Andrew Norton's Blog Posts

Negotiate a better deal when buying a home this year

Buyers Have More Negotiation Power – Here’s How To Use ItYou may have heard there are more homes for sale right now. And while that’ll vary depending on the market, it

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Buying new homes versus resale and why it can be smart

What’s Motivating More Buyers To Choose a Newly Built Home?Planning to buy a home soon? Why not go for something brand-new? Because data shows a lot more buyers are seeing the appeal of

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Tysons Corner Mall new restaurants and entertainment

Tysons Corner Center Undergoes Mall Makeover with New Eats and EntertainmentThe mall is welcoming in new places and saying goodbye to some of your favorite spots.By Michele Kettner 

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Buying beats renting in these five cities

Andrew Norton 703-627-1999 The high tech agent for high tech clients Buying Beats Renting in These Top CitiesView the InfographicBuying Beats Renting in These Top CitiesWatch the VideoHow Much Does

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Housing crash not happening, not even close

Two Reasons Why the Housing Market Won’t CrashYou may have heard chatter recently about the economy and talk about a possible recession. It's no surprise that kind of noise gets some people

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New Buyer Rules from NAR lawsuit settlement

#NAR #Sitzer #Burnet #Katchmark #settlement #transparancy #antitrust #negotiation #samsonproperties #BrightMLS #NVAR

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Dullles Airport awards scholarships

Dulles Airport Scholarship ProgramAwards Scholarships to Local High School Graduating SeniorsThe Committee for Dulles Community Outreach (CFDCO), the charitable arm of the Committee for Dulles ),

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Older American Month May 2024 OAM

Every year, May is recognized as Older Americans Month (OAM), a time to honor the contributions of older adults and address the issues impacting them. The theme of OAM this year is Powered by

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National Landing in Arlington FREE bike safety check

Kickstart cycling season with aFREE Bike Safety Check!Join us on Thursday, May 2, as expert mechanics from Conte's Bike Shop perform complimentary safety checks for your beloved

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Perks of downsizing in Virginia and Florida

Popular downsizing locations in the Wasashington DC area are Lansdowne Woods and Potomac Green in Loudoun County, and Leisure World in Montgomery County.

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Veteran Ventures Capital VVC relocates from Memphis to Tysons Virginia

(from Fairfax County Economic Development Administration) EDAVeteran Ventures Capital (VVC), an early-stage investor specializing in emerging, veteran-led national security technology,

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Commissions are changing. That is what is in the news.

Here is my update on the news -- you have all heard about new rules about commissions. I'm likely never going to hear the end of this, but let's start:1) Written buyer representation agreements. In

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Tech startups from Korea choose Tysons, Virginia

Fairfax County, Virginia (April 3, 2024) – Fairfax County Economic Development Authority (FCEDA) and Korea SMEs and Startups Agency (KOSME) co-signed a letter of support and

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Tech company leaving Los Angeles for Virginia suburbs of DC

The Aerospace Corp., a nonprofit government contractor that bills itself as running the nation’s only federally funded research and development center “committed to the space enterprise,

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Reston for a Lifetime August 2023 Aging in Place news

The latest issue of Reston for a Lifetime, click!

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Insurance info from a rock star insurance broker

#Allstate #samsonproperties #NVAR #christineangles #insurance #CLUEreport;

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My podcast about Supreme Court unanimous in support of property rights

#SCOTUS #supremecourt #robbodine Esq #andynorton #samsonproperties #constitution #cardinaltitle #magnacarta #constitution #justcompensation

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How AI will change the world

#AI #artificialintelligence #samsonproperties #andynorton #andrewnorton;

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Florida bans some non Americans from buying real estate

Canadians are still welcome. Buyers from the cold can still buy where it is warm!#snowbirds #samsonproperties #andynorton #florida #CNBC #investment #bubble #inventory;

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inheriting real estate with a will or a trust or a power of attorney

No one knows when their last day will be. Have a will or a trust, and make your wishes known. #ekkotitle #samsonproperties #lisamitchell #andynorton #wills #trusts #POA #inheritance #NVAR

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The Villages largest retirement community is infamous

#villages #thevillages #florida #retirement #andynorton #samsonproperties #seniors #activeadult;

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Real estate in Dubai. Say what, Dubai?

Hey, it is a new world. A BIG new world. Learn about real estate in Dubai!#FIABCI #CIPS #NAR #samsonproperties #andynorton #UAE #Saudi #Persiangulf #middleeast #oil #realestate #China #beltandroad

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A Zillow five star review of Andy Norton

#andynorton #samsonproperties #Zillow

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Best states to retire in 2023 and you will be surprised

WalletHub ranked the best states to retire. You will be surprised by #1. Best states to retire in

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Why buying from home builders now is a better deal

It May Be Time To Consider a Newly Built HomeIf you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is

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Foreclosures are NOTHING like 2008

Why Today's Foreclosure Numbers Are Nothing Like 2008You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few

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Buyers with bad credit encouraged to buy homes. Here we go again!

