Market Watch & Musings

November 11, 2021
uniform sleeve patch

Despite the challenges of COVID-19, veteran home buying had a big year in 2020. The VA loan program backed a record of 1.2 million loans. The good news is that VA loans offer plenty of advantages for veterans looking to purchase or refinance this year, too.

Here's a closer look at three big ones.

1. $0 Down Amid Rising Home Prices

During the early stages of the pandemic, the housing market retrenched a bit before skyrocketing. A combination of low mortgage rates and low housing inventory caused home prices to soar but qualified VA buyers can purchase a home with $0 down.

Regardless of the home price, if you have your full entitlement, you will not need to pay a down payment. No down payment gives you flexibility as a homebuyer since you won't need to worry about draining your bank account amid rising home prices.

2. Low-Interest Rates

The average rate on a 30-year mortgage last year was 3.11%, according to Freddie Mac. VA loans have had the lowest average fixed rate on the market for six years running. Veterans using the VA loan benefit have access to the lowest average rates available.

3. Expanded Eligibility for National Guard

This year, even more veterans will be able to take advantage of this hard-earned benefit. National Guard members activated under Title 32 orders become eligible for a VA loan after serving 90 days, 30 of which must be consecutive.

This retroactive change could help countless Guard members suddenly become eligible for what is arguably the most powerful mortgage product on the market today.

Take the Next Step
The Ana and Melissa Team can help you become homeowners with VA loans.
We make sure that each buyer is provided with expert advice and assistance when it comes to the home buying process.

We are your Realtors - We Guarantee to Listen, Advise and Advocate for You!
Give us a call at 703.772.3526.
Email us at This email address is being protected from spambots. You need JavaScript enabled to view it..
Visit our website at www.anaandmelissa.com




November 10, 2021
As inventory remains low in the DC area and the cost of purchasing becomes exorbitant, investors are realizing that renting single-family homes is the future's best investment.

lan07.19 landlord houses featured

Click here to read more about this article.
November 9, 2021
Paint or wallpaper.  It seems the decorating world goes back and forth. between neutrals and color.  Now the big trend is earth tones, wallpaper in fun spaces like bathrooms and laundry rooms.  But have you ever thought of painting your space with cool geometric designs or murals?  Check out this book "Wonder Walls"  by Phoebe  Cornog.

81K7FxnDIQS

Wallpaper may be desirable, but it can be expensive, difficult to install, and damaging to the wall upon removal. Street art and graffiti might seem unattainable, but everyone has an interior wall they can paint. Wall painting offers a way to achieve these modern design effects in the home, and it can be accessible to everyone — even those who don’t consider themselves artists. This bright and colorful book from the creators of Pandr Design Co. features DIY how-to wall painting techniques that will help readers discover the possibilities of paint and see their walls as their canvas.

91OBSKpN6EL copy

Authors Phoebe Cornog and Roxy Prima take readers through wall preparation and paint selection and then teach how to achieve different techniques step by step, from marbling to sponging to geometric design to lettering and more. They address tips, tricks, and troubleshooting and help readers customize their home — without breaking a sweat or breaking the bank. For fans of interior design or anyone seeking to bring color into their home and make their space unique, this book will spark the imagination, feed creativity, and deliver the confidence to do it yourself.

81F0XPIToiL.jpg 1

81F0XPIToiL.jpg 2

81M9YTeo9TL.jpg 1

81M9YTeo9TL.jpg 2

71IIR24AL.jpg 1

71IIR24AL.jpg 2


81MlsVtsWOL.jpg 1

81MlsVtsWOL.jpg 2

81eE9T792L.jpg 1

81eE9T792L.jpg 2
November 9, 2021
The Ana and Melissa Team has a great condo for sale in Vienna, Virginia, a great small town just outside of DC, and Tyson's Corner has a vibrant shopping and restaurant district on its main street.  Explore what Vienna has to offer.

Vienna Virginia mural

1. Meadowlark Botanical Gardens

Meadowlark Botanical Gardens is truly a hidden gem of the Washington DC region and a must-visit for nature lovers. This beautiful park in Vienna Virginia is one of our favorite places for an adventure with young children or a multi-generational outing. When the flowers are blooming, or fall foliage colors the trees, it’s perfect for a romantic stroll too.

