Category Archives: Arlington Real Estate

painting

Best Home Upgrades for the Fall

Fall is the season that carries the meaning of warm and cozy. Experts say it is the perfect time for renovating and falling in love with your home. To do so, it would be good to make a priority list of all the projects you want to tackle to make your home ideal. But, even if you want to find some of the best home upgrades for the fall to increase your home’s value and make it attractive to potential buyers, this article is suitable for you too. We have created a list of various projects to choose from, depending on your time and budget. The projects you are about to read range from minor maintenance to major upgrades. Either way, we are sure you will find something that suits your family’s needs and desires.

Which are the best home upgrades for the fall?

Once you decide to renovate, the thrill and excitement start. However, once you get down to business, you realize how many steps you need to take to make your wishes come true. It’s essential to bear in mind that it’s normal to start feeling anxious or pressured.

The key to successful remodeling is to be prepared and organized. Of course, you can make a list of priority tasks you want to do, but it would be good to make a step-by-step list to follow to ensure a smooth process. For example, if you plan on remodeling your living space, you should consider getting a portable storage unit to give you extra space where you need it. This way, you will remove all the things in the way while still being able to access them. 

Finally, let’s take a look at some of the best home upgrades for the fall.

  • Exterior accessories upgrade
  • Front door repainting or replacement
  • Painting the exterior
  • Power washing
  • Gutter cleaning
  • Roof repair
  • Deck refreshment
  • Switching to a thermostat
  • Heated flooring in the bathroom

Upgrade your exterior accessories

Your exterior is the first thing you or anyone sees. So, if you always think of that one light bulb not working above your front door, now is the time to replace it. Additionally, paying attention to your lighting when staging your home is a good idea if you are looking to sell your house.

house number 216
Small, but still, one of the best home upgrades for the fall. Update your mailbox and home number.

House numbers and mailboxes are also small things worth upgrading. It would be best to have your exterior accessories matching in material and color. 

Replace or repaint your front door

Replacing the front door will give you peace of mind knowing you and your family are safe. It will also give your entrance much-needed flair. 

The easiest and more cost-efficient way is to repaint your front door. The best thing of all is that by doing so, you can make your home stand out in just one afternoon.

Painting your exterior is one of the best home upgrades for the fall

If your house could use a fresh coat of paint, go for it. This is especially important if you want to sell your house in the near future. Painting your home’s exterior will do wonders for curb appeal. So, before you call the experts from Zippy Shell Northern Virginia to help you relocate, pick up the paint rollers and put on some clothes you don’t mind staining!

Another thing you might want to consider if you are not a fan of painting is to install new siding. By doing so, you will boost your home’s curb appeal and durability.

Power wash the exterior

Your exterior might need a good and thorough power wash. Numerous materials, such as brick, concrete, wood, metal, vinyl, are surfaces that you can power wash. With that said, it would be best if you used less pressure on painted surfaces.

Clean your gutters

This is a step that often tends to be neglected. However, it shouldn’t, since your gutters work hard during fall and wintertime. 

cleaned gutters on a white roof
It’s best to clean your gutters before it gets too cold.

Snow and winter can be hard on gutters, so it would be best to have a routine inspection twice a year. Also, pay attention to any cracks or holes that need to be fixed before the cold weather arrives.

Repair your roof

Repairing or even replacing your roof during fall will make your home’s insulation better, and therefore lead to lower heating costs. 

rain falling on a roof
A functional roof gives anyone peace of mind.

Another advantage of repairing or replacing your roof is that it enhances curb appeal. Potential buyers will be more attracted to a home with a new and secured roof. On the other hand, buyers might try to negotiate a lower price if your roof needs repairs.

Refresh the deck

You can revive your deck by simply power-washing and hand-scrubbing it, which will make it seem like new. You should then go ahead and add a protective coat of semitransparent paint. 

two friends sitting on sofas on the deck
A deck is a place that gathers family and friends, don’t neglect it.

Switch to a thermostat

It might be time to switch to a thermostat and lower your energy bill during colder months. Digital thermostats can lower your bills to up to 180$ a year. The best thing is there’s a variety of models to choose from. For example, there are simple versions that only control heat and can be found for a price of 25$. Also, there are more complicated units that control humidifying and cooling too. 

Install heated flooring in your bathroom

Heated floors keep you and your feet warm, especially during colder months. We can agree that no one likes walking into a cold bathroom in the morning or stepping on a cold floor after a hot shower.

a bathroom with heated flooring
Heated floors are cozy and energy-efficient.

The takeaway from best home upgrades for the fall

The end of summer is just around the corner. Use this in-between time to take up some of the best home upgrades for the fall to make your home cozy and secure or give potential buyers what they want to see. Good luck!