The GFC - Great Financial Crisis. Here we go again. I cannot believe this!#GFC #andynorton #samsonproperties #mortgages #interestrates #credit #badcredit #default #foreclosure #bankruptcy;

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Dave Ramsey talks about buying now or waiting to buy

#daveramsey #andynorton #dchomes2022 #samsonproperties #housingcrash #biddingwar

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Experts proved wrong. Home buyers in January were back all across America

Experts Forecast a Turnaround in the Housing Market in 2023The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose

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Zillow predicts hottest housing markets in 2023

Why Charlotte Will Be 2023’s Hottest MarketZillow’s annual predictions for the hottest housing markets of the year. Factors include expected home value growth, projected change in owner

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Latest Fairfax County housing stats for December 2022

#brightmls #smartcharts #fairfaxcounty #samson #crash #housing #homes #dchomes

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Virginia state homebuyer assistance programs

Andy interviews Mary Krueger of Movement Mortgage about Virginia Housing homebuyer assistance programs. If you are buying, or anyone you know is buying, this is a very important video to watch.;#

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Don’t hold your breath waiting to see three percent again!

Think Twice Before Waiting for 3% Mortgage RatesLast year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up

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You have to live somewhere so you might as well own your home

Logically we have four choices at most: 1) live on the street;2) live with a relative, like in their basement;3) rent a house or apartment; or4) own your home. No matter how great the

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Real estate will NEVER be affordable True or False

A provacative interview about real estate in the post-Covid world!@leadlagreport@dchomes2022

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Waiting for a housing crash like 2008?

Today’s Housing Market Is Nothing Like 15 Years AgoThere’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the

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Are you renting and ok with it even though rent is going up

Avoid the Rental Trap in 2023If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But

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The 2023 market Is different from last year. What sellers need to do differently.

3 Best Practices for Selling Your House This YearA new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you

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Reverse mortgages with Laurie MacNaughton

Interview with LAURIE MAC NAUGHTON of Atlantic Coast Mortgage, a national authority on reverse mortgages. #reversemortgage#HECM#financial planning#andynorton#samsonproperties

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New York, LA and SF among most expensive cities in the world

New York is the now the most expensive city in the world! Even Paris, France is less expensive than New York City.#Statista#Annafleck#EIU#inflation#housing#money

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Süze Orman weekly MoneyMonday about tapping home equity

Weekly newsletter from #Suzeorman about tapping home equity in these difficult times.(If you are on LinkedIn, I invite you to subscribe for free to Suze Orman's MoneyMonday financial newsletters).

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Read the latest Golden Gazette December 2022

The Golden Gazette is a free magazine for seniors that is published monthly by the Fairfax County, Virginia, Office of Aging. Here is a link to the December 2022 issue, just released. The shareable

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Buy rent rehab refinance repeat the BRRRR formula

#biggerpockets#investment#taxes#realestate#rentals#depreciation

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Why I would move to Houston if I were young today

If there is one city in America that may best be positioned for the future, it is.

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Andy’s e-newsletter about environment and real estate

Click -----> HEREto read the latest Home Environment. Free daily email updates.;

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VA loans are the Veterans best choice for a mortgage.

VA Loans Can Help Veterans Achieve Their Dream of HomeownershipFor over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes

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Sixty percent of homeowners refinanced at 4 percent or less!

Think about this: 40 percent of homes are owned free and clear, no mortgage.The remaining 60 percent of homes either bought or refinanced at 4% or less. Those homes have 28 years to go before loan

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The 2008 crash versus today. It is NOT the same!

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a

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Weekly market report just released today October 25

Weekly Market Report: Week Ending Oct. 23Access this weekly report for real-time data on residential market activity across the Bright footprint.October 24,  2022Lisa Sturtevant, PhD The

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Price reductions above $1 million no, below $1 million yes

Sellers Adjusting Price Expectations . . . But They’re Not Happy About ItAs market conditions shift, 40% of sellers in the Mid-Atlantic have lowered their list price, but the adjustment is

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Yes buyers are buying but there are fewer of them

3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]Some HighlightsIf you’re planning to sell your house this year, you likely have questions about

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Deflation. Then hyperinflation. Buy now.

What’s Ahead for Home Prices?As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re

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Just suppose, these are the good old days.

Should You Still Buy a Home with the Latest News About Inflation?While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate 

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Latest Supply and Demand in Housing

The Latest on Supply and Demand in HousingOver the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But

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Emotional benefits of owning your home. It’s not just the money!

The Emotional and Non-financial Benefits of HomeownershipWith higher mortgage rates, you might be wondering if now's the best time to buy a home. While the financial aspects are

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How To Prep Your House for Sale This Fall 2022

How To Prep Your House for Sale This FallToday’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may

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Four Things That Help Determine Your Mortgage Rate Today

Four Things That Help Determine Your Mortgage RateIf you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last

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a real estate “POISON PILL ? What is that?

Anyone with a mortgage rate under 3.5% will NEVER sell their home. Why would they? So, no matter what the Fed does, real estate inventory of homes for sale will stay in very short supply.;

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New homes crashing but resale homes strong!!

40% of homes owned free and clear -- no mortgage.25 percent of homes refinanced the mortgage at 3% or below.New homes sales are crashing. Resale homes sales remain VERY.

