Ritu Desai- Top Producer Realtor in Northern Virginia

  Be picky, but don’t be unrealistic. There is no perfect home. Do your homework before you start looking. Decide specifically what features you want in a home and which are most important to you. Get your finances in order. Review your credit report and be sure you have enough money to cover your downpayment and your ...

I came across this great article in Washington Post and could not help sharing. I remember when I first bought my home 20% was something expected in the market otherwise builder would think you are not qualified to purchase a home.  Thanks Kenneth R. Harney! Read On! Does anybody remember the old days when home buyers actually made ...

By Kenneth R. Harney Saturday, January 6, 2007; F01   What's the shape of a post-bubble, post-correction real estate market? And more to the point: What does that mean for you? Those questions are becoming increasingly relevant as the latest sales data show a small but unmistakable uptick in activity and declining unsold inventories. ...

What are Spec Homes?Any house or condominium that has already begun construction but doesn't have a buyer for it is a speculative or spec home (also referred to as an inventory home). They can range from holes in the ground to completely finished units ready for immediate move in.Why are specs a good deal?Builders, like all retailers, need to ...

Employment increased by 1,785 jobs in Loudoun County during July and August. However, the numberof job seekers also increased. The combined effect of these two trends was an increase in the averagemonthly unemployment rate from 1.8% for the second quarter to 1.9% in the first two months of the thirdquarter. The solid job growth may help to offset ...

The year will end with existing-home sales 9 percent lower than in 2005 and home-price appreciation closing out the year essentially flat. The more cyclical new home sales are projected to finish the year 18 percent below that of last year, and post a reduction in prices. But there is good news: the market has essentially already bottomed. The ...

There are reasons to be optimistic about real estate next year, a BusinessWeek Online analyst says. New and existing home sales might slide further in 2007, but there won’t be a sharp decline like there was in the early ‘80s and ‘90s. Why? Because the overall economy is in good shape. Some markets will become much more ...

Mortgage fraud has been a problem for the lending real estate industry. The National Association’s Risk Management Committee created a brochure for the to help Realtors, buyers and sellers identify and explain the issue. The warning signs in a transaction.  Please find attached brochure. If you have any questions on your mortgage ...

It sounds tired, trite, hackneyed, even a little specious, especially when it's become little more than a marketing slogan used to describe just about any housing market, no matter how bleak or bright. However, right now, the popular refrain, "It's a good time to buy," resonates with a more resolute ring of truth. Home sales ...