Tag: good schools

Are you considering renting in Northern Virginia?  With remarkably low interest rates, perhaps you should consider buying?  Here are 5 solid reasons that buying is better than renting.  

1. Be your own landlord. The landlord picks the paint colors.  The landlord decides whether pets or smoking is allowed.  If you are the landlord, you make the decisions.  And you decide whether to extend your lease or not.
2. Paying the principal is forced savings. Everyone knows that paying off a mortgage is better than paying rent forever.
3. Fixed-rate mortgages never rise – and eventually you pay them off. With mortgage rates at record lows, people who buy now are locking in real bargains.
4. Good schools. Family-sized rentals are harder to come by in areas with excellent public schools.
5. Spacious properties in pleasant neighborhoods. Sizable homes in attractive communities are almost always owned – not rented.

What are buyers seeking?

According to a new realtor.com® survey of more than 1,000 home shoppers, the typical spring home buyer this year is on the hunt for a three-bedroom, two-bathroom house with a garage and updated kitchen. Forty-four percent of respondents say they want a three-bedroom home, and 93 percent say they want a home with at least two bathrooms. But the garage is becoming increasingly important to home shoppers, too, with 27 percent rating it as one of the most important home features, even above an updated kitchen (24 percent) and open floor plan (20 percent). Connect with Nesbitt Realty to learn more about the market in {Location_Name}.   For more information or to set up an appointment call Stuart at (703)765-0300.