Welcome to 1915 Contralto Ct…a delightfully updated split level situated on almost a half acre lot on a quiet cul-de-sac (with access to the W&OD trail!) in the Tiburon neighborhood of Vienna. With 4BR/3BA on 3 finished levels, this home features beautiful Brazilian hardwood floors on the main and lower levels, updated eat-in kitchen & baths, separate dining area, a wood burning fireplace, primary bedroom suite, finished lower level and more. Outdoor living & entertaining space includes a back deck overlooking the private fully fenced-in yard. 2-car attached garage, unbeatable location for commuters & amenities, and great schools! Schedule your showing today!
Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 54 years and has sold over $1 Billion in transaction volume!
Besure to follow our blog, as well as our pages on Facebook & Instagram and our YouTube channel, to get our updates on the real estate market, community happenings and much more!
Welcome to 10200 Martinhoe Drive…a lovely split colonial situated on a .46 acre lot in the Lewis Manor neighborhood! With 4BR/2.5BA on 5 finished levels, this home features hardwood floors on the main level, crown molding throughout, built-in bookcases/shelving, a stone wood burning fireplace, eat-in kitchen, separate dining room, private office/den, spacious primary bedroom suite, finished lower level and more. Outdoor living & entertaining space includes a back deck overlooking the beautiful in-ground pool and fenced-in yard. 2-car attached garage, unbeatable location for commuters & amenities, and great schools! Don’t miss this opportunity to make this home your own!
Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 54 years and has sold over $1 Billion in transaction volume!
Besure to follow our blog, as well as our pages on Facebook & Instagram and our YouTube channel, to get our updates on the real estate market, community happenings and much more!
Welcome to 43108 Candlewick Sq located in Potomac Station! This beautifully updated townhome has 3 bedrooms/3.5 baths, and over 2,400 square feet of living space on 3 finished levels. Stand out features include an updated eat-in kitchen with island & breakfast bar, stainless steel appliances, gas cooking, 42′ cabinets and granite countertops, a spacious living room with bay window, a separate dining area, hardwood & tile flooring on main level, bump-out in back for all levels (provides for the main level family room, the primary bedroom’s sitting area & lower level den/office), a primary bedroom suite with vaulted ceiling, attached bath, walk-in closet & sitting/dressing room, and a finished walkout lower level with gas fireplace, office/den area and bonus room. The back deck looks out over trees and the lower level fenced in patio includes a great storage shed! All of this and more in a great Leesburg location…close to many amenities, historic downtown Leesburg, and convenient for travel/commuting. Don’t miss your chance to make this wonderful property your next home!
Reach out to The Belt Team if you are thinking of buying or selling. The Belt Team has been in business for over 50 years and has sold over $1 Billion in transaction volume!
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now?
Greg McBride, Chief Financial Analyst at Bankrate, explains how inflation is affecting the housing market:
“Inflation will have a strong influence on where mortgage rates go in the months ahead. . . . Whenever inflation finally starts to ease, so will mortgage rates — but even then, home prices are still subject to demand and very tight supply.”
No one knows how long it’ll take to bring down inflation, and that means the future trajectory of mortgage rates is also unclear. While that uncertainty isn’t comfortable, here’s why both inflation and mortgage rates are important for you and your homeownership plans.
When you buy a home, the mortgage rate and the price of the home matter. Higher mortgage rates impact how much you’ll pay for your monthly mortgage payment – and that directly affects how much you can comfortably afford. And while there’s no denying it’s more expensive to buy and finance a home this year than it was last year, it doesn’t mean you should pause your search. Here’s why.
Homeownership Is Historically a Great Hedge Against Inflation
In an inflationary economy, prices rise across the board. Historically, homeownership is a great hedge against those rising costs because you can lock in what’s likely your largest monthly payment (your mortgage) for the duration of your loan. That helps stabilize some of your monthly expenses. Not to mention, as home prices continue to appreciate, your home’s value will too. That’s why Mark Cussen, Financial Writer at Investopedia, says:
“Real estate is one of the time-honored inflation hedges. It’s a tangible asset, and those tend to hold their value when inflation reigns, unlike paper assets. More specifically, as prices rise, so do property values.”
Also, no one is calling for homes to lose value. As Selma Hepp, Deputy Chief Economist at CoreLogic, says:
“The current home price growth rate is unsustainable, and higher mortgage rates coupled with more inventory will lead to slower home price growth but unlikely declines in home prices.”
In a nutshell, your home search doesn’t have to go on hold because of rising inflation or higher mortgage rates. There’s more to consider when it comes to why you want to buy a home. In addition to shielding yourself from the impact of inflation and growing your wealth through ongoing price appreciation, there are other reasons to buy a home right now like addressing your changing needs and so much more.
Bottom Line
Homeownership is one of the best decisions you can make in an inflationary economy. You get the benefit of the added security of owning your home in a time when experts are forecasting prices to continue to rise.
Please reach out if you need assistance in buying your next home.