Meta description: If you are looking to raise the value of your home or simply spruce it up, read on. Here are the best home upgrades for the fall!

Photos used:

https://www.pexels.com/photo/two-women-sitting-on-sofa-238385/

https://www.pexels.com/photo/photo-of-roof-while-raining-2663254/

https://www.pexels.com/photo/red-helmet-on-white-wooden-fence-8853521/

https://www.pexels.com/photo/modern-bathroom-interior-with-freestanding-tub-6207947/

https://www.pexels.com/photo/216-number-2053903/

https://www.pexels.com/photo/apply-blue-brush-carpentry-221027/

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

virginia winter market 2021

Our Full Guide to This Winter’s Cooled-Down Market

Key Takeaways:

  • According to this winter’s market forecast, there’s going to be a flurry of new housing inventory that benefits both buyers and sellers.
  • More housing inventory provides additional options for buyers and newfound confidence for sellers who need to find a home after they list.
  • Thinking about making a move? It’s not too early to begin planning—and by starting now, you’ll be settled in your next home by the new year!

The Winter Weather Forecast Is Calling for a Cooled-Down Market

It might still be the beginning of autumn, but it’s never too early to start planning a successful home sale! If you’re thinking about listing your home this winter, you should expect the market to look a little different by the end of the year. Winter is usually the quietest time for real estate, which means you can look forward to a cooled-down winter market forecast. A slower-moving market will give sellers more time to prepare their listings and peruse the market for their next homes.

Here’s what more housing inventory means for sellers

homeowners meeting with realtor

After enduring a red-hot sellers’ market so far in 2021, this year’s winter market forecast is finally calling for increased housing inventory. More homes on the market means two things for sellers: they gain more time to prepare their listings, but they might need to do a little more to stand out from the competition.

With additional properties expected to hit the market this winter, we want to make sure you get your home listed before our area gets snowed in with sellers. From highlighting your home’s top features to marketing it to targeted buyers, we can sell your property for top dollar in no time.

Homebuyers, your holiday present is here

homeowners hugging in kitchen

Instead of a present under the tree, what if we could give you a new home instead? Current predictions indicate an onset of new housing inventory this winter, which means more options for buyers. So bundle up buyers—it’s finally going to be your turn to make a move in the market. More housing inventory and continually low interest rates could lead to a long-awaited decrease in home prices, all of which will help create a more balanced market.

As your local area experts, we know how to land your dream home in just the right community. So whether you’ve been browsing for your next home or already know you’re going to need a house after you sell, you can count on us to find your perfect place. And by using our comprehensive market reports, we can help you secure a home within your budget, too!

Now’s the time to take advantage of this year’s wintery market mix

couple meeting with realtor over coffee

While it might be tempting to put off listing your home until after the holiday season, you never know when the market is going to shift again. Trying to time the market is one of the biggest mistakes you can make as a homeowner, and we’re here to assure you that this winter (or even fall!) is the time to make your real estate move.

Both buyers and sellers can take advantage of this year’s wintery market mix of competitive listings and increased housing inventory. New properties on the market will provide buyers with more housing options to choose from, and sellers can list their homes knowing that they’ll be able to find a new place after they sell. And if you’re listing soon, you don’t have to worry about making your property stand out—our top-notch agents can handle all the details.

Ready to Slide Into the Market This Winter?

Hop on your sleds, we’re ready to help you slide into the real estate market this winter! Buying or selling your home—even during the holiday season—doesn’t have to be stressful. Allow us to handle all the details of your real estate transaction for you this winter, so you can be settled in your next home by the new year!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

3 Charts That Show This Isn’t a Housing Bubble

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.

1. The housing market isn’t driven by risky mortgage loans.

Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers’ Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more than doubled from 2004 (378) to 2006 (869). Today, the index stands at 130. As an example of the difference between today and 2006, let’s look at the volume of mortgages that originated when a buyer had less than a 620 credit score.

Dr. Frank Nothaft, Chief Economist for CoreLogic, reiterates this point:

“There are marked differences in today’s run up in prices compared to 2005, which was a bubble fueled by risky loans and lenient underwriting. Today, loans with high-risk features are absent and mortgage underwriting is prudent.”

2. Homeowners aren’t using their homes as ATMs this time.

During the housing bubble, as prices skyrocketed, people were refinancing their homes and pulling out large sums of cash. As prices began to fall, that caused many to spiral into a negative equity situation (where their mortgage was higher than the value of the house).

Today, homeowners are letting their equity build. Tappable equity is the amount available for homeowners to access before hitting a maximum 80% combined loan-to-value ratio (thus still leaving them with at least 20% equity). In 2006, that number was $4.6 billion. Today, that number stands at over $8 billion.