Meadowlark gazebo

2. Washington and Old Dominion Trail

The Washington and Old Dominion Trail is a 44-mile long, rails-to-trails bike path that follows a historic railroad line. The stretch of trail from Hunter Mill Road to downtown Vienna is a very scenic place to walk, bike, or rollerblade. Once you reach the Vienna Virginia town boundary, the trail gets busier, and frequent road crossings require extra caution. Stop at the historic train station to check out a vintage red caboose and admire the large Vienna mural.

Bike Trail in Vienna Virginia

3. Caboose Brewing Company

Virginia is home to a vibrant craft beer scene, filled with interesting breweries and Beer Trails. Vienna Virginia is lucky to have Caboose Brewing Company in the downtown area. Caboose is both brewery and restaurant. They serve a wonderful line-up of brews and delicious, locally sourced food. Caboose Brewing Company is right next to the bike trail, a few blocks north of Church Street at the end of an industrial road. They are open Monday to Thursday, 4:00 to 11:00 pm, with longer hours on the weekends (Friday 12-12, Saturday 11-12, Sunday 11-10.

Caboose Brewing Company Vienna Virginia

4. Downtown Vienna Dining

When all this exploring makes you hungry, you have a LOT of choices for where to eat. Our favorite casual places to eat in downtown Vienna Virginia include Taco Bamba, Sweetleaf Cafe, and Pure Pasty. For sit-down dining, we suggest Pazzo Pomodoro, Natta Thai, Maple Ave, and Bazin’s on Church.

Taco Bamba Vienna Virginia

5. Wolf Trap National Park for the Performing Arts

Enjoy music on a much larger scale at the only national park dedicated to live entertainment. Wolf Trap National Park is an indoor/outdoor venue hosting major musical acts and theater throughout the year. During the colder months, acts are housed indoors at the Barns at Wolf Trap. From May to December, the entertainment takes over the 7,000-seat Filene Center and the children’s-oriented Theater in the Woods. The Filene Center offers a combination of covered and lawn seating that is especially fun on a beautiful evening. Wolf Trap hosts a few very popular free events every year. Kick-off the summer season at the annual Wolf Trap Summer Blast-off, featuring fireworks, and music by the President’s Own Marine Band. Finish the season at the annual Holiday Sing-along in early December.

Wolf Trap lawn

Small towns like Vienna are one of the things we love most about living in Northern Virginia. There is always something new to explore, or a favorite restaurant or brewery calling us back. We hope our favorite things to do in Vienna Virginia inspire a visit. Vienna makes a fun day trip destination in the Washington DC area.


If you are ready to make a move, now is the right time!
We are your Realtors - We Guarantee to Listen, Advise and Advocate for You!
Give us a call at 703.772.3526
Email us at This email address is being protected from spambots. You need JavaScript enabled to view it.



November 8, 2021
Great new listing in the Marquis condominium community and just across the street from the Vienna Metro station.

0

This two-bedroom two-bath unit boasts a wonderful open floor plan with a kitchen that includes a center island, an office nook, and a wonderful outdoor patio that overlooks the community courtyard.

The building amenities are expansive! There is a clubhouse with a fitness center, golf simulator, theater room, and meeting room. For spring and summer, a large community pool and courtyards for outdoor grilling. Across the street, you find a wonderful trail for a 3 miles jog or walk.

$399,000 | 2 bedrooms | 2 bathrooms
For more information, give us a call at 703.772.3526
Email us at This email address is being protected from spambots. You need JavaScript enabled to view it.
www.2791CenterboroDr#386.com


November 3, 2021

ZILLOW RIDES BOOMING REAL ESTATE MARKET TO 70% REVENUE GROWTH
Zillow’s class C share price was down 10% on Tuesday, falling before the company announced after the market closed that it would end home flipping. Shares continued to slide in after-hours trading.

The move represents a big hit to Zillow’s top line. Home-flipping was the company’s largest source of revenue, but it has never turned a profit.

forsale real estate zillow
Zillow, which released earnings Tuesday, said its home-flipping business, Zillow Offers, lost $381 million last quarter, as measured by adjusted earnings before interest, taxes, depreciation, and amortization. That resulted in a combined adjusted Ebitda loss of $169 million across all of Zillow.

It has an inventory of about 9,800 homes across the United States that it is currently shopping for to investors. Additionally, there are another 8,200 homes in a contract it has agreed to buy. The company expects to lose somewhere between 5% and 7% on these homes, the company said. Zillow also paid significantly more than those competitors for each home it purchased, buying homes priced $65,000 above the median on average, according to DelPrete’s analysis. By October, the company had listed 250 Phoenix homes at a median-price discount of 6.2% below what it had paid for them. DelPrete called Zillow’s price blunder a catastrophic failure.

