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.
Do you see what I see?
Dated: April 26 2022
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 inside. I learned a few hours later that buyer was visually impaired, and thus could not see the Potomac River view. There is an important lesson for all of us in this true story, that two people can look at the same thing at the same time and see two very different things. So we do need to first seek to understand, then to be understood. (That's one of the Seven Habits of Highly Effective People by Steven Covey by the way.) First seek to understand. Then seek to be understood.
Example of Andy's sense of humor, click HERECheck out a few of Andy's other websites:Real estate and the environment - daily GREEN newsDaily retirement newsOver 55 Active Adult properties in Northern ....
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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.