Yet, the percentage of cash-out refinances (where the homeowner takes out at least 5% more than their original mortgage amount) is half of what it was in 2006.

3. This time, it’s simply a matter of supply and demand.

FOMO (the Fear Of Missing Out) dominated the housing market leading up to the 2006 housing bubble and drove up buyer demand. Back then, housing supply more than kept up as many homeowners put their houses on the market, as evidenced by the over seven months’ supply of existing housing inventory available for sale in 2006. Today, that number is barely two months.

Builders also overbuilt during the bubble but pulled back significantly over the next decade. Sam Khater, VP and Chief Economist, Economic & Housing Research at Freddie Macexplains that pullback is the major factor in the lack of available inventory today:

“The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes.”

Here’s a chart that quantifies Khater’s remarks:

Today, there are simply not enough homes to keep up with current demand.

Bottom Line

This market is nothing like the run-up to 2006. Bill McBride, the author of the prestigious Calculated Risk blog, predicted the last housing bubble and crash. This is what he has to say about today’s housing market:

“It’s not clear at all to me that things are going to slow down significantly in the near future. In 2005, I had a strong sense that the hot market would turn and that, when it turned, things would get very ugly. Today, I don’t have that sense at all, because all of the fundamentals are there. Demand will be high for a while because Millennials need houses. Prices will keep rising for a while because inventory is so low.”

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

Housing Supply Is Rising. What Does That Mean for You?

An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges:

It looks like inventory may have hit a bottom (we’ve seen this in the higher frequency data as well). Unsold inventory in May was at 2.5 months supply, up from 2.4.

To put it into perspective, the graph below shows levels of inventory rising since the beginning of the year:

We’re still not close to a balanced market, which would be a 6 months’ supply of homes for sale. However, we are seeing a slow but steady increase in homes coming up for sale. And that leaves many buyers and sellers wondering the same thing: what does that mean for me?

Buyers: More Options Are Arriving, so It’s Time To Act

If you’re a buyer, more inventory coming to market is a welcome sight. More supply means more options and less competition, which could mean fewer bidding wars.

According to the latest Monthly Housing Market Trends Report, supply levels are continuing to increase, which is different from the typical summer market:

“In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the summer season, a welcome sign for a tight housing market.

If you’re having trouble finding your next home, this news should give you the hope and motivation to keep your buying process moving forward. Experts project mortgage rates will begin increasing, which will make purchasing a home less affordable as time passes. You can still capitalize on today’s low interest rates, so stick with your search as more homes come to market.

Sellers: Our Supply Challenges Aren’t Over Yet, so Now Is the Time To Sell

If you’ve been putting off selling your house, you shouldn’t wait much longer. The year’s month-over-month gains in homes for sale have helped buyers, but we’re still very much in a sellers’ market.

As the graph below shows, even with the number of homes for sale rising, we’re still well below the supply levels we’ve seen historically:

Of course, more homes are coming to market now, and more are expected in the coming months. Selling your house this summer gives you the chance to get ahead of the competition and maximize your sales potential before more homes are put up for sale in your neighborhood.

Bottom Line

More homes for sale means more options for buyers and more competition for sellers. Whether you’re looking to buy or sell, let’s connect today to discuss your options and why it’s still a good time to make your move.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

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Join us every Tuesday at 11 AM EST on our Facebook page for Licata Live,

where you can ask questions to different members of our team every week!

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Northern Virginia, or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available properties, please visit our website licatagroup.com

Best Neighborhoods in Orange County VA for Young Couples

Orange County Virginia is a very nice place to live, judging by the opinion of a vast number of people. It has a lot to offer and yet it has succeeded in keeping a slow, stress-free, and peaceful lifestyle. If you and your significant other are looking for a place to settle down and make a future, we can help you choose among the best neighborhoods in Orange County VA for young couples. You will enjoy immensely and have an opportunity to do some fun things once your move to Orange County is complete.

What makes a neighborhood a good choice for young couples?

When choosing a place to live, young couples should follow certain criteria that will rule their final decision. Their needs and preferences are, understandably, significantly different from those of retirees, college students or graduates, for example. To be perceived as one of the best neighborhoods in Orange County VA for young couples, here are the features a neighborhood has to possess:

  • To be affordable. – Although there are, of course, young couples who can afford a considerably high standard of living, it is much more probable for them to prefer affordable neighborhoods where the costs of living are lower.
  • To have a strong job market. – Numerous job opportunities are an important factor for everybody, not only young couples. If they cannot find a job easily or earn an income they would like to, they opt for relocation and settling down in another city.
  • To be safe. – Safety is one of the most critical features you can expect from a neighborhood. Since young couples mostly consider starting a family in the near future, this is also yet another reason why safety is important.
  • To have a lot of amenities. – We all know very well that all work and no play make Jack a dull boy, right? Hence, young couples like engaging in various activities once they find some free time after work. Luckily, Orange County VA has it all. Whether they are nature lovers, thrill-seekers, or even partygoers, they will find something to enjoy in this area.