A wider look at Zillow’s national performance by analysts at KeyBanc Capital Markets found it had listed 66% of homes at prices below what it had paid for them, with an average discount of 4.5%.

Zillow said it expects that the wind-down of its home-flipping outfit will take several quarters.
November 2, 2021
Hygiene and cleanliness will be a top priority in kitchen designs this 2021 while flexibility for multiple tasks and users remains important. Many of us spent more time at home for the better part of 2020 and the ways in which we cook, entertain, work and relax in our homes changed significantly. Here are the popular finishes, fixtures, colors, and appliances in 2021 kitchen trends.

1. Warm Colors

America's decades-long love affair with cool gray tones is officially over. Beige is back, and it's bringing a warm, soothing vibe to our homes in 2021. The trio of hues includes oatmeal-colored Transcend, a warm clay color called Big Cypress, and a watery turquoise called Misty Aqua. Drawing on nature, the palette was designed to encourage mindfulness and relaxation during such a tumultuous time.

image

2. Organic Style

A new kitchen aesthetic is on the rise with natural, organic style skyrocketed into the top three kitchen design styles for 2021. The style relies on the same clean lines as still-popular contemporary and transitional kitchens, but with a look built on the warmth and textures of natural materials.

This style celebrates the versatility of materials that are organic, nature-inspired for example wood-look flooring, and environmentally conscious, such as energy-efficient light fixtures. Today’s finishes are luxurious, sleek, modern, and fit with almost any design style and budget imaginable.

image 1

3. Touchless Faucets

Installing a new faucet is a quick and easy kitchen update many homeowners will be making in 2021. Whether it's our heightened awareness of hygiene at home or a growing demand for motion-control and hands-free faucets continues to grow in popularity than a traditional lever kitchen faucet.

Another faucet on the rise is the voice-activated faucets that made an appearance on the report. This new faucet is not only more hygienic, but it can also help you be more productive in the kitchen, too. Through simple commands, you can turn the water on to wash your hands or dispense the exact amount you need for pasta or soup.

image 2

4. Large Islands

Large islands (at least 24 square feet in size) are a staple of the post-pandemic kitchen. In addition to serving as a place for food prep, cooking, and storage, the kitchen island has developed to accommodate work and studies with plenty of outlets. A table abutting the island similarly creates a versatile workspace, casual gathering place, and designated dining area.

image 3

5. Specialty Ovens

Homeowners are investing in auxiliary, specialty ovens for greater functionality as they spend more time cooking at home. For example, a convection speed oven can augment a traditional range with a flexible cooking solution that combines both traditional and microwave ovens into a single product. You can bake, broil, and microwave all with the same unit.

These additional ovens also reflect homeowners’ increasing awareness of and desire for a more wellness-oriented lifestyle. Functionally, we're seeing a huge trend in ditching the microwave in exchange for a steam oven as clients become more aware of the health benefits of steam cooking.

image 4

For more information about the latest trends in Real Estate especially the Housing Market this fall. Give us a call at 703.772.3526. Or email us at This email address is being protected from spambots. You need JavaScript enabled to view it. if you'd like to set up a complimentary consultation. The good news? If you work with experienced agents (like us!), we can help you navigate the housing market.

We are not just Realtors - We Guarantee to Listen, Advise and Advocate for You!



October 27, 2021
Wednesday Post

First, we always start by touring our clients' homes to assess the amenities, the condition of the property, and any upgrades and renovations made since they bought it.⠀⠀⠀⠀⠀⠀⠀⠀⠀

And then, we run an analysis based on comparables in the neighborhood and a data analytic report.
Both reports analyze:
1. Similar homes in your area and what they've sold for.
2. Homes in your area that are under contract but haven't closed.
3. Competing properties that are currently for sale.⠀

In addition, we look at tax records, to analyze non-realtor sales, transfer of deeds, and transactions.⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀
If you're thinking about selling (it's still a great time to list!) let us know if you'd like us to complete our comprehensive analysis to see what your home might be worth. No cost to you and no strings attached.

We Guarantee to Listen, Advise and Advocate for You!
Call 703.772.3526 or Email us at This email address is being protected from spambots. You need JavaScript enabled to view it..
Visit our website at www.anaandmelissa.com
Please contact us today, at 703.772.2536 or via email: AnaAndMelissa@gmail.com