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Mortgage rates going MUCH higher !

If you think rates are high now, you have not seen anything yet. But, the problem with waiting is 1) renting is throwing your money away, and 2) prices are going up!

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Rent rising and homes rising making people homeless :(

It  is not just home prices that are the problem. Rising rents can mean more people living on the streets.;

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Housing stats, July 2022, Fairfax County, VA, detached homes

The sky is not falling. July 2022, detached homes, average sale price is 100% of asking!

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REITs - real estate investment trusts

Should you buy a piece of Reston Town Center for $85 ? All about.

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Did you know CHINA has a real estate bubble?

#China has built towers of so-called condos, but without water, elevators, just towers that look impressive on the outside but have no people and no livable homes on the inside!

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Home builders have stopped building. Prices going higher?

Supply and demand. Builders stop building homes. Less supply. Buyers still want to buy homes -- that's demand. More demand than supply. Prices going higher. Higher prices = higher inflation. Go

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1031 tax deferred change - should you?

Not every one should do an exchange! Just maybe, it might not be!

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Foreign buyers of US houses spending big $

Highest frequency foreign buyers are from Canada and from Mexico.Biggest spenders though are from China and from!

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June 2022 Fairfax statistics show strong market

June 2022 Fairfax stats very strong. Only 8 days on market average.Sale prices over 2% above asking price. Moral to the story? Stop listening to doom-and-gloom!

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Mortgage delinquencies near an all time LOW!

People waiting for a bubble to burst may not want to hold their breath. Mortgage delinquencies dropped to a near all-time low. Whatever struggles homeowners may have, they are NOT giving up their

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The worst bond market since George Washington !!

Bonds and mortgage interest rates are closely related. The ten year bond over the past half year is the WORST in 234 years since George Washington was.

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Northern Virginia versus American real estate??

The Fed is out to destroy real estate. Will the government/ technology base in Northern Virginia make us?

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House prices to “soften” with rising mortgage rates

In northern Virginia, we are seeing price reductions.We are seeing increased time on the market before sale.We are seeing buyers insisting on -- and getting -- home inspections.This is a good thing.

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Goldman Sachs is buying entire communities of houses

Big money is STILL buying houses, all CASH of.

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First time buyers in jeopardy? CEO worried.

The CEO of the parent company of Century 21 AND Coldwell Banker AND ERA is worried about the fate of first-time buyers.?

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Pay tax for someone else? Say WHAT?

FIRPTA is a law that says if a home buyer buys a home from a foreign seller, the BUYER could be liable for the capital gains taxes for the FOREIGN SELLER. Yeah, I know it sounds crazy. But, it's the

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He bought 1,500 homes in 3 months and wants more

Invititation Homes owns almost 90,000 homes and wants to buy!

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Should your real estate be in an LLC?

Mark Kohler is BOTH a CPA and a tax attorney. Here is what he says about real estate in an LLC.;

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A prediction? Or fear-mongering?

When is a "prediction" really in fact fear-mongering?;

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Is inflation coming back down? Cathie Wood says yes. Who’s she??

Home Depot, Target, and Walmart unsold inventories are up. Supply chain issues being solved. These inventories are being sold at mark-down prices. Used car prices are coming down. Interest rates

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Tesla’s $15,000 foldable house! a Housla ?

Is this the answer to the housing affordability🧐

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Goldman Sachs buys an entire community in Florida! What’s up with that?

What the heck is going on?! Hint: the world is changing. Call Andy 703-627

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Are northern Virginia companies “hoarding” talented labor?

Cathie Wood, CEO of ARK Investments, says big tech companies are "hoarding" top talent because it's hard to find great workers when you need them. Where is Google hiring? Northern Virginia. Where is

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what’s cool, well I think it’s cool

I am working with a couple buying their first home. One of the couple was referred to me by her dad. So what? I was her dad's Realtor before her dad met her mom!;

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Bid $200,000 over asking price and lost

A colleague of mine represented a buyer who bid $200,000 over asking price on a house, and still lost! What is going on?! I myself advised a buyer to overbid "only" $50,0000 before the house even

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Boeing HQ relocating to Arlington, VA

BOEING moving its HQ from Chicago to Arlington. This is a huge deal for northern Virginia, and the entire Washington metropolitan area!Watch the video CLICK!

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Do you see what I see?

I recently showed a buyer a property with a beautiful panoramic view of the Potomac River. I was on the balcony, staring at this very special view, and the buyer just shrugged and walked back.

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Google spending $300 million in Reston and Loudoun

This year -- 2022 -- #Google will be spending $300 million for hiring new employees at Google's headquarters in #Reston, and for #datacenters in #Loudoun County. This is a big deal! click here to

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Outsaving home price inflation

I am working with a first-time homebuyer who said they were ok with renting for another year, and saving up more money for a downpayment, and thus reduce their mortgage loan payment. I said NOT!

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Real estate bubble update

In the northern Virginia suburbs of Washington DC, there is no sign of a bubble. Open house traffic is very strong. Nice homes are getting multiple contracts, bidding up prices above asking. Buyers

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