Welcome to 817 Bernard St, Alexandria VA 22314…a beautifully updated 3 level end-unit townhome that has 3 bedrooms/3.5 baths, over 1,800 square feet of living space, a fabulous oversized yard and private one car driveway. Stand out owner improvements/updates include updated kitchen & baths, additional hardwood flooring on stairs & upper level, windows replaced, HVAC, interior doors, wet bar in lower level, washer/dryer, light fixtures, front gutters, landscaping, sprinklers and painting. All of this and more in an unbeatable location…close to ALL Old Town Alexandria amenities, easy travel/commute to Alexandria, The Pentagon & DC via Metro or bus…and Reagan National Airport is also very close by! Don’t miss this your chance to make this wonderful property your next home!
Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 50 years and has sold over $1 Billion in transaction volume!
Welcome to 1011 Westwood Dr NE! A beautifully updated colonial in an unbeatable Vienna location…just a stone’s throw from the Town of Vienna AND Tysons Corner! This 4BR/2.5BA home has over 2,800 square feet of living space on 3 finished levels and is loaded with updates/improvements made by current owner including kitchen remodel, updated baths, flooring, window & roof replacement, back porch addition, HVAC and more! Wonderful living areas inside and out including a family room with fireplace, living room, lower level rec room and fantastic screened-in back porch. The Westwood Manor neighborhood surrounds Westwood Country Club and is an unbeatable location for commuters & amenities.
Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 54 years and has sold over $1 Billion in transaction volume!
Besure to follow our blog, as well as our pages on Facebook & Instagram and our YouTube channel, to get our updates on the real estate market, community happenings and much more!
Welcome to 1011 Westwood Dr NE! A beautifully updated colonial in an unbeatable Vienna location…just a stone’s throw from the Town of Vienna AND Tysons Corner! This 4BR/2.5BA home has over 2,800 square feet of living space on 3 finished levels and is loaded with updates/improvements made by current owner including kitchen remodel, updated baths, flooring, window & roof replacement, back porch addition, HVAC and more! Wonderful living areas inside and out including a family room with fireplace, living room, lower level rec room and fantastic screened-in back porch. The Westwood Manor neighborhood surrounds Westwood Country Club and is an unbeatable location for commuters & amenities.
Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 54 years and has sold over $1 Billion in transaction volume!
Besure to follow our blog, as well as our pages on Facebook & Instagram and our YouTube channel, to get our updates on the real estate market, community happenings and much more!
Welcome to 10870 Burr Oak Way…a beautiful colonial backing to mature trees located on a peaceful pipe stem in Burke Centre. This 4BR/2.5BA home has over 2,600 square feet of living space on 3 finished levels. Updates/improvements include new paint & carpet throughout, stainless steel appliances, air conditioning unit & recessed lighting, as well as updated bathrooms, roof, garage floor and more. Main level features include shining hardwood floors, a warm and inviting family room with gas brick fireplace, kitchen with SS appliances & cherry cabinets and a formal/separate dining room. The primary bedroom with updated walk-in closet and attached bath is located the upper level along with 3 additional bedrooms and full bath. The finished lower level rec room with wet bar is a great versatile extra living space! The fantastic back deck overlooking mature landscaping and trees is the perfect spot to relax, enjoy a meal or entertain friends and family. This home also has an asphalt driveway leading to a 2-car attached garage. Wonderful Burke Centre HOA amenities and close to lots of shopping, dining and commuter options. Don’t miss this opportunity to make this your next home!
Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 50 years and has sold over $1 Billion in transaction volume!
Welcome to 131 Kingsley Rd SW…a stunning custom build by Wetherburne Homes with over $300,0000 of additional improvements and updates by current owners on a gorgeous landscaped 1/2 acre lot in the Town of Vienna. Almost 8,000 finished square feet of quality with 8 bedrooms/7 full baths on 4 levels including a main level bedroom/bath/library. Ideal for work from home with multiple office options. Exceptional feature include super floor plan, custom mill work, finished in place hardwood & marble floors, huge gourmet kitchen, lower & loft levels with bedrooms/baths, numerous outdoor living spaces and oversized garage with storage. Excellent schools and unbeatable location!
Call Terry Belt at 703-242-3975 for more details or to schedule a showing!
Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 54 years and has sold over $1 Billion in transaction volume!
Besure to follow our blog, as well as our pages on Facebook & Instagram and our YouTube channel, to get our updates on the real estate market, community happenings and much more!
Welcome to 2229 Benedictine Ct…an updated split colonial situated on a lovely .38 acre corner lot in the Wincanton neighborhood of Vienna. 2,495 square feet of living space with 4BR/2.5BA on 4 finished levels. Updates/improvements include hardwood floors, carpet, roof & gutters, windows throughout, kitchen, interior painting, hot water heater, clothes dryer and rear fence. Outdoor living & entertaining space features a deck overlooking the yard and trees. 2-car attached garage, unbeatable location for commuters & amenities, great schools and so much more!
Call Terry Belt at 703-242-3975 for more details or to schedule a showing!
Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 54 years and has sold over $1 Billion in transaction volume!
Northern Virginia Real Estate Blog 