Pat Jordan

Prepare your home now for winter!

Five Maintenance Tips to Help Prepare Your Home for Winter Our team at Long & Foster has put together a few home maintenance tips to keep you comfortable and protect your home from harsh winter weather.

Check out the housing market forecast for the Rest of 2022.

Housing Market Forecast for the Rest of 2022 Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with p...

Be careful in this changing market.

If You’re Selling Your House This Summer, Hiring a Pro Is Critical It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional.

Why Foreclosures Won't Happen

Why a Wave of Foreclosures Is Not on the Way With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen.

Mortgage Rates are Trending Upwards

Experts Project Mortgage Rates Will Continue To Rise in 2022 Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory....

Sellers are still in control in today's real estate market.

Sellers Have Incredible Leverage in Today’s Market With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying:

Renters Please Read!

Renters Missed Out on $51,500 This Past Year Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic:

Happy November!

A beautiful chrysanthemum tree on display at Kingwood Center, a fabulous garden located in Mansfield, Ohio

Knowing what buyers want is key when selling your home.

Does Your House Have What Buyers Want? The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs.

Applying for a mortgage doesn't have to scary!

The Mortgage Process Doesn’t Have To Be Scary Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get p...

See what Frightens Home Buyers the Most!

To Home Buyers, What is Scarier than a Ghost?! - Virginia REALTORS® Things that go bump in the night can be spooky—but not spooky enough to scare off most home buyers. Last year, we reported that nearly 60% of home…

The Fall is a great opportunity for buyers right now.

Why This Fall Is a Big Opportunity for Buyers The market has been fiercely competitive recently, but house hunters who experienced difficulty finding a home may have better luck.

Home prices rose almost 20% from last year!

Home-Price Growth Holds at Record in August The Case-Shiller index rose 19.8% as demand remains robust despite skyrocketing prices pushing some buyers out of the market.