There are many great Fairfax area homes for sale! Click here to perform a full home search, or if you're thinking of selling your home, Click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 703-798-9882 for a FREE home buying or selling consultation to answer any of your real estate questions.
Why Now is the Time to Buy
With spring approaching in Fairfax, I expect the market to warm up dramatically.
- Typically spring is when inventory is up, so consequentially, more buyers will be vying for properties. More inventory is great since Fairfax has not seen a deep inventory for the last 8-12 months.
- However, with more inventory and more buyers comes more competition.
- Be prepared to act quickly in this type of market.
- Have your Pre-Approval Letter ready.
- Do your research beforehand: If a listing pops up in an area that you like, be sure that you are comfortable with the school district and the neighborhood. Knowing these things beforehand will make your decision much quicker and easier, allowing you a better chance to get the property you want.
- If a home is priced well and is in good condition, it is going to sell very quickly in our Fairfax real estate market.
- Also keep in mind interest rates: These are expected to rise significantly by 2015, somewhere around 5% compared to our current 4% or 4.5%. This means that you will be paying significantly higher monthly mortgages if you wait another year. It could literally cost you hundreds of thousands of dollars to delay on this decision.
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