White Aurora Realty

04/05/2024

📣 𝗢𝗣𝗘𝗡 𝗛𝗢𝗨𝗦𝗘
13554 Davinci Ln, Herndon, VA 20171
Tomorrow 4/06 from 1-4 PM
📷 Check out 3D presentation https://my.matterport.com/show/?m=TVDR5s6uBEH
💵 Offered at $ 575,000
— in Herndon, VA.

12/25/2023

10 QUESTIONS YOU MUST ASK AN AGENT BEFORE YOU LIST YOUR HOME

Referral Maker

10/15/2023

Old-school home sales tactics just won’t cut it in today’s shifting real estate market. ⁣
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To learn more about how we prepare, price, and promote your home to sell in this current market, check out our updated Home Seller’s Guide. ⁣
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Get your free copy now ➡️ | Waiting for Pending Post | ⁣
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08/23/2023

Are you interested to find out what your home is worth? check the link below:

https://myre.io/0F2CmL54Sjzk

08/20/2023

📣 𝗢𝗣𝗘𝗡 𝗛𝗢𝗨𝗦𝗘
8 Millard Court STERLING, VA 20165
TODAY 8/20 from 2-4 PM
📷 Check out https://emanalani.exprealty.com/property/382-VALO2056000/8-Millard-Court?brand_id=1 for Photos, and Floor Plans
💵 Offered at $ 489,000
— in Sterling, VA.

08/17/2023

Mortgage Rates for the Last 3 Months

07/14/2023

Come to join us this Weekend SAT(7/15) and SUN(7/16) from 1-4pm
for the open house at
4500 S Four Mile Run Dr #1015, Arlington, VA 22204
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2 beds -- 2 baths -- Price $393,500
Welcome to Brittany Luxury Condominium in South Arlington! You will enjoy the 24/7 front desk concierge, package room, two deeded parking spaces, laundry in the unit, large closets, extra storage, and many wonderful amenities! This stunning 1015 apartment has absolutely spectacular views! The layout is great and offers a lot of storage! You walk into a large living room with floor to ceiling windows and a lot of day light. Hardwood floors throughout. This home has a wonderful dining room and a sunroom/breakfast area. The kitchen offers plenty of cabinets, marble countertops, stainless steel appliances with a 36” French door refrigerator. The Large master bedroom has a great walk-in closet with custom Elfa shelves, and master bathroom. The second bedroom has a storage and it’s conveniently located right by the second bathroom. Both bedrooms have a newer carpet. This unit features wonderful extra storage room located in the mezzanine level. One garage parking space and one outdoor parking space near the side building entrance. Enjoy the fantastic gym, business room, party/entertainment room, cinema room, large outdoor pool with grill area and a large deck with two tennis courts! You walk out to Barcroft park and W&OD trail. Many playgrounds and green areas, as well as Barcroft Community Center are located steps away. This is a really fantastic location that offers many different grocery stores, restaurants, coffee shops, libraries, shopping plazas. Just minutes away from Ballston, Clarendon, Rosslyn, Pentagon, Pentagon City and Washington DC. Easy access to I-395, I-495, GW Parkway and I-66. Minutes away from Ronald Reagan Airport and not far from Dulles Airport.

05/25/2023

Come to join us this Weekend SAT(5/27) and SUN(5/28) from 1-4pm
for the open house at
315 Shenandoah St SE, Leesburg, VA 20175
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3 beds -- 2/1 bath -- Price $420,000

Welcome to Virginia Knolls. Beautiful 3 level townhouse renovated in 2020 .Living Room w/Box Bay Window, Large Kitchen/Dining area, Master Bedroom/ , Fully Finished Lower Level with Rec Room, Den and Full Bath, Washer/Dryer, Ceiling Fans. Walk Out to Patio and Fenced Yard, Deck off Kitchen w/access to yard. Updates & Improvements include: Roof , Flooring , Refrigerator , HVAC and water heater , siding, Bathroom & More!. Walking distance to down town of Leesburg and restaurants. 10 minutes to Leesburg outlet mall. This house can be used for investment too. No access to the basement from the main level. Washer/Dryer in the main level and Washer/Dryer in the basement.

04/14/2023

Mortgage Market Survey

04/14/2023

Lower Mortgage Rates: A Silver Lining Following Recent Bank Failures

The recent bank failures in the United States have caused quite a bit of turmoil in the financial markets. However, as we head into the spring home-buying season, there is a sliver of hope for the housing market in the form of lower mortgage rates. The 30-year fixed mortgage rate had been increasing for five consecutive weeks, starting in February and reaching a 2023 high of 6.73%. But, following the news of the banking failures of Silicon Valley Bank and other regional banks, mortgage rates have fallen.

What has caused the downward pressure on rates?

Mortgage rates tend to track the yields on 10-year U.S. Treasury bonds. When the yields go up, mortgage rates rise; when they go down, mortgage rates tend to go down as well. The movement in Treasury yields is dependent on the actions of the Federal Reserve and investor sentiment in the market.

Following the collapse of Silicon Valley Bank, other regional banks such as Signature Bank and First Republic Bank, which had similar balance sheets, also faced the risk of deposit outflows. Consumers and investors were looking for safer alternatives to invest their money. Government-backed treasury bonds seemed to be the best bet for many. The increased demand pushed down treasury bond yields, and mortgage rates followed a downward trajectory as well.

Moreover, investors were closely watching how the Federal Reserve would react to the banking sector news and how it would respond during its FOMC meeting in March. To calm the inflationary pressure in the market, the Federal Reserve has been raising its federal funds rate since the beginning of 2022. While the rate change decision doesn’t directly impact mortgage rates, it does affect treasury yields. To signal its faith in the U.S. banking sector, the Federal Reserve raised its benchmark short-term interest rate by 25 basis points during its meeting on March 22. Following this announcement, U.S. treasury yields fell, and mortgage rates followed. As per Freddie Mac’s primary mortgage market survey, the average 30-year fixed rate mortgage fell to 6.42%. Other mortgage term offerings saw a decline in rates as well.

What does this mean for the current housing market?

Although rates remain high compared to a year ago, the slight dip in mortgage rates has boosted mortgage application volumes over the past couple weeks, as reported by the Mortgage Bankers Association. Potential home buyers who were waiting for mortgage rates to drop will be encouraged by the current downward trend in rates, even if it lasts for a short while. Consequently, the spring home-buying season could get an added boost from these rate trends and likely lead to a potential uptick in home sales.

03/26/2023

Let us watch the average home price in Hardon area.