Here's a typical Craftsman home in Del Ray Alexandria VA
Rising home prices have created a market that favors sellers. Under these current market conditions, little
wiggle room for buyers on a budget is provided. In the previous year buyers in the market voiced that their top Real Estate sales stressor was a limited selection of inventory of homes for sale to choose from. Additionally, the year leading up to this year had notated that other top home buyer stressors were prices, competition, rising mortgage rates, and home shopping fatigue.
Here are the 2015 top home buyer stressors:
Affordability, prices jumped too quickly
Competition, other buyers want the same property
Circumstance, need to sell current property first
Down payment, didn't squirrel away enough to prepare
Unreasonable mortgage rates, can't make the move into home ownership just yet
Aubrey Nesbitt is a native of Northern Virginia who attended Virginia Commonwealth University. He is a veteran of the US Army and helps his family business by providing informational articles like this one. In addition to photography and blogging, Aubrey provides administrative support for the office.
Aubrey is a service-disabled retired veteran and a part of our family. We give him the opportunity to work at the office and on the web as part of his recovery. The opinions and statements presented by Aubrey are his own and we don't necessarily agree with them.