Our choice of the best neighborhoods in Orange County VA for young couples

Once we have defined what young couples value most when choosing a place to live, we can suggest a few neighborhoods in this area they might like. Even organizing a long-distance relocation is the sacrifice worth making if you find exactly what you are looking for right here. You will soon realize that Orange County VA has the reputation of one of the most livable and pleasant places to live in the USA for a very good reason.

Lake of the Woods

Lake of the Woods is a perfect choice for everybody regardless of their age or marital status. Its home to two very beautiful lakes that give plenty of options for recreational activity, and make a nice alternative than driving to the beach. The unemployment rate here is low since there are numerous job opportunities. As safety is one of the key features to look for, we will stress that the gated community prides itself on keeping all the residents safe with the help of their own security that patrol the streets on a regular basis.

There are a lot of things to see and do here, enjoying the various amenities to spending time in nature. If you have a dog, Lake of the Woods should be your first choice, since the place is genuinely dog-friendly. Here you’ll find substantially sized dog park within the neighborhood that is properly secured for both you and your pet to enjoy.

Young couples who are looking for a place to settle down permanently and start a family soon should seriously consider Lake of the Woods. It is a community that’s centered around each other, as well as in a wonderful school district.

Lastly, there are no short supply of activities to keep you entertained, as community driven clubs and events are constantly occurring with new ones sprouting up on a regular basis. At Lake of the Woods, you’re sure to find a place that truly feels like a forever home.

The Town of Gordonsville

Gordonsville is a small charming town with a lot of small shops and cafes. Although it is usually preferred by those who decide to buy a home in Virginia after retirement,  the situation has recently started to change. A very low crime rate and a lot of outdoor amenities attract all those nature lovers and people who live a healthy lifestyle.

The unemployment rate here tends to be on the higher side when compared to the national average, but the vicinity of some bigger towns increases the number of job opportunities due to short commute time. Also, the cost of living is around the national average, so we can say that living in Gordonsville is a good option for young couples.

The Town of Orange

As you might assume, Orange is the seat of Orange County. It has scored an increase in population in recent years as more and more people, young couples included, are desperately trying to run away from the hustle and bustle of urban areas. The cost of living here is a bit on the pricey side. On the other hand, safety, numerous amenities, and excellent educational facilities are a big plus.

What young couples also like here are nice cafes and restaurants with a warm, friendly atmosphere. They can enjoy a night out, entertain themselves, and still avoid the turbulence of big cities.

Final words on the best neighborhoods in Orange County VA for young couples

Living in Orange County VA is appealing for a great number of people. The County offers all a person needs – to earn a substantial income, have a nice, spacious home, get a good education, and enjoy various leisure activities. While some neighborhoods are a better choice than othres, whatever neighborhood you choose, you will not make a mistake. They are very similar and each and one of them has a distinctive charm that young couples will like.

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Norther Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available properties, please visit our website licatagroup.com

Three Open Houses Happening This Weekend, 11/16-11/17/2019!

Join us this weekend as we show of three of the most gorgeous homes that you are guaranteed to fall in love with. 119 Monticello Cir and 308 Wilderness Dr will be held on Saturday, 11/16 from 1-3 PM in Lake of the Woods, and 4747 Arlington Blvd on Sunday, 11/17 from 1-4 PM in Arlington. If you would like to learn more, be sure to click on the addresses below!

119 Monticello Cir, Priced at $324,900

308 Wilderness Dr, Priced at $334,900

4747 Arlington Blvd, Priced at $750,000

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

Fabulous Forest Brick Home in Arlington, VA! 4747 Arlington Blvd Now SOLD!!

A lovely Arlington Forest brick home gives you a warm welcome to the neighborhood. A large fenced in yard can accommodate your family and gardening adventure. An exterior shed provides you with all the storage you~ll need for the grill, tools and lawn mower. Newly refinished hardwood floors and paint throughout the home give you the canvas to create a space for all to enjoy. First and second floor bedrooms give you additional space for a home office. The fully finished basement is an ideal for gathering space friends and family. With a fully finished bathroom on every floor, this home is easy to use. Additionally when you visit, you~ll notice the highly desirable commuting location is with great walkability to parks, neighborhood pool and shopping. This active community is minutes away from DC and Arlington attractions. Making it ideal for airport access and work travel requirements. For more info about this property, Click Here!

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Norther Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available properties, please visit our website lakeofthewoodsvirginia.com