while putting memories in your memory bank is a process.

 

 

The way we sort through it all is to talk about it, get excited about your new place, and we can help you figure out the overwhelming task of how you're going to deal with all your stuff. It’s a big part of dealing with the emotions. 

 

My goal is to help alleviate some of the stress of the downsizing process, and a solid plan of action is where to start. That being the case, I strongly encourage you to sign up for our downsizing video series. I will cover everything from your timeline to prepping your home for the market. Be sure to sign up here!

 

Please share this post. It may not be you that needs my team’s assistance currently, but a friend or loved one may need our help.  

Posted in Downsizing Tips
July 18, 2016

Simple Steps Toward Homeownership in Northern Virginia

Buying a home? Check out our free home search

Selling a home? Check out our free home value report

 

So, you’re ready to buy a home in Northern Virginia. What are your first steps towards homeownership going to look like? Today we will lay out a simple plan to make the process as painless as possible.  

  1. What is your time frame? Buying during different seasons has its advantages and disadvantages.

  2. What is your budget? Have you been pre-qualified or talked to a mortgage broker? This will dictate your price range and your loan amount. There’s nothing worse than finding a home, falling in love with it, and then realizing that you actually cannot afford to purchase it.

Finding a good lender is really the first thing you want to do, even before you begin looking at homes. We know of a lot of good lenders in the area, so please don’t hesitate to contact us!

May 28, 2016

Are You Better Off Renting in Northern Virginia?

Buying a home? Check out our free home search

Selling a home? Check out our free home value report
 

What should you do in Northern Virginia: rent or buy? This is a broad question, but I would like to share some insights to help you make a conclusion that’s best for you. One of the best ways to find the answer to this question is to answer a few others first.

 

  • How long do you think you’ll stay in the home? If you’re only planning on staying in the home for two or fewer years, it may be best just to rent. It really depends on what your plans are for the future.

  • What is your price range? If you’re planning on moving out of the area in the next few years, buying probably isn’t the best option even if home prices are appreciating. By the time you account for the cost of buying and the cost of selling, the math of it just doesn’t make sense.

  • Do you know what the right area is for you? If you do plan on living in a home for a prolonged period of time, you need to identify an area you’re comfortable living in. Buying gives you great benefits and tax deductions, but those will only be worth it if you’re not moving all the time.

 


“Whether you should rent or buy is ultimately up to you!”

 

 

The fact of the matter is that there is a break-even point between mortgages and rents. It’s typically around $400,000, but to explain that more and to get into more details, we would need to sit down with you, get a lender involved, run the costs, and help you make the decision that is right for you.


If you have any questions about this or any other topic, please don’t hesitate to reach out to us. We would love to hear from you!